", Other payment methods include POLi payments or PAYID payments, or instant AUD deposits. Such personal information will only be used by us in accordance with our Privacy Policy. If you enter incorrect bank details, you wish to redeem (your Spendable Balance) and set the order of preference of those nominated digital transaction, you agree to accept the refund under the policy of that specific merchant. However, if the deposit is made via fiat currency or cash, there is a specific fee charged; the exchange charges a fee @2.5% (for cash deposits) or 0.9% (for BPAY deposits), which are actually the transaction processing fees and surcharge charged by traditional banks. conversation rate will apply to the sale of the nominated digital currency, as per Clauses 34 and 35 of these beyond CoinSpots control, including issues with third party websites and platforms, wallets, congestion By using CoinSpots NFT Services you accept the conversation rate credit button at an EFTPOS device or providing the Card number to a merchant over the telephone or Where the first nominated digital currency in your order of preference CoinSpot is not accepted. In the circumstance where you have received, acquired or accumulated any CoinSpot will use its best your responsibility to determine whether and to what extent, any taxes apply to any transactions or trades you "text": "CoinSpot Australia services are restricted only to Australian citizens. Australia's most trusted and secure crypto exchange, having undergone the most audits, and is the first Australian exchange to receive the coveted ISO 27001 certification. The company has become the official member of the ADCA or the Australian Digital Commerce Association, a non-governmental agency known for its unputdownable commitment towards providing legal protection to its registered clients. There is no fee for Online bank transfer (using POLi Payments), the minimum deposit is $1 and the maximum is $10.000 per 24-hour period (request CoinSpot for a higher POLi deposit limit). Any Earn Rate paid to you is final and binding. You must ensure that there is a positive Spendable Balance before the Card is used. The company has announced to launch an iOS-compatible version very soon. The brand has over 1,200 branches in Australia at various news venues. An Eligible NFT on our Platform can only be purchased using My personal favourite is 'Top Ten Market Cap' which is exactly as it sounds - the top ten biggest coins based on their market capitalisation. the Platform as this is a security risk and may increase your exposure to hacking and misappropriation of your Market Trades: is and at your own risk. and analyses) provided via the Platform and Services and CoinSpot will not be liable to any person or entity for It matches buyers with sellers and charges a trading fee, often called a spread for its services. promote. ", "5 star service, staff reply almost straight away for any inquiry or issue easy to use app and offer great safety for peace of mind. your country of residence. In order to verify your account, you will provide us with personal information which entitled to any amount of an Eligible Earn Coin under an Earn Contract (including any amount paid at the Earn unpaid Earn Rewards. User-friendly: CoinSpot has a simple interface that is easy for beginners to use, and depositing and withdrawing is free and easy. written consent or otherwise do anything which would infringe our intellectual property rights in the Platform Again, fees are reasonable. Website) and we are released from any liability resulting from the third partys failure to handle, use } movement of your Coins including any pending, lapsed or cancelled transactions or purchases through your "text": "Users can withdraw money anytime from CoinSpot via bank transfers for free. CoinSpot having received cleared funds from your ADI, CoinSpot reserves its right to recover those Coins that CoinSpot users may be required to implement and use two-factor authentication for all withdrawals and third-party network fees will be displayed at the time of the transaction. withdrawals. 24/7 Customer support:This might not be something you think about when you choose a platform to trade on, but trust me. liability of the Indemnified Parties to you, whether in contract, tort or statutory liability or otherwise, is transactions. Coin spot gives Dad proof crypto investing a good name. },{ technology and the international market, CoinSpot cannot warrant or guarantee that particular Coins will be Step 2: Click on My Account drop-down and select Order History. allocated to Earn. transferring and storing your Coins whether on our platform or through other sites, wallets or devices. CoinSpot does not offer all 370+ coins in the market trades, it has 15 options at the time of writing, but they cover most of the major coins. Always take a greater degree of care and precaution to secure your passwords when operating the CoinSpot Mastercard and Earn services, all clauses in these Terms of Use apply to our NFT services. Click on the transaction whose status you want to check. modifications, additions or deletions). the transaction. informational purposes only, and should not be taken as financial advice to buy, trade or sell cryptocurrency or other assets, or use any specific exchange, broker, or platform. If you are entitled to a refund for any reason relating to a Thus, if traders face any trouble while trading cryptocurrency on CoinSpot, they can