Coinstash is AUSTRAC registered, operates under a wholesale AFSL (Australian Financial Services Licence), partners with Fireblocks and Ledger Enterprise for institutional-grade custody, and maintains 1:1 customer reserves. The platform is audited annually by Hall Chadwick, an Australian accounting firm. Operating since 2017 with no reported security incidents.

How many coins does Coinstash have?

Coinstash supports over 1,100 cryptocurrencies, the largest selection of any Australian exchange. It includes 17 of the top 20 by market cap, plus extensive altcoin and DeFi token coverage. Through its DeFi Connector feature, users gain access to additional tokens across 10 blockchain networks.

What are Coinstash's fees?

Coinstash uses a tiered fee model starting at 0.85% for the base level and reducing to as low as 0% at the top tier based on trading volume and membership status. AUD deposits and withdrawals via PayID and bank transfer are free and instant. Crypto withdrawals incur network fees only.

What is the Coinstash DeFi Connector?

The DeFi Connector is Coinstash's aggregator that lets users buy and sell decentralised finance tokens directly within the platform without manually bridging assets or switching chains. It supports 10+ blockchains including Ethereum, Solana, Base, Arbitrum, and Optimism, and reportedly executes around 10–20× faster than MetaMask.

Does Coinstash support SMSFs?

Yes. Coinstash supports SMSF accounts with same-day onboarding, dedicated account management, tax reporting integrations, and EOFY reports formatted for Australian super fund compliance. The platform has supported SMSF crypto investing since 2017.

Coinstash Review Australia 2026 · 1,100+ Coins, DeFi Connector & Fees

The verdict in 30 seconds

Coinstash is the right answer for one question: "what's the widest coin selection on a regulated Australian exchange?" With 1,100+ assets and a DeFi Connector reaching another 500+ tokens, it beats CoinSpot (490+) and Swyftx (440+) by a wide margin. The 0.85% base fee is mid-pack, the AFSL licence is a real regulatory plus, and Hall Chadwick audits the books annually. The downside: smaller user base (~50k) and a younger operating history mean less battle-tested infrastructure than the legacy exchanges.

4.0/ 5

Visit Coinstash →

What is Coinstash?

Coinstash is an Australian crypto exchange founded in Brisbane in 2017 by Ting Wang and Mena Theodorou. Operated by TWMT Pty Ltd, it serves approximately 50,000 Australian customers and has processed over A$700 million in transaction volume. The platform is registered with AUSTRAC as a Digital Currency Exchange provider and holds a wholesale Australian Financial Services Licence (AFSL) via Brindabella Investment Group Pty Ltd (AFSL No. 510735).

Coinstash's positioning is "boutique" — smaller than the legacy giants but designed for users who want broader asset choice, modern UX, and direct DeFi access without leaving a regulated platform.

Coinstash dashboard showing portfolio overview and asset list — The Coinstash dashboard — portfolio and asset list

Coinstash fees explained

Coinstash uses a tiered membership fee model. Most users sit on the base tier, with reductions available as you trade more volume or move through membership levels.

Trading fees

Tier	Trading fee	Notes
Base	0.85%	Default for new accounts
Standard active	0.60%	Most retail traders
Mid-tier membership	0.30%	Volume-based
Top-tier	0% (some pairs)	High-volume or premium status

The exact criteria for reaching lower tiers aren't always published transparently, which is a minor frustration. Most users should expect to pay 0.6–0.85%.

DeFi Connector fees

When using the DeFi Connector to trade exotic tokens, the platform aggregates the best route and gas fees in real-time. You pay:

Network gas fees (passed through, varies by chain)
A small Coinstash service fee on top

Total cost is typically lower than doing the same trade manually via MetaMask + bridge, because Coinstash optimises the route. The exact markup varies by token and liquidity.

