your country of residence. more information on the conversion rate, see. CoinSpot encourages users to report any problems or vulnerabilities with Direct Deposit (with Osko): The direct deposit method is also a direct bank transfer method that works in combination with Osko (another Australian payment service provider. transferring and storing your Coins whether on our platform or through other sites, wallets or devices. With the affiliate program, one can earn a commission of up to 30% on the trading fees of those who have registered using their referral link. "text": "Yes, CoinSpot is a trusted cryptocurrency exchange and one of the few exchanges that has never been hacked since it was founded in 2013. liable for any Coins not traded on our Platform that have been sent into our Platform. are not a resident in that jurisdiction you should cease using our Services. CoinSpot does not provide any advice or take any that CoinSpot is not and will not be responsible for any costs incurred by you if you decide to move the Coins Sign up and verify with our easy process and youre good to go! movement of your Coins including any pending, lapsed or cancelled transactions or purchases through your deliberately false, misleading, or deceptive (or likely to mislead or deceive); Collect or store personal data about other users of the Platform; Check the below table to know CoinSpot Trading Fees:-. There you can see a list of all your transactions. 2023Marketplace Fairness - All Rights Reserved. This website is not to be used as investment advice, financial advice or legal advice, and your personal needs will differ from the author's. We strongly recommend that you do your own research and obtain your own advice if you are "@context": "https://schema.org", No fee is charged by the company for these deposits). It is also the first-ever Australia-based cryptocurrency exchange conferred the globally accredited ISO 27001 certification for its robust information security mechanisms." the transaction again or at another time. CoinSpot is an Australia-based (having its headquarters in Melbourne) cryptocurrency exchange founded in 2013 by Russell Wilson, a renowned personality who had acquired major experience in creating online security software. From time to time factors outside of CoinSpot's control may lead We may use cookies to identify your computer on our server and so we can endorsement, sponsorship or recommendation by us or the respective trademark owner. "acceptedAnswer": { I have been using this exchange for the last 3 years and never had an issue. Then I got a call from a mobile number, and a nice lady said she was calling about the pending transaction and this was just a security check. has to recover any fiat currencies or Coins which are afforded to it under the Terms of Use or at law. After the verification process is complete, traders can directly deposit funds in AUD (Australian dollars) or any other supported crypto coins into their accounts using any supported deposit methods and begin trading without any restrictions. She said it would be approved. CoinSpot (. demand, market activity and the price of particular Coins. apply to Earn; The indemnity in Clauses 89 and 90 apply to Earn; The limitation of liability in Clauses 91, 92 and 93 apply to Earn; We tested this out ourselves, and the buy and sell process was seamless, just as easy as if you were buying crypto from the exchange. information up to date. CoinSpot is your own account, or access the account of another member or assist others in obtaining unauthorised access. NFTs are purchased or sold on our Platform. or the Platform Material. You will not be If we are unable to perform our Services as stipulated in the Terms of Earn Contract; and. Any pending transactions When buying or selling on the markets the fee is 0.1% The fee for instant buying and selling coins is 1%. property, trade secrets, patents, trademarks, service marks or any other proprietary right under law; your failure to secure or keep secret your CoinSpot account password or If you terminate the Earn Contract for a portion of your lent Eligible Earn Coin, the Earn Thus, the exchange engineered an affiliate program for users to encourage them to bring in more users. Could not recommend CoinSpot highly enough. "@type": "Question", CoinSpot is the largest, most established exchange in Australia since 2013. For a step-by-step guide on how to earn interest on your crypto in CoinSpot, on their platform, which is a welcome addition for Australians. to delays. This is a must-have for serious traders who need to keep an eye on coin prices and to buy/sell quickly. CoinSpot charges no fees for using this direct deposit method to deposit their funds into the exchange or via a bank transfer. acknowledge that by opening an account with CoinSpot, it is your responsibility to implement additional security at outlets overseas wherever Mastercard cards are accepted. We are committed to protecting users Coins The instant buy & sell function has a trading fee of 1.00%. Emails to and from us may undergo email filtering and virus scanning, Pay with 380+ cryptocurrencies Instantly top up or change your choice of crypto whenever you like, you can always pick your favourite coins to pay using the CoinSpot App. of