Exchange Review

What is the best Crypto app?

Summary: This guide determines what crypto app is the best for Australian investors. We recommend using the CoinSpot app as it’s the only properly licensed and regulated crypto exchange in Australia.

By 
Timothy Wilson
 on  
August 13, 2022

As the global cryptocurrency market continues to grow, so too does the number of crypto apps available. While this is great news for investors and users looking to get involved in the space, it can also be a little overwhelming trying to choose the right app for your needs.

If you're based in Australia, then you'll want to know which crypto app is the best for you. In this article, we'll take a look at the top contenders and help you make a decision. We compare available features, UI & functionality, rating and overall ranking on the Google Play & App store.

Table of Contents

CoinSpot App

CoinSpot is the most popular crypto app in Australia and has over 2 Australian million users. It provides a simple and easy-to-use UI and is the best platform for beginners. The application also has a built-in wallet so you can store your coins safely. Users can open positions, deposit and withdraw AUD, stake crypto, check portfolio and more on the CoinSpot app.

  • Apple Store Rating: 4.8 stars from 11K reviews
  • Google Play Store Rating: 4.5 stars from 6K reviews
  • UI & Functionality: 10/10 Easy to use and straightforward 
CoinSpot iPhone Screenshot
CoinSpot iPhone Screenshot

Binance App

Binance is another great option for Australian crypto investors, the app offers a wide range of features. Although, the UI is not easy for beginners and is best suited for experienced traders. It has almost all the same features as its web version. It doesn’t offer depositing and withdrawing of Australian dollars from the application.

  • Apple Store Rating: 4.7 stars from 120K reviews
  • Google Play Store Rating: 4.5 stars from 900k reviews
  • UI & Functionality: 8/10 Best suited for experienced traders
Binance iPhone Screenshot
Binance iPhone Screenshot

SwyftX App

SwyftX is another popular crypto app that offers a simple and easy-to-use platform but lacks features and assets. The platform doesn’t offer as many cryptocurrencies as CoinSpot or Binance. Users can check their portfolio, buy and sell cryptocurrencies and contact support through the app.

  • Apple Store Rating: 4.6 stars from 5K reviews
  • Google Play Store Rating: Not rated on Google Play Store
  • UI & Functionality: 9/10 Simple app with easy UI
SwyftX iPhone Screenshot
SwyftX iPhone Screenshot

Digital Surge App

Digital Surge also recently launched an application but it is yet to be rated on either app store as it hasn’t accumulated enough reviews to display. You can buy/sell crypto on the app and check your portfolio but besides that it offers no functionality. 

  • Apple Store Rating: Has not received enough reviews to view rating
  • Google Play Store Rating: Has not received enough reviews to view rating
  • UI & Functionality: 7/10 Basic app with limited functionality
Digital Surge iPhone Screenshot
Digital Surge iPhone Screenshot

eToro App

eToro is a great option for those who wish to invest in more than just cryptocurrencies. On the eToro app, you can invest in cryptocurrencies, commodities, stocks, ETFs, indices and currencies. Users can buy and sell digital assets, check their portfolios and utilise the Copy Trading function on eToro.

  • Apple Store Rating: 3.4 stars from 2K reviews
  • Google Play Store Rating: 4.2 stars from 120K reviews
  • UI & Functionality: 9/10 Easy to use for beginners and professionals
eToro iPhone Screenshot
eToro iPhone Screenshot

Bybit App

Bybit is another popular crypto app that offers a wide range of features, assets and support options. You can speak with support, deposit AUD, open positions on futures/derivatives trading, buy and sell spot and stake multiple cryptocurrencies on the app. You cannot withdraw Australian dollars from the platform.

  • Apple Store Rating: 3.9 stars from 6K reviews
  • Google Play Store Rating: 4 stars from 68K reviews
  • UI & Functionality: 8/10 Straightforward UI with many useful features
Bybit iPhone Screenshot
Bybit iPhone Screenshot

Final Verdict

So, which is the best crypto app for Australian investors? If you're looking for a simple and easy-to-use platform, then CoinSpot is the best option for you. It also offers the most deposit and withdrawal methods for Aussies, the second-largest selection of cryptocurrencies, the highest security and lowest fees out of all the applications.

If you're looking for a more advanced platform with a wide range of features, then Binance or Bybit may be a better option. Ultimately, the best crypto app for you will depend on your individual needs and preferences.

Visit CoinSpot

Author Bio

Timothy Wilson was a former Prop Trader for a notable crypto trading fund based in Hong-Kong. He built BCA after deciding he wanted to focus his career on educating new users about Crypto and DeFi.

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