Thinking about signing up to CoinSpot in 2023? Before you do, make sure you use this Coinspot Referral Code: HWHPXV. You'll get a bonus $10 worth of Bitcoin when you sign up and make your first deposit thanks to CoinSpot's refer a friend program.
Here is how to use the referral code and take advantage of the Coinspot bonus:
CoinSpot Referral Code – Get a $10 Bonus
Use the referral code HWHPXV or this coinspot referral link to get $1 0 worth of Bitcoin when you sign up for CoinSpot and make a deposit. This is only for new members, so if you already have a coinspot account unfortunately you can't use this promo code.
How to Claim your Coinspot Bonus
|💵 Bonus Amount||$10|
|💳 Deposit Required||$1|
|⏰ Expiry Date||No Expiry Date|
|✅ Referral Code||HWHPXV|
Here's how to claim your free $10 worth of Bitcoin:
- Create a CoinSpot account here
- Enter the coinspot referral code: HWHPXV
- Make a deposit!
That's it. I'm not sure how long CoinSpot will keep this referral bonus around, so if you've been thinking about signing up I would do it sooner rather than later.
CoinSpot is the Australian crypto exchange that I recommend and use myself. They have some of the cheapest fees, a huge range of cryptos and have super fast withdrawals. Make sure you check out my more detailed CoinSpot review here.
CoinSpot Bonus FAQ
How much do I need to deposit?
You need to deposit at least $1 AUD to Coinspot
Do I need to verify my identity?
Yes, in order to make AUD deposits you'll need to verify your identity. If you've signed up to an exchange before, then you'll be very familiar with this process. It's fast and pretty much painless.
Can I withdraw or sell the bonus?
Yes! You can sell the Bitcoin back to Australian dollars or do the smart thing and Hodl it for the long term gains (Bitcoin has been my number one investment over the last 5 years….by a long way).
Is Coinbase or Coinspot Better?
Coinbase in Australia has much higher fees so it doesn't work to be a good deal. Coinbase Australia also doesn't support selling crypto. CoinSpot is a much better option in Australia.
Is Coinspot or Binance Better?
Both CoinSpot and Binance have similar fees. Personally I prefer to use CoinSpot's interface. Binance is not an Australian owned exchange (it's ownership structure or location is unknown). CoinSpot is a local Australian exchange.
How can I get $10 free on Coinspot?
Make sure you sign up to CoinSpot using a referral code. You'll get $10 free worth of Bitcoin when you make your first deposit.
What is CoinSpot?
CoinSpot is a popular Australian crypto exchange and I've been using them for the past few years to invest in Bitcoin and other altcoins. They make it easy to buy various cryptocurrencies in Australia. As well as being able to buy and sell Bitcoin, you can also trade a number of popular alt coins including Ethereum, Cardano, Solana and many more.
Why I Use CoinSpot
Here is why I use CoinSpot over other Australian crypto exchanges.
When places market orders, CoinSpot charges a fee of just 0.10%. This is pretty much the lowest fee of any Australian crypto exchange. If you've been buying crypto through Coinbase (using a credit card), you've been getting ripped off by huge fees.
You can buy crypto using PayID (OSKO) on CoinSpot. These transfers are usually instant so you can deposit and buy within seconds to take advantage of current market conditions. You can also deposit using BPay, POLi or even cash.
Huge range of Cryptos
CoinSpot has by far the largest range of cryptos in Australia. All of the major coins like Bitcoin, Ethereum, Ripple, etc are supported. But you can also invest in up and coming cryptos like Avalanche, Fantom, Solana and many many more. CoinSpot adds new cryptos on a regular basis.
While there are many exchanges available in Australia, there aren't many that I trust. CoinSpot has been around since 2013 and since then have built a solid reputation as Australia's leading exchange. CoinSpot has an exemplary security record and have solid protections in place. It's also worth noting that CoinSpot is based and run out of Australia.
Sells are Supported
On Coinbase, Australians can buy crypto, but they are unable to sell it back to Australian dollars. This has left many people stuck holding crypto that is difficult to liquidate. On CoinSpot you can both buy and sell.
CoinSpot Earn (Staking)
CoinSpot supports Staking a number of cryptos. These include Fantom, Avalance and Luna. The Staking interface on CoinSpot is super simple and I've found it much easier to use compared to Crypto.com and Binance staking.
On Coinspot you can send various cryptos using popular DeFi chains like Polygon, Fantom and Binance Smart Chain. So if you're looking to invest money in DeFi apps, CoinSpot is the perfect place to buy crypto using AUD to send over these chains.