Coinmama in Australia
- Rank in Australia
- #10 of 11
- Bitcoin in Australia
- Legal
- Our rating
- 3.9
- Review updated
- 2026-08-12
Yes. Coinmama serves Australia and ranks tenth 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 and Google Pay; PayID / Osko is the rail local buyers lead with. A commission that varies by payment method and loyalty tier, plus a processing surcharge on card, Apple Pay, and Google Pay purchases, on top of a quoted price that includes a markup over spot. Identity verification is required before your first purchase.
How to pay on Coinmama in Australia
The deposit rails Coinmama offers to buyers in Australia, from our Australia guide reviewed 2026-08-23. Each one links to how that rail works here.
What Coinmama charges, and what it asks for
A commission that varies by payment method and loyalty tier, plus a processing surcharge on card, Apple Pay, and Google Pay purchases, on top of a quoted price that includes a markup over spot. Bank transfers avoid the card surcharge.
- spread note
- Quoted prices include Coinmama's markup over the spot rate; card, Apple Pay, and Google Pay payments add a processing surcharge.
- deposit note
- There are no deposits: you pay per purchase with a card or bank transfer.
- withdrawal note
- There is no withdrawal step; bitcoin is delivered directly to the wallet address you give at checkout.
Identity verification
Required. Identity verification is required before your first purchase.
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. The Corporations Amendment (Digital Assets Framework) Act received royal assent in April 2026 and will require digital asset platforms to hold an Australian Financial Services Licence from ASIC once the framework commences in April 2027. The ATO treats bitcoin as a capital gains tax asset.
Every exchange we rank in Australia
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | Binance | 4.2 | From 0.1% spot, maker and taker | Required | PayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay, P2P trades in Australian dollars |
| 2 | CoinSpot | 4.4 | 0.1% market, 1% instant buy | Required | PayID / Osko, Direct bank deposit, BPAY, Credit or debit card |
| 3 | Kraken | 4.7 | From 0.25% maker, 0.40% taker | Required | PayID / Osko, Direct bank deposit, Credit or debit card |
| 4 | CoinJar | 4.3 | From 0.10% on the exchange | Required | PayID / Osko, Direct bank deposit, Credit or debit card |
| 5 | Independent Reserve | 4.5 | From 0.5%, free bank funding | Required | PayID / Osko, Direct bank deposit, Credit or debit card |
| 6 | Swyftx | 4.4 | From 0.6%, free AUD deposits | Required | PayID / Osko, Direct bank deposit, Credit or debit card |
| 7 | Coinbase | 4.5 | Maker-taker on Advanced Trade | Required | PayID / Osko, Direct bank deposit, Credit or debit card |
| 8 | BTC Markets | 4.0 | 0.85% taker at entry tier | Required | PayID / Osko, Direct bank deposit, Credit or debit card |
| 9 | Digital Surge | 3.3Caution | From 0.5%, free AUD funding | Required | PayID / Osko, Direct bank deposit |
| 10 | CoinmamaThis page | 3.9 | Commission plus card surcharge | Required | PayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay |
| 11 | CEX.IO | 4.0 | Maker-taker; card costs more | Required | Credit or debit card |
Frequently asked questions
Is Coinmama available in Australia?
Yes. Coinmama ranks tenth 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 and Google Pay; PayID / Osko is the rail local buyers lead with. Our Australia guide was last reviewed 2026-08-23 and the Coinmama review on 2026-08-12.
What payment methods does Coinmama accept in Australia?
In Australia, Coinmama takes PayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay and Google Pay. These are the localized rails from our Australia guide, not the platform's global list.
What does Coinmama charge?
A commission that varies by payment method and loyalty tier, plus a processing surcharge on card, Apple Pay, and Google Pay purchases, on top of a quoted price that includes a markup over spot. Bank transfers avoid the card surcharge.
Does Coinmama require identity verification?
Yes. Identity verification is required before your first purchase. Our record marks this as the platform's own policy rather than a Australia rule, so it applies wherever Coinmama 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.
Coinmama elsewhere in Oceania
Coinmama ranks in 144 countries on this site. 12 of its 24 Oceania pages are linked here; the review lists all of them.
Sources
- 99Bitcoins: Coinmama review
- Coin Bureau: Coinmama review
- AUSTRAC: public register of virtual asset service providers
- CoinDesk: Australia passes crypto licensing bill (April 2026)
- Law Society Journal: first Australian digital assets legislation
- Binance: AUD deposits and withdrawals restored (January 2026)






