Btc Markets review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

BTC Markets suits Australian traders who want cheap spot trading on a regulated exchange rather than a wide market. Taker fees of 0.1% to 0.85% and a maker fee of -0.05% put it near the low-cost end, and both ASIC and AUSTRAC registrations back it up.

Key facts

Best for
Australian traders who want low trading fees on a regulated, custodial exchange.
Taker fee
0.1% to 0.85%↗
Coins listed
35↗
Regulators
AUSTRAC, ASIC↗
Fiat deposit methods
Card, Bank↗
Maker fee
-0.05%↗
Proof of reserves
Yes↗
Withdrawal fee
AUD withdrawals free; crypto network fee per asset (e.g. 0.0002 BTC, 0.005 ETH)↗
Derivatives
No↗
Exchange type
Cex↗
Legal entity
BTC Markets Pty Ltd (ACN 164 093 887)↗
Headquarters
Australia↗
Founded
2013↗
Support channels
Email, Chat, Help-centre↗
Features
Custodial, Staking
Official website
btcmarkets.net

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
Google Play

Pros and cons

Pros

  • Taker fees of 0.1% to 0.85% and a maker fee of -0.05% keep trading costs low
  • Regulated in Australia by ASIC and AUSTRAC, with licence AR No. 1297122 (BTC Markets Pty Ltd ACN 164 093 887)
  • Proof of reserves shows the exchange publishes what it holds for customers
  • Fiat deposits by card and bank, and support runs through email, chat and help centre

Cons

  • Only 35 coins are listed, so the range is small
  • Derivatives are not offered
  • Balances are custodial (custodial and staking), so the exchange holds the keys rather than the customer
Btc Markets

Ready to try Btc Markets?

Scored 9.3 / 10 by SumCue.

Who it suits

  • Traders in Australia who want a regulated exchange with low fees
  • Anyone comfortable letting a custodial exchange hold their coins
  • People who stake through an exchange rather than self custody

Who should look elsewhere

  • eToro, if you want a much wider coin list and derivatives
  • bunq, if you want to hold crypto alongside a European current account
  • Vivid Plus, if you want crypto rewards tied to a spending account

Who runs it

BTC Markets is run by BTC Markets Pty Ltd (ACN 164 093 887) and is based in Australia. It has been trading since 2013, and it is registered with both ASIC and AUSTRAC, under licence AR No. 1297122 (BTC Markets Pty Ltd ACN 164 093 887). Support runs through email, chat and help centre, so there is a help centre for the basics plus live chat and email for the rest.

How Btc Markets compares

Where Btc Markets is available

Available
Australia
Licence in Australia
AUSTRAC, checked September 26, 2026
Licence in Australia
ASIC (AR No. 1297122 (BTC Markets Pty Ltd ACN 164 093 887)), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much does it cost to trade on BTC Markets?+

Trading fees are set per trade. Taker fees of 0.1% to 0.85% apply when you buy at the ask price, and the maker fee is -0.05%. AUD withdrawals are free, while crypto withdrawals carry the network fee for each asset, so the cost of moving coins on chain depends on the coin you send.

Is BTC Markets regulated?+

Yes. It is listed with both ASIC and AUSTRAC as its regulators, and the Australian licence number is AR No. 1297122 (BTC Markets Pty Ltd ACN 164 093 887). The company behind the exchange is BTC Markets Pty Ltd (ACN 164 093 887), which gives you a named entity to check against the register.

How do I put money in?+

Fiat deposits can be made by card and bank. Because the company is based in Australia, the banking rails and account details are Australian, so readers elsewhere in Europe will find the funding route less convenient.

How many coins can I trade?+

The exchange lists 35 coins, which is a small range by exchange standards. It is a focused list rather than a long one, so traders looking for a wide spread of smaller tokens will need to look elsewhere.

Do I hold the keys to my coins?+

No. Both custodial holding and staking sit in custodial and staking, so the exchange holds the coins rather than you holding the keys in a wallet of your own. That is the trade-off for not managing keys yourself.

Can I trade derivatives here?+

No. Derivatives are not offered, and this is a custodial central exchange (cex), so spot buying and selling is the whole market. Traders after perpetual futures or other leveraged products need a different venue.

How do I get help?+

Support runs through email, chat and help centre. There is a help centre for the routine questions and live chat plus email for anything more involved, and a phone line is not listed.

How much could I lose trading?+

Trading losses are the norm in this category. Across the accounts on the site, the median retail loss is 70.15%, and the range runs 65.75% to 74.5%. Low fees do not reduce trading risk.

Sources

  • coingecko.com/en/exchanges/btcmarkets checked September 26, 2026

    Backs: Coins listed, Founded

    “id=btcmarkets; coins=35; pairs=35”

  • btcmarkets.net/fees checked September 26, 2026

    Backs: Derivatives, Maker fee, Taker fee, Withdrawal fee

    “Our fees adapt to your needs ... Advanced Trade ... Quick Buy/Sell ... Deposit & Withdrawal Fees”

  • btcmarkets.net/frequently-asked-questions checked September 26, 2026

    Backs: Fiat deposit methods, Headquarters, Proof of reserves

    “For AUD, we support card deposits from Australian issued Visa and Mastercard bank cards (prepaid cards are not accepted), and instant OSKO PayID payments and direct deposits from your bank”

  • btcmarkets.net/regulation checked September 26, 2026

    Backs: Regulators, Licences

  • btcmarkets.net/terms-of-service checked September 26, 2026

    Backs: Exchange type, Features, Legal entity, Support channels

    “The Exchange is a peer-to-peer trading platform ... an electronic order-matching service. When you use the Exchange, you are trading with other Users, not with BTC Markets.”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Btc Markets

Btc Markets

Australian traders who want low trading fees on a regulated, custodial exchange.

9.3/10See alternatives