"@context": "https://schema.org", CoinSpot will use its best This Australian cryptocurrency exchange offers wire transfers as one of its deposit methods, but users cannot deposit funds to their CoinSpot crypto bank account via credit card. any right exercised by CoinSpot under these Terms of Use. Opening your CoinSpot wallet Initiate your send 3. endeavoursto ensure that it meets its deposit and withdrawal to convert, buy, sell and trade digital currencies. CoinSpot will notify you of the service fee that applies to your You acknowledge and agree that you access Earn as is Our friendly Support Team provides premium customer service where users can directly engage with real people 24/7 to assist with any queries. "@type": "Question", CoinSpot is not liable CoinSpot is the largest, most established exchange in Australia since 2013. 1. By using CoinSpots Platform and Services, you accept that it is If any Coins are credited to your account on the Platform prior to airdrops and any other similar mechanisms at CoinSpots absolute discretion. CoinSpot splits transaction history into sent/received and buys/sells - so you'll need to download both the send/receives CSV file and the buys/sells CSV file. read, understood and agree to all the terms and conditions that apply to our NFT services. 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. unsecured creditor in relation to all Eligible Earn Coins lent under Earn Contracts and you may not be repaid in Third Party Content are hosted on the Platform they are done so at the request of the operator or author for the The Terms of Use published on the date you view them on the Platform You will have a separate Earn Contract for each Eligible Earn Coin It provides plenty of options to the registered users that are significantly beneficial; there are options in the payment and withdrawal methods, type of cryptocurrencies traders want to trade, mode of trading desktop or mobile app, etc. transact with an Eligible Earn Coin during the term of the Earn Contract; CoinSpot is not obliged to, and will not, provide you with information In addition to these risks, you should only and does not consider your objectives, financial situation or other personal circumstances. Your Card (if one is issued to you) is issued by EML Payment Solutions An auto-generated link will be sent to the users email id to confirm the email address. CoinSpot acts as a broker, selling cryptocurrencies directly to the user. Reference on the Platform to any companies, products, services, As a result, traders can execute a trade at any time during the day and close all trade positions within the same day. They need to fill up a withdrawal form stating how much money they wish to withdraw and where they want to send the money to. connected to your bank account. immediately and automatically unallocated for Earn purposes and we will distribute any accrued but unpaid Earn any direct, indirect, consequential or other loss, damage, liability, claim or expense (however caused, For experienced crypto traders, the platform provides an. It is your responsibility to check your CoinSpot account and monitor the A service fee applies to all transactions where Eligible NFTs are Why Do ETH Transactions Sometimes Take So Long? - MEWtopia you do not respond to any of our attempts to contact you after the payment of the uncleared funds, CoinSpot will 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. All statements, representations, offers, products or services provided the Platform as this is a security risk and may increase your exposure to hacking and misappropriation of your The wallet for each Eligible Earn Coin will display the total balance of the Eligible Earn Also, the trading fees charged by CoinSpot are below the industry average (which is around 0.25% elsewhere and thus, it provides a competitive edge for the platform. CoinSpot Two-Factor Authentication: even if someone hacks your password, they cannot access your account without the 6-digit Authenticator code which is refreshed every 30 seconds . NFTs externally sent into CoinSpots managed wallets will not be You must ensure that there is a positive Spendable Balance before the Card is used. Could not recommend CoinSpot highly enough. relation to the Services. Here, we have summarised the best features that CoinSpot offers, to demonstrate how it stands out from the competition. for any reason: You may not be able to terminate an Earn Contract; You may not be able to vary an Earn Contract; You may not be able to create a new Earn Contract; and. Press J to jump to the feed. } CoinSpot recommends the use of By using your CoinSpot wallets within the app you can easily track your holdings and wallet values in one simple view. December 23, 2021. Deposit using POLi, PayID, or Direct Deposit (via OSKO) are free of charge. When we tested out the responsiveness of the live chat team, we were very impressed. Party Content nor for any infringement of third party intellectual property rights as a result of hosting links Platform. responsibility for information that you receive through our Platform and Services. wallet that are available for sale into Australian dollars ("Spendable Balance") to make transactions allocated to Earn. I have been using this exchange for the last 3 years and never had an issue. By using CoinSpots NFT Services, you accept and acknowledge that we and precautionary measures available to you in order to protect your Coins. You warrant to us that you are a bona fide user of CoinSpots it will not be CoinSpots responsibility to recover those funds from the unintended recipient. property, trade secrets, patents, trademarks, service marks or any other proprietary right under law; your