The Best Cryptocurrency Exchanges in Australia – 2019 Reviews

These days there are a huge amount of cryptocurrency exchanges, so which one should you be using?

In Australia our options may be limited, however there are some excellent Australian crypto exchanges available. When looking for the best exchanges, consider information such as location, currency, available cryptocurrencies and the fees.

Based on our reviews, we’ve created a comparison table below to make it easier for you when considering your options.

Our rating is based on factors such as ease of use, fees, trading features and support.

We hope this detailed list has helped clarify which we believe are the preferred exchanges to use in Australia.

Our suggestion would be to pick one exchange which works for you and stick with it, it will make your life much easier.

These days there are a huge amount of cryptocurrency exchanges, so which one should you be using?

In Australia our options may be limited, however there are some excellent Australian crypto exchanges available. When looking for the best exchanges, consider information such as location, currency, available cryptocurrencies and the fees.

Based on our reviews, we’ve created a comparison table below to make it easier for you when considering your options.

Our rating is based on factors such as ease of use, fees, trading features and support.

We hope this detailed list has helped clarify which we believe are the preferred exchanges to use in Australia.

Our suggestion would be to pick one exchange which works for you and stick with it, it will make your life much easier.

CoinSutra » Cryptocurrency » 9 Best Cryptocurrency Exchanges In The World To Buy Any Altcoins

Here is a consolidated list of best cryptocurrency exchanges with my comments:

Slowly and steadily, Bitcoin and altcoins are getting attention from more investors all around the world.

And why not? These cryptocurrencies are time and again proving themselves to be a safe haven against the government’s inflationary policies.

That’s why some people are even earning interest in crypto, while some are doing pure speculation with short-term trading (i.e. buy low, sell high).

And let’s not forget about those who are just starting off by looking around to find the answer to questions like:

But before we talk about the best exchanges out there, I need to tell you that it’s not too late to get invested in cryptocurrencies.

Alright, so you want to buy some Bitcoin (aka BTC).

First things first, a quick crash course on buying crypto in general.

Cryptocurrencies are bought through exchanges. Once you’ve signed up with one, you can log in, deposit money (preferably AUD) into your account.

And then you can use that money to buy and trade cryptocurrencies like BTC on the crypto exchange. Our favourite exchange is Swyftx, it’s easy to sign up and they have 70+ coins available for you to purchase (including Bitcoin of course).

Disclaimer: We may receive a commission for purchases made through the links on our site.

However, this does not impact our reviews and comparisons.

Learn More

As mentioned above, Swyftx is our go-to for trading cryptocurrencies in Australia, definitely if you’re starting out.

Alright, so you want to buy some Bitcoin (aka BTC).

First things first, a quick crash course on buying crypto in general.

Cryptocurrencies are bought through exchanges. Once you’ve signed up with one, you can log in, deposit money (preferably AUD) into your account.

And then you can use that money to buy and trade cryptocurrencies like BTC on the crypto exchange. Our favourite exchange is Swyftx, it’s easy to sign up and they have 70+ coins available for you to purchase (including Bitcoin of course).

Disclaimer: We may receive a commission for purchases made through the links on our site.

However, this does not impact our reviews and comparisons.

Learn More

As mentioned above, Swyftx is our go-to for trading cryptocurrencies in Australia, definitely if you’re starting out.

Home Crypto Regulations Around The World Cryptocurrency Regulations in Australia

Cryptocurrencies: Legal, treated as property Cryptocurrency exchanges: Legal, must register with AUSTRAC

Cryptocurrencies and exchanges are legal in Australia, and the country has been progressive in its implementation of cryptocurrency regulations. In 2017, Australia’s government declared that cryptocurrencies were legal and specifically stated that Bitcoin (and cryptocurrencies that shared its characteristics) should be treated as property, and subject to Capital Gains Tax (CGT).

There are lots of different ways of making a profit (or losing money) from cryptocurrency. Trading is one of the most popular.

This guide explains where to begin, including how to choose a trading style, how to devise a trading plan, what to look for in a trading platform and things to consider.

The first step is to decide between long term or short term cryptocurrency trading.

CoinSpot is an Australian-based marketplace that allows you to easily buy, sell or trade more than 100 cryptocurrencies.

