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Azerbaijan
1 Level
44 Review
3 Karma

Review on CoinSpot by Xayyam Mirzayev

Revainrating 4 out of 5

This exchange only operates locally

CoinSpot is a major Australian exchange that was launched in 2013. This exchange provides a transparent and secure platform for exchanging cryptocurrencies and digital assets. The exchange is simple to use, with a straightforward design that makes trading simple for users and traders. It has a well-known wallet named CoinSpot.

The exchange has several useful trading features such as fiat trading, over-the-counter trading, and a clear and easy-to-understand trading chart, making it suitable for both novices and pros. To accompany the various trading pairs accessible on the exchange, a 0.1 percent fee is levied for each transaction, making it a particularly liquid exchange.

The exchange's services are limited because only Australians are permitted to trade, making it unfavorable to overseas merchants. This exchange is ideal for Australian traders since users can be confident in their security because it has implemented bank-level protection, making it almost immune to hacking and theft.

Pros
  • It features an UI that is clever.
  • Fiat currencies are supported.
  • It comes with incredible security systems.
Cons
  • Its services are only available to Australian merchants.