BTC Markets vs Crypto.com
BTC Markets is a pure Australian crypto exchange founded in Melbourne in 2013, while Crypto.com is a global platform with a much broader product suite. The biggest practical difference is that BTC Markets offers native Australian tax reporting (CGT reports, tax statements) and Sharesight integration — Crypto.com leaves you to sort out your own crypto tax. Crypto.com counters with a lower minimum buy-in ($1 vs $30) and 24/7 live chat support.
- ›You want an Australian-owned exchange with local tax reporting built in (CGT calculator, tax statement, Sharesight integration).
- ›You prefer a straightforward crypto exchange without the app ecosystem, card products, and DeFi features that come with Crypto.com.
- ›You want to deposit via BPAY or Osko with zero withdrawal fees and no inactivity fees.
- ›You need trust or SMSF account structures for your crypto investing.
- ›You want to start trading with as little as $1 — Crypto.com has no minimum initial deposit and a $1 minimum subsequent purchase.
- ›You value 24/7 live chat support and phone support (for cardholders) over business-hours-only email.
- ›You want access to a broader ecosystem including a crypto card, DeFi wallet, and educational video courses.
- ›You prefer a desktop platform alongside the mobile app, plus free research reports.
Where they differ
| Fact | BTC Markets | Crypto.com |
|---|---|---|
| Australian tax statement / CGT report | Yes (tax statement + CGT calculator) | No |
| Minimum initial deposit | $30 | $0 |
| Minimum subsequent purchase | $30 | $1 |
| Customer support hours | Business hours (Mon-Fri) | 24/7 live chat |
| Auto-invest sophistication | Single asset level | Multiple level |
Choose BTC Markets for Australian tax simplicity and local ownership; choose Crypto.com for lower minimums, 24/7 support, and a broader crypto ecosystem.
Common questions
How do BTC Markets and Crypto.com compare on australian tax statement / cgt report?
BTC Markets: Yes (tax statement + CGT calculator). Crypto.com: No. BTC Markets handles your crypto tax reporting natively; Crypto.com requires third-party tools.
How do BTC Markets and Crypto.com compare on minimum initial deposit?
BTC Markets: $30. Crypto.com: $0. Crypto.com has no barrier to entry; BTC Markets requires a $30 minimum.
How do BTC Markets and Crypto.com compare on minimum subsequent purchase?
BTC Markets: $30. Crypto.com: $1. Crypto.com lets you DCA in tiny amounts; BTC Markets has a $30 floor.
When is BTC Markets the better choice over Crypto.com?
Pick BTC Markets if you want an Australian-owned exchange with local tax reporting built in (CGT calculator, tax statement, Sharesight integration); you prefer a straightforward crypto exchange without the app ecosystem, card products, and DeFi features that come with Crypto.com; you want to deposit via BPAY or Osko with zero withdrawal fees and no inactivity fees; or you need trust or SMSF account structures for your crypto investing.
When is Crypto.com the better choice over BTC Markets?
Pick Crypto.com if you want to start trading with as little as $1 — Crypto.com has no minimum initial deposit and a $1 minimum subsequent purchase; you value 24/7 live chat support and phone support (for cardholders) over business-hours-only email; you want access to a broader ecosystem including a crypto card, DeFi wallet, and educational video courses; or you prefer a desktop platform alongside the mobile app, plus free research reports.
BTC Markets or Crypto.com — what's the verdict?
Choose BTC Markets for Australian tax simplicity and local ownership; choose Crypto.com for lower minimums, 24/7 support, and a broader crypto ecosystem.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | BTC Markets | Crypto.com |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | No |
| Company account | Yes | Yes |
| Trust account | Yes | — |
| SMSF account | Yes | — |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | — | No |
| ASX ETFs supported | — | No |
| US shares supported | — | No |
| US ETFs supported | — | No |
| Other markets supported | — | |
| Fractional shares (ASX) | — | No |
| Fractional shares (US) | — | No |
| Options trading | — | No |
| CFDs supported | — | No |
| Crypto trading | Yes | Yes |
| Managed funds | — | No |
| Bonds supported | — | No |
| IPO access | No | No |
| costs hidden | ||
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | — |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | BTC Markets Pty Ltd | Foris DAX AU Pty Ltd |
| AFSL number | AFSL via sister entity BTCM Payments Pty Ltd (BTC Markets itself is not AFSL-licensed for spot crypto, as spot crypto is not a regulated financial product) | 467,462 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,016 |
| Parent / ownership | Privately owned, Australian; headquartered in Richmond, Melbourne (Victoria) | Foris DAX MT (Malta) Limited (ultimate parent of the Foris DAX / Crypto.com group); Australian entities Foris DAX AU Pty Ltd and Foris GFS Australia Pty Ltd |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $30 | $0 |
| Minimum subsequent purchase | $30 | $1 |
| Deposit methods | PayID, Osko, BPAY, Direct Credit / EFT bank transfer, Bank card (debit/credit) | PayID, Bank transfer (NPP), Debit card, Credit card, Apple Pay, Google Pay, Crypto deposit |
| Withdrawal time | AUD withdrawals typically 1 business day (NPP/Osko often same-day where available) | Typically near-instant via PayID/NPP; up to 1-2 business days for standard bank transfer |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | No | No |
| Free real-time market data | Yes | Yes |
| Free research reports | No | Yes |
| 2FA support | authenticator | authenticator |
| Customer support channels | email, support portal / help centre | Live chat (24/7 in-app & web), Email, Phone (cardholders only), Help centre, Social media |
| Support hours (AU time) | Business hours (approx. 9am-5pm AET), Mon-Fri; help centre 24/7 self-service | 24/7 |
| Education content | basic articles | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | No |
| CGT calculator / report | Yes | No |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | single asset | multiple |
| After-hours / overnight trading | Yes | Yes |