CoinSpot offers more than 100 altcoins, including Ethereum, Litecoin, Dogecoin, Bitcoin Cash, Ripple and others. The woking platform also provides a variety of fiat buying and selling pairs with AUD (Australian dollar). You should use CoinSpot to purchase Bitcoin making use of your charge card or banking account. If you are searching for a good way to purchase Bitcoin or any other cryptocurrencies without getting to handle your personal wallet or private keys, CoinSpot makes it simple with instant purchases along with a user-friendly interface. You may also sell your coins around the platform for a good way to earn money from crypto investing. Australia’s most widely used cryptocurrency exchange is CoinSpot. It’s simple to use, offers an array of coins and it has a status to be reliable. Click here to compare Swyftx vs CoinSpot with Coin Culture.
Here are 8 reasons you should choose CoinSpot:
1. CoinSpot is reliable
CoinSpot is among Australia’s top cryptocurrency exchanges and it has been operating since 2013. For the reason that time, it’s grown from your exchange that just worked with Bitcoin to 1 which supports Ethereum and Litecoin. Today, it provides greater than 70 cryptocurrencies including popular altcoins like Monero, Dash, Ripple, and Cardano. CoinSpot is a straightforward-to-use platform that enables you to definitely purchase and sell cryptocurrencies with AUD or USD instantly using your money or charge card. You should use CoinSpot to discover blockchain technology, how cryptocurrencies work, and the way to purchase them effectively.
2. CoinSpot is secure
CoinSpot uses multi-signature wallets for those user funds meaning not one person have access to your hard earned money without your permission. All withdrawals require approval of two signatures before they may be confirmed through the blockchain network your personal signature plus another signature from the reliable organizations just like an escrow agent or any other user around the platform. Additionally for this, CoinSpot stores 98% of user funds offline in cold storage, so they’re completely safe whether or not the website is hacked or goes lower suddenly as a result of cyber-attack or human error.
CoinSpot began around australia in 2013 and it has had a great security record since its beginning. It’s been audited by Deloitte to make sure that it’s submission with all of relevant Australian rules, and also the platform also offers a rigid listing of needs for brand new users who would like to enroll in a free account.
CoinSpot’s user-friendly interface makes exchanging Bitcoin along with other cryptocurrencies simple for beginners. No requirement for extensive understanding of buying and selling platforms or technical analysis tools – just deposit your hard earned money, select your currency and make an order.
5. Fast processing times
Whenever you make an order with CoinSpot, there is no awaiting your funds to become removed – they are available immediately! This will make exchanging Bitcoin very convenient if you want cash rapidly or want to maintain your buying and selling activity private from banks or even the inland revenue.
6. 24/7 support
They at CoinSpot offers 24/7 support via chat, email, and make contact with to assist with any issues you might be getting. They likewise have a comprehensive FAQ section online that covers an array of topics.
7. Low minimum deposit amounts
CoinSpot doesn’t have minimum deposit amount and enables you to definitely do business with less than $10 price of Bitcoin or Ethereum. This will make it well suited for people just beginning out who wish to test the waters before committing more funds to their buying and selling account.
8. Easy-to-use interface and platform
The CoinSpot platform is very intuitive and easy to use, even if you have never traded cryptocurrencies before. It also provides detailed charts and graphs so users can keep track of market trends easily without having to rely on third-party websites for information.