Cryptocurrency has gained increasing popularity over the past year in the world. Statista survey showed one in four Australians own crypto, reflecting huge demand for cryptocurrency among Australian investors, thus leading to a proliferation of crypto trading platforms in the country. So,If you want to engage in crypto trading in Australia, looking for the best exchange is the most important step.
In this article, we will introduce the best exchange platforms in Australia for March 2024 based on factors like fee, ease of use, security,customer services, etc., thus offering some insight when you making choice.
Quick look: Best Cryptocurrency Platforms Australia 2024
- Bybit
- CoinSpot
- Swyftx
- eToro
- KuCoin
- BTCC (most recommended)
1. Bybit
Founded in March 2018, Bybit is a leading derivatives trading platform where users can trade, lend, and earn a wide range of crypto in addition to enjoying its NFT marketplace, launchpad, and Bybit Card. Since its establishment, Bybit has registered rapid development due to its outstanding features like an ultra-fast matching engine, quality customer service and multilingual community support for crypto traders of all levels.
Name of Exchange | Bybit |
Number of Available Cyptocurrencies | 330+ |
Pricing Structure | Tiered Maker-Taker Fee Model |
Top Features(Pros) |
|
Cons |
|
2. CoinSpot
Established in 2013, CoinSpot is the largest and the most established exchanges in Australia, offering the largest variety of digital assets with more than 430 cryptocurrencies. As an exchange more suitable for beginners than advanced traders, CoinSpot enjoys good reputation for its high security, simple-to-use interface, NFT trading support.
Name of Exchange | CoinSpot |
Number of Available Cyptocurrencies | 430+ |
Pricing Structure | Spread based |
Top Features(Pros) |
|
Cons |
|
3. Swyftx
With a mission of “Empower people today, to unlock their financial freedom tomorrow”, Swyftx is a popular Australia-based exchange that offers users a streamlined experience. For those who want to trade cryptocurrencies in Australia, Swyftx certainly is a top choice due to its features like low trading fee and risk-free demo mode.
Name of Exchange | Swyftx |
Number of Available Cyptocurrencies | 320+ |
Pricing Structure | Tiered trading fees based on 30-day trading volume |
Top Features(Pros) |
|
Cons |
|
4. eToro
Founded in Israel in 2007, eToro has expanded to a range of international markets over the past year. Unlike many other exchanges, the (ASIC)-regulated eToro also offers access to a diverse range of not just cryptos but also forex, stocks and ETFs, making it a complete platform. However, for Australians, one drawback to keep in mind is that eToro operates in USD, meaning that you will need to pay a fee for currency conversion whenever you deposit and withdraw.
Name of Exchange | eToro |
Number of Available Cyptocurrencies | 80 |
Pricing Structure | Spread based |
Top Features(Pros) |
|
Cons |
|
5. KuCoin
With mission of facilitating the global free flow of digital value, KuCoin serves more than 27 million users around the world, offering over 700 cryptocurrencies. Not only in Australia but globally, KuCoin is among the widely used exchange platforms due to its highlights of huge selection of cryptocurrencies, relatively low fee and advanced trading features. Apart from the usual spot trading, KuCoin also offers futures trading, margin trading, and P2P trading. Besides that, it also offers crypto lending services.
Name of Exchange | KuCoin |
Number of Available Cyptocurrencies | 750+ |
Pricing Structure | Maker-Taker Fee Model |
Top Features(Pros) |
|
Cons |
|
\Deposit and Receive Up to 10,055 USDT!/
BTCC (most recommended)
After introduce the above five popular exchanges in Australia, here, we would like to introduce BTCC, one of the longest-running exchange in the world, which is also a top choice introduced for traders in Australia.The reasons why we introduce BTCC set forth as below:
- Industry-leading security
- High Liquidity & Volume
- Extremely low fees
- High and rich bonus
- High Leverage for Crypto Futures Trading
- User-Friendly
\Deposit and Receive Up to 10,055 USDT!/
How to Trade Futures on BTCC?
Just like you can open a brokerage account to buy and sell stocks, you can open an account with a cryptocurrency exchange to buy crypto. Choosing a suitable exchange is also crucial in the process of trading cryptocurrencies. For those with interests in cryptocurrencies, we would like to introduce BTCC, one of the longest-running exchanges in the world, for your trading.
BTCC stands out in many aspects, like high liquidity & volume, flexible leverage up to 150x, rich rewards, etc. We believe join BTCC would make your trading journey more delightful!
The following sets forth the guidance for buying cryptocurrencies on cryptocurrency exchange BTCC:
Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first, and then fund USDT in your crypto wallet after registration.
Step Two: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the cryptocurrency/USD trading pair.
Step Three: enter the amount of coins you want to buy, and the amount of the contract purchased and the required margin will be displayed below.
Step Four: finally, adjust the leverage multiple and click Buy.
Note: BTCC provides mode trading and offer mode trading fund. Those who want to try to start cryptocurrency contract trading, and more concerned about the fee (BTCC minimum fee can be 0%), it is recommended to start from BTCC !