Where To Buy Crypto
Coinspot
Coinspot is an Australian cryptocurrency exchange platform which was founded in 2014 and is one of the leading places to purchase crypto in Australia. As an ISO Security Accredited Crypto exchange they are highly secure and also have a broad and diverse range of cryptocurrency options to purchase.
With Know Your Customer (KYC) and Anti Money Laundering (AML) requirements becoming the norm in Crypto, providing personal details including Drivers Licence or Passport details is typically required, there are other bigger and well known exchanges overseas, but they come with the risk of not knowing who is handling your sensitive information and where that data is being kept. As Coinspot is an Australian registered organisation, you can have some comfort that your personal information is safe.
Along with the crypto heavyweights of Bitcoin, Ethereum, Litecoin, Ripple and Cardano, there have approximately 230 digital currencies to buy, sell and swap. Coinspot are quite a unique exchange, in that they make it quite easy to convert one crypto into another, without having to sell to an intermediate currency. Most exchanges will require you to sell your tokens to either fiat (local currency), or BTC or ETH, and then use that currency to purchase your next token, which can end up being quite costly when it comes to network fees. Coinspot has a simple and intuitive interface, making it very easy to transact for both beginners and experts alike. For those of us who want to have exposure to the cryptocurrency market, are mindful of privacy and security, and also want access to Australian support CoinSpot is a great fit.
If you click the referral link below and register, you are entitled to a 15minute complimentary consultation with one of our Cryptocurrency Consultants.
Binance
Binance is the leading Cryptocurrency exchange globally in terms of trading volume, liquidity and also range of tokens. Binance was founded in 2017 initially in China, but then moved headquarters to Japan and now has its headquarters in Malta, which is a crypto friendly nation. Binance has an average daily volume of $2BN USD, processes over 1.4M transactions per second and has over 325 coins available to buy, sell and trade. Regulations are constantly changing, but Binance have options where you can trade cryptocurrencies without too much identity verification requirements, you are limited with how much you can deposit, trade and withdraw but for those of you who are hesitant to give away too much information initially it could be a good option.
Binance customers are able to deposit a broad range of Fiat options (local currency), most importantly for Australians they can receive AUD. You can also deposit a range of Cryptos and transfer funds from a range of payment processors.
Binance has a bit of a learning curve to buy and sell cryptocurrencies, but their interface is clean and sophisticated, with a wealth of information at your disposal.
Where Binance really excels is their different products they can offer, the ability to earn interest on your cryptocurrency that you are holding, rather than having it sitting in your wallet, you can put your investment to work. They have Finance, Derivatives, Futures and Leverage options. Binance is an excellent all round cryptocurrency platform for the beginner and expert cryptocurrency enthusiast.
Click on the link below for 5% off your trading commissions with Binance.
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