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Elbaite review (2026)

Elbaite scores 7.3/10 on our data-led review — strongest for non-custodial trading.

✓ AUSTRAC registered ◌ AFSL: transitional 🇦🇺 Melbourne, VIC, est. 2017
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ease6.8
fees6.8
coins6.6
safety8.9
support7.2

Key facts

Trading fee1% Instant buy1%
AUD depositsBank transfer AUD withdrawalFree
Coins listed40+ SMSF / DemoSMSF ✕ · Demo ✕

Pros & cons

Pros

  • Free AUD withdrawals
  • Australian-based (Melbourne, VIC) with local support hours

Cons

  • Instant-buy fee of 1% is above the AU average
  • Limited asset range (40 listed)
  • No PayID deposits

Is Elbaite safe?

Every incident and regulatory action we track for Elbaite, with primary sources — updated automatically from our fact database.

No hacks or regulatory penalties on record for Elbaite as at 23 July 2026.

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FAQ

What are Elbaite's fees?

Elbaite charges 1% on instant buys. AUD withdrawals: free.

Is Elbaite regulated in Australia?

Yes — Elbaite is AUSTRAC-registered, and operates under ASIC transitional arrangements while Australia’s AFSL licensing regime phases in ahead of April 2027. Check our live AFSL tracker for current status.

How do I deposit AUD on Elbaite?

Supported AUD deposit methods: Bank transfer.

Alternatives to Elbaite

Swyftx 8.7/10

Best for beginners

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CoinSpot 8.5/10

Best for coin variety

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Kraken 8.3/10

Best for active traders

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General information only, not financial advice. Fees and features change — always confirm on Elbaite's own site. Corrections policy.