Crypto.com vs Independent Reserve
Crypto.com and Independent Reserve both let you buy and sell crypto in Australia, but they serve very different crowds. Crypto.com is a global giant with a massive coin selection, a flashy app, and 24/7 support — ideal if you want the kitchen sink. Independent Reserve is a lean, Australian-owned exchange that punches above its weight on tax reporting and account types, including SMSF and trust accounts.
- ›You want access to a huge range of cryptocurrencies beyond just the top 20
- ›You prefer a polished mobile app with 24/7 live chat and phone support
- ›You want to deposit via debit/credit card, Apple Pay, or Google Pay instantly
- ›You value a desktop trading platform alongside the mobile app
- ›You want multiple auto-invest options (e.g. dollar-cost averaging into several coins)
- ›You need an Australian tax statement or CGT report generated for you at tax time
- ›You want to open a joint, trust, or SMSF account — not just individual or company
- ›You prefer a founder-led Australian company that's been operating since 2013
- ›You want to deposit with PayPal or use SWIFT for USD/NZD/SGD transfers
- ›You want zero minimum for subsequent purchases and no minimum to start
Where they differ
| Fact | Crypto.com | Independent Reserve |
|---|---|---|
| Crypto selection | 250+ coins | ~30 coins |
| Australian tax statement | Not provided | Provided |
| Account types | Individual, company | Individual, joint, company, trust, SMSF |
| Desktop platform | Available | Not available |
| Customer support hours | 24/7 live chat and phone | 24/7 portal; phone in Sydney business hours |
Pick Crypto.com for breadth and polish; pick Independent Reserve for Australian tax tools and serious account flexibility.
Common questions
How do Crypto.com and Independent Reserve compare on crypto selection?
Crypto.com: 250+ coins. Independent Reserve: ~30 coins. Crypto.com offers a vastly wider range of tokens.
How do Crypto.com and Independent Reserve compare on australian tax statement?
Crypto.com: Not provided. Independent Reserve: Provided. Independent Reserve generates a tax statement and CGT report; Crypto.com does not.
How do Crypto.com and Independent Reserve compare on account types?
Crypto.com: Individual, company. Independent Reserve: Individual, joint, company, trust, SMSF. Independent Reserve supports far more account structures.
When is Crypto.com the better choice over Independent Reserve?
Pick Crypto.com if you want access to a huge range of cryptocurrencies beyond just the top 20; you prefer a polished mobile app with 24/7 live chat and phone support; you want to deposit via debit/credit card, Apple Pay, or Google Pay instantly; or you value a desktop trading platform alongside the mobile app.
When is Independent Reserve the better choice over Crypto.com?
Pick Independent Reserve if you need an Australian tax statement or CGT report generated for you at tax time; you want to open a joint, trust, or SMSF account — not just individual or company; you prefer a founder-led Australian company that's been operating since 2013; or you want to deposit with PayPal or use SWIFT for USD/NZD/SGD transfers.
Crypto.com or Independent Reserve — what's the verdict?
Pick Crypto.com for breadth and polish; pick Independent Reserve for Australian tax tools and serious account flexibility.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Crypto.com | Independent Reserve |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| 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 | Foris DAX AU Pty Ltd | Independent Reserve Pty Ltd |
| AFSL number | 467,462 | — |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,016 | 2,013 |
| Parent / ownership | 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 | Privately owned; founder-led (Adrian Przelozny, CEO) |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $0 | $0 |
| Minimum subsequent purchase | $1 | $0 |
| Deposit methods | PayID, Bank transfer (NPP), Debit card, Credit card, Apple Pay, Google Pay, Crypto deposit | PayID, Osko, EFT bank transfer, SWIFT (USD/NZD/SGD), Debit card, Credit card, PayPal, PayNow (SGD) |
| Withdrawal time | Typically near-instant via PayID/NPP; up to 1-2 business days for standard bank transfer | Same day for PayID instant withdrawals; 1-2 business days for EFT |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | No |
| Demo account | No | No |
| Free real-time market data | Yes | Yes |
| Free research reports | Yes | No |
| 2FA support | authenticator | authenticator |
| Customer support channels | Live chat (24/7 in-app & web), Email, Phone (cardholders only), Help centre, Social media | email, support portal, phone (business hours) |
| Support hours (AU time) | 24/7 | 24/7 portal support; phone in Sydney business hours (AET) |
| Education content | video + courses | basic articles |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| CGT calculator / report | No | Yes |
| 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 |