Sending & Receiving FAQ - Cancelling Send - (Locating Transactions Tab) 2. "acceptedAnswer": { Heres what our customers have to say about their experiences with CoinSpot. evaluate whether or not you should invest, use and trade in Coins. Press question mark to learn the rest of the keyboard shortcuts. My personal favourite is 'Top Ten Market Cap' which is exactly as it sounds - the top ten biggest coins based on their market capitalisation. However, you For experienced crypto traders, the platform provides an. Our NFT services are a convenient, simple and user-friendly way of trading your Coins, see Security Recommendations. Coins. particular Coins on our Platform and Services. purposes which are competitive to the Platform or our business or which would otherwise be detrimental or You may cancel your CoinSpot account at any time, following the NFTs. According to our CoinSpot review, we can safely conclude that CoinSpot is not a scam but rather an amazing platform for cryptocurrency trading with a lot going in its favor. The Platform allows account holders to buy, list and sell non-fungible are not a resident in that jurisdiction you should cease using our Services. unsure. which are available to download simply through the Google Play Store or iOS App store. of incompatible wallet addresses include but are not limited to the type of Coin being transferred or the You agree that you will not use any other CoinSpot account other than the Platform as this is a security risk and may increase your exposure to hacking and misappropriation of your you at the time of purchase confirmation. will notify you of the conversion rate that applies to your transaction at the time the transaction is made. Further, the account will be activated, and the primary login and registration process ends. { Australian Dollars equal or greater to the value of the transaction (plus any fees). employees, service providers, members, representatives and agents, collectively the Traders can instantly trade cryptocurrencies (buy, sell or exchange) from amongst the huge list of supported crypto coins; more than 350 crypto coins are available at CoinSpot. Deposit AUD . 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. details of a bank/ADI or payment account in your name. deliberately false, misleading, or deceptive (or likely to mislead or deceive); Collect or store personal data about other users of the Platform; I have been using this exchange for the last 3 years and never had an issue. endeavoursto notify you if we cease to support trading a particular replicate the Platforms source code, formulas or processes; Interfere with the security of the Platform, the Services or the secure 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. Credit and debit cards are not supported:CoinSpot has a range of deposit methods but unfortunately if you are hoping to pay with your debit or credit card, this is not possible. You deposit fiat currency into your CoinSpot account and CoinSpot Nor is CoinSpot responsible or the interest of your security, all significant financial and trading transactions made by you from the CoinSpot Due to the applications, websites, software or any other services provided by CoinSpot (collectively . Limited ABN 30 131 436 532, AFSL 404131 (the technical difficulties. limited to supplying the Platform and Services again or payment of the cost of having the Platform and Services If you cannot resolve the dispute with the merchant, you should If you want to sell an NFT, you can also do so straight from CoinSpot. transferring and storing your Coins whether on our platform or through other sites, wallets or devices. return your funds to your linked bank/ADI account, unless we reasonably believe that you have committed any 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. if you are unsure. "Eligible NFTs" are those NFT collections that CoinSpot has verified as business days to complete. to or less than the total available balance for the Eligible Earn Coin in your CoinSpot account. reasonably and with regard to the prevailing market price, for the digital currency which is sold to fund the consider the following risks: Credit Risk: When you lend your Eligible Earn Coins to Earn, all rights, option available through. If your account is suspended in accordance with these Terms of Use and The interface is simple on both the desktop site and mobile app. Disable withdrawals: you can select this option to stop anyone withdrawing crypto or AUD from your account. any right exercised by CoinSpot under these Terms of Use. The CoinSpot website and its associated mobile applications (collectively ", The Platform, provided and operated by CoinSpot, allows account holders CoinSpot levies a transaction fee on fiat currency deposits, and thus the more traders buy or sell on the platform by funding their accounts with fiat currency deposits, the platform generates more revenue. in the event that we have a legal dispute relating to this Platform or these Website Terms and Conditions, the to generate or obtain repetitive and repeated amounts of data or other information from or to the Platform or 2)CoinSpot is If you enter incorrect bank details, transaction history and to re-execute any transactions which fail. I am lost here, please help 7 20 comments Add a Comment Hillbillyshroud 2 yr. ago They'll call you and verify its you sending the transaction is all - it must be your first big move off the exchange conduct through our 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. Sign up and verify with our easy process and youre good to go! One of the criticisms of CoinSpot is that there are no advanced markets, such as derivatives trading. or accumulation tools and robotic or scripted responses); Reverse engineer, disassemble or otherwise attempt to construct, copy or To create an account on the CoinSpot crypto exchange platform, traders need first to visit the CoinSpot website and click on the Register button to find it at the top right-hand corner of the page. A service fee applies to all transactions where Eligible NFTs are through CoinSpots Platform and Services. You must ensure that there is a positive Spendable Balance before the Card is used. 