In This article will focus on finding the ideal CoinSpot alternatives for trading crypto. There are some exchanges that stand out if you need enhanced CoinSpot trading features, lower fees, or more cryptocurrencies available for trading.
For newbies and more experienced traders, these platforms offer a level of security and ease of use that makes them worthy alternatives to CoinSpot.
Key Points & Best CoinSpot Alternatives
Exchange | Key Highlights |
---|---|
Swyftx | Beginner-friendly, 420+ coins, 0.6% trading fee, strong Australian support |
Binance | Global leader, 600+ coins, low fees (0.1%), advanced trading tools |
eToro | Social trading, regulated, spread-based fees, ideal for passive investors |
Cointree | Australian-based, simple interface, supports tax reporting, 160+ coins |
Kraken | Established in 2011, strong security, margin trading, NFT marketplace |
Digital Surge | 300+ coins, 0.5% fee, 24/7 support, great for Aussie users |
Bybit | Derivatives-focused, copy trading, low fees (0.025–0.1%), 360+ coins |
Coinbase | US-based, easy UI, 245+ coins, higher fees (1.4–3.99%), strong reputation |
Crypto.com | Visa card, staking, 229+ coins, beginner-friendly, 0.04–0.4% fees |
BingX | Copy trading, futures, global reach, competitive fees, growing popularity |
10 Best CoinSpot Alternatives
1. Swyftx
Swyftx, established in 2018, is one of the best Australian cryptocurrency exchanges, with over 440 digital assets.
It boasts a tiered trading fee system that ranges from 0.6% to 0.1%, depending on your 30-day trading volume, and boasts no fees on AUD or crypto deposits and withdrawals.

With operations limited to Australia and New Zealand, Swyftx is AUSTRAC-registered and ISO 27001 certified, thus providing great security and compliance.
Its friendly user interface, demo mode, and integrated tax tools functionality, make it a great option for Australian crypto users. It is a great alternative to CoinSpot for Australian crypto users.
Pros | Cons |
---|---|
Over 440 cryptocurrencies supported | Limited advanced trading features |
AUSTRAC-registered with ISO 27001 security certification | Higher spreads compared to some competitors |
User-friendly interface suitable for beginners | Limited fiat-to-crypto options |
Demo trading mode for practice | Limited international availability |
Supports SMSF accounts | Limited margin trading options |
2. Binance
Binance is one of the biggest cryptocurrency exchanges in the world and is best in the industry for features and pricing.
Launched in 2017, it has over 350 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), and has a complete suite of services, including spot, margin, and futures trading.
Users complete transactions with minimum fees of 0.1% and can get discounts with high trading volumes and by holding BNB.

Users can complete transactions in AUD, but users should understand the local regulations that impact its use in Australia.
Even with regulatory challenges, Binance is the best option for users that want advanced trading tools and a wide variety of cryptocurrencies.
Pros | Cons |
---|---|
Extensive range of over 350 cryptocurrencies | Regulatory scrutiny in several countries |
Low trading fees starting at 0.1% | Complex interface for beginners |
Advanced trading features including futures and staking | Limited fiat-to-crypto options in some regions |
High liquidity and deep order books | Occasional withdrawal delays |
Supports multiple fiat currencies including AUD | Limited customer support options |
3. eToro
Since 2007, eToro has provided over 100 countries with the opportunity to trade with over 70 cryptocurrencies, including Bitcoin, Ethereum, XRP, and over 100 other assets.
eToro is available to over 100 countries and has regulatory approval in the UK, EU, and Australia. Due to the user’s casual investor status, eToro’s 0.75% spread pricing is transparent and user friendly.

eToro’s copy trading feature allows beginners to passively trade by mirroring the strategies of seasoned investors, making eToro even more beginner-friendly. eToro also has a social trading model, so investors can communicate with each other.
Pros | Cons |
---|---|
User-friendly interface suitable for beginners | Higher fees compared to some competitors |
Offers social trading features like CopyTrader™ | Limited range of cryptocurrencies |
Regulated by ASIC in Australia | Limited advanced trading features |
Supports multiple asset classes including stocks and ETFs | Limited fiat-to-crypto options |
Provides a demo account for practice | Limited margin trading options |
4. Cointree
Cointree serves as a good option to consider instead of Coinspot, particularly for Australians who prioritize ease of use and tax considerations.
Established in 2013, it has over 160 cryptocurrencies to choose from, comprising both large and new tokens.
Trading fees which are based on your account tier, start off at 0.9%, and discounts apply to frequent traders.

