Top Crypto Exchanges in Australia for August 2024

Last updated:2024/08/06
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Top Crypto Exchanges in Australia for August 2024

Searching for top crypto exchanges in Australia? Discover the best options, considering user-friendliness, fees, and customer service. Our guide provides a comprehensive breakdown to help you make an informed choice for your cryptocurrency trading needs.

Top Crypto Trading Platforms in Australia

Exchange Cryptocurrencies Trading Fees Deposit Withdrawals Payment Methods KYC?
BTC Markets 20+ 0.85% and 0.10% based on trading volume Free, minimum $1 Free, no maximum Okso, BPAY Yes
OKX 100+ 0.02% – 0.5% Free, no mimimum Maximum $10,000 daily Bank transfer, credit/debit Yes
Easy Crypto 150+ 0.7% to 0.9% Free, minimum $50 Free, maximum $500,000 Credit/debit card, bank transfer, POLi Pay Yes
Kraken 190+ 0% – 0.16% makers, 0.10% – 0.26% takers Free, minimum $1 Capped daily on account level Credit/debit card, Apple Pay, Google Pay Yes
Digital Surge 370+ Up to 0.5% Free for PayID & bank transfer Free for AUD withdrawals Transfer, PayID, POLi Yes
Cointree 280+ 0.25% to 0.9% Free, minimum $20 Capped monthly on account level PayID, bank transfer, cash deposits Yes
Coinstash 1000+ 0.85% Free, capped on daily account level Limit dependent on payment method PayID, bank transfer Yes
Coinbase 200+ 0% to 0.6% based on trading volume Free Limit dependent on payment method PayID, debit card, bank transfer Yes

BTC Markets

BTC Markets, founded in 2013, has emerged as a premier crypto exchange in Australia. With over 325,000 active Australian users and a trading volume exceeding $21 billion, it stands out for its reliability and popularity. As a partner of Ripple’s On-Demand Liquidity program, BTC Markets provides seamless AUD deposits and withdrawals, free of charge. But what really sets them apart is their commitment to security, offering industry-leading protection for all transactions. Traders can rest assured that their investments are safe, thanks to BTC Markets’ robust security measures. Whether you’re a seasoned crypto trader or just starting out, BTC Markets is the trusted platform for all your trading needs in Australia.

BTC Markets FAQs

Is BTC Markets secure?

BTC Markets ensures robust security for personal accounts with 2FA, rate limits, and SSL encryption. All personal data is protected by encryption, and impressively, 98% of assets are securely stored in cold storage. Moreover, BTC Markets is not just AUSTRAC registered, but also boasts ISO 270001 and ADCA certifications, guaranteeing the highest standards of security and compliance for your crypto investments. Trust BTC Markets for your digital asset needs, where safety and certification are paramount.

Number of Cryptocurrencies on BTC Markets

BTC markets feature 23 tradable coins, a concise yet impactful portfolio focusing on market-leading currencies. Despite its smaller size compared to other exchanges, it offers investors a strategic selection, encompassing all top cryptos, ensuring diverse and targeted trading options.

Does BTC Markets offer a mobile app?

BTC Markets offers a mobile app compatible with iOS and Android, providing easy access to cryptocurrency trading on the go.

BTC Markets Fees Explained

BTC Markets offers AUD market pairs trading with fees ranging from 0.85% to 0.10%, determined by your 30-day trading volume.

Does BTC Markets have deposit and withdrawal limits?

AUD deposits and withdrawals on BTC Markets are typically free, but fees may apply depending on your payment method. Additionally, crypto withdrawals may involve a network fee. Enjoy seamless transactions with BTC Markets, while staying informed of any potential charges.

Does BTC Markets require KYC?

BTC Markets, being AUSTRAC registered, demands a photo ID and personal details for account verification. This ensures security and compliance in our cryptocurrency exchange, providing a SAFE platform for all your trading needs.

OKX

OKX stands out as a premier global crypto exchange and a trailblazer in the Web3 space. With over 50 million users worldwide placing their trust in us, we’ve earned a reputation as one of the fastest and most dependable crypto platforms. Our collaborations with Manchester City FC, McLaren Formula 1, and Olympic athlete Scotty James reflect our dedication to elevating the fan experience through innovative engagements. At OKX, we prioritize transparency and security, regularly publishing our Proof of Reserves to ensure accountability and peace of mind for our valued users.

