CoinSpot is a cryptocurrency exchange based in Australia. Unlike most other crypto exchanges, it does not have a daily limit. The maximum amount of purchase or sell is $100,000 AUD for Bitcoin, and varies for other cryptocurrencies. The buy and sell limits can be changed anytime. Besides being available only in Australia, CoinSpot also offers live chat support so you can ask questions and get answers as quickly as possible.
The site has a user-friendly interface. All users are free to login and start buying and selling cryptocurrencies. There are no trading fees, and you can start using your CoinSpot account any time. All you have to do is enter the amount you want to invest in AUD, and a panel will calculate the total cost. After you’ve entered the correct amount, you can proceed to deposit or withdraw the coins.
For new users, CoinSpot offers a variety of crypto coins, but its focus is on Bitcoin and other Australian-based cryptocurrencies. It supports all deposit and withdrawal methods and also supports the DeFi protocol. Moreover, the exchange accepts only Australian dollars, which means you’ll save on exchange rates. It also has its own OTC desk, allowing you to buy and sell large amounts of a variety of cryptocurrencies. The site allows you to make deposits and withdrawals in AUD, so it’s safe for Aussies to invest in cryptocurrencies. The website is a secure and safe place to invest in cryptocurrencies, and it has been running for several years without any reported hacks.
Unlike most exchanges in Australia, CoinSpot has a zero-fee option. You can deposit your money via bank transfers and use your mobile number as a payment method. The site has a fee of 2.5% for cash and BPAY deposits, but it doesn’t charge any fees for either. This is the same fee you’ll pay if you make a cash deposit, which is cheaper than using a bank.
With over 250 cryptocurrencies and tokens, CoinSpot is the best option for Aussie investors. The exchange offers a mobile app for Android and iOS users. Besides being a top-tier bitcoin exchange, CoinSpot is also well-known for its friendly customer service. Its team is responsive and helpful. In addition, it supports a range of currencies, including AUD and Bitcoin. Its free API makes it easy to transfer cryptocurrency from one currency to another.
Despite its high-quality service, CoinSpot has a limited number of payment methods. Its user-friendly interface is blue and easy to navigate. Moreover, it has a comprehensive list of over 310 cryptocurrencies paired against the Australian dollar and ranked according to their market capitalization. Depending on your preferences, you can use the search bar to find the right cryptocurrency. There is also an affiliate program that you can join for a 30% commission on referral fees.