Best Crypto Apps In Australia For 2024Last Updated on January 31, 2024 by Kevin Groves
One of the driving forces behind cryptocurrency’s explosion in popularity is that it’s accessible to anyone. Australians aged under 35 are the most likely demographic to own cryptocurrency. Younger people are doing more and more with their phones, and cryptocurrency exchanges have followed suit.
Now, Australians have many well-designed, fast and powerful smartphone applications at their disposal. This allows them to manage their digital currency portfolios with nothing more than their fingertips. Given the number of apps available, choosing just one can be intimidating. To help with the process, this guide will review some of the top crypto apps in Australia.
Best Crypto Apps For Australians
- Swyftx – Best Overall Crypto App ($20 BTC bonus)
- CoinSpot – Top Crypto App For The General Public
- Digital Surge – Great Crypto App For Buying Crypto
- FTX – Best Australian App For Traders
- Bybit – Best Mobile App For Margin Trading Crypto
- Binance – Best Crypto App For Features
- ZenGo – Best Crypto Wallet App
- Tradingview – Best App For Live Crypto Prices
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Best Crypto Apps in Australia: Our Top Picks…
Crypto apps come with all sorts of features, security measures, and designs. It’s vital to be aware of these factors when picking an app. For example, some apps will come with in-built wallets to store your coins, whereas others can only be used to trade digital currencies.
This section will review and compare our list of the best crypto apps based on our reviews.
1. Swyftx – Best Overall Cryptocurrency App
Swyftx has quickly become one of the market’s most trusted and popular Australian cryptocurrency exchanges. The platform has over 600,000 registered users, and the mobile application boasts 200k+ downloads. Swyftx’s app is available for iOS and Android, with an excellent average star rating of 4.6/5 and is our pick for the best app for crypto for Australians. For first-time users that download and create an account, there is a Swyftx referral code that gives $20 worth of FREE BITCOIN by clicking here.
The Swyftx mobile app is user-friendly, and most major exchange features are accessible with just a swipe and a tap. In terms of security, Swyftx has implemented support for biometric scanning. This makes it easy to sign into your account and removes some anxiety. If you lose your phone, your crypto portfolio will be safe. You can also enable 2FA login to further enhance your account’s security making it a safe app to use.
One of the biggest advantages of Swyftx’s app is that it’s in constant development. The Swyftx team is very responsive to customer feedback and complaints. In previous years, a few reviews lamented the application being a bit laggy and encountering occasional glitches. However, the developers quickly updated the app and fixed these problems. They even added support for dark mode to help protect your eyes.
In terms of features, the Swyftx app has everything a crypto investor would need. Members can trade over 300 different cryptocurrencies, including all the major coins. For instance, Australians can use the app to buy Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as plenty of more obscure digital assets. These can be traded and then stored in the platform’s native wallet.
Swyftx has some of the lowest fees on the Australian market. They charge a flat trading fee of 0.6%, on top of a spread typically around 0.5%. Some competitors such as CoinSpot have fees of over 1% on trades and spreads above 2-3%. Additionally, deposits and withdrawals made with AUD are mostly instant and free. Swyftx offers POLi, PayID, Osko, bank transfer and credit card deposits. There is a $20,000 limit per transaction on deposits and withdrawals, which should be enough for most mobile crypto traders.
One of the few downsides to Swyftx is that they only support AUD and NZD deposits. This won’t be much of an issue for most Australian and New Zealanders. However, traders may use a variety of fiat currencies to diversify their investment portfolios. To avoid foreign exchange fees, traders can convert fiat currencies to a supported stablecoin such as USDC.
Creating an active account on the Swyftx mobile app requires you to pass basic know-your-customer (KYC) protocols. This is because the exchange is registered with AUSTRAC and abides by the government’s regulations. The process is straightforward to complete on mobile and usually only takes five minutes. Overall, Swyftx is a premium app for crypto enthusiasts in Australia.
Read our full Swyftx Review
2. CoinSpot – Best Crypto App For The General Public
CoinSpot is Australia’s most popular cryptocurrency app based on userbase. The platform hosts over 2.5 million registered accounts and has a long track record of security and reliable customer service. CoinSpot was released in 2013, making it one of Australia’s longest-living cryptocurrency apps. In that time, it has built a reputation for being user-friendly and one of the easiest ways to buy crypto with AUD. Their mobile application reflects these philosophies and is available for iOS and Android. The app has an average star rating of 4.25/5 across both operating systems.
