The Australian crypto market is growing rapidly. If you’re considering purchasing some cryptocurrency, you should start by researching exchanges that support your preferred deposit method. Choose an exchange that offers fast processing times and low fees. It’s also important to consider daily limits and whether or not the exchange supports AUD withdrawals. Some exchanges, like Coinbase, don’t allow AUD withdrawals. While these are minor details, they’re important factors for anyone planning to buy crypto in Australia.

Kraken

San Francisco-based digital asset exchange Kraken has confirmed plans to enter the Australian crypto market. The company has acquired Bit Trade, the longest-running cryptocurrency exchange in Australia. In addition, Kraken has acquired Circle Trade in December, which has also been operating for many years. The companies will merge their services to offer the largest OTC desk in Australia. Both companies will be headquartered in Australia, and Kraken will expand its global footprint.

CoinSpot

CoinSpot is one of the largest cryptocurrency exchanges in Australia, with over 2.5 million registered users. Its desktop platform is user-friendly, and its mobile app is highly functional, rated 4.8 out of 5 stars by more than 10,000 people on the iOS App Store. It is also registered with ASIC and AUSTRAC and adheres to KYC regulations. While many cryptocurrency exchanges operate in an unregulated market, CoinSpot’s Australian compliance helps it stand out.

Independent Reserve

The CEO of Independent Reserve, an exchange based in Sydney, has an extensive background in global markets, with a specialization in the design of enterprise-scale business systems. He previously co-founded an IT consultancy and led the delivery of enterprise-scale financial systems in Australia and Asia Pacific. Prior to that, he served as a Solutions Architect with the Nine network. He also sits on the Board of Directors of the Australian Digital Currency Association (ADCA).

Cointree

As part of the small number of major exchanges in Australia, Cointree has enjoyed relative stability for a number of years. However, with more players entering the market, Cointree is experiencing increasing competition. Although the Australian crypto market is still relatively new, it has the potential to grow rapidly. Traders should keep in mind that they should be able to verify their identity before they can start trading. Before you can trade, you should be verified by Cointree. The process is automated and requires a digital ID. To verify your identity, simply login to your Cointree account and click on the ‘Get Verified’ tab. Select your investor status and upload your legal documents and government issued ID. Once you have submitted your documents, you will be able to complete the verification process.

FTX

FTX, the leading crypto exchange in the world, has announced plans to expand its local presence in Australia. In a statement, the exchange said it would launch a regulated local btc exchange in the country. The exchange will provide spot markets and crypto derivatives to Australian investors. FTX’s plans for expansion follow the launch of FTX Europe, which is licensed to operate in the European Economic Area. It is also in talks to expand into the U.K., where it is currently in talks with the Financial Conduct Authority.

CoinJar offers a wide range of cryptocurrencies

CoinJar is an Australian cryptocurrency exchange that offers a large variety of cryptocurrencies, including btc exchange. The Australian site requires you to have a bank account and be a resident of the country or the UK. This Australian exchange is geared toward new investors and features several features that make it an easy choice for anyone looking to invest in cryptocurrency. Users of the website can access a range of cryptocurrencies and use them to fund their wallets.

Binance

After a lengthy absence from the Australian crypto market, Binance is set to return with over-the-counter derivative products for Australian investors. These products are a convenient way to trade cryptocurrency, as they allow you to speculate on price movements without the need to store coins. Binance is also fully licensed and registered with the Australian Securities and Investments Commission (ASIC).