OKX FAQs

Is OKX secure?

OKX is widely recognized as a secure and properly managed cryptocurrency exchange. CoinGecko has awarded OKX a perfect 10/10 trust rating, while CER, a renowned crypto exchange security auditor, has granted it a Grade-A security rating. OKX prioritizes safety by storing a portion of funds in cold storage and maintains a reserve fund named OKX Risk Shield. For transparency, the platform publishes monthly proof of reserve reports, allowing independent verification that it possesses adequate funds to cover all user assets. This commitment to security and transparency makes OKX a trusted choice for cryptocurrency trading, ensuring peace of mind for investors and traders alike.

How many cryptocurrencies are listed on OKX?

Trade securely over 100 cryptocurrencies on OKX Australia, with weekly additions. Diversify your portfolio and explore new investment opportunities with our trusted platform.

Does OKX offer a mobile app?

The OKX app is compatible with iOS and Android, download now for seamless crypto trading.

What are the fees charged on OKX?

OKX offers low trading fees from 0.02% to 0.5% based on volume.

Does OKX have deposit and withdrawal limits?

OKX offers no minimum deposit for crypto trading, providing flexibility for investors. Daily maximum withdrawal is set at $10,000, but this can be easily increased by reaching out to their dedicated support team, ensuring seamless transactions for all users.

Does OKX require KYC verification?

OKX ensures security by requiring users to submit a photo ID during the onboarding process. Prior to offering any services, OKX employs vendors to verify users’ personal details against public databases, ensuring a safe and compliant trading environment for all. This rigorous verification process is a key aspect of OKX’s commitment to security and customer protection.

Is OKX Registered with AUSTRAC?

OKX Australia Pty Ltd, an AUSTRAC-registered and locally incorporated company, provides derivatives through OKX Australia Financial Pty Ltd. The latter, also AUSTRAC-registered, holds an Australian Financial Services license, ensuring compliance and reliability for investors seeking cryptocurrency and financial products in Australia.

Easy Crypto

Easy Crypto, accessible in Australia and New Zealand, stands out as a renowned crypto exchange. They provide exceptional customer service and assure 100% deposit safety. Supporting over 150 cryptocurrencies, Easy Crypto prides itself on transparent operations, attracting over 100,000 users. Their commitment to clarity and security makes them a trusted choice in the cryptocurrency market, facilitating easy and safe transactions for a wide range of digital assets.

Easy Crypto FAQs

Is Easy Crypto safe to use?

Easy Crypto provides secure features like 2FA and address book whitelisting. Standing out as the sole Australian crypto exchange, they assure a 100% guarantee on every transaction, protecting users from any potential losses. Safety, security, and peace of mind – all with Easy Crypto.

What is the total number of cryptocurrencies on Easy Crypto?

Easy Crypto now provides trading options for 158 diverse cryptocurrencies on its platform, offering a wide range of digital assets for investors to choose from.

Does Easy Crypto offer a mobile app?

Easy Crypto app offers seamless crypto trading on iOS and Android, making digital asset management effortless.

What fees will I incur when using Easy Crypto?

Enjoy low fees of 0.7%-0.9% per transaction.

Does Easy Crypto have deposit and withdrawal limits?

Easy Crypto offers simple and straightforward limits: a minimum purchase of just $100 and a maximum withdrawal limit of $100,000, making crypto transactions effortless and accessible for everyone.

Does Easy Crypto require KYC?

Easy Crypto, being AUSTRAC registered, necessitates a photo ID and personal details for account verification. This ensures security and compliance, providing a safe and regulated crypto trading experience for all users.

Kraken

Kraken, established in 2011, stands as a prominent global exchange, particularly favored by Australian investors. With over 6 million active users and nearly 200 cryptocurrencies available for trading, Kraken ranks among the top crypto exchanges. Its widespread popularity owes largely to the transparent leadership and operations. The CEO himself strongly advocates for the “not your keys, not your crypto” mantra, promoting self-custody practices during non-trading hours. Kraken’s commitment to security and user autonomy has earned it a reputation of trustworthiness in the crypto community.

