With more than 1.7 million traders and counting, Cointree is one of Australia’s most popular cryptocurrency exchanges.
Here’s how Cointree stacks up against our pertinent criteria.
- Security: Cointree claims to offer unrivaled security for Australian traders. It is a member of both the Australian Digital Commerce Association and Australian Transaction Reports and Analysis Centre (AUSTRAC), which ensures that the security and technology of Cointree is second-to-none. Sensitive user information is protected behind encrypted databases, funds are stored in a bulletproof hot/cold wallet setting, and requirements like 2FA withdrawals protect accounts from potential thieves.
- Markets: Users can trade over 100 cryptocurrencies on Cointree versus BTC and AUD. Markets have one-click buy/sell options alongside robust limit exchange orderbooks. With over 1.7 million traders there is plenty of activity to ensure Cointree markets maintain liquidity and users can buy and sell in any quantity at competitive prices.
- Fees: Fees are low across the board and decrease with trading volume. Coin-coin markets offer fees as low as 0.05%, and instant buy/sell options only go as high as 0.9% fees. There are no fees on deposits or withdrawals, whether placed in AUD or crypto.
- Usability: A key focus of Cointree is ease of access, and with one-click trading, it doesn’t get much simpler than that. Bank account linking makes deposits and withdrawals a breeze, and the comprehensive support and document suites cover any potential issues. If things do go awry, there is a live ticketing system where support staff will amend any problem as quickly as possible.
From every point-of-view, Cointree is a standout cryptocurrency exchange experience. Especially for first-time traders, Cointree is a go-to for Australians.