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CoinSpot vs Digital Surge

CoinSpot and Digital Surge compared on what decides the bill for an Australian: the real cost of an AUD buy, whether there is an AUD book to trade against, and who you are contracting with.

Trade on CoinSpotcoinspot.com.au Trade on Digital Surgedigitalsurge.com.au Both links are affiliate links. They never change the ranking, the scores or the data on this page.
CoinSpot Melbourne · est 2013 · Brokerage + a 16-coin book
AUSTRAC + AFSLAll Coins In AUD1% Default Fee
Coindaily Score 76/100
coinspot.com.au CoinSpot homepage as served to Australian visitors
VS
Digital Surge Brisbane · est 2017 · Brokerage
AUSTRAC RegisteredPast Administration (2022)AU Brokerage
Coindaily Score 72/100
digitalsurge.com.au Digital Surge homepage as served to Australian visitors
66
Costwhy
76
CoinSpot · 66
  • 1% on Instant Buy, Sell and Swap, the route the interface pushes you to, with an undisclosed quote spread on top
  • 0.1% on Markets, but only 6 of the 16 advertised pairs come out cheaper than that 1% once the book is crossed
  • Where it works it works well: BTC and ETH land near 0.25% all in on a small order. Beyond a few thousand dollars the book runs out
Digital Surge · 76
  • Effective cost of the default route is about 0.50% (brokerage: the spread is the cost)
  • 58% of the cost facts on our digital-surge review read as favourable
22
Liquiditywhy
21
CoinSpot · 22
  • BTC/AUD is its deepest book and still held only A$127,000 of bids, 79% of it a single resting order
  • 9 of the 16 Markets pairs cost more to cross than CoinSpot's own 1% Instant fee; two cannot fill A$1,000 at all
  • 464 of its coins have no book whatsoever, only the price CoinSpot quotes you
Digital Surge · 21
  • No public order book to measure: this is a brokerage that quotes you a price
  • There is no depth behind a quote, only the platform's willingness to fill it
  • Global liquidity standing 38/100 from the Coindaily exchanges table
96
AUD accesswhy
60
CoinSpot · 96
  • Every listed coin has an AUD price - no conversion step anywhere
  • Five deposit rails: PayID, direct deposit, card, PayPal and cash over the counter
  • Free AUD withdrawal, same day if you beat the 2pm AEDT cut-off
Digital Surge · 60
  • No AUD order book, so every AUD trade routes through a conversion or a quote
  • 2 documented AUD deposit rails: PayID, OSKO
  • 71% of its money-in-and-out facts read as favourable
78
Trust & regulationwhy
45
CoinSpot · 78
  • AUSTRAC-registered since 2018; AFSL 562554 granted April 2026; ISO 27001 certified
  • Unqualified external statutory audits FY21 to FY23 confirming customer assets held 1:1
  • No Proof of Reserves, no audit published past FY23, and a ~A$2.4m hot wallet incident in November 2023
Digital Surge · 45
  • AUSTRAC-registered, and holds no AFSL
  • 42% of its custody and regulation facts read as favourable
  • Operating since 2017
90
Asset rangewhy
82
CoinSpot · 90
  • 480+ coins - the largest range of any Australian exchange
  • 9,000+ direct coin-to-coin swap pairings
  • Only 16 coins get the 0.1% rate; staking has been suspended since September 2023
Digital Surge · 82
  • 400 assets listed
  • 62% of its what-you-can-trade facts read as favourable
  • Not every listed asset is reachable in AUD
82
Features & supportwhy
87
CoinSpot · 82
  • Recurring buys, themed Bundles, an OTC desk from A$20,000 and a prepaid Mastercard
  • Four documented tax integrations (Koinly, Summ, Syla, CoinLedger) plus free EOFY statements
  • 24/7 Australian-based support, ~80% of tickets answered within an hour
Digital Surge · 87
  • 82% of its trading, support and tax facts read as favourable
  • Drawn from 24 sourced facts across three sections
  • Scored on what is documented, not on marketing claims
CoinSpot leads 4 of the 6 pillars. Scores are the desk's assessment of the evidence on this page, judged for an Australian buying in Australian dollars.
The Coindaily Score above ranks a venue globally: liquidity, cost and standing across every market it runs. The six pillars re-weight the same evidence for one specific job, an Australian funding an account in AUD. That is why a venue with a lower headline score can win pillars here. Full method on the exchanges table.

What a trade actually costs

Cost calculator

Three costs kept apart, because they are not the same thing: the published trading fee, the AUD conversion a venue with no AUD book forces on you, and the measured cost of crossing its order book. Click any route for the detail.

