Bitcoin Exchanges
1) CoinSpot
Buy and sell Bitcoin and an impressive number of altcoins with instant delivery on a trusted platform.
2) BTC Markets
BTC Markets is a Melbourne-based trading platform that’s relatively user friendly but also has a decent range of trading options.
3) Cryptopia
Fast-growing exchange which offers a huge number of altcoins including many small market caps. (Note – NZ Based but we’ve included it in the Oz section).
4) Independent Reserve
Independent Reserve is a very well established Australian bitcoin exchange industry having been founded in Sydney 5 years ago. In April 2018 they became the first exchange to be regulated by AUSTRAC.
5) ACX
Boasting the largest liquidity pool of any Australian Bitcoin exchange, ACX is actually the joint venture of a group of leading companies in the Australian digital currency ecosystem.
6) CoinLoft
Another Melbourne-based exchange operating since 2013, CoinLoft is a relatively straight-forward service for purchasing bitcoin via bank deposit or cash at Smart ATMs or participating newsagents.
7) CoinJar
CoinJar offer a simple way to buy, sell and spend bitcoin. CoinJar Swipe allows you to spend Bitcoin or dollars at almost 1 million EFTPOS terminals.
8) BuyaBitcoin
An easy way to get started, you just fill out an online form at BuyaBitcoin to create an order, then make a deposit into their ANZ or Westpac account. No sign-up required.
9) CoinTree
No hidden fees. CoinTree is the best place to buy bitcoin. Quick. Simple. Secure.
10) Bit Trade Australia
Bit Trade is a well established Bitcoin and Ethereum exchange with a strong offering that includes usability, pricing, trade limits and 24 hour trading. Special deal of 0% commission on trades in June 2018.
Those are our rankings for the top 10 Bitcoin exchanges for Australians based on our own experiences. They are subjective in nature and we will review them on a regular basis.
Before deciding which Bitcoin exchange to use, make sure you consider the following –
- Longevity and security of the exchange
- Account verification procedures
- Range of deposit options
- Fees to deposit cash and buy crypto
- Range of cryptocurrencies available to buy
- Daily deposit and withdrawal limits
For a more detailed guide take a look at our how to buy Bitcoin article.
