Even the best exchanges sometimes stop accepting new user registrations or have downtime for maintenance. If you want to keep trading, it's a good idea to have more than one exchange up your sleeve.
Binance has the following features:
- Allows cryptocurrency purchases with AUD
- It is one of the largest cryptocurrency exchanges by market trading volume.
- It offers a robust set of trading and charting tools.
- It has a wide range of cryptocurrency offerings.
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.
Alternatives to Binance
If you want to buy cryptocurrency with AUD, the following exchanges may be alternatives to Binance.
Australia has several well-known cryptocurrency exchanges that allow purchases of a wide range of cryptocurrencies with AUD, such as CoinSpot and Swyftx.
Although these do not offer peer to peer trading to the same extent as Binance, they are simple and straightforward to use.
- Local exchanges headquartered in Australia
- Allow users to buy directly in AUD
- Low and no fee deposits and withdrawals
- User-friendly interfaces
- Wide selection of cryptocurrencies
- Compliant with AML/CTF laws
- Lacks advanced trading features
- Rates may vary, so it's important to check before you trade to see how much you're paying
Binance probably offers lower trading fees and smaller fees than CoinSpot and Swyftx, but these exchanges could be a good stand-in if you're looking for a simpler alternative or in the event of an exchange outage.
Get more details on CoinSpot and Swyftx.
If none of the above has what you’re looking for, you might want to get a wider look at a list of available cryptocurrency exchanges.
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.