Best exchanges for day trading crypto 2026

• Best overall: Kraken Pro
• Best for advanced day trading: Binance Australia
• Best for copy trading: eToro Crypto
• Best day trading app: Bybit
• Best for day trading altcoins: Coinstash
• Best for on-chain day trading: OKX
• Best for regulatory compliance: Coinbase Australia
• Best for low fees: Pepperstone Crypto
• Best for advanced traders: KuCoin

Best overall

Kraken Pro Finder Award

Bank transfer, Credit card, Cryptocurrency, Debit card

10

577

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Why we like it Karen offers almost everything you'd want from a crypto trading platform, including competitive fees, extensive spot markets and advanced trading and charting features. With over 280 USD-denominated trading pairs, Kraken is also widely regarded as one of the best exchanges for trading crypto with USD. It is consistently ranked in the top 10 exchanges for trade volume worldwide, with daily trading volume often exceeding US$500 million even during bear markets when activity is quiet. I like the depth of Kraken's markets which are known for their deep liquidity. This is likely thanks to its loyal user base, which has been built up over its 10+ year history – another reason I've always felt comfortable trading here. Trading fees work on a volume system, meaning users trading in high volumes are rewarded with fee discounts, which go as low as zero for maker orders and 0.1% for taker orders. Pros & cons Pros Low fees if trading in high volume. Well established and good reputation for security. High trade limit. Cons Futures trading only available to wholesale investors in Australia. Hourly perp funding rate can be riskier if not managed closely.

Best for advanced day trading

Binance Australia

Bank transfer, Credit card, Cryptocurrency, Debit card, PayID

98

447

Bonus offer: Sign up and get up to USD$600 welcome bonus when you fulfill new user tasks on Binance. T&Cs apply.

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Why we like it With low spot market fees, a feature-rich trading platform and a vast selection of cryptocurrencies and trading pairs, Binance is a strong contender for advanced traders. There are more than 1,300 trading pairs, with new assets added frequently. There are also trading bots with preset strategies for grid trading, rebalancing, dollar-cost averaging and TWAP. You can customise your trading interface with multiple charts, indicators and data feeds. Better yet, there is a desktop app available for Windows and Mac which offers greater customisation and immersion. I found it incredibly smooth – much nicer than using a regular web browser window. You use BNB to pay for trading fees, which results in a 25% discount on spot trades. Pros & cons Pros Insurance fund. Binance has been operating an emergency insurance fund since 2018. The fund includes cryptocurrencies and so its value changes inline with the market. In 2022 Binance topped up the fund to a value of US$1 billion. Complies with the Australian Transaction Reports and Analysis Centre regulations in Australia. AUSTRAC is the peak body for regulating cryptocurrency exchanges in Australia which requires Binance Australia to comply with laws and regulations that are intended to provide certain protections for users. Over 440 cryptocurrencies supported. Binance Australia supports 440+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges. Supports a range of payment methods. Binance Australia supports several popular payment methods including AUD deposits via Credit card, Debit card and PayID. Customer support available via live chat. Binance Australia is contactable through live text chat customer support. Cons Overwhelming UI. Binance's great strength is its enormous range of features, although this can be overwhelming for new users. The Binance App offers a Lite mode which simplifies the user experience and can be a good starting point for beginners.

Best for copy trading

eToro Crypto

Bank transfer, Credit card, Cryptocurrency, Debit card

27

180

$150 Reward Finder Rewards: Join Finder then sign up as a new eToro customer through Finder, deposit at least $300 and complete a trade within 60 days of account opening to receive a $150 digital Visa gift card. Ends 31 Dec 2026. T&Cs apply. Bonus offer: Get 5% in stocks on monthly transfers up to $1,000. Offer ends 31 Dec 2026. T&Cs apply.

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Why we like it eToro pioneered the concept of copy trading back in 2010. Since then, the platform has expanded to include various social features, with a Facebook-style newsfeed that lets you engage directly with other traders. eToro's copy trading feature allows you to view and mirror trades made by experienced investors. Getting started is easy – simply choose a trader you want to copy and then set your account to follow their trading set-ups. With a minimum of US$200, you can automatically repeat trades from some of eToro's top-performing crypto traders. There is no additional fee charged for this service. Pros & cons Pros Copy Trading. eToro is the pioneer of Copy Trading which allows you to follow the trades of certified investors. Licensed. in Australia eToro hold and AFSL and is registered with AUSTRAC as a Digital Currency Exchange (DCE). Easy to navigate. eToro has a very simple interface and is easy to get a hold of. Customer service. eToro's customer service is highly rated on TrustPilot. Cons Forex risk. Australians will first need change their AUD into USD to trade on the platform. Asset coverage. eToro has fewer digital assets than dedicated cryptocurrency exchanges. Crypto withdrawals. To withdraw crypto, you first need to send it to an eToro Money crypto wallet before you can send it to another wallet.

