Coinspot is a popular cryptocurrency platform in Australia. It offers about 200 cryptocurrencies to investors and it allows them to buy and sell these coins with just a click. Cryptocurrency investing is now made easy because of Coinspot’s user-friendly website. Investors need not be tech-savvy to create an account.
Now, you may be wondering what are the qualifications or requirements when you make an account with Coinspot. A lot of new investors ask this question. If you don’t have experience trading or investing in cryptocurrencies yet, don’t worry. We’re here to satisfy your curiosity. Is Coinspot Australia hard to join? Let’s take a look at some crucial processes when you’re opening your account.
How to join Coinspot Australia?
To join Coinspot Australia, you have three steps to follow: register, deposit, then start trading. The registration process is basically the most challenging step among the three. This is where you need to provide personal details in order to join the platform.
The registration process
The registration process is an easy task if you have all the requirements. Once you are on Coinspot’s website, you need to provide a working email address. It only becomes challenging to join this platform if you don’t have an email yet. But who doesn’t have one in this digital age?
After providing your email address, you have to come up with a strong passport to continue with the process. Coinspot requires the passport to have at least 10 characters for safety. After that, you will be redirected to a page to complete the verification process.
Verification comes after you provide your email address and password. When you are on the verification stage, you will be asked to prepare your driver’s license which can be verified in an instant. You have to upload your ID so Coinspot can approve your profile as early as possible.
The deposit process
After registration and verification, the next thing you have to do is to deposit money in your account so you can start trading crypto. Coinspot allows debit/credit cards and other online payment gateways to be used by investors when depositing. If you have these, you can easily start your trading journey.
The trading process
This is where everything gets technical since you will start choosing where to put your money and read charts. But that’s a different topic to talk about. What Coinspot can give you is the easiest way to start buying or selling crypto. On the platform, you will see buttons that you can instantly click. Once you have successfully clicked the buttons, your transactions will be recorded and you will see crypto in your wallet.
So, is Coinspot Australia hard to join?
Not really, as long as you have your driver’s license and cards for deposits, you can easily join the craze and invest in cryptocurrencies for as long as you want. Just be mindful of what you need–a working email address, a strong passport, driver’s license, debit/credit cards or online payment, and enough money to start trading crypto. If you have them all, you don’t have to worry about joining Coinspot Australia.