What Is the Best Crypto App in Australia (2022 Reviews)

Best Crypto App in Australia

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Looking for the best crypto app in Australia?

We rounded up the seven best crypto exchanges in the country based on the selection of coins, security features, ease of use, fees and variety of payment methods. 

The Best Australian Crypto App: A Quick Glance

  • CoinSpot: Best Crypto App in Australia
  • Binance: Best App for Serious Crypto Traders 
  • Swyftx: Best Crypto App for Earning
  • eToro: Best Crypto App in Australia for Beginners
  • Crypto.com: Best All-in-One Crypto Exchange
  • Digital Surge: Best Crypto App in Australia for Value
  • CoinJar: Best App for Spending Crypto 

The Best Cryptocurrency App in Australia: Top 6 Choices Reviewed 

1. CoinSpot Review: Best Crypto App in Australia

  • Rating: 10/10
  • Most popular NFT collections
  • Supported coins: 370+
  • Fiat currencies: AUD
  • Trading fees: from 0.1% 
  • AUD Deposit methods: POLi, PayID, Direct Deposit, Cash Deposit, BPAY
  • Withdrawal fee: None
  • Customer support: Live chat & email 

Reliable, intuitive, convenient and fast, CoinSpot ticks all the boxes, which is why this Aussie exchange is our pick for the best app to buy cryptocurrency in Australia. 

CoinSpot was launched in 2013 and has been at the forefront of the Australian crypto scene ever since. It offers a host of features to meet the needs of experienced and new traders, such as an extensive NFT marketplace, the ability to buy, sell or swap crypto instantly, a wide range of crypto bundles, crypto staking and a flexible multi-coin wallet

Security is top-notch as well—CoinSpot is the first Australian exchange to receive the ISO 27001 certification for information security. 

Trading fees start very low at 0.1%. The platform does charge a flat 1% selling fee as well, which although slightly higher than the competition, works great for high-volume traders. There are no fees for moving funds to your Australian bank account or depositing via POLi, PayID and Osko. 

Want to learn more? Read through our comprehensive CoinSpot review

PROS:

  • 2.5 million customers
  • Multiple payment methods 
  • Passive income opportunities 

CONS:

  • Debit/credit cards not supported 

2. Binance Review: Best App for Serious Crypto Traders 

  • Rating: 9.9/10
  • 90 million registered users 
  • Supported coins: 600+
  • Fiat currencies: 50+
  • Trading fees: 0.10%
  • AUD Deposit methods: PayID / Osko
  • Withdrawal fee: None
  • Customer support: Live chat, email

Binance is one of the leading crypto exchanges in the world and a close contender for the title of ‘best crypto app in Australia’. 

This international platform supports an impressive number of crypto currencies (600+) giving you exposure to some of the most popular, as well as up-and-coming altcoins. Binance also boasts some of the lowest trading fees around—0.1%, which can be reduced further should you stake their native coin BNB or join the company’s VIP program. 

Binance offers a ton of extra features for Australian investors as well, including an NFT marketplace, a P2P exchange platform, margin & derivatives trading, a highly rewarding Binance Earn feature and a wide range of DeFi services based on their own Binance Smart Chain. 

Although clean and incredibly intuitive, this feature-packed exchange might be too overwhelming for newbies. Professional traders in Australia, on the other hand, will be hard-pressed to find a better and more functional crypto app. 

PROS:

  • 24/7 customer support
  • Low trading fees 
  • Frequent new products launched

CONS:

  • Not great for beginners 

3. Swyftx Review: Best Crypto App for Earning 

  • Rating: 9.8/10
  • Spreads from 0.41%
  • Supported coins: 320+ 
  • Fiat currencies: AUD, NZD 
  • Trading fees: 0.6% 
  • AUD Deposit methods: PayID, Bank Transfer, credit card & POLi
  • Withdrawal fee: None
  • Customer support: Live chat & phone chat 

Swyftx is one of the most trusted and top-rated crypto apps in Australia. Not only does it offer low trading fees, but it also gives you the chance to earn on the crypto sitting in your wallet. 

Swyftx Earn is free and unlike other exchanges lets you earn passive income on a wide range of staking coins (over 20) so whether you hold BTC or Algorand, you can earn up to 10% APY in interest. 

The platform also allows you to set up recurring buys, use analytical tools to track your investment and buy crypto bundles to diversify your portfolio. There is a super-convenient demo mode as well enabling you to use all Swyftx’s features in a risk-free environment. 