Best day trading app

Bybit

Credit card, Cryptocurrency, Debit card

0

515

Disclaimer: Highly volatile investment product. Your capital is at risk.

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Why we like it Bybit is a cryptocurrency exchange founded in 2018 and headquartered in Singapore. It's best known for its expansive range of features, in-depth trading experience and a best-in-class mobile app for trading crypto on the go. The Bybit app features a user-friendly interface that makes navigating and placing trades simple. It includes advanced trading tools such as real-time charts, order book depth and price alerts to help you make informed decisions and stay updated with market trends. Pros & cons Pros Over 510 cryptocurrencies supported. Bybit supports 510+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges. Supports a range of payment methods. Bybit supports several popular payment methods including AUD deposits via Moonpay, P2P, Banxa, Mercuryo. Lower fees than many competitor exchanges. Bybit offers spot market fees starting at only 0.03—0.10% for makers and 0.045—0.10% for takers which are some of the lowest in the industry. Cons Unsuitable for beginners. Offers derivative products that are unsuitable for beginners to use. Leveraged trading is high risk and may result in losses that exceed deposits. Limited trading pairs. Fewer spot trading pairs than some competitor exchanges. Lacks the Australian Transaction Reports and Analysis Centre regulatory compliance in Australia. According to our research Bybit is not registered with AUSTRAC in Australia. Platforms registered with the Australian Transaction Reports and Analysis Centre must comply with local laws and regulations which are designed to protect users. AUD deposits and withdrawals are not supported. Bybit does not support AUD trading accounts.

Best for day trading altcoins

Coinstash

Bank transfer, Cryptocurrency

1

1121

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Why we like it Coinstash offers a more extensive range of cryptos than any other Australia-based exchange. Cryptos are available for purchase via the platform's DeFi Connector, which allows traders to buy and sell popular high-cap cryptos and lesser-known altcoins. This gives you access to trending altcoins before they're available on most other major exchanges. It's like having access to a decentralised exchange (DEX) but with the benefits of a centralised exchange. One downside is that you can't set limit orders for tokens that are available via DeFi Connector. Another is that fees are a bit higher than global exchanges like Binance, KuCoin or Kraken. Coinstash's DeFi Connector works by using decentralised finance aggregators to source cryptos with the lowest prices and gas fees available at the time of purchase. It's integrated with 6 blockchains including Ethereum, BNB Chain, Avalanche and Polygon. Pros & cons Pros Complies with the Australian Transaction Reports and Analysis Centre regulations in Australia. AUSTRAC is the peak body for regulating cryptocurrency exchanges in Australia which requires Coinstash to comply with laws and regulations that are intended to provide certain protections for users. Over 1120 cryptocurrencies supported. Coinstash supports 1120+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges. Deposit and withdraw AUD directly to your bank account in Australia. With Coinstash you can deposit cash from your Australian bank account and cash out back into the same account. Cons You can find lower trading fees elsewhere. DeFi Connector feature is not for beginners.

Best for on-chain day trading

OKX

Bank transfer, Credit card, Cryptocurrency, Debit card

1

342

Welcome offer: Get up to AUD$150 when you deposit and trade. T&Cs apply.

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Why we like it The OKX wallet simplifies trading on-chain and adds features that you otherwise wouldn't be able to access through a regular decentralised exchange (DEX). You can trade on 50+ different blockchains through a single interface, which supports limit orders. Limit orders are essential for day trading, and rarely found on decentralised exchanges. There is an in-built bridge function as well, meaning you can purchase an asset on one chain using funds from another (eg, swap funds from Ethereum to Arbitrum). Certain pairs support both swaps and limit orders in the same trade. Pros & cons Pros Straightforward exchange interface. The exchange feature on OKX is uncomplicated. Simply choose the fiat currency you want to make a purchase with and then select the crypto you want to buy. Educational resources. OKX features tutorials, trading ideas and analysis under its “Learn” tab. Over 340 cryptos available. Trade 340+ tokens on more than 170 pairs, including 70 AUD pairs, as well as NFTs and ordinals. AUD bank deposits and withdrawals. You can add and withdraw funds directly from your bank account with no fees. Cons Poor customer service reviews. On Trustpilot, more than half of OKX customer service reviews are 1 out of 5.

