I have used Binance for a long time and I felt good using it, reason for that is because KYC wasn’t mandatory on that exchange. As of now Binance requests KYC for every user and in a few weeks everybody using Binance must do KYC and I don’t like that so I want to switch to a different exchange. I searched some up but have not found any real good things that pull me to their exchange, so I was wondering. Do you guys have any thoughts on a few other exchanges? I also know I must not use Robinhood because they really suck.

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The one issue that a lot of people have with CoinSpot is that it charges higher-than-normal trading fees. Users can take advantage of the numerous deposit and withdrawal options which include PayID, POLi, direct bank deposits, BPAY, and Cash. CoinSpot is also among an exclusive club of exchanges in Australia that allow the purchase and sale of decentralized finance tokens. Because of this, some people start on CoinSpot and then move onto other platforms for the lower fees. CoinSpot stands out due to the massive number of trading pairs available. Some may opt for other platforms that offer a similar service, experience and dashboard, but charge lower fees.

The platform is completely safe, offering users lots of peace of mind. A potential downside for many traders is that the platform does not offer any supper for altcoins. Independent Reserve has also added a KPMG tax tool. CoinJar is one of the older crypto exchanges in Australia – right here – . Insurance for Premium Accounts. Features that make it easy to trade on the platform. CoinJar is perfect for beginners as it has very competitive fees.

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Swyftx also assigns all their users an account manager who is available to answer any questions you have or resolve any issues you run into. CoinSpot is great for beginners, with its easy-to-use dashboard. Swyftx also caters to experienced traders by allowing them to have custom dashboards, use TradeView charting, see preferred metrics on their homepages, generate tax reports and activate regular deposits. Sign up to Swyftx with this link. Because of this, Swyftx stands out as a great platform for new traders and those who need help or who are new to cryptocurrency trading. The dashboard does not have any clutter on it, helping beginners start buying and selling different cryptocurrencies as soon as they sign up.

This platform allows for the use of AUD, offering instant withdrawals and deposits. You can buy and sell over 220 different cryptocurrencies and coins, making it a great option for those who would like to trade a large selection of cryptocurrencies and coins. This fund is to be used to refund users in case of a data breach. Despite Digital Surge being a smaller cryptocurrency exchange, it offers stellar services that are on par with the services provided by other, larger exchanges. Its fees stand at 0.1% which is incredibly low. Day traders who do lots of regular trades would be best served by using Binance. If you are looking for further discounts, you can use BNB tokens. Binance also has a Safety Asset Fund. The platform also allows margin trading for those who want the option.