Last but not least, Swyftx is very easy to use thanks to its intuitive trading platform, fully-fledged mobile app and multiple free-of-charge payment methods, including POLi, PayID, OSKO and credit cards.   

Read more about the crypto exchange platform in our full Swyftx review.  

PROS:

  • Free deposits & withdrawals
  • 600,000+ users
  • Advanced order types

CONS:

  • No NFT marketplace 

4. eToro Review: Best Crypto App in Australia for Beginners 

  • Rating: 9.8/10
  • $100,000 demo account 
  • Supported coins: 75
  • Fiat currencies: 19
  • Trading fees: 1%
  • AUD Deposit methods: POLi, credit/debit cards, PayPal
  • Withdrawal fee: 0.5 – 1.5%
  • Customer support: email & phone 

eToro is not just one of the leading trading apps in Australia. It is also an excellent place for inexperienced investors to get started with crypto and explore other assets, such as stocks, commodities and ETFs.

This award-winning investment platform provides users with a $100,000 virtual account—a great way to hone their trading skills without risking actual capital. It also hosts a wide range of educational resources as well as access to real-time market news, research, and analysis tools

Still, the biggest reason why eToro is the best cryptocurrency app in Australia for beginners is the platform’s unique CopyTrader feature. This innovative concept, pioneered by the company in 2010, allows you to automatically replicate the trades of over 25 million eToro users as well as engage with them through the site’s personalised Facebook-style news feed. Best of all, eToro’s CopyTrader is 100% free of charge.

If you want to learn more about this trading platform, take a look at our eToro review

PROS:

  • Clean and user-friendly UI
  • Up to 2x leverage on crypto
  • Great for social trading 

CONS:

  • 1% fee + conversion fees apply 

5. Crypto.com Review: Best All-in-One Crypto Exchange

  • Rating: 9.6/10
  • Crypto lending services 
  • Supported coins: 250+
  • Fiat currencies: AUD, USD, CAD + more
  • Trading fees: From 0.04%
  • AUD Deposit methods: Crypto.com Fiat Gateway
  • Withdrawal fee: None
  • Customer support: Live chat & email 

Another non-Australian crypto exchange, Crypto.com is a great choice for those who want a one-stop-shop for all things crypto

This user-friendly app allows you to earn interest on your assets, get rewards for making purchases with the company-issued Visa card and even borrow up to 50% using your crypto as collateral. 

Plus, it has a wide range of advanced features, including DeFi swap and staking, a non-custodial wallet as well as OTC and spot trading. 

All users can enjoy these perks, but those who choose to stake the company’s native coin CRO will get even more benefits such as lower trading fees (going down to 0.03%) and free Netflix and Spotify memberships. 

On top of that, Crypto.com enables easy and free AUD deposits and withdrawals, allowing this international platform to hold its own against some of the biggest Aussie-based exchanges. 

To find out more about this platform, read our detailed Crypto.com review

PROS:

  • Earn up to 5% in cashback
  • DeFi wallet & swapping 
  • Trading fees from 0.04%

CONS:

  • Several users complain of poor customer support

6. Digital Surge Review: Best Crypto App in Australia for Value 

  • Rating: 9.6/10
  • Pay bills with Bitcoin 
  • Supported coins: 300+
  • Fiat currencies: AUD
  • Trading fees: From 0.5%
  • AUD Deposit methods:  PayID & POLi
  • Withdrawal fee: None
  • Customer support: Live chat

Thanks to its low fees (starting from 0.5%) and tight spreads (between 0.2% and 0.4%), Digital Surge is one of the cheapest crypto exchanges in Australia. 

Besides providing great value, this crypto exchange offers a wide range of crypto assets that you can purchase with AUD within the app, a multilayered security system, complete with 2FA and offline cold storage and personalised customer support. Accounts are verified almost instantly, so you can start trading within minutes. 

Plus, with Digital Surge you can pay your bills with BTC and earn up to 23% APY annually on your crypto (although only 13 coins are eligible for this feature right now).

Last but not least, Digital Surge is simple and easy to use, giving you a hassle-free way to buy and sell crypto as well as stay on top of the market with price alerts, recurring buys and stop loss and stop-limit orders.

