Crypto Exchange comparison
Crypto.com vs Independent Reserve
Crypto.com and Independent Reserve both let you buy and sell crypto in Australia, but they serve very different crowds. Crypto.com is a global giant with a massive coin selection, a flashy app, and 24/7 support — ideal if you want the kitchen sink. Independent Reserve is a lean, Australian-owned exchange that punches above its weight on tax reporting and account types, including SMSF and trust accounts.
Choose
Crypto.com
if…
- ›You want access to a huge range of cryptocurrencies beyond just the top 20
- ›You prefer a polished mobile app with 24/7 live chat and phone support
- ›You want to deposit via debit/credit card, Apple Pay, or Google Pay instantly
- ›You value a desktop trading platform alongside the mobile app
- ›You want multiple auto-invest options (e.g. dollar-cost averaging into several coins)
Choose
Independent Reserve
if…
- ›You need an Australian tax statement or CGT report generated for you at tax time
- ›You want to open a joint, trust, or SMSF account — not just individual or company
- ›You prefer a founder-led Australian company that's been operating since 2013
- ›You want to deposit with PayPal or use SWIFT for USD/NZD/SGD transfers
- ›You want zero minimum for subsequent purchases and no minimum to start
Where they differ
| Fact | Crypto.com | Independent Reserve |
|---|---|---|
| Crypto selection | 250+ coins | ~30 coins |
| Australian tax statement | Not provided | Provided |
| Account types | Individual, company | Individual, joint, company, trust, SMSF |
| Desktop platform | Available | Not available |
| Customer support hours | 24/7 live chat and phone | 24/7 portal; phone in Sydney business hours |
Verdict
Pick Crypto.com for breadth and polish; pick Independent Reserve for Australian tax tools and serious account flexibility.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Crypto.com | Independent Reserve |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | — | Yes |
| SMSF account | — | 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 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | Foris DAX AU Pty Ltd | Independent Reserve Pty Ltd |
| AFSL number | 467,462 | — |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,016 | 2,013 |
| Parent / ownership | Foris DAX MT (Malta) Limited (ultimate parent of the Foris DAX / Crypto.com group); Australian entities Foris DAX AU Pty Ltd and Foris GFS Australia Pty Ltd | Privately owned; founder-led (Adrian Przelozny, CEO) |
| Country of incorporation | AU | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | $0 | $0 |
| Minimum subsequent purchase | $1 | $0 |
| Deposit methods | PayID, Bank transfer (NPP), Debit card, Credit card, Apple Pay, Google Pay, Crypto deposit | PayID, Osko, EFT bank transfer, SWIFT (USD/NZD/SGD), Debit card, Credit card, PayPal, PayNow (SGD) |
| Withdrawal time | Typically near-instant via PayID/NPP; up to 1-2 business days for standard bank transfer | Same day for PayID instant withdrawals; 1-2 business days for EFT |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | No |
| Demo account | No | No |
| Free real-time market data | Yes | Yes |
| Free research reports | Yes | No |
| 2FA support | authenticator | authenticator |
| Customer support channels | Live chat (24/7 in-app & web), Email, Phone (cardholders only), Help centre, Social media | email, support portal, phone (business hours) |
| Support hours (AU time) | 24/7 | 24/7 portal support; phone in Sydney business hours (AET) |
| Education content | video + courses | basic articles |
| 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 | single asset |
| After-hours / overnight trading | Yes | Yes |