Kraken FAQs

Is Kraken safe to use?

Kraken prioritizes security, featuring Kraken Security Labs, a team committed to safeguarding user assets. They rigorously test third-party products and collaborate to rectify security vulnerabilities. Moreover, Kraken boasts a comprehensive bug bounty program engaging white-hat hackers. Your crypto assets are securely stored, with 95% kept offline in air-gapped cold storage. For enhanced account security, Kraken offers two-factor authentication and a global settings lock, ensuring your funds are always protected. Trust Kraken for unparalleled cryptocurrency safety measures.

What is the total number of cryptocurrencies on Kraken?

Kraken exchange offers 195 cryptocurrencies for trading. Buy, sell, and exchange a wide range of digital assets securely on Kraken.

Does Kraken offer a mobile app?

Kraken offers a mobile app for trading cryptocurrencies on the go. Note that the Kraken Futures app was discontinued in January 2022, but the main app remains available for seamless trading.

Kraken Transaction Fees

Kraken offers a straightforward tiered fee system. Makers enjoy fees ranging from 0% to 0.16%, while takers pay between 0.10% to 0.26%, determined by monthly trading volume. Additionally, there’s a 0.9% charge for buying stablecoins and a 1.5% fee for other crypto purchases. Transaction fees, varying up to 3.75%, apply based on the payment method chosen. With Kraken, traders can expect transparent and competitive pricing structures, tailored to their trading activities, ensuring a seamless and cost-effective trading experience.

Are there deposit and withdrawal limits on Kraken?

Kraken offers low deposit minimums starting at just $1, depending on your payment method. Account level determines deposit and withdrawal limits on Kraken. For instance, Kraken Express accounts enjoy a daily limit of $9,000 for deposits and withdrawals. Upgrade your account for higher limits and enjoy seamless transactions on Kraken.

Does Kraken require KYC?

Kraken, an AUSTRAC-registered exchange, offers multiple KYC levels for user verification. These include starter, express, intermediate, and pro options, catering to various needs. Notably, only the intermediate and pro levels require supporting documents, ensuring a streamlined process for all users while maintaining high security standards.

Digital Surge

Digital Surge, established in 2017, now provides investors with over 370 cryptocurrencies and SMSF accounts, showcasing a commitment to diverse investment options. With their competitive low fees and dedication to user-friendliness, Digital Surge ensures crypto trading is easily accessible to all. Their platform boasts features like recurring buys and the ability to pay bills with crypto via BPAY, enhancing user experience. Thanks to these innovations and more, Digital Surge has emerged as a leading crypto exchange in Australia, catering to a wide range of investors and traders.

Digital Surge FAQs

Is Digital Surge safe to use?

Digital Surge provides enhanced security measures including 2FA for withdrawals and cold wallet storage for the majority of funds. All passwords are securely hashed and salted, ensuring maximum safety. To further strengthen security, they perform criminal background checks on all employees, guaranteeing trustworthiness. Stay protected with Digital Surge.

How many cryptocurrencies are listed on Digital Surge?

Digital Surge provides access to over 370 diverse cryptocurrencies, offering a wide range of investment options.

Does Digital Surge offer a mobile app?

Download the Digital Surge app for iOS and Android to manage your cryptocurrencies easily and securely.

Fees applicable when transacting on Digital Surge.

Digital Surge offers competitive fees for crypto trading, charging 0.5% on buys and sells. Depending on your 30-day trading volume, their marketplace fees range from 0.1% to 0.5%. Enjoy low-cost transactions and maximize your profits with Digital Surge’s flexible fee structure, tailored to suit your trading needs.

Does Digital Surge have deposit and withdrawal limits?

Digital Surge offers AUD withdrawals with no fees, while crypto withdrawals are subject to standard mining fees for external wallet transfers. Both crypto and PAYID deposits are free of charge. Enjoy a low minimum deposit of just $2, and a daily withdrawal limit of $20,000 for personal accounts. Digital Surge provides convenient and cost-effective transactions, making it an ideal platform for your cryptocurrency needs.

