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Independent Reserve

AUSTRAC RegisteredInsured CustodyAU Order BookMAS Licensed (SG)

Sydney-built and institutional in temperament: a genuine AUD order book, insured custody and one of the strongest regulatory footprints of any Australian exchange.

Headquarters
Sydney
Founded
2013
AUSTRAC
Registered
AU Entity
Independent Reserve Pty Ltd
AUD Deposits
PayID · Osko · Bank · SWIFT
Model
Order book
Assets
30+
Coindaily Score
87 /100

Regulatory standing in Australia

Independent Reserve has been AUSTRAC-registered since the digital currency exchange register opened and has operated from Sydney since 2013, making it one of the longest-standing Australian venues with a genuine local order book.

Its standout credential sits offshore: in 2021 it became one of the first exchanges licensed by the Monetary Authority of Singapore as a Major Payment Institution - a licence with hard capital, custody and AML requirements that very few global exchanges have cleared. That discipline carries into the Australian operation.

It was also the first Australian exchange to arrange insurance over custodial crypto assets, and it publishes a clear local corporate structure rather than routing clients through offshore entities.

independentreserve.com
Independent Reserve homepage
Homepage as served to Australian visitors · captured Jun 2026

Local offerings & AUD rails

  • Full AUD rails: PayID, Osko, EFT and SWIFT, with same-day local settlement
  • Genuine AUD order book plus an OTC desk for large orders
  • Insured custody over digital assets held with the exchange
  • SMSF support with dedicated onboarding and statements - a long-running specialty
  • KPMG-built crypto tax estimator integrated into the account
  • Local support on Australian hours

Costs in practice

Maker
0.50%
Taker
0.50%
Typical Spread
0.10%
Effective Cost
~0.60%

Order-book venue: effective cost ≈ taker fee + spread. Figures match the Coindaily exchanges table and are modelled; check the live schedule before trading.

Where it wins

  • Strongest regulatory posture of the local venues (AUSTRAC + MAS licence)
  • Insured custody and clean corporate structure
  • SMSF and OTC capability
  • Genuine order book, not a brokerage spread

Where it costs you

  • Only ~30 assets - majors and large caps
  • 0.5% headline fee is high next to global books (falls with volume)
  • No derivatives or advanced products
The Coindaily verdict

The closest thing Australia has to an institutional local exchange. You give up coin range and pay a higher headline fee; you get insured custody, a real book, SMSF plumbing and the most serious compliance record in the local market.

Frequently asked questions

Is Independent Reserve regulated?

It is AUSTRAC-registered in Australia and holds a Major Payment Institution licence from the Monetary Authority of Singapore - one of the harder licences in the region to obtain. Crypto exchanges in Australia are not ASIC-licensed for spot trading; AUSTRAC registration is the local baseline.

Is my crypto insured?

Independent Reserve arranges insurance over custodial digital assets, and was the first Australian exchange to do so. Terms and coverage limits apply - read the current policy disclosures.

Does it support SMSFs?

Yes. SMSF onboarding, statements and tax reporting are core offerings, and it is one of the most commonly used venues for Australian self-managed super funds holding crypto.

Registrations, licences and product availability change. Check the current AUSTRAC digital currency exchange register and the platform's own disclosures before depositing. This page is general information only, not financial advice, and may contain modelled figures.

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