Best cryptocurrency app Australia 2023 popular Australian cryptocurrency exchange and app that offers users buy cryptocurrency in australia Top crypto app We offer users easy access to the largest best crypto trading platform australia reddit Best app for high-volume trading in Australia fastest and safest crypto retailer Ranking of cryptocurrency wallet apps in Best crypto app Australia reddit
Best cryptocurrency app Australia 2023
- Best cryptocurrency exchange in Australia – Swyftx.
- Most trusted Australian exchange – CoinSpot.
- Best exchange for serious trading – Binance AU.
- Best for tight spreads – Digital Surge.
- Best for OTC trades – Independent Reserve.
- Another Australian alternative – Coinjar.
- Swyftx
Swyftx is an AUSTRAC registered Australian cryptocurrency trading platform with over 350,000 users that provides a simple and transparent way for individuals to invest in more than 280 cryptocurrencies. The platform offers excellent features that will suit various types of investors such as rapid AUD deposits and withdrawals, portfolio tracking, recurring orders, low trading fees, demo mode and price alerts. Overall, Swyftx is our best rated cryptocurrency exchange in Australia to buy, trade and sell crypto back to AUD.
Visit Swyftx
SPECIAL PROMOTION: Create an account using our link to get $10 Free Bitcoin.
Swyftx is fully licenced and registered exchange in Australia that complies with KYC/AML procedures to safeguard the deposited funds and personal information. This does not slow down the registration process which is straight-forward and fast compared to other well-established Australian crypto exchanges. There is no ID documentation upload process or need to take selfies.
There are over 228 cryptocurrency coins supported on Swyftx that can be purchased using common payment methods in Australia that include bank transfers, POLI, PayID and a credit card. There are no deposit withdrawal fees to a bank account which are processed on the same day.
swyftx website
One of the best aspects to Swyftx is the feature-rich platform such as a user-friendly a mobile app, tax calculator and dollar cost averaging tools. The desktop and mobile application has been designed for beginners and intermediate investors to get started with digital currencies. The trading experience is very simple on a fully customisable dashboard that can be tailored to suit each investor.
In summary, a beginner-friendly user interface coupled with competitive trading fees, high security standards and an abundance of features, we have rated Swyftx as our top pick for the best Australian crypto exchange.
Furthermore, Swyftx boasts some of the most competitive trading fees in the country. The transaction cost to buy and sell crypto is a nominal 0.6% fee in addition to a spread charge that averages 1.7%. Compared to the industry average spreads of 4%, the overall trading fees are reasonable when Swyftx is measured against other exchanges.
swyftx compared
Swyftx works slightly different to an exchange and operates like a broker to find the best crypto prices in AUD and USD by searching the best cryptocurrency trading platforms. The broker is partnered with global exchanges with high trading volumes to provide deep liquidity across all trading pairs (e.g. altcoins). This allows Swyftx to provide low spreads (i.e. the difference between the bid and ask price) fees for customers in Australia.
Coinspot
CoinSpot was founded in 2013 and has built up a solid reputation as a leading Australian cryptocurrency exchange that is focused on helping newcomers to buy Bitcoin and a wide range of cryptocurrency coins with AUD. The Australian exchange is regarded as one of the most safest platforms with bank-like security measures to protect its customer’s information and funds secure.
Visit Coinspot
Coinspot supports several payment methods for users to deposit funds such as POLI, PayID, BPAY or a cash deposit. Each payment method using an Australian bank account deposit does not incur a deposit charge. In comparison, using BPAY or cash payments will incur a deposit fee of 0.9% and 2.5% respectively.
The trading fees depend on the method used to purchase cryptocurrencies. The Instant Buy and Sell platform has a 1% trading fee to quickly exchange coins. To obtain a lower transaction fee of 0.1%, users can trade on the exchange which requires a greater level of understanding on technical charts and types of orders.
coinspot website
Coinspot has introduced a new feature that simplifies cryptocurrency investing with their ‘bundles’ option. This allows investors to buy a group of assets in one transaction. Each asset allocation is grouped in categories (e.g. Top 3, Top 10, Privacy coins etc) and incurs a one-off trading fee for all coins within the bundle.
Coinspot Australia has never been hacked and is the first Australian trading platforms to receive the internationally recognized ISO 27001 certification for information security. Funds stored in a Coinspot wallet are well-secured until transferred to a personnel hardware wallet. The exchange offers two-factor authentication (2FA) on individual accounts which requires a code from a registered mobile device to login into the platform.
Overall, based on our assessment of Coinspot and comparison to other exchanges in the country, we have rated Coinspot as one of the best exchanges due to its high reputation and trustworthiness in the industry.
- Digital Surge
Digital Surge is a Brisbane based digital currency exchange that provides a fast and easy way to buy and sell digital currency using AUD. The platform has focused on providing a beginner-friendly exchange website for everyday Australians to get started with crypto assets.
Visit Digital Surge
SPECIAL PROMOTION: Create an account using our link to get $10 Free Bitcoin.
Based in Brisbane, the team are committed to building trust and transparency within the cryptocurrency community and to bring awareness to the industry for all investors alike. The Australian cryptocurrency exchange is focused on simplicity which starts from the verification process which is automated. That means, users can buy digital currency quickly and easily using a buy wizard that guides through each step.
digital surge website
The exchange features a portfolio viewer to show the overall investment performance. Customers can monitor their favourite coins within a personal Watchlist to quickly see which coins are performing the best (and worst) with the Top Gainers list. An easy click through on any of them will transfer to a full detail page of each asset. The exchange also allows individuals to pay bills using crypto.
Digital Surge’s trading fee is 0.5% which is competitive to to other platforms with spreads as low as 0.4% per transaction. This is comparable to brokers such as Swyftx which uses a similar fee structure. There are no fees to deposit and withdraw Australian Dollars directly with a local bank which are processed near-immediately. In our opinion, Digital Surge is one of the best options in Australia for beginners to get started with cryptocurrency due to its ease of use, rapid AUD deposit and withdrawals, responsive customer support and minimal fees.
