We are excited to announce the official launch of our cryptocurrency exchange services in Australia. This expansion marks a significant step in our commitment to building a strong local presence in key global markets. Australian users now have access to spot trading for a wide range of digital assets. Additionally, verified wholesale clients can engage in derivatives trading, further enhancing their investment strategies.
Why Australia Is a Key Market for Crypto
Australia has emerged as a vital hub for technology and financial innovation. The country’s robust infrastructure, diverse community of crypto enthusiasts, and growing base of professional traders make it an ideal environment for digital asset growth. The Australian market is well-positioned to play a leading role in the evolving crypto landscape.
Our entry into Australia follows careful planning and investment. In May 2023, we established an office in Sydney and assembled a dedicated team specializing in compliance, legal, and management roles. This local expertise allows us to prioritize regulatory standards and user security while delivering a reliable trading experience.
We are committed to fostering long-term relationships with Australian users by offering secure, innovative, and user-focused services.
Features of the Australian Trading Platform
Australian users now have access to a powerful crypto trading app with support for Australian Dollar (AUD) transactions. The platform enables deposits and withdrawals via major local banks, as well as fiat-to-crypto purchases through trusted third-party providers.
Spot trading is available with 85 tokens and 170 trading pairs, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). New tokens will be added regularly to provide more opportunities for diversification.
👉 Explore the latest token listings
We are now the largest global crypto exchange offering direct AUD transactions to Australian users. Our services are delivered through two registered entities:
- OKX Australia Pty Ltd. provides over-the-counter (OTC) spot trading services and is registered with AUSTRAC.
- OKX Australia Financial Pty Ltd., an Australian Financial Services (AFS) licensee regulated by ASIC, offers derivatives trading—including futures, options, and perpetual swaps—exclusively to verified wholesale clients.
Eligibility for derivatives trading is subject to strict criteria under the _Corporations Act 2001 (Cth)_. Wholesale clients can benefit from low-latency execution and advanced trading tools.
Global Expansion and Compliance Standards
Our launch in Australia is part of a broader global strategy. We have recently expanded into markets including Türkiye, Argentina, and Brazil. In Singapore, we obtained In-Principle Approval for a Major Payment Institution license, and in Dubai, we received a Virtual Asset Service Provider license.
Trust and transparency are central to our mission. We publish monthly Proof of Reserves reports, allowing users to independently verify that their assets are fully backed. This commitment to accountability has set a new standard in the crypto industry.
We have also built brand partnerships with leading sports and entertainment organizations, including McLaren Formula 1 and Manchester City FC. These collaborations reflect our dedication to connecting with diverse communities worldwide.
Frequently Asked Questions
What services are available to Australian users?
All Australian users can access spot trading with AUD support, bank transfers, and third-party fiat on-ramps. Derivatives trading is reserved for verified wholesale clients who meet specific regulatory criteria.
How can I deposit AUD into my account?
You can deposit Australian Dollars through most major Australian banks. The platform supports seamless AUD transactions for buying, selling, and withdrawing cryptocurrencies.
Which cryptocurrencies can I trade in Australia?
The platform offers 85 tokens and 170 trading pairs, including Bitcoin, Ethereum, and stablecoins like USDT. The list of supported assets is updated regularly.
What is a wholesale client?
A wholesale client is an investor classified under the Corporations Act 2001 (Cth) as meeting specific financial or professional criteria. This status is required for accessing derivatives products.
How does OKX ensure security for Australian users?
We adhere to strict regulatory standards, maintain AUSTRAC registration, and provide monthly Proof of Reserves reports. User funds are protected through robust security measures and transparent operational practices.
Are there plans to add more services in Australia?
Yes, we intend to expand our product offerings and continue investing in the Australian market. New features and tokens will be introduced based on user demand and regulatory developments.
This content is for informational purposes only. It is not intended as investment, legal, or financial advice. Cryptocurrency investments are volatile and involve risk; ensure you understand these risks and consult a professional before trading. Some services may not be available in all regions.