A Complete CoinSpot Review 2023.
CoinSpot is a Bitcoin and cryptocurrency exchange based in Australia. The exchange was founded in 2013, and is one of the oldest and most well-known exchanges in the industry. CoinSpot offers a simple and easy to use platform, with a wide range of features and services. The exchange supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and more. CoinSpot is a popular choice for Australian cryptocurrency users, as it offers a convenient and easy way to buy and sell cryptocurrencies. You can find out more about coinspot review here.
Coinspot
CoinSpot is an online crypto trading platform that allows users to buy, sell, and trade cryptocurrencies. The platform offers a wide variety of coins and tokens, including Bitcoin, Ethereum, Litecoin, and more. CoinSpot is a secure and user-friendly platform that makes it easy to get started with cryptocurrency trading.
What is Coinspot?
CoinSpot is a third-party exchange based in Australia. More than 100 cryptocurrencies are available to buy and sell on the platform. This includes all of the trading pairs. The CoinSpot platform is easy to use. Australian residents are the only ones CoinSpot accepts for deposits and withdrawals. If you are based elsewhere, you will need to deposit funds with cryptocurrencies.
Is Coinbase or CoinSpot better?
It is legit to say that the Australian version of Coinbase is much more expensive than other broker-like marketplaces. With an adjusted scope of services for Australian users, Coinbase has evolved into a global brand, while CoinSpot has remained devoted to local audiences. While the Aussie brand supports a few different payment options for local traders, it is limited to debit card payments down under. For the purpose both exchanges serve, CoinSpot is a better solution.
Product Specs
COINSPOT | |
---|---|
Credit Card | No |
Credit/debit card | Yes |
Crypto Staking | No |
Cryptocurrency | 360+ |
Cryptos | Yes |
Deposit fee | BPAY: 0.9%, Cash: 2.5% | Bank transfer, POLi, PayID, OSKO: Free |
Deposit fees | Free except BPAY (0.9%), cash deposits (2.5%) |
Deposit methods | Bank transfer, POLi, PayID, BPAY, cash deposit, credit/debit cards |
Fiat Currencies | AUD |
Fiat currencies | AUD |
Headquarter: | Australia |
Markets | Spot |
Min maker | 0.10% |
Mobile app | Yes (iOS and Android) |
Options Fee | No |
Payment methods | PayID, Cash Deposit, Bank transfer, OSKO, BPAY, POLi |
Review | Read our full CoinSpot review |
Trading Features | 24/7 Live Chat support Staking available on 21 coins NFT marketplace Most trusted and secure Aussie exchange |
Trading fees | Market: 0.1%, Instant buy: 1% |
Withdraw Fee | Free |
COINSPOT - Reviews
2022-05-26
this is my first foray into the crypto world and have so far found this app to be the most user friendly
2022-03-19
easy to operate,gr8 security and a platform u can trust. Definitely worth every piece of time given,Noice coinspot
2022-03-03
Great App. Slight niggly issues here and there but the staff are friendly and it makes it a great experience. Recommend Coinspot to any digital currency investor.
2022-06-24
coinspot I've always loved. being using this platform for years and the only platform I will invest in. great job guys. quick prompt service. fast withdrawals. only disadvantage is the fees but still overall, I'm satisfied.
Conclusion
It has a large insurance fund in case of a hack, lower fees, and more coins and features. If you want an easy platform to use, CoinSpot is the better choice. Overall, there are 600 + coins, a total purchase fee of 0.15%, and more features. Both platforms have free deposits and withdrawals. If you want the most beginner-friendly platform, you should use Coinspot. The data and info that went into this can be seen in the rest of the post.