BTC Markets: licences, security, fees and reviews
Centralized exchange
In short
- Legal entity
- BTC Markets Pty Ltd, ACN 164 093 887
- Fees
- Spot taker: AUD/USDT pairs: 0.85% at $0.01-$500 30-day volume, falling to 0.10% at the top tier (as of 31 October 2026)
- Risks and caveats
- Crypto in an account is not protected by deposit insurance or the government Financial Claims Scheme.
- Checked
- 31 October 2026
Visitor ratings: do you like BTC Markets?
Key facts
- Type
- Centralized exchange
- Exchange launched
- 2013
- Operator
- BTC Markets Pty Ltd (Australia, ACN 164 093 887)
- Official site
- btcmarkets.net
Key facts checked on 31 October 2026 against official sources and regulator registers.
What is BTC Markets
BTC Markets is an Australian centralised crypto exchange founded in 2013 and operated by BTC Markets Pty Ltd from Melbourne. It offers an order-book exchange (Advanced Trade), Quick Buy/Sell, OTC trading, accounts for self-managed super funds and staking, mainly for Australian residents.
Good to know
- Accounts are generally for Australian residents; non-residents can only join as approved overseas users or liquidity providers at BTC Markets' discretion. ↗
- BTC Markets may appoint third-party custodians to hold customer crypto and can change these arrangements without the customer's consent. ↗
- Quick Buy/Sell charges no separate trading fee, but the price includes a spread; Advanced Trade fees start at 0.85% for the smallest 30-day volumes. ↗
- BTC Markets is an authorised representative of a related AFSL holder, BTCM Payments Pty Ltd, rather than holding its own AFSL. ↗
Services
| Parameter | Details |
|---|---|
| Spot trading | Advanced Trade order book for AUD and USDT pairs with volume-based fees. |
| Instant buy / sell | Quick Buy/Sell at a fixed quoted price that includes a spread. |
| OTC | OTC trading for large trades. |
| Staking / Earn | Staking of proof-of-stake assets, with slashing risk described in the terms. |
| Fiat deposits | AUD deposits and withdrawals free. |
Licences and registrations
| Jurisdiction | Entity | Licence / registration | Regulator |
|---|---|---|---|
| Australia | BTC Markets Pty Ltd | Registered with AUSTRAC as a virtual asset service provider (VASP) under the AML/CTF Act (company statement) | AUSTRAC |
| Australia | BTC Markets Pty Ltd | Authorised representative AR No. 1297122 of BTCM Payments Pty Ltd, AFSL No. 525840 (company statement) | Australian Securities and Investments Commission (ASIC) |
Security and audits
- Customer crypto may be moved into and out of cold storage under internal risk policies, and may be held by third-party custodians.
- In 2023 BTC Markets described itself as a Gold Certified Member of the Australian Digital Commerce Association, assessed through an independent audit.
Fees
| Parameter | Details |
|---|---|
| Spot taker | AUD/USDT pairs: 0.85% at $0.01-$500 30-day volume, falling to 0.10% at the top tier (as of 31 October 2026) |
| Spot maker | BTC pairs (ETH-BTC, LTC-BTC, XRP-BTC): flat -0.05% maker, 0.2% taker (as of 31 October 2026) |
| Deposits | AUD and crypto deposits free (as of 31 October 2026) |
| Withdrawals | AUD withdrawals free; crypto withdrawals carry a fixed fee per asset, e.g. 0.0002 BTC (as of 31 October 2026) |
Who can use it
- Verification: Individuals must be at least 18; KYC information is required and instructions may be cancelled without it.
- For Australian residents only, except approved overseas users and liquidity providers accepted at BTC Markets' discretion; accounts linked to sanctioned persons can be frozen.
History
| Date | Event |
|---|---|
| 2013 | BTC Markets is founded by two entrepreneurs to serve the Australian market. |
| 2023 | BTC Markets states it is the first fully certified digital currency exchange in Australia with the ADCA. |
Risks and caveats
- Crypto in an account is not protected by deposit insurance or the government Financial Claims Scheme.
- Customer crypto may be held by third-party custodians, and the customer accepts the risks of that custody.
- Assets may be lost through hacks, system failure or fraud affecting BTC Markets or its custodians.
About the company
- Legal entity
- BTC Markets Pty Ltd, ACN 164 093 887
- Founded
- 2013
- CEO
- Lucas Dobbins
- Headquarters
- Melbourne, Victoria, Australia (postal address GPO Box 3, Melbourne VIC 3001)
Official links
- Website: www.btcmarkets.net
- Fees: www.btcmarkets.net/fees
- Licences: www.btcmarkets.net/regulation
- Terms of use: www.btcmarkets.net/terms-of-service
- Security: trust.btcmarkets.net
- Status: status.btcmarkets.net
Questions and answers
Is BTC Markets regulated?
BTC Markets Pty Ltd says it is registered with AUSTRAC as a virtual asset service provider and is an authorised representative (AR No. 1297122) of BTCM Payments Pty Ltd, which holds AFSL No. 525840.
Does BTC Markets publish proof of reserves?
No public proof-of-reserves report is listed on its site; customer crypto may be held in cold storage and with third-party custodians.
What are BTC Markets' fees?
As of 31 October 2026 Advanced Trade fees for AUD/USDT pairs start at 0.85% and fall to 0.10% with volume; Quick Buy/Sell has no separate fee but includes a spread. AUD deposits and withdrawals are free.
Can I use BTC Markets outside Australia?
Accounts are for Australian residents, except approved overseas users and liquidity providers accepted at BTC Markets' discretion.
Sources
- BTC Markets - About us (archived 4 May 2026)
- BTC Markets - Terms of Service (archived 4 May 2026)
- BTC Markets - Fees (archived 30 September 2026)
- BTC Markets - Regulation (archived 1 February 2023)
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