Exchanges
CoinSpot Fees Explained (2026): Every Charge Audited
Every CoinSpot fee verified June 2026: 1% instant orders, 0.1% markets and OTC, deposit costs, the unpublished spread, and what a $1,000 trade really costs.
By
YCG Research Desk
Published
12 June 2026
Fact-checked & updated
12 June 2026
CoinSpot charges 1% on instant buy, sell and swap orders, 0.1% on market orders for a short list of major coins, and 0.1% on OTC trades from $20,000. PayID and direct bank deposits are free; card deposits cost 1.22% and cash 2.5%. All figures were verified against CoinSpot’s published schedule in June 2026.
The single most expensive decision on CoinSpot is not which coin you buy but which order screen you use — the gap between its cheapest and default rates is tenfold before any spread. How those rates stack up across the platforms we track is covered in our comparison of Australian crypto exchanges.
Some links on this page are partner links and we may earn a commission if you sign up through them. Commissions never change the published fees in these tables, and the formal disclosure appears alongside this article.
CoinSpot’s published fee schedule
CoinSpot’s own fee page is brief. Verified in June 2026, it lists five trading rates and a handful of funding charges.
| Order type | Published fee |
|---|---|
| Market orders (CoinSpot Markets order book) | 0.1% |
| OTC trades (from $20,000) | 0.1% |
| Instant buy, sell and swap | 1% |
| Take profit, stop and limit orders | 1% |
| Recurring buy | 1% |
Two things the schedule does not say are as important as what it does. First, the 0.1% rate applies only to the pairs listed on CoinSpot Markets — 15 AUD pairs when we checked, out of more than 500 listed coins. Second, no spread figure is published anywhere on the page, and for instant orders the spread is where a meaningful part of the real cost sits. Both points are unpacked below.
Where the 1% rate actually applies
The 1% fee covers the screens most customers actually use: the default instant buy and sell interface, coin-to-coin swaps, recurring buys, and every conditional order type (take profit, stop and limit). If a coin sits outside the short Markets list — and the overwhelming majority of CoinSpot’s 500+ assets do — the 1% instant rate is the only way to trade it.
Swaps deserve particular attention. A swap from one coin to another carries the 1% fee and is also a disposal for tax purposes, so frequent swapping compounds both trading costs and capital gains tax events. The fee is built into the rate quoted on screen rather than itemised separately, which makes it easy to underestimate.
In CoinSpot’s defence, the 1% rate is flat and predictable, there is no monthly account fee, and the instant interface quotes a locked price for the seconds you have to accept it — simplicity that some users knowingly pay for.
The 0.1% market order — limited to 15 pairs
CoinSpot Markets is a genuine order book where customers trade against each other at visible bid and ask prices for 0.1%. In June 2026 it listed 15 AUD pairs: BTC, ETH, USDT, ADA, SOL, XRP, DOGE, LTC, XLM, TRX, A (formerly EOS), NEO, POWR, GAS and RHOC — plus one cross pair, BTC/USDT, for 16 order-book pairs in total.
Placing a market order instead of an instant order works like this:
- Open the coin’s page and select the Markets (or “Market Order”) tab rather than the default instant buy panel.
- Check the order book depth — on the largest pairs such as BTC/AUD and ETH/AUD liquidity is reasonable, but smaller pairs can be thin, and a large market order on a thin book suffers slippage.
- Enter the AUD amount or coin quantity; a market buy fills at the nearest ask, a market sell at the nearest bid.
- Confirm — the 0.1% fee applies to the executed amount.
The trade-off is real: 0.1% is among the lowest published trading fees in this article’s comparison table, but only for those 15 pairs, and order-book trading shifts execution risk (slippage on thin books) onto the user, where the instant interface gives a firm quote.
The spread question CoinSpot’s fee page does not answer
A spread is the gap between the price a platform sells to you at and the underlying market price. CoinSpot publishes no spread figure for its instant orders, and because instant prices are set by CoinSpot rather than an open book, the all-in cost of an instant trade cannot be calculated from the fee page alone.
Third-party fee audits in 2026 have estimated Bitcoin instant-order spreads on CoinSpot at roughly 1–2%, which would put the all-in cost of an instant BTC buy at about 2–3%. CoinSpot has not confirmed these figures, so treat them as independent estimates rather than published rates.
There is a practical way to see the gap yourself: CoinSpot runs both systems, so you can compare the instant buy quote for BTC against the live ask price on its own BTC/AUD market before accepting either. For context, Swyftx — a comparable broker-style platform — publishes its live per-asset spreads (around 1.1% on BTC in June 2026), a transparency step CoinSpot has not taken.
Worked example: $1,000 of Bitcoin, instant vs market
Using only the published rates verified in June 2026:
| Route | Published fee | Fee on a $1,000 order | Spread |
|---|---|---|---|
| Instant buy | 1% | $10.00 | Not published; independent 2026 estimates of 1–2% imply roughly $10–$20 more |
| Market order (BTC/AUD) | 0.1% | $1.00 | None as such — you trade at the visible bid/ask |
On published fees alone the difference is $9.00 per $1,000. A dollar-cost-averaging plan of $1,000 a month — the kind you can model in our DCA calculator — pays $120 a year in instant-order fees against $12 via market orders, a $108 gap before any spread. If the independent spread estimates are accurate, the real annual gap on the same plan could exceed $250.
