Binance Australia
6.5
Trust Score™
VS
CoinSpot
7.9
Trust Score™
🏆 CoinSpot takes the higher Trust Score™ · Binance Australia wins 3 categories, CoinSpot wins 9. CoinSpot lists more coins.

Overview

Binance AustraliaCoinSpot
Trust Score™ / 10 6.5 7.9
Status Regulatory changes Operating normally
Founded 2017 (9 yrs) 2013 (13 yrs)
Headquarters Global (AU entity: Investbybit Pty Ltd) Melbourne, Australia

Regulation

Binance AustraliaCoinSpot
AUSTRAC registered
AFSL held

Fees

Binance AustraliaCoinSpot
Maker fee 0.1% 0.1%
Taker fee 0.1% 0.1%
Instant buy 1%
AUD deposit PayID, Bank transfer PayID, BPAY, Direct deposit, Cash (Blueshyft)
Deposit fee Free Free

Assets

Binance AustraliaCoinSpot
Coins listed 350+ 500+
Staking
NFTs

Security & health

Binance AustraliaCoinSpot
Security incidents 1 1
Proof of reserves
Insurance / fund
Cold storage
Two-factor auth

Support & platforms

Binance AustraliaCoinSpot
AU-based support
Support hours 24/7 7 days/week
Channels chat chat, email
Apps Web, iOS, Android Web, iOS, Android

Trust Score™ pillar by pillar

PillarBinance AustraliaCoinSpot
Security 7.0 7.0
Regulation 4.0 8.0
Transparency 5.0 7.0
Fees 9.0 8.0
Company stability 6.0 9.0
Liquidity 9.0 8.0
Customer support 6.0 8.0
User experience 7.0 9.0

Who should choose which?

Binance Australia

Best if you want advanced, low fees, large selection.

Read Binance Australia review →
CoinSpot

Best if you want beginners, smsf, staking. Wider coin selection.

Read CoinSpot review →

Binance Australia vs CoinSpot — FAQ

Is Binance Australia or CoinSpot better?

On our Trust Score, CoinSpot edges it (6.5 vs 7.9). Across the full comparison Binance Australia wins 3 categories and CoinSpot wins 9. But "better" depends on what you need — CoinSpot lists more coins, and regulation, support and app quality may matter more to you than the headline score.

Which is cheaper, Binance Australia or CoinSpot?

Their market (maker) fees are the same (0.1%). The real difference usually comes down to spreads and deposit methods — using a market order and free PayID/bank deposits keeps costs down on either.

Are Binance Australia and CoinSpot safe and regulated in Australia?

Binance Australia is registered with AUSTRAC and CoinSpot is registered with AUSTRAC. AUSTRAC registration is a legal requirement for AUD trading and covers anti-money-laundering, not consumer protection. Binance Australia has recorded 1 security incident and CoinSpot 1. Neither is covered by a government guarantee, so use 2FA and self-custody for long-term holdings.

Can I use both Binance Australia and CoinSpot?

Yes — many Australians keep accounts on more than one exchange, for example to access different coins, compare prices, or spread counterparty risk. Just remember each account is a separate KYC signup, and every disposal (including moving between platforms via a sale) can be a taxable event.

Comparison generated from our verified data and reviewed editorially. General information only — not financial advice.