Best Low Fee Crypto Exchanges Australia is constantly changing, and what might work for one person could easily be a poor choice for another. That’s why it’s important to take several factors into account when choosing a crypto trading platform that fits your needs.

Ideally, you should always opt for an Australian-based cryptocurrency exchange. This is because they must abide by Australian financial regulations, tend to offer more relevant deposit options (like PayID and Osko), operate in the same timezone and typically have locally-based customer support.

Best Low-Fee Crypto Exchanges in Australia: Save on Trading Costs

The most popular AU crypto exchanges offer a comprehensive range of features that can satisfy most traders, whether they’re beginner or advanced investors. The most basic platforms typically offer a wide variety of popular cryptocurrencies, while more advanced ones also provide access to more obscure tokens and even futures markets. Some of the more reputable AU exchanges also include “launchpad” capabilities, which allow you to invest in new projects directly on their platform.

Other useful features to look for include a mobile app, 2FA security and the ability to trade using margin. More sophisticated exchanges often provide additional tools like trailing stop orders, API integration and a customizable interface.

Keep in mind that cryptocurrencies are taxable assets in Australia, and it’s essential to understand the taxation process before investing. To make it easier, you can use KoinX, a cryptocurrency tax reporting tool that connects with over 180 exchanges, wallets and blockchains to automatically categorize your crypto transactions. It can then generate your tax report in just a few clicks, saving you both time and effort.