Looking for a trustworthy crypto exchange in 2025? In this Binance review Australia 2025, we break down whether Binance is still a top choice for Australian traders. From fees and AUD deposit options to security, features, and tax compliance — here’s everything you need to know.
Quick Verdict – Is Binance Still Worth Using in Australia?
Yes — Binance remains one of the best cryptocurrency exchanges for Australian users in 2025. With ultra-low trading fees (as low as 0.075%), access to over 350 coins, AUD support, and advanced trading features, it offers unmatched value. However, users should be aware of past regulatory scrutiny and ensure they comply with ATO tax obligations.
Is Binance Legal and Safe in Australia?
Binance is legal to use in Australia, although it has faced regulatory attention in previous years. As of 2025, Binance complies with AUSTRAC requirements and continues to operate for Australian residents.
On the safety front, Binance uses:
- Two-factor authentication (2FA)
- Cold wallet storage for most funds
- The Secure Asset Fund for Users (SAFU) — an insurance reserve
- IP whitelisting and device management
While no exchange is risk-free, Binance has not suffered a major breach since tightening its security practices in response to global scrutiny.
AUD Deposits and Withdrawals on Binance
Binance supports a variety of AUD funding methods, including:
- PayID and Osko (fast and free)
- Bank transfers
- Credit/debit card purchases (with higher fees)
- Crypto deposits
Most Aussie users prefer PayID for instant AUD deposits with zero fees. Binance also offers AUD trading pairs for popular coins like BTC, ETH, and BNB.
Binance Australia Trading Fees (2025)
One of Binance’s biggest advantages is its low fee structure.
| Account Type | Maker Fee | Taker Fee | With BNB Discount |
|---|---|---|---|
| Regular User | 0.10% | 0.10% | 0.075% |
| VIP Tiers | Lower | Lower | Up to 25% off |
Binance fees are significantly cheaper than competitors like CoinSpot (which charges up to 1%) or Swyftx (0.6%).
Features for Australian Traders
Binance Australia users get access to the full suite of features, including:
- Spot trading across 350+ cryptocurrencies
- Staking for coins like SOL, ADA, and MATIC
- Futures and margin trading (check regional availability)
- Binance Earn for passive income via savings and liquidity pools
- NFT marketplace, Launchpad, and Dual Investment products
Whether you’re a beginner or an advanced trader, Binance has the tools and depth to support your strategy.
Binance Mobile App Experience (Australia)
The Binance mobile app is available on both iOS and Android and is one of the highest-rated crypto apps in Australia.
- Real-time charts and alerts
- Easy AUD deposits via PayID
- Full access to trading, staking, and withdrawals
- Secure biometric login
The 2025 update has further improved app stability and user experience, based on user feedback from the Australian market.
Binance vs CoinSpot vs Swyftx (Australia Edition)
| Feature | Binance | CoinSpot | Swyftx |
|---|---|---|---|
| Year Founded | 2017 | 2013 | 2018 |
| AUD Support | ✅ Yes | ✅ Yes | ✅ Yes |
| Trading Fees | 0.10% (0.075% w/ BNB) | 1.00% | 0.6% |
| No. of Coins | 350+ | ~400 | ~320 |
| Margin/Futures Trading | ✅ Yes | ❌ No | ❌ No |
| App Ratings (AU) | ★★★★☆ | ★★★☆☆ | ★★★★☆ |
Verdict: Binance is best for active traders and those seeking advanced features. CoinSpot is beginner-friendly but has higher fees.
View our complete list of exchanges here with Coin Camp
Tax and ATO Compliance: What Aussies Need to Know
The ATO treats crypto as an asset, not a currency. That means:
- Capital gains tax (CGT) applies when you sell/trade crypto
- Binance provides transaction history to help with reporting
- Tools like Koinly and CryptoTaxCalculator integrate with Binance
Staying compliant is easy if you keep records. Binance’s export tools and third-party tax apps make it straightforward for Aussie users.
Final Verdict – Should Australians Use Binance in 2025?
✅ Pros:
- Lowest fees for Aussie users
- Great AUD support
- 350+ cryptocurrencies
- Advanced trading features
- Robust security
⚠️ Cons:
- Some features geo-restricted in the US and parts of Europe
- Less beginner-focused than CoinSpot
- Past regulatory issues (now resolved in AU)
Bottom Line: Binance remains the most feature-rich and cost-effective exchange for Australians in 2025 — especially for those who want more than just buying and selling crypto.
Frequently Asked Questions (FAQs)
Yes, Binance is registered with AUSTRAC and legal for Australians to use in 2025.
Yes, via PayID, Osko, and bank transfer with no fees for most methods.
Binance doesn’t directly report to the ATO, but users must declare crypto activity. Binance provides downloadable reports for tax purposes.
CoinSpot for beginners and Kraken for fiat security, but Binance offers the best overall value and features.