Does Digital Surge require KYC?

Digital Surge, being AUSTRAC registered, demands a photo ID and personal details for account verification. Ensuring security and compliance, they prioritize customer privacy while providing seamless cryptocurrency services.

Cointree

Cointree, established in Melbourne since 2013, boasts over 80,000 registered users. With its intuitive interface and competitive fees, Cointree has risen to become a leading cryptocurrency exchange in Australia, especially popular among beginners. Its commitment to user-friendliness and affordability makes it a top choice for those new to the crypto world.

Cointree FAQs

Is Cointree a safe platform?

Cointree prioritizes security, utilizing a hot/cold wallet system for user assets. We enforce rigorous measures like 2FA for account protection, and all passwords undergo hashing and salting. To further ensure safety, we conduct mandatory criminal background checks for all our employees. Trust Cointree for your cryptocurrency needs.

Cointree offers a wide range of cryptocurrencies.

Cointree offers a robust selection of over 280 cryptocurrencies for trading, providing investors with diverse options to buy and sell digital assets. Securely trade a wide range of coins on Cointree.

Does Cointree offer a mobile application?

Cointree now offers a mobile app compatible with iOS and Android, making crypto trading more accessible and convenient.

What are the fees associated with using Cointree?

Cointree offers tier-based fees, charging from 0.9% for buying or selling and from 0.25% for coin-to-coin trades. Enjoy zero AUD deposit or withdrawal fees when trading on Cointree, making it a cost-effective platform for cryptocurrency transactions. Discover the benefits of tiered pricing and seamless AUD transactions today.

Does Cointree impose deposit and withdrawal limits?

Cointree offers a low minimum deposit of just $20, along with tiered withdrawal and trading limits tailored to your account level, providing flexible options for crypto investors.

Does Cointree require KYC?

Cointree, AUSTRAC registered, demands photo ID & personal details for account verification. We prioritize security, ensuring a safe crypto trading experience for all users. Join now for a reliable platform!

Coinstash

Coinstash, an Australian crypto exchange, enables investors to seamlessly buy, sell, and trade cryptocurrencies. What’s more, it provides exclusive offerings such as crypto bundles for portfolio diversification and a lucrative earn program, offering returns up to 24.48% per annum. With Coinstash, Australian investors can explore diverse crypto investment opportunities and grow their wealth.

Coinstash FAQs

Is Coinstash secure?

Coinstash provides SSO encryption, multi-layered security, and 2FA for all user accounts, ensuring the utmost safety for your crypto assets.

What is the total number of cryptocurrencies on Coinstash?

Coinstash offers an extensive range of over 1000 cryptocurrencies for trading on its exchange, providing investors with diverse token options. Explore the vast portfolio and take advantage of the numerous trading opportunities available.

Does Coinstash offer a mobile application?

Coinstash offers an app compatible with iOS and Android, making crypto management easy and accessible on the go.

Coinstash fees: What you need to know.

Coinstash offers low trading fees at just 0.85%.

Are there deposit and withdrawal limits on Coinstash?

Coinstash offers zero deposit fees and no limits, providing a seamless crypto experience. Withdrawal fees and limits vary based on the cryptocurrency or payment method chosen, ensuring flexibility and convenience for all users. Manage your digital assets easily with Coinstash.

Does Coinstash require KYC?

Coinstash, an AUSTRAC-registered platform, ensures account security by requiring photo ID verification and personal details, providing a safe and regulated environment for cryptocurrency transactions.

Coinbase

Coinbase, launched in 2012, revolutionized digital finance by enabling seamless and secure Bitcoin transactions for everyone, everywhere. Now, it provides a reliable, user-friendly gateway to the vast crypto-economy. Coinbase Australia, officially registered with AUSTRAC, ensures regulatory compliance and trustworthiness. Whether you’re a crypto novice or expert, Coinbase is your one-stop shop for all cryptocurrency needs, offering a safe, regulated environment to buy, sell, and manage digital assets. With Coinbase, unlocking the potential of the crypto-economy is just a click away.

Coinbase FAQs

Is Coinbase a safe platform?

