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Best cryptocurrency exchanges

Find the best cryptocurrency exchange for beginners, low fees and more.

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You can use a cryptocurrency exchange to buy, sell and trade cryptocurrencies such as Bitcoin (BTC) and Ether (ETH). We've compared some popular exchanges by different categories to make it easier to find the best for you.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

In this guide:

Compare 70+ cryptocurrency exchanges you can use in Australia

Name Product Deposit methods Fiat Currencies Supported Cryptocurrencies
BPAY
Cash
Cryptocurrency
POLi
AUD
BTC, BCH, ETH, XRP, ADA, XEM, LTC, XLM, TRX, DASH, NEO, XMR, EOS, QTUM, BTG, LSK, ETC, XVG, SKY, NAS, LINK, GO & over 100+ more
CoinSpot is an Australian-based marketplace that allows you to easily buy, sell or trade more than 100 cryptocurrencies.
Credit card
Debit card
Neteller
PayPal
Wire transfer
Yandex Money
China Union Pay
Giropay (Sofortüberweisung)
Skrill Limited UK
WebMoney
Wire
Local Online Banking
EUR, GBP, NZD, USD, AUD, CAD, CHF, NOK, ZAR, JPY, SEK, TRY, HUF, PLN
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, TRX, ZEC, BNB, XTZ
Disclaimer: Highly volatile investment product. Your capital is at risk. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Copy the trades of leading cryptocurrency investors on this unique social investment platform.
Bank transfer
Cryptocurrency
AUD, EUR
BTC, ETH, XRP, LTC, BCH, EOS
Use AUD and EUR to get cryptocurrency through an international exchange and app.
Bank transfer
Credit card
Debit card
Bank transfer (SEPA)
USD, GBP, AUD, EUR, INR, ARS, BRL, CAD, CNY. NZD, DKK, HKD, ILS, JPY, KES, CHF, MXN, NOK, PHP, PLN, SGD, SEK, AED
BTC, LTC, ETH, BCH, BAT, DASH, BTG, XRP, VOX
Buy, send and convert more than 35 currencies at the touch of a button.
Electronic Funds Transfer
Bank transfer (SEPA)
Wire transfer
USD, EUR, GBP, JPY, CAD
BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, DASH, XMR, USDT, ETC, QTUM, ZEC, REP, DOGE, GNO, MLN, ATOM, XTZ
Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.

UK residents: In addition to normal crypto trading, Kraken offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
Bank transfer
POLi
AUD
BTC
A digital exchange based in Brisbane where users can pay in AUD to buy their BTC.
Cryptocurrency
-
BTC, XRP, USDT, ETH, NEB, XVG, TRX, NEBL, ETH, NEO, FUN, ETC, BCC, POE, DASH, ELF, & 80+ more
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: US-based users have been restricted from Binance since June 2019.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
Cash
Cryptocurrency
POLi
AUD
BTC
Buy bitcoin with cash or bank transfer without deposit fees through this Australia-based platform.
Blueshyft
BPAY
Cryptocurrency
PayID
AUD
BTC, ETH, LTC, XRP, ZEC
CoinJar offers a simple way to buy, sell or trade cryptocurrency with AUD. Enjoy free and instant deposits, flat 1% fees and free withdrawals to your bank account.
Bank transfer (ACH)
Cryptocurrency
POLi
AUD
BTC, BCH, LTC, ETH, XRP, EOS, XLM, ADA, XMR, DASH, IOTA, TRX, NEO, VET, WTC, POWR, OMG, NANO
Buy or sell 15+ cryptocurrencies with POLi, Electronic Funds Transfer or trade crypto-to-crypto on this Australian exchange.

