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Type of review

Revainrating 4 out of 5

The most widely used wallet in the Australian market: CoinSpot

Hello everyone, today I will present you my review about CoinSpot Wallet, a wallet in the wallets section. Good reading to all. So we can go my review. This wallet, which emerged 7 years ago in Australia in 2013, is a platform that has the task of storing your cryptocurrencies you use on the internet. In the beginning, this wallet, which only provided Bitcoin storage services, later became popular, and they started to add different cryptocurrencies. Mainly focused on the Australian market,

Pros
  • Contain more than 200 cryptocurrencies
  • Increasing popularity around the world with each passing day
  • Large number of users investing
Cons
  • NO

Revainrating 4 out of 5

Coinspot review, 2020.

As more attention is now turned to crypto currencies and it's slowly becoming the future of a digital Crypto trading is made possible by lots of companies, amongst today we have "Coinspot Mainly very good trading view, a lot variety of trade pairs, percentage of trading, deposits and withdrawal charges and a beautiful user interface has been what we look out to in a trading Here are some peculiarities of  They brag about there qualified proffesional support, they also include the streamline

Pros
  • They offer streamlined trading...
  • There trading charges are considerable favourable, 0.1% b
Cons
  • People from other parts of the world, don't have access to it, especially U.S residents.
  • You cannot deposit with your cards, it is expensive, about 1% charges fee.. It makes transactions hard for a person like me.

Revainrating 5 out of 5

Australian wallet

CoinSpot is a virtual wallet born in Australia in 2013. In its beginnings it operated exclusively with Bitcoin and little by little it was expanding more in its support in cryptocurrencies. It focuses on the Australian market, although operations are spread around the world. This wallet is highly requested by Australians and this deduces a great popularity on that continent. This wallet gives us a special service for each currency that your exchange trades today. Along with cryptocurrencies…

Pros
  • Intuitive and easy to use wallet.
  • Opportunity to use fiat currencies.
  • Relatively low prices on the platform.
  • Excellent support service that responds and helps instantly.
Cons
  • It is only found in English language.
  • You need more publicity for it to be recognized around the world.
  • Restrictions and difficulty of operating if you are not Australian.

Revainrating 3 out of 5

CoinSpot

Yes, if the multi-portfolio market is global, the path to the crypto-finance market will be different. Cryptocurrency trading is marketed by reliable and profitable companies that provide excellent support to Australian cryptocurrency holders implementing new financial security initiatives. I agree with him on this, but it would be better if some changes and companies try to deliver their services in more urban areas until they reach the world and communities move. I think CoinSpot can say

Pros
  • basic desigin
Cons
  • none

Revainrating 4 out of 5

CoinSpot

CoinSpot is an Australian cryptocurrency that I signed up for one year ago. In this CoinSpot review, I will share my past experiences with you . I think CoinSpot is best for beginners who just want to buy some cryptocurrency for the first time, and if you're one of those people you can easily take advantage of it if you're not careful. . I think CoinSpot is best for newcomers who just want to buy some cryptocurrency for the first time, and if you are one of those people you can easily…

Pros
  • Beginners can use it well
  • simple and nice design
  • Low fees
Cons
  • Sometimes it gets slow

Revainrating 3 out of 5

Coinspot is an easy to use wallet

Coinspot is a multicrypto wallet that was established by a coinspot exchange which is located in Melbourne, Australia. It support cryptocurrencies like BTC, ETH, LTC, dogecoin and Dash. It is a centralised, hot walllet so all private key are kept with third party and this does not in any way guarantee privacy for users. If you are trader that prefer having control over your private keys, this wallet is not for you. The wallet is easy to use with sleek interface and every major icon well…

Pros
  • It is a multicurrency wallet
  • It secure fund with two factor authentication and other security features
  • It is easy to use for newbies
  • It support flat currency (AUD)
  • Private keys are stored on wallet platform being a server side wallet
  • Users can enjoy passive income from affiliate program
Cons
  • Private keys stored on server can be a security threat as it can be hacked easily.
  • Insists on KYC

Revainrating 4 out of 5

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…

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

Revainrating 4 out of 5

All in one crypto services for Aussies.

