Andrew Munro is the global cryptocurrency editor at Finder. After previously writing about insurance and other areas, he now covers the latest developments in digital assets and blockchain and works on Finder's comprehensive range of guides to help people understand cryptocurrency.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Cash and PayID deposits will be available almost immediately, while POLi payments and electronic bank transfers will typically take one to two days. There may be delays for your first payment.
It will typically take three to five days to receive the funds to your linked bank account.
Is Cointree safe to use?
Regulation. Cointree is registered with AUSTRAC as a digital currency exchange.
Verification process. Verification is required before you can buy or sell on Cointree. The process involves sending identification to Cointree, which gets it verified through a third party.
Safety features. Cointree offers two-factor authentication to help you protect your account and says all user passwords and wallet private keys are encrypted and "salted" to better protect weaker passwords from brute force attacks.
How do I create a Cointree account?
To create an account, click the white "get started" button on the top navigation bar.
You will need to enter your email as well as choose and confirm your password.
You will receive an email which you can use to verify your email address.
To get verified, log in to your account, click on your user name and go to the settings page. From there, go to the "verification" tab and click "verify now".
You will be prompted to enter your details and upload a selfie ID photo and some additional identification.
The verification process may take one to two days to complete
Once you're verified, go to the buy/sell/trade tab on the top of the screen. Then go to buy your coin of choice, and you will be invited to select a payment method.
Choose your payment method and make a deposit to your account.
The funds that have been deposited to your account will take the form of an account credit. You can now select account credit as a payment method when you want to purchase with funds that have already been deposited.
Cointree is available all over the world, but the only fiat currency it allows is AUD.
No, but the Cointree website also works on mobile.
The verification process involves filling out some details about yourself, providing some identification and waiting for Cointree to verify the correctness of the information provided.
Cointree offers a help section and also lets users submit support requests to its customer service team.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
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