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Cointree cryptocurrency exchange review – 2019

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See how Cointree aims to make cryptocurrency purchases easy.

  • Great for multi-coin portfolios
  • Not so great for advanced trading

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

1

Fiat currencies

99

Cryptocurrencies

Details

Product Name Cointree Cryptocurrency Exchange
Fiat Currencies AUD
Cryptocurrencies BTC, ETH, XRP, BCH, EOS, XVG, LTC, ADA, MIOTA, TRX, NEO, DASH, XMR, XEM, VET, ETC, ICX, QTUM, OMG, & 70+ more
Deposit Methods Cash
Cryptocurrency
Electronic Funds Transfer
POLi
PayID
Trading Fee 0.05-0.9%
Deposit Fees Fees vary
Withdrawal Fees None
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.

Learn more about:

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: AUD
  • Supported cryptocurrencies: Approximately 99 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

Tiers Buy/sell fee Crypto to crypto trading fee Tier requirement (trade volume per 30 days)
Bronze 0.9% 0.25% None
Silver 0.8% 0.20% $10,000
Gold 0.7% 0.15% $50,000
Platinum 0.6% 0.10% $200,000
Diamond 0.5% 0.05% $1,000,000

Deposit and withdrawal fees

Deposit fees
Deposit type Fee Limits
Electronic funds transfer None $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 type Fee
Australian bank account None
Cryptocurrency Network 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.
  • Easy to use. Cointree has a limited range of features, but this helps keep it simple.

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 Supported Cryptocurrencies
Cryptocurrency
Electronic Funds Transfer
POLi
SWIFT
Osko
PayID
AUD, NZD, USD
BTC, BCH, ETH, LTC, XRP, OMG, ZRX, EOS, PLA, XLM, BAT, REP, GNT, ETC
Trade AUD and other fiat currencies against a wide range of cryptos at competitive rates.
BPAY
Cash
Cryptocurrency
POLi
AUD
BTC, BCH, ETH, XRP, ADA, XEM, LTC, XLM, TRX, DASH, NEO, XMR, EOS, QTUM, BTG, LSK, ETC, XVG, SKY, NAS, LINK, GO & over 100+ more
CoinSpot is an Australian-based marketplace that allows you to easily buy, sell or trade more than 100 cryptocurrencies.
Credit card
Debit card
PayPal
Wire transfer
Local Online Banking
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK, ZAR, JPY, SEK, CNH, TRY, RUB, HUF, MXN, PLN
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, TRX, ZEC, BNB, XTZ
Disclaimer: Highly volatile investment product. Your capital is at risk. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Copy the trades of leading cryptocurrency investors on this unique social investment platform.

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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?

    • AvatarStaff
      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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