crypto exchange alternatives

Alternatives to CoinSpot

CoinSpot is one of Australia's best-known crypto exchanges, offering a low 0.01% trading fee, auto-invest from just $1, and SMSF support. It's a solid choice for straightforward crypto buying and selling. However, you might want an alternative if you're after advanced trading features like options or futures, a wider range of coins, or a platform that also lets you trade traditional shares. Some investors also prefer exchanges with different fee structures or custody models. Here are 7 alternatives to CoinSpot worth considering.

By Investmatch Research Team · Last updated 18 May 2026
#1 alternative
Swyftx
Australian-owned crypto exchange — 320+ coins, auto-invest, SMSF support, zero minimum deposit.

Offers 320+ coins compared to CoinSpot's smaller selection, with zero minimum deposit and SMSF support.

ASX ETFs supported
No
Auto-invest / DCA
Yes
Monthly platform fee
$0/month
#2 alternative
Kraken
Crypto exchange with auto-invest from $5. SMSF accounts supported.

A globally trusted exchange with strong security, auto-invest from $5, and SMSF accounts.

Auto-invest / DCA
Yes
Monthly platform fee
$0/month
#3 alternative
OKX
Crypto exchange with options and CFD trading. Not real share ownership — crypto only.

Supports options and CFD trading, unlike CoinSpot which sticks to spot crypto only.

ASX ETFs supported
No
Auto-invest / DCA
Yes
Monthly platform fee
$0/month
#4 alternative
Bybit
Crypto exchange for spot and derivatives. DCA auto-invest, zero monthly fees.

Specialises in derivatives and futures trading with up to 125x leverage, not available on CoinSpot.

Auto-invest / DCA
Yes
Monthly platform fee
$0/month
#5 alternative
Independent Reserve
Australian crypto exchange — zero monthly fees, auto-invest, and SMSF accounts.

An Australian exchange with competitive fees, auto-invest, and a focus on regulatory compliance.

Auto-invest / DCA
Yes
Monthly platform fee
$0/month
#6 alternative
Coinbase
Crypto exchange — buy, sell and auto-invest in 240+ digital assets from $0 minimum.

A global leader with 240+ coins, strong security track record, and SMSF account support.

ASX ETFs supported
No
Auto-invest / DCA
Yes
#7 alternative
BTC Markets
Australian crypto exchange from $30 minimum. Auto-invest, SMSF, no monthly fees.

An established Australian exchange with SMSF support, auto-invest, and no monthly platform fees.

Auto-invest / DCA
Yes
Monthly platform fee
$0/month

Common questions

What are the main reasons to switch from CoinSpot?

You might switch if you want access to more coins, advanced trading features like futures or options, or a platform that also lets you trade ASX or US shares. Some investors also prefer different fee models or custody arrangements.

Are there crypto exchanges with lower fees than CoinSpot?

CoinSpot's 0.01% trading fee is already very competitive. Some exchanges offer zero-fee tiers for certain order types or higher-volume traders. Always compare the full fee schedule including spreads and withdrawal costs, not just the headline rate.

Can I trade shares and crypto on the same platform?

Most crypto-only exchanges like CoinSpot don't offer share trading. If you want both in one place, look for platforms that support ASX or US shares alongside crypto. These are typically brokerages that have added crypto features rather than pure crypto exchanges.

Which exchanges support SMSF accounts for crypto?

Several Australian crypto exchanges support SMSF accounts, including CoinSpot, Swyftx, Independent Reserve, BTC Markets, and Kraken. Check whether the exchange offers dedicated SMSF account structures and what reporting tools they provide for your auditor.