CoinSpot

47 user reviews

CoinSpot is a fee-based digital currency (cryptocurrency) trading platform based in Melbourne, Australia. Former programmer Russell Wilson founded CoinSpot in 2013 with two main objectives: to enable anybody to enter the digital currency market, and to promote the widespread acceptance of digital currency assets. CoinSpot’s stated aim is to deliver superior customer service to beginner and experienced traders alike. The CoinSpot platform enables users to buy, sell, send, spend or store digital currencies, without the need for in-depth technical knowledge. In order to trade on the CoinSpot platform, customers need to register a user account. Once registered, it is possible to log in from a desktop, or to transact from a mobile device with the secure CoinSpot multi-currency digital wallet. Residents of Australia can also link a bank account and trade in Australian Dollars. CoinSpot customers can instantly buy or sell 46 different digital currencies, including Bitcoin, Ethereum, Neo, Golem and Dogecoin. Cryptocurrency can be stored in the digital wallet, and can also be sent to other users or used to make online purchases. Australian users can also withdraw directly to their bank accounts. According to Coinspot’s website, all funds are kept in escrow, and the company utilises independently-audited third party data centres and a multi-factor identification process. CoinSpot is a member of ADCCA, the Australian Digital Currency and Commerce Association. The company is also compliant with AUSTRAC, Australia’s counter-terrorism anti-money and laundering financing regulator. Support is available via the Help Centre and Knowledgebase.

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47 user reviews

“Good but questions about security. ”
Reviewed

Be good if coinspot could do a video about their exchange & the security of it as there’s a lot of people still doubtful of security

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This review is the subjective opinion of a Host Advisor member and not of Host Advisor Pty Ltd.

“Good job”
Reviewed

Good Job. It's going to be a great year for Bitcoin!

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This review is the subjective opinion of a Host Advisor member and not of Host Advisor Pty Ltd.

“Customer service is terrible”
Reviewed

My account has been hacked I've lost over $20,000 I've had to go to AFCA because they refuse to answer or 21 emails just look at their Facebook you will see what I mean save ripped off a lot of people is a lot of people upset my account was compromised on the 21st January 2021 it wasn't noticeable until Show more

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This review is the subjective opinion of a Host Advisor member and not of Host Advisor Pty Ltd.

“BEWARE - DO NOT USE COINSPOT! They take your deposits instantly but don't process withdrawals and 'lose' your money”
Reviewed

From today onwards I will never use CoinSpot and will be reporting them to Fair trading, ASIC etc.
These scumbags conveniently (for them) don't have a contact number for when things conveniently (for them) go wrong for you. They take your deposits instantly but don't process withdrawals for hours or 'lose' your money. We transferred thousands of coins to another wallet Show more

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“Aussie coins!”
Reviewed

Should add a aussie coin for us to invest into coinspots net worth. Otherwise, awesome platform!

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This review is the subjective opinion of a Host Advisor member and not of Host Advisor Pty Ltd.

“Stop Loss finally!”
Reviewed

Awesome. i was straight onto this. Now I can sleep at night again without checking the bloody market at all sorts of odd hours. Good on you Coinspot.

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“Solid service!”
Reviewed

Hey Guys, really looking forward to you hosting RAMP Defi on the platform! it is starting to get a lot of attention and would prefer to get it on coinspot than other exchanges.

Coinspot is an all round competent platform. Fast, secure and modern with easy to use UI!

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“Simple and easy to trade”
Reviewed

Love this platform. It's really easy to trade and the user interface is not cluttered with BS. Lots of new currencies being added all the time too!

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“BPAY is slow AF”
Reviewed

Bpay to coinspot takes forever. Too dam slow. Especially in these times. Far out guys

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“IOS App”
Reviewed

Looks like your iOS app has been released. I notice you need to login every time you open the app. Using the faceid function would be very beneficial. Overall it looks good though and I love your service!

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This review is the subjective opinion of a Host Advisor member and not of Host Advisor Pty Ltd.

CoinSpot features

  • Bitcoin
  • Ethereum
  • Litecoin
  • Monero
  • Email ticket support
  • Ardor
  • Augur
  • Basic Attention Token
  • Bitcoin Cash
  • Bytecoin
  • Civic
  • Dash
  • DigiByte
  • Dogecoin
  • EOS
  • Ethereum Classic
  • Factom
  • FunFair
  • Golem
  • IOTA
  • LBRY Credits
  • Lisk
  • MaidSafeCoin
  • Metal
  • NEM
  • Neo (AntShares)
  • Nexus
  • Nxt
  • OmiseGO
  • Peercoin
  • PIVX
  • Reddcoin
  • Ripple
  • Safe Exchange Coin
  • Siacoin
  • Steem
  • Stellar
  • Stratis
  • TenX
  • Tether USD
  • Verge
  • Waves
  • Buy
  • Sell

Official description provided by CoinSpot

Founded in 2013, CoinSpot is one of Australia’s leading exchanges with the largest selection of blockchain assets of any Australian Exchange.

CoinSpot prides itself as a leader in the digital currency market and aims to provide superior customer service. CoinSpot has revolutionised the digital currency market by providing a secure platform which aims to break down the technical barriers enabling a greater range of Australians to experience digital currencies.

CoinSpot promotes a strong digital currency community with an aim to expand and broaden the acceptance of blockchain assets in an aim to gain greater acceptance in Australia.

CoinSpot provides customers with the largest Show more

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