Crypto Exchange comparison
Cointree vs Kraken
Cointree and Kraken both let you buy crypto in Australia, but they serve very different crowds. Cointree is the local veteran — founded in Melbourne in 2013 — with built-in tax tools and a simple DCA setup. Kraken is the global heavyweight, offering 24/7 support, a desktop trading platform, and a lower $5 minimum deposit.
Choose
Cointree
if…
- ›You want a built-in CGT calculator and Australian tax statement — Cointree generates both automatically, Kraken doesn't offer a CGT report.
- ›You want multi-level auto-invest (DCA) that can spread purchases across several coins in one go, not just a single asset.
- ›You prefer phone support during local business hours and a company that's been Australian-owned since 2013.
- ›You want to deposit cash via convenience stores — Cointree supports it, Kraken doesn't.
Choose
Kraken
if…
- ›You want the lowest minimum deposit — Kraken starts at $5 versus Cointree's $25.
- ›You want 24/7 phone and live chat support, not just limited weekday hours.
- ›You prefer a desktop trading platform with advanced charting — Kraken has one, Cointree doesn't.
- ›You want to fund your account with a debit/credit card, Apple Pay or Google Pay — Kraken supports all four, Cointree doesn't.
Where they differ
| Fact | Cointree | Kraken |
|---|---|---|
| Minimum initial deposit | $25 | $5 |
| Built-in CGT calculator | Yes | No |
| Desktop trading platform | No | Yes |
| Customer support hours | Phone/live chat Mon-Fri 10am-2pm AEST | 24/7 phone and live chat |
| Deposit methods | PayID, Osko, crypto, cash at convenience stores | PayID, Osko, debit/credit card, Apple Pay, Google Pay |
Verdict
Choose Cointree for tax-ready Aussie simplicity and multi-coin DCA; choose Kraken for lower minimums, 24/7 support and advanced trading tools.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Cointree | Kraken |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | — | No |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| Crypto trading | Yes | Yes |
| 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 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | Cointree Pty Ltd | Bit Trade Pty Ltd (trading as Kraken) |
| AFSL number | — | 545,124 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,011 |
| Parent / ownership | Privately owned; founded by Shane Stevenson, led by CEO Jess Renden. Strategic minority investment from Indicia Labs Inc. (Silicon Valley) in 2020. | Payward, Inc. (Bit Trade Pty Ltd acquired by Kraken in 2020) |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $25 | $5 |
| Minimum subsequent purchase | $0 | $5 |
| Deposit methods | PayID, Osko bank transfer, Cryptocurrency deposit, Cash via convenience stores | PayID, Osko bank transfer, Debit card (mobile app), Credit card (mobile app), Apple Pay, Google Pay |
| Withdrawal time | Same business day (typically within hours) via Osko/NPP | AUD withdrawals via Osko bank transfer typically same business day (PayID withdrawals not yet supported) |
| platform ux | ||
| iOS app | — | Yes |
| Android app | — | Yes |
| Desktop platform | No | Yes |
| Demo account | No | No |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | authenticator | authenticator |
| Customer support channels | phone, live chat, email, help centre | 24/7 live chat, email, support portal, phone (24/7) |
| Support hours (AU time) | Phone and live chat: Mon-Fri 10am-2pm AEST/AEDT; email/help centre 24/7 | 24/7 (live chat and phone) |
| Education content | structured courses | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| 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 | multiple | single asset |
| After-hours / overnight trading | Yes | Yes |