Best for regulatory compliance

Coinbase Australia

Bank transfer, Cryptocurrency, Debit card, PayPal

7

388

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Why we like it Launched in 2012, Coinbase is one of the longest-running and most reputable crypto exchanges. It has over 110 million verified users and is registered with regulators in major jurisdictions including Australia, the US, the UK, and Singapore. In Australia, it is registered with AUSTRAC as a Digital Currency Exchange and must comply with Anti-Money Laundering laws. In the US it is a public company listed on NASDAQ ($COIN) and subject to additional laws and regulations that many other crypto exchanges are not. For day trading, Coinbase has over 220 coins and tokens listed, including most major trading pairs. Pros & cons Pros Learn and earn. Coinbase Learn offers you the chance to expand your crypto knowledge and earn rewards for doing so. Great UX. Coinbase has one of the easiest-to-navigate user interfaces and offers a great trading experience on both its desktop and mobile platforms. Trading pairs and liquidity. Coinbase consistently ranks in the top 3 exchanges for global trading volume and offers deep liquidity across its 310+ available cryptos. Cons Professional trading features. Although Coinbase does offer both simple and advanced trading options, the advanced features are less comprehensive than some other exchanges. The indicators available are limited to only 7 basic choices and the trading intervals only encompass some trading ranges.

Best for low fees

Pepperstone Crypto

Bank transfer, Cryptocurrency, Osko

1

151

$150 Reward Finder Rewards: Join Finder then sign up as a new Pepperstone Crypto customer through Finder and make a first trade of at least $500 to receive a $150 digital Visa gift card. Ends 30 Nov 2026. T&Cs apply.

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Why we like it Pepperstone Crypto is a top choice for day trading in Australia thanks to its $0 spot fees and a very competitive 0.1% commission on all trades. This low-cost fee structure is specifically designed to support high-frequency strategies, ensuring that active traders can move in and out of positions without excessive overhead. The platform provides the essential precision required for day trading through advanced tools, including limit orders and stop-losses, while offering clear pricing and no hidden fees. Pepperstone Crypto is an AUSTRAC-registered entity based in Melbourne, and has security features like multi-verified transactions and ringfenced client funds. Pros & cons Pros $0 minimum deposit. You can open an account with no minimum deposit. Competitive fees. 0.1% for spot trades. They also charge zero fees for deposits or withdrawals (though third-party bank fees may apply). Tokenised stocks. You can trade tokenised stocks via a blockchain network. Cons Limited customer support. There's no phone support, only online chat.

Best for advanced traders

KuCoin

Bank transfer, Credit card, Cryptocurrency, Debit card, PayID

106

858

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Why we like it KuCoin boasts over 5.3 billion USDT in 24-hour trading volume, a market depth that lets Australian traders execute large orders with minimal slippage across diverse sectors. Day traders can take advantage of professional-grade tools, including integrated trading bots for automated algorithmic strategies and high-speed API services designed for frequency-based trading. KuCoin is also registered with AUSTRAC via Axis One Markets and has a financial services license through Echuca Trading, offering a level of local transparency and legal structure. Pros & cons Pros Advanced trading features. KuCoin offers advanced order types, trading tools and charts, as well as features like a trading bot. Cons Overwhelming UI. Because KuCoin offers a number of advanced trading features, its UI can feel cluttered and may be difficult to navigate for beginners.

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How we picked the best crypto platforms for day trading

To help you find the best day trading platform for crypto, we've combined Finder's awards research with additional checks that focused on features specific to day trading and expanded the list of exchanges we considered.

Keep in mind that these picks are suggestions and that the exchange that is best for you will depend on your individual needs. There are other products on the market not included in these picks.

