At DC Forecasts, we take pride in presenting this official Bitcoin broker comparison. Below, you will find our approved and reviewed brokers that offer Bitcoin trading, altcoin trading, forex as well as binary options trading.
The list below is also designed to make it good for traders to see the pros and cons of each Bitcoin trader and see all the other financial products that they offer with ease. If you are a beginner looking for approved Bitcoin brokers on the market, you can also see our Education Section and learn more about Bitcoin, Ethereum and cryptocurrency trading in general.
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If you are a broker whose exchange is not yet listed on our site, feel free to get in touch with us via email or Skype – and we will proudly list it in the table below once reviewed.
CoinJar is a well-known Australian trading platform. It’s also a Bitcoin broker and users can purchase bitcoin here for a 1% fee. The platform has a super-clean interface which is very easy to navigate so new users will get the hang of it very easy. CoinJar also offers a wallet service.
But-a-Bitcoin is a Bitcoin broker based in Australia. Users can buy bitcoin via cash deposit but will pay a fee of 4.9% fees. It’s really fast and verification is required only as a mobile phone number. However, the fees can be a little higher compared to other trading platforms.
This is a Bitcoin exchange also based in Australia that mostly focuses on providing services for corporations. Users can fund their account with SWIFT or EFT. The exchange supports USD and AUD and charge fees at 0.5% but can be a little lower at 0.1%.
Coin Loft is a Bitcoin broker where users can buy Bitcoin with a credit card and cash deposits. With cash purchases, the coins will be delivered within an hour. It’s a well-established broker but there is a 4% fee of cash purchases. Also, identity verification is required.
CoinCorner is a very popular Bitcoin exchange in Australia but it’s also quite popular in Europe and Canada. Users can purchase bitcoin with credit or debit card or bank transfer. It’s a reliable, trusted company with amazing customer support. Another great feature is that there are video tutorials of how to buy or sell bitcoins. ID verification is required and also 1% trading fees.
Coinbase is known to be the best exchange out there so it’s no wonder that it’s here on this list as well. Their interface is surely among the best ones and offers multiple ways of payment including credit cards and bank transfers. It’s really easy to sign up and their app is also extremely user-friendly. However, the verification process can take a long time and the fees are a little higher.
Coinbase PRO is one of the largest Bitcoin exchanges in the U.S but also very popular in Australia as well. Users can purchase bitcoin via bank transfer or bank wire. Coinbase PRO has decent prices and low fees but it can be a little difficult to use for beginners. You can buy bitcoins here for exactly 0 percent fees.
It’s important to know that you can buy bitcoins via LocalBitcoins in person. It’s very popular in Singapore as well. It’s private and very simple to use. Keep in mind that in-person trading can potentially be a scam and it’s also harder to buy larger amounts of bitcoins.
Mycelium Local Trader
Mycelium helps you to find all the local bitcoin sellers in your area. There are no fees involved but the one major downside is that users in low populated areas will have a hard time finding sellers since you meet up in person to conduct the trade. It’s easy to use and cheap to buy bitcoin with cash.
ACX is based in Victoria and claims to have the largest liquidity pool of Bitcoin in Australia. On this platform, you can find eight cryptocurrencies five of which are paired with the Australian dollar. Users can place orders through the ACX site for a 0.2% trading fee.
Blockbid is a Melbourne-based exchange that it’s fairly new. The platform offers a large number of altcoins as well as trading options for fiat currencies. They charge a trading fee of 0.1%.
CoinTree works as a merchant for bitcoins that will do the buying and selling for you. They cooperate with ShapeShift so it’s easy to swap bitcoins for other altcoins. All transactions are free except bitcoin purchases that have a 3% fee.
Lex is a Sydney-based exchange that will allow you to place market limit orders for buying or selling cryptocurrencies on the Australian dollar market. The transactions will cost you a fee of 0.55%. However, the exchange is still in Beta testing so fiat deposits are not fully developed.
NCX’s goals are to provide a great trading experience so crypto enthusiasts can have an experience outside of the ordinary. They have four coins listed and they don’t charge trading fees. The only fees are for withdrawals at 1%. However, the exchange is limited to Australian residents only.
This is a regulated bitcoin exchange that offers really low fees. Your user account has to be funded via an international money transfer. There’s a 0.25% fee on every trade. This is one of the most economical exchanges on the market.
Poloniex offers a peer-to-peer lending feature that provides investors with an alternative to earn some extra money by lending money to other investors. The platform supports more than 60 altcoins.
Coinmama is one of the exchanges that allow you to buy bitcoins without verifying your identity. In order to do that, you need to buy less than $150 worth of bitcoins. This makes small purchases very easy. Users can buy bitcoin with a debit or credit card with a 6% fee. It’s reliable and transparent. It is, however, one of the more expensive bitcoin brokers.
Using Changelly, users can buy Bitcoin with other altcoins. The exchange platform is available in Australia as well but also in most states in the US, and it is extremely fast. The only downside is that you need other altcoins to purchase Bitcoin.
VirWox basically serves as a way for people to purchase Second Life Lindens in the virtual world Second Life. You can trade your SLL for bitcoin but it will eventually cost you more in fees