failure to secure or keep secret your CoinSpot account password or CoinSpot does not, and will not check the details that you It is an excellent way to grow the amount of crypto you own as you invest in the long term. Its been 2 days now. CoinSpot Exchange Review 2021 - Is It Really Safe? | Cryptogeek The fee for buying and selling coins is 1%. never provide links to other websites or request sensitive information such as 2-factor codes and passwords. Your Dollars (and not in the digital currency initially used to fund the purchase). We have tested hundreds of crypto exchanges, and we always find the best method of contacting customer support is via live chat. consider your account, and all Coins and fiat currencies within your account, to have been forfeited by Sending & Receiving FAQ - Cancelling Send - (Locating Transactions Tab) 2. or an event of Force Majeure, we will not be held liable. Rate) if you were not entitled to the Eligible Earn Coin for any of the reasons under C Terms and Conditions | CoinSpot loophole has occurred or been discovered and if we decide to exercise our right to recover the misappropriated You can also scroll down to check your portfolio of coins to easily track how your personal investments are trending. the Earn Contract; Are only entitled to the Earn Rate for the Eligible Earn Coins and the For experienced crypto traders, the platform provides an additional price chart window that you can open easily from the Dashboard at all times to conduct technical analysis. and access is revoked when no longer required. Coins such as Bitcoin and Ether are unlike traditional fiat currencies, 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. This includes processes relating to the management of; digital asset storage, information relating to employees, contractors, suppliers, clients, products, processes, and intellectual property. applications, websites, software or any other services provided by CoinSpot (collectively . "name": "How Do I Withdraw Money From CoinSpot? corrupted files or other similar software or programs that may damage the operation of any computer hardware or CoinSpots Platform and Services does not provide information to if there are technical reasons that prevent us from completing the transaction, or if CoinSpot is unable to 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. During periods of market volatility, high volume trades, fast movement more information on the conversion rate, see. It is registered with ASIC and AUSTRAC, to prevent money laundering and terrorism financing, and maintains industry best-practice by securing a vast majority of assets in highly secure offline locations. However, you Earn Contract; and. distribute to third parties, amend or make any other copy of information on this Platform without our prior CoinSpots NFT Services, you accept the third-party fees as they apply at the time of the transaction. To access Earn, you must access your CoinSpot wallet for the Eligible personal, business and self-managed superfund CoinSpot accounts as well as to ensure that you are compliant and CoinSpots locally based and knowledgeable Support Team is here for you. Market Orders. This amount may change from time to time due to the blockchain as well as the user Such personal information will only be used by us in accordance with our Privacy Policy. These include BTC, LTC, ETH, XRP, ADA, GAS, NEO and more. CoinSpot does not allow users Referral program:CoinSpot's referral service gives its customers the opportunity to earn $10 in Bitcoin right after making their very first AUD deposit without any additional trading fees. of your account information, the personal information you provide to CoinSpot, the strength level of your 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. An excellent feature for any new user is 24/7Live Chat support with a real person. lauses 24 or 26of these Terms of Use. Platform from time to time. If any provision of the Terms of Use are held to be invalid, CoinSpot - Buy & Sell Bitcoin - Apps on Google Play credit button at an EFTPOS device or providing the Card number to a merchant over the telephone or Any user of CoinSpots Platform who violates or breaches our Terms Contract will only terminate for that portion of Eligible Earn Coin. be transferred from the Issuer to CoinSpot, who will pay the refund into your CoinSpot account in Australian Even though the interface is simple, CoinSpot still incorporates many features that experienced traders want in a crypto exchange, such as staking on 21 coins and an NFT marketplace. In order to verify your account, you will provide us with personal information which ", Also, CoinSpot being a certified member of Blockchain Australia, and a registered member of the Australian Digital Commerce Association, and registered with AUSTRAC, an Australia-based anti-money laundering, and counter-terrorism regulator, makes it safer. transaction history and to re-execute any transactions which fail. amount of the transaction in Australian Dollars from the nominated digital currency that has a value in is debited against your Spendable Balance. The exchange employs robust security measures to protect client funds and information and possesses ISO accreditation for IT securities. In the image below, you can see all the Bundles offered by CoinSpot. Disable withdrawals: you can select this option to stop anyone withdrawing crypto or AUD from your account. the owner. However, check the below table to know about the trading fees of this Exchange platform:-. Phone verification phrase: you can select any phrase, and if you need to call support about accessing your account, CoinSpot can verify it is you. Trade with peace of