Coinspot is Australia’s #1 cryptocurrency exchange, founded in 2013 by cybersecurity expert Russell Wilson.
Coinspot is Australia’s #1 Cryptocurrency Exchange
The platform has achieved great success since its inception, becoming the #1 cryptocurrency exchange in Australia. The platform is also known for its adherence to Australian law. Coinspot is affiliated with the Australian Government Financial Intelligence Agency (AUSTRAC) to combat crimes such as Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF). Finally, the platform is Australia’s first ISO 27001-certified cryptocurrency exchange.
Features of Coinspot
Since its inception, the Australian-based cryptocurrency exchange has proven its success to the whole country. The highlights of the platform are as follows:
- 380+ Cryptocurrency Support
- Earn interest on 22 different cryptocurrencies
- Low Transaction Fees
- Low Deposit Fees
- AUD withdrawals are Free of charge
- Security
- 24/7 Live Support
- NFT Marketplace
- Mobile App
- 2.5M+ Customers
The features mentioned above are the highlights of the platform. These items and extra features are explained in detail under the following headings.
Easy to Use
Coinspot is designed in a way that investors of all categories can use. With its platform interface and customer support, it is a platform that can be easily used by users of all masses.
380+ Cryptocurrency Support
The platform supports more than 380 cryptocurrencies, including the most prominent coins. After registering on the platform, users can buy their desired cryptocurrency in one click by uploading money.
Trade Market with Low Fee
The platform takes crypto professionals into account, making it possible to trade on the regular market. Market transactions are charged a low transaction fee of 0.1%.
High-Level Security
Coinspot has been audited by SCI Qual International. As a result, it is the only cryptocurrency exchange in Australia to be ISO 27001 certified. The platform also works with the Australian government’s digital currency regulators to take measures to prevent digital crime. As a result, the platform is supported by the Australian government and has become the #1 cryptocurrency exchange in Australia.
Since its inception in 2013, the platform has never been hacked or faced with any security vulnerabilities. The government-backed platform is the safest place for users in Australia.
Coinspot Earn
Coinspot’s Earn program allows users to earn interest income on their cryptocurrencies. Currently, users can earn interest on a total of 22 cryptocurrencies, including ADA, AVAX, BNB, and SOL. Interest rates vary depending on the cryptocurrency chosen.
The Earn program, which is an indispensable opportunity for users who want to make long-term crypto investments, does not charge any additional fees from users. In the Earn program, user assets are not locked, and there is no investment limit.
Customer Support
Coinspot offers 24/7 customer support to its users. The support team is always focused on resolving issues quickly, regardless of the user. Many crypto exchanges resolve issues via email. This is a very inconvenient and time-consuming process for users.
NFT Marketplace
With NFTs becoming increasingly popular, it is a great advantage for a platform to offer NFT support. Unfortunately, the process of buying NFTs is quite cumbersome. Users must first connect a wallet, then buy ETH and finally buy the NFT with ETH.
Recognizing this complex process, the cryptocurrency exchange offers its users an NFT marketplace that they can access directly with their Coinspot account. While the NFT marketplace features many NFT collections, including Bored Ape Yacht Club, users can purchase the NFT they want to buy by selecting any crypto asset.
CoinSpot Bundles
The platform offers its users cryptocurrency bundles that can be purchased in a single transaction. Bundles that contain various crypto assets are called Bundles. There are 12 bundles in total that users can purchase. These bundles are divided into bundles with assets from specific sectors such as DeFi, Metaverse, and Artificial Intelligence.
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