Compare up to 4 providers

Name Product Payment Methods Supported Fiat Currencies Cryptocurrencies Minimum Deposit
Credit card, Debit card, Neteller, PayPal, Skrill, WebMoney, Yandex Money
USD
BTC, BCH, DASH, ETC, ETH, LTC, XRP, MIOTA, XLM, ADA, NEO, EOS, LCC, BNB, ZCASH
USD$200-$500
Disclaimer: Highly volatile investment product. Your capital is at risk. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Copy the trades of leading cryptocurrency investors on this unique social investment platform.
Credit card, Debit card, POLi, BPAY, Bank transfer
AUD, GBP, USD, JPY, EUR, CAD, CHF
BTC, ETH, XRP
None
Disclaimer: Highly volatile investment product. Your capital is at risk.
A trading platform which offers cryptocurrency CFDs where traders speculate on the price movement of cryptocurrencies such as BTC, ETH and XRP.
Credit card, Debit card, Electronic Funds Transfer, Neteller, SOFORT, Skrill, iDeal, WeChatPay, Giropay, China Union Pay & more
USD
BTC, ETH, XRP
0.25 BTC, 1000 XRP, or 1 ETH
Disclaimer: Highly volatile investment product. Your capital is at risk.
This online trading platform based in Poland, Cyprus and Australia offers several deposit methods for international users.
Credit card, Debit card, BPAY, Electronic Funds Transfer
EUR, USD, AUD, JPY, GBP
BTC, ETH, LTC, XRP
None
Disclaimer: Highly volatile investment product. Your capital is at risk.
Go long or short on bitcoin and other popular cryptos without owning the asset.
Credit card, Debit card, BPAY, POLi, Neteller, PayPal, China UnionPay, Wire Transfer, Fasapay, Qiwi, Skrill, WebMoney
AUD, EUR, CAD, CHF, GBP, JPY, NZD, SGD, USD, HKD
BTC, BCH, ETH, LTC, DASH, XRP
USD$200
Disclaimer: Highly volatile investment product. Your capital is at risk.
As a forex and CFD trading platform based in Australia, Pepperstone gives local and international users access to trade cryptocurrency against USD.
Cryptocurrency
-
BTC, BCH, ADA, DASH, ETH, ETC, LTC, XMR, XRP, XLM, ZEC
Varies
Disclaimer: Highly volatile investment product. Your capital is at risk.
Trade cryptocurrency derivatives with high liquidity for bitcoin spot and futures, and up to 100% leverage on margin trading.

Compare up to 4 providers

HiveEx Logo

Enter your details below to receive a quote from a HiveEx.com trader as soon as possible.

HiveEx.com is an over-the-counter (OTC) cryptocurrency platform specialising in high-volume trades.

  • Trade between $50,000 and $100m for a fixed price
  • Tap into HiveEx.com’s global network of high liquidity trading partners
  • Access competitive rates compared to traditional exchange trading
  • Receive your coins in your wallet fast, with same day settlement options
  • As an AUSTRAC registered company, HiveEx.com is fully compliant with industry-standard AML and CTF obligations

Best exchanges for:

BeginnersAUD purchasesLow feesRange of altcoinsTrading

Beginner friendly: CoinSpot

CoinSpot is built for beginners, but it's also a popular bridge between AUD and cryptocurrency for people of all skill levels.

  • Offers fiat purchases of a wide range of cryptocurrencies, provides a wallet for customers, has full customer service, is known for its clean and simple interface.
  • It charges 1% for straightforward buying and selling, and lets you make AUD payments through bank transfer, BPAY or cash (via blueshyft).
  • An AUSTRAC-registered, regulated exchange.

AUD purchases: CoinJar

Whether it's cash, card or bank transfer, whether it's a large or small transfer, whether you want to make a deposit instantly or are happy to wait, CoinJar has a payment method for it.

  • An Australian exchange so there's no need to worry about international transaction fees.
  • You can make a BPAY or PayID payment straight from your bank account, or pay with cash via the blueshyft service at more than 1,200 convenience stores all around Australia.
  • CoinJar Swipe debit card which converts cryptocurrency into cash anywhere that accepts EFTPOS including ATMs with no fees on the crypto to AUD conversion.

Low fee: Binance

Binance is popular for a reason, but it's also a crypto-only exchange, meaning you'll need to buy some cryptocurrency with fiat, and then deposit that onto the exchange before you can start trading on Binance.

  • You'll simply pay a flat 0.1% trading fee at most.
  • It's possible to reduce this even further by taking advantage of the exchange's native cryptocurrency, Binance Coin (BNB), and simply paying your trading fees with BNB held in your exchange account.
  • There are different trading fee tiers, with lower fees for users who hold enough BNB coins and maintain certain monthly trading volumes.

Range of altcoins: Kucoin

You'll find a lot of selection on Kucoin, although the available liquidity for each will vary.

  • Offers hundreds of different coins against both BTC and ETH trading pairs.
  • Has a solid track record of being one of the first exchanges to list exciting new projects.
  • Has a history of listing coins before they appear on more mainstream exchanges.

Trading: eToro

Beyond this, eToro also offers non-crypto assets so you can trade various stocks and commodities on the same platform as your crypto.