Coinbase, a leading crypto exchange, prioritizes industry-leading cybersecurity measures to protect and preserve the assets of both major institutional clients and millions of retail users worldwide. With continual investments in operational security, research, and development, Coinbase remains at the forefront of the crypto economy. As a veteran crypto exchange, Coinbase excels in safeguarding sensitive business data, personal details, and cryptocurrencies, backed by a rapidly expanding security team proficient in traditional and blockchain security, as well as crypto-asset defense.

Coinbase lists numerous cryptocurrencies for trading.

Securely trade over 200 cryptocurrencies on Coinbase, the trusted platform for crypto trading and investing.

Does Coinbase offer a mobile application?

Coinbase app offers seamless crypto trading on iOS and Android devices, making it easy to buy, sell, and manage your digital assets.

Coinbase Fees: What Are They?

Coinbase offers tiered Maker and taker fees, adjusted according to your trading volume. Enjoy rates ranging from 0% to 4% for makers and 0.05% to 0.6% for takers. For detailed fee structure, refer to the Coinbase fee schedule. Trade smartly and maximize your profits with Coinbase’s transparent pricing model.

Are there deposit and withdrawal limits on Coinbase?

Coinbase typically doesn’t restrict the sale of cryptocurrencies for fiat money, but purchase limits may apply depending on your location and chosen payment method. To check your specific limits, simply access your account settings. With Coinbase, you can seamlessly convert your crypto assets to cash, with purchase constraints varying by region and payment option.

Does Coinbase require KYC verification?

Coinbase Australia, officially registered with AUSTRAC as a digital currency exchange, prioritizes security. During the onboarding process, Coinbase mandates a photo ID from users, ensuring account authenticity. Additionally, the platform engages vendors to cross-check users’ personal details with public databases, guaranteeing service integrity before any Coinbase services are accessed. This rigorous verification process showcases Coinbase’s commitment to safety and reliability in the cryptocurrency space.

CoinSpot

CoinSpot, established in 2013, stands as a reputable crypto exchange in the market. With over 360 coins available for trading and a user base of 2 million, they cater to a wide range of investors. Their simple fee structure ensures cost-effectiveness, making them a top choice among Australian crypto exchanges. Whether you’re buying, selling, or swapping, CoinSpot provides a seamless experience with competitive fees.

CoinSpot FAQs

Is CoinSpot a safe platform?

CoinSpot, an ISO 27001 Certified platform, ensures robust information security. Assets are securely stored offline in cold storage, minimizing digital vulnerabilities. Plus, they provide customizable account security features, including two-factor authentication, tailored withdrawal limits, and session timeout settings, giving users complete control over their crypto experience. Trust CoinSpot for your cryptocurrency needs.

How many cryptocurrencies are listed on CoinSpot?

CoinSpot provides access to over 360 cryptocurrencies for trading on its exchange, offering diverse investment options for crypto enthusiasts.

Does CoinSpot offer a mobile app?

CoinSpot app now available on iOS & Android – Trade crypto anytime, anywhere with ease.

What are the fees charged by CoinSpot?

CoinSpot stands out as a top crypto exchange in Australia, thanks to its straightforward fee structure. With just 0.1% on market orders and OTC trades, and 1% for instant buys, sells, and swaps, CoinSpot provides an efficient and cost-effective platform for all your cryptocurrency needs. Their competitive fees have contributed to their rise as a leading exchange in the Australian crypto market.

Are there deposit and withdrawal limits on CoinSpot?

CoinSpot provides convenient AUD deposit and withdrawal options, including free transactions via POLi, PayID, and direct deposits. Note that BPAY incurs a 0.9% fee and cash transactions a 2.5% fee. Additionally, crypto transfers to external wallets are subject to a standard mining fee. CoinSpot ensures seamless and cost-effective transactions for your financial needs.

Does CoinSpot require KYC verification?

CoinSpot, being AUSTRAC registered, ensures security by requiring ID and personal details for account verification, making it a trusted platform for cryptocurrency transactions in Australia.