It is a multi-currency exchange and wallet. They offer a hot wallet for each coin they trade. The buyer can utilize a bank account to store AUD and to pull back with no charge. There are no month to month costs included. Currency exchange is p2p. Generally speaking, Coinspot is a multi-currency stage where no exceptional or specialized aptitudes are required. As per Australian law they have a solid check measure and your record isn't mysterious. Since it's a hot wallet, I recommend…

Pros
  • It has an instinctive interface that makes it simple to-use for all sort of users.
  • They offer a wide scope of crypto and AUD support.
  • Truly snappy deposits and productive customer service.
  • It has extraordinary security features.
Cons
  • It has a strong user verification process.

Revainrating 3 out of 5

CoinSpot: Wallet created in Australia for Australians.

As I indicate in the title of this review, the Coinspot is a wallet for use adapted to Australian laws and regulations, It accepts the fiat currency of that country, and I would like to comment more on it but to be honest I do not know the legislation and environment trade of that country. If you are from Australia or are going to travel to Australia, it should be a mandatory option as a wallet and it will surely be very useful for you. If that is not the case there are many wallets that will s

Pros
  • First option as a wallet for residents or travelers to the country Australia
  • Fast and safe operations
Cons
  • It is not for use in any country.

Definitely, if this multi-service wallet were global, then opportunities for crypto-financial trading would have known another perspective. It is a product from a reliable and efficient company that is giving the best support to the Australian crypto-holders who are taking another secure step in the road of financial freedom to cryptocurrencies management. I recommend it for it, but it would be better if certain conditions were changed and the company also tries to offer their services to more…

Pros
  • Efficient wallet and ideal for storing the main tokens of most commercial value within the market. Users can easily operate within seconds and have multiple options for sending and receiving even with AUD money.
  • Its exchange service is highly operative and useful. It shows simple windows that every user whether new or professional can manage. There are daily entries and promotions in trading.
  • Good program and protocols of security and user's safety. This digital product permits to operate with ease, and anonymity.
  • The security system is adaptable to the user's needs. They own the process for the two-authentication factor.
  • The entire design of both the platform and the wallet is a product of modern technology. It has good details that are known with time. Besides, the site is very informative and have the content necessary to meet the company.
Cons
  • Just designed for Australia, and a little bit centralized because it belongs to certain Australian Financial Associations. All actions are followed by those partners.
  • The limits for the cryptocurrency availability is still short. There are no open entries for other commercial tokens.

Revainrating 5 out of 5

CoinSpot is a cryptocurrency exchange

CoinSpot is a cryptocurrency exchange based in Australia that I signed up for two years ago. In this CoinSpot review, I will detail my experience with them, and also compare it to two other cryptocurrency exchanges that I have used extensively and also reviewed in Australia (Independent Reserve and CoinJar - read them if you are looking for other exchanges as well). CoinSpot seems to me to be more catered towards newcomers who just want to buy some cryptocurrency for the first time, and if you

Pros
  • Intuitive and easy to use.
Cons
  • no

Revainrating 4 out of 5

Coinspot

Coinspot is a centralized crypto wallet that requires users identity regulated by Australia government with this coinspot security system is well regulated as users identity must be verified in other to have access to trade and make exchange using coinspot. It support over 50+ major crypto coins and ERC20 token it support instant exchange of crypto currency which can be converted in fiat currency, can be used for trading. It offers wide range of security system with user verification and…

Pros
  • Centralized crypto system that support buying exchange of crypto currency which can be converted into fiat currency
  • Users identity need to be verified
  • Support multiple crypto token
  • Has good customer support
  • Support mobile browser and desktop
  • Support hot storage of coin
Cons
  • No comment excellent wallet

Revainrating 4 out of 5

My coinspot

Coinspot Without much to add ah this compact, multiple and very good small wallet I have to say how excellent it is, coinspot is a microwallet that thanks to its simple attractive and easy interface has been achieved in this wallet to be able to receive and save assets, buy oh in your case, exchange them with great security and confidence in your very good blockchain. It has become one of the most widely used microwallets in the crypto world and that everything is made easier for it thanks to t

Pros
  • excellent multi-wallet very good in its style with a comfortable and pleasant interface being very easy to use.
Cons
  • The problem is that by only supporting Bitcoin, Litecoin, Bitcoin Cash, Dogecoin or Dash cryptocurrencies. It has limited a wide range of trading, buying, and selling of other cryptos, greatly diminishing its crypto market
  • It does not have a wide range of cryptocurrencies, which makes it less attractive to the eyes of millions of users.

