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Australia

Binance in Australia

Rank in Australia
#1 of 11
Bitcoin in Australia
Legal
Our rating
4.2
Review updated
2026-08-12

Yes. Binance serves Australia and ranks first of the 11 exchanges in our Australia guide, on fees, security record and local payment support. Here it takes PayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay and P2P trades in Australian dollars; PayID / Osko is the rail local buyers lead with. Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Identity verification is mandatory for all users; there is no unverified tier.

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Rank in Australia
#1 of 11
Fees
From 0.1% spot, maker and taker
KYC
Required
Pays with in Australia
PayID / Osko, Direct bank deposit, Credit or debit card +3
Currency
Australian dollar (AUD)

How to pay on Binance in Australia

The deposit rails Binance offers to buyers in Australia, from our Australia guide reviewed 2026-08-23. Each one links to how that rail works here.

What Binance charges, and what it asks for

Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.

maker
0.1% at the base tier, falling with 30-day volume and BNB holdings
taker
0.1% at the base tier, falling with 30-day volume and BNB holdings
spread note
Instant buy and card purchases include a spread on top of the disclosed fee; the spot order book is the cheap way in.
deposit note
SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.
withdrawal note
Bitcoin withdrawals charge a network-based fee that varies with congestion.

Identity verification

Required. Identity verification is mandatory for all users; there is no unverified tier.

2 costs by action, on the Binance review

Binance's security and regulatory record

10 dated events on our record since 2019, 6 of them breaches, enforcement actions, insolvencies or outages. Newest first.

  1. Licence

    Failed to obtain a MiCA licence and stopped serving EU clients

  2. Licence

    Abu Dhabi regulator licensed the main Binance.com platform

  3. Outage

    Pricing failure forced liquidations, 283 million dollars repaid

  4. Resolved

    SEC dropped its 2023 lawsuit against Binance and its founder

  5. Enforcement

    Nigeria held a Binance compliance executive for eight months

All 10 events with detail and sources, on the review

Every exchange we rank in Australia

Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.

Bitcoin exchanges ranked in Australia by our editorial review of fees, security record and local payment support, with the payment methods each one offers here.
#ExchangeRatingFeesID checkPays with
1BinanceThis page4.2From 0.1% spot, maker and takerRequiredPayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay, P2P trades in Australian dollars
2CoinSpot4.40.1% market, 1% instant buyRequiredPayID / Osko, Direct bank deposit, BPAY, Credit or debit card
3Kraken4.7From 0.25% maker, 0.40% takerRequiredPayID / Osko, Direct bank deposit, Credit or debit card
4CoinJar4.3From 0.10% on the exchangeRequiredPayID / Osko, Direct bank deposit, Credit or debit card
5Independent Reserve4.5From 0.5%, free bank fundingRequiredPayID / Osko, Direct bank deposit, Credit or debit card
6Swyftx4.4From 0.6%, free AUD depositsRequiredPayID / Osko, Direct bank deposit, Credit or debit card
7Coinbase4.5Maker-taker on Advanced TradeRequiredPayID / Osko, Direct bank deposit, Credit or debit card
8BTC Markets4.00.85% taker at entry tierRequiredPayID / Osko, Direct bank deposit, Credit or debit card
9Digital Surge3.3CautionFrom 0.5%, free AUD fundingRequiredPayID / Osko, Direct bank deposit
10Coinmama3.9Commission plus card surchargeRequiredPayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay
11CEX.IO4.0Maker-taker; card costs moreRequiredCredit or debit card

Full comparison in the Australia guide

Frequently asked questions

Is Binance available in Australia?

Yes. Binance ranks first of the 11 exchanges in our Australia guide, ranked on fees, security record and local payment support. Here it takes PayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay and P2P trades in Australian dollars; PayID / Osko is the rail local buyers lead with. Our Australia guide was last reviewed 2026-08-23 and the Binance review on 2026-08-12.

What payment methods does Binance accept in Australia?

In Australia, Binance takes PayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay and P2P trades in Australian dollars. These are the localized rails from our Australia guide, not the platform's global list.

What does Binance charge?

Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.

Does Binance require identity verification?

Yes. Identity verification is mandatory for all users; there is no unverified tier. Our record marks this as the platform's own policy rather than a Australia rule, so it applies wherever Binance operates.

Is bitcoin legal in Australia?

Bitcoin is fully legal in Australia. Exchanges must register with AUSTRAC and meet anti-money-laundering obligations, a requirement in force since April 2018, with expanded obligations under the 2024 AML reforms phasing in from July 2026.

Has Binance had security incidents or regulatory action?

Our record for Binance lists 10 dated events since 2019: 1 breach, 4 enforcement actions, 1 outage, 1 proof-of-reserves attestation, 1 resolved case and 2 licences. The most recent, on 2026-06-25: Failed to obtain a MiCA licence and stopped serving EU clients. Each event carries a source on the Binance review.

Binance elsewhere in Oceania

Binance ranks in 181 countries on this site. 12 of its 21 Oceania pages are linked here; the review lists all of them.

Sources