CoinSpot Cryptocurrency Exchange Review
What is CoinSpot? CoinSpot a splendid
Australian based cryptocurrency exchange where users can buy and sell 130+
digital currencies including Bitcoin, Ethereum, Tether USD. This exchange is
gaining importance in digital market because of its reliability and features. CoinSpot is multi coin wallet, user-friendly
platform, easily understandable and provides you with remarkable customer
service. The basic layout of the exchange is enjoyable and simple in comparison
to other exchanges. One can easily and quickly get registered on this platform and
verify his account if he/she is Australian resident. This platform is Australian based thus allow users
to deposit AUD in CoinSpot account and withdraw funds to an Australian bank
account. Canadian users can deposit Bitcoin, Litecoin and Dogecoin to start
trade but you can’t get verified user status unless you are based in Australia. Top Features of CoinSpot: Key features of CoinSpot that makes this platform
exceptional: Swap Cryptocurrency Projects: This is the best feature
you will see on this exchange. Users are able to swap 130+ cryptocurrencies
available on the coinspot with only 1% of fee. Basic Layout: Enjoyable, simple and clean
cryptocurrency exchange market platform as compared to other exchanges which
have confusing and complex layout. No Withdraw Fee: If you are an Australian user and
want to withdraw AUD to bank account then there will be no withdraw fee and if
you withdraw any cryptocurrency to external wallet then there will have you pay
network fee only. User-Friendly: CoinSpot is very easy to use and
user-friendly platform. Easy and quick signup service to start trading more 130
cryptocurrency projects. Excellent Customer Service: This exchange provides
very excellent customer service to their users and that’s all users want when
they face any problem related to trading. How to Deposit Funds on CoinSpot? How can anyone deposit funds on CoinSpot to start
trading. Here are few options: POLI Payments: POLI is Australia’s online payment
network which has been around since may years. POLI is secure and safe
alternative of PayPal and BPAY and users can use internet banking to pay goods
and other things. One can deposit AUD on CoinSpot exchange using POLI Payments
and you will charge no deposit fee using this method. Minimum deposit is $1 and
maximum deposit is $20k through this method in 24-hour duration. BPAY: Australia’s leading e-wallet platform supported by150 banks throughout the country. You can deposit money on CoinSpot using this
method. If you deposit AUD through BPAY you will be charged 0.095 fee. Maximum
deposit limit is $10k in 24-hour period. PayID: PayID is an Australian based online payment
platform. If you have PayID you can deposit funds on CoinSpot and you will not
be charged any deposit fee. Platform accepts $2k in 24-hour duration through
PayID. BlueShyft: Australia’s famous payment platform that allows
user to deposit funds at more than 1200 locations through the country. You will
be charged 2.5% fee if you deposit AUD on CoinSpot using BlueShyft. Minimum
deposit using this method is $50 and maximum deposit allowed in 24-hour period
is $8,000. Cryptocurrency Projects Available on the CoinSpot Coinspot cryptocurrency exchange is very easy to
use. You can buy/sell more than 130 digital currencies on this platform. List
of some Top Cryptocurrency projects available on that exchange: Bitcoin, Ethereum, Dogecoin, Ripple, Tether USD,
NEO, Tron, EOS, Stellar, GAS, ChainLink, DASH, Cosmos, IOTA, NEM, Ontology,
Zcash, VeChainThor, QTUM, Bitcoin Gold, ICON, Ravencoin, Theta, Enjin Coin,
Digibyte, Komodo, Verge, Zillaq and many more. Full List of Cryptocurrencies available on theCoinSpot. Countries Supported by CoinSpot CoinSpot exchange is working with local
regulations of Australia country. So, Only Australian residents are able to use
CoinSpot exchange. Canadian users can deposit Bitcoin, Litecoin, Dogecoin and
start trading on this exchange but they will not get the status of verified
users. Customer Support of
CoinSpot Exchange CoinSpot customer support service is running
through ZenDesk. ZenDesk is the leader in customer support industry and more
than 200k companies use this platform for their customer support services. If you face any issue or problem while using
CoinSpot exchange you can contact their customer support by submitting ticket
anytime you want. Also, a direct option is also available via email
investigation for users help. Is CoinSpot Safe to Use? Australian Business Number (ABN): CoinSpot is registered
with (ABN) Australian Digital Commerce Association: CoinSpot is
the member of (ADCA) This exchange is following the laws of AUSTRAC (Australian
Transaction Reports and Analysis Center) When anyone want to invest in digital currencies
then he/she wants the security and safety of funds. As stated above CoinSpot exchange
is following the rules imposed by AUSTRAC which makes this exchange trustworthy. Also, users face strict verification process if
they want to start trading on this platform. One need to provide his/her Email,
Phone Number, Photo of ID and Proof of your address etc. Two Factor
Authentication (2FA) is available on this platform to ensure the safety of user’s
funds. At the end, If you are Australian resident you can use this exchange
without any hesitation. How to Start Trading on CoinSpot? Want to register an account on CoinSpot, follow
the steps Click on this link CoinSpot Register
Provide your Email and Password and Press Create
Account Button
You will receive a link on your provided email
Click this link and you will be redirected to
CoinSpot exchange
Click on “Account” on top right corner then choose
“Verification” and provide your documents required by CoinSpot team to complete
KYC Process
Must Enable 2FA for your fund’s safety. Pros Low Withdraw Fees (AUD) to Bank Awesome Layout and User-Friendly Secure and Safe Exchange Cons Available in Australia Only High Trading fee (1%)