Scenario
RouteTrading feeAUD conversionCrossing the bookAll inOn A$1,000

Execution. Priced by quote. CoinSpot's buy/sell gap sits on top of the 1% and is not published as a rate, so the true all in is above the figure shown.

The default interface, and for most of CoinSpot's catalogue the only one. A flat 1% per trade, each way. CoinSpot does not disclose its Instant quote spread, so this figure is a floor rather than a ceiling.

Execution. Crosses the CoinSpot BTC/AUD book. It is thin and one-sided: at the last reading a single resting order was most of the sell side. Crossing costs more than the fee does.

The 0.1% is the fee alone, on 16 advertised pairs. Measured against CoinSpot's own 1% Instant Buy, only 6 of those pairs actually come out cheaper once you cross the book. This route works for BTC, ETH and a handful of majors, in small size.

Execution. Priced by quote, not a book. The margin is inside the rate you are shown.

A brokerage prices the spread into the quote, so the spread is the cost.

Execution. This platform publishes no route below its quoted price.

Where a platform runs a cheaper order book, it appears here. This one does not.

On A$1,000 bought and held, the lowest all in cost is CoinSpot · PayID → CoinSpot Markets at A$2.01, of which 0% is crossing the book, not fee. That is A$7.99 below the dearest default route, about 5.0× cheaper.

The books behind those numbers

Both sides of both public books, walked 26 July 2026. Top order is the share of that side held by a single resting order: depth that is one order can leave. Anything above 25% of visible depth is marked too big rather than given a price it would not get.
VenueDepthTop orderA$1kA$5kA$10kA$25kA$50kA$100k
CoinSpotbuying A$300k 33%0.101%0.101%0.101%0.146%0.209%too big
CoinSpotselling A$186k 54%0.102%0.112%0.114%0.115%too bigtoo big
Trading fees are the platforms' own published rates. Crossing costs are walked from the live order book. The AUD conversion is the one figure here we cannot verify from a public book, so it is modelled from the exchanges table and marked with a dotted underline; it is also the number that decides the Binance result, so treat it as an estimate rather than a quote. It applies only from an AUD start: if you already hold USDT, ignore that column and Binance's cheap route is 0.075%. Posting a limit order avoids the crossing cost at the price of an uncertain fill. Network fees are excluded, they depend on the chain rather than the venue.

Which CoinSpot pairs the 0.1% rate actually helps on

CoinSpot advertises a 0.1% fee on its Markets order book, against 1% on Instant Buy. The fee is real. The cost is the fee plus crossing the book, and on most of these pairs the book is barely there. Every pair below was walked on 26 July 2026 at a A$1,000 order.

6cheaper than Instant
9dearer than Instant
1no book
PairBuy A$1,000Sell A$1,000 Ask depthBid depthVerdict
USDT 0.17% 0.18% A$328k A$201k Cheaper than Instant
BTC 0.20% 0.20% A$311k A$188k Cheaper than Instant
SOL 0.36% 0.36% A$104k A$77k Cheaper than Instant
XRP 0.38% 0.38% A$111k A$248k Cheaper than Instant
ETH 0.44% 0.48% A$122k A$116k Cheaper than Instant
LTC 0.48% 0.49% A$43k A$32k Cheaper than Instant
TRX 1.85% 1.14% A$35k A$41k Dearer than Instant
DOGE 1.88% 1.88% A$58k A$66k Dearer than Instant
XLM 2.41% 2.41% A$38k A$48k Dearer than Instant
ADA 3.10% 3.10% A$122k A$63k Dearer than Instant
GAS 11.30% cannot fill A$19k A$565 Dearer than Instant
POWR 34.81% 11.13% A$1k A$10k Dearer than Instant
NEO 63.74% 25.76% A$3k A$2k Dearer than Instant
RHOC 168.50% 36.84% A$10k A$2k Dearer than Instant
EOS cannot fill cannot fill A$890 A$597 Dearer than Instant
RFOXno book No order book at all
Buy and sell costs are the measured cost of crossing that side plus the 0.1% Markets fee, so they compare like for like against the 1% Instant Buy fee. A pair marked cannot fill does not hold A$1,000 of resting orders on that side. Thin books move fast: these are a snapshot, and the illiquid pairs in particular will read differently hour to hour. The point is not the decimal, it is that most of these books are too small to trade against.