Swyftx

Swyftx, established in 2018, has rapidly emerged as a leading cryptocurrency exchange in Australia, also catering to investors in New Zealand. They boast excellent customer support, intuitive user interfaces, and comprehensive educational resources for crypto beginners. With over 300,000 active users and plans to expand into the UK and Canada, Swyftx is a trusted name in the industry, adhering to the highest standards and registered with AUSTRAC. Discover the Swyftx difference today for a seamless crypto trading experience.

Swyftx FAQs

Is Swyftx a safe platform?

Swyftx boasts a dedicated security team, ensuring the utmost safety for storing crypto. With measures like data encryption, two-factor authentication, biometric verification, breached password detection, and cold storage of assets, they prioritize protecting customer data and funds. Moreover, being ISO27001 compliant underscores their commitment to international security standards. So, if you’re asking, “Is it safe to keep crypto on Swyftx?” The answer is definitely yes. Rest assured, your digital assets are well-protected with Swyftx’s robust security infrastructure. Their team goes above and beyond to safeguard your investments, making Swyftx a trusted platform for cryptocurrency storage.

Swyftx supports a wide range of cryptocurrencies.

Swyftx provides an extensive range of over 320 coins for trading, ensuring diverse investment options for crypto enthusiasts.

Does Swyftx Offer a Mobile App?

In 2021, Swyftx released an upgraded app compatible with both iOS and Android, providing users with an enhanced crypto trading experience.

Swyftx Fees: What charges does Swyftx apply?

Swyftx offers competitive trading with a 0.6% fee, while AUD deposits and withdrawals remain free. Standard blockchain fees apply to crypto transactions, ensuring transparent costing for all users. Trade confidently on Swyftx, knowing exactly what you’ll pay.

What are the deposit and withdrawal limits on Swyftx?

Maximize your financial flexibility with our account services, allowing up to $100,000 daily withdrawals based on your account tier. Minimum deposits vary depending on the cryptocurrency or fiat payment method chosen, ensuring seamless transactions tailored to your needs.

Does Swyftx require KYC?

Swyftx, a trusted AUSTRAC-registered platform, ensures financial security by requiring photo ID and selfie verification for new accounts. AUSTRAC, a leading government agency, aids in safeguarding Australia’s financial services, making Swyftx your reliable choice for cryptocurrency transactions.

CoinJar

CoinJar, established in 2013, is one of Australia’s longest-running crypto exchanges, catering to over 600,000 users. Offering trades in more than 60 cryptocurrencies, CoinJar focuses on the Australian and UK markets and holds FCA registration. For high-volume traders seeking advanced options, CoinJar Exchange provides additional trade controls, making it a comprehensive and trusted platform for all crypto trading needs in Australia and beyond.

CoinJar FAQs

Is CoinJar a safe platform?

CoinJar, a top Australian crypto exchange, prioritizes security with multi-level data encryption and multi-sig for hot wallets. They’ve partnered with BitGo for cold storage custody, ensuring assets’ safety. Moreover, CoinJar maintains full currency reserves and is AUSTRAC-registered, adding another layer of trust. With these robust measures, CoinJar stands out as a secure and reliable platform for crypto transactions in Australia. Experience the peace of mind that comes with trading on a well-protected exchange today.

Number of cryptocurrencies available on CoinJar

CoinJar provides over 60 diverse cryptocurrency trading options, including all top coins and the most sought-after ERC-20 tokens. ERC-20, a benchmark for issuing and creating smart contracts on Ethereum’s blockchain, ensures seamless transactions. Trade confidently with CoinJar’s comprehensive crypto offerings.

Does CoinJar offer a mobile app?

CoinJar app supports iOS & Android, making crypto access easy on any device.

What are the fees associated with CoinJar?

CoinJar offers conversions with a 0-1% fee and no taker fee on AUD pairs for its Exchange. When compared to other market exchanges, CoinJar’s fees are notably low, making it a cost-effective option for those seeking efficient cryptocurrency transactions. Discover the benefits of trading with CoinJar today!

Are there deposit and withdrawal limits on CoinJar?

CoinJar offers low minimum deposit of just $10, with monthly maximum withdrawal limits varying based on your account level, providing flexibility and convenience for crypto transactions.

Does CoinJar require KYC?

