Crypto Exchange comparison
Binance Australia vs Cointree
Binance Australia and Cointree both let you buy and sell crypto, but they cater to very different types of traders. Binance is a global exchange with deep liquidity, low fees and hundreds of coins — ideal if you want to trade actively. Cointree is a smaller, Australian-owned platform that focuses on tax reporting and simplicity, making it a better fit for long-term holders who want their paperwork sorted.
Choose
Binance Australia
if…
- ›You want access to hundreds of cryptocurrencies and deep order-book liquidity for active trading
- ›You want to start with as little as $1 and use multiple deposit methods including debit/credit cards and P2P
- ›You need a desktop trading platform with advanced order types (stop-loss, conditional orders) and 24/7 live chat support
- ›You want a demo account to practise trading before committing real money
- ›You prefer a globally backed exchange with lower spreads and tighter pricing on high-volume trades
Choose
Cointree
if…
- ›You want an Australian tax statement and built-in CGT calculator automatically generated from your trades
- ›You prefer to deal with an Australian-founded company that offers phone support during business hours
- ›You want to deposit cash via convenience stores (e.g. Pay at a newsagent) — a rare option in crypto
- ›You're a set-and-forget investor who values simpler reporting over having hundreds of coin options
- ›You want to avoid any association with offshore parent companies and prefer a fully Australian-owned platform
Where they differ
| Fact | Binance Australia | Cointree |
|---|---|---|
| Australian tax statement & CGT report | Not provided | Provided (tax statement + CGT calculator) |
| Minimum initial deposit | $1 AUD | $25 AUD |
| Deposit methods | PayID, bank transfer, debit/credit card, P2P trading | PayID, Osko, crypto deposit, cash via convenience stores |
| Customer support hours | 24/7 live chat | Phone & live chat Mon-Fri 10am-2pm AEST; email 24/7 |
| Desktop platform | Yes | No (mobile & web only) |
Verdict
Choose Binance for low fees and high-volume trading; choose Cointree if you want Australian tax reporting built in.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Binance Australia | Cointree |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | — |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | — |
| ASX ETFs supported | No | — |
| US shares supported | No | — |
| US ETFs supported | No | — |
| Other markets supported | — | |
| Fractional shares (ASX) | No | — |
| Fractional shares (US) | No | — |
| Options trading | No | — |
| CFDs supported | No | — |
| Crypto trading | Yes | Yes |
| Managed funds | No | — |
| Bonds supported | No | — |
| IPO access | No | No |
| costs hidden | ||
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | InvestbyBit Pty Ltd (trading as Binance Australia) | Cointree Pty Ltd |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,020 | 2,013 |
| Parent / ownership | Binance Holdings Limited (Cayman Islands) | Privately owned; founded by Shane Stevenson, led by CEO Jess Renden. Strategic minority investment from Indicia Labs Inc. (Silicon Valley) in 2020. |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $1 | $25 |
| Minimum subsequent purchase | $1 | $0 |
| Deposit methods | PayID, Bank transfer (Osko/NPP), Debit card, Credit card, P2P trading | PayID, Osko bank transfer, Cryptocurrency deposit, Cash via convenience stores |
| Withdrawal time | PayID: <60 seconds; bank transfer: 1-2 business days | Same business day (typically within hours) via Osko/NPP |
| platform ux | ||
| iOS app | Yes | — |
| Android app | Yes | — |
| Desktop platform | Yes | No |
| Demo account | Yes | No |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | authenticator app | authenticator |
| Customer support channels | Live chat (24/7), Email, Help centre / in-app ticket | phone, live chat, email, help centre |
| Support hours (AU time) | 24/7 (live chat); email response typically within 24 hours | Phone and live chat: Mon-Fri 10am-2pm AEST/AEDT; email/help centre 24/7 |
| Education content | video + courses | structured courses |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | multiple |
| After-hours / overnight trading | Yes | Yes |