If you’re looking to buy, sell or trade cryptocurrency, you’ll want to find the best crypto exchange in Australia. The more cryptocurrency exchanges there are out there, the harder it can be to know which one to trust with your money. Luckily, CoinSpot is an Australian cryptocurrency exchange you can feel safe and secure trading on. Whether you’re looking to hold Bitcoin for the long term or cash out through a quick sale, here’s why CoinSpot should be your first choice in the world of crypto currency exchanges in Australia.
Fees
Cointree charges low fees when you use its platform to buy bitcoin. Fees vary according to your payment method. Here are some example costs: bank transfers or credit card purchases – 3.2 percent; cryptocurrency purchases – 2 percent; fiat withdrawals (any currency) – 0.5 percent. The platform uses a real-time gross settlement system (RTGS), so bitcoins can appear in your account instantly after purchase or transfer. Users can also make Australian dollar deposits and withdrawals through bank transfers, international debit cards and regular ATM withdrawals of cash in Australia dollars at partner banks around Australia (EFTPOS is accepted). Cointree’s website provides information on cryptocurrency markets around Australia including Bitcoin prices, Dogecoin prices, altcoins charts information and more.
Exchange rates
Conveniently, CoIntree makes it easy to buy and sell bitcoin. All of our prices are listed in Australian dollars. This means that you can make a purchase at any time, even if you don’t know what bitcoin price is doing. If you have bitcoin already or would like to start earning more of it by mining, we can help. Simply send us your bitcoin (btc) address and we’ll tell you exactly how much Australian dollar (AUD) value is available. You can then use that value in one of our buy or sell orders!
Asset availability
Whether you’re interested in investing in altcoins or are looking to trade cryptocurrency, Cointree can help. We have a wide variety of assets available for users with different preferences. A few of our most popular cryptocurrencies include Bitcoin, Ethereum and Ripple. Since 2014 we’ve helped thousands of new investors get started with their first cryptocurrency investments. With a quick setup process and access to your digital wallet immediately after registration, you can start buying or selling quickly. Our goal is to make your first cryptocurrency investment as easy as possible so why not sign up today?
Security
There are no fiat funds stored at Cointree.com. You should never have to give your personal details to another individual or company except when depositing funds. All deposits made via credit card come with a built-in extra layer of security as all payments are processed through Stripe or Paypal. Most importantly, we do not store any sensitive information about you in our system such as your password or 2FA codes. In fact, 2FA is always handled by Authy which means they never actually receive access to your codes but only an encrypted version (one-time passwords). If you’re familiar with how blockchain works, then it’s a simple concept that makes our website completely unhackable.
Conclusion
Launched in May 2017, Cointree is already Australia’s largest and fastest growing cryptocurrency exchange. This could have something to do with its commission-free trading policy, high liquidity or intuitive platform design. For example, you can trade Bitcoin against Ethereum without leaving your account. Or purchase Litecoin with a bank transfer—without incurring any fees. That all makes it really easy to get started with cryptocurrencies… if you’re new to digital money. If you’re a pro trader who wants to go deep into setting price alerts or moving funds across different wallets… that’s all available too. And it’s all on one simple platform designed with beginner users in mind.