7 Best Crypto Exchanges in Australia

Crypto.com has become one of my favorite exchanges since testing it in late 2025. It’s a complete crypto ecosystem with dedicated platforms for beginners and professional traders. This makes it a great option regardless of your experience level. Newbies get a beginner-friendly platform to buy crypto, while traders get a professional-grade platform with advanced tools and features. It’s a no-brainer as my top pick if you’re looking for a safe and regulated exchange to buy, trade, or stake crypto.

• It’s a real all-in-one platform that lets you buy, trade, stake, and even spend crypto IRL. It’s great if you’re a beginner who wants to buy crypto for the first time, or if you’re a professional trader looking to trade liquid markets with advanced tools. Crypto.com’s famous Visa card also lets you spend your crypto in reality, along with benefits like airport lounge access and subscription discounts.
• Depositing AUD is simple, with Crypto.com offering a range of payment methods. You can make zero-fee deposits using NPP or PayID into your AUD cash account, alongside providers like Monoova and Zai. You can also use a bank card or Apple/Google Pay to make instant crypto purchases using their buy crypto feature.
• Crypto.com is registered with both AUSTRAC and ASIC, so it is fully licensed as both a Digital Currency Exchange and Financial Services Provider in Australia. It also offers strong security features and a $750m insurance policy covering your coins. This makes Crypto.com great if you prioritize regulatory compliance, trust, and transparency.

After testing Paybis in late 2025, it has become my top recommendation if you’re looking for a platform to instantly buy crypto using a range of payment methods. Paybis specializes in letting you buy crypto with fiat money, and it’s a popular platform worldwide for supporting a variety of payment methods and currencies. It doesn’t offer any advanced trading features like spot or futures trading, which makes it great for beginners who just want to buy crypto without having to navigate a complex interface.

• Paybis offers instant crypto purchases using AUD via bank card, Apple/Google Pay, or Revolut Pay. This is great if you want to quickly buy the dip and don’t want to wait around for fiat deposits to process via bank transfer. Revolut Pay is also a payment method that I don’t see on many platforms, but is one that I find extremely convenient and easy to use.
• The beginner-friendly interface makes buying crypto easy, even if you’ve never done it before. When I tested the platform, it guided me through the process step by step, without having to deal with any complex order forms or price charts. You also get a useful news feed and market sentiment indicator to easily understand how the market feels about crypto at any given moment.
• Fully transparent fees and a pre-purchase calculator show you exactly how much AUD you’re paying and exactly how much crypto you’ll receive. The platform lists how much they’re charging you with no hidden fees, so you can be sure that what you see is what you get.

Pepperstone Crypto is one of the newest exchanges to hit the market. I tested the Australian-based platform in early 2026 and found it was great if you’re an Australian resident looking to deposit AUD and trade major coins like BTC, ETH, SOL, and more. It offers an intuitive platform that makes trading crypto easy and accessible to everyone, even if you have little to no prior experience. Having free unlimited deposits and withdrawals makes it a no-brainer if you’re someone who regularly makes AUD transfers.

• Instant AUD deposits with zero fees make it ideal if you want to easily make large AUD deposits without having to pay hefty deposit fees or wait ages for the transaction to process. The exchange supports OSKO transfers, which make it quick and secure to make AUD transfers with no deposit limits or fees.
• Unlimited daily AUD withdrawals with zero fees make Pepperstone one of the only platforms I’ve tested that don’t impose a daily withdrawal limit. There is a $10,000 AUD limit per transaction, yet the platform doesn’t limit the number of transactions you can make per day. This makes it perfect if you’re looking to cash out large amounts of crypto without hitting a withdrawal wall.
• Its highly competitive trading fees make it one of the cheapest licensed exchanges to trade with in Australia. It charges a flat 0.1% fee regardless of whether you use maker or taker orders to place spot trades. The convert feature also offers competitive fees with full transparency, so you always know exactly how much you’re paying to swap between coins.

Bybit has been my favorite futures trading platform for over 5 years. It offers a great mix of advanced trading features, high leverage, and a range of markets, which has given it a strong following among derivatives traders. It also offers top-tier security and full transparency, with the only downside being a lack of licensing in Australia, but this is what allows it to offer derivatives trading to all users. I’d say Bybit is a great choice if you’re a serious trader looking for a reputable, top-tier platform that is legal to use in Australia, albeit without AUSTRAC licensing. Built for pros, it provides low-latency execution and institutional-grade API access.