mind knowing that CoinSpot has the highest level of globally recognised security certification in Australia. Good morning, I tried to send bitcoin out of my coinspot account and it has been on pending for over 2 hours. CoinSpot Withdrawal fees You can purchase goods and services using your Card and the payment transmit data to it) entirely at your own risk, that it is provided on an as is basis and that we The company has announced to launch an iOS-compatible version very soon. AUD deposits to the Australian based exchange. If the send is pending or completed you cannot cancel it yourself, please contact our support team for further assistance. you use or obtain access to a CoinSpot account, other than your own, this will result in immediate suspension Coins currently remain largely unregulated. Though PayID deposits are free, the daily limits for all banks vary. "text": "Yes, CoinSpot is a trusted cryptocurrency exchange and one of the few exchanges that has never been hacked since it was founded in 2013. An Eligible NFT on our Platform can only be purchased using liability of the Indemnified Parties to you, whether in contract, tort or statutory liability or otherwise, is { In order to achieve the ISO 27001 standard as mandated by the International Organisation for Standardisation, CoinSpot was required to complete an external audit undertaken by SCI Qual International (an accredited JAS-ANZ certification body). information submitted to or accessed via this Platform may not be secure and you should use discretion in My withdrawal status says 'closed.' In particular, emails to or from us and Eligible Coins are those Coins that CoinSpot has approved for use Liability Protection Policy does not apply to ATM transactions or transactions not processed by The Card allows you to purchase goods and services: at an outlet within Australia that has an EFTPOS Device; over the telephone or the internet by providing the 16-digit primary account number embossed on the front of the Card, expiry date and security code; or. Coins. Examples deactivated due to a breach of these Terms of Use. , Information on our Platform relating to the Card is general information branding, offers or other information, by trade name, trademark or otherwise does not constitute or imply 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. 0.1% fee - With market trades, you set a price that you want to buy or sell your crypto at, and it will be filled when another user wants to meet that order. transaction at the time of the transaction. Within your CoinSpot account, you must nominate the digital currencies Deposits are basically instant. Your Card is not a credit or charge card, and is not in any way The CoinSpot login process is quite simple and can be easily completed by following these steps:-. ", SCI Qual conducted an in-depth investigation into the exchanges Information Security Management processes and practices. Within seconds we were chatting with a real person, without having to go through a bot first. current, accurate and complete information, including any personal information, and agree to keep such CoinSpot even offers crypto interest on 21 coins, so you can grow your crypto as you invest for the long term. including but not limited to the activities outlined in Clause 16. The easiest way to buy Bitcoin (BTC) and a whole world of other digital currencies. CoinSpot - Reviews, Trading Fees & Cryptos (2023) | Cryptowisser As such, the value of Coins may rise and fall depending upon the transaction. You should independently satisfy yourself as to the information provided Select Send (1) in your Bitcoin wallet -> Provide the Amount, External BTC receiving wallet address (2) -> Provide your 2FA token (3) -> Select Send (4). discretion to allow deposits from and withdrawals to a financial institution account that is not held by the Then I got a call from a mobile number, and a nice lady said she was calling about the pending transaction and this was just a security check. You can buy an NFT straight from your account, with any cryptocurrency you like. Again, fees are reasonable. employees, service providers, members, representatives and agents, collectively the to another user, platform or third party website. It is a big step towards making crypto more mainstream, and able to be spent just like fiat. All subsequent transactions by you will be subject to the most current Any personal information we collect about you via this Platform will account, or any other POLi, BPAY or payment account, must be held in your name in order to facilitate all BPAY: Another reputed Australian brand that is widely popular across 45,000 vendors. Courts of Victoria will have non-exclusive jurisdiction. Eligible Earn Coin is calculated as the total amount of the Eligible Earn Coin in your Account less: any amount that has already been allocated to Earn: any amount that you are not otherwise entitled to in accordance with Clauses 24 or 26of these Terms of Use. While the direct trading commission may be considered reasonable, 1% is high for digital asset trading. NFT Marketplace:CoinSpot has introduced an NFT Marketplaceon their platform, which is a welcome addition for Australians. Platform (including, without limitation, our Privacy Policy and AML-CTF Policy) as they apply from time to Initially you will see that the transaction is 'Processing', and if that status isn't changing for a long time, you may wonder what has gone wrong. access to CoinSpots Platform and Services, including your CoinSpot account, if: You gain or attempt to gain unauthorised access to the Platform or Strong, multi-factor authentication is used Step 1: Log in to your CoinSpot account. Earn interest on 21 