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Does coinspot have an audit opinion?

CoinSpot got anunqualified audit opinion, the highest level of assurance under Australian Auditing Standards. This demonstrates CoinSpot’s unparalleled dedication to upholding its stringent standards. For the fiscal year 2022, CoinSpot is undergoing an external audit of its financial reports.

What is coinspot & how does it work?

What is CoinSpot? CoinSpot is an Australian-based cryptocurrency exchange that opened its doors in 2013. Founded by the cyber-security specialist Russell Wilson, CoinSpot established itself as one of the first crypto exchanges that provide a vast array of digital assets in Australia.

Is it free to deposit AUD into a coinspot account?

It is free to deposit AUD into your CoinSpot account and really easy to start buying crypto straight away. When I first set up my CoinSpot account, I bought crypto in less than 2 minutes. With CoinSpot's instant crypto purchases, you can buy any of the 370+ coins by simply clicking the Buy button.

How many users does coinspot have in Australia?

CoinSpot claims to have over two million users in Australia. While this might not seem like a significant number when compared to global exchanges like eToro or Coinbase, it is important to consider that CoinSpot caters only to the Australian market.

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