The Australian government takes a fairly positive view of blockchain technology and cryptocurrencies and permits citizens to legally invest in digital currencies. The Australian Minister of Financial Services, Jane Hume, has said she believes crypto to be an asset of growing importance.
Most international crypto exchanges are available for use in Australia, giving investors a huge variety when it comes to where they purchase and store their tokens. Many of these exchanges have released a mobile application that helps users keep up to date with their accounts, view price trends, make trades, transact crypto, and more.
Each app offers a distinct user experience and some will suit certain types of investors better than others. CMC Alexandria has compared the best apps that Australian citizens can download and use for their daily portfolio check-ins and keeping up to speed with current market trends.
Best Crypto Trading Apps in Australia
This list offers a guide to the best cryptocurrency app options that Australian investors can use, offering a comparison and review of their specific features.
Binance is the world’s largest crypto exchange by daily traded volume. The Binance app offers Binance users an easy way to access information about their holdings and make trades via a very user-friendly interface. Binance has advanced trading options available on both its web version and app but keeps the interface clutter-free for those users simply looking to buy and hold.
Binance supports a variety of fiat deposits, including AUD transfers from users’ bank accounts, debit or credit cards. All in all, Binance offers one of the most comprehensive app packages around, allowing users to check in on their holdings, make trades, and stay up to date with the markets on the go. The main Binance app is available for download for both iOS and Android. A second app, called Binance Academy, provides educational tools for users to expand their blockchain and crypto knowledge.
CoinJar is a popular Australian cryptocurrency exchange and app that offers users a simple way to purchase crypto. This app allows users to access their holdings on the go, as well as to buy, spend, spend, and receive Bitcoin and at least 20 other cryptocurrencies.
Users of the app are not charged deposit fees and can deposit funds with PayID, BPAY and Cash Deposits. CoinJar is one of the most popular exchanges in Australia, alongside Swyftx and CoinSpot.
Coinbase App Australia
Coinbase is a United States-based exchange that operates internationally and is fast becoming one of the largest crypto trading platforms in the world. Its app is known for offering one of the cleanest user interfaces out there. Users can view all holdings in the home tab and view their daily activity. It’s also simple to buy, sell and convert cryptos via the mobile app.
Coinbase’s app includes other features, such as viewing all crypto prices (even non-supported coins), learning about crypto, earning rewards and viewing the latest news headlines for each currency.
CoinSpot is an Australian crypto exchange platform where users can trade over 280 cryptocurrencies. The CoinSpot mobile app offers Australian users a simple way to view and make transactions, see top performers of the day, and send and receive crypto securely via their wallets.
Users are able to deposit AUD funds safely with POLi, PayID, BPAY and Direct Deposits. The app is rated as very safe and is ISO accredited for security. Their two-factor authentication (2FA) and other security measures will help keep your crypto safe, wherever you may be.
Kraken is a well-designed United States-based platform and app that is available for use in Australia. The app has an intuitive design that makes it easy to navigate in order to monitor markets, make trades, or transfer crypto to other wallets. Kraken accepts AUD as a fiat currency, making it simpler for Australian users to view prices in AUD and make transactions.
Kraken Pro is an advanced app for paying users who need more tools and features, such as margin trading, stop-loss orders and other advanced trading techniques. Both apps are available globally to download for iOS and Android.
Last but not least, Swyftx is one of the most-used exchanges and crypto apps in Australia. The exchange boasts a simple yet elegant user interface on both its desktop version and app, as testified to by excellent average review scores on Trustpilot.
The Swyftx app provides tools for monitoring real-time charts and buying, selling and trading crypto. It also, importantly, provides a 24/7 customer support service. Swyftx has great security, 260 tradable assets, and even offers users a demo mode so that newbies can make practice trades on the platform.
The CoinMarketCap app is a powerful tool for cryptocurrency investors that differs from the other apps in its functionality. Australian users can use the app to set custom price alerts, browse top news headlines for their preferred currencies, calculate conversion rates and read analyses and blog posts from crypto experts. CoinMarketCap is one of the most trusted and cited sources for crypto information and pricing and is free to download.