cryptocurrencies:CoinSpot is one of the first Australian crypto exchanges where you can earn crypto interest. supplied again. We may, in some instances, use our discretion to As a certified member of Blockchain Australia, you can can be confident CoinSpot meets best practice standards. Emails and ticketed replies always take a while, and can be frustrating, so live chat is the way to go. coins or tokens expected to be received from the Initial Coin Offering. We may amend, modify, add to or delete these Terms of Use at our that CoinSpot is not responsible for any losses that occur due to delays in processing deposits or In such cases, CoinSpot may cancel your buy or your CoinSpot account in a timely manner. Traders can do this by clicking on the ‘Account’ tab and then filling in the bank details and account number they wish to send their funds to." The refund amount will When choosing a cryptocurrency exchange, one of the most important points to look at is the security features to ensure that your assets and investments are safe. Spendable Balance, then you will be liable for any negative balance, along with any costs or interest we incur purchased or sold on our Platform. CoinSpot Review - Is coinspot.com scam or good cryptocurrency exchange? or inappropriate in any way to others, which would reasonably be considered spam or which is CoinSpot is not "mainEntity": [{ timeframes. The CoinSpot exchange offers the following features to its registered clients: CoinSpot overshadows other cryptocurrency exchanges with the following useful features:-. The good thing is you don't need to worry about price fluctuations while you wait for your order to be filled, and you can buy/sell all of the 370+ cryptos offered by CoinSpot. and. CoinSpot will communicate with customers by email and telephone and will and/or AML-CTF Policy; your breach of any law, regulation or rule; your violation or breach of CoinSpots copyright, intellectual your CoinSpot account; and, CoinSpot receive a request from a law enforcement or government agency wallets managed by CoinSpot. Anyone over the age of 16 can open an account with CoinSpot; get started with an email address, Australian mobile number & a valid form of ID to verify your account. Let's take a look at some of the key features that make CoinSpot one of Australia's most popular crypto exchanges: CoinSpot is an excellent crypto exchange for Australians, but there are a couple of points to keep in mind when deciding if it is the right platform for your needs: With so many crypto exchanges to choose from, you may be overwhelmed by all the options. ", sold or traded. Security: CoinSpot is the most secure and trusted crypto exchange in Australia, so you can invest and trade with peace of mind. entitled to any amount of an Eligible Earn Coin under an Earn Contract (including any amount paid at the Earn resident in the following jurisdiction: Australia. There may be a delay in paying the Earn Rate for Eligible Earn verified CoinSpot account holder. act as agent, representative, partner or in any other capacity on behalf of such operator or author. CoinSpot charges no fees for using this direct deposit method to deposit their funds into the exchange or via a bank transfer. We may take all action permitted Australian Dollars equal or greater to the value of the transaction (plus any fees). Step 3: Click on the Download CSV button. protected against transactions unauthorised by you, without your knowledge and consent. If your account is suspended in accordance with these Terms of Use and "@type": "Answer", "@type": "Question", Any pending transactions Having started its journey with the only Bitcoin CoinSpot now covers over 350 crypto coins available for instant trading (buying and selling) in AUD, including Bitcoin, Ethereum, Litecoin, Ripple, EOS, Stellar, NEO, Tron, etc., it also accepts DeFi tokens and supports other financial protocols like Aave, Uniswap, and Compound. The platform provides a safe and reliable platform for trading (buying, selling, or exchanging) cryptocurrencies. conditions that apply to our Earn Program. control by abusing any promotions, rewards or referral programs that we may offer at any given time; You breach any terms of this Terms of Use Agreement or CoinSpots funds or assets from your account. Despite the arrival of Swyftx If If you allocate an Eligible Earn Coin to Earn, you will receive a fixed Further, CoinSpot is not authorised as an Approved Deposit-Taking Institution (ADI) under the your own account, or access the account of another member or assist others in obtaining unauthorised access. By using We found it extremely useful when we tested it out, and there were no issues at any merchants, whether in-store or online. CoinSpot is not liable for any price variation due to market volatility, market or technology To participate in Earn, you must have a CoinSpot account. The certification process requires an in-depth investigation and ongoing audits of Information Security Management processes and practices. "@type": "Question", If those Coins cannot be recovered in full then CoinSpot is a solid choice for beginners and more experienced cryptocurrency investors. technical difficulties. If you terminate the Earn Contract for a portion of your lent Eligible Earn Coin, the Earn currency of statements, representations and information of others (including without limitation data, reports Blockchain Network the Coin is sent on. and possible termination of your account and the other members CoinSpot account. The section covers useful information related to the following topics: CoinSpot Review Customer Support by CoinSpot Exchange. in any way when an authorisation is declined for any particular transaction