What is coinspot and how does it work?

CoinSpot is a multi cryptocurrency wallet with built-in trading features. Users can store many coins, including Bitcoin, DASH, Dogecoin, Litecoin and others. CoinSpot also provides a competitive affiliate program. CoinSpot enables users to deposit in AUD with multiple free and instant deposit options including PayID and POLi.

Is coinspot a safe cryptocurrency exchange?

Yes, CoinSpot is a trusted cryptocurrency exchange and one of the few exchanges that has never been hacked since it was founded in 2013. It is also the first-ever Australia-based cryptocurrency exchange conferred the globally accredited ISO 27001 certification for its robust information security mechanisms. Is CoinSpot Regulated?

Why is coinspot so popular in Australia?

The reason why CoinSpot has gained so much popularity is due to the fact that they give Australian crypto traders what they are looking for. An easy-to-use interface, advanced trading features, very high security, and last but definitely not least, low exchange fees.

Does coinspot charge a trading fee?

Typically, Coinspot’s fees do not apply to experienced traders but to newbie traders who have just started their cryptocurrency trading careers using AUD. Every time traders place a trade on CoinSpot, the exchange charges a trading fee of 1% for all- buying, selling, or swapping cryptocurrencies.