Best Crypto Exchanges in Australia • Benzinga Crypto – Benzinga


Cryptocurrency is taking the world by storm. Participation in the altcoin market has gained considerable traction. And as new exchanges compete to take advantage of the growing ferver, the options available to investors Down Under have grown dramatically.

Whether you’re basking on the shores of the Coral Coast or exploring the rugged Outback, if you want to buy crypto, you’ll need to find a reputable trading platform. This article compares the best exchanges available in Australia. 

Best Crypto Exchanges in Australia

The diverse trading platforms available to Australian consumers match the demand of the country’s residents. And while the sheer number of crypto providers can sometimes intimidate new traders, the competition among these exchanges often translates into better deals for customers.

When choosing an exchange, it pays to consider the specific feature set a platform has to offer. From state-of-the-art security to advanced trading tools, the unique attributes of a cryptocurrency exchange help define its overall user experience.

But with an expanding list of providers coming available, researching the details of each exchange can be a time-consuming process. After carefully considering the unique characteristics of the most reputable exchanges available in Australia, the top 5 trading platforms are listed here, alongside the most notable attributes of each:

1. Best security: Coinbase

With industry-leading security, Coinbase takes the protection of your assets incredibly seriously. Coinbase offers best-in-class offline storage and insures all crypto assets held by the exchange. And with Coinbase Learn, you can now earn up to $100 of BItcoin by watching educational videos related to cryptocurrency.

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Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs. 

You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

Best For
  • New cryptocurrency traders
  • Cryptocurrency traders interested in major pairs
  • Cryptocurrency traders interested in a simple platform
Pros
  • Simple platform is easy to operate
  • Comprehensive mobile app mirrors desktop functionality
  • Coinbase Earn feature rewards you with crypto for learning about available coins
Cons
  • Higher fees than competitors

2. Best fee structure: Binance

Binance is the world’s largest crypto trading platform. And with a fantastic selection of top altcoins, Binance has become a popular exchange in Australia, too. Binance allows deposits and withdrawals of AUD on the exchange. And best of all, you can do so without fees.