ACX Crypto Exchange Review 2025: Fees, Security & Usability

When you hear the name ACX Crypto Exchange is a Australian‑based cryptocurrency trading platform that focuses on spot trading and fiat‑to‑crypto services, the first question is: does it live up to the hype? This review breaks down the fees, security, deposit options, and overall user experience so you can decide if ACX fits your trading style.

Key Takeaways

• Trading fee is a flat 0.20% for makers and takers - slightly better than the 0.25% industry average.
• Withdrawal fee for Bitcoin is 0.0006 BTC, matching the global norm.
• AU$ fiat withdrawals are free, a rare perk for Australian users.
• Only wire transfers are accepted for deposits; no credit‑card option.
• Cold storage holds >95% of assets and 2FA is mandatory, but audit details are vague.

Fee Structure Compared to the Big Players

ACX’s flat 0.20% fee is easy to understand and stays competitive for low‑to‑medium volume traders. High‑frequency users might find Binance’s lower maker rates more attractive, but the free AU$ withdrawal offsets that for Australian residents.

Deposit Methods - What’s Inside the Wallet?

The platform only accepts wire transfers as the primary fiat funding method. Credit‑card deposits are not supported, which means you’ll face a 1‑3 business day wait before you can start trading. For Australians who already have a bank account, the process is straightforward:

1. Log in to ACX and navigate to the “Deposit” section.
2. Select “AUD - Wire Transfer”.
3. Copy the bank details and send the amount from your local bank.
4. Wait for the platform to confirm the receipt (usually within 24‑48 hours).

If you need quicker access, you’ll have to use a third‑party service to convert credit‑card payments into a bank transfer - an extra step most traders prefer to avoid.

Security Architecture - How Safe Is Your Money?

Security is the centerpiece of any exchange claim. ACX says it stores over 95% of digital assets in cold storage, meaning those coins are offline and out of hackers’ reach. The remaining assets stay in hot wallets for withdrawals, protected by two‑factor authentication (2FA). Users are forced to enable 2FA during signup, which adds a layer of protection.

However, the exchange does not publish the names of the audit firms or the exact certification standards it follows. While regular financial audits are mentioned, the lack of third‑party verification can be a red flag for risk‑aware investors.

Supported Cryptocurrencies & Trading Features

ACX is a spot‑trading‑only platform. It lists the major coins - Bitcoin (BTC), Ethereum (ETH), and a handful of well‑known altcoins - but it lacks the breadth of Binance’s 600+ pairs or the DeFi‑focused offerings on Coinbase Pro. There are no derivatives, margin, or futures contracts, which keeps the UI simple but may turn away advanced traders.

Regulatory Standing - Is ACX Legit?

Australian exchanges are expected to register with the Australian Transaction Reports and Analysis Centre (AUSTRAC) and comply with anti‑money‑laundering (AML) rules. ACX’s public materials mention regular financial audits, but they do not provide a registration number or a direct link to an AUSTRAC compliance page. This omission does not automatically mean non‑compliance, yet it adds another layer of due‑diligence for prospective users.

Pros & Cons - Quick Reference

• Pros
  • Flat 0.20% trading fee simplifies cost calculations.
  • Free AUD fiat withdrawals - a clear advantage for locals.
  • High cold‑storage ratio and mandatory 2FA improve security posture.
  • Straightforward spot‑trading UI works for beginners.
• Cons
  • Only wire transfers for deposits; no credit‑card option.
  • Limited crypto selection compared to larger exchanges.
  • Unclear audit details and regulatory registration information.
  • Lack of advanced features (margin, futures, staking).

Who Should Consider ACX?

If you’re an Australian resident who wants a simple way to buy and sell Bitcoin or Ethereum without paying withdrawal fees on AUD, ACX can be a good fit. It also works for users who prioritize a high cold‑storage ratio and don’t need a massive list of altcoins or complex derivatives.

Conversely, high‑frequency traders, DeFi enthusiasts, or anyone requiring instant credit‑card funding should look at more established platforms like Binance or Kraken.

Final Verdict

ACX positions itself as a niche, low‑fee exchange for the Australian market. Its strengths lie in transparent fees and solid basic security, but the platform’s limited transparency around audits and regulatory status, plus the narrow deposit options, keep it from competing with the industry giants. Treat it as a specialized tool rather than an all‑in‑one solution.

Frequently Asked Questions