Pepperstone Opens Spot Crypto Trading to Australians

Pepperstone launches its Australian spot crypto exchange, offering Bitcoin, Ethereum, Solana, USDC, and USDT with 0.1% flat fees.

Key Points:

• Pepperstone launches a spot crypto exchange in Australia, offering Bitcoin, Ethereum, Solana, USDC, and USDT with a flat 0.1% trading fee, separate from its existing CFD operations.
• The move reflects a broader trend among CFD brokers expanding into crypto exchanges and DeFi products, following peers like IG Group and CMC Markets in global markets.

Pepperstone, the CFD broker known for contract-for-difference trading, launched its dedicated spot crypto exchange, making it available exclusively to Australian users.

The launch follows CEO Tamas Szabo’s announcement at last November’s AusCryptoCon, where he revealed the company’s plan to enter the crypto exchange market.

Pepperstone Opens Spot Crypto Trading to Australians

At launch, the Pepperstone Crypto platform lists five cryptocurrencies—Bitcoin, Ethereum, Solana, and two stablecoins, USDC and USDT—all paired with the Australian dollar. The company plans to expand its cryptocurrency offerings over time. Pepperstone also charges a flat trading fee of 0.1 percent.

“The key focus areas have been ensuring deep liquidity, maintaining platform stability during peak trading, and supporting secure deposit and withdrawal processes,” Szabo said. “The team has worked carefully to address these considerations, allowing the launch to proceed as planned.”

Although Pepperstone has offered crypto CFDs for years, it keeps its new spot crypto platform separate from its legacy CFD operations. “Leveraging the scale of our broader CFD business, which processes over USD 6 billion in crypto CFD volume each month, we support robust liquidity and reliable execution for our clients,” Szabo added.

The company also developed its crypto infrastructure in-house. While resource-intensive, this approach provides full oversight of execution quality, deep liquidity, pricing, and system security.

Pepperstone joins other CFD brokers moving into crypto offerings. In the United Kingdom, IG Group partnered with Uphold last year to offer spot crypto and later became the first UK-listed firm to secure a cryptoasset licence from the FCA. IG Group acquired an Australia- and Singapore-regulated crypto exchange and plans to expand crypto services across Asia-Pacific and the Middle East.

CMC Markets is developing decentralized finance (DeFi) products as part of its “super app” strategy and established a Bermuda office with a digital asset licence to expand internationally. Other brokers, including XTB and Capital.com, are exploring crypto product launches as well.

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