Overview
CoinSpot is Australia's largest and most established crypto exchange — an AUSTRAC-registered, ISO 27001-certified platform known for making it easy for Australians to buy hundreds of coins with AUD.
Founded in 2013, CoinSpot is the default starting point for many Australian investors. It pairs a huge coin selection with a beginner-friendly app and strong local security credentials. The trade-off is cost: the one-tap instant buy carries a spread of around 1 percent, though the market-order feature drops fees to about 0.1 percent.
Key features
- 400+ coins available in AUD
- ISO 27001 certified — a first for an Australian exchange
- Instant buy, plus cheaper market orders at about 0.1 percent
- Bundles, staking, NFTs and a polished mobile app
Fees & costs
CoinSpot's headline instant buy/sell spread is around 1 percent, which is convenient but pricey. Switching to the market order book brings fees down to roughly 0.1 percent. Deposits via PayID or bank transfer are typically free; card and BPAY may cost more.
Security & trust
CoinSpot passed our safety screen comfortably: it is AUSTRAC-registered and was the first Australian exchange to earn ISO 27001 certification, with the majority of funds in cold storage and two-factor authentication throughout. As with any custodial exchange, use 2FA and move long-term holdings to your own wallet.
Pros & cons
👍 Pros
- Huge coin selection in AUD
- ISO 27001 certified security
- Very easy for beginners
- Free AUD deposits via PayID and bank
👎 Cons
- Instant-buy spread of about 1 percent is expensive
- Cheaper market orders are less obvious to new users
- Australia only
Who it's for
✅ Good fit if…
Australian beginners who want the widest coin selection and a trusted, locally-regulated home for their first purchases.
⛔ Look elsewhere if…
Cost-sensitive active traders who will not use the market-order book, and anyone outside Australia.
Frequently asked questions
Is CoinSpot safe to use?
CoinSpot passed our safety screen comfortably: it is AUSTRAC-registered and was the first Australian exchange to earn ISO 27001 certification, with the majority of funds in cold storage and two-factor authentication throughout. As with any custodial exchange, use 2FA and move long-term holdings to your own wallet.
What are CoinSpot's trading fees?
CoinSpot's spot trading fees start from around 0.1% and fall with volume. Deposit and withdrawal fees vary by method, so check CoinSpot's current fee schedule before trading.
Is CoinSpot available in Australia?
Yes — CoinSpot lists its availability as AU only. Always confirm it supports your country and payment method when you sign up.
Is CoinSpot good for beginners?
CoinSpot is best for australian beginners. Australian beginners who want the widest coin selection and a trusted, locally-regulated home for their first purchases.
Verdict
Bottom line. Australia's most popular exchange for good reason — safe, simple and broad. Just use market orders instead of instant buy to keep fees low.