Based on checking the website, Coinstash.com.au appears to be a legitimate and established Australian cryptocurrency exchange, offering a platform for users to buy, sell, and trade a wide range of digital assets.

The site emphasizes its Australian ownership, regulatory compliance with AUSTRAC, and commitment to security, positioning itself as a reliable option for both new and experienced crypto investors in Australia.

It highlights a significant volume of traded assets and a growing user base, suggesting a notable presence in the Australian crypto market.

Coinstash aims to simplify crypto investing, providing access to over 1,000 cryptocurrencies, which is a considerable offering compared to many other exchanges.

The platform also boasts features designed for more advanced users, such as integrated DeFi trading, powerful analytical tools, and various order types.

0.0 0.0 out of 5 stars (based on 0 reviews) Excellent0% Very good0% Average0% Poor0% Terrible0% There are no reviews yet. Be the first one to write one. Your review Your overall rating Select a Rating5 Stars4 Stars3 Stars2 Stars1 Star Title of your review Your review Your name Your email This review is based on my own experience and is my genuine opinion. ​ Submit Review

Amazon.com: Check Amazon for Coinstash.com.au Reviews Latest Discussions & Reviews:

Their stated focus on security, including 1:1 asset reserves and partnerships with industry-leading custody solutions, is a critical factor for anyone considering a crypto exchange.

Find detailed reviews on Trustpilot Coinstash.com.au Reviews

Exploring Coinstash.com.au: A Deep Dive into its Offerings

Coinstash positions itself as a comprehensive solution for cryptocurrency trading in Australia.

Their website highlights a robust set of features designed to cater to a broad spectrum of users, from beginners making their first crypto purchase to seasoned traders executing complex strategies.

Let’s peel back the layers and examine what makes Coinstash tick.

Comprehensive Cryptocurrency Selection: Beyond the Basics

One of the standout claims on the Coinstash website is its extensive range of cryptocurrencies. They state access to over 1,000 cryptocurrencies, with new assets regularly added. This is a significant advantage for those looking to diversify their portfolio beyond the typical Bitcoin and Ethereum.

• Breadth of Assets: Many exchanges offer only a limited selection of major coins. Coinstash’s claim of 1,000+ assets suggests a commitment to providing access to a wider altcoin market, including trending DeFi coins.
• Trending & Top Lists: The homepage showcases “Trending Coins,” “Trending DeFi Coins,” “New Coin Listings,” and “Top CeFi Coins” Centralized Finance. This provides a quick snapshot of market activity and helps users discover new investment opportunities. For instance, the site specifically mentions:
  • BTC Bitcoin: ~$165,858 AUD
  • ETH Ethereum: ~$3,880 AUD
  • XRP Ripple: ~$3.55 AUD
  • LINK Chainlink: ~$23.55 AUD
  • LTC Litecoin: ~$146.38 AUD
  • And specific DeFi tokens like STETH Lido Staked Ether and WSTETH Wrapped stETH.

This broad selection is a major draw for users who want to explore various blockchain ecosystems and decentralized finance DeFi opportunities from a single platform.

Security Protocols and Asset Protection: Safeguarding Your Investments

In the volatile world of cryptocurrency, security is paramount.

Coinstash dedicates a significant portion of its website to detailing its security measures, aiming to instill confidence in its user base.

They explicitly state, “Safeguarding your funds is Coinstash’s number one priority.”

