Recommended Exchanges for Australians:
CoinSpot
Coinspot the best Australian Based Crypto Exchange for Beginners and Experts alike.
(in terms of user friendly for Australians)
Coinspot is a very simple exchange to use to buy sell and manage all of your Crypto Currencies.
This is my personal favourite exchange for buying and holding any crypto coins as an Aussie because of the ease and speed but also because of the great automation features such as regular automatic buying and stop loss, Take Profits, Buy Limits and Buy Stops
Those features allow you to not miss out on taking profits when any coin shoots up in value, these features enable you to set and forget activities such as buy or sell a coin on automatic pilot if it is rising or falling in value
so, for example, if you have bought bitcoin when it is at a low price of example $30,000 and you want to sell it as it rises you can set points where if it hits for example $40,000 you sell any amount you wish, then again and again at any level you wish. this is also available as it drops so either direction, used wisely this can gaurantee that you maximise profits and minimise risk.
You can also purchase NFT’s through coinspot if you’re into NFT’s .
You can use coinspot through a browser on your desktop computer or use their awesome and simple to use APP available in the Apple and Android App Stores.
With Coinspot you can also send and receive any of your crypto currencies direct to your other exchanges or wallets. And you can accept payments or gifts from any person worldwide in any crypto currency you would like.
The advantage for Australians of using Coinspot over other exchanges is the instant Deposit and Withdrawal features that work seamlessly with most Australian Banks. so you can leave Australian dollars in your Coinspot account (seen as Available Funds) which you can then use to make regular purchases to DCA (dollar cost average) any of your chosen cryptocurrencies. this is a great method of set and forget regular investing into Bitcoin, Ethereum or any other cryptocurrency that you would like to invest into. Coinspot is very simple to use with the app or website.
With Coinspot you can instantly Deposit Fiat (AUD) money to and from your account very easily.
Quickly deposit money from your Australian bank Account direct to Your CoinSpot account using any of the following methods:
Please Note: As your CoinSpot PayID is unique to you, only enter your description if it is required by your bank. If you have saved your unique CoinSpot PayID as a favourite within your internet bank account you do not need to re-enter your description to complete a deposit.
| Deposit Time: | Instant |
| Deposit Fee: | Free |
| Daily Deposit Limit via PayID: | Please refer to your banking partner as daily limits may vary |
Coinspot Referral Program:
Share the love & get $10 free BTC
Refer a friend to CoinSpot by giving your Referral link to anybody who you tell about it or post your link to your social media accounts to spread the word and you will both receive $10 worth of Bitcoin.
The amount of Bitcoin (BTC) credited to both parties will be the equivalent value of AUD $10 at the time the referred party completes their first AUD deposit. You must hold a verified account to claim your reward.
Additional to the Referral link for your friends and family to gift you both $10 of BTC you can also choose to instead use an affiliate link. which gives you a share of all fees for transactions made for anybody that joins via your coinspot affiliate link.
Option 2
Binance is our recommended 2nd option
More information on Binance Coming Soon.