Which one is for you

Choose
CoinSpot
  • You are buying with Australian dollars and want a price in Australian dollars, with no conversion in between.
  • You want the widest AUD-priced catalogue in the country, 480+ coins, accepting that all but a handful are priced by quote rather than a book.
  • You want an Australian entity with an AFSL, ISO 27001 certification and published statutory audits.
  • You want an SMSF, company or trust account with EOFY statements your accountant already recognises.
But go in knowing
  • The 0.1% Markets fee is only a saving on 6 of the 16 pairs it is advertised on, once you cross the book.
  • Its deepest AUD book held under A$130,000 of bids, most of it a single order that can be withdrawn.
  • No Proof of Reserves, and the published audit has not moved past FY23.
Choose
Digital Surge
  • Chose repayment over liquidation after FTX - rare follow-through
  • Simple, clean AU brokerage with good rails
  • Wide asset range for a small venue
But go in knowing
  • 2022 administration is a permanent counterparty-risk lesson
  • Brokerage spreads around 0.5% each way
  • Smallest scale of the platforms listed here
The call

For an AUD buy, Digital Surge. Past that it depends on what you are doing.

These two are scored here for one job: an Australian funding an account in Australian dollars. The pillars above re-weight the same evidence for that reader, which is why they can disagree with the global Coindaily Score.

Buying with Australian dollars
Digital Surge
Its default route lands at about 0.5% all in, against 1% on CoinSpot.
You want to trade against AUD directly
CoinSpot
We could walk its live AUD book. Digital Surge has none, so AUD converts first.
You want the stronger regulatory standing
CoinSpot
Scores 78 against 45 on licensing, custody and enforcement history.
You want the widest asset menu
CoinSpot
Scores 90 against 82 on how much is listed and reachable.
Tooling, tax reporting and support
Digital Surge
Scores 87 against 82 across trading features, support and tax.
What would change it

Order book depth is the least stable figure on this page and the easiest to re-check: the measurements here are a single snapshot. Fees and licence conditions change too, so click through to a source on any row that matters to your decision.

Common questions

Is CoinSpot or Digital Surge cheaper in Australia?

On the default route each one puts in front of you, Digital Surge. It lands at about 0.5% all in against 1%. Those figures are the published fee plus, where the platform has no AUD order book, the cost of converting Australian dollars first. Where we could walk a live book, the measured cost of crossing it is included too.

Which has better execution, CoinSpot or Digital Surge?

CoinSpot is the only one of the two with a public AUD order book we could measure. It shows a 0.201% touch spread with A$299,943 of asks inside 1% of mid. Digital Surge gives an Australian no AUD book to execute against, so the price you get is a quote or the result of a conversion.

Which is more regulated, CoinSpot or Digital Surge?

Both are on the AUSTRAC register. On our trust pillar, which weighs licensing, custody, audits and enforcement history from the sourced facts on each review, CoinSpot scores 78 and Digital Surge scores 45. AUSTRAC registration is anti-money-laundering registration, not a financial services licence, and it says nothing about whether your balance is protected.

Which lists more assets, CoinSpot or Digital Surge?

CoinSpot scores 90 and Digital Surge scores 82 on asset range, which counts what is listed and weighs how much of it is actually reachable in Australian dollars. A large catalogue priced only against USDT is worth less to an Australian buyer than a smaller one priced in AUD.

Can I use both CoinSpot and Digital Surge?

Yes, and plenty of Australians do: one platform as the AUD door, the other as the trading venue. Moving crypto between them costs a network fee, so it is only worth the extra step if the fee gap covers it. Both report to AUSTRAC and the ATO's data matching program either way.

Every fact we hold, side by side

All 152 researched facts from the CoinSpot and Digital Surge reviews, grouped by the ten sections both pages share. Rows are shown as each platform documents them rather than forced into shared labels, so nothing is re-interpreted on the way here. Every row keeps its own source.

