Bitcoin Forum

Economy => Trading Discussion => Topic started by: jamietao on August 19, 2021, 01:23:34 AM



Title: Best Exchange for Australians - FTX vs Kraken vs Binance
Post by: jamietao on August 19, 2021, 01:23:34 AM
I'm a newbie hoping to purchase BTC regularly (every month) and holding. What is the best exchange with best fees/withdrawl rates?

The three that look appealing to me are FTX and Kraken Pro and Binance.

FTX has free AUD deposit, 0.02% trading fee and free BTC withdrawal.
Kraken has free AUD deposit, 0.16% trading fee and 0.00015 BTC (around $10) withdrawal fee.
Binance has free AUD deposit, 0.1% trading fee and 0.00057 BTC (around $40) withdrawal fee.

It seems like FTX is slightly better in all aspects. However, there are no trading pairs with AUD on FTX (according to the website). However this contradicts the link below which says AUD trading pair was introduced in December 2020.

Would we need to convert to USD within the app/exchange first?

https://help.ftx.com/hc/en-us/articles/360054369972-New-BTC-Markets-on-FTX-BTC-AUD-and-BTC-EUR