By submitting this form, you agree to the Finder Privacy and Cookies Policy and Terms of Use

HiveEx.com and finder.com.au are members of the Hive Empire group of companies.

These days there are a huge amount of cryptocurrency exchanges, so which one should you be using?

In Australia our options may be limited, however there are some excellent Australian crypto exchanges available. When looking for the best exchanges, consider information such as location, currency, available cryptocurrencies and the fees.

Based on our reviews, we’ve created a comparison table below to make it easier for you when considering your options.

Our rating is based on factors such as ease of use, fees, trading features and support.

We hope this detailed list has helped clarify which we believe are the preferred exchanges to use in Australia.

Our suggestion would be to pick one exchange which works for you and stick with it, it will make your life much easier.

If you just want the quick answer on how to buy cryptocurrency in Australia, you’ll find a step-by-step below using Swyftx. We like Swyftx because it’s easy to sign up, you can use AUD, and they have 70+ coins available for you to purchase. In Australia, we have quite a few options when it comes to cryptocurrency exchanges, see our detailed comparison here.

For more info on specific coins, cryptocurrency wallets, and exchange comparisons, you can find it below.

Buying and trading cryptocurrency used to be quite complicated, and can still be depending on which exchange you go with.

The original way to trade cryptocurrencies would be setting up a bitcoin wallet, buying some bitcoins with tangible currency, and then exchanging these bitcoins on a cryptocurrency exchange site to the altcoins of choice.

This way the trader has to securely maintain one or more digital wallets to store and exchange the purchased coins, and is more prone to cyber theft and hacker attacks that target the exchange sites.

A cryptocurrency is a digital coin, designed to be transferred between people in virtual transactions. Cryptocurrencies exist only as data and not as physical objects; you cannot actually hold a Bitcoin in your hand or keep Ethereum in your safe. Owning a Bitcoin means you have the collective agreement of each and every computer on the Bitcoin network that it is currently owned by you and – more importantly – that it was legitimately created by a miner. AvaTrade is an industry-leading broker with some of the best trading conditions available, including the lowest crypto spreads on the market.

Cryptocurrencies are handled like cash but are mined like gold. Mining is simply the process of verifying a crypto transaction.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

Residents of Australia can use Coinbase to purchase bitcoins with a debit card. The fees are 3.99% per purchase, and your bitcoins are delivered instantly. If you purchase more than $100 USD (~130 AUD) worth of bitcoins through this link then you get $10 USD (~13 AUD) worth of bitcoins for free!

We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms.

Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card. They charge a ~6% fee on each purchase.

If you are new to cryptocurrency, finding a broker is the best way to start trading. Otherwise, you would need a supercomputer to mine for Bitcoins.

This article is a guide on how to trade Bitcoin in Australia and where to find the best brokers.

HighLow is a popular investment broker that offers a variety of financial assets to invest in. The broker is most famous for CFD trading, but Bitcoins can be traded with them too.

What’s great about HighLow is that it’s an Australian company regulated by local authorities.

HighLow is a rare broker that holds an ASIC license for all trades.

The company is popular in New Zealand as well.

You can start trading with HighLow for as little as $10.

The broker offers an excellent trading platform program.

It’s accessible online and via mobile.

The market prices are available in real time.

With so many cryptocurrency exchanges starting up, it can be difficult to know which is the best place to buy Bitcoin in Australia.

We have done the hard work and rated the best crypto exchanges using the most important user factors such as ease of use, security, deposit methods, spread and trading fees and customer support that we will cover in this article.

Swyftx is one of the best Bitcoin exchanges in Australia that provides a state-of-the-art online platform.

** Late Nov/ early Dec-19 strategy update – Due to the recent price decrease, this is an amazing opportunity to invest in Bitcoin, as the price will bounce back up. Placing a buy sell now and leaving it for a few weeks will pay dividends.

Interested in Bitcoin trading Australia, but don’t know where to start? Our quick guide will help you understand all the options available to you.

Trading Bitcoin, rather than simply buying through an exchange, enables you to not only buy Bitcoin, but sell it as well. You don’t  actually own any of the cryptocurrency, you’re just trading on the price going up or down. Being able to trade on the price movements in either direction opens up a world of possibilities.

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