• Industry-Leading Security Practices: Coinstash claims to employ “industry-leading security practices,” designed to provide the highest level of protection. While specific technical details aren’t exhaustively laid out on the main page, the general statement implies a robust cybersecurity framework.
• Designed with Security & Encryption: The platform is “built to safeguard your assets with uncompromising protection,” featuring security and encryption at its core. This suggests that security isn’t an afterthought but an integral part of their system architecture.
• 1:1 Asset Reserves: A crucial point of assurance is Coinstash’s commitment to maintaining full currency reserves at all times. They explicitly state, “All customer funds are held 1:1 and available for withdrawal at any time.” This means that for every dollar or crypto unit a user holds on Coinstash, there’s an equivalent asset held by the exchange, minimizing the risk of insolvency. This is a critical factor, especially after notable exchange collapses in the past.
• Partnerships for Custody: Coinstash highlights partnerships with Fireblocks and Ledger Enterprise for asset custody. These are well-respected names in institutional digital asset security, indicating that Coinstash leverages third-party expertise for secure storage, rather than solely relying on in-house solutions. This multi-layered approach to security is a significant positive.
• Regulatory Compliance: Being AUSTRAC registered and audited in Australia provides an additional layer of trustworthiness. AUSTRAC Australian Transaction Reports and Analysis Centre is Australia’s financial intelligence agency, and registration indicates adherence to anti-money laundering AML and counter-terrorism financing CTF regulations.

These security assurances are vital for users entrusting their capital to a digital asset exchange.

The transparency around 1:1 reserves and external custody partners helps build a stronger case for Coinstash’s reliability.

Trading Tools and User Experience: Beyond Simple Buy & Sell

Coinstash appears to offer a range of trading tools beyond basic buy/sell functionality, aiming to cater to more sophisticated trading strategies and enhance the overall user experience.

The website describes “Powerful Trading Tools” and an intuitive platform.

• Recurring Buys: This feature allows users to automate their investment strategy, enabling dollar-cost averaging. This is particularly useful for long-term investors who want to consistently acquire crypto without actively monitoring the market.
• Bundles: While not explicitly detailed, “bundles” likely refer to pre-packaged baskets of cryptocurrencies, allowing users to invest in a diversified portfolio with a single transaction. This simplifies diversification for newer investors.
• Limit Orders: A staple for any serious trader, limit orders allow users to set a specific price at which they want to buy or sell an asset. This helps manage risk in volatile markets and execute trades at desired entry or exit points, rather than relying on market orders which execute at the current price.
• TradingView Charts: Coinstash integrates TradingView charts, which are widely regarded as industry-standard for cryptocurrency and financial market analysis. This provides users with advanced charting capabilities, technical indicators, and real-time data to make informed trading decisions. “Effortlessly track bitcoin price and other cryptocurrency movements” suggests a smooth user interface for these powerful tools.
• App & Desktop Access: The platform is accessible via both a mobile app and desktop, allowing users to manage their portfolios “on the go.” This flexibility is crucial for active traders who need constant access to the market.

The combination of automation features recurring buys, bundles and advanced trading tools limit orders, TradingView charts suggests Coinstash is designed to serve a spectrum of trading needs, from passive investing to active trading.

Australian Owned & Operated: Local Focus and Support

Coinstash heavily emphasizes its Australian roots, highlighting itself as an “Australian Owned & Operated” exchange.

This local focus can be a significant draw for Australian users, offering potential benefits in terms of customer support, regulatory alignment, and local market understanding.

• Local Support: The website states, “Have more questions? Speak with our friendly support team. Speak with our Experts.” While the specifics of their support channels phone, email, live chat aren’t immediately clear, the emphasis on a “friendly support team” implies accessible assistance for Australian users, potentially in local time zones.
• AUSTRAC Registration: As previously mentioned, being AUSTRAC registered ensures compliance with Australian financial regulations. This provides a level of legal protection and oversight that might be absent with international exchanges not specifically operating under Australian law.
• Partnerships and Brand Presence: Coinstash proudly declares itself the “Official Crypto Partner of the Sydney Roosters.” This kind of local partnership not only builds brand visibility but also reinforces its commitment to the Australian market and community. Such sponsorships often indicate a stable and reputable business.
• Understanding of Local Market: An Australian-owned exchange is more likely to understand the specific needs, payment methods, and regulatory nuances relevant to Australian investors. This can translate to a smoother user experience and more tailored services.
• Established Presence: Founded in 2017, Coinstash has been operating for several years, which is a considerable tenure in the relatively young crypto industry. This longevity further solidifies its position as a trusted and well-established platform in Australia.

