Your Comprehensive Guide to Australia’s Top Crypto Exchanges in 2025

When it was launched in 2009, cryptocurrency might have initially been a niche market in Australia. But today, with more than 6.2 million Aussies having invested in these types of digital coins, it is fair to say it is a lot more mainstream now.

However, with this wider acceptance has come an increase in the options for buying and trading it. Because of this, with so many platforms now available, it can feel tricky to know which one is the best one to use.

That is why we have put together this guide to walk you through the top crypto exchanges in Australia in 2025. In it, we will highlight what matters most when choosing a platform, and give you tips on staying safe while trading in it.

What Are Crypto Exchanges and Why Do They Matter?

Crypto exchanges are the bridge between you and digital currencies such as Bitcoin and Ethereum. Essentially, they are the marketplaces where you can buy, sell, and swap coins in a secure way.

In Australia, exchanges are particularly important because the market is growing fast. Indeed, the number of retailers, businesses, and investors that are accepting crypto is growing rapidly.

To trade crypto, it is advisable to use a reliable platform that is registered with the right regulators. It is also worth taking the time to choose wisely because if you do, you’ll ensure your money will be safe, trades will be smooth, and you’ll enjoy good peace of mind.

Key Factors to Consider When Choosing a Crypto Exchange

According to IBIS World, around 135 businesses currently operate within the cryptocurrency exchange industry in Australia. However, not all of these exchanges are the same. Therefore, when evaluating which one to use, here is what you should keep an eye out for.

Fees and Transaction Costs

Every platform charges differently, so it pays to understand what fees and transaction costs you’ll incur.

Indeed, some exchanges have low percentage fees, while others charge fixed amounts per trade. It is advisable to look for low-fee crypto exchanges if you plan on trading often. That is because small savings per trade can add up quickly over time.

Security Features

Security is vitally important within the crypto space. Make sure the cryptocurrency exchange you use offers two-factor authentication, cold storage, and insurance on holdings. Protecting your assets must be a top priority, so never compromise on or take safety for granted.

Regulation and Compliance

In Australia, exchanges should be registered with AUSTRAC. Ideally, they should also fall under ASIC oversight. Using an ASIC-regulated exchange is highly recommended, as it ensures they follow local laws, which ultimately gives you more protection.

Ease of Use

If you’re new to crypto trading, it is worth looking for beginner-friendly trading platforms. These exchanges tend to have simple interfaces and easy signup processes that provide you with quicker access to the platform.

For new traders, this type of simplicity often is the difference between sticking with crypto or giving up early.

Australia’s Top Crypto Exchanges in 2025

As mentioned, there are around 135 crypto exchanges in Australia. You can compare many of these crypto exchanges, from Independent Reserve. But here is a snapshot of some of the best and most reliable ones you can use.

1. Independent Reserve

One of the oldest and most trusted exchanges in the country, Independent Reserve is well known for its security and compliance with regulations. It’s an excellent option for those who want the peace of mind of knowing their trades are secure.

2. Swyftx

Swyftx is a favourite for beginners because of its easy interface, competitive fees, and demo mode, which enables you to practise trading without risk. It is ideal for those who are dipping their toes into the crypto waters for the first time.

3. CoinSpot

CoinSpot is a popular exchange that offers a large range of coins. It is especially good if you’re into altcoin trading in Australia, as it gives you more options than most other platforms. They are also known for having strong security measures in place.

4. Binance Australia

For those who are more advanced traders, it is hard to go past Binance Australia. This exchange offers low trading fees, advanced charting, and high liquidity. It also provides traders with an excellent range of professional tools that they can use to make their trades.

Buying Bitcoin and Altcoins in Australia

If you want to get started with digital currency in Australia, the good news is that the process is pretty straightforward. In fact, most exchanges let you buy Bitcoin in Australia directly with AUD. You can pay through bank transfer, PayID, or even debit cards.

In addition, aside from Bitcoin, many platforms support dozens of other cryptocurrencies. At the same time, altcoin trading in Australia has grown, giving investors the chance to explore coins like Solana, Cardano, and XRP.

Before signing up, it is important to check the deposit and withdrawal options the exchange offers. Some platforms allow instant deposits, while others may take a couple of business days. You’ll want to find one that offers quick and transparent withdrawals back to your bank.

Choosing the Right Platform for You

It is fair to say that Australia’s crypto market is thriving, and there are now more options than ever before. Ultimately, which one is right for you comes down to what you need.

If you’re a beginner, focus on beginner-friendly trading platforms with low fees and strong security. More experienced traders, on the other hand, should look for one with advanced tools and high liquidity.

Whichever exchange you pick, make sure you always prioritise security, regulation, and ease of use. You should also take the time to research and compare a few of them before making a final decision.

Ducovest Research