Revainrating 4 out of 5

Coinspot

Coinspot is an Australian multidimensional platform where you can buy and sell more than 50 cryptocurrencies. What most identifies this platform is its wallet fame, where it offers great security for the storage of the most important and used cryptocurrencies on the market. Despite being an important platform in Australia and presenting multiple security features, it does not have a mobile application, which limits its users to its web version. But anyway, users who do not like these disadva

Pros
  • Major cryptocurrencies supported for purchase, sale, and storage
  • Supports Australian Fiat currency
  • It is one of the most important cryptocurrency platforms in Australia
  • Specialized customer service
  • Very easy to use
Cons
  • Only available in Australia
  • Does not have a mobile application
  • By having great recognition you should incorporate more assets

Revainrating 4 out of 5

CoinSpot

CoinSpot It is a wallet of Australian origin that has the backing of laws and agencies which gives it advantages in many ways, this card is only for Australia. It supports more than 130 cryptocurrencies more than all ERC20 tokens with an exchange for fiat money in ATMs of the local country. Lately it has been very popular for its success in the market, although it does not have any application for cell phones, this wallet is still a good option for people looking for the best option. The…

Pros
  • It is only available in Australia but has the support of agencies.
Cons
  • This wallet only allows the user to have 50 assets, which limits the user who has a high amount of tokens, security is at the forefront.

Revainrating 4 out of 5

Coin Spot.

Coin spot has an important role in Australia since in addition to being a wallet it is also an exchange platform. Having the support of laws and agencies, coinspot is directed for Australia, it is compatible with more than 150 cryptocurrencies and can be changed to fiat but only the Australian, It has a high range of security with demanding measures for the confidence of all users. Although Coin Spot supports more than 150 coins, it only allows 50 assets, which limits the user who has a high…

Pros
  • It accepts more than 150 currencies, it is backed by laws and agencies. Exchanges can be made for Australian fiat money
Cons
  • It only supports 50 assets, it is limited and it is only available for a single country.

Revainrating 4 out of 5

Australian dollar deposits NO FEE

It is great to find a wallet that supports AUD deposits, there are a number of deposit options including POLI, BPay, PayId and Cash Deposits. There is a limit of $2,000/day deposit & no withdrawl imposed until you complete the verification process. It is nice to see my wallet balances in Australian Dollars. The platform is easy to use, simple and well designed it is a great place for beginners. Crypto Bundles are available allowing you to purchase multiple currencies in one transaction and…

Pros
  • Deposit in AUD
  • Crypto bundle packages available
  • Easy to use platform
  • Affiliate program
Cons
  • Limits on account activity until Verification is complete

Revainrating 5 out of 5

CoinSpot Excellent Choice of Crypto in Australia.

easy  Creating CoinSpot has no limit of buying and selling per day, bit there are limit you can make per transaction. The maximum you can buy and sell per transaction for Bitcoin is $100,000 AUD. While other coins have varying limit per transaction. These I am of the opinion that the following fetures make CoinSpot special and unique. The site is easy to sign up and and use, low fees for buying, selling and trading. Large amount of altcoins and cryptocurrencies available to purchase with…

Pros
  • Regular adding new coins to the exchange
  • It very secure because of the process of KYM
  • It make buying and selling easy
  • Trade can be made at any time day
  • It automatically calculate the cost of the coins you wish to purchase
  • It allows log out once you have finished trading.
  • Great customer service desk
Cons
  • AUD is the only accepted Fiat Currency
  • Only available in Australia

Revainrating 3 out of 5

Wallet in coinspot

coinspot in my opinion is not bad for my digital wallet, supports various crypto currencies such as bitcoin, etherum, doge, eos, litecoin, stellar, etc. With wallet security that is centralized and has backups, coinspot also has a seed key. Ease of use Simple also makes me like coinspot, besides that it also looks simple. There are no deposit fees to pay if you are funding your account with a bank transfer. If you use either BPAY or a cash deposit, you will pay fees of 0.9% and 2%, respectively

Pros
  • Low and no fee deposits and withdrawals User-friendly interface
Cons
  • Lacks advanced trading features

Revainrating 2 out of 5

Beware of fees and price premiums

I do not recommend using this exchange for Australians unless you have some alt coins you need to sell. To deposit using bpay there is 1% fee, when buying and selling there is a 1%. However the worst part you purchase everything with price premium 5-10% higher than market value and then you sell it well under market value. You need a price turnaround of approx %20 to make any money.

Pros
  • Australians can purchase and sell on this platform
Cons
  • Fees are too high and there is price premium on purchases