the Third Party Websites or Third Party Content nor do we endorse the offers, products or services which they CoinSpot Exchange Review 2021 - Is It Really Safe? | Cryptogeek you are not sure if the email or telephone call you received is secure and from a trusted source, please email The CoinSpot exchange offers the following features to its registered clients: CoinSpot overshadows other cryptocurrency exchanges with the following useful features:-. endeavoursto ensure that it meets its deposit and withdrawal Phone verification phrase: you can select any phrase, and if you need to call support about accessing your account, CoinSpot can verify it is you. Not only does it diversify your portfolio and spread the risk, it also saves time, minimises fees, and affixes an average cost over a split of coins. Australian Crypto & Bitcoin Exchange, Crypto Trading | CoinSpot deposits and withdrawals to/from your CoinSpot account. Very beginner friendly.". All Eligible You cannot stop payment on any transaction after it has CoinSpot is one of the earliest cryptocurrency exchanges in Australia, established in 2013, and has built up its reputation over the past decade of being the most secure and trusted platform. You agree that you will not use any other CoinSpot account other than independently audited by third parties. Any Eligible Earn You acknowledge that CoinSpot is not responsible for any losses or harm incurred due to delays in funds from your bank or other ADI after having credited your account with that fiat currency. It is your responsibility to check your CoinSpot account and monitor the interest rate per annum payable by CoinSpot as compensation to you for lending your Eligible Earn Coin to CoinSpot charges the following fees from its registered users:-. We will notify you if such an error, glitch or If you ask CoinSpot to cancel, amend or CoinSpot will complete that transaction for you right away. You should independently satisfy yourself as to the information provided CoinSpot does not allow users "@type": "Answer", You represent and warrant that the information you provide to us through our Platform circumstances where doing so would cause CoinSpot inconvenience or cost. The company has become the official member of the ADCA or the Australian Digital Commerce Association, a non-governmental agency known for its unputdownable commitment towards providing legal protection to its registered clients. %1 fee is just a beginning in CoinSpot. When choosing a cryptocurrency exchange, one of the most important points to look at is the security features to ensure that your assets and investments are safe. We do not warrant the accuracy, currency or suitability for any purpose if you are unsure. CoinSpot even offers crypto interest on 21 coins, so you can grow your crypto as you invest for the long term. time. to convert, buy, sell and trade digital currencies. I even closed down a previously used platform and transferred everything over. Nor is CoinSpot responsible or no responsibility for the misappropriation or theft of your Coins. will be verified against databases in your country, as such it is imperative that you provide us with accurate There are no fees to withdraw AUD to your Australian bank account, no matter how much you are withdrawing. Imagine pulling your hair out trying to find contact details for an exchange because you can't seem to deposit funds; you will wish you had the option to speak to Customer Support! If you are an experienced trader, we suggest you look at Bybit or MEXC Global. 2. For example, XRP into TRX in one single transaction. purposes of promoting their offers, products and services. NFT List). not liable for any loss or liability incurred by you as a result of any fiat currencies being sent to an If your account is suspended in accordance with these Terms of Use and To the maximum extent permitted by law, CoinSpot does not guarantee the We do not warrant that such filters and scans will be effective in Yeah, I withdrew some ENT (electronium) to my kucoin account and even though on coinspot it says its complete, its been over 12 hours now it still hasn't come through??? Figure 3. for a particular Eligible NFT purchase. Buy crypto instantly with AUD:Being an Australian exchange, the first feature worth mentioning is the ability to buy crypto with AUD. Yep, $104 just for one transaction in CoinSpot. CoinSpot has released a free debit card for their users. The settlement of any pending transactions or trades, and provided you comply with any account closure requirements. transaction history and to re-execute any transactions which fail. through Third Party Websites and Third Party Content are the sole responsibility of the operator of the Third Having similar withdrawal issues to this in the past, I'm curious to see how coinspot gathered its start-up capital. or other related methods which are designed to generate or obtain repetitive and repeated amounts of data or or liable for the misappropriation or theft of Eligible NFTs held on our Platform. You can only allocate an amount of an Eligible Earn Coin that is equal To re-enable withdrawals you need to contact support. market, confidence of investors, competing currencies, regulatory announcements or changes, technical problems CoinSpot will communicate with customers by email and telephone and will If you are entitled to a refund for any reason relating to a } withdrawals. As the most trusted and secure exchange with over 2.5 million users, and access to 370+ coins, it is easy to see why CoinSpot is one of the best exchanges in Australia. 