Is coinspot a good exchange in Australia?

Coinspot Review Australia 2022 | Fees, Features and Warnings! Coinspot is the biggest Australian-based exchange with over 2 million users. It’s no wonder why Coinspot is Australia’s biggest crypto exchange. Their trading platform is well designed and incredibly easy to use, making it a suitable exchange for beginner traders in Australia.

Is coinspot a good cryptocurrency platform?

Positive CoinSpot reviews: CoinSpot boasts a 4.5 + out of 5 rating on both Product Review and TrustPilot, making it one of the highest-ranked cryptocurrency platforms in Australia. CoinSpot user reviews on Reddit and around the web are generally very positive.

Does coinspot have a financial audit?

CoinSpot was the first Australian Cryptocurrency Exchange to complete an External Statutory Financial Audit, conducted by an independent auditor in accordance with Australian Auditing Standards. Complies with the Australian Transaction Reports and Analysis Centre regulations in Australia.

Should you use coinspot for long-term investment?

If you’re looking to use Coinspot for your long-term investment needs, then you are best off withdrawing your coins to private Bitcoin wallets. Coinspot is also involved in the OTC (over-the-counter) space. This means that they can facilitate direct cryptocurrency trades for institutional investors.