Crypto Exchange comparison
Cointree vs OKX
Cointree and OKX both let you buy crypto in Australia, but they serve very different crowds. Cointree is a homegrown exchange that's been around since 2013, offers SMSF and trust accounts, and gives you a proper Australian tax statement at EOFY. OKX is a global heavyweight that only launched locally in 2024, brings zero minimum deposits, 24/7 support, and a demo account — but no tax reporting or SMSF support.
Choose
Cointree
if…
- ›You need an Australian tax statement and CGT report at tax time — Cointree provides both, OKX doesn't
- ›You want to trade crypto inside an SMSF or trust structure — Cointree supports both, OKX doesn't
- ›You prefer phone support during business hours — Cointree has a phone line, OKX is chat and email only
- ›You want to deposit cash via convenience stores — Cointree offers that option
Choose
OKX
if…
- ›You want zero minimum deposit to get started — OKX has no minimum, Cointree requires $25
- ›You trade on desktop or want a demo account to practise — OKX offers both, Cointree doesn't
- ›You need 24/7 customer support — OKX has round-the-clock live chat and email
- ›You want to deposit with a debit or credit card — OKX supports card deposits via third-party providers
Where they differ
| Fact | Cointree | OKX |
|---|---|---|
| Year founded | 2013 | 2024 |
| Australian tax statement | Yes | No |
| SMSF account | Yes | No |
| Minimum initial deposit | $25 AUD | $0 AUD |
| Customer support hours | Phone/live chat Mon-Fri 10am-2pm AEST | 24/7 live chat and email |
Verdict
Pick Cointree for Australian tax reporting and SMSF trading; pick OKX for lower barriers, 24/7 support and a demo account.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Cointree | OKX |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | — | No |
| Company account | Yes | Yes |
| Trust account | Yes | — |
| SMSF account | Yes | No |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | — | No |
| ASX ETFs supported | — | No |
| US shares supported | — | No |
| US ETFs supported | — | No |
| Fractional shares (ASX) | — | No |
| Fractional shares (US) | — | No |
| Options trading | — | Yes |
| CFDs supported | — | Yes |
| 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 | Cointree Pty Ltd | OKX Australia Pty Ltd |
| AFSL number | — | 379,035 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,024 |
| Parent / ownership | Privately owned; founded by Shane Stevenson, led by CEO Jess Renden. Strategic minority investment from Indicia Labs Inc. (Silicon Valley) in 2020. | OKX Group (Seychelles-headquartered global crypto exchange, formerly OKEx) |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $25 | $0 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | PayID, Osko bank transfer, Cryptocurrency deposit, Cash via convenience stores | PayID, Osko, bank transfer, debit/credit card (via Simplex, MoonPay, Banxa), crypto deposit |
| Settlement period | — | instant (crypto settles on-chain confirmation; AUD via PayID near-instant) |
| Withdrawal time | Same business day (typically within hours) via Osko/NPP | near-instant via PayID/Osko (under 30 minutes typical) |
| platform ux | ||
| iOS app | — | Yes |
| Android app | — | Yes |
| Desktop platform | No | Yes |
| Demo account | No | Yes |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | authenticator | authenticator |
| Customer support channels | phone, live chat, email, help centre | email, live chat, in-app help centre |
| Support hours (AU time) | Phone and live chat: Mon-Fri 10am-2pm AEST/AEDT; email/help centre 24/7 | 24/7 live chat and email support |
| Education content | structured courses | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | No |
| Distribution component breakdown | — | No |
| CGT calculator / report | Yes | No |
| 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 |