Section
CoinSpot
Digital Surge
What it costsTrading fees, subscriptions, deposits and withdrawals 8 vs 8 facts
Instant Buy, Sell and SwapThe default way to trade on CoinSpot, at a set price
1%Charged per trade, each way
CoinSpot Markets (order book)Peer-to-peer order book. The cheapest way to trade here, but only on the few pairs with a real book behind them
0.1% fee, 6 of 16 pairs beat InstantFlat rate, no maker/taker split
Stop loss, take profit, buy stop and buy limitConditional orders placed through Instant Buy/Sell, not Markets
1%Same rate as Instant
Recurring buyAutomated dollar cost averaging orders
1%Priced as an Instant trade
OTC deskLarge trades handled off the public order book
0.1%Minimum A$20,000 per trade
NFT marketplaceBuying or selling an NFT on CoinSpot's own marketplace
0.9% plus gasListing is free, creator royalties vary
AUD bank withdrawalCashing out to your Australian bank account
FreeNo minimum and no maximum
Crypto withdrawalSending coins to an external wallet
Variable network feeRate shown on each coin's send page
Standard trading feeThe rate you pay before any volume discount kicks in. It applies to buys, sells and swaps.
0.5%Digital Surge describes 0.5% as the standard rate for users who have not reached a higher volume tier
Best advertised trading feeThe floor of the volume-based schedule, reached only by high volume traders.
0.1%The headline "fees from 0.1%" on the fees page is the bottom tier, not the rate a new account pays
How the discount worksFees step down automatically based on your trading volume, with nothing to opt into.
Rolling 30-day volumeAutomated volume-based fees were introduced in January 2026 and apply to buys, sells, swaps, trigger orders and recurring buys
Crypto to crypto swapsWhether swapping one coin for another costs you two trades or one.
Single trading feeDigital Surge charges one fee on a swap rather than a sell plus a buy
AUD deposit feeWhat it costs to move Australian dollars onto the platform.
$0Free for both PayID and standard bank transfer
AUD withdrawal feeWhat it costs to move Australian dollars back to your bank.
$0Digital Surge states there are no fees on AUD withdrawals
Crypto withdrawal feesA flat per-asset fee charged when you send coins off the platform.
0.00003 BTC, 0.00013 ETH, 1 USDT, 0.01 SOL, 0.2 XRPPublished on a live fee table that Digital Surge notes is subject to change
Card depositsWhether you can fund with a debit or credit card, which usually carries a surcharge.
Not offeredFunding is bank transfer, PayID or crypto only, so there is no card surcharge to worry about
Limits and the costs that hideSpreads, deposit caps and charges that do not appear on a fee page 7 vs 8 facts
The Instant versus Markets gapTen times on the fee page. Once you cross the book it is about three times on BTC, and negative on most other pairs
Ten times on paperAbout three times in practice, on the majors
Bid/ask spread sits on top of the 1%CoinSpot quotes a buy price and a sell price, and the gap is yours to pay
Not disclosed as a rateWidens on low-liquidity coins
Card, Apple Pay and Google Pay depositsConvenience rails that carry a percentage charge
1.22%Capped at A$5,000 per 24 hours each
Cash depositPaying in over the counter through blueshyft newsagents
2.5%A$50 minimum, A$8,000 per 24 hours
PayPal in and outCheap to deposit, charged to withdraw
0.5% in, 2% outWithdrawal fee capped at A$1.25
Baseline deposit cap on new accountsLightly verified accounts are throttled until you upload a verification photo
A$10,000 per dayLifted on further verification
Markets orders can sit unfilledThe 0.1% rate depends on another CoinSpot customer taking the other side. Walking all 16 books on 26 July 2026, EOS and GAS could not fill a A$1,000 order on one or both sides
Two pairs could not fill A$1,000Verified against CoinSpot's public order book API
Fee tier tableThe volume thresholds that decide which fee you actually pay.
Not published publiclyThe help centre explains the mechanism but directs you to your own profile to see your current tier, so you cannot compare tiers before signing up
SpreadThe gap between the price you get and the market mid price. This is where brokerage-style platforms make quiet money.
Not quantifiedDigital Surge markets "tight spreads" and criticises rivals for hiding costs in spreads, but publishes no spread figure of its own
Crypto withdrawal fee is inclusiveHow the network fee is taken out of a send.
Deducted from the amount you enterEnter 0.05 BTC with a 0.00003 BTC fee and the destination receives 0.04997 BTC
Network fee mark-upWhether the withdrawal fee is the true chain cost or includes a margin.
Not disclosedDigital Surge shows the exact fee before you confirm but does not say whether it passes the network cost through at cost
Maximum single orderThe cap on one instant buy or sell.
Up to $100,000 AUD per transactionVaries by asset, and you can place as many instant orders as you like
Daily AUD limit, personal accountsHow much cash can move in or out of a personal account in a day.
$20,000 per dayApplies to both deposits and withdrawals
