Compare the best crypto exchanges in Australia for 2026: regulation, AUD deposits and withdrawals, fees, coins, futures and each exchange's main catch.
Accepts clients from Australia Accepts clients from Australia Accepts clients from AustraliaAvailable in the EU as Bybit EU Accepts clients from Australia Accepts clients from Australia Accepts clients from Australia Accepts clients from Australia Accepts clients from Australia| Exchange | Spot assetscrypto | Futures assets | Spot feesmaker/taker | Futures feesmaker/taker | Max leverage | Australia |
|---|---|---|---|---|---|---|
| 1. BitgetVisit | 507 | 478 | 0.1% / 0.1% | 0.02% / 0.06% | 125× | Yes |
| 2. MEXCVisit | 1,320 | 614 | 0% / 0.05% | 0% / 0.02% | 200× | Yes |
| 3. BybitVisit | 380 | 577 | 0.1% / 0.1% | 0.02% / 0.055% | 100× | Yes |
| 4. KuCoinVisit | 814 | 677 | 0.1% / 0.1% | 0.02% / 0.06% | 125× | Yes |
| 5. Crypto.comVisit | 417 | 409 | 0.25% / 0.5% | 0.02% / 0.04% | 50× | Yes |
| 6. eToroVisit | — | — | 1% / 1% | — | — | Yes |
| 7. KrakenVisit | 679 | 177 | 0.4% / 0.8% | 0.02% / 0.05% | 50× | Yes |
| 8. CoinbaseVisit | 402 | 131 | 0.4% / 0.6% | 0.05% / 0.05% | 10× | Yes |
| Exchange | Score | Founded | Headquarters | Founder | CEO | KYC | Australia |
|---|---|---|---|---|---|---|---|
| 1. BitgetVisit | 7.8 | 2018 | Singapore | Sandra Lou | Gracy Chen | Required | Yes |
| 2. MEXCVisit | 4.2 | 2018 | Singapore | John Chen | John Chen | Required | Yes |
| 3. BybitVisit | 9 | 2018 | Dubai | Ben Zhou | Ben Zhou | Required | Yes |
| 4. KuCoinVisit | 7.1 | 2017 | Seychelles | Michael Gan | BC Wong | Required | Yes |
| 5. Crypto.comVisit | 7.4 | 2016 | Singapore | Kris Marszalek | Kris Marszalek | Required | Yes |
| 6. eToroVisit | 2.5 | 2007 | — | Yoni Assia | Yoni Assia | Required | Yes |
| 7. KrakenVisit | 9.3 | 2011 | San Francisco, USA | Jesse Powell | David Ripley | Required | Yes |
| 8. CoinbaseVisit | 7.7 | 2012 | Remote | Brian Armstrong | Brian Armstrong | Required | Yes |
The Australia column is checked live against each exchange's restricted-country list.
Bitget is our top pick for Australians who trade actively and want low futures fees, copy trading and a wide choice of coins in one account. Buying and trading crypto is legal here, exchanges must be registered with AUSTRAC, the anti-money laundering regulator, and stricter licensing is on the way.
Funding and cost matter most day to day. Australians usually pay in Australian dollars by bank transfer using PayID, which moves money between bank accounts in real time through Osko and the New Payments Platform, or by BPAY. Check how an exchange lets you deposit and also how you withdraw back to your bank. After that, compare trading fees, coins and products, and each exchange’s security record, which varies a lot.
Bitget gives active traders a lot in one account, so you can move between spot, futures and automated strategies without juggling apps. You get 507 coins on spot, 478 coins with futures at up to 125x leverage, and tokenised stocks. Copy trading, trading bots and a demo mode with virtual funds let you practise first.
Spot trades cost 0.1% for makers and takers, and paying fees in the BGB token takes 20% off eligible spot fees. Futures cost 0.02% for limit orders and 0.06% for market orders, so frequent traders keep more of each trade. Bitget holds licences in some countries but isn't fully regulated everywhere, which means less regulatory protection than at a fully licensed venue.
You can deposit by card, Apple Pay, Google Pay or bank transfer, but fiat withdrawals run only through SEPA and Pix, so there is no direct payout to an Australian bank; ID checks are mandatory. Bitget launched in 2018, is based in Singapore, was co-founded by Sandra Lou and is run by CEO Gracy Chen. In September 2026 unauthorised transfers took about $351.6 million from some hot and warm wallets and withdrawals are suspended during the investigation, so money you deposit may be stuck for now, though Bitget says user balances are secure and its User Protection Fund of more than $464 million covers the loss.
Key points
Choice is what MEXC sells: 1,320 coins on spot and 614 with futures, with new tokens often listed before other exchanges pick them up. That helps if you trade small, trending coins, but many have thin order books, so check the depth before placing a sizeable order.
Spot costs 0% for makers and 0.05% for takers, and futures cost 0% for makers and 0.02% for takers, with leverage up to 200x. Copy trading, grid bots and demo futures come included. MEXC carries real regulatory uncertainty, which leaves you with less recourse if a dispute arises.
