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Fiat currencies

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Cryptocurrencies

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Details

Product Name Cointree Cryptocurrency Exchange
Fiat Currencies AUD
Cryptocurrencies BTC, ETH, XRP, BCH, EOS, XVG, LTC, ADA, MIOTA, TRX & 90+ more
Deposit Methods Cash
Cryptocurrency
Electronic Funds Transfer
POLi
PayID
Trading Fee 0.05-0.9%
Deposit Fees Fiat/Money: No fee
Cryptocurrency: No fee
Withdrawal Fees Fiat/Money: No fee
Cryptocurrency: fees vary

Pros

  • Competitive buy/sell fees
  • Wide selection
  • Portfolios
  • Crypto bill payment feature

Cons

  • Minimal features
  • Slow verification and transfers
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 106 cryptocurrencies

Which payment methods are accepted?

  • Cash
  • Cryptocurrency
  • Electronic Funds Transfer
  • POLi
  • PayID
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
BPAY,Cash,POLi,PayID
AUD

196
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 150 cryptos.
Bank transfer,POLi,Osko,PayID
AUD

177
cryptocurrencies

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

13
cryptocurrencies

Get a free Swipe (EFTPOS) Card from CoinJar, valued at $29.
Simply tap on “Card” within the CoinJar app bottom menu to order the free Swipe (EFTPOS) Card. CoinJar offers a simple way to buy, sell, or trade cryptocurrency with AUD. Enjoy free and instant deposits, fees start from 0.1% and withdrawals are free to your bank account.
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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

  1. 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, we are an Australian financial comparison website and general information service.

      For this you will need to research on each of the exchanges so you can check which of those support the coins that you wish to trade.

      This page will show the following platforms that are available in Australia and offer cryptocurrency trading. Some trading platforms will suit your needs much better than others. It’s worth comparing them in detail and trying demos where available to find the one you like.

      Cheers,
      Joanne

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