Cointree cryptocurrency exchange review

See how Cointree aims to make cryptocurrency purchases easy.

  • Great for buying an exceptional range of cryptocurrencies
  • Not so great for advanced trading

Check out our full list of pros and cons or read on.

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1

Fiat currencies

158

Cryptocurrencies

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Details

Product Name Cointree Cryptocurrency Exchange
Fiat Currencies AUD
Cryptocurrencies BTC, ETH, XRP, LTC, BCH, ADA, XLM, BSV, EOS, BNB & 140+ more
Deposit Methods Cash
Cryptocurrency
POLi
PayID
Online banking
Trading Fee 0.05-0.9%
Deposit Fees Fiat/Money: No fee
Cryptocurrency: No fee
Withdrawal Fees Fiat/Money: No fee
Cryptocurrency: fees vary
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.

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: AUD
  • Supported cryptocurrencies: Approximately 158 cryptocurrencies

Which payment methods are accepted?

  • Cash
  • Cryptocurrency
  • POLi
  • PayID
  • Online banking
Go to Cointree's website

What's it like to use Cointree?

Fees and limits

Platform trading fees

TiersBuy/sell feeCrypto to crypto trading feeTier requirement (trade volume per 30 days)
Bronze0.9%0.25%None
Silver0.8%0.20%$10,000
Gold0.7%0.15%$50,000
Platinum0.6%0.10%$200,000
Diamond0.5%0.05%$1,000,000

Deposit and withdrawal fees

Deposit fees
Deposit typeFeeLimits
Electronic funds transferNone$20 minimum, $10,000 per 24 hours maximum
POLi payment$3.50$25 minimum, $10,000 per 24 hours maximum
PayID$2.75$25 minimum, $2,000 per 24 hours maximum
Cash payment$3.00$50 minimum, $8,000 per transaction maximum
Withdrawal fees
Withdrawal typeFee
Australian bank accountNone
CryptocurrencyNetwork fees

How fast will my funds be available?

Deposits

Clock icon for transfer speed

1-2 days

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.

Withdrawals

Clock icon for transfer speed

3-5 days

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?

Go to Cointree's website

What else do I need to know about Cointree?

Cointree was founded in 2013 with the goal of making cryptocurrencies easier and more accessible.

It's one of several cryptocurrency exchanges based in Melbourne.

In a nutshell

Pros

  • Competitive buy/sell fees. The fees for quick buys and sells are slightly lower than other equivalent services.
  • Wide selection. Cointree offers a wide range of cryptocurrencies and direct swaps between all of them.
  • Portfolios. You can easily rowse and buy combinations of coins that have recently performed well.
  • Crypto bill payment feature. You can pay Australian bills with cryptocurrency, using any of Cointree's 100+ supported coins.

Cons

  • Minimal features. Cointree does not offer advanced features.
  • Slow verification and transfers. Cointree may take several days to verify users and process deposits.
Go to Cointree's website

Compare Cointree against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD

270
cryptocurrencies

Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

297
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 250 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

262
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
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FAQs

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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2 Comments

    Default Gravatar
    Ian
    December 9, 2017

    Which australian exchange lets you withdraw funds when you sell your coins and also supports multiple coins?

      Avatarfinder Customer Care
      Joanne
      December 12, 2017

      Hi Ian,

      Thank you for visiting Finder.

      As stated from our guide on how to sell bitcoin, even after you’ve sold your bitcoin, your transaction hasn’t been fully completed. The final step is to withdraw the proceeds of your sale into either your bank account or your cryptocurrency wallet. So when selling bitcoin in Australia, look for a cryptocurrency exchange platform that permits AUD withdrawals and check if your preferred withdrawal method is supported. You may refer to our guide above to know the other factors you may consider. Also, on the page, is a comparison table you can use to see which exchange suits you. It should allow you to compare platforms based on their deposit methods, fiat currencies, and cryptocurrencies they support.

      Once you have chosen a particular cryptocurrency exchange, you may then click on the “Go to site” button and you will be redirected to their website where you can sign up for an account or get in touch with their representatives for further assistance.

      As a gentle reminder, please verify the nature of any product or service (including its legal status and relevant regulatory requirements and consult the relevant regulators’ websites) and consider your own circumstances before making any decision. 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.

      This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service, or offering. Finder, or the author, may have holdings in the cryptocurrencies discussed.

      Cheers,
      Joanne

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