CoinSpot has become highly regarded among Australian crypto investors for several reasons. The main factor is how easy it is to sign up, pass KYC protocols, and build your cryptocurrency portfolio. The crypto app is frequently updated and has an extremely smooth UI. Even if you don’t have much exposure to using smartphones, it wouldn’t be too uncomfortable navigating the CoinSpot application. The app also supports dark mode like Swyftx.
Another major reason for CoinSpot’s success is its huge range of digital currencies available for purchase, sale and trading. The platform offers over 350 different cryptocurrencies and is constantly adding more. All these assets can be swapped on the go using the app, allowing you to manage your crypto portfolios from anywhere in the world. For those of you who are looking to invest in altcoins, the CoinSpot app is a viable option.
CoinSpot has a comprehensive earning platform that offers competitive yields on locked-up cryptocurrencies. You can passively earn interest on digital currencies on, including Ethereum, Solana, Cosmos (ATOM) and Avalanche (AVAX) and 15 others at the time of writing.
Regarding fees, the CoinSpot app is reasonable without being great for buying crypto. Instant buys, sells and trades all incur a flat 1% fee, which isn’t too bad given the number of features the application offers. However, CoinSpot does not have a transparent spread, which can run as high as 3-4% on top of the trading fee. The app somewhat compensates for its higher fees by offering instant and free deposit/withdrawal methods such as POLi, PayID and direct deposits. Customers using BPAY will encounter a 0.9% fee, while credit card fees are 2.58% per transaction.
The CoinSpot app encourages its users to enable 2FA and introduced biometric logins in February 2021. The platform has never experienced a significant hack or loss of user funds and is registered with AUSTRAC. Its long-standing safety track record and ease of use make CoinSpot one of the best crypto apps in Australia.
Read our full CoinSpot Review
3. FTX – Best App For Crypto Traders
FTX is one of the newer cryptocurrency exchanges, founded by MIT students Sam Bankman-Fried and Gary Wang in 2019. In its relatively short lifespan, the platform has blossomed into one of the most popular mediums for buying, selling and trading cryptocurrency. Although investors of any skill level can use FTX, its huge range of trading features makes it a compelling choice for traders. FTX also merged with the popular crypto trading platform Blockfolio to offer competitive yield rates on various assets.
It’s worth noting that FTX has two separate mobile applications. The first is known as “FTX” and is targeted newer cryptocurrency investors. Blockfolio originally owned this app, but it now operates under the FTX banner. It allows customers to buy, sell and swap from over 20 digital currencies. This app also has a handy promotion where every trade over $10 gives you a chance to receive a random coin for free.
“FTX Pro” is the advanced version of the FTX mobile app and is intended for veteran crypto traders. This application includes all of the appealing FTX trading features, such as derivatives and leveraged tokens. The list of supported cryptocurrencies is much more comprehensive, with over 250 coins available.
FTX’s smartphone app supports passively earning on seven different coins, including Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH) and USDx. FTX has a native exchange token known as FTT that unlocks a suite of benefits to holders. For example, those who stake FTT will receive lower trading fees, free withdrawals and access to exclusive airdrops. You can only access this via FTX Pro.
FTX’s app is one of the more competitive options on the market with trading fees. However, their structure can be a little confusing for those new to trading, especially given each application has a different set of rules. The FTX and Blockfolio version has free withdrawals and deposits onto the platform.
If you use FTX Pro to trade on the market, there are fees between 0.02-0.07%. However, this rate can be discounted entirely, depending on your account’s trading volume and how many FTT you have staked. The FTX Pro app will also incur various deposit and withdrawal fees. Those withdrawing ERC-20 tokens and small amounts of BTC will have to cover the blockchain fees, and fiat withdrawals of under $10,000 will be charged an extra $75.
Read our full FTX review.
4. Bybit – Best App For Crypto Margin Traders
ByBit is another cryptocurrency platform aimed toward crypto traders looking to buy, sell and swap derivatives. The exchange has more than 3 million registered users and boasts high liquidity on over 75 different digital assets. In a short time, Bybit has become a top-rated margin exchange for traders.
The mobile app is industry-standard and easy to navigate. You can trade crypto with the click of a few buttons, utilise leverage of up to 100x and customise charts to suit their strategies. It’s worth mentioning the app might be a little difficult to use for some people, and derivatives trading is inherently intended for more experienced traders anyway. ByBit app allows you to enjoy access to custom price notifications, so they never miss an entry or exit point, wherever they are in the world. As well as leveraged orders, members can set Stop Loss and Take Profit orders to minimise any damage from a highly volatile market.