Other fees

Item	Cost	Notes
AUD deposit (PayID)	Free, instant	Recommended
AUD deposit (bank transfer)	Free	1–2 business days
AUD deposit (Osko)	Free, instant
AUD withdrawal	Free, instant	Via NPP
Crypto withdrawal	Network fee	Varies by coin
Card deposits	Not supported	Bank methods only
Withdrawal limit	$100,000/day	Higher than many competitors

Coins supported — the unique selling point

Coinstash supports 1,100+ cryptocurrencies, the largest selection of any AUSTRAC-registered Australian exchange. The platform claims to list 17 of the top 20 cryptocurrencies by market cap directly, with a few notable omissions (Lido Staked ETH, Wrapped Bitcoin, USDS).

Categories well-represented:

All major Layer-1 blockchains (BTC, ETH, SOL, AVAX, ADA)
Layer-2 tokens (Arbitrum, Optimism, Base, Polygon)
DeFi tokens (UNI, AAVE, COMP, MKR, etc.)
Memecoins (DOGE, SHIB, PEPE, BONK, WIF)
Stablecoins (USDT, USDC, DAI)
AI and gaming tokens (FET, RNDR, IMX, GALA)

Coinstash coin browser showing the 1,100+ cryptocurrencies available — Coinstash's coin browser — 1,100+ assets, the widest selection in Australia

The DeFi Connector — the other unique feature

Launched in 2022, the DeFi Connector is what really distinguishes Coinstash. It's an in-app aggregator that lets you trade DeFi tokens across 10+ blockchains without:

Manually setting up a self-custody wallet
Bridging assets between chains
Searching for the best gas fees
Holding native tokens for gas (the Connector handles this)

Supported chains:

Ethereum mainnet
Solana
Binance Chain (BSC)
Avalanche
Base
Arbitrum
Optimism
Fantom
Polygon
Plus others added regularly

This adds another 500+ tokens to your reachable universe through one regulated interface. For users who want DeFi exposure without the self-custody learning curve, it's genuinely useful. The trade-off: you're trusting Coinstash with custody of these tokens rather than holding the keys yourself.

Security & trust

Coinstash's security and compliance posture is solid, though not quite at the level of CoinSpot or Independent Reserve:

AUSTRAC registered as a Digital Currency Exchange
Wholesale AFSL holder via Brindabella Investment Group (AFSL No. 510735) — provides ASIC oversight
Annual independent audits by Hall Chadwick, an established Australian accounting firm
Fireblocks partnership for institutional-grade custody (same provider as Swyftx)
Ledger Enterprise integration for additional asset protection
1:1 customer reserves maintained at all times
Two-factor authentication (2FA) required for sensitive actions
Operating since 2017 with no reported security incidents

Compared to CoinSpot, the gaps are: no ISO 27001 certification disclosed, and no Mazars-style proof-of-reserves attestation. The Hall Chadwick audit is an annual financial audit, which is meaningful but different from a real-time PoR.

User experience

Coinstash's interface is clean and modern. The platform offers:

Web and mobile apps for iOS and Android
TradingView-powered charts with technical indicators
Limit orders and recurring purchases
Crypto Bundles for instant diversification (basket buys)
STASH Points loyalty program

Customer feedback (Trustpilot 4.6/5 from ~2,150 reviews, App Store reviews positive overall) skews positive. The platform does receive occasional complaints about account verification delays and slow live chat responses during peak periods — consistent with a smaller team than CoinSpot's.

Tax reporting (ATO)

Coinstash reports to the ATO under the Designated Service Provider regime. Tax features:

Downloadable transaction history and EOFY reports
Tax app integrations (Koinly, CryptoTaxCalculator)
SMSF-specific reports

SMSF support

Coinstash has supported SMSF crypto investing since 2017 and offers:

Same-day SMSF account onboarding
One-on-one onboarding consultations
Dedicated account management
Compliance with ATO SMSF crypto guidance

Not as polished as Independent Reserve's KPMG-powered offering, but viable for SMSFs that want broader coin selection — including DeFi exposure — than Independent Reserve allows.