regardless of the By lending an Eligible Earn Coin to CoinSpot via Earn, CoinSpot will Platform and Services for the purposes of trading and holding Coins. endeavoursto notify you if we cease to support trading a particular to or less than the total available balance for the Eligible Earn Coin in your CoinSpot account. if you are unsure. The Services provided by CoinSpot are limited to users CoinSpot will exercise reasonable care to notify you of these events and, when you receive a notification, you must check your account and any pending or cancelled transactions. In fact, it is the first Australian crypto exchange with this feature, and soon after, several other exchanges followed suit. Use due to circumstances out of our control, including but not limited to, change of law, regulations or policy, I even closed down a previously used platform and transferred everything over. your identity, maintain security and prevent any fraud. The platform provides a safe and reliable platform for trading (buying, selling, or exchanging) cryptocurrencies. CoinSpot provides layered security and advanced support systems so you can buy Bitcoin with peace of mind and the comfort knowing support is available everyday to help. At any given time, your total balance for an circumstances, resources and tolerance to risk. There is a comprehensive Help Centre containing useful trading guides and great customer service dedicated FAQ section to help newbie traders get started with CoinSpot. From time to time factors outside of CoinSpots control may lead to delays. or any other factors. transferring and storing your Coins whether on our platform or through other sites, wallets or devices. . The Australian exchange supports more than 200 cryptocurrencies available for trade, exchange, and swap. Then did a bigger transaction out and it was stuck on pending for awhile. anywhere in the world where prepaid Mastercard cards are accepted. From everyday transactions to holidays for the whole family, enjoy a seamless experience everytime with CoinSpot Mastercard. In addition to buying, selling, converting and trading Coins, you are },{ Coin Withdrawal Status - CoinSpot The Card enables you to access certain digital currencies held in your CoinSpot multicoin A new phishing campaign that targets CoinSpot cryptocurrency exchange users employs a new theme revolving around withdrawal confirmations with the end goal of . The Platform allows account holders to buy, list and sell non-fungible security measures. have been credited to your account without notice to you. your name, we may limit and suspend your use of CoinSpots Platform and Services until you supply the BPAY deposits incur 0.9% deposit fee and cash deposits at a newsagent has a 2.5% deposit fee. As part of CoinSpots commitment to protecting your Coins and in CoinSpot offers Australias largest variety of digital assets with over 380 coins listed where users can buy, sell & swap benefiting from the lowest fees starting from 0.1%. Eligible NFTs purchased on our Platform are stored in secure custodial Those third-party marks, logos and names remain the property of their respective owners. balance of the Coins or fiat currency held in your account. Sign up to hear about the latest updates, market trends, and special offers. You are accountable for maintaining and preserving the confidentiality Phishing campaign targets CoinSpot cryptoexchange 2FA codes } "text": "CoinSpot Australia services are restricted only to Australian citizens. information through the Platform; Use CoinSpots Platform and Services for the purpose of obtaining, The withdrawals. If you want to sell an NFT, you can also do so straight from CoinSpot. "@type": "Answer", us); Knowingly or recklessly use or take advantage of a process, technical or CoinSpot Bundles to diversify your portfolio:Cryptocurrencies are indeed very volatile trading tools, which is why you need to take certain precautions (for instance setting up price alerts or stop-losses). I was asked to provide TXID upon contacting support. Figure 3. It is an excellent way to grow the amount of crypto you own as you invest in the long term. If this is the case, you will not be able to convert Coins into AUD or any other currency. Not only does it diversify your portfolio and spread the risk, it also saves time, minimises fees, and affixes an average cost over a split of coins. CoinSpot charges between 2% (for Bitcoin) and 3% (for altcoins), when trading against the AUD and 1% for crypto to crypto trading. CoinSpot securely stores Coin private keys and other information in available on our Platform and Services. Let's have a look and see if they affect your experience or not. Even if support manages to explain why the funds were moved, I'll no longer use this site to deposit fiat into the crypto space. If you are entitled to a refund for any reason relating to a Security is #1 priority:CoinSpot is the safest crypto exchange in Australia, as the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for information security! These stringent policies are designed to eliminate unauthorised access, use, destruction, modification or closure of the organisations information management systems. NFT List). If you find yourself needing assistance, the last thing you want is a bot who runs you in circles, or an email ticket that takes days for a response. CoinSpot has released a free debit card for their users. CoinSpot excels in this area, with industry-leading live chat support that is available 24/7. Engage in any restricted or criminal activities, including but not limited to: Distributing or funding drugs and drug paraphernalia; Knowingly or recklessly provide us with false, inaccurate or incomplete