Welcome to Crypto market(Australian Dollar) in Australia

Crypto Exchange in Australia

Crypto currency exchange in Australia with my review

Binance Australia

Website: https://www.binance.com/en-AU

Twitter: @Binance_AUS

• Binance, the world's top exchange for the Australian local market
• Established in July 2020 and operated in compliance with Australian regulators
• Already Australia's largest exchange in terms of trading volume despite being a late starter
• Fully supported by Binance, the system and support are world-class
• Binance is also operating in U.S and Turkey, and has successfully developed local markets in U.S,Australia and Turkey.
  U.S Crypto Market
  Turkish Crypto Market
  

Independent Reserve

Website: https://www.independentreserve.com/

Twitter: @zipmexindonesia

• Founded in 2013
• Australia's second largest cryptocurrency exchange
• The most popular cryptocurrency exchange in Australia until Binance AU joined the market
• Licensed and operating crypto exchanges in New Zealand and Singapore as well as Australia
• Handles stable coins (USDT, USDC)
• The unique feature is that they handle PMGT tokens (Perth Mint Gold Token), which are pegged to gold issued by the Perth Mint in Western Australia.
• Many features other than trading, such as tax reports, automated trading programs, premium accounts with insurance, etc.

Swyftx

Website: https://swyftx.com/

Twitter: @SwyftxAU

• Founded in Brisbane, Queensland, Australia in Jan 2017
• Similar to Independe reserve, popular exchanges in Australia
• Handles a number of coins, but has wide spreads and high sales commissions
• Also operating in New Zealand

Zipmex Australia

Website: https://zipmex.com/au/

Twitter: @Zipmexaustralia

• Cryptocurrency exchanges operating in four countries: Thailand, Indonesia, Singapore, and Australia
  Thai Crypto Market
  Indonesia Crypto Market
  Singapore Crypto Market
• Zipmex is very popular in Thailand
• Issuing its own tokens called ZMT
• Interest service is available, and you can earn interest just by depositing your money.
  About Zipmex Interest service
  
• I personally like this exchange and hope that it will become popular in Australia in the future.

My review of Zipmex's services is below

Zipmex Review 2022

Coinspot

Website: https://www.coinspot.com.au/

Twitter: @coinspotau

• Established in 2013, Australia's oldest cryptocurrency exchange
• Handles over 200 coins, many of which are the same as Swyftx
• Simple and easy-to-use app UI, easy to use for beginners
• In recent years, they have been focusing on NFT business

CoinJar

Website: https://www.coinjar.com/

Twitter: @GetCoinJar

• Founded in May 2013 in Melbourne, Victoria as a bitcoin wallet business
• Currently allows trading of cryptocurrencies
• Also known as the exchange that launched Australia's first cryptocurrency-based Master Card

CoinTree

Website: https://www.cointree.com/

Twitter: @CointreeAus

• Long-established exchange founded in 2013
• Offers OTC services for large and high net worth individuals
• cKnown for its cryptocurrency-based bill payment service in partnership with Gobbill

Digital Surge

Website: https://digitalsurge.com.au/

Twitter: @digitalsurge

• Austrian Cryptocurrency Exchange
• The least popular of all those introduced so far.
• Lowest trading volume and widest spreads

FTX Australia

Website: https://ftx.com/

Twitter: @FTX_AU

• World-renowned FTX crypto currency exchange for the local Australian market
• FTX AU is a crypto asset exchange service for Aussie residents
• Compared to the global version of FTX, the number of stocks handled and types of services are limited, but the design of the exchange is similar and easy to use for FTX users.

History of Crypto in Australia

2013

Independent-Reserve and Cointree Established in 2013

May 1,2013

CoinJar Established

2014

The Australian government has released tax guidelines.

Australian tax authorities have announced that they intend to incorporate Bitcoin capital gains and sales tax guidelines into their 2014 income reporting system

The Australian government is tolerant of Bitcoin.

The Australian government is tolerant of bitcoin; trading, buying, selling and mining of bitcoin is not considered illegal.

May 13,2014

Coinspot Established

Jan 1,2017

Swyftx and Digital Surge Established

2018

The Australian government, through the Australian Centre for Financial Transaction Reporting and Analysis (AUSTRAC), has announced specific plans to implement new rules for virtual currency exchanges.

The main content of the plan is that "digital currency exchanges (DCEs) operating in Australia will need to register with AUSTRAC and meet the government's AML (anti-money laundering) and CTF (counter-terrorist financing) compliance and reporting requirements.

The Australian government has already granted licenses to a number of exchanges

Zipmex Australia established in 2018

July 2020

Binance Australia established

April 27,2022

ETFs (Exchange Traded Funds) linked to the physical price of Bitcoin (BTC) and Ethereum (ETH) begin trading in Australia.