Registered ByBit accounts can use BTC, ETH, EOS, XRP and USDT as collateral for margin trades. These assets can all be stored inside a native wallet too. There aren’t many spot markets for BTC trading pairs, which might be a disadvantage for day traders. For example, the Swyftx and Coinspot mobile apps support trading over 300 digital currencies. In contrast, ByBit only offers about half of that range.
A significant potential drawback of ByBit for newer crypto traders is the platform does not accept fiat deposits in AUD. All orders must be executed using one of the five supported cryptocurrencies (BTC, ETH, EOS, XRP and USDT). However, ByBit does offer a “Fiat Gateway” which allows customers to convert their AUD to USDT via a third-party payments provider. Each provider will charge a separate conversion fee, so it’s worth assessing each gateway independently. In addition, ByBit charges a fee of 0.025% on maker orders and 0.075% on taker orders. This makes it an excellent choice for day traders or high-volume investors.
The app’s insurance fund is a significant advantage of the ByBit mobile app. You will be able to recoup any money lost if the ByBit company is to become insolvent. Additionally, those trading risky assets like leveraged tokens can buy into a “mutual insurance” account. If the market reacts unfavourably to an investor’s position, they can mitigate some of their losses through this insurance program.
ByBit also offers some bonus features, such as a comprehensive affiliate program, demo (test) accounts and even trading competitions. Neither the mobile app nor desktop exchange has ever experienced a public hack, and you can enable 2FA on their accounts.
Read our full Bybit Australia review
5. Binance App – Best Mobile App For Crypto Features
Binance is one of the world’s largest cryptocurrency exchanges based on trading volume and user base. The platform was founded in 2017, but has quickly grown to become an industry leader for its features, supported digital currencies and reasonable fees.
Want to start trading? Claim 100 USDT with our Binance referral code.
You can access most of Binance’s features via the mobile app. Perhaps the greatest advantage of this is the platform’s massive range of tradeable assets. Moreover, you can buy, sell and swap between 350+ cryptocurrencies and trade with more than 1500 pairs. However, Australians cannot utilise futures, options and leveraged token pairs, a ruling that came into effect in mid-2021.
The large user base of Binance means the platform enjoys extremely high liquidity, which in turn leads to some of the best fee rates on the market. Spot trading fees are 0.1% per transaction, and market orders start at a 0.04% fee for lower-volume traders. There are typically no withdrawal or deposit fees for most AUD methods. Binance also supports credit card deposits, an advantage the app has over some of its competitors. The fee for this is usually around 3.5%, which is quite high but may be worth it for some investors.
In terms of features, the Binance app is one of the top options for Australians. You can earn over 30+ coins through a savings account, crypto staking platform or liquidity mining. The app is also flush with portfolio trackers, customisable charts, price notifications and a suite of how-to guides.
At first glance, the litany of options available for the Binance app may seem a little overwhelming. To address this, Binance has released a new version of their mobile app suited for the general public – Binance Lite Mode. Binance Lite Mode is a stripped-back version of the Binance platform. It is focused on providing a smooth and intuitive way for investors to trade and earn on their cryptocurrencies. Both versions of the Binance app offer a multi-token wallet that can store a huge range of digital currencies.
Binance is one of the best crypto apps when it comes to security. Given the huge amount of money that passes through the exchange, it can be a prominent target for cyberattacks. However, the platform has implemented various measures to prevent hacks, including address whitelisting, 2FA, and a substantial financial reserve in cold storage.
Read our full Binance Australia Review
6. Zengo App – Best Mobile App To Store Crypto
Most newcomers to cryptocurrency investing will find prominent exchanges like Binance, Swyftx and CoinSpot support suitable wallets to store their digital coins. However, numerous pros come with holding cryptocurrency in a non-custodial wallet such as ZenGo.
ZenGo started as a secure wallet for storing digital currencies but has developed a suite of features. You can connect their ZenGo accounts with DeFi applications, earn interest on their assets, and even pay their salaries in cryptocurrencies. It is available on both the iOS and Google Play stores and has received over 650k downloads.