PROS:

  • SMSF support 
  • User-friendly
  • Quick deposits & withdrawals 

CONS:

  • Not a lot of advanced trading features

7. CoinJar Review: Best App for Spending Crypto 

  • Rating: 9.4/10
  • Instant Buy with Visa/Mastercard
  • Supported coins: 50+
  • Fiat currencies: AUD 
  • Trading fees: 1% 
  • AUD Deposit methods: PayID, bank transfer, Blueshyft
  • Withdrawal fee: dynamic fee
  • Customer support: email 

CoinJar, one of the oldest crypto apps in Australia, offers crypto bundles, an OTC trading desk and the option to purchase crypto instantly with Visa and Mastercard.

However, the biggest standout feature is the CoinJar card, allowing you to spend crypto as actual currency both when shopping online or in brick-and-mortar stores. You can order a physical card and withdraw crypto as cash from ATMs or use it as a digital payment method (CoinJar supports Apple Pay and Google Pay)—either way, all your card details are easy to manage straight from the app. What’s more, you will get reward points each time you make a purchase. 

On the downside, CoinJar has higher fees than other platforms (including a 1% flat fee on all crypto transactions) and a limited selection of coins, so it might not be the best cryptocurrency app in Australia for more serious traders. 

Get more familiar with CoinJar by reading our review

PROS:

  • 600,000+ members
  • Established in 2013
  • Advanced security features 

CONS:

  • High trading fees

How to Find the Best Cryptocurrency App in Australia (A Buyer’s Guide)

Choosing from dozens of crypto apps available in Australia is no easy task. Here are some things you need to think about before you sign up. 

1. Supported coins

The best Australian crypto app should offer a vast number of cryptocurrencies, giving investors a chance to maximise their profits and diversify their portfolios. In fact, you should expect to find some lesser-known coins like Filecoin and Icon, on top of the most popular assets like Bitcoin, Dogecoin, Solana and Ethereum. 

2. Fees

Trading fees are pretty standard when it comes to crypto exchanges, the difference is how they are applied. While some platforms have fixed fees for both makers and takers, which is great for high-volume traders, others charge on trading volume that is more suited to users just dipping their toes in the market. 

The most important thing is to make sure that the platform you choose is 100% transparent and that there are hidden fees. 

3. Payment Methods 

It might go without saying, but users in Australia need a crypto exchange that supports AUD payments and withdrawals. Avoid exchanges that use third-party payment providers and only stick to platforms that support direct AUD deposits—it’s easier, more convenient and less expensive. 

Also, look for apps that support multiple banking options (BPAY, POLi, PayID, bank transfers) so you can make deposits and withdrawals in your preferred payment method. 

4. Security features

The best crypto trading app has to implement strict security protocols to protect their clients’ assets. This usually involves several layers of security, such as multi-factor identification (biometric support, passwords) and holding users’ assets in a cold storage wallet, safe from possible hacking attacks and security breaches. 

5. User Interface

Users, especially novice investors, need a UI that is clean, slick and simple to use. Luckily, all of the highest-rated crypto apps in Australia have made sure to provide clients with intuitive and user-friendly dashboards for beginners, as well as more advanced trading and charting options for seasoned traders. 

6. Customer support 

In addition to offering extensive guides and helpful info, the top-rated crypto apps in Australia are available to customers 24/7, usually through a live chat feature on the site. If you can’t find it, then make sure the platform you go with can easily be contacted via email or phone to ensure that any issues you have will be addressed promptly. 

Bottom line

Even though many think crypto has had its day in the sun, more than a million Aussies still use some of the country’s most popular crypto exchanges to trade in digital assets.

Luckily for existing and new crypto traders, there are dozens of crypto apps available in Australia that support a wide range of coins and tokens, have tight security protocols and user-friendly dashboards. It’s just a matter of finding the best one for your needs. 

FAQs:

1.How do I withdraw AUD from crypto apps?

The best crypto apps operating in Australia let you withdraw funds via the NPP network. Typically withdrawal fees apply, and limits as well, so make sure you look into this before cashing out. 

2.Is Binance or Coinbase better?

Binance and Coinbase are two of the leading crypto exchanges in the world. However, when it comes to Aussie traders, Binance is the better choice as it supports direct AUD withdrawals and deposits. Coinbase, on the other hand, lets you buy crypto through debit cards which come with higher fees.

3.Which crypto app is legal in Australia?

All of the options ranked in our best crypto app in Australia list are 100% legal and regulated by relevant governing bodies. The Australian-based platforms (Swyftx, Coinjar, Digital Surge and CoinSpot) are registered with AUSTRAC, while Binance and Crypto.com are registered in the Cayman Islands and ​​Singapore, respectively. 

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