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. Cash out is fast. To view our privacy policyread this breakdown. Responsive customer support team and Over-the-Counter support desk for traders (Australian Super Fund investors). The fees are fair and exchange rates a great. Our friendly Support Team provides premium customer service where users can directly engage with real people 24/7 to assist with any queries. Do anything else which may interfere with or negatively affect the With CoinSpot's instant crypto purchases, you can buy any of the 370+ coins by simply clicking the Buy button. The verification of your identity and on-boarding of your account may take up to 10 In order to verify your account, you will provide us with personal information which other users against fraud. Authorised Deposit-Taking Institution (, The trading or holding of coins, tokens, crypto, digital currencies, or "text": "Users can withdraw money anytime from CoinSpot via bank transfers for free. However, a flat fee of 0.90% is charged by the payment service providers on payments made via BPAY and a flat 2% for any Cash deposit. has to recover any fiat currencies or Coins which are afforded to it under the Terms of Use or at law. We may amend, modify, add to or delete these Terms of Use at our ", "I've been using this app for years and today was the first time I made a withdrawal, it took minutes from the time I put bank details in until it (fiat) was in my bank account. technology and the international market, CoinSpot cannot warrant or guarantee that particular Coins will be You may cancel the listing of an Eligible NFT at any time prior to that your access or use will be uninterrupted, timely or secure. If you terminate the Earn Contract for a portion of your lent Eligible Earn Coin, the Earn CoinSpot may provide your personal information or any other information full or at all. You acknowledge that CoinSpot is not responsible for any losses or harm incurred due to delays in "mainEntity": [{ Simply add it to your Google Wallet or Apple Pay on your phone, and use it straight away. such as your IP address or when your account was last accessed if requested by a law enforcement agency or Platform or Services. CoinSpot is an industry leader with its security; it secures a vast majority of assets in highly secure offline locations, and has a variety of customisation options in your personal account to prevent unauthorised account access: For Australians, CoinSpot is definitely one of the best exchanges for buying cryptocurrency. from that NFT collection on the CoinSpot Platform will be immediately cancelled. 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. to verify your identity either directly or through third parties, in order to protect our Platform, Services and tokens (NFT). ", movement of your Coins including any pending, lapsed or cancelled transactions or purchases through your Choose one of the other deposit methods, or if that is your only option, you can use Swyftx, which is a similar crypto exchange that accepts debit and credit cards. CoinSpot offers Trading View charts and other advanced order types. financing or financial crime including any breach of the laws regarding sanctions and bribery; Your use of the CoinSpot Services is subject to any pending in recovering or attempting to recover from you the amount owing. currencies for when you use the Card for transactions. "name": "How Do I Withdraw Money From CoinSpot? Blockchain Network the Coin is sent on. If you are entitled to a refund for any reason relating to a CoinSpot is not responsible or liable for any Coins once they are processing, distributing, viewing, assessing, analysing, copying or replicating any information, methods or 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. not liable for any loss or liability incurred by you as a result of any fiat currencies being sent to an It also requires a trader to upload a selfie photo that has him holding any of the IDs. 2023Marketplace Fairness - All Rights Reserved. It is more like an e-wallet system that processes daily payments instantly within a day. Read our. When you are paying for goods and services by selecting the 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 Besides cryptocurrencies, the exchange also supports DeFi tokens like Aave, Compound, Uniswap, Yearn Finance, and Sushi." We ensure that your information is safe by managing access controls, such as identity, access When you click on those links or access Third Party Websites through the Platform, we may earn a payment as a The supported digital currencies include Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, NEO, Cardano, TRON, EOS, and Stellar Lumens. Liability Protection Policy does not apply to ATM transactions or transactions not processed by sold or traded. the transaction again or at another time. and precautionary measures available to you in order to protect your Coins. a dividend at CoinSpots absolute discretion and only if explicitly stated by CoinSpot. data centres used have ISO 27001, 27017 and 27018 certifications and PCI DSS7 compliance. If those Coins cannot be recovered in full then The company has announced to launch an iOS-compatible version very soon. 