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CoinSpot Referral Code: Get $10 Free Bitcoin!
4th August 2024
Crypto
CoinSpot is a popular crypto exchange. They make it easy to buy various cryptocurrencies in Australia. As well as being able to buy and sell Bitcoin, you can also trade a number of popular alt coins including Ethereum, Litecoin, Ripple and many more. You’ll get a bonus $10 worth of Bitcoin when you sign up and make your first AUD deposit.
How to claim your CoinSpot Referral Bonus:
Use this code or link below to get $10 free Bitcoin when you sign up for CoinSpot.
This is only for new members, so if you already have a Coinspot account, unfortunately you can’t use this promo code.
Here’s how to claim your free $10 worth of Bitcoin:
Create an account - Enter the referral code: REF33GPVA
Verify your account. You’ll need to confirm your identity
Make your first deposit in AUD
Receive $10 free bitcoin!
What is CoinSpot?
CoinSpot is a popular crypto currency exchange. They make it easy to buy various cryptocurrencies in Australia. As well as being able to buy and sell Bitcoin, you can also trade a number of popular alt coins including Ethereum, Litecoin, Ripple and many more.
Why has Crypto Currency exploded?
So many reasons, and there are a lot of resources out there that have extensive speculation around the specifics. But I want to take a look at history.
A big reason why I think it took off in 2021 is not dissimilar to what happened in the 1920s. Essentially what happened was, the war ended and in the countries that lost, a depression hit. The currency of the time was dramatically inflating and deflating, every day.
The only confident ‘currency’ was stocks. Quite a few people invested early into stocks, and what happened was a huge flip in wealth. The wealthy families that had millions stored away in cash found their cash to be essentially useless and the youth who invested in shares/stocks, saw themselves with a huge amount of capital. This resulted in some pretty insane parties. Trust in typical currencies and shares has reduced, and the Crypto Currency market emerged with incredible strength, making one hundred thousand Bitcoin millionaires close to overnight. And that’s not even talking about all the alt coins out there.
It’s up to us to recognise trend shifts, apply the information of today, and strike.
Why I like CoinSpot
Easy to use interface – They have a well designed website that works well on both Desktop and Mobile. You don’t need any technical skills to be able to buy Bitcoin.
Instant Deposits – you can transfer money from any Australian bank account using PayID/Osko. They also support BPay and in person deposits. You don’t need to wait for your funds to deposit, meaning you can take advantage of moving crypto prices.
Huge number of alt coins – CoinSpot is constantly adding new coins. While I believe alt coins are a riskier investment than bitcoin, it’s still interesting to speculate on some of them.
Trusted brand – CoinSpot has been operating for a number of years and have become a trusted part of the crypto community.
Sell crypto – Unlike Coinbase, you can sell your crypto for AUD and cash out to an Australian bank account
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