The strong emphasis on its Australian identity and local operations is a key differentiator for Coinstash, potentially attracting users who prioritize domestic services and support.

User Base and Volume Traded: A Growing Ecosystem

The numbers presented on the Coinstash website suggest a significant and growing presence in the Australian crypto market.

These metrics often serve as indicators of an exchange’s liquidity and overall trustworthiness.

• $1.3B+ Volume Traded: This figure, likely representing total cumulative trading volume, indicates substantial activity on the platform. High trading volume generally means better liquidity, making it easier for users to buy and sell assets without significant price slippage.
• 45,000+ Users: A user base of over 45,000 individuals signifies a healthy and expanding community. A larger user base can contribute to better liquidity and a more vibrant trading environment. It also suggests that a considerable number of Australians have found the platform suitable for their crypto needs.
• 1,000+ 5 Star Reviews: While the source of these reviews isn’t specified e.g., Trustpilot, Google, internal, the claim of “1,000+ 5 Star Reviews” is a strong positive indicator of user satisfaction. Genuine positive reviews often reflect a good user experience, reliable service, and effective customer support.

These statistics collectively paint a picture of a well-utilized and appreciated platform.

The combination of high trading volume and a substantial, satisfied user base points towards a stable and reputable exchange within the Australian context.

Account Types and SMSF Services: Catering to Diverse Investors

Coinstash addresses the needs of various types of investors by offering different account structures, including services for Self-Managed Super Funds SMSFs. This expands its appeal beyond individual traders to more structured investment entities.

• Individual Accounts: The standard account type for personal crypto investing.
• Entity Accounts: Coinstash allows users to set up accounts for:
  • Trusts: For those managing assets through a trust structure.
  • Companies: For businesses looking to invest in or manage cryptocurrency.
  • Self-Managed Super Funds SMSFs: This is a significant offering. SMSFs are a popular retirement savings vehicle in Australia, and the ability to invest in crypto through an SMSF account on Coinstash simplifies compliance and asset management for trustees. The website explicitly mentions “SMSF investment services” and “tailored private client solutions,” indicating a dedicated approach to these more complex client needs.
• Market-Leading OTC Trading Desk: For high-volume traders or institutional clients, an Over-The-Counter OTC trading desk offers personalized execution and often better pricing for large transactions, bypassing the standard order books. This caters to a segment of the market with specific liquidity and privacy requirements.

By supporting a range of account types and specialized services like SMSF and OTC trading, Coinstash demonstrates its ambition to be a full-service crypto platform for a diverse clientele in Australia.

Award-Winning Platform and Future Vision: Industry Recognition

Coinstash highlights its “Award-Winning Digital Asset Trading” status, suggesting external recognition of its platform’s quality and offerings.

This, combined with their stated mission, provides insight into their long-term vision.

• Award Recognition: Being “recognised as the leading exchange for altcoin trading” and receiving awards indicates that Coinstash has garnered positive attention and validation from industry experts or user communities. While the specific awards aren’t detailed on the homepage, the claim itself adds to their credibility.
• Built by Investors, for Investors: This tagline encapsulates Coinstash’s philosophy. Founded in 2017 by investors, their mission has been “to bridge the gap between traditional finance and the world of cryptocurrency.” This suggests a platform designed with the user’s investment journey in mind, by people who understand the market from a user’s perspective.
• Mission to Bridge Traditional Finance and Crypto: This overarching mission indicates that Coinstash isn’t just about quick trades. it’s about making crypto more accessible and integrated into mainstream financial practices, aiming for long-term growth and adoption.

This combination of past achievements and a clear future vision helps to position Coinstash as a forward-thinking and reputable player in the Australian cryptocurrency market.