CoinJar, being AUSTRAC registered, ensures security by requiring photo ID and personal details for account verification, making it a trusted platform for your cryptocurrency needs.

Independent Reserve

Independent Reserve Australia, established in 2013, stands as one of Australia’s longest-running cryptocurrency exchanges. With a strong global presence, they primarily cater to the Australian and New Zealand markets, amassing over 250,000 satisfied customers. A key highlight is their crypto superannuation service, which solidifies their position among the top Australian crypto exchanges. Independent Reserve provides investment opportunities for Self-Managed Super Funds, backed by cutting-edge features such as API access, automated trading strategies, and an OTC trading desk facilitating direct buyer-seller interactions. Their commitment to innovation and customer satisfaction has earned them a reputable standing in the crypto exchange industry.

Independent Reserve FAQs

Is Independent Reserve secure?

Independent Reserve ensures the utmost security for its users’ digital assets. With core servers located at two tier 3 data centres in Sydney, the platform guarantees zero data loss, even in case of an outage. All data is signed and encrypted multiple times using geographically dispersed keys stored at four data centres, providing an extra layer of protection. Additionally, most digital assets are stored in cold storage with multi-layer encryption, further enhancing security.
When it comes to account security, Independent Reserve leaves no stone unturned. They offer Two-Factor Authentication (2FA), email notifications for each login, and the ability to instantly suspend an account from an email LINK if an unauthorised login is detected. The platform also provides a duress password to secure an account, blocks withdrawals for 72 hours after changes to account security, and offers address and browser whitelisting for added safety. Furthermore, Independent Reserve has implemented a bot shield and provides an option for PGP signed emails to prevent scams.
With such a comprehensive list of security features, it’s clear that Independent Reserve prioritises the safety of its users’ funds and information. So, if you’ve been asking yourself, “Is Independent Reserve legit?” the answer is undoubtedly yes. The platform’s robust security measures are designed to give users peace of mind and confidence in their digital asset investments.

How many cryptocurrencies does Independent Reserve offer?

Independent Reserve now supports trading of 30 diverse tokens on its platform, providing users with a wide range of cryptocurrency options.

Does Independent Reserve offer a mobile app?

Independent Reserve app supports iOS & Android, making crypto trading accessible on the go. Download now for seamless mobile trading.

Fees on Independent Reserve

Independent Reserve charges trading fees based on your 30-day trading volume, typically ranging from 0.5% to 0.02%. Enhance your trading experience with competitive fees that adjust according to your trading activity.

Does Independent Reserve impose deposit and withdrawal limits?

Depositing funds on Independent Reserve is often free, with some exceptions based on the deposit amount, currency type, and payment method chosen. Crypto deposits, in particular, are typically free, excluding any network fees. When it comes to withdrawals, fees will differ depending on the crypto or fiat currency being withdrawn and the specific withdrawal method used. Additionally, minimum withdrawal amounts vary based on the cryptocurrency being withdrawn and must cover associated network fees. Independent Reserve strives to provide transparent and competitive fees for all its users.

Does Independent Reserve require KYC?

Independent Reserve, being AUSTRAC registered, mandates ID verification and personal details to authenticate your account, ensuring secure and regulated cryptocurrency transactions for all users.

Crypto.com

Crypto.com, a globally recognized cryptocurrency exchange since 2018, has recently extended its services to Australian investors, rapidly gaining popularity. Offering over 300 cryptocurrencies for trading, NFTs, staking options, VISA cards, and a crypto options product, it caters to a wide range of investor needs. Security, a paramount concern for crypto investors, is a top priority at Crypto.com. The platform enforces rigorous security protocols, screening all deposits, monitoring transactions with a dedicated team, and utilizing multi-factor authentication, including passwords, biometrics, email, SMS, and OTP, to ensure the highest level of account security. With its comprehensive offering and robust security measures, Crypto.com stands out as a trusted and reliable exchange for cryptocurrency investors worldwide.

Crypto.com FAQs

Crypto.com offers a wide range of cryptocurrencies.

Crypto.com offers over 300 diverse coins and tokens for trading, providing a wide range of investment options for cryptocurrency enthusiasts and investors.

