🇦🇺
Best Crypto Exchange in Australia 2026
Compare the top 5 crypto exchanges available in Australia — fees, features, AUD support, and legal status.
🟢 Legal — Regulated by AUSTRAC
⚡ Quick Summary: Best Picks for Australia
Exchange Comparison Table for Australia 🇦🇺
| Exchange |
Rating |
Spot Fees |
Futures Fees |
Available in Australia |
Notes |
| MEXC |
⭐⭐⭐⭐⭐ |
0% / 0% |
0% / 0%* |
✅ Yes |
Full service, AUD card deposits available |
| Bybit |
⭐⭐⭐⭐⭐ |
0.1% / 0.1% |
-0.01% / 0.06% |
✅ Yes |
AUSTRAC registered, AUD card and PayID deposits |
| Bitget |
⭐⭐⭐⭐½ |
0.1% / 0.1% |
-0.01% / 0.06% |
✅ Yes |
Full service available |
| Phemex |
⭐⭐⭐⭐ |
0.1% / 0.1% |
-0.025% / 0.075% |
✅ Yes |
Available, card deposits in AUD |
| OKX |
⭐⭐⭐⭐½ |
0.08% / 0.10% |
0.02% / 0.05% |
✅ Yes |
Available with some product restrictions |
*MEXC futures 0% applies to select pairs. Spot maker/taker format. Updated April 2026.
Is Crypto Legal in Australia? 🇦🇺
Legal — Regulated by AUSTRAC
Cryptocurrency trading is fully legal in Australia. AUSTRAC (Australian Transaction Reports and Analysis Centre) regulates crypto exchanges as Digital Currency Exchanges (DCEs). All exchanges must register with AUSTRAC and comply with AML/CTF requirements. ASIC (Australian Securities and Investments Commission) regulates crypto products that qualify as financial products. Australia has a mature and clear regulatory environment for crypto.
💳 Payment Methods
PayID / Osko (bank transfer), BPAY, debit/credit cards, POLi
🏛️ Tax Overview
The ATO (Australian Taxation Office) treats crypto as property. Capital gains tax applies when you sell, exchange, or use crypto. CGT discount of 50% applies if held for 12+ months. Crypto used as payment for goods/services is also a CGT event. Personal use asset exemption may apply for small amounts used in transactions.
Top 5 Crypto Exchanges for Australia Residents
Zero spot trading fees. 2,000+ altcoins. Perfect for fee-conscious traders.
Spot: 0% / 0%
Futures: 0% / 0%*
Open MEXC Account →
Top-tier derivatives platform. 300+ pairs. Advanced tools for serious traders.
Spot: 0.1% / 0.1%
Futures: -0.01% / 0.06%
Open Bybit Account →
Best copy trading platform. Follow top traders automatically. Great for beginners.
Spot: 0.1% / 0.1%
Futures: -0.01% / 0.06%
Open Bitget Account →
Unlimited 0% spot trading with Premium membership. Strong security record.
Spot: 0.1% / 0.1%
Futures: -0.025% / 0.075%
Open Phemex Account →
Full ecosystem: spot, futures, DeFi, NFTs, Web3 wallet. EU-licensed.
Spot: 0.08% / 0.10%
Futures: 0.02% / 0.05%
Open OKX Account →
🧮 Compare fees for your trade size:
Use our free crypto exchange fee calculator to see the exact AUD cost of your trades on each exchange — the difference adds up fast on larger positions.
Frequently Asked Questions — Crypto in Australia
Is crypto trading legal in Australia?
Yes, cryptocurrency trading is fully legal in Australia. AUSTRAC regulates exchanges as Digital Currency Exchanges (DCEs). All exchanges must be registered with AUSTRAC and comply with anti-money laundering laws. Australian residents can freely buy, sell, and trade cryptocurrency.
How is crypto taxed in Australia?
The ATO treats crypto as property, not currency. Capital gains tax applies when you dispose of crypto (sell, trade, or use it). If you hold crypto for 12+ months, you receive a 50% CGT discount. Personal use assets (crypto bought and used quickly for purchases) may be exempt. Crypto received as income (staking, mining, salary) is taxed as income at your marginal rate.
Which crypto exchanges are available in Australia?
Bybit (AUSTRAC registered), MEXC, Bitget, Phemex, and OKX all accept Australian residents. Bybit has the strongest Australian presence with direct PayID bank transfers and AUD card deposits. All support AUD via international debit/credit cards.
Can I use Bybit in Australia?
Yes, Bybit is registered with AUSTRAC as a Digital Currency Exchange and is fully available to Australian residents. You can deposit AUD via credit/debit card, complete KYC, and trade spot and derivatives markets. Bybit is one of the most popular international exchanges among Australian crypto traders.
What is the best crypto exchange for Australians?
Bybit is the top pick for most Australian traders due to AUSTRAC registration, AUD deposits, and excellent futures trading tools. MEXC is better for those prioritizing 0% spot fees and altcoin variety. Bitget suits beginners wanting to copy professional traders automatically.