Daily AUD limit, corporate accountsThe higher cap for SMSF, business and trust accounts.
$50,000 per dayCovers SMSF, business and trust structures
Limit increase requestsThe rule that governs how often you can ask for more headroom.
One request per 30 daysYou can request either a limit increase or the enabling of crypto sends in a 30-day window, not both
What you can tradeAssets, Australian dollar pairs, staking and derivatives 8 vs 7 facts
Staking and EarnSuspended on regulatory grounds and still not back
Suspended since 1 September 2023Assets were returned to wallets
Not part of the current feature setDigital Surge previously ran an Earn product, but staking does not appear among its listed trading features today. Confirm with support before relying on it
Derivatives, margin and leverageCoinSpot's own product list is spot only
Not offeredBuy, sell, swap, Markets, OTC
Not offeredThe platform offers instant orders, trigger orders and recurring buys only
Total assets listedThe headline number, and the largest range of any Australian exchange
Over 480 coinsAll available via Instant Buy at 1%
Coins that get the 0.1% rateThe order book covers about 3% of the listed range, and the fee is only a saving where the book is deep enough to cross. We walked all 16 on 26 July 2026: only BTC, ETH, XRP, SOL, LTC and USDT came out cheaper than CoinSpot's own 1% Instant Buy on a A$1,000 order. ADA cost about 3.9%, DOGE 2.5%, RHOC far more. RFOX had no book at all.
16 advertised, 6 actually cheaper than InstantMeasured against the 1% Instant fee at A$1,000
Markets AUD pairs, verifiedCoinSpot's public API returns an order book for these and rejects everything else
BTC, ETH, XRP, SOL, ADA, DOGE, LTC, XLM, TRX, EOS, NEO, USDT, POWR, GAS, RFOX, RHOCPlus one BTC/USDT pair
Coin to coin swapDirect swaps between any two listed assets
9,000+ pairings at 1%Instant liquidity, no order book
OTC coverageWhich assets the high-volume desk will quote on
45+ coinsFully verified accounts only
NFT marketplaceAn in-house marketplace alongside the exchange
30+ collections0.9% per trade
Assets listedHow many coins you can buy, sell and swap.
400 plusDigital Surge advertises over 400 cryptocurrencies across its site and help centre
Australian dollar pairsWhether you trade directly against AUD or have to route through a stablecoin.
Direct AUD buy and sell on listed assetsBuying converts AUD to crypto and selling converts crypto back to AUD without an intermediate leg
Crypto to crypto swapsDirect coin-for-coin trades without cashing out to AUD.
SupportedCharged as one trade rather than two
Asset categoriesHow the listings are grouped for browsing.
AI, DeFi, gaming, Layer 1, meme, metaverse, NFT, RWACategory browsing is built into the platform
Fiat currencies acceptedWhich national currencies you can fund with.
Australian dollars onlyFunding is AUD via PayID or bank transfer, or a crypto transfer in
How your assets are heldCustody, reserves, insurance and self-custody 7 vs 8 facts
Proof of ReservesNo cryptographic Merkle-tree attestation you can verify yourself
Not publishedFinancial audit used instead
None publishedNo proof of reserves report or third party attestation appears on the security page or elsewhere on the site
Custody modelCoinSpot holds the private keys to coins in your account
Fully custodialYou hold an account balance, not keys
External statutory financial auditAn independent audit under Australian Auditing Standards
Unqualified opinion, FY21 to FY23Confirms customer assets held 1:1
Most recent audit publishedThe audit page has not moved past the FY23 result
FY23No FY24 or FY25 result in the help centre
ISO 27001 certificationFirst Australian exchange to be certified for information security
Certified, renewed to ISO 27001:2022Last documented renewal 30 June 2023
November 2023 hot wallet incidentAbout 1,283 ETH drained, attributed to a probable private key compromise
About A$2.4M lostNo customer losses reported
Self-custodyYou can withdraw to your own wallet and save addresses for reuse
SupportedAddress book for saved wallets
Who owns the coinsThe single most important line in the terms. It decides where you stand if the business fails.
Digital Surge holds legal titleThe terms state Digital Surge holds legal title to all fiat and digital assets it holds to your account
Segregation of client assetsWhether your holdings sit in an account identified as yours.
Not segregated per accountDigital Surge states account balances are not segregated on a per-account basis
Custodian statusWhether the platform holds itself out as a custodian or trustee for you.
Expressly not a custodianThe risk disclosure says Digital Surge does not provide custodial or fiduciary services and does not hold your digital assets for you or on your behalf
InsuranceWhether your holdings are covered by a policy if something goes wrong.
No insuranceDigital Surge tells users their digital assets are not insured and suggests they consider obtaining their own cover
Assurance FundAn internal pool intended to help cover a counterparty failure.