  • Can be used by both beginner and advanced traders, and frequent and infrequent traders.
  • Offers margin trading, CFDs and advanced trade types.
  • Has limited API integration compared to some other exchanges, which may limit the use of trading bots, but makes up for it with copy trade features, which includes copy-trading bots.

Is it safe to store your cryptocurrency on an exchange?

Cryptocurrency is held in digital wallets. Some exchanges will give you your own wallet, which lets you hold cryptocurrency in your exchange account and then transfer it anywhere as desired, while others will require you to have your own wallet at the time of purchase.

However, using an exchange for long-term storage is not recommended. As the exchange controls the private key to your wallet, you don't have total control of your funds. And with exchanges regularly (and sometimes successfully) targeted by hackers, storing crypto on an exchange long-term is very risky.

Learn more about cryptocurrency wallets

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How to choose a cryptocurrency exchange

With hundreds of exchanges to choose from, how can you find the best cryptocurrency exchange for your needs? The most important thing to do is to research a wide range of platforms and compare the pros and cons of each option.

Consider the following factors when comparing crypto exchanges.

How to use a cryptocurrency exchange

Buying cryptocurrency with fiat currency

For the sake of our example, let's assume that you have AUD$500 that you want to use to buy Bitcoin.

  1. Compare cryptocurrency exchanges to find one that offers the right service for you.
  2. Register for an account on the platform, including providing any personal details and proof of ID required.
  3. Navigate your way to the "Buy" screen.
  4. Select Bitcoin as the cryptocurrency you want to buy.
  5. Select your payment currency, which in this case is AUD, and specify the amount you want to spend as $500.
  6. Select your payment method, such as a credit card payment or bank transfer.
  7. Enter your payment details, such as your account number and BSB if sending a bank transfer or your card number and CVV if paying by credit card.
  8. Review the full details of your transaction, including the fees that will apply and the amount of BTC you are purchasing.
  9. If you're happy to proceed, click "Buy BTC".
  10. Once the transaction has been processed, the BTC will be deposited into your exchange wallet. However, please note that some brokers will automatically send your purchased BTC to an external wallet address nominated by you.

Buying cryptocurrency with another digital currency

In this scenario, let's assume that you have 1 BTC that you want to exchange for ETH. Here's what you need to do if placing a trade on a centralised crypto exchange:

  1. Compare cryptocurrency trading platforms to find one that offers the right service for you.
  2. Register for an account on the platform, including providing any personal details and proof of ID required.
  3. Log into your account and find the BTC wallet address for your account.
  4. Use this address to transfer the 1 BTC you want to trade from an external wallet.
  5. Navigate to the "Exchange" or "Trading" page.
  6. Search for the currency pair you want to trade, which in this case is BTC/ETH.
  7. In the "Buy" field, choose the type of order you want to place, such as a market order or limit order.
  8. Enter the details of your transaction, such as the amount of BTC you want to spend. If placing a limit order, you'll need to specify your desired ETH price.
  9. Take a moment to review your transaction, including checking the exchange rate and fees that apply.
  10. Click on "Buy ETH".
  11. Once the transaction has been processed, the ETH you have purchased will be deposited into your exchange wallet.

However, if you're using a decentralised crypto exchange, the process is a little different. You'll typically be required to link your wallet to your account, but you'll then be able to trade directly from wallet to wallet, with no requirement to deposit any funds on the exchange.

Selling cryptocurrency and withdrawing your funds

If you want to sell cryptocurrency on an exchange – let's say Bitcoin for the purposes of this example – you'll need to follow these steps:

  1. Log into your account and find the BTC wallet address.
  2. Use this address to transfer the BTC you want to trade from an external wallet.
  3. Navigate to the "Exchange" or "Trading" page.
  4. Search for the currency pair you want to trade, for example BTC/AUD or BTC/ETH.
  5. In the "Sell" field, enter the details of your transaction. Depending on the platform you're using, you may be able to sell at market rate or potentially place a limit order.
  6. Take a moment to review your transaction, including checking the exchange rate and fees that apply.
  7. Click "Sell BTC".
  8. Once the transaction has been processed, the currency you have purchased will be deposited into your exchange wallet.

