Verified: CoinSpot Is Australia's Leading Cryptocurrency Exchange, Founded In 2013 And Headquartered In Melbourne. The Company Currently Has No Effective Supervision. Traders Are Requested To Consider Carefully And Pay Attention To Risks To Prevent Capital Damage.
According To The Company's Official Website:
The Platform Provides Buying, Selling And Exchanging Services For More Than 510 Digital Assets. Users Can Trade Through Market Orders (0.1% Fee) Or Instant Orders (1% Fee).
Products And Services
CoinSpot MasterCard: Allows Users To Use Cryptocurrency For Payments Anywhere MasterCard Is Accepted.
Self-Managed Superfund (SMSF) Service: Provides Support For Users Who Wish To Include Cryptocurrency In Their Retirement Plans.
Cryptocurrency Bundle: Users Can Purchase Multiple Digital Assets At Once To Diversify Their Portfolios.
NFT Marketplace: Provides A Platform To Explore, Buy, And Sell Non-fungible Tokens (NFTs).
Staking Service: Supports Staking Of More Than 23 Cryptocurrencies With Up To 45% Annual Yield (APY).
In Addition, CoinSpot Also Offers Over The Counter (OTC) Services For Large Transactions And Makes It Easy For Users To Manage Cryptocurrency Portfolios Anytime, Anywhere Through Its Mobile Apps (iOS And Android).
AUD Deposit Options
Easily Deposit AUD Using A Variety Of Free And Instant Deposit Options Such As PayID And Direct Deposit.
You Can Also Deposit At Thousands Of BlueShyft Outlets Across Australia Via BPAY Or Cash For A Small Fee.
Wallet
Deposit Any Cryptocurrency Listed On CoinSpot Into Your Multicoin Wallet.
Easily Manage Over 360 Cryptoassets Within The Security Of Your CoinSpot Account.
Easily Track Your Assets And Wallet Value In A Simple View Within The App, Access Your Wallet To View Your Recent Order History, Seamlessly Send And Receive Directly From The App, And View Recent Transactions.
Advantages
Relatively Beginner Friendly.
Large Selection Of Cryptocurrencies.
Support For AUD Transactions And Seamless Integration With The Australian Banking System.
Disadvantages
Higher Fees For The Instant Buy And Sell Option.
Advanced Trading Tools Are Limited Compared To Global Exchanges Such As Binance.
No Effective Regulation
Customer Support
The Platform Offers Live Chat On The Website, Monday To Sunday: 24/7.
Also, Help Desk Submit Work Order Contact, Monday To Sunday: 24/7