Cointree’s obvious advantage is the in-house tax reporting feature, and it is built for investors who prioritize tax compliance.
It is designed for the Australian audience which has local payment options and Australian tailored educational materials for new traders while offering efficiency for experienced traders.
Pros | Cons |
---|---|
Over 200 cryptocurrencies supported | Higher fees starting at 0.75% for buying crypto |
User-friendly interface suitable for beginners | Limited advanced trading features |
Supports multiple fiat currencies including AUD | Limited international availability |
Offers tax reporting tools for Australian users | Limited margin trading options |
Provides portfolio tracking and alerts | Limited customer support options |
5. Kraken
As one of the best CoinSpot alternatives, Kraken offers excellent security features and operates worldwide. Kraken was built in 2011 and has since built a portfolio of over 200 cryptocurrencies which includes altcoins and stablecoins.
The maker-taker fee model which starts at 0.16% is a good incentive for users of Kraken who will actively trade.

Kraken is available in 190 countries, and has great compliance with regulations in the United States, the European Union, and Australia.
Advanced users who want more than the buy/sell interface available on CoinSpot will appreciate Kraken’s unique features which include margin trading, futures, and staking with over 15 coins.
Pros | Cons |
---|---|
Supports over 200 cryptocurrencies | Complex interface for beginners |
Advanced trading features including margin and futures trading | Higher fees for certain trading pairs |
High liquidity and deep order books | Limited fiat-to-crypto options |
Strong security measures including two-factor authentication | Limited customer support options |
Supports multiple fiat currencies including AUD | Limited mobile app functionality |
6. Digital Surge
Digital Surge stands out as a CoinSpot alternative, particularly for Australian clientele who value ease and quick customer service.
Established in 2017, the platform provides access to a diverse range of 300+ digital currencies, including popular altcoins and stablecoins.

Daily investors appreciate the platform’s affordability, given the 0.5% flat trading fee. However, what distinguishes it from others is the instant AUD deposit and withdrawal feature
As well as the seamless, user-friendly interface designed for newcomers. Besides being Australian-centric, the platform’s integrated tax reporting and automated portfolio tracking features enhance convenience and compliance.
Pros | Cons |
---|---|
Over 400 cryptocurrencies supported | Limited advanced trading features |
Low trading fees starting at 0.5% | Limited fiat-to-crypto options |
User-friendly interface suitable for beginners | Limited international availability |
Supports multiple fiat currencies including AUD | Limited margin trading options |
Provides portfolio tracking and alerts | Limited customer support options |
7. Bybit
Bybit serves as a great CoinSpot alternative for those looking for sophisticated trading options and worldwide reach.
Established in 2018, it offers more than 360 cryptocurrencies, in addition to derivatives, and supports popular coins.

Starting maker-taker fees of 0.025% makes it one of the cheapest options for active traders. Bybit provides spot, futures and options trading and serve more than 160 countries.
Copy trading, access to a launchpad, and staking rewards are some of the advanced features obsessed traders will enjoy.
Pros | Cons |
---|---|
Advanced trading features including perpetual futures and margin trading | Complex interface for beginners |
High liquidity and deep order books | Limited fiat-to-crypto options |
Supports multiple cryptocurrencies including altcoins | Limited international availability |
Offers advanced charting and analysis tools | Limited customer support options |
Provides demo trading mode for practice | Limited mobile app functionality |
8. Coinbase
Coinbase is one of the best alternatives to CoinSpot for users focused on simplicity, safety, and worldwide reach.
Established in 2012, it offers over 245 cryptocurrencies, including the larger and more prominent coins, and cryptocurrency tokens.
Its fee range is from 1.49% to 3.99%, depending on the payment option, which makes it more suitable to casual traders and investors and not to high volume traders.