You can fund the account with PayPal, a bank transfer, a card, Apple Pay or Google Pay, or go through providers such as Banxa and MoonPay; withdrawals include bank transfer, and every account must pass KYC before depositing or trading. MEXC dates from 2018, operates out of Singapore, and its CEO, John Chen, helped found it. The biggest catch is its reputation, with many reported cases of withheld customer funds, so keep only what you are actively trading there.
Key points
Bybit is built for derivatives traders, offering futures on 577 coins at up to 100x leverage, options on 8 coins, and contracts on stocks, indices, forex and commodities. Spot covers 380 coins, and copy trading, grid bots and demo trading let you learn before risking real money.
Spot trading costs 0.1% for makers and takers, while futures cost 0.02% for limit orders and 0.055% for market orders. Its peer-to-peer market lets you buy USDT, USDC, BTC and ETH directly from other users with no trading fee, an alternative to cards and bank transfers.
Funding options are bank transfer, Banxa, MoonPay, Google Pay, Apple Pay and cards; money leaves as a bank transfer or in crypto, and KYC is required. Founded in 2018 by a team that included Ben Zhou, who also serves as CEO, Bybit has its headquarters in Dubai. Bybit was hacked for over $1.5 billion in February 2025, and although it recovered all users' funds within 72 hours, a breach that size shows why long-term holdings are safer in your own wallet.
Key points
KuCoin suits altcoin hunters, with 814 coins on spot, including niche categories such as AI and DePin, and 677 coins with futures at up to 125x leverage. Staking, margin trading and a peer-to-peer market sit in the same account, so you can buy, trade and earn in one place.
Standard spot fees are 0.1% for makers and takers, but less popular Class B and Class C tokens cost 0.2% and 0.3%, so small caps are dearer to trade. On futures, makers pay 0.02% and takers 0.06%, and paying spot fees in KCS earns a 20% rebate on eligible trades.
For fiat there's bank transfer, peer-to-peer trading, cards and mobile wallets like Google Pay and Apple Pay, plus providers such as Banxa and Simplex, with fees that vary by provider, and you need ID plus a face check before you can trade. KuCoin started in 2017 with Michael Gan among its co-founders; it is headquartered in Seychelles and BC Wong now holds the top job. It pleaded guilty in January 2025 to operating an unlicensed money transmitting business in the United States, a record that should make you wary of holding large balances there.
Key points
Crypto.com fits people who want one app for buying, staking and holding crypto rather than a pure trading terminal. It has 417 spot coins and 409 futures coins with leverage capped at 50x, plus staking, the Earn programme and a self-custody wallet.
Spot is expensive: a maker order costs 0.25% and a taker order 0.5%, though a paid Level Up subscription removes spot fees if you trade enough to cover it. Futures are cheap at 0.02% for makers and 0.04% for takers. It publishes proof of reserves and keeps most assets in cold storage, so you can check deposits are backed.
Money goes in by card, Apple Pay or bank transfer and comes back out to your bank account or card, though identity checks can take longer than elsewhere. Since its start in 2016, Crypto.com has been headquartered in Singapore, and Kris Marszalek, one of its co-founders, runs it as chief executive. Attackers once bypassed two-factor authentication to steal about $34 million in BTC and ETH from 483 accounts, so use every protection it offers, including the 24-hour hold on first withdrawals to new addresses.
Key points
ASIC oversight is eToro's main draw: the corporate and financial services regulator supervises it in Australia, which suits beginners who want a familiar, supervised broker. ASIC doesn't provide a set compensation scheme for Australians, though, so that oversight doesn't insure your balance.
Crypto sits alongside stocks and ETFs, but the crypto range is narrow, with none of the advanced tools active traders expect. Every crypto trade costs 1% for makers and takers, the highest rate here, so frequent trading gets expensive fast.
Withdrawals carry no fee but have a $30 minimum, a $10 monthly inactivity fee applies after a year without logging in, and identity verification is required. eToro has been around since 2007, has its home in Israel, and Yoni Assia, who co-founded it, is its chief executive. Support is the weak point: with less than $5,000 in your account you can only reach the team by ticket, so urgent problems can wait up to a couple of days for an answer.
Key points
Kraken's case for Australians is trust: it operates under AUSTRAC, the anti-money laundering regulator, and publishes proof of reserves, so you are using a supervised exchange whose holdings can be checked. It offers 679 spot coins across 1,460 trading pairs, plus futures on 177 coins at up to 50x leverage.
That comes at a price: spot trades cost 0.4% if you place a resting order and 0.8% if you fill one instantly, among the highest here, so casual buying costs more than elsewhere. Kraken Pro adds lower fees and advanced tools, futures carry a 0.02% maker fee and a 0.05% taker fee, and staking is available.
PayPal, Apple Pay, bank transfers, cards and Google Pay all work for deposits, cash comes back out via a card, PayPal, Apple Pay or your bank, and ID verification with facial recognition is required. Kraken first opened in 2011; Jesse Powell co-founded it, David Ripley is the current CEO, and its headquarters are in San Francisco, USA. Its one incident, CertiK exploiting a bug to take $3 million from Kraken's treasury in June 2024, was fully returned with no customer assets affected, so the bigger catch is futures order books that could be deeper, which can mean slippage on large orders.