The ZenGo wallet application uses several security features to help ensure your digital currencies are safe. For starters, the wallet app doesn’t require a seed phrase, which helps remove some of the complexity when using a non-custodial wallet. ZenGo has enabled 3D Biometric Encryption and 3-Factor Authentication, making it extremely difficult for someone else to access your account.
ZenGo has introduced a crypto interest account, where you can earn up to 8% APY on eight different assets (including BTC, ETH and several stablecoins). This is made possible through the platform’s partnership with Nexo. Members can also stake Tezos (XTZ) on-chain to earn a variable rewards rate.
A particularly compelling feature of the ZenGo wallet app is the ability to perform cross-chain trades. Whereas exchanges such as Swyftx, Binance and FTX take custody of your assets to perform these swaps, you remain in control of their funds when trading on ZenGo. The fee rate for buying and trading crypto is around 2%, which is rather high compared to dedicated exchanges such as Swyftx (0.6%). Additionally, members can use WalletConnect to seamlessly use their crypto funds when navigating the growing decentralized finance ecosystem.
ZenGo has a clean user design that is sleek and straightforward to navigate for investors of any experience level. Their customer support is also quite responsive, with a live chat available for urgent inquiries. Overall, those looking for a secure, accessible crypto wallet to store their cryptocurrencies will find ZenGo one of the best apps for storing crypto in Australia.
7. TradingView – Best App For Crypto Charting
TradingView isn’t just a cryptocurrency app – it’s one of the most powerful tools out there for traders of all kinds. The platform was founded in 2015 and has grown to become one of the most popular charting applications on the market.
The allure of TradingView is quite simple. The application allows you to use charts to track assets across a huge range of markets – including cryptocurrency. People can use the platform as an introduction to charts and as a portfolio tracker. TradingView is full of guides and helpful community members for traders to build their understanding of trading and reading charts.
Traders will enjoy TradingView’s customisable charting tools. Each chart comes with a massive range of technical analysis indicators, such as Bollinger Bands, EMAs, RSIs, and the Ichimoku Cloud. These can all be used in conjunction to form advanced trading strategies, identify short and long-term trends, and observe entry/exit positions.
TradingView is a free app, and free accounts come with a base level of features that will satisfy most poeple. The Pro account is $14.95 USD a month, and a Premium account – targeted toward high-volume day traders – will cost $59.95 USD monthly. Customers can trial each of these plans for 30 days, a great way for you to see which account type will best suit their trading requirements.
Those intending to buy and HODL crypto in the long-term may not see the need for a charting/trading application. However, TradingView is as much of a community as it is a trading tool. It can be a great place to discuss crypto, learn how to read charts and see what investors are doing in the market.
8. CoinStats – Best Crypto App For Portfolio Tracking
CoinStats is a mobile cryptocurrency portfolio tracker that was founded in 2017. The platform is one of the top portfolio trackers on the market and can be connected with over 400 different exchanges and wallets. The platform manages over $1bn in crypto assets and has more than 1.2 million registered accounts. It has high-grade encryption and has even expanded its services to offer an earning program on several digital currencies. CoinStats can be downloaded on both the Google Play and Apple App store within Australia.
CoinStats’ integration with most major exchanges and DeFi wallets makes it easy for investors to track their portfolio’s performance with minimal price delay. The app can even break down your holdings per individual platform. For example, it can show you how your Binance exchange account performs compared to your MetaMask DeFi wallet.
The CoinStats application has built an all-in-one DeFi wallet for storing, swapping and earning on certain cryptocurrencies. The wallet is integrated with the Binance Smart Chain, Ethereum and Polygon networks to allow seamless multi-chain swapping without using separate crypto exchanges. This is all possible thanks to CoinStat’s partnership with decentralized exchange provider 1inch.
The CoinStats free account provides most of the platform’s basic features, including tracking 5 portfolios and up to 1,000 transactions. This should be enough for most small-time investors. Those more entrenched in cryptocurrency trading may wish to consider CoinStat’s Premium account, which has a 7-day free trial and costs as little as $9.99 USD per month. This app version supports unlimited portfolios, tracking 1,000,000 transactions, customised price alerts, ad-free browsing and even order fill notifications.
What is a Cryptocurrency app?
A crypto application is any smartphone software that provides a service within the cryptocurrency market. As the sector has evolved, many crypto apps serve multiple purposes, such as buying, trading, selling, spending and monitoring crypto prices. The apps are generally free to download, however, some will require a paid account to utilise all of their features.
