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CoinSpot Australia’s Leading Crypto Exchange

Here why Coinspot is one of my favourites

What is coinspot?

It is an Australian exchange that lets you buy and sell cryptocurrency.

If you’re learning about crypto, you’re in luck as I have many tips and helpful information about crypto. Please note that I’m not a financial advisor, as this is my opinion only.

Is Coinspot Secure?

So is Coinspot secure? Yes, they have SSL protection. which means that any personal information is encrypted. They also have a 2-factor authentication system. It’s a safeguard to protect you from additional protection. You’d have to download the authenticator app on your phone. Every time, you sign in to your coinspot account, you would need to enter the code from the authenticator app.

What are the fees on Coinspot?

The fees range but basically it’s really simple. Here is the simple chart from Coinspot

Market Orders0.1%
OTC0.1%
Instant Buy, Sell and Swap1%
Take Profit, Stop & Limit Orders1%
Recurring Buy1%

AUD Deposits/Withdrawals

TypeFee
POLi, PayID, Direct DepositsFree
BPAY0.9%
Cash2.5%
Withdraw AUDFree

How to get started with CoinSpot?

Registering with CoinSpot is simple, all you need is an email address.

Once registered, you can then verify your account to deposit AUD and buy cryptocurrency within minutes.

To get verified you’ll need;

  • An email address
  • Australian mobile number
  • Passport or Drivers Licence

Now that you’re verified, you can deposit AUD and start buying!

8Expert Score
Awesome

A fairly easy to use for beginners in crypto

Pros
  • Easy to use and simple interface
  • Great Customer Support
  • Great for first time in crypto
Cons
  • A bit high on fees
  • Takes a while in transferring your crypto
  • Needs to show order history when clicking on a crypto
CoinSpot Australia’s Leading Crypto Exchange
CoinSpot Australia’s Leading Crypto Exchange
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