Key points
Coinbase is the easiest starting point here, with a simple app, a self-custody wallet and the credibility of a publicly listed company. It offers 402 spot coins and staking, which covers the main coins most beginners want.
Simplicity costs money: spot fees start at 0.4% on the maker side and 0.6% on the taker side, falling as your monthly volume grows on Coinbase Advanced. Makers and takers pay the same 0.05% on futures, but leverage stops at 10x and only 131 coins have futures, so derivatives traders will find it limited.
Deposits accept card, PayPal or crypto, withdrawals go out through SWIFT or a regular bank transfer, and verification needs photo ID and a face check. Coinbase arrived in 2012, has no single head office within the United States, and Brian Armstrong, one of the people who started it, leads it today. More than 6,000 customers had their accounts compromised in spring 2021, which shows account takeovers happen even at large exchanges, so turn on strong two-factor authentication.
Key points
Our editorial team selected, tested and ranked the best crypto exchanges for traders in Australia. We started with exchanges that accept users in Australia and ordered them on the whole package rather than any single number. The order is our editors’ judgment of that package, while the CWR Score on each card rates that exchange on its own, so an exchange placed lower can carry a higher score.
Buying, holding and trading crypto is legal in Australia. Crypto exchanges must be registered with AUSTRAC, the government’s anti-money laundering regulator, on its Virtual Asset Service Provider Register; the anti-money laundering law bars unregistered businesses from providing these services. ASIC, the corporate and financial services regulator, says bitcoin itself is unlikely to be a financial product, but crypto derivatives such as CFDs, options, futures and perpetual futures can be, and offering them needs an Australian financial services (AFS) licence.
Stricter rules are on the way. The Corporations Amendment (Digital Assets Framework) Act 2026 starts on 9 April 2027 and brings digital asset platforms and tokenised custody platforms under ASIC’s AFS licensing regime. ASIC plans an 18-month implementation, during which platforms can apply for a licence and keep operating under relief while their applications are processed.
In Australia, crypto you hold as an investment falls under the capital gains tax (CGT) rules. Selling it, swapping it for another crypto asset, converting it to dollars or using it to pay for things is a disposal, and any capital gain is added to your assessable income and taxed at your income tax rate. If you’re an Australian resident individual and held the crypto for at least 12 months, the gain (after losses) is cut by 50%. Capital losses can only reduce capital gains, and unused net capital losses carry forward to later years.
The ATO treats staking rewards as ordinary income, assessed at the value of the crypto you receive. If you hold crypto as trading stock in a business, the proceeds are generally ordinary income instead. You report capital gains and crypto income in your annual tax return.
This is a general overview, not tax advice. Tax rules change and depend on your situation, so check with the Australian Taxation Office (ATO) or a tax adviser before you file.
Official sources, checked September 2026: Board of Taxation: Review of the tax treatment of digital assets and transactions in Australia (February 2024); Federal Register of Legislation: Income Tax Assessment Act 1997 (ss 104-10, 115-25, 115-100).
Getting Bitcoin or Ethereum in Australia takes only a few steps once you have chosen where to trade.
Bitget is the best all-round choice for active traders in Australia thanks to cheap futures, copy trading and a wide coin list, but check that withdrawals have resumed after its wallet breach before you fund an account. If regulation matters most, Kraken operates under AUSTRAC and eToro is regulated by ASIC, though both charge more for crypto than the trading-focused exchanges. Crypto is legal to buy and trade in Australia, and whichever exchange you pick, confirm how you will get Australian dollars back to your bank before you deposit.
Yes. Buying, holding and trading crypto is legal in Australia. Exchanges must be registered with AUSTRAC, the government's anti-money laundering regulator, and crypto derivatives such as futures can be financial products that need an Australian financial services licence from ASIC.
Crypto gains can be taxable in Australia. See "How is crypto taxed in Australia?" above for how it works, and keep a record of every trade.
Kraken operates under AUSTRAC, the anti-money laundering regulator, and eToro is regulated by ASIC. ASIC doesn't provide a set compensation scheme for Australians, so regulation doesn't insure your balance.
Check the deposit screen before you sign up. Most exchanges here take bank transfers and cards, and some add Apple Pay, Google Pay or providers such as Banxa and MoonPay. Check withdrawals too: Bitget only pays out fiat through SEPA and Pix, and Coinbase doesn't take bank transfer deposits.
MEXC charges 0.01% for futures makers and 0.04% for takers. Crypto.com matches the 0.04% taker fee with a 0.02% maker fee, and Bybit, Bitget, KuCoin and Kraken all charge 0.02% for makers.
In September 2026 unauthorised transfers took about $351.6 million from some of Bitget's hot and warm wallets. Bitget says cold wallets and user balances are secure and its User Protection Fund of more than $464 million covers the loss, but withdrawals are suspended during the investigation, so you may not be able to move money out until they resume.
In the EU, Bybit serves customers through a separate platform, Bybit EU, which is licensed under MiCA.
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