• Methodology: How we chose the best exchanges for day trading cryptocurrency

  To evaluate our picks for best exchanges for day trading cryptocurrency, we compared over 25 exchanges on a range of criteria, including the following:

  • Liquidity and trade volume. How deep are market pairs and can users except low slippage with frequent trading?
  • Fees. What are the spot market maker-taker fees?
  • Order types. Does the platform have sufficient order types for efficient day trading?
  • Leverage. Is the platform licensed to offer leverage?
  • Derivatives. Is the platform licensed to offer derivatives to Australians?
  • App. What features does the smartphone app offer? Are these the same as the desktop exchange, and are they suitable for day trading?
  • Supported assets. Does the platform offer a good breadth of coins and tokens? Are these assets relevant to day traders?
  • Payment methods. What account funding options are available and what are the fees?
  • Platform features. What tools, charts and functionalities are available on the exchange?
  • Security. What measures are taken by the exchange to protect its customers' assets and prevent theft or loss?
  • On-chain access. Can you use the platform to trade on-chain? What features, markets or dApps can you access?
  • Regulator registration. Is the platform registered as a Digital Currency Exchange (DCE) with the Australian Transaction Reports and Analysis Centre (AUSTRAC) or overseen by the Australian Securities and Investments Commission (ASIC)? Is it registered with relevant regulators in other countries it operates?
  • Customer support. How do existing users rate the exchange's customer support? Does the exchange offer various methods of contact, such as email, instant chat, phone or social media?

Key factors to consider in crypto exchanges for day trading

• Low fees: As day trading involves making a large number of trades, it's important that the exchange has low maker and taker fees.
• Strong liquidity and volume: An exchange with strong liquidity ensures your orders will be executed with minimal slippage, which is essential for efficient day trading. Cryptocurrency trading volumes have increased by over 500% since September 2023¹, which is also helpful for day trading.
• Order types and automation: A good day trading platform will have automation tools such as a variety of order types, in-built trading bots or the ability to connect to external software using an API.
• Available cryptocurrencies: Whether the number of assets available is important will really come down to you and your individual strategy. Some people only want to trade major coins like BTC and ETH, while others like to focus on small-cap tokens with a lot of volatility.
• Leverage and margin: Trading with leverage may be essential to certain trading day trading strategies. However, none of the major crypto exchanges based in Australia are able to offer margin to Australian users due to legal restrictions. So you may have to adjust your strategy accordingly if you want to trade on an exchange registered in Australia with AUSTRAC as a Digital Currency Exchange.
• Charting tools. Most day traders are going to want an exchange that has in-built charting tools similar to TradingView, a view of the order book and depth as well as up-to-the-second buy and sell history.
• Security and reputation: A good reputation with a solid track record for security is essential, as you will need to be able to trust leaving your funds on exchange for extended periods of time.
• Regulation: You should strongly consider using an exchange that is registered with a regulator like AUSTRAC and subject to local laws and regulations.

What trading fees do crypto exchanges charge in Australia?

As a day trader, spot fees will be one of the most important factors to consider when looking for an exchange.

The following table compares the standard maker-taker fees before any discounts are applied (such as those for high-volume trading).

This table includes the exchanges we reviewed above, plus some others that didn't make our list.

Binance, KuCoin, ByBit, Bitget and CoinJar and CoinSpot currently have the lowest regular trading fees in Australia at 0.10% for both maker and taker.

However, it's worth noting that the lowest trading fees will not necessarily be offered on every cryptocurrency you want to trade.

For example, BTC Markets technically has the lowest maker fee (-0.05%), but this is only offered on BTC trading pairs.

While CoinSpot does offer 0.10% on a number of spot markets, it doesn't offer spot markets for most of the coins it lists on its platform.

Instead, you'll be charged a 1% fee (plus spread) when buying these coins via CoinSpot.

These fees were last updated on 9 October 2026.

Our expert says: The importance of trading fees

"If you're planning on day-trading crypto, high trading fees could eat into your potential profits, so it's importance you find a platform with low maker and taker fees and even tiered fees if you're planning on trading a lot."

Thomas Stelzer

Journalist

What are the risk of day trading on a crypto exchange?

• Lack of consumer protection. While crypto exchanges are increasingly regulated in Australia and may be registered with AUSTRAC, they are still lacking a lot of consumer protections such as mandatory insurance or strict rules about how user assets are managed.
• Regulatory uncertainty: Crypto exchanges operate under the risk of regulatory intervention or restrictions on their operations. Such developments could affect trading conditions, liquidity, and even the availability of the platform itself, should it be fined by a local government.
• Overwhelming for beginners: While some exchanges offer advanced trading tools, complex order types, and a plethora of charting options, these can be overwhelming for beginners or less tech-savvy traders. You should spend time learning before you start trading and consider using a demo mode before risking real funds.
• Liquidity risk: There may not be enough buyers or sellers at a given time to execute your trade. This can prevent you from selling your coins when you want, or force you to sell them at a discounted price, both of which can negatively impact your profitability.
• Access to leverage. Leverage is important for many day traders, however, it is not suitable for beginners. Consider using a demo account and spending time studying day trading before committing real funds.
• Frozen accounts. Crypto exchanges freezing deposits and withdrawals can happen without warning. If your account is frozen, you will not be allowed to remove your funds until the exchange approves or denies your request. Precautionary measures such as only holding a trading balance on an exchange are recommended.
• Cybersecurity breaches. Hacks and scams are, unfortunately, commonplace in the crypto space. Exchange-related security breaches and targeted phishing scams remain a major concern for exchanges and their customers.
• Not your keys. "Not your keys, not your crypto" is a common industry saying and refers to holding your digital assets in a wallet that another person or company controls, such as on an exchange. By storing cryptos on an exchange rather than in a non-custodial wallet, you're relinquishing full ownership of those assets and putting trust in a third party – which some may see as contradictory to the decentralised philosophy of crypto.

