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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on CoinSpot by Killer Bean

Revainrating 3 out of 5

Majorly for Australian traders

CoinSpot exchange is an Australian leading exchange which was founded 2013. This exchange offers trading of cryptocurrencies and digital assets on a transparent and a reliable platform. The exchange is an a very easy to use exchange coming with an intuitive interface to mae trading easy for users and traders. It has a popular wallet called CoinSpot wallet. The exchange offers some nice trading features like fiat trading, OTC trading and a very concise and easy to understand trading chart making this exchange easy to use by beginners or even professionals. For every transaction you carry out, just a 0.1% is charged to accompany the numerous trading pairs available int he exchange making it a very liquid exchange. The exchange is limited in its services as only Australians are allowed to trade making this exchange disadvantageous to foreign traders. This exchange is very good for Australian traders because on this exchange users are assured of their security since this exchange has adopted bank level security which makes the exchange basically impervious to hacks and theft.

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Pros
  • It supports multiple cryptocurrencies Bitcoin and Litecoin inclusive
  • Amazing security features
  • Intelligent user interface
  • Support fiat currencies but only AUD
Cons
  • Only one fiat currency is supported in this exchange
  • Its services are limited to Australian traders alone