It's now time to withdraw those funds from your exchange account, but the exact process you'll need to follow depends on whether you've purchased crypto or fiat currency:

  • If you've purchased fiat currency, look for the "Withdraw AUD" option from your account dashboard. Select your desired payment method, for example bank transfer or PayPal transaction, and enter all the necessary account details so your payment can be processed.
  • If you've purchased another cryptocurrency, you'll need to first set up a secure wallet where you can store your coins. Copy the address of this wallet, log into your exchange account and select the currency you want to transfer. Remember to double-check that you're sending the funds to the correct wallet before submitting the transaction.

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How to pay for your cryptocurrency

You'll need to deposit funds on your cryptocurrency exchange. Exchanges accept all sorts of deposit methods, including the following:

  • Prepaid cards
  • Cryptocurrency transfers
  • PayID
  • Wire transfers

The payment types accepted will vary between exchanges though, so it's worth checking to ensure your preferred payment method is supported before signing up.

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The different types of cryptocurrency exchange

The term "exchange" can be used to refer to a variety of crypto trading platforms:

Brokers

  • Best for: Crypto novices, those looking for a quick and easy way to buy cryptocurrency
  • The downsides: Costs more than other options; may not offer as wide a selection of cryptocurrencies

Cryptocurrency brokers often offer the simplest and most convenient way to buy cryptocurrency. Buying Bitcoin or any altcoin from a broker is essentially like purchasing from a cryptocurrency shop – the broker buys digital coins or tokens at wholesale rates, adds their own margin on top and then sells the currency on to you.

Brokers offer a quick and straightforward entry into the world of cryptocurrency. Their platforms are designed to be easy to use and you can pay for your crypto purchase with your everyday fiat currency, often even by using a credit or debit card.

The main downside of using a broker is the cost, as you'll not only need to buy your crypto at a price above the market rate but also pay transaction fees.

Examples of some well-known cryptocurrency brokers include Coinbase and CoinSpot.

Trading platforms

  • Best for: Buying and selling a wide range of currencies; lower fees
  • The downsides: Intimidating for new users and it may not be possible to directly exchange the currencies you want

Cryptocurrency trading platforms are the most widely used platforms for buying and selling digital currency. They connect crypto buyers with crypto sellers and take a fee for facilitating each transaction. You can use these platforms to exchange cryptos at the current market rate or at a specified limit, while some sites also offer more advanced features like stop-loss orders.

Crypto trading platforms tend to provide access to a more diverse range of currencies than brokers, and often feature charting tools to help you plan your trades. These platforms also tend to offer lower fees and better exchange rates when compared with brokers.

However, it's not possible to directly exchange one crypto for any other digital currency you want – you're limited to the trading pairs supported by your chosen platform. Bitcoin and Ether are the most commonly traded currencies and feature in pairs alongside a wide range of altcoins. Crypto trading platforms can also be intimidating and confusing for new users.

Examples of some high volume cryptocurrency trading platforms include Binance and Huobi Australia.

Peer-to-peer exchanges

  • Best for: Anonymity, giving you more control over how you trade
  • The downsides: Prices usually higher than market rates; a certain level of risk involved

These platforms allow direct peer-to-peer trading between people all around the world. The exchange acts as the middleman, with the seller able to set their own price and accepted payment methods.

The main advantage of peer-to-peer exchanges is that they let you quickly and anonymously buy or sell coins with almost any kind of trade or payment method you want. The downside is that you'll often pay above market prices, and it can also be riskier than other options.

To help offset the risks, some platforms have built-in escrow features and reputation systems to identify reliable and legitimate buyers and sellers.

Examples of peer-to-peer exchanges include LocalBitcoins and Paxful.

Next steps

Not all crypto exchanges are created equal, and not all crypto buyers and sellers have the same trading needs. The best exchange for one person might not necessarily be the right choice for someone else, so it's essential that you do your own research.

Check out our reviews on a range of leading cryptocurrency exchanges in Australia and around the world. Compare the features, fees and pros and cons of each exchange and consider how they align with your trading requirements.

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Frequently asked questions

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

A-Z of cryptocurrency exchanges

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16 Responses

  1. Default Gravatar
    Wisebanc.comDecember 9, 2018

    I have for several years been informed by email that I have 10.2 Bitcoins. Recently I have also been informed that this balance is worth some $18,000 plus and that I can withdraw the money at any time. Is this likely to be true or is it a scam?

    • Avatarfinder Customer Care
      MayDecember 16, 2018Staff

      Hi Wisebanc.com

      Thanks for your inquiry and sorry for the delay.

