Choosing a crypto exchange, and what happens when one fails
Know what AUSTRAC registration covers, what proof of reserves does not show, and how to limit exchange risk.
Module 10 of 26, Crypto safety. Lesson 4 of 6, about 16 minutes.
The takeaway
Exchanges need AUSTRAC registration for AML, not solvency. Test withdrawals, keep only active amounts on exchange, and use self-custody for the rest.
This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.
Open this lesson in the course
General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.