Australia is stepping confidently into the future of digital finance, and we’re proud to be part of this journey. We've officially launched comprehensive crypto exchange services in the country, marking a major milestone in our mission to build locally in key global markets. Australian users now have access to full spot trading capabilities, while verified wholesale clients can also engage in derivatives trading, including futures, options, and perpetual swaps.
This launch reflects our long-term commitment to the Australian market, combining regulatory compliance, local expertise, and cutting-edge technology to deliver a secure and innovative trading experience.
Why Australia Matters in the Global Crypto Ecosystem
Australia has emerged as a strategic hub for financial innovation, supported by a mature regulatory environment, robust digital infrastructure, and a growing community of tech-savvy investors. The nation is home to a vibrant mix of retail crypto enthusiasts, professional traders, blockchain developers, and institutional participants — all contributing to a dynamic and forward-thinking ecosystem.
Our decision to establish a strong presence here wasn’t made overnight. In May 2023, we opened an office in Sydney, laying the foundation for our official market entry. Since then, we’ve assembled a dedicated local team spanning management, legal, compliance, and customer support — ensuring that our services are not only compliant but also tailored to the needs of Australian users.
We’re not here for a moment — we’re here for the long term. Our goal is to earn trust through transparency, innovation, and unwavering adherence to local regulations.
Localized Products Built for Australian Traders
We understand that seamless access is key to adoption. That’s why we’ve built a fully localized experience centered around the Australian dollar (AUD). Users can now deposit and withdraw AUD directly from most major banks across the country, making it easier than ever to enter and exit crypto positions.
For those looking to buy crypto instantly, we support fiat on-ramps through trusted third-party providers including Simplex, MoonPay, and Banxa, enabling fast purchases using credit cards or bank transfers.
Our platform offers access to 170 spot trading pairs and 85 tokens, including major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT). And we’re continuously expanding our listings — stay updated by checking our live markets page.
But what truly sets us apart is that we are now the largest global crypto exchange offering direct AUD deposits and withdrawals to Australian users.
Two Locally-Registered Entities, One Unified Mission
To ensure full compliance with Australian law, 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 users in Australia.
- OKX Australia Financial Pty Ltd. – Holding an Australian Financial Services (AFS) license regulated by ASIC and also AUSTRAC-registered, this entity offers derivatives trading exclusively to verified wholesale clients as defined under the Corporations Act 2001 (Cth).
Wholesale clients gain access to low-latency, secure derivatives trading with competitive pricing and deep liquidity. However, participation requires passing a suitability assessment and meeting strict eligibility criteria — because responsible innovation means putting user protection first.
👉 See how professional traders are leveraging advanced derivatives with institutional-grade security.
Global Expansion with Local Integrity
Our launch in Australia is part of a broader strategy to grow responsibly across regulated markets. Recent expansions include successful entries into Türkiye, Argentina, and Brazil, each tailored to local regulations and user needs.
In Asia, we received In-Principle Approval for a Major Payment Institution (MPI) license from Singapore’s Monetary Authority (MAS) in March 2025. Earlier that year, we secured our Virtual Asset Service Provider (VASP) license in Dubai — further solidifying our position as a compliant global player.
Transparency remains at the heart of everything we do. Since late 2022, we’ve published monthly Proof of Reserves, using open-source tools that allow users to independently verify that all customer funds are fully backed. With 18 consecutive months of verified reports, we continue to lead the industry in accountability and reporting standards.
Trusted Partnerships That Resonate Locally
We believe in building trust beyond the platform. That’s why we’ve invested in high-profile global partnerships that also connect with Australian audiences.
As a top partner of the McLaren Formula 1 team, we proudly support native Aussie driver Oscar Piastri — embodying speed, precision, and innovation. We also sponsor Olympic snowboarder Scotty James, one of Australia’s most celebrated winter athletes, symbolizing courage and excellence on the world stage.
These collaborations aren’t just about visibility — they reflect our values: performance, integrity, and pushing boundaries.
Frequently Asked Questions (FAQ)
Q: Who can trade spot crypto in Australia?
A: All users in Australia can access spot trading via OKX Australia Pty Ltd., which is AUSTRAC-registered. No special eligibility requirements apply.
Q: What is a wholesale client under Australian law?
A: Under the Corporations Act 2001, a wholesale client meets specific criteria related to net assets, turnover, or investment experience. Retail users do not qualify for derivatives services.
Q: Can I deposit AUD directly into my OKX account?
A: Yes — OKX supports direct AUD deposits and withdrawals through most major Australian banks.
Q: Are derivatives available to retail investors in Australia?
A: No. Derivatives trading (including futures and options) is currently only available to verified wholesale clients via OKX Australia Financial Pty Ltd.
Q: How does OKX ensure the safety of user funds?
A: We publish monthly Proof of Reserves using open-source verification tools, ensuring full backing of user assets. We also maintain strict compliance with AUSTRAC, ASIC, and global security standards.
Q: Will more tokens be added for Australian users?
A: Yes — we are continuously evaluating and listing new tokens based on demand, security audits, and regulatory compliance.
We’re excited about what lies ahead. By combining global scale with local commitment, we aim to empower Australian users with secure, innovative, and accessible crypto trading solutions — today and for years to come.
👉 Start trading with confidence using a platform built for performance, security, and compliance.