Is CoinSpot a Trustworthy Exchange? 

By
James Glennon
on
August 29, 2021
Is CoinSpot Trustworthy?

Is CoinSpot trustworthy to use?

Founded in 2013, CoinSpot is Australia's largest and most trusted cryptocurrency exchange with over 1 million active Aussie traders. The CoinSpot exchange is owned, operated and controlled by a legal Australian entity called Casey Block Services Pty Ltd (ABN 19 619 574 186).

CoinSpot is a trustworthy financial institution in Australia because they are regulated under the Australian Transaction Reports and Analysis Centre (AUSTRAC). This means that they are a licensed digital currency exchange.

Is CoinSpot Trustworthy

Who is the CoinSpot Founder?

Mr. Russell Wilson founded CoinSpot in 2013 after coming across Bitcoin in 2011. His professional background was in Software Engineering and Cybersecurity, which is reflected in the way he developed his exchange with security top of mind.

Is CoinSpot Safe?

CoinSpot is the only cryptocurrency exchange in Australia that has earned its ISO 270001 Certification for displaying robust data security practices. This was awarded by world-class auditors SCI Qual International who performed a sweeping audit over CoinSpot's security and found them to be well beyond satisfactory.

James Glennon

I spent 5 years as a Commercial Lawyer in Australia before stumbling across the innovations behind Bitcoin and the cryptocurrency space. Ever since, I have been committed to learning more and educating the broader Australian community about Bitcoin, hard money, investing and decentralized finance.

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