With the cryptocurrency market opening up more and more to people it can be overwhelming for people to find a place to start. Coinspot serves as a good introduction to the cryptocurrency market for Australians, especially those with limited financial knowledge.
The app provides a straightforward approach with easy to see gains and loses. Whilst it does have detailed information about currency movement, users are not bombarded with this information.
Fast and fee free transactions allow users to get involved in the market instantly.
For those with a little more experience they may want a more detailed app but this is a small aspect that can be overlooked.
Overall, the Coinspot app serves as a great exchange for Australian users. But like all financial apps, research and careful consideration is required before investing.