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. 5 stars for sure. However, check the below table to know about the trading fees of this Exchange platform:-. All the content on this site is provided for. 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. Access to personal information is only granted to an employee 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. To re-enable withdrawals you need to contact support. enter, including whether the BSB and account number entered belong to you. CoinSpot transmit data to it) entirely at your own risk, that it is provided on an as is basis and that we and/or AML-CTF Policy; your breach of any law, regulation or rule; your violation or breach of CoinSpots copyright, intellectual CoinSwap: 1% - The ability to buy and sell coins with instant liquidity from one coin to any other coin on the platform. If By accessing our NFT services you acknowledge and warrant that you have There was no queue, and the agent was able to solve our issue quickly. If you ask CoinSpot to cancel, amend or With crypto scams popping up every other day, it becomes even more crucial because no one wants to be a victim. goods or commodities in the market and are subject to exceptional risks. 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. You acknowledge and agree that you access our NFT services as 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). explicitly stated by CoinSpot. CoinSpot Australia services are restricted only to Australian citizens. branding, offers or other information, by trade name, trademark or otherwise does not constitute or imply Platform and Services or the use of or reliance on information contained on or linked to the Platform and This amount may change from time to time due to the blockchain as well as the user been completed. By lending an Eligible Earn Coin to CoinSpot via Earn, CoinSpot will only permitted to send your Coins to another user, platform, website or to your personal wallet. From everyday transactions to holidays for the whole family, enjoy a seamless experience everytime with CoinSpot Mastercard. } We are not responsible or liable for the handling, use or disclosure of credits your account with the same value of fiat currency as the deposit, but CoinSpot does not receive cleared By using "name": "Is CoinSpot Trustworthy? transaction. 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. Your Card is not a credit or charge card, and is not in any way Currently, you can earn interest on 21 different coins, and CoinSpot plans to add more to the list in the near future. You can only access our NFT services for Eligible NFTs available on the airdrops and any other similar mechanisms at CoinSpots absolute discretion. The fee will be listed on the wallet page. allow deposits and withdrawals which exceed the limit displayed. You must then After you terminate CoinSpot may also support the payment of If you only plan on buying popular coins such as BTC, ETH, ADA, and BNB, then this doesn't matter too much, but if you are looking to find a unique coin, your best bet to find it is on CoinSpot. Figure 3. It also includes any services, content, products, mobile Earn Rate is compensation paid by CoinSpot to you for lending the Eligible Earn Coins to CoinSpot during the Hey, sorry can't help you out but noticed your status displays 'complete.' CoinSpot has released a free debit card for their users. you. Other payment methods include POLi payments or PAYID payments, or instant AUD deposits. transaction at the time of the transaction. ", quality, performance or fitness for purpose of the Platform and Services or the completeness, accuracy or By using our Platform and Services, you agree to provide us with minimum-security measures including two-factor authentication to securely access your CoinSpot account, an Normally, trading fees apply to the newbie traders who have just set out their career in cryptocurrency trading using AUD. CoinSpot is one of the instant best crypto exchanges that allows traders to buy or sell Bitcoin without negotiating its price readily; the platform owns crypto assets that can be readily traded by the registered traders. Apart from cryptocurrency deposits, the platform also allows cash deposits and fiat currency deposits like BPAY, POLi payments, PayID. "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. AUD, USD, CAD, CHF, EUR, GBP, NZD, SGD, JPY & more, AUD, USD, TWD, AED, PHP, JPY, CAD, EUR & more, BTC, ETH, LTC, XRP, CRO, ADA, DOT, SOL, DOGE & 250+ more, MEXC, BTC, ETH, EOS, BCH, LTC & 1,520+ more, Visa/Mastercard, Apple Pay, Google Pay, PayID, Cryptocurrency, Bank transfer, BPAY, Cash, POLi, PayID, Cryptocurrency, POLi, PayID, OSKO, Bank transfer, Credit card, Cryptocurrency, Bank Transfer (ACH), BPAY, SEPA, Credit/Debit card, PayPal, TransferWise, Fedwire, SWIFT, Cryptocurrency, Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency, Best OTC Crypto Trading Services in Australia, How to buy crypto with bank transfer in Australia, How to buy crypto with a credit card in Australia, How to buy crypto with a debit card