Choosing the best cryptocurrency in Australia f is not an easy task. We’ve researched many cryptocurrencies in Australia and prepared a list of the top 5 cryptocurrency exchanges in Australia to help you make better trades.
CoinSpot is an Australian-based exchange. CoinSpot is a well-known crypto exchange in Australia as they exchange bitcoins with Aussie Dollars, in addition to trading other cryptocurrencies such as Ethereum and Litecoin. It is possible to buy Bitcoin using just $5 and get a trading fund which is helpful when you plan to purchase larger amounts of Bitcoin. The minimum amount of Bitcoin one can buy is $5 and the minimum trade fund is $20. You can access CoinSpot on Android or iOS via their apps. While using the app, it is worth mentioning that it is necessary to ensure that the transfer funds come from your bank account and not from another exchange.
Based in Singapore, BTCmarkets has a variety of Ethereum trading pair options in addition to Bitcoin. It’s very easy to set up an account with BTCmarkets. Trading is limited to a maximum of 10,000 AUD per order, so all users can trade without spending a lot of money. Trading fees are flat at 0.10% per order. Trading fees for other cryptocurrencies like XRP, Zcash, Dash, Ethereum Classic, Litecoin, Bitcoin Cash, Monero, and many more are as follows: Zcash – 0.02% Ethereum Classic – 0.01% Litecoin – 0.01% Bitcoin Cash – 0.005%. CoinSpot offers two trading pairs with Bitcoin. The maximum limit for trading is 100,000 AUD.
Swyftx is a start-up company which is based in Sydney, Australia, and is a part of the eToro family of companies. The Swyftx platform aims to serve the cryptocurrency community by providing a safe and secure cryptocurrency exchange that is streamlined and easy to use for everyday users. Swyftx is the only Bitcoin, Litecoin, and Ethereum based platform in Australia which is completely secured with ASIC hardware. As per the Swyftx website, the company was started in 2013 and is currently operated by a team of 6 people.
CoinJar Exchange is the biggest local exchange in Australia and serves almost all types of coins and altcoins including Bitcoin, Litecoin, Ripple, Ethereum, Dash, Dogecoin, Monero, etc. CoinJar had raised $22M (AUD) in funding. It is an Australian-based company that takes 24-7 technical support in all its dealings. Other features available on the CoinJar exchange include instant payments, zero fees for sending and receiving funds, 3 free transfers a month, and no transaction fees.
eToro is one of the most well-known cryptocurrency exchanges in Australia. With the help of eToro, you can buy, sell and trade cryptocurrencies and learn how to do it in simple steps. eToro gives you complete control of your investments and is the cheapest and the most user-friendly exchange for trading cryptocurrency. Their platform gives you access to a variety of crypto investment products and you can easily trade your coins from almost any device. They are part of the London Stock Exchange and NYSE. They’re the online asset manager whose global reach is to become the best.