VS 
Binance vs CoinSpot (2026)
Compared on verified data — same methodology, same fact database, every pair.
Ad disclosure: both 'Visit' buttons are affiliate links*. It never affects scores or rankings. How we make money
Choose CoinSpot if…
- → you want a wider coin range (480+ vs 350+)
- → you need SMSF account support
- → you prefer an Australian-based platform
- → you want cash deposit options
Side by side
| Our score | 7.6/10 | 8.6/10 better |
|---|---|---|
| Maker / taker fee | 0.1% / 0.1% | 0.1% / 1% |
| Instant-buy fee | 0.5% better | 1% |
| Coins listed | 350+ | 480+ better |
| AUD withdrawal fee | Free | Free |
| AUD deposit methods | PayID · Bank transfer | PayID · Bank transfer · Card · Cash |
| Demo mode | ✕ No | ✕ No |
| SMSF support | ✕ No | ✓ Yes better |
| Australian-based | No | 🇦🇺 Yes better |
| Full AFSL | Transitional | Transitional |
| Incidents on record | ⚠ 1 | ⚠ 1 |
| Best for | lowest trading fees | coin variety |
Binance leads 1 row, CoinSpot leads 4 — what matters is which rows matter to you. Try any other matchup in the comparison tool · sources: Binance review, CoinSpot review
What a A$1,000 buy costs on each
Headline fees only. We hold a verified spread estimate for CoinSpot but not for the other, and folding it into one side alone would make the platform we measured more closely look like the expensive one. Instant buys cost more than this on both.
Binance - Instant buy
- A$5.00
- Market order
- A$1.00
CoinSpot - Instant buy
- A$10.00
- Market order
- A$1.00
On a A$1,000 instant buy the difference is A$5.00. Using market orders they are within a cent of each other. Fees are per trade, so multiply by how often you buy.
What you can actually buy on each
Counted against the 152 coins we track, and re-checked against each platform's own public asset list every day — not the headline number on their marketing pages.
| Coins we track that it lists | 116 | 119 |
|---|---|---|
| Priced directly in AUD | 0 | 119 |
| On this one only | 17 | 20 |
99 of the coins we track are on both. Only on Binance: USDS, Bitcoin Cash, Ethena USDe, USD1, Gram (prev. Toncoin) and 12 more. Only on CoinSpot: Monero, Canton, Cronos, Mantle, Venice Token and 15 more. Note that Binance quotes none of them against AUD — you would convert to a stablecoin first, which costs more than the fee table above suggests.
What is on each one's record
Hacks, penalties, licence changes and ownership changes we hold a source for. An empty record means we have not recorded an event, not that nothing has ever happened.
Binance CoinSpot - 🔓 hack 8 Nov 2023 Hot wallet compromised for ~A$2.4M · source
FAQ
Which is better, Binance or CoinSpot?
It depends what you optimise for: Binance wins when its strengths match your needs; CoinSpot wins when you want a wider coin range (480+ vs 350+). Both are AUSTRAC-registered.
Can I use both Binance and CoinSpot?
Yes — many Australians keep accounts on two exchanges: one for cheap market orders, one for range or features. There is no cost to holding both accounts.
Are these comparisons affected by commissions?
No. Both Visit buttons are affiliate links, but every number on this page renders from our verified fact database and the comparison logic is identical for every pair we publish.
General information only, not financial advice. Verify current fees before trading. Facts on this page last verified 2026-07-22.