Alternatives to Coinbase
Coinbase is one of the world's best-known crypto exchanges, offering access to 240+ digital assets with auto-invest features and a simple interface. It's a solid choice for beginners, but some Australian investors look elsewhere due to higher fees compared to local exchanges, limited advanced trading features, or a desire for SMSF support with lower costs. We've rounded up 7 alternatives worth considering, each with a different angle — from low-fee Aussie platforms to exchanges with derivatives trading and personal broker support.
Australian-owned with 320+ coins, zero monthly fees, and SMSF support — often cheaper than Coinbase for local traders.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Lower fees than Coinbase, auto-invest from $5, and SMSF accounts supported with a strong security reputation.
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Offers crypto options and CFD trading Coinbase doesn't, with auto-invest and zero monthly platform fees.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Aussie exchange with just 0.01% trading fees and auto-invest from $1 — far cheaper than Coinbase's fee structure.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Dedicated crypto advisor service from $500 minimum — a personal touch Coinbase's self-serve model can't match.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Australian-regulated exchange with SMSF support, auto-invest, and no monthly fees — simpler and cheaper than Coinbase.
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Strong for spot and derivatives trading with DCA auto-invest, zero monthly fees, and no Coinbase-style spread markups.
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Common questions
Is Coinbase expensive compared to Australian crypto exchanges?
Generally yes. Coinbase charges wider spreads and higher transaction fees than most Australian-owned exchanges. Local platforms like those offering 0.01% trading fees or flat fee structures can work out significantly cheaper, especially for regular or larger trades.
Can I use an SMSF with Coinbase alternatives?
Yes, many crypto exchanges in Australia support SMSF accounts. If you're managing a self-managed super fund, look for platforms that explicitly offer SMSF-compatible accounts with proper compliance documentation and dedicated support for trustees.
What features does Coinbase lack that other crypto exchanges offer?
Coinbase doesn't support crypto options trading, derivatives, or margin trading on its standard platform. Several alternatives offer these advanced features alongside lower fees, auto-invest options, and local Australian regulation and support.
Are Coinbase alternatives safer for Australian investors?
Safety depends on the platform. Some alternatives are Australian-regulated and hold an Australian Financial Services licence, which can offer stronger local consumer protections. Always check whether a platform is registered with AUSTRAC and holds appropriate licences before depositing funds.