Exists, but is not insuranceHeld in Australian dollars, sized at Digital Surge's discretion from time to time, with no guarantee it will mitigate a loss
Storage modelHow the keys are actually managed day to day.
Majority cold storage, Fireblocks MPCA dual hot and cold wallet strategy with multi-party computation key management and annual external penetration testing
Self-custody withdrawalsWhether you can move coins to your own wallet.
Supported, fee per assetCrypto sends may need to be enabled on your account first, and that request counts against the one-per-30-days rule
Who can open an accountEntity types onboarded in Australia 6 vs 8 facts
IndividualStandard personal account with photo ID verification
YesDriver licence or passport
YesThe default account type
Joint accountsCoinSpot documents only three entity types and joint is not one
Not offeredIndividual, SMSF, business/trust
Not listedDigital Surge's account types article names personal, SMSF, trust and business only
Self-managed super fundA dedicated SMSF onboarding path with its own support team
YesTrust deed and trustee ID required
Company and trustBusiness and trust entities share one onboarding path
YesCertified trust documents or trust extract
Separate login per entityEach account type needs its own email address and password
RequiredAccounts are not linked
Australian residencyNon-residents who cannot supply Australian documents lose full functionality
Effectively requiredAUD withdrawals to Australian banks only
SMSFSelf-managed super funds investing in crypto through the fund.
YesA dedicated SMSF account type with its own onboarding path
TrustFamily and discretionary trusts trading in the trust's name.
YesSupports both individual and corporate trustees
Company or businessRegistered companies and organisations trading as a corporate entity.
YesRequires an ASIC company extract as part of verification
Minors and under 18sAccounts held for or by children.
Not listedNo minor or custodial account type appears in the supported list
SMSF paperworkWhat you need to hand over to get a fund account open.
Full trust deed, ABN, trustee proofDigital Surge states SMSF approvals are usually completed within 24 hours
Funding source ruleWhose bank account the money is allowed to come from.
Own name onlyThird party deposits are rejected and returned
Trading featuresOrder types, recurring buys, tooling and access 7 vs 8 facts
API accessPublic market data plus read-only keys for third-party tools
YesRead-only recommended for tax tools
Read-only API keysDocumented for connecting tax and portfolio tools rather than for algorithmic trading
Order book order typesLimit-style orders on the 16 Markets coins, including pegged orders
Market and pegged ordersPercentage offset and price limit
Conditional ordersAvailable on all coins, but priced through Instant at 1%
Stop loss, take profit, buy stop, buy limit1% per trade
Recurring buysDollar cost averaging, with matching recurring AUD deposits
YesCharged at 1% per buy
BundlesBuy a themed basket of coins in one transaction
YesPriced as Instant trades
OTC quoting hoursAutomated quotes run around the clock, manual quotes do not
Automated 24/7, manual 8am to 10pmQuotes expire after 1 minute
CoinSpot MastercardPrepaid debit card funded from your CoinSpot balance
Yes18+, verified account, app 2FA required
Instant ordersBuy or sell straight away at the best available price.
YesRouted through Digital Surge's smart routing rather than a public order book
Trigger ordersSet a price and let the platform execute when it is hit. Used for take profit and stop loss.
YesFunds are not locked while the trigger waits, and fees apply only to trades that actually fill
Recurring buys and DCAAutomatic scheduled purchases, the feature Digital Surge is best known for.
Yes, daily, weekly or monthlyCharged at the same volume-based trading fee as any other order
Limit orders on an order bookResting orders that add liquidity and usually earn a maker discount.
NoOnly instant orders, trigger orders and recurring buys exist, so there is no maker and taker distinction
Price alertsNotifications when an asset reaches a level you care about.
YesSet per asset and delivered automatically
ChartingThe quality of the price charts you get inside the app.
TradingView powered chartsListed as a feature of the mobile app
Demo or paper tradingA practice mode to learn on before risking real money.
Not offeredNo demo account appears in Digital Surge's trading features or education material
Money in and outMinimums, methods and settlement speed 8 vs 8 facts
PayID and direct depositThe free rails, and the only ones without a CoinSpot-imposed cap
Free, A$1 minimumInstant, no CoinSpot 24-hour limit
Card, Apple Pay and Google PayInstant but charged, with the tightest daily cap
1.22%, A$1 minimumA$5,000 per 24 hours each
Cash depositOver the counter at blueshyft-enabled newsagents
2.5%, A$50 minimumA$8,000 per 24 hours
PayPal depositInstant funding from a PayPal balance
0.5%, A$1 minimumA$10,000 per 24 hours
POLi is gonePOLi shut down in Australia and CoinSpot stopped accepting it