01:31 PM. Use due to circumstances out of our control, including but not limited to, change of law, regulations or policy, Step 3: Click on the Download CSV button. A new phishing campaign that targets CoinSpot cryptocurrency exchange users employs a new theme revolving around withdrawal confirmations with the end goal of . The CoinSpot Mastercard (Card) is a prepaid, reloadable, Mastercard card. There are many unique trade pairs that are not available on most markets. I have been in that exact situation, which is why I look for Live Chat options now. For more information about how to secure and protect your Coins, see, Given the high level of risk associated with trading Coins, you "acceptedAnswer": { By lending an Eligible Earn Coin to CoinSpot via Earn, CoinSpot will and possible termination of your account and the other members CoinSpot account. Courts of Victoria will have non-exclusive jurisdiction. These stringent policies are designed to eliminate unauthorised access, use, destruction, modification or closure of the organisations information management systems. CoinSpot will sell the next nominated digital currency that has an equivalent value in Australian Dollars equal If your issue still persists please contact CoinSpot's support team directly via support@coinspot.com.au. Just deposited money to CoinSpot, it hasn't received it yet It is also your responsibility to seek professional tax advice with respect to No advanced options such as derivatives or margin trading:Since CoinSpot is built for ease of use, there are no derivatives such as futures trading which are targeted towards experienced traders. we remove a Coin from the Eligible Earn Coin List, any such Coins that you have allocated to Earn will be CoinSpot will use its best endeavours to return any refund amounts to Platform or Services. CoinSpot is not responsible or liable for any NFTs that are sent into our Platform from another site, CoinSpot uses a two-factor authentication process in order to verify the debt owed to it from any Coins and fiat currencies held in your account on the Platform. 0.1% fee - With market trades, you set a price that you want to buy or sell your crypto at, and it will be filled when another user wants to meet that order. any right exercised by CoinSpot under these Terms of Use. Once the funds have arrived, head to the buy/sell page where you can instantly purchase any of the assets listed. Create an account to follow your favorite communities and start taking part in conversations. There was no queue, and the agent was able to solve our issue quickly. You authorise us to use the prevailing market price we select, acting Coin Withdrawal Status - CoinSpot A month later the coins are moved from my wallet into these addresses 0x33A64dcDfa041bEfebC9161a3e0c6180cd94Fa89, 0x20312e96b1a0568Ac31C6630844a962383cc66c2, 0xeeD86B90448C371Eab47b7f16E294297C27E4F51. The CoinSpot app can be easily downloaded from the Google Playstore and used instantly. of CoinSpot to carry out duties required to support our customers. December 23, 2021. you wish to redeem (your Spendable Balance) and set the order of preference of those nominated digital We have tested hundreds of crypto exchanges, and we always find the best method of contacting customer support is via live chat. technical difficulties. "Possibly easiest to use app.. been wondering why these apps don't include a parallel fiat wallet for each token wallet to hold gains without needing a bot.. and also customise option like a 'total held' column option or toggle.. the load times of this app are quick and intuitive though. CoinSpot reserves the right to recover the value of those Coins from any other fiat currencies or Coins held in BPAY: Another reputed Australian brand that is widely popular across 45,000 vendors. For additional details about the issue and operation of the CoinSpots Platform and Services and we do not provide any warranty that the information displayed on our },{ You can purchase goods and services using your Card and the payment processing, distributing, viewing, assessing, analysing, copying or replicating any information, methods or We will use our reasonable infrastructure of the Platform; Publish, post, distribute, disseminate or send spam processes related to the Platform (including without limitation by way of data scraping, the use of collection enter, including whether the BSB and account number entered belong to you. If or accumulation tools and robotic or scripted responses); Reverse engineer, disassemble or otherwise attempt to construct, copy or An excellent feature for any new user is 24/7Live Chat support with a real person. 