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Coinspot

Verified
Cryptocurrency Exchange
www.coinspot.com.au Melbourne, Australia Founded 2013 200+ employees
34
Poor

Trust Score

3.4(227 reviews)

Australia's oldest crypto exchange

Reviews (47)

Filter:
2.0
in 8 months

Disappointed with the service

KYC VerifiedVerified

Let down by this service. Started well but quality has declined. Response times from support have gotten worse, there have been several unexplained outages, and some features that worked before now seem broken.

✓ Pros

Competitive on some fees

✗ Cons

Very slow customer support

Used for: 2-3 years

Ryan Martin
Ryan Martin
Active18 reviews
3.0
in 8 months

Needs improvement in several areas

KYC VerifiedVerified

Middle of the road. Works as advertised for the most part. Had one issue with an account verification that took several days to resolve. The platform itself is functional but lacks the polish of top-tier competitors.

✓ Pros

Reasonable security

✗ Cons

Interface feels dated

Used for: More than 3 years

Ethan Yoon
Ethan Yoon
Contributor28 reviews
4.0
in 7 months

Very good overall, minor improvements needed

KYC VerifiedVerified

Very satisfied with my choice. The onboarding was straightforward, the platform is reliable, and I've had no major issues in six months of use. Customer support was helpful when I needed assistance with a withdrawal ques…

✓ Pros

Good customer service

Used for: 1-2 years

Thomas Morozov
Thomas Morozov
Newcomer26 reviews
2.0
in 7 months

Several issues that need fixing

KYC VerifiedVerified

Not worth the hassle. Too many problems with basic functionality. The mobile app crashes regularly, deposits take too long to process, and the support team seems overwhelmed. There are better options available.

✓ Pros

Competitive on some fees

Used for: Less than 1 month

Jürgen Young
Jürgen Young
Newcomer17 reviews
4.0
in 6 months

Almost perfect, just a few tweaks needed

Very satisfied with my choice. The onboarding was straightforward, the platform is reliable, and I've had no major issues in six months of use. Customer support was helpful when I needed assistance with a withdrawal ques…

✓ Pros

Good security

✗ Cons

Mobile app has minor bugs

Used for: 1-2 years

Diego Young
Diego Young
Contributor22 reviews
5.0
in 6 months

Exceptional experience from start to finish

Simply put, this is the best service in its category. Fast, reliable, secure, and with excellent customer support. I've been a loyal user for two years and have never had a serious issue. The continuous improvements show…

✓ Pros

Strong security

✗ Cons

Minor UI improvements possible

Used for: More than 3 years

Lorenzo Greco
Lorenzo Greco
Newcomer21 reviews
5.0
in 4 months

Best platform I've ever used

KYC VerifiedVerified

Incredible value for money. The features offered at this price point are unmatched by competitors. I particularly love the real-time notifications and the detailed reporting tools. Customer service resolved my one query …

Used for: 3-6 months

Justin Johnson
Justin Johnson
Active26 reviews
4.0
in 4 months

Happy with my choice

KYC VerifiedVerified

Really impressed with the service overall. The core functionality works flawlessly and the security measures are robust. Docking one star because the mobile app occasionally has minor bugs, but nothing that significantly…

✓ Pros

Clear pricing

Used for: More than 3 years

Khalid Suzuki
Khalid Suzuki
Active25 reviews
2.0
in 4 months

Below average experience

Poor experience. Multiple issues with account verification, slow transactions, and customer support that takes days to respond. The platform has potential but needs significant work before I'd recommend it.

✓ Pros

Competitive on some fees

Used for: 1-2 years

Pierre Kozlov
Pierre Kozlov
Active25 reviews
5.0
in 11 days

Absolutely outstanding service!

This platform has transformed how I approach my finances. The automated features save me hours every month, and the returns have been consistently above my expectations. The team is clearly expert in their field.

Used for: 6-12 months

Thomas Johnson
Thomas Johnson
Contributor19 reviews
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