Crypto Applications in Australia

The Australian government has a positive stance on blockchain and cryptocurrencies, allowing citizens to invest in digital currencies legally. International crypto exchanges, many with mobile applications for account management, trading, and transactions, are accessible in Australia, providing a variety of options for investors. We compared the best apps suitable for different investor needs. These details will aid Australians in daily portfolio management and staying updated on market trends.

Kraken – Best for USD Trading

Kraken, a US-based platform and app accessible in Australia features an intuitive design for easy navigation, market monitoring, trading, and crypto transferring. It accepts AUD, facilitating price viewing and transactions for Australians.

Kraken Pro, an advanced version for paying users, offers additional tools and features like margin trading and stop-loss orders. Both apps, catering to global users, can be downloaded on iOS and Android.

eToro – Best for Copy Trading

eToro, a pioneer in copy trading since 2010, has evolved into a social platform, integrating features like a Facebook-style newsfeed for direct engagement with other traders. It allows users to view and mirror experienced investors’ trades by simply selecting a trader to copy and setting their account to follow the chosen trading setups.

With a minimum of $200, users can automatically replicate trades of top-performing crypto traders on eToro without any additional fees. Besides copy trading, eToro offers a holistic social experience, functioning as both a social media platform and a broker, where traders can discuss strategies, speculate prices, and share crucial news.

CoinSpot – Best for Beginners

CoinSpot, an Australian crypto exchange platform, allows trading of over 280 cryptocurrencies via its mobile app, enabling users to view transactions, top performers and securely send/receive crypto via their wallets.

Users can safely deposit AUD funds using POLi, PayID, BPAY, and Direct Deposits. The app, ISO accredited for security, ensures crypto safety with two-factor authentication (2FA) and other security measures wherever users are. Therefore, the next time you need cryptos like Bitcoin to wager on Australian online casinos that accept crypto payments, CoinSpot’s got you covered!

Swyftx – Most Recommended Crypto App

Swyftx, a popular exchange and crypto app in Australia, features a simple and elegant user interface on its desktop and app versions, as evidenced by its high average review scores on Trustpilot. The app offers real-time chart monitoring, crypto buying, selling, and trading tools, along with 24/7 customer support. Additionally, Swyftx ensures robust security, provides 260 tradable assets, and even offers a demo mode for newcomers to practice trading on the platform.

Binance – Best for Experienced Traders

Binance is the world’s largest crypto exchange by daily traded volume. It provides an accessible and user-friendly app for accessing holdings information and making trades. While offering advanced trading options on both its web and app versions, it maintains a clutter-free interface for buy-and-hold users. Binance supports various fiat deposits, including AUD transfers from bank accounts and debit or credit cards.

Overall, it provides a comprehensive app package for checking holdings, making trades, and staying updated with markets on the go. The main Binance app is available for iOS and Android. Additionally, the Binance Academy app offers educational tools to enhance users’ blockchain and crypto knowledge.

Summary of Best Crypto Apps in Australia

Crypto App	Supported Devices	Special Features
Kraken	iOS, Android	Advanced tools and features in Kraken Pro version
eToro	Web, Mobile	ISO accredited security, Two-factor authentication (2FA)
CoinSpot	Mobile	Trading of over 280 cryptocurrencies, secure transactions via wallets, AUD deposit via multiple methods
Swyftx	Desktop, Mobile	High Trustpilot review scores, demo mode for practice trades
Binance	Web, iOS, Android	Clutter-free interface, educational tools in Binance Academy app