- As the price of Bitcoin hovers just below $50,000, Australians are looking to trade cryptocurrencies again.
- There are a number of Australian exchanges as well as global ones that allow users to buy, sell and hold digital assets.
- Heres a list of Australian crypto exchanges.
The cryptocurrency market might be taking a breather after Bitcoins rapid run up to $50,000, but interest goes on unabated.
The wildly volatile digital asset has amassed its fair share of both supporters and detractors. The risks and rewards inherent in trading it are well-known but for those looking to dip their toes, heres a guide on the local exchanges where Australians might begin to trade.
Note: the fees listed here may not include the spread – the difference in price paid and price charged – unless explicitly stated otherwise.
Launching in 2019, Swyftx has grown to be one of Australias largest exchanges, hosting more than 180 cryptocurrencies. It charges 0.6% commissions on most trades in addition to a 0.41% spread, with no deposit or withdrawal fees on most trades.
It also has a dedicated support team, with live chat available 24/7.
This Melbourne-based exchange was founded back in 2013 and allows users to trade a wide range of assets – above 16 ...
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