The Australian cryptocurrency landscape is entering a new era with the official launch of comprehensive crypto exchange services tailored specifically for local users. This strategic expansion marks a major milestone in our global mission to deliver secure, innovative, and compliant trading solutions in key markets worldwide. Australians can now access both spot trading for all users and derivatives trading for verified wholesale clients—ushering in a new level of accessibility, performance, and regulatory alignment.
Why Australia Is a Strategic Hub for Crypto Innovation
Australia stands out as a forward-thinking market with a mature financial ecosystem, strong technological infrastructure, and a growing community of crypto-savvy individuals. From retail investors and blockchain developers to institutional traders, the country hosts a diverse range of participants who are shaping the future of digital assets.
This vibrant environment makes Australia an ideal location for long-term investment in crypto infrastructure. Our journey here began in May 2023 with the opening of a dedicated office in Sydney. Since then, we’ve assembled a local team of experts in compliance, legal affairs, risk management, and product development—all focused on building trusted services that meet Australian regulatory standards.
Our commitment goes beyond launching products. We’re here to grow with the market, support local innovation, and contribute to the responsible evolution of the digital asset economy.
👉 Discover how OKX is transforming crypto access for Australian traders.
Localized Products Designed for Australian Users
We understand that a global platform must offer local relevance. That’s why our Australian launch includes features designed specifically for domestic needs—starting with full AUD support.
Australian users can now deposit and withdraw AUD directly through most major banks, making onboarding faster and more convenient than ever. For those looking to buy crypto instantly, fiat-to-crypto purchases are available via trusted third-party providers including Simplex, MoonPay, and Banxa.
In terms of trading options, we offer:
- 170 crypto spot pairs
- 85+ supported tokens, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT)
- Ongoing token listings to expand choice and opportunity
This makes us the largest global crypto exchange providing direct AUD banking integration—a significant advantage for users seeking seamless, low-friction access to digital assets.
Two Regulated Entities, One Trusted Platform
To ensure full compliance with Australian regulations, our services are delivered through two locally incorporated entities:
- OKX Australia Pty Ltd. – Registered with AUSTRAC, this entity provides OTC spot trading services to all Australian users.
- OKX Australia Financial Pty Ltd. – A licensed Australian Financial Services (AFS) provider regulated by ASIC and also AUSTRAC-registered. This entity offers derivatives trading—including futures, options, and perpetual swaps—exclusively to verified wholesale clients as defined under the Corporations Act 2001 (Cth).
Wholesale clients benefit from low-latency trading infrastructure, advanced risk controls, and institutional-grade security—all within a framework designed to meet strict eligibility and suitability requirements.
Commitment to Transparency and User Trust
Trust is the foundation of any financial service—and in crypto, it’s non-negotiable. That’s why we were among the first major exchanges to introduce monthly Proof of Reserves, a transparent verification process that confirms all user funds are fully backed.
Since launching this initiative in late 2022, we’ve published 18 consecutive monthly reports, setting a new standard for accountability in the industry. Using open-source tools, anyone can independently verify our reserves—ensuring transparency you can trust.
This level of diligence reflects our broader commitment to regulatory compliance, user protection, and long-term sustainability.
Expanding Globally While Staying Locally Compliant
Our entry into Australia is part of a broader global strategy focused on responsible growth. Recent launches in Türkiye, Argentina, and Brazil reflect our dedication to serving emerging crypto communities with localized solutions.
We’ve also achieved key regulatory milestones:
- In January 2025, received our Virtual Asset Service Provider (VASP) license in Dubai
- In March 2025, granted In-Principle Approval for a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS)
These achievements underscore our proactive approach to working within regulated frameworks across jurisdictions.
👉 See how OKX is leading the future of compliant crypto trading worldwide.
Supporting the Global Crypto Community Through Partnerships
Beyond trading, we’re proud to support innovation and excellence across sports, entertainment, and technology. Our global brand partnerships include:
- Manchester City FC – Premier League champions
- McLaren Formula 1 Team – Home to Australian driver Oscar Piastri
- Majesticks GC – LIV Golf team
- Tribeca Film Festival – As presenting partner
- Scotty James – Iconic Australian Olympian snowboarder
These collaborations reflect our belief in empowering talent and connecting crypto with mainstream culture—while maintaining strong ties to Australia’s sporting and creative identity.
Frequently Asked Questions (FAQ)
What types of trading are available to Australian users?
All Australian users can access spot trading, including buying, selling, and swapping over 85 cryptocurrencies with AUD support. Derivatives trading (futures, options, perpetual swaps) is available exclusively to verified wholesale clients who meet eligibility criteria under Australian law.
How do I qualify as a wholesale client for derivatives trading?
To access derivatives services, users must pass a suitability assessment and meet the definition of a "wholesale client" under the Corporations Act 2001 (Cth). This typically includes high-net-worth individuals or experienced investors with sufficient knowledge and financial capacity.
Is my money safe on OKX Australia?
Yes. OKX prioritizes security and transparency. We publish monthly Proof of Reserves reports to verify that user funds are fully backed. Additionally, our local entities are registered with AUSTRAC, and our financial arm holds an AFS license regulated by ASIC.
Can I deposit and withdraw AUD?
Absolutely. OKX supports direct AUD deposits and withdrawals via most major Australian banks. You can also buy crypto instantly using third-party providers like Simplex, MoonPay, and Banxa.
Are there plans to add more tokens?
Yes. We continuously evaluate and list new tokens based on market demand, security audits, and compliance standards. Users can check the latest available assets at okx.com/markets/prices.
Does OKX charge fees for AUD transactions?
Standard transaction fees apply for deposits and withdrawals, depending on the method used. Fees are clearly displayed during each transaction to ensure transparency.
With deep local investment, robust compliance, cutting-edge technology, and a commitment to transparency, OKX is positioned to become the preferred crypto exchange for Australians—both today and in the years ahead.