Is Binance available in Australia?
As of June 2026 Binance is available to residents of Australia for spot trading and approved staking, run by a digital currency exchange provider registered with AUSTRAC. Its separate Australian derivatives business closed in 2023, so retail derivatives are not offered.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of June 2026 Binance is available to Australian residents for spot trading and approved staking, operated through a digital currency exchange provider registered with AUSTRAC, the anti money laundering and financial intelligence regulator. Binance closed its Australian crypto derivatives business in 2023 after voluntarily cancelling its Australian Financial Services licence, and the Federal Court ordered its former derivatives operator to pay a penalty over client onboarding failures. Products and funding methods change, so confirm the current position before acting.
Is the platform available to residents
As of June 2026 Binance is available to residents of Australia for spot trading and approved staking. Australian users can register, complete identity verification, and buy, sell, and hold a range of crypto assets through the Binance app and website.
Availability is not unlimited. The spot service is run by a digital currency exchange provider registered with AUSTRAC, while the separate Australian crypto derivatives business closed in 2023. As a result, most Australian users are limited to spot and approved staking rather than leveraged or derivative products (as of June 2026).
The regulator and the framework
Australia oversees crypto on two main tracks. AUSTRAC, the Australian Transaction Reports and Analysis Centre, registers digital currency exchange providers and enforces anti money laundering and know your customer rules. The Australian Securities and Investments Commission (ASIC) regulates financial products and services, including crypto products that fall within the financial services regime (as of June 2026).
The Binance Australia spot service operates as an AUSTRAC registered digital currency exchange. In April 2023 the Australian derivatives entity, Binance Australia Derivatives, cancelled its Australian Financial Services licence and wound down its local derivatives offering. ASIC later sued that entity over consumer protection failures, and in 2026 the Federal Court ordered it to pay a 10 million Australian dollar penalty for onboarding failures that misclassified retail clients. Australia has also moved to bring crypto platforms more fully within the financial services licensing regime, so the framework is changing (as of June 2026).
How residents access the platform
Residents access Binance in Australia through its app and website after completing know your customer verification, which the Australian anti money laundering regime requires. Australian dollar funding methods have changed over time, including a 2023 disruption when a third party payment provider withdrew support for Binance Australia, so the available local funding options can vary.
The product set centres on buying, selling, and holding a broad list of crypto assets, with approved staking offered in some cases. Binance is a custodial platform, so it holds account assets on the user's behalf. The exact products, supported assets, funding methods, and fees change over time, so confirm what is offered to an Australian account before trading (as of June 2026).
Tax treatment
Tax on crypto for Australian residents is administered by the Australian Taxation Office (ATO). This page does not give tax advice. For how crypto is treated in Australia in general terms, see the Australia tax page, and confirm your own position with a qualified local professional before filing.
Binance is one of the platforms available to Australian residents for spot trading, alongside Coinbase and Kraken among others. Availability, products, and fees vary, so compare the exchanges that are genuinely available in Australia before you choose.
Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.
Regulator and sources
The relevant authorities are AUSTRAC, which registers digital currency exchange providers, and the Australian Securities and Investments Commission, which regulates financial products and brought the derivatives case.
- AUSTRAC, its digital currency exchange provider register and registration requirements for platforms serving Australian users.
- ASIC, its April 2023 media release that Binance Australia Derivatives had its Australian Financial Services licence cancelled.
- ASIC, its 2024 media release that it had sued Binance Australia Derivatives for consumer protection failures.
- ASIC, its 2026 media release that Binance Australia Derivatives was ordered to pay a 10 million dollar penalty for onboarding failures.
- Australian Taxation Office, general guidance on the taxation of crypto assets for Australian residents.
Frequently asked questions
Is Binance legal in Australia?
As of June 2026 Binance is available to Australian residents for spot trading and approved staking through its AUSTRAC registered digital currency exchange operator. Its separate Australian derivatives business closed in 2023.
Is Binance registered in Australia?
The Binance Australia spot service operates through a digital currency exchange provider registered with AUSTRAC, the anti money laundering regulator. Binance does not hold an Australian Financial Services licence for retail crypto derivatives, and its derivatives arm cancelled its licence in April 2023.
Can I trade derivatives on Binance in Australia?
Retail access to crypto derivatives is restricted in Australia. Binance closed its local derivatives business in 2023 after voluntarily cancelling its Australian Financial Services licence, so most Australian users are limited to spot trading and approved staking. Confirm the current product set before acting.
Can I deposit Australian dollars on Binance?
Australian dollar funding methods on Binance have changed over time, including a 2023 disruption when a payment partner withdrew support. Supported funding methods, assets, and fees change, so confirm what is offered to an Australian account before trading.
How is Binance taxed in Australia?
Tax on crypto for Australian residents is administered by the Australian Taxation Office. This page is not tax advice. See the Australia tax page for general information and confirm your own position with a qualified local professional before filing.
Rules change frequently. Platform availability and products in Australia change as the crypto licensing regime develops and registrations shift. The position on this page is dated June 2026. Confirm the current status with AUSTRAC, the Australian Securities and Investments Commission, and the platform before you act.
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