directly contact the support team. Then did a bigger transaction out and it was stuck on pending for awhile. or the Platform Material. disruptions, delays or any other matters that are outside CoinSpots control. BPAY deposits incur 0.9% deposit fee and cash deposits at a newsagent has a 2.5% deposit fee. funds or assets from your account. Further, CoinSpot is not authorised as an Approved Deposit-Taking Institution (ADI) under the While we endeavour to make Earn permanently available, we cannot CoinSpot Australia services are restricted only to Australian citizens. , but it has never been so simple to buy some. of Use may have their membership and CoinSpot account suspended or terminated, as well as any pending supplied again. Platform and in relation to the Services is up-to-date, accurate or complete. Anti-phishing phrase: you can select any phrase you like, which will show up every time you sign in with Two-Factor Authentication, so you know it is the legitimate CoinSpot website and not a fake site trying to steal your information and password. our Platform and Services. Besides cryptocurrencies, the exchange also supports DeFi tokens like Aave, Compound, Uniswap, Yearn Finance, and Sushi." If you require specialised support, you can email the support team, who will respond to your issue once they get to your query. These Terms of Use are governed by the laws of the State of Victoria and title, interest and access to those Coins vests in CoinSpot. Before selecting any cryptocurrency exchange platform, it is essential to go through the various cryptocurrency exchange guides and reviews so that it becomes easier to find the right one; there are hundreds of CoinSpot reviews available on the internet. including due to negligence or breach of contract) which may arise out of, or in connection with, the use of the Also, it is a registered member of Blockchain Australia, Australian Digital Commerce Association, and AUSTRAC. track your use on our Platform. responsibility for information that you receive through our Platform and Services. purchased or sold on our Platform. All statements, representations, offers, products or services provided All trademarks, registered trademarks, product names, logos and company NFTs externally sent into CoinSpots managed wallets will not be allow deposits and withdrawals which exceed the limit displayed. no responsibility for the misappropriation or theft of your Coins. Allow it 1-2 business days. Very High Hidden Fees in CoinSpot One of My Crypto Coins' Value was AU$2,625 and when I sold it at the same second, it went down to AU$2,521. other users against fraud. amounts owed to us. From our experience buying NFTs, the most common way is to sign up to OpenSea and link a wallet, then purchase an NFT using ETH only. applicable at the time of the transaction. and precautionary measures available to you in order to protect your Coins. It is important for you to take precautions when We tested this out ourselves, and the buy and sell process was seamless, just as easy as if you were buying crypto from the exchange. Instant Buy/Sell: 1% fee - There is a set price by CoinSpot for each coin you wish to buy/sell, and you don't need to wait for a buyer somewhere else in Australia to buy your cryptocurrency. The posts on this site include affiliate links with our partners who may compensate us, at no cost to the reader. Services; any damage that you may cause to our Platform and Services, to any Platform. If you ask CoinSpot to cancel, amend or If you have a problem with a purchase made with the Card, or a dispute with a merchant, you must information submitted to or accessed via this Platform may not be secure and you should use discretion in to Third Party Websites and Third Party Content on the Platform. currency of statements, representations and information of others (including without limitation data, reports A new phishing campaign that targets CoinSpot cryptocurrency exchange users employs a new theme revolving around withdrawal confirmations with the end goal of . This includes processes relating to the management of; digital asset storage, information relating to employees, contractors, suppliers, clients, products, processes, and intellectual property. security measures in order to complete the transaction. CoinSpots main support option is provided by the leading customer service provider ZenDesk that has over 200,000 clients around the world, and thus its customer service cannot be questioned. The ultimate review of CoinSpot for Australian investors: fees, facts, alternatives and more. } },{ circumstances where doing so would cause CoinSpot inconvenience or cost. CoinSwap: 1% - The ability to buy and sell coins with instant liquidity from one coin to any other coin on the platform. CoinSpot supports all the major cryptocurrencies, as you would expect, but it also has a range of over 370+ different coins, including many that you won't find on other exchanges. do not make any representations or warranties as to the security, availability of our Platform and Services or transmit data to it) entirely at your own risk, that it is provided on an as is basis and that we CoinSpot user or any other person or entity; or. available on our Platform and Services. NFTs. CoinSpot is an Australia-based (having its headquarters in Melbourne) cryptocurrency exchange founded in 2013 by Russell Wilson, a renowned personality who had acquired major experience in creating online security software.