Several crypto apps now provide multiple services bundled within a single software. More and more businesses within the blockchain world are partnering with one another to expand the scope of their applications.
However, we can generally break crypto apps up into four different types:
1. Cryptocurrency exchange apps
This is the most common form of cryptocurrency app that you can download onto a mobile phone. Crypto exchange apps primarily focus on buying, selling and swapping digital currencies. Most apps will also include a native multi-token wallet and an earning hub for investors to return a passive profit on their crypto holdings. Examples include: Swyftx, CoinSpot, FTX, Binance.
2. Crypto wallet apps
Many popular desktop wallets and browser extensions also have dedicated mobile software that you can download. Additionally, certain wallets have been developed exclusively for smartphone use. The primary function of wallet applications is to store digital currencies securely. However, several wallets now offer in-built crypto swapping and earning services.
3. Crypto earning apps
Certain applications exist that solely focus on earning interest from cryptocurrency holdings. Typically, these are centralized finance (CeFi) businesses that intend to bridge the gap between traditional finance and the blockchain sector. In this instance, earnings will generally come from lending and borrowing services, much like a high-interest savings account. On the other hand, some earning apps are focussed on DeFi yield methods, such as liquidity mining or staking. Popular interest platforms include Nexo and BlockFi (read our full review on BlockFi).
4. Crypto portfolio tracking apps
Portfolio tracking apps intend to give investors real-time updates on the value of their digital assets in the overall market context. This software often uses application programming interfaces (APIs) to connect to various exchanges and wallets. These apps can continually track your transactions, provide the latest news on the crypto sector and occasionally offer advanced tools like charting and technical analysis indicators. Examples include: CoinStats, CoinMarketCap, TradingView.
Factors to consider before selecting a crypto app
- Function. The first step to choosing a crypto app in Australia is to decide on your personal needs and goals. If you simply want to buy and sell Bitcoin or other cryptocurrencies, it makes sense to select an app that supports this, like Swyftx. On the other hand, if you want a reliable wallet to store your digital currencies, you might decide to use ZenGo’s smartphone app.
- User design and interface. Most crypto mobile apps are designed in a sleek, intuitive manner that most mobile users should feel comfortable using. However, some applications are better-optimised than others. Given how complex and confusing the crypto world can feel for newcomers, it’s a good idea to prioritise an app that is easy to navigate and friendly for users of all experience levels.
- Supported cryptocurrencies. An easy way to eliminate some apps from the decision-making process is to look at the cryptocurrencies they support. For example, if you wanted to invest in a niche ERC-20 token, it might only be available on Binance and CoinSpot. However, suppose you want to invest in more common digital assets like Bitcoin and Ethereum. In that case, you will have a wider range of software to choose between.
- Trustworthiness. It is always a good idea to observe the past customer reviews of an application before deciding if you want to use it. These reviews can provide valuable insight into any issues the app may face, such as bugs, poor loading times or security compromises. The Google Play and Apple App Store have an average star rating and thousands of reviews that can be pored through.
- Security. The last thing you want to happen is for your account on a crypto app to be hacked and your funds stolen. Ensuring that any crypto software you choose has the latest security tech is of utmost importance when selecting an application. Look out for 2-Factor Authentication, Biometric Scanning, Cold Wallet storage and encryption methods.
- Paid accounts and fees. Most mobile cryptocurrency software can be downloaded and installed onto a smartphone for free. However, most apps will have some paid element to them – either in the form of a premium account, or through trading fees. It’s always a good idea to compare the cost-effectiveness of one platform versus its competitors.
- Customer support. Customer support is hugely important when picking the best app for your needs. Particularly for newcomers, getting into crypto can be an intimidating and overwhelming process. You can remove some of this stress by knowing that if anything goes wrong, a helpful and responsive customer support team will be there to assist you.
The cryptocurrency sector is in a constant state of evolution. Australians can access hundreds of different smartphone apps that can improve their crypto trading experience – whether they want to swap digital currencies, earn a passive income or keep up-to-date with the latest news.
Choosing the best app for your needs can be daunting, so it’s important to read reviews and perform diligent research on each offering. The crypto apps in this guide are all fantastic options, each serving a slightly different purpose. It’s quite likely that you will end up using more than one of these applications at some point in your crypto journey.
Ben has a Master’s in Writing, Editing and Publishing from RMIT. He is passionate about crypto and has written about crypto topics for various publications.