When it comes to investing in Bitcoin and other digital assets, choosing the right platform is crucial—especially for Australian users. With so many crypto exchanges available, identifying the best crypto exchange Australia can save you time, reduce fees, and enhance security. This guide breaks down the top five low-fee Bitcoin exchanges tailored for Australians, focusing on regulation, affordability, ease of use, and supported payment methods.
Whether you're a beginner or an experienced trader, this review will help you make an informed decision based on real metrics like safety, transaction costs, available markets, and user experience.
Top 5 Bitcoin Exchanges in Australia
Looking for a reliable place to buy Bitcoin in Australia? Here are the top-rated platforms we recommend:
- eToro – Overall Best Crypto Exchange Australia (ASIC Regulated)
- Coinbase – Best for Beginners
- OKX – Lowest Trading Fees
- Binance – Largest Asset Selection
- CoinJar – Ideal for Small Investments
Each of these platforms offers unique advantages. Below, we dive deep into what makes them stand out in Australia’s growing cryptocurrency market.
Detailed Reviews of the Best Crypto Exchanges in Australia
1. eToro – The Safest & Most User-Friendly Choice (ASIC Regulated)
When evaluating the best crypto exchange Australia, safety must come first—and that’s where eToro shines. It's one of the few platforms regulated by the Australian Securities and Investments Commission (ASIC), ensuring your funds are protected under strict financial oversight.
eToro isn’t just secure—it's also beginner-friendly. You can start investing with as little as $25 in Bitcoin. The platform uses a spread-only model starting at 0.75% for BTC trades, with no additional commission fees. Deposit fees are also competitive at just 0.5% for card and e-wallet payments.
One standout feature is social and copy trading. You can observe successful traders’ portfolios and automatically replicate their moves—perfect for passive investors.
Additionally, eToro offers:
- Built-in crypto storage (no need to manage private keys)
- Access to over 60 cryptocurrencies including Ethereum, Cardano, and DeFi tokens like Uniswap and AAVE
- A diversified CryptoPortfolio option (similar to a crypto ETF)
- Support for stocks, ETFs, commodities, and forex—all on one platform
👉 Discover how easy it is to start trading Bitcoin with low fees and strong security.
Pros:
- Regulated by ASIC, FCA, and CySEC
- Copy trading and social investing tools
- No withdrawal or trading commissions
- Minimum investment from $10
- Supports PayPal, bank transfers, and major debit/credit cards
Cons:
- Limited advanced charting tools
- Not ideal for technical traders needing MT4/MT5
2. Coinbase – Best Crypto Exchange for Beginners
Coinbase has expanded into the Australian market, bringing its reputation for simplicity and strong security. Designed for newcomers, Coinbase offers a clean interface that removes complexity from buying Bitcoin.
You can purchase BTC instantly using a debit card (3.99% fee) or deposit AUD via bank transfer for free and trade at a 1.49% commission. While slightly higher than others, the ease of use justifies the cost for many beginners.
The platform supports dozens of cryptocurrencies and includes a standalone Coinbase Wallet app for self-custody. Plus, the Coinbase Card lets you spend crypto directly at merchants.
Pros:
- Intuitive design perfect for first-time users
- Over 73 million global users
- Free AUD bank deposits
- Strong institutional-grade security
Cons:
- High debit card fees
- Standard trading fees above average
3. OKX – Lowest Fees & Advanced Features
For cost-conscious traders, OKX stands out as one of the most affordable options. With trading fees starting at just 0.10%, it’s ideal for frequent traders looking to minimize costs.
OKX supports over 400 cryptocurrency pairs—including BTC/AUD—and offers advanced tools like real-time order books, customizable charts, and technical indicators. It also provides leveraged margin trading and crypto savings accounts with yields exceeding 10% annually on select assets.
While powerful, OKX may overwhelm beginners due to its complex interface.
👉 See how low-fee trading can boost your long-term returns.
