Review on CoinSpot by Naomi Ilani
Serving Australians Is CoinSpot's Dream
The CoinSpot wallet is a hot type of wallet that is Australian based and bred. It was founded in Melbourne, in the year 2013 and is known to support one fiat currency which is the Australian dollar and more than 100 cryptocurrencies which includes Bitcoin and Ethereum. The CoinSpot wallet lays emphasis on customer service support leaving it's customer service support a one in the town. It's responsive and up to the par customer service support is so encouraging and delights one.
The CoinSpot charges a withdrawal fee of 0.00027 which is low when compared with the industry's average and also charges a meagre 0.1% flat fee (for both takers and makers) as trading fee. This is very cheap when also compared to the Industry's average. The CoinSpot is an Australian focusing wallet, I will therefore recommend it mainly to Australians as the platform even has their local currency, I would not recommend it to advanced experts at all
Pros
- Very cheap trading fee
- Wonderful customer service support
- The best option for Australians
- Supports a wide variety of cryptocurrencies
Cons
- The platform has only one fiat currency, the Australian dollar and should be worked upon so as to ensure the usage of the wallet in other countries and not just Australia
- Not a choice at all for advanced traders