Does Crypto.com offer a mobile app?

Crypto.com app supports both iOS and Android, making crypto trading accessible on any device.

What are the fees on Crypto.com?

Crypto.com offers competitive trading fees tailored to your 30-day volume. Makers and takers enjoy distinct fee structures, with a max fee of just 0.75%. Boost your savings further with discounts for CRO token holders and high-volume traders. Secure, transparent, and rewarding – trade on Crypto.com today.

What are the deposit and withdrawal limits on Crypto.com?

Crypto.com requires a minimum deposit of $20, varying by payment method, and allows a maximum daily withdrawal of 10 BTC (or crypto equivalent). Securely buy, sell, and trade cryptocurrencies with ease on Crypto.com.

Does Crypto.com report to the ATO?

Crypto.com, being AUSTRAC registered, may need to disclose user data from KYC verification and other channels for tax compliance purposes. This ensures that the platform adheres to regulatory standards, providing a secure and compliant environment for all cryptocurrency transactions.

How to pick the right crypto exchange?

Discover key factors to consider when selecting a crypto exchange for trading digital assets securely and efficiently.

  • Ease of Use: If you’re a beginning investor, it’s crucial to select an exchange with a user-friendly interface to simplify the initial stages of cryptocurrency trading.
  • Cryptocurrencies Supported: Depending on your investment goals, choose an exchange that offers a wide range of coins for a diverse portfolio or a more focused selection if you’re interested in a few specific cryptocurrencies.
  • Fees: Consider all associated costs, including trading, deposit, withdrawal, and credit/debit card fees, to ensure they align with your investment strategy and budget.
  • Customer Support: Look for an exchange with strong customer support to assist you promptly in case of any deposit, withdrawal, or other transactional issues.
  • Security: Prioritize exchanges that implement rigorous security measures, such as two-factor authentication and third-party audits, to protect your investments from hacks and other potential risks.

How to Open a Cryptocurrency Exchange Account in Australia?

Opening a crypto exchange account in Australia is quick and easy, much like signing up with a stock brokerage. The entire process often takes just minutes to complete, although identity verification might require a few days. Start trading cryptocurrencies today by signing up for an Australian crypto exchange account!

  • Create Your Account: To initiate the process of opening an exchange account, you must furnish an email address and establish a secure password for your new account.
  • Provide Personal Details: Prior to commencing cryptocurrency trading, submitting Know Your Customer details is essential. This process generally entails sharing information such as your complete name and a government-issued photo identification.
  • Fund Your Account: After successful identity verification, you can deposit funds into your account to commence making purchases. Majority of the exchanges permit account funding via bank transfer, wire transfer, or by transferring cryptocurrencies from alternative platforms.

How did we pick the best Australian crypto exchanges?

Choosing a cryptocurrency exchange? Consider key factors like security, trading fees, supported coins, user interface, and customer service for the best experience. Evaluate wisely to ensure a safe and efficient trading platform.

  • Security: We’ve selected only the top crypto exchanges in Australia that prioritize security, implementing measures like 2FA, encryption, cold storage, and regular audits.
  • Reputation: Considering the presence of unreliable projects in the crypto space, we’ve scrupulously assessed each platform’s standing in the crypto community.
  • Available Cryptocurrencies: Our chosen exchanges offer a diverse range of cryptocurrencies, from leading coins like BTC and ETH to more obscure tokens.
  • Liquidity: In light of the FTX collapse, we’ve emphasized exchanges with high liquidity, ensuring faster, more competitive trades and protection from potential crises.
  • User Interface: We’ve considered exchanges suitable for all levels of experience, featuring intuitive interfaces and mobile app support for Android and iOS.
  • Fees: We’ve analyzed fee structures to strike a balance between cost-effectiveness and the quality of services offered.

Which crypto trading app is top-rated in Australia?

Australian crypto traders have a range of trading apps to choose from, including CoinSpot, Swyftx, CoinJar, and Independent Reserve, all compatible with Android and Apple devices. These apps are available for free download, allowing you to test-drive them before making a choice. Ultimately, the best crypto trading app for you will be the one that caters to your personal trading preferences and needs.

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