| Exchange | Transfer Fees | Deposit Fees | Withdrawal Fees | Summary |
|---|---|---|---|---|
| CoinSpot | Free (just standard mining fee) | POLi - Free BPAY - 2% Cash - 3% |
Free | Simple to use, and often lists altcoins not available on the other main exchanges. |
| CoinBase | Free | 3.99% - Credit / Debit Card Buys | N/A | Reputable, and very easy. Often down during price drops due to high traffic. At time of writing, can't sell in Australia, only buy. One of the more popular exchanges. |
| LocalBitcoins | Free (just standard mining fee) | Free | Free | Registering, buying, and selling Bitcoin is free. Users who create advertisements are charged 1% for every completed trade. Essentially a marketplace where you can buy Bitcoin from other people, both online and in-person. Great if you're having difficulty getting verified on other exchanges. |
| KuCoin | Free | Free | Varies (see link) | A new Chinese exchange that boasts a variety of harder-to-find altcoins. Have found the interface easy-to-use and the selection extensive. |
| Independent Reserve | Varies based on currency chosen (check link) | > $100 AUD - Free < $100 AUD - $0.99 |
Australian - Free International - $20.00 |
Accepts AUD via EFT and POLi Pay, a very full-featured platform with extensive trading options. Interface can be intimidating at first, but very powerful. |
| BTC Markets | Free incoming, 0.0005 BTC outgoing | Australian Bank Transfer - Free POLi - $3.30 |
Free | Easy to use, can buy and sell, as well as trade various pairs (bitcoin, litecoin, ethereum). Price is sometimes higher than US market due to liquidity. Lower trading fees the higher the volume. More details on fees page. |
| CoinJar | Free (just standard mining fee) | BPAY - Free | 1% | Free deposits if you pay via POLi or BPAY, and free withdrawals to linked bank accounts, this exchange is truly geared towards Australians. Also offers currency-hedged accounts. |
| ACX | Free (Just standard mining fees) | Free | 1% | Australia Crypto Exchange, very trade-focused. Only charge fees on fiat withdrawals, otherwise free to trade. |
| CoinTree | Free (just standard mining fee) | 3% to buy BTC, Free to buy Altcoins | Free to sell BTC, withdrawals not mentioned | Easy to use for the beginner, but otherwise not much information. Supposedly a cheaper option when BTC is on the rise. |
| Mercatox | Varies per coin | Free | Varies per coin | Trade fee is 0.25%. While the UI can seem a bit dodgy, Mercatox often lists altcoins not found on the bigger exchanges. Reasonable exchange. |
| COSS.io | Free | Free | Varies per coin | Very high withdrawal fees, however often has altcoins not found on the other major exchanges. As a result can bag some good deals. However, can be difficult to withdraw coins from. Be wary when using. |
| Name | Cost | Summary |
|---|---|---|
| Trezor (Hardware Wallet) | $83 USD | One of the first hardware wallet options, TREZOR is also an established brand with a quality wallet. Very easy-to-use, even for the non-technical user. |
| Ledger Nano S (Hardware Wallet) | $76 USD | Cheapest hardware option with a screen, Ledger is one of the more reputable wallet-makers, can't go wrong with this option. |
| KeepKey (Hardware Wallet) | $130 USD | Supports Bitcoin, Ethereum, Litecoin, Namecoin, Dogecoin, Dash, and Testnet. Secure, no operating system (less attack surface for malware), passphrase recovery. |
| Ledger HW.1(Hardware Wallet) | $23 USD | A budget hardware wallet. Supports multi-signatures, but biggest trade-off: no screen. Must set up on computer before use. 4-digit pin security, and options for 2-factor auth. Less convenient than it's screen-full counterparts, but still more secure than an online wallet. |
| BitAddress | Free | Free paper wallet (means you generate the code and put it somewhere safe). Runs via client-side Javascript, so make sure to disconnect computer from internet before using. |
| Exchange | Fees | Summary |
|---|---|---|
| Cryptopia | 0.20% | Good reputation and wide selection of altcoins. |
| Poloniex | 0-0.15% - Maker
0.05-0.25% - Taker |
Good interface, easy to deposit money. Personally have never had any trouble, although there have been reports of people getting larger amounts frozen / were unable to withdraw. |
| Bittrex | 0.25% | Wide selection of markets, nearly every currency pair you can think of. Also very easy to use, and great interface. |
| Kraken | 0-0.16% - Maker
0.10-0.26% - Taker |
One of the bigger exchanges with a great interface. Fees decrease with more volume. |
| GDAX | 0% - Maker
0.1-0.25% - Taker |
High-performance exchange with a familiar interface to traders. |