Frequently Asked Questions

Is Coinstash.com.au a legitimate cryptocurrency exchange?

Yes, based on looking at the website, Coinstash.com.au appears to be a legitimate and established Australian cryptocurrency exchange, having been founded in 2017 and registered with AUSTRAC.

What cryptocurrencies can I trade on Coinstash?

Coinstash offers access to a broad selection of over 1,000 cryptocurrencies, including major assets like Bitcoin BTC, Ethereum ETH, Ripple XRP, and Chainlink LINK, as well as a variety of altcoins and trending DeFi tokens.

How does Coinstash ensure the security of my assets?

Coinstash prioritizes security by maintaining 1:1 asset reserves, partnering with industry-leading custody solutions like Fireblocks and Ledger Enterprise, and employing robust security and encryption practices throughout its platform.

Is Coinstash regulated in Australia?

Yes, Coinstash.com.au is AUSTRAC registered and audited in Australia, meaning it complies with Australian financial intelligence regulations, including anti-money laundering AML and counter-terrorism financing CTF requirements.

What payment methods are accepted on Coinstash?

While specific payment methods aren’t explicitly detailed on the main page, Australian exchanges typically support methods like bank transfers e.g., PayID, Osko and sometimes credit/debit card deposits for AUD. Purevpn.com Reviews

Can I use Coinstash for my Self-Managed Super Fund SMSF?

Yes, Coinstash offers specific services for Self-Managed Super Funds SMSFs, allowing users to set up entity accounts for crypto investment through their SMSF.

Does Coinstash have a mobile app?

Yes, Coinstash states that its platform is available on “all platforms,” indicating both app and desktop access for managing your crypto portfolio on the go.

What trading tools does Coinstash offer?

Coinstash provides various trading tools, including recurring buys for automated investing, bundles for diversified portfolios, limit orders for specific price execution, and integrated TradingView charts for advanced analysis.

How many users does Coinstash have?

Based on the website, Coinstash serves over 45,000 users.

What is Coinstash’s trading volume?

Coinstash states that it has facilitated over $1.3 billion in traded volume. Fruugo.ae Reviews

Is Coinstash suitable for beginners?

While offering advanced tools, Coinstash promotes an “easy, intuitive crypto trading” experience, suggesting it aims to be user-friendly for beginners while also catering to experienced traders.

How do I get started with Coinstash?

Getting started with Coinstash involves signing up, confirming your email, and completing an identity verification process. Once verified, you can begin trading.

What is an OTC trading desk, and does Coinstash offer one?

An Over-The-Counter OTC trading desk facilitates large, private transactions directly between parties, bypassing public order books.

Coinstash mentions a “market-leading OTC trading desk” for institutional and high-volume clients.

Is Coinstash an award-winning platform?

Yes, Coinstash claims to be an “Award-Winning Digital Asset Trading” platform, recognized as a leading exchange for altcoin trading. Firstaidkitsaustralia.com.au Reviews

Does Coinstash offer customer support?

Yes, Coinstash encourages users to “Speak with our friendly support team” and “Speak with our Experts” for any questions.

Can I set up a company or trust account on Coinstash?

Yes, in addition to individual and SMSF accounts, Coinstash allows users to set up accounts for trusts and companies.

How long has Coinstash been operating?

Coinstash was founded in 2017, making it one of the more established cryptocurrency exchange platforms in Australia.

What is Coinstash’s mission?

Coinstash’s mission, as stated on their website, is to “bridge the gap between traditional finance and the world of cryptocurrency,” built by investors, for investors.

Are my funds available for withdrawal at any time on Coinstash?

Yes, Coinstash asserts that all customer funds are held 1:1 and are “available for withdrawal at any time,” reinforcing their commitment to liquidity and user access. Dumbomoving.com Reviews

Does Coinstash list new coins regularly?

Yes, Coinstash states that new assets are “added regularly” to its selection of over 1,000 cryptocurrencies, aiming to keep users ahead of the market.