• Bybit’s advanced trading platform is industry-leading with a range of advanced features like TradingView charting, advanced order types, and AI trading tools, which make it great for trading a wide range of strategies. It also offers deep liquidity and low-latency execution, which is great for API trading high-frequency strategies with high leverage.
• A wide range of derivatives markets makes Bybit ideal for advanced traders. You can choose between options and over 620 perpetual futures markets with up to 100x leverage. Bybit even offers TradeFi markets that give you access to trade forex, U.S. stocks, indices, and commodities using your crypto balance. If you want the ultimate flexibility to choose between trading a range of instruments and markets, Bybit is the best platform for you.
• Security and transparency are one area Bybit has not compromised on. Despite not being AUSTRAC licensed, it still complies with the toughest financial regulations, including the strict MiCA regulations in Europe. It gives you a range of security features like 2FA, biometric passkeys, and withdrawal whitelists to help secure your account, along with fully transparent Proof of Reserves, so you know the exchange is able to back user deposits.

Kraken is one of the first exchanges I started buying crypto on, and it’s always my top pick if you just want a secure platform to DCA, or buy and stake coins for passive income. It has a great system that makes buying crypto and setting up recurring orders easy, with a dedicated app for beginners. It offers a combination of security, regulatory compliance, and user-friendliness that is hard to beat, and makes Kraken perfect if you’re a beginner looking to easily and safely buy crypto. 

• Easy to configure recurring orders with pre-built bundles makes DCA investing a breeze. You can set up the recurring buys to charge your bank card automatically, so you don’t have to lift a finger after setting it up. Kraken’s pre-built bundles let you automatically invest in a diversified collection of assets without having to create separate orders for each coin, which is great for first-time investors.
• Kraken supports a wide range of AUD deposit and payment methods. This means you can buy crypto directly from your bank card, Apple/Google Pay, or even PayPal. Alternatively, you can make manual deposits via bank transfer/OSKO, PayID, or RTGS. This gives you flexibility to choose free deposits via OSKO/PayID or instant settlement using a bank card or Apple Pay.
• AUSTRAC/ASIC licensing alongside industry-leading security makes Kraken one of the safest exchanges to trust with your coins. It’s fully licensed in Australia with both AUSTRAC and ASIC, while its advanced security measures help minimize the risk of hackers getting into your account. Its full Proof of Reserves and flawless track record with no loss of users’ funds gives you that extra peace of mind and makes Kraken easy to recommend to all users.

OKX is a top-tier exchange with a loyal following of experienced users thanks to its advanced trading and staking features. It’s great if you’re looking to buy and stake crypto, as it offers a wide range of advanced staking options, making it geared to more experienced traders. When I tested the exchange, I found the interface fairly intuitive, so even if you’re not a pro, you’ll understand the platform with a small learning curve.

• OKX’s range of fixed and flexible staking plans lets you choose between locking your tokens for higher APYs or using flexible plans to maintain liquidity, but with lower APYs. You can start staking with as little as $1 of crypto, so it’s more accessible than many other platforms, and more available than staking directly on the blockchain network.
• Liquid staking and DeFi aggregator let you stay liquid whilst earning passive income on your holdings. This is particularly useful for ETH stakers as the exchange will issue BETH when you stake. If you’re used to DeFi protocols, OKX Wallet lets you access DeFi Earn, which lets you earn, borrow, and stake tokens without having to withdraw coins from OKX.
• Full transparency alongside AUSTRAC and ASIC licensing shows OKX’s commitment to security. The exchange publishes detailed Responsibility Reports that cover its Proof of Reserves, licensing, and risk management practices, which is something you don’t see from many exchanges.

MEXC is almost always my go-to recommendation if you prioritize fees above everything else. It is by far the most cost-effective top-tier exchange, but it also happens to have one of the widest coin selections in the industry, with over 1,900 available cryptos. Its low fees combined with its broad coin selection and high leverage have made it a favorite among futures traders and API traders, where small differences in fees can make a big impact. 

• Zero trading fees on over 700 trading pairs make it essentially free to trade futures markets like SOL and HYPE, or buy spot positions in U.S. stocks like NVDA and AMZN. You pay no trading fees regardless of whether you use limit or market orders. This covers spot and futures on crypto coins as well as TradeFi markets like Oil, Silver, and Gold.
• Zero maker fees on all spot and futures markets means you can trade almost any coin on the platform with zero fees, as long as you use limit orders. Its taker fees are still competitive, starting from 0.05% for spot and 0.01% for futures, with equally competitive funding fees.
• Having over 1,900 spot coins and 820+ futures markets means MEXC offers one of the widest selections of markets in the industry. You’ll never struggle to find a market to trade with MEXC. The platform caters to large-cap traders and niche altcoin enthusiasts alike. You can also trade forex, U.S. stocks, indices, and commodities using your crypto balance, which is something we don’t see on many leading exchanges.