Coinbase operates in more than 100 countries and has strong compliance with the regulations in the US, UK, and the EU.
The platform is user friendly as well as having insured custodial wallets, and beginners to crypto also appreciate the educational rewards.
Pros | Cons |
---|---|
User-friendly interface suitable for beginners | Higher fees compared to some competitors |
Supports a wide range of cryptocurrencies | Limited advanced trading features |
Provides educational resources for new users | Limited fiat-to-crypto options |
Offers a secure wallet for storing cryptocurrencies | Limited margin trading options |
Provides portfolio tracking and alerts | Limited customer support options |
9. Crypto.com
Crypto.com is a great alternative to CoinSpot for those looking for a versatile cruising the world crypto ecosystem. Established in 2016, it offers more than 229 cryptocurrencies, including the most important coins and DeFi tokens.

Tiered trading fees go from 0.075% to 0.4% and there are discounts for CRO token holders. Available in more than 90 countries, Crypto.com has unique features like a Visa debit card, an NFT marketplace, and staking directly in the app.
Designed with a mobile-first approach, it is perfect for those wanting the financial tools to perform other crypto operations besides trading.
Pros | Cons |
---|---|
Supports a wide range of cryptocurrencies | Higher fees compared to some competitors |
Offers a crypto debit card for spending | Limited advanced trading features |
Provides staking rewards for holding certain cryptocurrencies | Limited fiat-to-crypto options |
Offers a secure wallet for storing cryptocurrencies | Limited margin trading options |
Provides portfolio tracking and alerts | Limited customer support options |
10. BingX
BingX could be a good choice, especially for those who want to trade from anywhere in the world or want unique features. Being operational since 2018, BingX is home to 500+ cryptocurrencies, trending tokens, and derivatives.
Cost of trades is relatively affordable 0.075%, and more affordable if users are VIP. BingX is operational in 100+ countries, especially Asia, Europe, and Australia.

One of the best features of BingX is copy trading, where users can watch and follow the trades of successful investors in real-time. For different trading strategies, the platform also offers spot, futures, and grid trading.
Pros | Cons |
---|---|
Supports a wide range of cryptocurrencies | Limited advanced trading features |
Offers social trading features like copy trading | Limited fiat-to-crypto options |
Provides a user-friendly interface suitable for beginners | Limited international availability |
Offers a secure wallet for storing cryptocurrencies | Limited customer support options |
Provides portfolio tracking and alerts | Limited mobile app functionality |
Conclsuion
In conclusion For a smooth trading experience, picking the correct cryptocurrency exchange is very important.
Although CoinSpot is well-known, its competitors have distinct benefits such as cheaper costs, a broader selection of digital currencies, and more sophisticated trading features.
Whatever your requirements may be—beginner-friendly attributes, security, or versatility in trading—these platforms give great solutions for Australian traders looking for dependable and effective alternatives to CoinSpot.
FAQ
What are the best alternatives to CoinSpot?
Some of the top alternatives include Swyftx, Binance, eToro, Cointree, Kraken, Digital Surge, Bybit, Coinbase, Crypto.com, and BingX.
Why consider alternatives to CoinSpot?
Alternatives may offer lower fees, more cryptocurrency options, advanced trading tools, or better user experience.
Are these exchanges safe?
Yes, most are regulated and implement strong security measures like two-factor authentication and ISO certifications.
Which platform has the lowest trading fees?
Binance and Swyftx are known for competitive trading fees, starting as low as 0.1%.
Can beginners use these exchanges?
Yes, platforms like Swyftx, eToro, and Coinbase are beginner-friendly with easy-to-use interfaces and demo accounts.