in Australia, How to buy crypto with PayPal in Australia, Mejores exchanges para comprar criptomonedas, Mejores exchanges de criptomonedas en Estados Unidos, Las principales plataformas de trading de margen de criptomonedas, Los mejores bots de comercio de criptomonedas, Cmo comprar criptomonedas en USA | gua completa, Best Australian Mobile Share Trading Apps, Quick and easy sign-up process so you can start trading in a few minutes, CoinSpot's straightforward and simple interface helps newcomers effortlessly enter the world of cryptocurrency. OTC Trades: 0.1% fee - Members who perform high-volume transactions can use the OTC (Over-The-Counter) Trading Desk, which has instant settlement. When (0xE4b3dD9839ed1780351Dc5412925cf05F07A1939) investigating this ETH address, the comments look like others have had similar issues. It is an excellent way to grow the amount of crypto you own as you invest in the long term. Party Content nor for any infringement of third party intellectual property rights as a result of hosting links You will find all of the major coins, such as BTC, ETH, LTC, XRP, BNB, as well as many small altcoins that you may not even have heard of. You must not publish, adapt, communicate to the public, 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. We take 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. CoinSpot offers more than 370+ cryptocurrencies, crypto interest on 21 coins, a crypto debit card, and a user-friendly interface with 24/7 live chat support. purchased or sold on our Platform. to another user, platform or third party website. funds or assets due to an error, glitch, or loophole, CoinSpot may take reasonable action, including but not When sending coins to wallets outside CoinSpot you will be charged a standard transaction ( mining) fee. The instant buy & sell function has a trading fee of 1.00%. your account, at CoinSpots absolute discretion by giving you prior notice. All deposits and withdrawals made are subject to the limits displayed on 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. Unlike other traditional fiat outlined by CoinSpot through its Platform from time to time. CoinSpot can be accessed via a web browser or through their. If you deposit fiat currency into your CoinSpot account but CoinSpot to or greater in value to the transaction to complete the purchase. and analyses) provided via the Platform and Services and CoinSpot will not be liable to any person or entity for price indicated on our Platform and as such we will be unable to execute your order and will return the funds to Mastercard. 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. Click on the transaction whose status you want to check. Buy crypto instantly with AUD:Being an Australian exchange, the first feature worth mentioning is the ability to buy crypto with AUD. When buying or selling on the markets the fee is 0.1% The fee for instant buying and selling coins is 1%. These include BTC, LTC, ETH, XRP, ADA, GAS, NEO and more. hold all rights, title, interest and access to the Eligible Earn Coin for CoinSpot to use at its absolute processes related to the Platform (including without limitation by way of data scraping, the use of collection For me, it comes down to three main things: 1. However, if the user is based outside the Australian jurisdiction, they need to deposit funds only via cryptocurrencies." This includes processes relating to the management of; digital asset storage, information relating to employees, contractors, suppliers, clients, products, processes, and intellectual property. User-friendly: CoinSpot has a simple interface that is easy for beginners to use, and depositing and withdrawing is free and easy. registering for the Card, you should consider if the Card is suitable for you depending upon your financial our Platform and Services by submitting a support request on our website or emailing us at. you wish to redeem (your Spendable Balance) and set the order of preference of those nominated digital Coin that is available to be lent to CoinSpot as part of Earn. The hotkeys in the dashboard allow you to buy and sell quickly, with the current live price next to it. I definitely highly recommend this app. Earn Contract; and. Instant Buy and Sell. For more information about how to secure and protect relation to the Services. Buying crypto has never been more convenient. As a result, traders can execute a trade at any time during the day and close all trade positions within the same day." By using your CoinSpot wallets within the app you can easily track your holdings and wallet values in one simple view. CoinSpots Platform and Services does not provide information to You will not be charged any fees for cancelling your CoinSpot account, however you must pay any outstanding order to maintain the security and integrity of the system. responsibility for information that you receive through our Platform and Services. CoinSpot does not set these third-party network fees. We will use our reasonable Seems to be fixed now they just replied and gave me back my eth, Did you end up getting your issue fixed? any direct, indirect, consequential or other loss, damage, liability, claim or expense (however caused, we remove a Coin from the Eligible Earn Coin List, any such Coins that you have allocated to Earn will be Press J to jump to the feed. endorsement, sponsorship or recommendation by us or the respective trademark owner. POLi Pay: A bank transfer method owned by Australia Post that allows users to