Are you a crypto trader in Australia looking for the best peer-to-peer crypto exchanges in Australia? This guide will teach you all you need to identify a good peer-to-peer exchange online.
Australia has been a significant player in the cryptocurrency industry with so many crypto traders for the past decade. As at the time of writing this post, you can trust any of these top peer-to-peer (P2P) crypto exchanges to help you trade digital assets safely and securely.
What is a Crypto Peer-to-Peer Exchange?
A crypto peer-to-peer exchange is an exchange that allows users to trade cryptocurrencies without interference or a central account to which money is sent.
List of 10 Best Peer-to-Peer Crypto Exchange In Australia
Here’s a list of the top 10 best crypto peer-to-peer platforms in Australia
1. LocalBitcoins
LocalBitcoins, a peer-to-peer crypto exchange, is located in Finland. It allows users to purchase and sell Bitcoins and other cryptocurrencies without the involvement of a third party. LocalBitcoins has been a popular cryptocurrency exchange in Australia.
LocalBitcoins is a user-friendly platform. It’s easy to navigate and use. It also features an escrow system that protects buyers and sellers against fraud. LocalBitcoins makes it easy to sell and buy cryptocurrencies.
2. Paxful
Paxful is one of the most popular peer-to-peer crypto exchanges in Australia. You can pay with various payment options, such as bank transfer, credit/debit cards, or even PayPal. You can also purchase Bitcoin using gift cards from major retailers like Amazon, Walmart, iTunes, and Google.
Paxful is a highly user-friendly platform, and its interface makes it simple to sell and buy bitcoin. A great customer support team is also available that is always willing to assist.
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3. BitQuick
BitQuick is one of the most popular peer-to-peer crypto exchanges in Australia. BitQuick makes it easy to purchase and sell cryptocurrency, and BitQuick has an easy-to-use interface. BitQuick is easy to use and allows you to buy and sell cryptocurrency without previous experience.
BitQuick is also one of the most secure cryptocurrency exchanges in Australia. To protect your account, it uses 2-factor authentication. BitQuick also stores your funds in cold storage to ensure hackers cannot access them.
4. Coinbase
Coinbase is one of the most well-known peer-to-peer cryptocurrency exchanges. It lets users buy and sell Bitcoins, Ethereums, Litecoins, and other cryptocurrencies. Coinbase also provides a wallet service that allows users to store their cryptocurrency.
Coinbase is an easy-to-use exchange that is great for beginners. It is simple to use and has a clean interface. Coinbase offers 24-hour customer support.
Coinbase is a safe and secure cryptocurrency exchange. It uses 2-factor authentication, and all cryptocurrencies are stored in offline wallets. Coinbase is also protected against theft and hacking.
5. Coinmama
Coinmama, a peer-to-peer cryptocurrency exchange in Australia, is very popular. It is an excellent option for anyone looking to sell or buy crypto.
Coinmama’s interface is simple and intuitive, making it easy to use. You can also pay for your purchases using bank transfer, credit/debit cards, or PayPal, and it is easy to find the correct payment method for you.
Coinmama offers a wide range of coins, and it supports many altcoins and significant coins such as Bitcoin and Ethereum.
It is an excellent choice for people who want to invest in more cryptocurrencies.
6. VirWox
VirWox is one of the most popular peer-to-peer crypto exchanges in Australia. They have an easy-to-use interface and offer many features.
VirWox lets you buy and sell various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. You can also store your coins on their platform with the built-in wallet.
VirWox charges 0.5% for every trade you make. They do not charge fees for withdrawals or deposits.
7. Changelly
Changelly is one of the most popular peer-to-peer crypto exchanges in Australia. Their platform is simple to use and perfect for beginners in crypto trading. They offer low fees, making them an excellent choice for traders looking to reduce trading costs. Changelly offers a mobile application that allows you to trade wherever you are. Changelly is an excellent choice for anyone looking for an easy platform to trade crypto in Australia.
8. Shapeshift
Shapeshift is an Australian peer-to-peer cryptocurrency exchange. It allows users to trade cryptocurrencies directly without using a third-party exchange, and it is an excellent option for anyone looking to trade cryptocurrency.
Shapeshift also has a mobile app that makes it easier for users to use. It allows users to trade and buy cryptocurrencies while on the move, and you can also track the prices of various cryptocurrencies with ease.
Shapeshift is safe and secure to use. Two-factor authentication is used to protect accounts, and it protects user funds from hackers by keeping them in cold storage.
9. Binance
Binance offers a rich and feature-rich cryptocurrency trading platform. However, it is not available in Australia and is not recommended for beginners. It is worth noting because of the wide range of services it offers and its competitive fees. Binance offers a wide range of services, including margin trading, futures, and P2P. You also have access to more than 300 cryptocurrency coins.
PayID and OSKO are easy ways to deposit AUD without any fees and immediately start trading instantly. If you’re serious about trading, Binance is a great choice. You can automate your strategy with their platform, which integrates with third-party bots and has meager fees of 0.1%.
10. Kraken Exchange
Kraken shares many similarities with Binance, especially when offering various services and coins at low fees. Kraken is more focused on security and offers fewer coins.
It is located in the US and must comply with strict regulations. It is one of the most secure international exchanges, and it offers advanced trading and competitive maker/taker fees.
You can also instantly buy and sell for a fee of 1.5 percent—many great features, including futures trading, margin trading, and stake.
The Best Website To Buy Bitcoin in Australia
The best way to buy Bitcoin in Australia is with credit and debit cards, including our top pick, eToro. You can buy Bitcoin instantly with your credit card on eToro without fees. However, deposits made with credit cards are affordable, except for those who use a Coinbase debit card, which costs 3.99%.
Conclusion
Choosing the best cryptocurrency exchange in Australia for security, fees, support coins, customer service, and other important aspects of investing in digital currency is crucial. This guide will help you understand the difference between providers and give you a clear idea of what they offer.
If you’re new or old to crypto trading and looking for the best peer-to-peer crypto exchanges in Australia, this will go a long way to help you identify them. If you have any question or recommendation, feel free to use the comment session.
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- I am a professional article and e-book writer with 4 years of experience, I write on well research content on cryptocurrency, stocks, loans and finances.
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