2)CoinSpot is Will only be entitled to any rights, title, interest and access to an OTC Trades: 0.1% fee - Members who perform high-volume transactions can use the OTC (Over-The-Counter) Trading Desk, which has instant settlement. which are available to download simply through the Google Play Store or iOS App store. Its been 2 days now. CoinSpot Review Supported Cryptocurrencies. To access Earn, you must access your CoinSpot wallet for the Eligible From our experience buying NFTs, the most common way is to sign up to OpenSea and link a wallet, then purchase an NFT using ETH only. Mastercard. As CoinSpot does not identify the counterparty to any transactions you It is a big step towards making crypto more mainstream, and able to be spent just like fiat. I logged in to check if transaction has been completed unfortunately it says transaction is waiting for approval. transactions cancelled. "acceptedAnswer": { discretion for the duration of the loan (the. Disable withdrawals: you can select this option to stop anyone withdrawing crypto or AUD from your account. In such cases, CoinSpot may cancel your buy or I am lost here, please help 7 20 comments Add a Comment Hillbillyshroud 2 yr. ago They'll call you and verify its you sending the transaction is all - it must be your first big move off the exchange funds or assets from your account. CoinSpot is not liable for any price variation due to market volatility, market or technology I have the same issue - No TXID - Transaction completed and my coin haven't come through yet. These include BTC, LTC, ETH, XRP, ADA, GAS, NEO and more. It also allows them to trade in the open market by speculating crypto prices and earning potential profits. "name": "What Cryptocurrencies Does CoinSpot Support? Coins. Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. BPAY deposits incur 0.9% deposit fee and cash deposits at a newsagent has a 2.5% deposit fee. Always take a greater degree of care and precaution to secure your passwords when operating Figure 1. "@type": "Answer", CoinSpot Review 2023 | Fees, Facts & WARNINGS - Marketplace Fairness limited to restricting access or deducting the amount you have received, acquired or accumulated from the and precautionary measures available to you in order to protect your Coins. price indicated on our Platform and as such we will be unable to execute your order and will return the funds to The Card allows you to purchase goods and services: at an outlet within Australia that has an EFTPOS Device; over the telephone or the internet by providing the 16-digit primary account number embossed on the front of the Card, expiry date and security code; or. . Examples "@type": "Question", details of a bank/ADI or payment account in your name. distribute to third parties, amend or make any other copy of information on this Platform without our prior CoinSpots Platform to other platforms, websites, users or wallets. CoinSpot Withdrawal fees CoinSpot offers more than 370+ cryptocurrencies, crypto interest on 21 coins, a crypto debit card, and a user-friendly interface with 24/7 live chat support. Referral program:CoinSpot's referral service gives its customers the opportunity to earn $10 in Bitcoin right after making their very first AUD deposit without any additional trading fees. Within seconds we were chatting with a real person, without having to go through a bot first. responsibility to maintain the security of your account and any Eligible NFTs held. Anti-phishing phrase: you can select any phrase you like, which will show up every time you sign in with Two-Factor Authentication, so you know it is the legitimate CoinSpot website and not a fake site trying to steal your information and password. "@type": "FAQPage", To find out more detail about the security features of CoinSpot. If your bank/ADI or payment accounts are not held in Due to the significant risks of trading Coins as well as the impact of By using your CoinSpot wallets within the app you can easily track your holdings and wallet values in one simple view. They need to fill up a withdrawal form stating how much money they wish to withdraw and where they want to send the money to. Your Card (if one is issued to you) is issued by EML Payment Solutions The supported digital currencies include Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, NEO, Cardano, TRON, EOS, and Stellar Lumens. It is more like an e-wallet system that processes daily payments instantly within a day. Add or remove Coins from the Eligible Earn Coin List for any reason. I also conducted a comparison test using my personal accounts on CoinSpot and 3 of the other best Australian crypto exchanges (Digital Surge, Swyftx and Independent Reserve). CoinSpots NFT Services, you accept the third-party fees as they apply at the time of the transaction. Customer support:We have tested hundreds of crypto exchanges, and we always find the best method of contacting customer support is via live chat. Emails and ticketed replies always take a while, and can be frustrating, so live chat is the way to go. CoinSpots main support option is provided by the leading customer service provider ZenDesk that has over 200,000 clients around the world, and thus its customer service cannot be questioned. When buying or selling on the BTC, LTC, ETH and DOGE markets, the fee is 0.25%. Also, to protect user funds against hacking, the exchange uses 2FA (two-factor authentication) that requires traders to enter a code generated on their registered mobile device to sign in to the CoinSpot platform.
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