AUX Exchange isn’t a real option for serious crypto traders
If you’re looking at AUX Exchange as a place to trade cryptocurrencies, you’re wasting your time. This platform doesn’t offer anything useful-no liquidity, no security, no support, and no credibility. It’s listed on Coingecko, but that’s about the only thing it has going for it. Even there, the profile is bare: only 3 cryptocurrencies supported, 3 trading pairs total, and no details on when it was even launched. That’s not a startup-it’s a ghost.
Zero trading options compared to real exchanges
Most decent crypto exchanges offer hundreds, even thousands, of trading pairs. Kraken has over 460 coins. MEXC lists more than 2,500. Even smaller platforms like Swyftx support 500+. AUX Exchange? Three. That’s it. You can’t trade Bitcoin to Ethereum. You can’t swap USDT for any major altcoin. You’re stuck with whatever tiny tokens they’ve decided to list, and even then, there’s almost no volume. Without liquidity, your trades won’t execute at the price you expect. Slippage becomes a problem before you even hit the confirm button.
No security, no compliance, no transparency
Real exchanges protect users. Kraken uses cold storage and two-factor authentication. Swyftx holds ISO27001 certification. OKX Australia publishes monthly Proof-of-Reserves and works with the Australian Taxation Office. AUX Exchange? Nothing. No documentation. No security certifications. No public audit reports. No proof they even hold users’ funds. If you deposit crypto here, you’re trusting a black box with no accountability. And if something goes wrong-hacked, frozen, vanished-you have zero recourse. There’s no customer service page. No email. No live chat. No phone number. It’s not just unprofessional-it’s dangerous.
Not listed anywhere except Coingecko
Look at any reputable Australian crypto guide from 2025: Koinly, Cryptonews.au, Finder.com, NFTEvening, Arielle.com.au. None mention AUX Exchange. Not once. Not even as a footnote. Raymond La’s YouTube video on the top 5 crypto exchanges in Australia covers Coinbase, Binance, Kraken, Crypto.com, and Coinspot-every single one with millions in user activity and clear regulatory standing. AUX Exchange doesn’t make the cut because it doesn’t exist in the real market. It’s not a competitor. It’s not even a contender. It’s invisible.
No fiat support means it’s useless for most people
Can you deposit Australian dollars? No. Can you buy crypto with a bank transfer or PayID? No. Can you withdraw cash to your account? No. AUX Exchange doesn’t support fiat at all. That means you already need crypto to use it. Which means you have to buy it somewhere else first-like Coinbase or Swyftx-and then move it over. Why? To trade on a platform with three pairs and no liquidity? You’d save time, money, and risk by just holding your original coins.
No user base, no reviews, no community
There are no Reddit threads about AUX Exchange. No Trustpilot reviews. No Telegram groups. No Twitter discussions. No YouTube tutorials. Zero. Not even a single complaint or question from a user. That’s not because it’s hidden-it’s because nobody uses it. Real exchanges have active communities because people depend on them. AUX Exchange has silence. And silence in crypto usually means abandonment.
What you’re not getting: features, tools, or support
Even beginner-friendly exchanges like Swyftx offer demo modes, tax reporting integrations with Koinly, and educational content. Kraken gives you advanced charting, API access, and 24/7 support. AUX Exchange? No mobile app. No API. No tax tools. No help center. No FAQ. No guide. If you’re new to crypto, this platform won’t teach you anything. If you’re experienced, it won’t give you the tools you need. It’s not a trading platform-it’s a dead end.
Why it’s still listed on Coingecko
Coingecko doesn’t verify exchanges. It just lists them if they meet basic technical criteria-like having a public website and some trading volume. That doesn’t mean it’s safe, reliable, or legitimate. Think of it like a directory of every website ever made. Just because it’s listed doesn’t mean you should visit it. AUX Exchange is like a storefront with no products, no lights, and no sign on the door. It’s technically there-but you’d be crazy to walk in.
The bottom line: Avoid AUX Exchange completely
If you’re looking to trade crypto, there are dozens of better options-many of them free to use, regulated, secure, and packed with features. AUX Exchange offers none of that. It has no track record, no users, no transparency, and no future. The fact that it’s still listed anywhere at all is a red flag. It’s not a hidden gem. It’s a warning sign. Don’t deposit a single coin. Don’t even click the link. Your funds and your peace of mind are worth far more than the curiosity of trying something no one else uses.
Is AUX Exchange safe to use?
No, AUX Exchange is not safe. It has no security certifications, no proof of funds, no customer support, and no regulatory compliance. There’s no evidence it holds users’ assets securely. Depositing crypto here means risking total loss with no recourse.
Can I deposit AUD into AUX Exchange?
No, AUX Exchange does not support any fiat currency, including Australian dollars. You can only trade crypto-to-crypto, meaning you must already own crypto and transfer it from another exchange-adding unnecessary risk and complexity.
Why is AUX Exchange listed on Coingecko if it’s so bad?
Coingecko lists exchanges based on basic technical availability, not safety or quality. Many low-quality or inactive platforms appear there. Listing doesn’t equal endorsement. AUX Exchange has minimal volume and no transparency, making it irrelevant in the real crypto market.
Are there any users or reviews for AUX Exchange?
No. There are no user reviews on Trustpilot, Reddit, or any forum. No YouTube videos, no Telegram groups, no social media discussions. The complete absence of user activity is a strong indicator that no one uses it-and for good reason.
What should I use instead of AUX Exchange?
Use established, regulated exchanges like Swyftx, Kraken, Coinbase, or Coinspot. They offer fiat on-ramps, strong security, tax tools, mobile apps, and 24/7 support. They’re trusted by millions and continuously improve their services. AUX Exchange doesn’t even come close.
Does AUX Exchange have a mobile app?
No, AUX Exchange does not have a mobile app. There is no official iOS or Android application. Any app claiming to be AUX Exchange is likely fake or malicious.
Is AUX Exchange regulated in Australia?
No, AUX Exchange is not registered with AUSTRAC or ASIC. It does not comply with Australian financial regulations. It’s not part of the ATO’s data-sharing program and has no licensing or certification. Using it in Australia carries legal and financial risk.
Can I use AUX Exchange for tax reporting?
No. AUX Exchange has no integration with tax tools like Koinly, Sharesight, or CryptoTaxCalculator. You won’t be able to export transaction history in a usable format, making tax compliance impossible. This could lead to penalties from the ATO if you’re audited.