Best Cryptocurrency Exchanges in Australia with Lowest Withdrawal Fees
Australia has emerged as a crypto-savvy nation with a growing number of traders and investors entering the digital currency world. Whether you're a beginner looking to dip your toes or a seasoned trader optimizing costs, choosing the right exchange is crucial. One of the most overlooked — yet highly impactful — costs is withdrawal fees. In this guide, we’ll explore the best cryptocurrency exchanges in Australia with the lowest withdrawal fees, so you can trade smart and save more in 2025.
Understanding Cryptocurrency Exchange Fees
Before diving into specific platforms, it's essential to grasp the types of fees exchanges typically charge:
- Trading Fees: A percentage charged when buying or selling crypto.
- Deposit Fees: Fees for adding fiat or crypto funds to your account.
- Withdrawal Fees: Charges applied when transferring funds out of the exchange.
Among these, withdrawal fees often vary based on the cryptocurrency, network congestion, or the exchange’s policy.
Why Low Withdrawal Fees Matter for Australian Crypto Traders
For many Aussies actively engaged in crypto, frequent withdrawals to secure wallets or other platforms are common. Over time, even a $3 fee per withdrawal adds up significantly. Here’s why minimizing withdrawal fees makes a difference:
- Lower total cost of ownership (especially for active traders)
- Enhanced flexibility in managing assets
- Greater ROI for long-term holders
Key Factors to Consider When Choosing a Crypto Exchange in Australia
Besides withdrawal fees, these factors are also crucial when selecting the right platform:
| Factor | Why It Matters |
|---|---|
| Security | Protects your funds from hacks and scams. |
| User Interface | Makes trading easy and efficient. |
| Supported Coins | Allows access to a variety of cryptocurrencies. |
| Regulation | Ensures compliance and legal protections under AU law. |
7 Best Cryptocurrency Exchanges in Australia with Lowest Withdrawal Fees (2025)
1. Swyftx
Overview: A user-friendly platform based in Brisbane, Swyftx is ideal for beginners and intermediate traders.
Withdrawal Fees: $0 for AUD withdrawals via bank transfer. Crypto withdrawal fees vary by network but are generally low.
Pros:
- Low spreads
- Free AUD withdrawals
- Staking available
Cons:
- Limited advanced trading tools
2. CoinSpot
Overview: One of Australia's most established crypto exchanges with a wide selection of coins.
Withdrawal Fees: Free AUD withdrawals. Crypto fees vary (e.g., 0.0005 BTC for Bitcoin).
Pros:
- High-security rating
- Over 370 supported coins
Cons:
- Higher buy/sell spread compared to some global platforms
3. Binance Australia
Overview: The local arm of global giant Binance. Offers deep liquidity and competitive trading fees.
Withdrawal Fees: Crypto withdrawal fees are minimal (e.g., 0.0002 BTC). AUD withdrawal via PayID is free.
Pros:
- Extensive trading tools
- High liquidity
Cons:
- More complex interface for beginners
4. Independent Reserve
Overview: A Sydney-based exchange with a strong reputation for compliance and business-grade services.
Withdrawal Fees: Free AUD withdrawals via EFT. Crypto withdrawal fees depend on the asset.
Pros:
- Supports SMSF investing
- Strong regulatory compliance
Cons:
- Limited coin offering compared to others
5. Digital Surge
Overview: Known for its sleek UI and Australian customer support, Digital Surge is beginner-friendly.
Withdrawal Fees: No AUD withdrawal fees. Competitive crypto withdrawal costs.
Pros:
- Bill payment with BTC feature
- Transparent fee structure
Cons:
- No advanced trading interface
6. Kraken
Overview: A global exchange with a solid presence in Australia, Kraken is known for security and liquidity.
Withdrawal Fees: Varies by coin (e.g., 0.00015 BTC for Bitcoin). AUD withdrawals via bank transfer are free.
Pros:
- Advanced trading tools
- 24/7 global support
Cons:
- Interface can be overwhelming for new users
7. Cointree
Overview: A Melbourne-based exchange catering to everyday Aussie investors.
Withdrawal Fees: AUD withdrawals are free. Crypto fees vary by network but are transparently displayed.