deposit funds instantly free of any fee makes it a favorable option for many. While the trading fee to use the exchanges Over-the-Counter (OTC) desk is 0.1%. "@type": "Question", Earn. personal, business and self-managed superfund CoinSpot accounts as well as to ensure that you are compliant and . "acceptedAnswer": { CoinSpot Bundles to diversify your portfolio: No advanced options such as derivatives or margin trading: Credit and debit cards are not supported: be awarded the ISO 27001 certification. CoinSpot reserves the right to stop offering trades in relation to It is the first exchange tobe awarded the ISO 27001 certification. and up-to-date information. Party Website or the author of the Third Party Content and in so far as such links to Third Party Websites or account and selecting end lend term in the wallet for the Eligible Earn Coin. }, best cryptocurrency exchange in Australia, Bank transfer: None, BPAY: 0.9%, Cash Deposit: 2.5%, 24/7 via Live Chat, Email, & Phone Support. "name": "Is CoinSpot Regulated? What is about CoinSpot transaction fee? sell order and return the funds into your CoinSpot account. You should seek independent and professional tax advice in relation to Earn. If there is I logged in to check if transaction has been completed unfortunately it says transaction is waiting for approval. If you are a newcomer to crypto this will not be an issue, but if you are a serious trader, you may find CoinSpot lacking in options. As NFTs are non-fungible in nature, they cannot be replaced one for one. CoinSpot will exercise reasonable care to notify you any transactions initiated by that person with the Card. names mentioned on this Platform are either owned by us or are displayed under licence or with permission from It also allows them to trade in the open market by speculating crypto prices and earning potential profits. 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. In the event of a breach of these Terms of Use by you, CoinSpot will As a user, you can take security into your hands and customise your account with Two-Factor Authentication, custom withdrawal restrictions, anti-phishing phrases, geo-lock logins and session timeout settings to suit your needs. The fee for buying and selling coins is 1%. anywhere in the world where prepaid Mastercard cards are accepted. ", "I recently opened up a CoinSpot account. A conversion fee applies to all transactions where Coins are purchased, December 23, 2021. and at your own risk. are delayed beyond a reasonable time or lapse due to time delays. other material (. "text": "Yes, as per our CoinSpot review, the exchange allows day trading. A new window will appear on the right with transaction details, including amount, fee, type, status. In the image below, you can see all the Bundles offered by CoinSpot. All Eligible By using the Platform you accept the conversation rate applicable from time to time. Made a withdrawal almost 3hrs ago now, status is showing as complete on coins pit but funds havent arrived and the TXID is show nothing on etherscan. information submitted to or accessed via this Platform may not be secure and you should use discretion in Market Trades: },{ You can also scroll down to check your portfolio of coins to easily track how your personal investments are trending. Reference on the Platform to any companies, products, services, the same terms had the suspension, limitation, restriction, deactivation or termination not occurred. execute the transaction. The Spendable Balance does not earn interest and your balance is not a bank This offer is only available to our readers, so be sure to sign up here. You may not make pre-authorised regular payments with the Card. time. Open up the wallet and select the Transactions tab . Very beginner friendly.". "@type": "Question", We strongly advise that you familiarise It also have a CoinSpot MasterCard, where you can spend crypto your way. I was asked to provide TXID upon contacting support. never provide links to other websites or request sensitive information such as 2-factor codes and passwords. Once the funds have arrived, head to the buy/sell page where you can instantly purchase any of the assets listed. If Imagine pulling your hair out trying to find contact details for an exchange because you can't seem to deposit funds; you will wish you had the option to speak to Customer Support! By opening an account to use the Services, you expressly represent and By creating a CoinSpot account, you authorise CoinSpot to make enquiries that CoinSpot is not responsible for any losses that occur due to delays in processing deposits or At Marketplace Fairness, we have managed to secure a special offer of $20 FREE Bitcoin if you sign up with this link. Safety and security are the most significant concern for all crypto users- beginners or experienced. defend and hold harmless CoinSpot (and each of its associated entities, directors, officers, affiliates, CoinSpot is one of the earliest cryptocurrency exchanges in Australia, established in 2013, and has built up its reputation over the past decade of being the most secure and trusted platform. more information on the conversion rate, see. the Earn Contract; Are only entitled to the Earn Rate for the Eligible Earn Coins and the Directly access your Bitcoin wallet (or any other available currency) to; view your recent order history, easily send & receive directly from the app, and view your recent send and receive transactions.
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