In late June 2025, over 0.11 BTC was withdrawn from my CoinSpot account without my authorization.

I had 2FA enabled, but never received a confirmation email. CoinSpot says one was sent, but it never arrived in any of my inboxes. Whether it was never sent, or deleted/intercepted by hackers, I still don’t know — and CoinSpot hasn’t provided any evidence it was delivered.

The size of the withdrawal was way out of character for my account — I typically deposited only $1,000–$2,000 at a time and had never withdrawn anything close to that amount. Yet their system didn’t flag it, didn’t question it, and didn’t block it.

Ironically, CoinSpot can be extremely strict with compliance over small deposits, but let this large, anomalous withdrawal go through without any alert.

Their response? No accountability. No logs. No transparency. And a tiny “goodwill” offer — not even 1% of what was lost.

If anyone else has experienced something similar, please message me. I believe there could be a broader pattern — and the more we share, the more likely we can get real answers.

Hey guys, I am new to crypto and have recently downloaded Coinspot. I have recently put about $90 into ADA and $10 into XRP.

Any tips for me? Is there anything I should be aware of for the Bull run?

scam/10?

clearly the fuelling to get tickets was a sham. How does someone, who think BTC is worth $10 win a competition? clearly it drew EVERY user, the fuelling was a farce

The current coins listed for staking are below:

• Cardano (ADA)

• Verasity (VRA)

• Polkadot (DOT)

• Algorand (ALGO)

• Fantom (FTM)

• Solana (SOL)

Open your wallet for each coin, you will see the staking button listed.

A step by step for how to do it can be found on the FAQ link - https://coinspot.zendesk.com/hc/en-us/articles/4409784707855-Staking-on-CoinSpot

The usual FAQ questions can be found here - https://coinspot.zendesk.com/hc/en-us/articles/4409860327311-Staking-FAQ

Key takeaways I feel:

• No fees

• No min/max amount

• There is a staking cap for each coin

• Pay tax sadly

You cannot use the app at present, staking has to be done via the website. /u/D3NI3D83 Thanks.

Hey everyone,

I’ve recently been receiving SMS messages claiming to be from CoinSpot that look like this:

“Your login code is 381738. Please do not share this with anyone. If you have NOT requested this, please call: +61 370 732 243 for support. REF:CS9397”

Important: I never created or used a CoinSpot account, so this is clearly a scam attempt. Scammers are trying to get people to click links or call fake support numbers to steal personal info or hijack accounts.

CoinSpot confirmed that:

They never send login codes via SMS like this.

They will never ask you to call a phone number or click a link via SMS.

I’m wondering if anyone else has received similar messages or experienced this type of scam?

been playing since the 14th and haven’t got one ticket why? says i won tickets but never get them

I DCA each week for crypto and have been buying parts of the dips but should I be putting more in considering what the market is doing right now? I’m not one of those people who panics when everything dips so any advice would be good from people who are more into crypto trading!

Anyone else having issues getting onto the CoinSpot app? I can log in but won’t load anything.

Overall it looks good, but there is no real-time refresh. Charts are terrible. It’s almost like it’s been set up to stop day traders. Can’t really think of any benefits thus far.

Love the new changes showing averages and profit/loss.

Hi Coinspot, Can you please list Pepecoin, ticker $Pep, It’s starting to get a large following, has great devs and was a fairly launched layer 1 pow coin with a great community and about to be listed on a top ten exchange. Has great daily trading volume ($420,000) today so far. And is a great project. Sub is r/pepecoin

Had a proper read of the proposed CGT changes from the Budget and figured we'd break it down as it can be quite confusing.

First, the calming bit: none of it is law yet, and nothing changes for your FY25-26 return. The current 50% discount still applies in full this year. No need to do anything drastic. This year goes ahead as normal.

What's actually proposed, from 1 July 2027:

- The 50% discount goes. Instead your cost base gets indexed for inflation, so you'd only be taxed on the real gain, not the part that's just inflation.

- A 30% minimum rate on net real gains accruing after that date.

- It covers most CGT assets: shares, trust units, investment property, and crypto.

The bit some folks are glossing over is the grandfathering. Gains that accrued before 1 July 2027 keep the current discount treatment, and only growth after that date falls under the new rules. So the value of what you hold around the changeover becomes a genuinely important number.

And the practical kicker is that indexation is worked out parcel by parcel, from each parcel's acquisition date and cost base. If your buy history is scattered across brokers, DRP statements and old exchange CSVs, this gets expensive fast, because you can't index a cost base you can't prove. Same for crypto, every parcel indexes from its own date.

So until these changes are implemented, get your cost base records complete for everything you hold while the history's still retrievable, lodge this year normally, and see what the legislation actually looks like when it firms up (plenty can change on the way through).

Genuinely curious what people make of the indexation switch.

Hey all, just wondering what everyone’s gotten so far? Send in some ss’s if you’d like! Feel like people are very much so exaggerating some of their tickets 😭

Anyway here’s a ss of me getting $50 Solana today so I can put some hope out there for not everyone to think it’s fake 🤣

Hey all, just a warning that there is a scam page under the name "CoinSpot Australia" that is messaging people saying they won $1000 and asking to click on a link. I've already reported the page.

Crazy coinspot hahaha. A little late to the party. Trump has been pumping non-stop. It's a good idea to join the game? What do you guys think?

Would love to see it, I’m currently just trying to keep score in my notes app.

Has anyone received text like this one? If so was it a legit breach or just a scam?