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This award recognises crypto platforms that offer a diverse range of products beyond the standard trading experience, such as NFTs, earning rewards and debit cards.

Winner: Binance

Binance is committed to innovation and pushing the boundaries of what crypto platforms can offer; if there is such a thing as a crypto super app, this is it.

Binance crypto trading platform extra features winner badge

Highly commended: Coinbase

Coinbase recently launched in the Australian market and brings with it an impressive range of features including its well-known “learning rewards” program.

Coinbase crypto trading platform extra features highly commended badge

Highly commended: Kraken

Kraken’s feature set previously focused on experienced traders, but newer additions such as earning and NFTs appeal to more users than ever before.

Kraken crypto trading platform extra features highly commended badge

Best crypto trading platform – advanced trading

This award takes into account advanced trading features such as order types and charting tools as well as regulatory compliance, liquidity and fees.

Winner: Binance

Binance has an advanced spot market with deep liquidity and is one of the only exchanges licensed to provide derivatives to Australian wholesale clients.

Binance crypto trading platform advanced trading winner badge

Highly commended: Kraken

Kraken’s Pro interface provides Australians with up to 5x leverage across 140+ trading pairs, with rich charting tools and advanced order types.

Kraken crypto trading platform advanced trading highly commended badge

Highly commended: Coinbase

Coinbase has brought its “Advanced Trade” feature down under, giving traders easy access to one of the most liquid crypto markets in the world.

Coinbase crypto trading platform advanced trading highly commended badge

Awards criteria

Here’s how our expert analysts assessed Australian crypto trading platforms to pick the 2023 winner.

Selection criteria

We conducted an extensive review of the cryptocurrency market in Australia in late 2022.

We attempted to include all of the platforms that are registered to operate in Australia, provided they met the requirements set by the Australian Transaction Reports and Analysis Centre (AUSTRAC) to serve Australian residents. We then refined this list by applying Finder’s due diligence procedures.

The result was 25 cryptocurrency exchanges and brokers who were then measured across 61 individual criteria.

The award for “Best Crypto Trading Platform – Overall” was given to the product that had the highest overall score across all 61 criteria.

All other categories were assessed using different combinations of criteria and weightings which depended on the category. For instance, the Value award upweighted scores based on fee data, and omitted criteria relating to advanced trading products.

For more details on the specific weightings used in each category, read our full methodology.

2022 winners

2023 marks the second consecutive year of Finder’s Crypto Trading Platform Awards.

The 2023 program builds on our previous analysis, taking into consideration even more data points and evaluating a larger number of platforms.

Take a look at the 2022 Finder Crypto Exchange Award winners.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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