Pros:
- Simple and clear layout
- Auto-buy features
Cons:
- Limited charting tools
Best Cryptocurrency Exchanges in Australia with Lowest Withdrawal Fees
Australia has emerged as a crypto-savvy nation with a growing number of traders and investors entering the digital currency world. Whether you're a beginner looking to dip your toes or a seasoned trader optimizing costs, choosing the right exchange is crucial. One of the most overlooked — yet highly impactful — costs is withdrawal fees. In this guide, we’ll explore the best cryptocurrency exchanges in Australia with the lowest withdrawal fees, so you can trade smart and save more in 2025.
Understanding Cryptocurrency Exchange Fees
Before diving into specific platforms, it's essential to grasp the types of fees exchanges typically charge:
- Trading Fees: A percentage charged when buying or selling crypto.
- Deposit Fees: Fees for adding fiat or crypto funds to your account.
- Withdrawal Fees: Charges applied when transferring funds out of the exchange.
Among these, withdrawal fees often vary based on the cryptocurrency, network congestion, or the exchange’s policy.
Why Low Withdrawal Fees Matter for Australian Crypto Traders
For many Aussies actively engaged in crypto, frequent withdrawals to secure wallets or other platforms are common. Over time, even a $3 fee per withdrawal adds up significantly. Here’s why minimizing withdrawal fees makes a difference:
- Lower total cost of ownership (especially for active traders)
- Enhanced flexibility in managing assets
- Greater ROI for long-term holders
Key Factors to Consider When Choosing a Crypto Exchange in Australia
Besides withdrawal fees, these factors are also crucial when selecting the right platform:
| Factor | Why It Matters |
|---|---|
| Security | Protects your funds from hacks and scams. |
| User Interface | Makes trading easy and efficient. |
| Supported Coins | Allows access to a variety of cryptocurrencies. |
| Regulation | Ensures compliance and legal protections under AU law. |
7 Best Cryptocurrency Exchanges in Australia with Lowest Withdrawal Fees (2025)
1. Swyftx
Overview: A user-friendly platform based in Brisbane, Swyftx is ideal for beginners and intermediate traders.
Withdrawal Fees: $0 for AUD withdrawals via bank transfer. Crypto withdrawal fees vary by network but are generally low.
Pros:
- Low spreads
- Free AUD withdrawals
- Staking available
Cons:
- Limited advanced trading tools
2. CoinSpot
Overview: One of Australia's most established crypto exchanges with a wide selection of coins.
Withdrawal Fees: Free AUD withdrawals. Crypto fees vary (e.g., 0.0005 BTC for Bitcoin).
Pros:
- High-security rating
- Over 370 supported coins
Cons:
- Higher buy/sell spread compared to some global platforms
3. Binance Australia
Overview: The local arm of global giant Binance. Offers deep liquidity and competitive trading fees.
Withdrawal Fees: Crypto withdrawal fees are minimal (e.g., 0.0002 BTC). AUD withdrawal via PayID is free.
Pros:
- Extensive trading tools
- High liquidity
Cons:
- More complex interface for beginners
4. Independent Reserve
Overview: A Sydney-based exchange with a strong reputation for compliance and business-grade services.
Withdrawal Fees: Free AUD withdrawals via EFT. Crypto withdrawal fees depend on the asset.
Pros:
- Supports SMSF investing
- Strong regulatory compliance
Cons:
- Limited coin offering compared to others
5. Digital Surge
Overview: Known for its sleek UI and Australian customer support, Digital Surge is beginner-friendly.
Withdrawal Fees: No AUD withdrawal fees. Competitive crypto withdrawal costs.
Pros:
- Bill payment with BTC feature
- Transparent fee structure
Cons:
- No advanced trading interface
6. Kraken
Overview: A global exchange with a solid presence in Australia, Kraken is known for security and liquidity.
Withdrawal Fees: Varies by coin (e.g., 0.00015 BTC for Bitcoin). AUD withdrawals via bank transfer are free.
Pros:
- Advanced trading tools
- 24/7 global support
Cons:
- Interface can be overwhelming for new users
7. Cointree
Overview: A Melbourne-based exchange catering to everyday Aussie investors.
Withdrawal Fees: AUD withdrawals are free. Crypto fees vary by network but are transparently displayed.
Pros:
- Simple and clear layout
- Auto-buy features
Cons:
- Limited charting tools