Each crypto can be bought, traded, and sold against Bitcoin, altcoins, fiat currency, or stablecoins such as Binance USD (BUSD), Coinbase USD Coin (USDC), PAXOS (PAX), Tether (USDT), and True USD giving investors maximum flexibility to manage their portfolios. The exchange has one of the largest offerings of cryptos with more than 350 coins. This works both ways as funds from a Binance wallet can be transferred to a bank account rapidly. This is hugely important as other exchanges do not have instant AUD deposit options. In addition, Binance rewards new users with a bonus of up to $100 for free using a referral code for Binance.īinance Australia allows investors to instantly deposit and withdraw using AUD via PayID/Osko (NPP payments), which is supported by over 100 Australian banks and financial institutions. For investors, there is an excellent selection of premium products, services, and features such as Binance Earn. Limited options for AUD deposits and withdrawalsĬombined with a variety of markets including spot, margin, futures trading, and options, Binance is an excellent platform for experienced traders.Complicated to use for individuals that just want to buy and hold crypto.Difficult to navigate for first-time investors and traders.All-in-one platform with a broad range of products and services.Advanced charting and trading platform on desktop and mobile devices.Competitive 0.1% trading fee, volume and staking discounts, and low slippage.Although the fees are slightly higher, it provides a variety of investors the flexibility to pay for cryptos with bank cards. Moreover, Swyftx is currently one of the only Australian exchanges that support debit and credit card payments. There are zero fees to deposit and withdraw AUD to a bank with email confirmation workflows for each step along the process. Its unique approach in the market for Australians to buy Bitcoin using AUD or USD.ĭon't know how? A simple guide to buying Bitcoin in Australia.Ĭustomers can rapidly deposit up to $50,000 worth of AUD using a bank transfer, OSKO, POLi payment, and PayID through an Australian bank. In a short period of time, Swyftx has grown exponentially with over 630,000 users which we strongly believe is a direct result of its simple and transparent platform to invest in cryptocurrencies using AUD, USD, and BTC. Swyftx is an AUSTRAC-registered Australian cryptocurrency trading platform that is registered with the financially regulated ASIC. The fees are not ideal for professional traders.Does not offer staking, margin trading, derivatives, or futures markets.Can take a while for users to get used to.Excellent trading experience and mobile app.Supports earning interest on crypto and investing with Super Funds.Coinbase Australia - Best for debit card purchases.eToro - Suitable platform for copy-trading.Coinspot - Best crypto exchange for security.ByBit - Best choice for margin trading crypto.Binance - Best crypto platform for trading.Swyftx - Overall best crypto platform for beginners.These are our final picks for the best cryptocurrency exchanges in Australia. To help, we have compared a wide selection of platforms for various categories that will suit Australian investors. With more than 400 crypto exchanges to select in Australia, choosing the best one can be a challenging task. Best Cryptocurrency Exchanges Australia Crypto Exchanges In Australia Compared Best Crypto Exchanges In Australia Reviewed How To Choose A Cryptocurrency Exchange Pros and Cons of Using a Crypto Exchange Frequently Asked Questions How We Picked These Exchanges
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