Review on CoinSpot by Umar Musa
Coinspot exchange
In 2013, this Australian exchange was established. This exchange is only advisable to be used by Australian traders because it has been optimized to provide the best services to this in this Australian region.
This exchange is one with great capacities ranging from its high security to the great support team. This exchange, supports crypto to crypto trading and also crypto to fiat trading on its site. But the crypto to fiat involves just one first which is of course the Australian fiat, AUD. Margin trading isn't supported but there are still other trading types to choose from here. OTC trading is also allowed on this exchange so like I said, you have a variety of trading options to choose from.
Transfer is wired or also crypto deposit.
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I told you it was optimized for Australians only because the withdrawal fees due then is free but for others, it's the gas fee or network fee, whichever you call it.
For the safety of your funds, they have their own custom wallet which is CoinSwap. This will ensure better security of your funds.
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Pros
- Has very great features
Cons
- Optimized for Australian traders
