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BTC Markets vs CoinSpot

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-23

Long-running Melbourne order-book venue with deep AUD liquidity and free instant Osko funding, held back by a high entry-tier trading fee.

Australia's largest exchange by user count, with the widest set of local funding rails and a 0.1 percent market-order fee for anyone who avoids the instant-buy button.

Verdict: CoinSpot

CoinSpot rates higher on our rubric: 4.4 against 4.0 for BTC Markets.

Criterion
Editorial rating
BTC Markets
4.0
CoinSpot
4.4

BTC Markets and CoinSpot, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

BTC Markets and CoinSpot compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBTC MarketsCoinSpot
Editorial rating4.04.4 (favoured on this row)
Published fees0.85% taker at entry tier0.1% market, 1% instant buy
Maker feeTiered by 30-day volume; bitcoin markets pay makers a 0.05 percent rebate0.1 percent on the market-order screen
Taker fee0.85 percent on AUD pairs at the entry tier, falling to 0.10 percent above 5 million Australian dollars a month0.1 percent on the market-order screen
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported34
Countries ranked in11
Ranks first in00
Countries shared11
Security recordNo record on fileNo record on file
Founded20132013
HeadquartersMelbourne, Victoria, AustraliaMelbourne, Victoria, Australia
Last reviewed2026-08-232026-08-23

Where both BTC Markets and CoinSpot are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both BTC Markets and CoinSpot, with each platform's position in that guide.
CountryStatusBTC Markets ranksCoinSpot ranksComparison
AustraliaLegal#8#2Best exchanges there

Frequently asked questions

Is BTC Markets or CoinSpot better?

CoinSpot rates higher on our rubric: 4.4 against 4.0 for BTC Markets. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, BTC Markets or CoinSpot?

BTC Markets: 0.85% taker at entry tier. CoinSpot: 0.1% market, 1% instant buy. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both BTC Markets and CoinSpot?

Both are ranked in our guides for Australia. BTC Markets is ranked in 1 countries in all and CoinSpot in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has BTC Markets or CoinSpot had a security incident?

BTC Markets carries no dated security record on our review yet, a gap in our records rather than a clean bill. CoinSpot carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.

Do BTC Markets and CoinSpot require ID verification?

BTC Markets: required. CoinSpot: required.

The full reviews: BTC Markets and CoinSpot, each with its sources, and every exchange we review.

More comparisons

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