How Does CoinSpot Work?

CoinSpot works in the same way as any other digital currency exchange. It matches buyers with the sellers and charges a trading fee, often called a ‘spread’ for its services. When users first register their account with CoinSpot, they must deposit some money into their CoinSpot account via bank transfer or via cryptocurrencies. Once the account is funded, traders can instantly start trading on the platform.

Features of CoinSpot

The CoinSpot exchange offers the following features to its registered clients:The platform is made user-friendly to suit the needs of all investors- new or experienced.CoinSpot offers ‘Trading View’ charts and other advanced order types.Traders can instantly trade cryptocurrencies (buy, sell or exchange) from amongst the huge list of supported crypto coins more than 210 crypto coins are available at CoinSpot login. Apart from cryptocurrency deposits, the platform also allows cash deposits and fiat currency deposits like BPAY, POLi payments, PayID.The exchange employs robust security measures to protect client funds and information and possesses ISO accreditation for IT securities. Responsive customer support team and ‘Over-the-Counter’ support desk for traders (Australian Super Fund investors).Employs an ‘Affiliate program’ to reward users up to 30% of commissions on referrals.

Creating an Account

Like most cryptocurrency exchanges, to create an account with www.CoinSpot.com login, new users will need to go through a registration process to create a crypto trading account. To get started, visit the website and click 'Register' at the top of the page, fill in the details and click 'Create Account'.

www.CoinSpot.com login exchange will prompt for an email address to verify the user's access to the submitted email address. Verification of the email address completes the basic www.CoinSpot.com login account creation process for users to login to www.CoinSpot.com login for the first time.

A basic www.CoinSpot.com login account allows the users to explore the features of the website but cannot deposit or withdraw funds until verification is completed. CoinSpot login verification is required to prove identification documents to allow deposits up to AUD $2,000 per day and withdraw funds from the www.CoinSpot.com login wallet. The following documents will be required:

• Full name

• Date of birth

• Phone number

• Residential address

• Copy of a valid identification card or passport with proof of address

• Selfie photograph holding up an ID document

This process is quite strict and adheres to the checks and balances as per AML policies and not to be concerned about. This is a standard process to protect the crypto exchange from involvement in money laundering or suspicious activity. The overall verification process takes less than 24hours to be approved before the users can perform buying/selling activities. To get more information about CoinSpot login, Browse us now!