Finding the right crypto exchange might feel like looking for a needle in a haystack. There are so many options out there, each claiming to be the best Australian crypto trading platform. The most popular ones offer a diverse range of coins and support multiple payment methods. Then there are those that prioritize security with two-factor authentication and cold storage. Finally, some offer educational resources and crypto trading bots to help you maximize your returns.

The Best Low Fee Crypto Exchanges Australia will also be licensed by the relevant regulatory body. For Australian platforms, this is typically AUSTRAC. AUSTRAC-regulated exchanges are required to follow strict guidelines designed to protect users’ funds. These include ensuring that all exchanges have sufficient liquidity and protecting against hacker attacks. In addition, AUSTRAC-regulated exchanges will usually require users to verify their identity before depositing or withdrawing money.

Best Low Fee Crypto Exchanges Australia Compared

Aside from AUSTRAC licensing, new traders should look at a number of other criteria when choosing the right platform. One of the most important is customer service. Ideally, an exchange should have 24/7 live chat and mobile hotlines. It should also have a demo mode for users to test out the platform without risking any of their real money.

Swyftx has been a leading AU-based cryptocurrency exchange since its launch in 2018. The platform features a diverse range of supported assets and allows AUD deposits and withdrawals. It also offers competitive trading fees and is backed by a local team. In addition, it has an impressive ISO27001 certification, a mark of industry-leading security among fintech companies.