Discontinued 28 September 2023Outside CoinSpot's control
Current deposit methodsThe full list CoinSpot documents as at July 2026 - BPAY is not among them
Card, cash, direct deposit, PayID, PayPalPlus Apple Pay and Google Pay
AUD withdrawalFree to your own Australian bank account, no limits either way
FreeNo minimum or maximum
Withdrawal settlementSame-day processing if you beat the cut-off, otherwise next business day
Before 2pm AEDT weekdaysUp to two business days on weekends
PayID and Osko depositsThe fast rail for getting cash in.
Usually under 60 secondsSome banks may hold a first PayID deposit for up to 24 hours
Standard bank transferThe fallback if your bank does not do PayID.
1 to 2 business daysNear instant if your bank supports Osko or the New Payments Platform
Minimum depositThe smallest amount you can put in.
$20 AUDApplies to fiat deposits
Minimum AUD withdrawalThe smallest amount you can take out.
$20 AUDYour bank account links automatically after your first AUD deposit
AUD withdrawal speedHow long the cash takes to land back in your bank.
Instant on Osko and NPP banksUp to 24 hours where the bank does not support fast payments
First withdrawal delayA security hold applied the first time you cash out.
24 hour delayApplies to your first AUD withdrawal only
Cancelling a withdrawalWhether you can pull back a request after you send it.
Not possibleDigital Surge states withdrawals cannot be cancelled once submitted
Crypto depositsBringing coins in from an external wallet.
SupportedTiming depends on the blockchain network, and an AUD deposit is still needed to link your bank account
Tax and reportingWhat you get at tax time, and what you do not 7 vs 8 facts
EOFY statement and CSV exportDownloadable transaction records for your return or your accountant
FreeWeb and mobile app
Read-only API keysConnect tax software without granting trading or withdrawal rights
SupportedCoinSpot advises read-only
KoinlyGlobal crypto tax calculator with ATO myTax reports
Integrated30% off first plan with a CoinSpot code
Summ, formerly Crypto Tax CalculatorAustralian-owned software built to ATO guidelines
Integrated30% off paid plans
SylaAustralian tax software supporting individual, company, trust and SMSF
Integrated30% off first year
CoinLedgerA fourth documented tax integration
IntegratedStep-by-step guide provided
SMSF audit reportingRead-only API access for accountants and fund auditors
SupportedEOFY reporting for fund obligations
Capital gains reportWhether the platform itself works out what you owe.
Not produced in-platformDigital Surge relies on third party tax providers, and their full capital gains and income reports sit behind paid plans
Tax software integrationsWhich crypto tax tools you can connect to.
Koinly, Syla, Summ, CoinLedger, CoinTrackingConnect by read-only API key or CSV export. Summ was formerly Crypto Tax Calculator
EOFY prices statementA 30 June valuation of your holdings, useful for fund and company reporting.
Available to downloadDocumented as a standard end of financial year download
Transaction history exportThe raw data your accountant will ask for.
CSV, date range selectableAvailable alongside a downloadable account statement
BGL data sharingDirect feed into the SMSF administration software most Australian funds use.
SupportedA meaningful advantage for SMSF trustees over exchanges that require manual imports
Accountant accessLetting your adviser see the account without handing over your login.
Built-in data sharingCovers accountants and SMSF providers
Portfolio return trackingWhether the app shows realised as well as unrealised gains.
Both, and you choose the methodYou can set a preferred wallet return calculation
Australian tax guidancePlain English help on how the ATO treats crypto.
In-house guideCovers capital gains and treatment of staking rewards as income
Platform and supportApps, account security and how you reach a human 7 vs 8 facts
Two-factor authenticationApp-based codes recommended, SMS also supported
Authenticator app and SMSCloud sync advised off
Compulsory for all usersA second verification step is also required on withdrawals
AppsFull-featured mobile apps alongside the website
iOS and AndroidMarkets, OTC and orders on mobile
Support hoursLive chat and ticketing, staffed around the clock
24/7Australian-based team
Stated response timeCoinSpot's own published benchmark for ticket replies
About 80% within an hourLive chat or ticket
Extra account controlsLayered security settings beyond a password and 2FA
Anti-phishing phrase, geo-lock, phone phraseSet in the security menu
Withdrawal lockFreeze all AUD and coin withdrawals, with a deliberately slow unlock
YesAuthorisation photo required to re-enable
Withdrawal address allowlistAn address book saves wallets for convenience, but does not restrict sends to them
Address book, not a strict allowlistSaved favourites only
Mobile appsNative apps for phone trading.
iOS and AndroidThe iOS app is published by Digital Surge Pty Ltd and rated 4.1 from 423 ratings on the Australian store
