Coinspot Announces Deposits Overhaul

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Cryptocurrency trading platform, Coinspot, has announced major changes to deposit limits for its Australian clients.

POLi deposit limits have now increased to $10,000 AUD per day for all existing verified accounts.

New members will have a rolling deposit limit of $2,000 AUD per 24 hour period.

Once a new customer has deposited  $2,000, their limit will automatically be raised to $10,000 AUD after 7 days.

POLi has also been enabled on weekends allowing for 24/7 instant depositing

“There has been unprecedented demand for digital currencies in Australia this year and that has continued to accelerate during the last few months,” said Coinspost following recent changes to deposit limits.