There are many cryptocurrency exchanges in Australia. Choosing the best among them isn't easy, especially for beginners. When looking for the best exchange for you, consider information such as currency, location, fees, and available cryptocurrencies. Below is a list of some of the best cryptocurrency exchanges in Australia.
1. Zipmex
Zipmex’s Australian Cryptocurrency Exchange is the best platform for new users. It has an easy to use dashboard that makes it easier for first-timers to make their first cryptocurrency purchase. The only issue with CoinSpot is fees. Many people start with it and end up moving to international exchanges with lower fees. It is the best entry point to the cryptocurrency world for the Australian people.
2. Swift Exchange
It has an easy to use trading platform, which makes it easier for beginners to get started with cryptocurrency. Its online wallet makes trading pain free since you can keep any coins you buy without the risk of keeping it on regular exchanges. It supports over seventy different cryptocurrencies and keeps on adding more. It accepts AUD and has lower fees (usually 0.6%). It is the best for both new and experienced cryptocurrency traders.
3. Independent Reserve Exchange
It is an Australian based cryptocurrency exchange. It supports thirteen popular cryptocurrencies such as Bitcoin, Ethereum, PLA, 0x, XLM, BAT, GNP, EOX, LTC, XRP, and OMG. It has the lowest fees (usually 0.5%) in all Australian based exchanges. It accepts AUD, USD, and NZD. It gives you peace of mind since security is its top priority. When you upgrade your account to premium, they offer insurance and have integrated the KPMG tax tool in their platform.
4. BitTrex Exchange
It supports more than 190 cryptocurrencies. It only accepts USD but has low fees (usually 0.25%). It is an international platform, and to reduce the risks with cryptocurrency trading, don't leave your coins on BitTrex Exchange.