Is Nexo available in Australia?

Available to Australian residents

Nexo serves residents of Australia, and Australian users have access to its current feature set. Nexo operates as a digital currency exchange provider registered with AUSTRAC. Products and eligibility vary, so verify what is offered before funding an account.

As of: 26 June 2026 Last reviewed: 26 June 2026

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.

Quick answer

As of 26 June 2026, Nexo serves residents of Australia and Australian users have access to its current feature set, including earning on assets, crypto backed credit lines, and trading. Nexo operates as a digital currency exchange provider registered with AUSTRAC, the Australian anti money laundering regulator, while the Australian Securities and Investments Commission (ASIC) oversees financial products and conduct. Exact products and eligibility vary and terms apply, so confirm current product availability with Nexo before acting.

Availability

Availability for Australian residents

As of 26 June 2026, Nexo is available to residents of Australia. Australia is among the regions where Nexo users have access to its current feature set, alongside the European Union, the United Kingdom, Singapore, and others. Onboarding is through the Nexo app or website with identity verification.

In Australia, providers that buy, sell, or exchange digital currency for money must register with AUSTRAC, the financial intelligence and anti money laundering regulator, and meet its reporting obligations. Nexo provides services to Australian residents as a registered digital currency exchange provider. Separately, the Australian Securities and Investments Commission (ASIC) regulates financial products and licensing where relevant.

Australian crypto regulation continues to develop, including proposals to bring some digital asset platforms within the financial services licensing regime overseen by ASIC. Because availability and product rules can change, treat this page as a dated snapshot and confirm the position directly with Nexo and the AUSTRAC register.

How it works

Access, KYC, and products

Nexo is a custodial platform, which means it holds the assets in your account on your behalf rather than giving you the private keys. Australian users complete identity verification, known as know your customer, before accessing the full feature set, and can fund accounts by bank transfer, card, or crypto transfer.

Nexo positions itself as a wealth platform rather than a pure exchange, with earning on stablecoins and other assets, crypto backed credit lines, and trading. The Nexo Card is offered to eligible regions such as the European Economic Area and the United Kingdom and may not be available in Australia, so confirm what is offered to you on the platform itself.

Tax

How crypto is taxed in Australia

The Australian Taxation Office (ATO) treats crypto as a capital gains tax asset for most investors, so disposing of crypto, including swapping one asset for another, can trigger a capital gain or loss. Some activity, such as rewards from staking or running a business, can be taxed as income instead.

Rules, discounts, and thresholds change and depend on personal circumstances, so confirm the current treatment with the ATO or a qualified adviser. See the Australia crypto tax page for a fuller explanation. This is general information, not tax advice (as of 26 June 2026).

Compare available exchanges

Several platforms serve residents of Australia and register with AUSTRAC as digital currency exchange providers. Availability and products 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.

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Sourcing

Regulators and sources

In Australia, AUSTRAC registers and supervises digital currency exchange providers for anti money laundering purposes, while the Australian Securities and Investments Commission (ASIC) regulates financial products and conduct. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.

FAQ

Frequently asked questions

Is Nexo available in Australia?

Yes. As of 26 June 2026, Nexo serves residents of Australia and Australian users have access to its current feature set. Nexo operates as a registered digital currency exchange provider with AUSTRAC. Verify current product availability with Nexo before acting.

Who regulates crypto in Australia?

Crypto in Australia is overseen by the Australian Securities and Investments Commission (ASIC) for financial products and conduct, and by AUSTRAC for anti money laundering registration of digital currency exchange providers. Owning crypto is legal in Australia.

Is Nexo registered with AUSTRAC?

Nexo provides services to Australian residents as a registered digital currency exchange provider with AUSTRAC, the Australian financial intelligence and anti money laundering regulator (as of 26 June 2026). Confirm the current registration on the AUSTRAC register.

What can Australian residents do on Nexo?

Australian users can access Nexo's current feature set, including earning on assets, crypto backed credit lines, and trading. The Nexo Card is offered to eligible regions and may not be available in Australia. Confirm what is offered before funding an account.

How is crypto taxed in Australia?

The Australian Taxation Office treats crypto as property, so disposals can trigger capital gains tax and some receipts are taxed as income. Rules and thresholds change and depend on personal circumstances, so confirm the current treatment with the ATO or a qualified adviser. This is general information, not tax advice.

Where can I confirm the current position?

Check the AUSTRAC register of digital currency exchange providers, ASIC guidance, and Nexo's own help center. Those primary sources are the most reliable way to confirm availability before acting.

Rules change frequently. Exchange availability, products, and registrations can change at short notice, and Australian crypto regulation is evolving, including proposals to license some platforms through ASIC. The position on this page is dated 26 June 2026. Confirm the current status with AUSTRAC, ASIC, and the platform before you act.

Keep reading

Related pages

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Written and reviewed by the wherelegalcrypto editorial team, Morten Andersen and Fredrik Filipsson. Each status is checked against the named regulator and dated. See our editorial standards.