Swyftx is committed to providing up to date and accurate information of cryptocurrency Exchanges that operate within Australia. This comparison table is aimed to be updated monthly at best effort.
The information displayed on our fees table was collated using the following methods and gathered as per the Last Table Update Date: 5th March 2021
BTC Markets & Coinspot have their customer base from Australia. CoinJar operate within AU and UK with two office locations, however their linked states Australia as their primary location https://au.linkedin.com/company/coinjar.
Coinbase are a US company from San Francisco https://www.linkedin.com/company/coinbase.
Independent Reserve main location in Linked is stated to be Sydney, Australia https://au.linkedin.com/company/independent-reserve
Binance have stated they have no Headquarters, however based on this article it is suggested to be be within Asia or Malta https://www.forbes.com/sites/michaeldelcastillo/2020/10/29/leaked-tai-chi-document-reveals-binances-elaborate-scheme-to-evade-bitcoin-regulators/?sh=7fc76d432a92
Credit & Debit Card Deposits
This was taken from each trade platform initially signing up and trying to do a deposit and looking through the available deposit options.
Maximum Trading Fees
Trading fees displayed on the table show the maximum trading fee of each listed exchange. This fee information was taken from each exchange’s respective website as shown below:
Fully Verified Daily Deposit Limits
Daily Deposit limits refer to the max daily deposit limit of customers who have completed the maximum level of verification on said platform. Daily deposit limit information was taken from the following pages/resources.
|Coinbase||Navigate to >Trading Platform > Accounts Page >Limits|
|BTC Markets||Navigate to > Account Transaction Daily Limits|
|Coinjar||Navigate to >Accounts > Limit section|
The only platform that supports having a Demo Mode within the platform is Swyftx.
The quantity of assets listed on each exchange were gathered on each exchange’s respective website and taken from https://www.finder.com.au/cryptocurrency.
Coinbase asset count was taken from CoinGecko via their ‘markets’ section.
Australian Live Chat
The only platforms that have LiveChat in the fee list are Swyftx, Coinspot and Binance. However, Binance has no live chat agents based within Australia.
Trust Pilot Reviews were gathered from the Trust Pilot website and information copied directly from the company’s respective pages.
Instant AUD and Withdrawals
Withdrawals have the option to be instant when taking money off of the exchange.
Coinbase do not allow you to withdraw FIAT out of their platform, only deposit via Credit/Debit Card.
Fiat Pairs for All Coins
Stating that all assets available on the platform have a pairing to a FIAT currency such as AUD,USD,NZD e.t.c
Full Feature Matched Mobile App
A “Full Featured matched Mobile App” implies that all trading features that are available on the Desktop application are also available on the mobile application.