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CoinSpot is an Australia- based digital currency trading platform founded by Former programmer Russell Wilson in 2013. It initially focused on Bitcoin, but now supports a notable number of altcoins, such as Ethereum, Dash, Litecoin, Ripple, Monero, NEM and more.
Type: Centralized Platform
Founded Year: 2013
Founded Country: Melbourne, Australia
Founder: Former programmer Russell Wilson
Service Available: Australia
The two main reasons why Russell Wilson started CoinSpot are
1. To enable anybody to be part of the digital currency market
2. To promote the widespread acceptance of cryptocurrency and crypto-assets.
CoinSpot is an easily accessible, user-friendly and delivering superior customer service trading platform for both beginner and experienced traders.
CoinSpot is a platform that accepts many payment methods and sets low fees for transactions. This attracts many users and traders to be in this CoinSpot platform active always. Thus, you can also start your own crypto exchange as like CoinSpot.
1. CoinSpot is a centralized crypto trading platform that was founded in Melbourne, which allows users to buy and sell Bitcoin, Ethereum, Dash, Ripple and lot more.
2. The payment methods acceptable by CoinSpot platform are BPAY, Cash, Cryptocurrency and POLi.
3. CoinSpot supports its own country's fiat currency AUD and nearly 120+ cryptocurrency including Bitcoin, ETH, Ripple, and Litecoins.
4. Fees in CoinSpot
1. The trading fees in CoinSpot falls as
2. There are no withdrawal fees for Australian bank accounts only.
3. The Deposit fees for Cash is 2 %, BPAY is 0.9% and none for POLi.
5. CoinSpot caters to the local Australian market and complies with new anti-money laundering and counter-terrorism financing (AML-CTF ) rules monitored by the Australian Transaction Reports and Analysis Centre (AUSTRAC).
6. Security Features
1. CoinSpot comes under the ABN ( Australian Business Number ) registration and Australian Digital Commerce Association.
2. As mentioned earlier, it also complies with Australia’s latest AML-CTF laws and rules which are administered by AUSTRAC.
3. CoinSpot utilizes a two-factor authentication process that requires users to verify their identities via their emails and cell phones through start their trading process.
7. CoinSpot has the only platform on the web. You can create your own trading platform as like coinspot that allows users to trade on both web and mobile.
8. Fastness to Trade
Time For Deposits
Deposits are instant when it is through POLi and takes nearly 2 business days for BPAY.
Time For Withdrawals
Withdrawals generally take 24–36 hours which are processed 1 business day after the submission of the request.
Depends on cryptocurrency and may take 12 hours to confirm the transfers.
9. CoinSpot is also has some limitations which involve lack of advanced trading options. Thus you can adopt those advanced features in your platforms.
10. Store, receive and send tokens or coins through the multi-coin wallet available on CoinSpot platform.
Bitdeal - Leading Cryptocurrency exchange Clone Script Provider can provide you the best clone scripts of top exchanges to start your own crypto exchange. We offer the unique CoinSpot Clone Script to build your own digital asset exchange platform as like CoinSpot.
We develop and deploy the script with more advanced and enhanced features and plugins that coinspot doesn't hold and make you more popular than CoinSpot.
Its time to get CoinSpot clone script from Bitdeal and launch your own crypto trading platform as like CoinSpot.
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Disclaimer: Bitdeal never has control over the Coinspot and their trade mark, also we are not doing any promotional activities for them . We are using the term "Coinspot" for easy understanding and identification. Our products and services are not mean to harm any organization or individual.
Hey Peeps !! This is Anushya an enthusiastic and energetic individual who persists in the field of Blockchain and Cryptocurrency for more than 4 years. At present, surviving as a Business Consultant and Blogger at Bitdeal. I am fascinated towards the upcoming trends and technologies in the digital globe. Stay tuned with us to move forward with innovations in the crypto industry !!
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