Android appThe Google Play listing.
AvailablePublished under the package au.com.digitalsurge
Live chatThe fastest way to get a person.
365 days a yearAustralian-based team, with response times typically within a few minutes
Tickets and emailThe slower channel for anything that needs a paper trail.
24/7 ticket submissionAnswered by the same Australian support team
Phone and account managersWhether you can actually speak to someone.
Specialist appointments availableYou book a time with an account manager rather than calling a general hotline. The app listing also lists phone support
Withdrawal address controlsProtection against an attacker sending your coins somewhere new.
New addresses need email confirmation and 2FAYou can also restrict external transfers entirely, and accounts can be locked instantly if unauthorised access is detected
EducationLearning material for people new to crypto.
In-house guides hubBeginner guides on blockchain, research, strategy and portfolio diversification
Trust and regulationThe entity you are actually contracting with 8 vs 8 facts
Legal entityThe company behind the CoinSpot brand
Casey Block Services Pty Ltd, ABN 19 619 574 186Trading as CoinSpot
Digital Surge Pty Ltd, ACN 620 473 109ABN 89 620 473 109, an active Australian private company registered in Queensland since July 2017
AUSTRAC registrationRegistered virtual asset service provider under AML/CTF law
Registered since 8 May 2018AML/CTF obligations only
Registered, number 100576214Stated in Digital Surge's own terms and conditions
AFSL 562554Held by Casey Block Services and recorded on ASIC's licensee register
Granted 29 April 2026Registered address Windsor VIC 3181
What the AFSL actually coversASIC's licence conditions limit it to non-cash payment products - not crypto dealing
Non-cash payment products onlyGeneral advice and dealing, that scope only
Crypto trading itself is unlicensedCoinSpot's own terms state coins remain largely unregulated
No crypto-specific licenceNot covered by financial product protections
Incoming regimeA licensing regime for crypto asset services is being phased in
Digital Assets Framework, staged to 2027ASIC to oversee
Scale and baseMelbourne-based and the largest Australian exchange by customer count
3m+ customersFounded 2013
Travel RuleSender and recipient details are collected and shared on transfers
AppliesAUSTRAC-enforced
Australian Financial Services LicenceWhether the platform is licensed by ASIC to deal in financial products.
No AFSLThe terms state Digital Surge does not hold or operate under an AFSL and does not offer financial advice. AUSTRAC registration is an anti money laundering measure, not consumer protection
Voluntary administration, December 2022The event that matters most in this platform's history.
Administrators appointed 8 December 2022Digital Surge froze customer accounts from 16 November 2022 with roughly A$33m of customer-related assets trapped in the FTX collapse. About 22,000 to 22,500 customers were affected. KordaMentha was appointed administrator
Deed of company arrangementThe rescue deal creditors voted for instead of liquidation.
Approved January 2023, signed 15 February 2023Creditors voted it up with about 90% support, backed by a A$1.25m loan from related business Digico. The exchange resumed trading rather than being wound up
What customers actually got backThe recovery rate, which is the number that matters. Customers were not made whole.
Estimated 55% of claim value, plus the rest over five yearsATO class ruling CR 2024/50 records that the DOCA provided customers and unsecured trade creditors an estimated 55% of the AUD value of their claim as at 8 December 2022. Balances under A$250 were repaid in full. The remainder was to be paid from company profits over five years
Where the DOCA stands nowWhether the company is still under external administration.
DOCA terminated, claims moved to a Creditors' TrustOn termination Digital Surge was released from participating creditors' claims and each creditor became a beneficiary of a Creditors' Trust instead. The trading company is no longer in external administration
Ownership todayWho controls the business now.
Privately held, Australian owned and operatedBrisbane based and still run by its founders. It was not acquired or absorbed by a larger group after the administration
Checked on 26 July 2026. 9 facts happened to line up by name and are shown as single rows; the rest sit in each platform's own column. Hover a row: src opens the primary document, flags that platform's value as wrong.
VisitCoinSpotcoinspot.com.au VisitDigital Surgedigitalsurge.com.au
Registrations, licences, fees and product availability change. Check the current AUSTRAC Virtual Asset Service Provider Register and each platform's own disclosures before depositing. This page is general information only, not financial advice, and contains modelled figures where a platform does not publish a rate. Coindaily may earn a commission from links marked as such - it never changes the ranking or the data.

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