Very easy to set up. Simple to use. I'm very new to this I'm glad it was all simple to set up and get started.

Instant verification, instant deposit (no fees), can buy and sell instantly. Trading fee is 0.1% on market which use for big coins like BTC/ETH. 1% for instant buy/sell, which is ok considering so many coins offered. Easy compared to sending to binance and have to take so long.
Security seem very good, feel safe to keep my coins here. Support very … Show more helpful I ask a lot of questions on live chat.
Have been trying a lot of exchanges, and this is my favorite so far.
Plus say are most popular in AUS, have a lot of people on facebook/twitter. If price goes up very high I feel safe that they will give me my money when I withdraw. Some of the small ones, scared they cannot give everyone money when they try at the same time. Just my opinion better to be safer then sorry.

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It has been hard losing a lot of money to binary options and Cryptocurrency trading. My money has now been recovered, thanks to a recovery boss.

CoinSpot has been an excellent exchange for me and over the last year or so they have really improved their platform by reducing fees and improving usability of the site, buying crypto is easy and there are multiple ways you can fund your account, great security with two factor authentication, overall a great platform, read my full review at: https://2040wealth.blogspot.com/2017/09/the-easiest-way-to-buy-cryptocurrency.html

The fees - BAD
The security - BAD
The delay in sending emails - BAD
They hold onto your coins and the non-automated backend of the website means everything is done by a guy called Russ Wilson from Berwick in Canberra who charges ridiculously high fees YET CANT EVEN GET VERIFICATION EMAILS SENT!

I waited all night to move my Bitcoins AWAY from CoinSpot … Show more and they prevented it by not sending a verification email- therefore I have to cancel my Bitcoins sending.

Too much more to lkist- im going to bed- and when Im finished with Coinspot it will be permanent!!

I was using Coinspot for a while as there are no other providers that offer a similar service in Australia with a range of coins. Unfortunately though, Coinsport is ripping me off by having the following practices against the whole Block chain technology:
1. Having a massive difference in Sell and Buy rate.
2. When you sell, the amount they credit … Show more you is far off to what you see at the time of sale.
3. 1% charge on all transactions including sending money to a different exchange.

This violates the whole concept of "Blockchain". The middle man here, "Coin Sport" is doing what blockchain technology was developed to avoid.

How ironic?

Make trades with your bitcoin at prices you never apply and when you call them out on it ,they deny any fault. Sent screenshot to confirm mistake and still no help from support. Easy to set up and use, but too slow to keep up with market trends!

The site has many coins, but their market is for the Crypto ignorant and misinformed. They charge a massive fee, their buy and sell price is waaaay off from the actual market price. To make it all worse, the more you spend on a transaction the more they charge you because and I quote "to accommodate for the additional depth … Show more of orders necessary to complete the requested trade"
Definitely wouldn't recommend it to anyone. Crypto is here to eliminate these bank hidden schemes and unfortunately sites like Coinspot are corrupting the crypto market with similar schemes.

The general use of coinspot is quite easy and usually works right. Unfortunately they recently set up a pegged system which doesn't work, there appears to be a major issue with their coding. I set an order to buy btc at market price -2% when btc was floating around 9000 AUD. My order processed with a purchase price of over … Show more 13000 AUD. I've complained but they did nothing. Beware of the pegged order system