Coinstash Review

Coinstash  is an AUSTRAC registered crypto exchange based in Australia. Through its live support 7 days a week, Coinstash has accumulated numerous positive reviews from its customers. Coinstash is also one of the only digital currency trading platforms that have participated in the Australian government Austrade’s landing pad program.

Coinstash was founded in 2017, and they have been focusing on providing a simple and convenient experience to their users since then. They also focus quite a lot on customer service and live support to help traders and investors solve their problems. Coinstash offers over 300 cryptocurrencies, the platform has several features, including an educational portal where beginners can learn how to gather and manage their crypto holdings.

The founders behind Coinstash Ting Wang and Mena Theodorou recently completed a $2.8 million crowdfunding raise in an effort to continue to scale their product.


  Over 350+ cryptocurrencies available

  Recurring buys

  Excellent customer support via live chat

  AUSTRAC Registered

  Intuitive user-interface

  Mobile App

  Staking available on several cryptocurrencies


  No crypto-to-crypto exchanges

  Limited AUD deposit options

Account Registration and Verification Process

Account registration and verification process steps as below

Step I - Visit Coinstash

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Step II - Click on SIGNUP.

Step III - Fill your detalis in to create an account.

Step IV - Once you fill in your details and click on Next, you will be presented with dashboard as below.

Step V - Click on Verify ID.

Step VI - Click on Start Verification.

Step VII -Verify your identity as below.

Step VIII - Congratulations!! you are now done with verifying ID.

Step IX - To receive free $10 BTC you just need to verify photo (Tier2 verification).

Step X - You can now deposit AUD to buy your favourite crypto.

The Wallet

Coinstash wallet is a simple, clean and easy to navigate. Left side shows the Crypto live price in AUD. Right side allows users to buy and sell their Crypto.

If you are buying or selling against AUD, this can also be selected. As you choose the amount of the selected cryptocurrency you want to trade, the wallet will display the amount required in AUD for the purchase. Simply click buy and pay with the payment mode of your choice.

Coinstash Earn

Coinstash  Earn is a way of rewarding you for your cryptocurrency holding on the Coinstash platform, enabling you to earn a rate of return on cryptocurrency. Coinstash Earn is an Australian solution to earn extra yield on crypto in the form of STASH, which can be redeemed for more crypto, trade fees, or to purchase exclusive merchandise from the Coinstash Rewards Store.

Not all cryptocurrencies can be staked hence Coinstash Earn allows you to earn a yield on crypto that cannot be staked, such as Bitcoin, USDC and more importantly, on an AUD-backed stablecoin.

More importantly Coinstash has partnered with TAU Pty Ltd to bring the Australian dollar stablecoin XAUD to the platform. Convert your AUD to XAUD and earn up to 6.03% p.a.* on your XAUD.

The STASH you earn on your crypto can be redeemed on the Coinstash platform for rewards such as Cryptocurrency, a range of physical goods (including Coinstash exclusive merchandise), or to reduce your trade fees on Coinstash. More rewards and redemption options will also become available soon.

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The Charts

Coinstash charting interface is smooth, intuitive and clean. Active traders will be able to use advanced trading tools provided by the TradingView charts to maximise profits and minise risk. The TradingView charts offer a wide range of time frames and are available against AUD and BTC pairs.

Coinstash Bundles

Coinstash has several Bundles that make it easier for users to diversify their crypto assets across a range of coins. There's a bundle for DeFi Coins, another for Meme Coins, and one for Metaverse tokens, rather than having to research what each coin is for, you can simply buy the whole bundle. When you buy a Bundle of coins, your money is spread across various different cryptocurrencies, saving you time as you don't need to purchase each one individually.

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Payment Methods and Fees

Coinstash  only accepts AUD deposits by bank transfer and PayID which is free of charge. Withdrawing AUD to your bank account is also free. The fees to trade on Coinstash are very competitive at 0.85% per transaction using their instant buy feature.

Coinstash Security

Coinstash is registered with AUSTRAC and treats security as the highest priority. Firstly, the platform uses SSO encryption as the base layer of security that is a highly regarded safety method in the industry and has been known to protect the data well in the past. Since their establishment in 2017, they have never encountered any security breach where customers' assets were at risk.

Apart from this, there is also a 2FA authentication method for security and confirmation. These safety mechanisms are a few steps ahead of some of the older platforms that are still using obsolete security mechanisms.

Is Coinstash Safe to Use ?

  Year Founded - Coinstash was founded in 2017, making it one of Australia's earliest cryptocurrency exchanges. Coinstash operate out of Brisbane, Australia under the entity name TWMT Pty Ltd (ABN 76 621 581 584).

  Regulation - Coinstash a secure cryptocurrency exchange that is licensed by the Australian Transaction Reports and Analysis Centre (AUSTRAC).

  Safety features - Coinstash utilises a 2-factor authentication (2FA) system requiring users to sign off on transactions through their smartphones. This provides an extra layer of security against computer viruses or attempts to hack your account.

Final Verdict

Coinstash  is one of the best platforms to use for trading digital currency or managing their holdings of crypto assets. Coinstash have been developed with Australians in mind. Many of the features, such as the supported payment methods, default currency, and customer approval, are heavily focused on Australia.

Overall, Coinstash is a top choice for buying, selling, or trading Bitcoin and other Crypto for AUD. Cheap rates and a splendidly simple interface is a bonous.

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