Compare CoinSpot vs LetsExchange
On this page, you can compare CoinSpot with LetsExchange. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. CoinSpot was founded in 2013 in Australia. LetsExchange was founded in 2020 in Seychelles.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is CoinSpot. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
CoinSpot is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinSpot has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
CoinSpot has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 21 user review | 14 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 21 user review | 14 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
Founding Date
| 2013 | 2020 |
Country
| Australia | Seychelles |
Type
| Centralized | Centralized |
Languages
| English | No data |
Mobile app
| iOS, Android | - |
Full address
| The exchange does not disclose its location | No data |
Fees
|
Trading Type Fee Market Orders 0.1% OTC 0.1% Instant Buy, Sell and Swap 1% Take Profit, Stop & Limit Orders 1% Recurring Buy 1% AUD Deposits/Withdrawals Type Fee POLi, PayID, Direct Deposits Free BPAY 0.9% Cash 2.5% Withdraw AUD Free Full fee schedule: https://www.coinspot.com.au/fees |
No data |
| About |
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2020 |
| Country | Country Australia | Country Seychelles |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages No data |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address The exchange does not disclose its location | Full address No data |
| Fees |
Fees
Trading Type Fee Market Orders 0.1% OTC 0.1% Instant Buy, Sell and Swap 1% Take Profit, Stop & Limit Orders 1% Recurring Buy 1% AUD Deposits/Withdrawals Type Fee POLi, PayID, Direct Deposits Free BPAY 0.9% Cash 2.5% Withdraw AUD Free Full fee schedule: https://www.coinspot.com.au/fees |
Fees No data |
Trading
CoinSpot trading volume is 0. The exchange has 500 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
LetsExchange trading volume is 0. The exchange has 40000 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 0 | 0 |
Pairs
| 500 | 40000 |
Coins
| 164 | 200 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Transaction Mining |
Margin
| - | - |
| Volume | Volume 0 | Volume 0 |
|---|---|---|
| Pairs | Pairs 500 | Pairs 40000 |
| Coins | Coins 164 | Coins 200 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | Fees Transaction Mining |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication - |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| www.coinspot.com.au | letsexchange.io |
| coinspotau | @letsexchange_io |
Number of followers
| 17200 | 6200 |
| Website | Website www.coinspot.com.au | Website letsexchange.io |
|---|---|---|
| Twitter coinspotau | Twitter @letsexchange_io | |
| Number of followers | Number of followers 17200 | Number of followers 6200 |
Rating
| User rating | 21 user review | 14 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
CoinSpot user rating is 3, based on 21 user reviews. LetsExchange user rating is 2.9, based on 14 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare CoinSpot with LetsExchange. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. CoinSpot was founded in 2013 in Australia. LetsExchange was founded in 2020 in Seychelles.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is CoinSpot. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
CoinSpot is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinSpot has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
CoinSpot has 1 language available, which is English.