Winner: BinanceBinance is an Australian market leader, with an affordable all-in-one crypto platform that extends far beyond trading to a range of services across the Web3 ecosystem. |
 |
Finder makes money from featured partners, but editorial opinions are our own.
Finder Crypto Trading Platform Awards 2023
Recognising the best platforms for buying, trading and investing in crypto in Australia.
The Finder Crypto Trading Platform Awards program recognises the best platforms for investing in crypto in Australia for 2023.
Finder's cryptocurrency experts and data scientists crunched the numbers and scored crypto trading platforms on a comprehensive list of 61 criteria across 25 platforms.
The platform with the highest score in each category was named the winner, with the products that scored second- and third-highest each receiving a "Highly commended" award. Here are the winners for 2023.
Best crypto trading platform – overall
This award was given to the platform that had the highest average score across each of the 61 criteria.
Highly commended: CoinSpotCoinSpot makes crypto investing easy and affordable for Australians with 370+ coins available as well as local customer service. |
 |
Highly commended: KrakenKraken's maturity in the cryptosphere makes it a standout choice for Australians looking to build their portfolio, day trade or stake assets. |
 |
Best crypto trading platform – value
This award evaluates platforms based on their fees, with a focus on spot market and instant purchase fees. It also takes into account payment methods and the number of coins available to determine which platforms offer the most bang for buck.
Winner: CoinSpotCoinSpot takes care of Australian traders with a low fixed fee of 0.1% for spot trades and 1% for instant purchases – the lowest we've found in Australia. |
 |
Highly commended: BinanceBinance offers an incredible range of features on top of some of the lowest trading fees available in Australia. |
 |
Highly commended: CoinJarCoinJar keeps fees low and provides a simple interface for an easy and cost-effective trading experience. |
 |
Best crypto trading platform – beginners
This award recognises brands that provide a beginner-friendly user experience. It upweights factors such as customer service, value for money, and access to instant purchase features.
Winner: CoinSpotCoinSpot is dedicated to helping beginners find their feet in crypto with 24/7 customer support, low fees and a simplified buy and sell experience. |
 |
Highly commended: RevolutRevolut provides a smooth introduction to cryptocurrency for Australians with all the bells and whistles we've come to expect from the investing super app. |
 |
Highly commended: SwyftxSwyftx helps Australians take their first steps into crypto with a rich range of user-friendly features that don't cut corners. |
 |
Best crypto trading platform – instant purchases
This award highlights platforms that provide a comprehensive instant purchase experience with an emphasis on value for money.
Winner: CoinSpotCoinSpot has streamlined buying crypto instantly, allowing Australians to buy 370+ cryptocurrencies with PayID, credit or debit card with a competitive fee of 1%. |
 |
Highly commended: eToroeToro continues to simplify investing for Australians with instant purchase fees of 1% on dozens of cryptos. |
 |
Highly commended: SwyftxSwyftx offers instant access to over 320 cryptocurrencies using PayID, credit or debit card. |
 |
Best crypto trading platform – altcoins
This award focuses heavily on the number of coins and tokens available on the platform, in addition to liquidity and trading pairs.
Winner: CoinstashCoinstash stands out with its innovative DeFi Connector. It gives access to over 1,000 trending altcoins – easily the most of any Australian exchange. |
 |
Highly commended: CoinSpotCoinSpot offers 370+ coins and tokens, making it one of the best choices for altcoin trading range in Australia. |
 |
Highly commended: BinanceWith 340+ cryptocurrencies on offer, Binance continues to be a go-to destination for altcoin trading in Australia. |
 |
Best crypto trading platform – extra features
This award recognises crypto platforms that offer a diverse range of products beyond the standard trading experience, such as NFTs, earning rewards and debit cards.
Winner: BinanceBinance is committed to innovation and pushing the boundaries of what crypto platforms can offer; if there is such a thing as a crypto super app, this is it. |
 |
Highly commended: CoinbaseCoinbase recently launched in the Australian market and brings with it an impressive range of features including its well-known "learning rewards" program. |
 |
Highly commended: KrakenKraken's feature set previously focused on experienced traders, but newer additions such as earning and NFTs appeal to more users than ever before. |
 |
Best crypto trading platform – advanced trading
This award takes into account advanced trading features such as order types and charting tools as well as regulatory compliance, liquidity and fees.
Winner: BinanceBinance has an advanced spot market with deep liquidity and is one of the only exchanges licensed to provide derivatives to Australian wholesale clients. |
 |
Highly commended: KrakenKraken's Pro interface provides Australians with up to 5x leverage across 140+ trading pairs, with rich charting tools and advanced order types. |
 |
Highly commended: CoinbaseCoinbase has brought its "Advanced Trade" feature down under, giving traders easy access to one of the most liquid crypto markets in the world. |
 |
Awards criteria
Here's how our expert analysts assessed Australian crypto trading platforms to pick the 2023 winner.
Selection criteria
We conducted an extensive review of the cryptocurrency market in Australia in late 2022.
We attempted to include all of the platforms that are registered to operate in Australia, provided they met the requirements set by the Australian Transaction Reports and Analysis Centre (AUSTRAC) to serve Australian residents. We then refined this list by applying Finder's due diligence procedures.
The result was 25 cryptocurrency exchanges and brokers who were then measured across 61 individual criteria.
The award for "Best Crypto Trading Platform – Overall" was given to the product that had the highest overall score across all 61 criteria.
All other categories were assessed using different combinations of criteria and weightings which depended on the category. For instance, the Value award upweighted scores based on fee data, and omitted criteria relating to advanced trading products.
For more details on the specific weightings used in each category, read our full methodology.
2022 winners
2023 marks the second consecutive year of Finder's Crypto Trading Platform Awards.
The 2023 program builds on our previous analysis, taking into consideration even more data points and evaluating a larger number of platforms.
Take a look at the 2022 Finder Crypto Exchange Award winners.
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.
More guides on Finder
-
The Bitcoin halving is here!
The fourth Bitcoin halving is here - what to expect next from Bitcoin.
-
Can travel insurance cover conflicts abroad?
What you need to know about travel insurance and acts of war.
-
Economic snapshot: 4 things to watch this month
Get up to speed with the latest economic update, offering insights into Australia's financial landscape.
-
How to invest in the Sun Silver IPO
Everything we know about the Sun Silver IPO, plus information on how to buy in.
-
Flat sharing when flat broke: 2.5 million Aussies move in with family or friends in past year
Shared housing is quickly becoming the answer to the skyrocketing cost of living, according to new research by Finder.
-
How high can Bitcoin actually go?
If the next Bitcoin bull run is about to start, what price can we realistically expect Bitcoin to reach?
-
Save up to $139 in a year with a 0% BT card | Dollar Saver tip #78
Save up to $139 a year by using a 0% balance transfer credit card.
-
Dollar Saver tips index
Find all the weekly tips from our Dollar Saver newsletter and see how you could save.
-
Woolworths Qantas iPhone deal: Get 20,000 Qantas Points
This supermarket gift card hack can earn you points while you buy a new phone.
-
NAB Rewards Platinum Card – Velocity Points
The NAB Rewards Platinum offers up to 80,000 bonus NAB Rewards Points, a reduced first-year annual fee and other perks.