Crypto Exchange comparison
Crypto.com vs OKX
Crypto.com and OKX are both major global crypto exchanges with Australian registrations, but they serve different crowds. Crypto.com is the more established local operator (since 2016) with a full AFSL, a debit card ecosystem, and broader payment options including Apple Pay and Google Pay. OKX only launched its Australian entity in 2024 but brings advanced derivatives like options and CFDs — something Crypto.com doesn't offer at all.
Choose
Crypto.com
if…
- ›You want the longest track record in Australia — Crypto.com has been registered locally since 2016 and holds AFSL 467462
- ›You want to fund your account via Apple Pay, Google Pay, or credit/debit card directly without third-party processors
- ›You want a crypto debit card and the broader Crypto.com ecosystem (rewards, card perks)
- ›You value 24/7 phone support for cardholders and a wider range of customer service channels
- ›You prefer a platform with a longer operating history and established Australian corporate structure
Choose
OKX
if…
- ›You want to trade crypto derivatives — OKX supports options and CFDs, which Crypto.com does not
- ›You want a demo account to practise trading before committing real funds
- ›You want the lowest minimum subsequent purchase — OKX has no minimum (A$0) vs Crypto.com's A$1
- ›You want a platform backed by a major global exchange (OKX Group) with deep liquidity across hundreds of crypto pairs
- ›You don't mind a newer Australian entity (2024) and prefer advanced order types and margin trading features
Where they differ
| Fact | Crypto.com | OKX |
|---|---|---|
| Options & CFDs trading | Not supported | Supported |
| Demo account | Not available | Available |
| Deposit methods | PayID, bank transfer, debit/credit card, Apple Pay, Google Pay, crypto deposit | PayID, Osko, bank transfer, debit/credit card (via Simplex/MoonPay/Banxa), crypto deposit |
| Year founded (AU entity) | 2016 | 2024 |
| Customer support channels | Live chat (24/7), email, phone (cardholders), help centre, social media | Email, live chat, in-app help centre |
Verdict
Pick Crypto.com for its established local presence and card ecosystem; pick OKX if you want crypto derivatives and a demo account.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Crypto.com | OKX |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | No |
| Company account | Yes | Yes |
| SMSF account | — | No |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | No |
| ASX ETFs supported | No | No |
| US shares supported | No | No |
| US ETFs supported | No | No |
| Other markets supported | — | |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | No |
| Options trading | No | Yes |
| CFDs supported | No | Yes |
| Crypto trading | Yes | Yes |
| Managed funds | No | No |
| Bonds supported | No | 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 | OKX Australia Pty Ltd |
| AFSL number | 467,462 | 379,035 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,016 | 2,024 |
| 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 | OKX Group (Seychelles-headquartered global crypto exchange, formerly OKEx) |
| 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, bank transfer, debit/credit card (via Simplex, MoonPay, Banxa), crypto deposit |
| Settlement period | — | instant (crypto settles on-chain confirmation; AUD via PayID near-instant) |
| Withdrawal time | Typically near-instant via PayID/NPP; up to 1-2 business days for standard bank transfer | near-instant via PayID/Osko (under 30 minutes typical) |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | Yes |
| Demo account | No | Yes |
| 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, live chat, in-app help centre |
| Support hours (AU time) | 24/7 | 24/7 live chat and email support |
| Education content | video + courses | video + courses |
| tax and reporting | ||
| Australian tax statement | No | No |
| Distribution component breakdown | — | No |
| CGT calculator / report | No | 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 | multiple |
| After-hours / overnight trading | Yes | Yes |