      Well, we can’t really tell if that is true or a scam. Have you traded bitcoins before or do you have any deals with cryptocurrencies? That could be ads from the exchanges you’re with. However, if didn’t engage in any of the bitcoin trades, then you should have a second thought and start to investigate yourself. I’d suggest that you read this guide on common bitcoin scams and how you can avoid them which you might useful.

      Hope this helps.

      Cheers,
      May

  2. Default Gravatar
    EmilyDecember 2, 2018

    Now is a large selection of exchangers, but not all of them meet the requirements of users. For example, I used shapeshift earlier, but they made an account. I think you know what kind of hate this has caused among users. Then I used changelly, but they recently delay the execution of applications. This is inconvenient, because I need an exchange in a short time. Now I found changenow, in my opinion it meets the requirements of the crypto community, so I look forward to your review. Thanks!

    • Avatarfinder Customer Care
      JohnDecember 4, 2018Staff

      Hi Emily,

      Thank you for reaching out to finder.

      Let me go and forward your comment over to our publishers. Definitely, this is something that would be checked by the team. Please follow our pages and check for updates regarding this. Again, thanks for your comment.

      Cheers,
      Reggie

  3. Default Gravatar
    RickoNovember 15, 2018

    Agree with Almore. Changenow should rank on this list. Using it recently, I found a service that completely suits me. Hope I will see it here.

    • Avatarfinder Customer Care
      JohnNovember 15, 2018Staff

      Hi Ricko,

      Thank you for reaching out to finder.

      I have already forwarded your suggestion to our publishers for validation. Thank you for your interest in helping finder.
      Cheers,
      Reggie

  4. Default Gravatar
    AlmoreNovember 6, 2018

    Could you please add changenow to this list? I wanna to compare it with other services. They are writing about their best rates

    • Avatarfinder Customer Care
      JohnNovember 8, 2018Staff

      Hi Almore,

      Thank you for reaching out to finder.

      I will forward your request to our team who publishes these articles and this would be validated. Once we have enough information about this Crypto Exchange, we will have it published on our site. Hope this helps!

      Cheers,
      Reggie

  5. Default Gravatar
    MiboOctober 29, 2018

    Hello
    Here is a new cryptocurrency exchange(BITKER which founded in Singapore), we would like to link our information on your cryptocurrency plate. Also as the cooperation exchange condition, we would offer BITKER media resource, BITKER exchange has over 100K user and attention in China market. Now is continue to increase the overseas market. including but not limited to Southeast Asia, Middle East, Africa and North America.

    If you are interested for our cooperation.
    Please, Email me

    Thank you
    Mibo

    • Avatarfinder Customer Care
      JohnOctober 29, 2018Staff

      Hi Mibo,

      Thank you for your interest in finder.

      Please click on this link to be routed to our partner with us page. Once there, please fill in the form provided and once submitted. Our client services team will get in touch with you to discuss your proposal. Hope this helps!

      Cheers,
      Reggie

  6. Default Gravatar
    AndrewFebruary 13, 2018

    How come Huobi is not shown in your list of Exchanges?

    • Default Gravatar
      JoelFebruary 23, 2018

      Hi Andrew,

      Thanks for leaving a question on finder.

      Although we cover a wide range of products, providers and services we don’t cover every product, provider or service available in the market so there may be other options available to you. Thanks for bringing it up, I will forward your message to our team for review and consideration to list Huobi on the page. Our page gets updated every now and then so just continue to check.

      If you need anything else, please send us a message anytime.

      Cheers,
      Joel

  7. Default Gravatar
    LauraFebruary 2, 2018

    Is Luno a wallet? You can buy Bitcoin/ETH on that site. Then do I use one of the exchanges?

  8. Default Gravatar
    TONYJanuary 6, 2018

    I WANT TO NO HOW DO I PURCHASE RIPPLE AND WHERE I WANT TO BUY A COUPLE OF SHARES OF IT BUT FIDELITY DOESN’T HAVE IT AVAILABLE TO BUY RIGHT NOW SO HOW DO I BUY THE STOCK OF RIPPLE?

    • Avatarfinder Customer Care
      JoanneJanuary 6, 2018Staff

      Hi Tony,

      Thank you for visiting finder, we are a financial comparison website and general information service.
      You may visit this page to compare exchanges where you can buy Ripple. This guide goes through what Ripple is, how XRP works, where to buy and what to consider when investing.

      Cheers,
      Joanne

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