The Australian government has a favorable position on cryptocurrency and blockchain technology. It also allows people to make investments in the digital currencies. In the words of the Australian Minister for Financial Services, Jane Hume Crypto is likely to be a source of increasing importance.
Many foreign crypto exchanges are available for use in Australia and provide users with a wide range of how they can acquire and store their cryptos. There are numerous mobile apps which allow users to keep their accounts up-to-date as well as track price trends and trades, as well as transact cryptosand much more.
Each app offers a diverse variety of features, and certain apps will suit particular types of investors more than other apps. In this article we’ll review the top crypto apps Australian individuals are able to download and use for daily portfolio checks and keep up-to-date on the latest market trends.
1. CoinSpot
CoinSpot is the top cryptocurrency exchange in Australia You can look over our thorough evaluation of CoinSpot for more information. The CoinSpot application is designed to iOS and Android phones, and prior experience in trading is not required for getting started. CoinSpot crypto app comes with access to more than 370 coins. This is great to those searching for the most popular crypto application in Australia to diversify their portfolios. The process of registering an account with CoinSpot is easy and account verification is swift.
CoinSpot app allows quick and easy deposits using POLi bank accounts, POLi PayID. But, BPAY transactions incur a cost of 0.9 percent of the value of the transaction, which is paid by BPAY. CoinSpot costs only 0.1 percent per day on market orders as well as OTC trades and is the most affordable price in Australia. However, you’ll need be charged 1% to enjoy the convenience of the instant purchase and sell. We believe it’s worth it because of the ease to buy and sell crypto using this application.
2. Binance App
One of the top applications for crypto trading that is available in Australia can be found in the Binance App Australia. You’ll have access to the most popular Binance cryptocurrency exchange that has over 1,000 markets. It allows cryptocurrencies that are exchanged against Australian dollars. Australian dollar, for example BTC/AUD as well as the ETH/AUD. The entire crypto market that are hosted by the Binance application can be downloaded for no cost using iOS as well as Android devices. They charge an additional fee per slide.
The Binance application lets you pay fees using the native currency, BNB, resulting in the reduction of 25. Charges are also reduced when trading large amounts. This will be appealing to those who have experience in day trading and have a higher tolerance to risk. There are also charts and indicators that are technical All of them are designed specifically to work with the Binance mobile application.
3. CoinJar App
CoinJar is a well-known Australian exchange that is ranked just behind CoinSpot. It combines the ease of traditional banking along with the advanced technological advancements of the digital currency, which allows Australians to transfer money into their bank accounts without not requiring foreigners to utilize cryptocurrency. Every cryptocurrency is kept in a Coinjar wallet.
The introduction of the CoinJar application has significantly improved the user’s convenience. The app allows users to check their crypto balances, and then purchase, pay or send Bitcoin as well as more than 20 other crypto currencies. Your balance can be accessed anytime, and users only require a few clicks complete transactions. While this is true certain features are not available in the CoinJar application, which is accessible via the browser.
4. Coinbase App Australia
Coinbase was recognized to be one of the more secure and user-friendly cryptocurrency apps in Australia. It takes just 10 minutes to create an account, and includes KYC authentication process, and then you are able to access over 50 different digital currency. The most popular coins traded by Coinbase include Bitcoin, Ethereum, Dogecoin, Shiba Inu, and Cardano.
But, you can’t buy Binance Coin, or even XRP on this website as many users have reported problems with connection speed and slowness using the application. But the Coinbase application allows deposits using Visa or MasterCard as well as debit and credit cards. The costs for this payment method are 3.99 percent of the transaction’s value, and much more when buying lesser than 200 dollars’ worth of crypto.
5. Swyftx App
Swyftx offers an app that works on iOS as well as Android smartphones which is highly rated by Australian clients who are retail. The Swyftx application and trading platform are both user-friendly which makes it a great alternative for those who has no prior knowledge of trading in cryptocurrencies.
Swyftx offers access to over the 290 digital currencies that are suitable for beginners and looking to build an array of currencies. However, more experienced users might prefer an exchange that has more coins and trading pairs. Concerning the Swyftx app’s pricing structure, it’s quite but it is cluttered, which can affect the user experience. A variety of payment options are accessible, allowing you to withdraw and deposit Australian dollars with no fees for transactions. There is a deposit limit of $100,000. limitation however, so when you’re searching for an exchange with a large value, you might need to consider other options like CoinSpot that has no limits on deposits..
6. Etoro
Established in 2007, eToro currently provides trading services to more than 25 million users, many of whom are foreign and are not located in Australia. While it is not the case that many Australians are using eToro but it is still licensed and controlled by ASIC. In addition, eToro has been approved by regulators in three countries: the United States, the United Kingdom as well as Cyprus. To trade through the eToro application, you’ll have to sign up for an account. It generally is less than five minutes.
Once you have funded your account After you have deposited your money, you can use the eToro application gives you immediate access to an array of 59 digital currency. It’s a moderate amount of coins, however If you’re looking for more options it is recommended to use an alternative exchange. The most popular coins you can buy include Bitcoin, Ethereum, EOS, Dash, Monero, XRP, BNB, Bitcoin Cash, AAVE Decentraland and a variety of other cryptocurrencies at the click of one button. Additionally, when you invest in cryptocurrency via the eToro app, you’ll need to invest at least $10 for each trade. This could make some investors hesitant. prefer investing in smaller amount.
7. Digital Surge
Based on Digital Surge, you can make deposits instantly making use of PayID and POLi. In terms of charges, POLi will cost you between $2 to $3.30 but PayID transactions are completely free. The commission for trading is 0.5 percent per slide. The amount of commission you pay is reduced if you make more than $100,000 of trades in the course of a 30 day period.
Digital Surge is a crypto app comes loaded with extra features and tools. It also is a wallet for crypto which allows you to secure save your digital assets. You can also monitor what you are Earn from your Crypto in real-time and create personalised price alerts. Support for customers is available on Digital Surge’s Digital Surge app via live chat.
8. Independent Reserve
Independent Reserve offers a mobile trading app that is compatible with iOS as well as Android devices. Users can purchase and sell, as well as store cryptocurrency and keep track of portfolios and price fluctuations through the app’s user-friendly interface. It is designed for novices as well as experienced traders trading, transactions can be completed quickly and safely. You just need to create your account free of charge, make a deposit and start trading within moments.
9. Kraken
The Kraken cryptocurrency application is available for iOS as well as Android and comes with a straightforward interface. We like the way Kraken allows users to make deposits in Australian dollars through an international bank transfer starting at $5. This highly rated cryptocurrency application is ideal for investors who wish to begin small. In addition, if you opt to transfer funds via Osko the deposit will be paid out almost immediately.
The Kraken application supports more than 65 digital currencies in relation to markets that are supported. It uses the model of maker/taker pricing that limits commissions for trading at 0.26 percent of the slide. If you trade in larger quantities, you’ll be given an enticingly low commission.
10. Zipmex
The majority of cryptocurrency traders believe that desktop computers provide the most favorable conditions for trading. The computer is equipped with a bigger screen, it is possible that more of the vital information that traders make their trading decisions on can be seen simultaneously. Trading charts will also be more easily to view. But it is not the case that all cryptocurrency traders require desktop computers to conduct trading. Many prefer trading cryptocurrency using their mobile phones. If you’re one those traders, you’ll be happy to learn that Zipmex’s trading platform also mobile-friendly. Zipmex Australia has a fantastic mobile application that is compatible with Android or iOS devices.
It is easy to download the Zipmex Australia mobile app from the app store on your mobile device. The app is available to download from both Google Play and the Apple App Store.
