Top 10 crypto exchanges for Australia and Oceania — CONTINENTAL CRYPTO SERIES

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10 Jan 2024

Image by Gerd Altmann from Pixabay
There are more exchanges to pick from if you want to start trading due to cryptocurrencies’ increasing popularity in Australia. How do you choose which is best for your needs, even if you know which ones to believe? Learn more about the top 10 cryptocurrency exchanges in Australia and Oceania by reading on

CoinSpot

THE WHAT?

The biggest cryptocurrency exchange in Australia, CoinSpot, offers a wide selection of 360+ coins, is jam-packed with features, and has earned a lot of confidence since its establishment in 2013
CoinSpot complies with stringent KYC and AML criteria and is a recognized member of Blockchain Australia
It is also registered with ASIC and subject to AUSTRAC regulation
For those new to cryptocurrency, CoinSpot’s user interface is really straightforward
Both the computer and the mobile app make usage of the exchange simple and intuitive

2. Swyftx Exchange
THE WHAT?

With a wide selection of more than 320 coins and affordable combined fees and spreads, Swyftx is the second-best cryptocurrency exchange option in Australia
According to the findings of this comprehensive test, the average total fee and spread is only 1.11%
They have a platform that is simple to use, a wonderful demo mode to practice trading, minimal fees, staking, live chat support, and $20 FREE Bitcoin just for signing up here, making it an excellent option for beginners

3. Bybit Trading Platform
THE WHAT?

Due to its feature-rich platform, Bybit is Australia’s top cryptocurrency exchange
With a daily trading volume of more than $10 billion, this trustworthy cryptocurrency exchange is ideal for consumers who frequently trade large amounts of cryptocurrency
Users of Bybit may feel secure knowing that their funds are safe and that trades will be executed quickly because to the platform’s substantial liquidity, 99.99% system uptime, and 100,000 trades per second trade speed.

4. Digital Surge Exchange
THE WHAT?

Digital Surge, situated in Brisbane, supports more than 310 cryptocurrencies, confirms the majority of accounts within hours, and offers users additional security with a strict cold storage policy and two-factor authentication (2FA)
Its low spreads (between 0.2% and 0.4%) and fee structure, which is based on trading volume, make it one of the most affordable Australian cryptocurrency exchanges (aside from no-fee platforms like Capital)
To give consumers additional freedom while trading, Digital Surge also offers dollar cost averaging, stop loss, and stop-limit orders

5. eToro Australia Exchange
THE WHAT?

eToro is a well-known company with a user-friendly desktop platform and mobile app as well as some of the lowest costs in the market (and spreads)
If you want to trade with no risk, it offers new users a demo account funded with $100,000
If you want to invest in more than just cryptocurrencies, eToro also supports stocks, currency, commodities, and more in one location
One of the best features of eToro is CopyTrader, which enables any user to automatically and in real-time copy the transactions of other investors

6. Binance Exchange
THE WHAT?

If they consider trade volume, Binance is the biggest cryptocurrency exchange in the world
For people with prior cryptocurrency trading knowledge, Binance is a fantastic choice because it offers incredibly thorough graphs and cutting-edge tools that serious users will appreciate
Trade costs are extremely low, at just 0.1% for spot trading, and can be cut in half by utilizing Binance Coin to make payments
Since the majority of the top trading bots can seamlessly sync with this exchange, Binance also caters to consumers that like to trade using an automated method

7. Independent Reserve Exchange
THE WHAT?

The only exchange that offers optional protection on your cryptocurrency funds, up to a value of $5 million, is Independent Reserve, an Australian exchange with a solid track record
Because of this, the Independent Reserve platform is a great choice for institutional investors like SMSFs, family offices, and high-net-worth individuals
For people who want to trade huge sums of money worth $100,000 or more, they offer a useful OTC service, and costs are adjusted based on trading volume

8. Kraken Exchange
THE WHAT?

Since Kraken is a cryptocurrency exchange with its headquarters in the USA, you can trust that it is a trustworthy and reliable business
Unlike others that are headquartered in Asia or the Seychelles, it must adhere to stringent regulatory criteria in order to be based in the US
Kraken is incredibly user-friendly for newcomers while still offering a variety of features that are typically only seen on exchanges that are more difficult
Staking, futures trading, margin trading (with up to 5x leverage), and even currency trading are all available on Kraken, as examples

9. Easy Crypto Exchange
THE WHAT?

Anyone may buy, sell, and swap more than 160 cryptocurrencies with ease, including Bitcoin, Ethereum, Cardano, Solana, and many others
The vision that guides all they do at Easy Crypto is “Crypto for Humans.” By concentrating our efforts on a user-centered strategy, they want to streamline every part of the cryptocurrency experience and accelerate its adoption in order to facilitate global financial freedom and equity
Additionally, they provide their users with a selection of simple-to-use tools for managing their cryptocurrency investments, including Auto-Buy and Portfolio Tracker
For individuals who wish to share their Easy Crypto experience and profit from referrals, they also provide a referral program

10. CoinJar
THE WHAT?

One of Australia’s first cryptocurrency exchanges, CoinJar, was established in 2013
On spot trades, it charges a 1% commission; but, if you use its advanced platform, maker fees are just 0.1% and taker fees are 0%
Bundles, prepackaged collections of diversified crypto assets, are one of CoinJar’s best features since they simplify dollar cost averaging
The DeFi Bundle, Stablecoin Bundle, and Green (eco-friendly) Bundle are some of CoinJar’s most popular bundles

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DISCLOSURE:
None of these articles constitute financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.
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From the keyboard of an entrepreneur passionate about crypto, NFTs & the blockchain. I’m Mo & my ramblings here aim to educate the masses on adopting Web3 early