Pros & cons

Pros

Australia's largest coin selection: 1,100+ assets
DeFi Connector for 500+ additional tokens across 10 chains
AUSTRAC registered + wholesale AFSL backing
Annual Hall Chadwick audits
Fireblocks + Ledger Enterprise custody
Free, instant PayID/Osko deposits and withdrawals
SMSF accounts since 2017
Crypto Bundles and STASH Points loyalty program
OTC desk for trades over $20,000
High Trustpilot rating (4.6/5)

Cons

0.85% base fee is mid-pack, not cheapest
Fee tier criteria not always transparent
Smaller user base (~50k) means less battle-tested
No ISO 27001 certification disclosed
No proof-of-reserves attestation
Live chat support quality varies during peak times
No card deposits
Newer platform (founded 2017) vs legacy competitors
Only available to Australian residents

How Coinstash compares

Feature	Coinstash	CoinSpot	Swyftx
Coins (direct)	1,100+	490+	440+
DeFi access	Native Connector	No	No
Base fee	0.85%	1% / 0.1%	0.6% + spread
AFSL backing	Wholesale via Brindabella	No	No
ISO 27001	Not disclosed	Yes	Yes
Operating since	2017	2013	2017
Users	~50k	3M+	800k+
Best for	Altcoin variety, DeFi	All-round	Mobile-first beginners

Who should use Coinstash?

Coinstash is a great choice if you:

Want the widest selection of coins available on a regulated Australian platform
Want DeFi token exposure without managing self-custody wallets
Trade memecoins or smaller altcoins that aren't on CoinSpot or Swyftx
Value AFSL-backed regulatory oversight in addition to AUSTRAC
Run an SMSF and need broader asset choice than Independent Reserve allows

Coinstash might not suit you if you:

Prioritise the longest operating history and largest user base — CoinSpot wins
Want publicly disclosed ISO 27001 certification
Want a real-time proof-of-reserves attestation
Want the lowest possible trading fees — competitors edge ahead on fees
Plan to deposit via credit/debit card

Frequently asked questions

Is Coinstash safe?

Coinstash is AUSTRAC registered, operates under a wholesale AFSL, partners with Fireblocks and Ledger Enterprise for custody, maintains 1:1 customer reserves, and is audited annually by Hall Chadwick. Operating since 2017 with no reported security incidents. For long-term holdings, we still recommend a hardware wallet.

How does the DeFi Connector work?

The DeFi Connector is an aggregator built into Coinstash that lets you buy and sell DeFi tokens across 10+ blockchains without setting up a wallet, bridging assets, or managing gas tokens. You deposit AUD, choose a token from any of the supported chains, and Coinstash handles the routing. Custody remains with Coinstash — you're not getting self-custody, but you also don't need to learn MetaMask.

Does Coinstash really have over 1,100 coins?

Yes — this is verified through Finder, Coinstash's own platform, and multiple independent reviews. The 1,100+ figure refers to directly-listed assets you can buy with AUD. Through the DeFi Connector, you can access another 500+ tokens. Some top-20 coins are notably absent: Lido Staked Ether, Wrapped Bitcoin, and USDS.

Is Coinstash AFSL-licensed?

Coinstash operates under a wholesale Australian Financial Services Licence (AFSL No. 510735) held by Brindabella Investment Group Pty Ltd. This adds ASIC regulatory oversight on top of AUSTRAC registration — a meaningful regulatory plus that not all Australian exchanges have.

Can I use Coinstash for my SMSF?

Yes — Coinstash has supported SMSF crypto investing since 2017 with same-day onboarding, dedicated account management, and tax reporting integration. The SMSF tooling isn't as deep as Independent Reserve's KPMG-integrated tax estimator, but Coinstash offers something IR doesn't: access to 1,100+ coins including DeFi tokens for SMSF allocations.

Coinstash vs CoinSpot — which is better?

CoinSpot wins on history, user base, customer support, and disclosed certifications (ISO 27001, Mazars audits). Coinstash wins decisively on coin selection (1,100+ vs 490+), DeFi access, and adds AFSL regulatory backing. If you only need major coins, CoinSpot is the better default. If you want exposure to memecoins, DeFi, or fresh listings, Coinstash is the right call.

Coinstash Review 2026