Check the operator’s legal identity, relevant registration or licence, custody arrangements, fees and withdrawal terms. Understand insolvency and withdrawal suspension risks.
Use unique passwords and multi-factor authentication. Beware impersonation, fake support and urgent unsolicited requests. Use verified website addresses.
We do not endorse exchange names in the questionnaire. Cryptoassets remain high-risk on registered and licensed platforms. Registration is not deposit protection.
Cryptocurrency is high-risk. This guide does not assess your individual circumstances or provide financial, investment, tax or legal advice.
Sources & further reading
https://moneysmart.gov.au/investment-warnings/cryptocurrencies ↗https://www.austrac.gov.au/industry-and-business/your-industry/virtual-asset-service-providers/virtual-asset-service-providers-overview ↗