Frequently asked questions

• What exchange is best for day trading crypto?

  Binance is our pick for advanced day trading, while Kraken Pro is our best overall exchange for day trading based on Finder's analysis.

  But keep in mind that the best exchange for day trading crypto depends on a variety of factors, including your experience, trading goals, and specific needs.

  A good crypto exchange for day trading should have a good reputation and track record with security, a user-friendly interface, high liquidity, a wide range of cryptocurrencies to trade, and low transaction fees.

  It should also provide advanced trading features such as stop loss, limit orders, and charting.

  Also, consider its customer support rating on platforms like Trustpilot.

  While you can use a cryptocurrency exchange located anywhere in the world, consider one based locally and registered with a government regulator like AUSTRAC.

• What is the cheapest platform for day trading crypto?

  Binance, KuCoin, ByBit, Bitget and CoinJar currently have the lowest trading fees in Australia at 0.10%, based on our research at the time of writing.

  However, keep in mind that other fees may apply.

  You also need to consider any deposit fees or withdrawal fees. These are typically highest on exchanges that only accept AUD deposits via credit or debit card, so look for one that accepts deposits via bank transfer or PayID.

  Your trading costs will also depend on trade volume, market volatility, the specific cryptocurrency being traded, and the type of trading strategy employed.

  Additionally, different platforms have varying fee structures which may reduce your fees. It's crucial for traders to thoroughly research and compare the fee structures of different platforms to determine which is the most cost-effective for their specific trading needs and strategies.

• Is crypto good for day trading?

  Cryptocurrencies are popular with day traders because of the high volatility and dramatic price movements that are common in the crypto markets. However, while higher volatility can represent more opportunities for profits, it also makes trading much riskier than in other less volatile markets.

• Is day trading profitable?

  While a small minority of traders may make money from day trading crypto, the vast majority are likely to lose money, especially over the long-term. It's believed around 95% of crypto day traders actually lose money.¹¹

• Can you make $100 a day trading crypto?

  Yes, it is possible to make $100 a day trading crypto.

  However, it's important to note that achieving consistent profits in crypto trading requires a deep understanding of market trends, technical analysis, and a well-thought-out trading strategy.

  The volatility of the cryptocurrency market can lead to significant profits, but it also comes with high risks and the risk of significant losses.

  Therefore, while it's possible to make $100 or more per day, it's equally possible to lose that amount or more.

  It is always recommended to only invest what you can afford to lose and to thoroughly research before getting involved in crypto trading.

Written by

James Edwards

Journalist

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James Edwards is a seasoned cryptocurrency expert and content creator with over a decade of experience in blockchain, DeFi and Web3. An early adopter of Bitcoin, he has contributed to major outlets like Nasdaq, CoinDesk, and The Street, and has reported at leading industry events such as TechCrunch Disrupt and CoinDesk Consensus. James has produced over 200 YouTube videos, including interviews with influential figures like Changpeng Zhao (CZ) and Tim Draper, and holds a Bachelor of Liberal Arts & Sciences in Psychology from the University of Sydney, along with a Tier 1 Generic Knowledge certification in compliance with ASIC standards. James created cryptocurrency content at Finder as a video producer, writer and editor from 2018 to 2023. See full bio

Co-written by

Thomas Stelzer

Journalist

Tom Stelzer is a journalist with 6 years of experience covering personal finance, specialising in investment and cryptocurrency. With a Master of Media Arts and Production and a Bachelor of Communications in Journalism from the University of Technology Sydney, Tom provides expert analysis on digital assets and market trends, helping readers navigate the fast-evolving world of finance. See full bio