If you are in Australia and want to buy #Ethereum or #Bitcoin, please read on.
I've been hearing a lot that #Coinspot is the best in Australia blah blah blah, but guess what they're not.
Please do some research before buying #cryptocurrencies in Australia. I know it is easier to buy via your bank account, POLI, or BPAY, but Coinspot is one of the worst exchanges in the world in terms of price. They were 19-21 percent more expensive than the world's average last time I checked. This becomes worst when there is a bull run. They increase the prices so they can maximize their profit.
If you wanto buy some #crypto and #HODL then that's OK to buy from Coinspot, however if you want to buy #Bitcoin (#BTC) or #Ethereum (#ETH) in order to transfer to #Binance or some other exchanges for #trading, do not buy from them. Use #Coinmama instead that you can buy via your credit card. Good thing about #Coinmama is that there's no limit of buying like there is with #Coinbase. Price might be a bit higher than world averagre but still hell of a lot cheaper than #Coinspot.