Buying, selling, or storing your cryptocurrency assets on any Australian exchange is a taxable event. That’s because all cryptocurrencies are considered investment assets by the Australian Taxation Office, and any activity that affects them (like trading or converting them to AUD) is subject to capital gains tax.
Top Crypto Exchanges Australia for your needs, we’ve compiled this list of top platforms based on trading fees, supported cryptocurrencies, AUSTRAC licensing, and AUD payment methods. Each site offers its own set of benefits and features, so it’s important to consider all your options before choosing an exchange.
Digital Surge
This Australian-based exchange is known for its easy-to-use website that’s available on desktop and mobile devices. It supports a variety of cryptocurrencies, including popular coins like Bitcoin, and offers several different deposit and withdrawal methods, such as bank transfers, BPAY, PayID, and credit or debit cards. The platform is also secure and features robust security protocols.
MEXC
MEXC is a leading Australian cryptocurrency exchange that’s been operating since 2022 and has a proven track record of reliability. It offers a large number of popular coins to trade, no-KYC registration, and low trading fees. In addition, the platform offers a full range of advanced crypto trading features and is available on desktop and mobile.