Pros:
- Ultra-low trading fees
- High liquidity across hundreds of pairs
- Interest-bearing crypto savings
- Full mobile app support
Cons:
- Card deposit fees are high
- Derivatives too advanced for new users
4. Binance – Largest Selection of Cryptocurrencies
Binance dominates globally with over 100 million users and daily trading volumes exceeding $10 billion. In Australia, it remains a top choice for those seeking maximum asset diversity.
You can trade Bitcoin against AUD or USDT with a flat 0.10% fee. Binance supports hundreds of altcoins—from large caps like Ethereum to emerging DeFi projects.
Funding is flexible: use Visa/Mastercard (minimum $25 AUD) or fast local bank transfers via NPP.
Pros:
- Massive range of tradable assets
- Competitive 0.10% trading fee
- Crypto savings and staking options
- Suitable for both beginners and pros
Cons:
- Some coins not available via card purchase
- No support for e-wallet withdrawals
5. CoinJar – Best for Small & Frequent Investors
As Australia’s oldest local exchange (founded in 2013), CoinJar excels in accessibility. With a minimum deposit of just $5 and zero fees on BPAY or NPP transfers, it’s perfect for micro-investors.
Trading fees are set at 1%, and instant card purchases cost 2%. While limited in asset variety compared to Binance or OKX, CoinJar supports major coins like BTC, ETH, XRP, and key DeFi tokens.
Its mobile app is highly rated, offering seamless access to your portfolio anytime.
Pros:
- Extremely low entry barrier ($5 min)
- Free AUD bank deposits
- Trusted since 2013
- Great mobile experience
Cons:
- Limited altcoin selection
- Too basic for advanced traders
How to Choose the Best Crypto Exchange in Australia
To pick the right platform, consider these key factors:
🔐 Security & Regulation
Always prioritize ASIC-regulated exchanges like eToro. Regulation ensures compliance with anti-money laundering laws and protects user funds.
💳 Payment Methods
Ensure the exchange supports your preferred method—whether it’s PayPal, BPAY, NPP, or credit cards.
💸 Fees
Compare:
- Deposit/withdrawal fees
- Trading commissions
- Spread costs
eToro and OKX lead in low-cost trading.
📈 Market Availability
Look for BTC/AUD pairs and diverse altcoin options if you plan to trade beyond Bitcoin.
📱 User Experience
Beginners should opt for intuitive platforms like Coinbase or eToro; advanced traders may prefer Binance or OKX.
🛎️ Customer Support
24/7 live chat is a big plus—eToro and Binance offer excellent support.
How to Start Trading Bitcoin in Australia (In 5 Minutes)
- Sign Up: Create an account on your chosen exchange (e.g., eToro).
- Verify Identity: Complete KYC with a passport/driver’s license and utility bill.
- Deposit Funds: Add AUD via card, bank transfer, or PayPal.
- Search Market: Type “BTC/AUD” to find the Bitcoin-Australian dollar pair.
- Place Order: Enter your investment amount and confirm the trade.
You’re now invested in Bitcoin!
Frequently Asked Questions (FAQs)
What is the best place to buy Bitcoin in Australia?
The best place depends on your needs. For safety and ease, eToro is ideal. For lowest fees, choose OKX or Binance.
Are Bitcoin exchanges in Australia safe?
Yes—if they’re regulated by ASIC. Platforms like eToro comply with strict financial rules, making them far safer than unregulated alternatives.
Which app is best for cryptocurrency in Australia?
eToro and CoinJar offer the most user-friendly mobile experiences. Binance and OKX are better suited for active traders.
What is a Bitcoin exchange?
A Bitcoin exchange is a digital platform where you can buy, sell, or trade Bitcoin using fiat currency (like AUD) or other cryptocurrencies.
Can I buy Bitcoin with PayPal in Australia?
Yes—eToro allows direct PayPal deposits, making it one of the easiest ways to fund your crypto account securely.
Is there a minimum amount to buy Bitcoin?
Most platforms allow micro-investments. eToro lets you start with $10; CoinJar accepts as little as $5.
👉 Start your journey with a trusted platform offering low fees and robust security today.