The market-order route is not automatically superior: it is only available for 15 pairs, requires engaging with an order book, and carries slippage risk on thin pairs. But the dollar difference is large enough that knowing both routes exist is the single most useful fact about CoinSpot’s pricing.
Deposit and withdrawal fees by method
Funding costs vary more by method than most users expect. Verified June 2026:
| Method | Deposit fee | Withdrawal fee |
|---|---|---|
| PayID / OSKO | Free | — |
| Direct bank deposit | Free | Free (AUD bank withdrawal) |
| PayPal | 0.5% | 2% |
| Card | 1.22% | — |
| Cash (newsagent counter) | 2.5% | — |
A card-funded instant buy stacks three costs: the 1.22% deposit fee, the 1% instant fee and the unpublished spread. Funding by PayID removes the first layer entirely at no cost in speed, since OSKO transfers settle in minutes.
Sending crypto to an external wallet incurs the network transaction (mining) fee for that coin, which CoinSpot passes on at a flat rate displayed on each wallet page; it varies by coin and network conditions rather than being a fixed CoinSpot charge.
OTC desk: 0.1% from $20,000
For larger trades, CoinSpot’s over-the-counter desk quotes a locked price at a 0.1% fee with a $20,000 AUD minimum — the lowest published OTC entry threshold among the platforms in the table below. A staffed enquiry service runs 8am–10pm AEST with quotes typically valid for five minutes, and an automated instant OTC service runs 24/7 with a one-minute acceptance window, subject to eligibility.
Locked pricing avoids the slippage a six-figure market order would suffer on a retail order book. The desk’s quote still embeds CoinSpot’s margin, so larger traders typically compare quotes across desks — our guide to OTC crypto trading in Australia covers how the institutional desks differ.
What the same trade costs elsewhere
Published fees for a $1,000 BTC purchase across comparable Australian platforms, verified June 2026:
| Platform | Order type | Published fee | Fee on $1,000 | Spread treatment |
|---|---|---|---|---|
| CoinSpot | Instant buy | 1% | $10.00 | Not published |
| CoinSpot | Market order | 0.1% | $1.00 | Order book bid/ask |
| Swyftx | Instant (broker) | 0.6% | $6.00 | Published live; |
| Kraken | Simple app instant buy | 1% | $10.00 | Not published |
| Kraken Pro | Order book | 0.25% maker / 0.40% taker | $2.50–$4.00 | Order book bid/ask |
| Independent Reserve | Order book brokerage | 0.5% | $5.00 | Order book bid/ask |
| Digital Surge | Instant (broker) | 0.5% | $5.00 | Applies; not published |
The pattern across the table: order-book platforms publish lower headline rates but expose you to market depth, while broker-style instant interfaces charge more and bury part of the cost in a spread that only Swyftx publishes. CoinSpot is unusual in operating both models under one roof — its market-order rate is the lowest published trading fee in this table, while its default instant rate is the joint highest. How the two most-searched platforms compare line by line is covered in our Swyftx vs CoinSpot comparison.
Licensing status and what may change
CoinSpot is registered with AUSTRAC as a digital currency exchange. That registration is an anti-money-laundering obligation, not a licence or a government endorsement of the platform — a distinction our guide to AUSTRAC-registered exchanges explains in full. In May 2026 CoinSpot announced it had been granted an Australian Financial Services Licence authorising non-cash payment facilities; that authorisation covers payment services, not the crypto trading platform itself.
Platform-level licensing arrives with the Corporations Amendment (Digital Assets Framework) Act, which received Royal Assent on 8 April 2026 and commences on 9 April 2027, after which digital asset platforms above the small-scale exemption will need AFSL coverage. ASIC’s INFO 225 no-action position runs to 30 June 2026 for providers that lodged AFSL applications and joined AFCA. Compliance costs across the industry may flow into fee schedules, so the figures above are worth re-checking after commencement.
SMSF trustees weighing CoinSpot’s dedicated fund accounts face the same fee mechanics plus trustee-specific rules, covered in our CoinSpot SMSF guide. If you are new to the mechanics of buying at all, start with how to buy crypto in Australia.
Common questions
Frequently asked questions
What are CoinSpot's fees?
CoinSpot charges 1% on instant buy, sell and swap orders, recurring buys and take profit, stop and limit orders. Market orders on its order book cost 0.1%, but only around 15 AUD pairs are listed. OTC trades from $20,000 also cost 0.1%. PayID and direct bank deposits are free, card deposits cost 1.22%, cash 2.5% and PayPal 0.5%. Figures verified June 2026.
Does CoinSpot charge a spread on top of its fees?
CoinSpot's fee page publishes no spread figure. Instant buy and sell prices are set by CoinSpot rather than an open order book, and third-party fee audits in 2026 estimated Bitcoin instant-order spreads of roughly 1 to 2 percent on top of the 1% fee. Users can compare the quoted instant price against CoinSpot's own BTC/AUD market before accepting a rate.
How does the 0.1% market order rate work on CoinSpot?
The 0.1% rate applies only on CoinSpot Markets, the platform's order book, which listed 15 AUD trading pairs in June 2026, including BTC, ETH, SOL, XRP, ADA and DOGE. Orders execute against other customers at visible bid and ask prices. The several hundred other coins CoinSpot lists are available only through the 1% instant and swap interface.
Is CoinSpot expensive compared with other Australian exchanges?
It depends on the order type. CoinSpot's 0.1% market-order rate is among the lowest published trading fees in Australia, but it covers a short list of pairs. The default 1% instant order, plus an unpublished spread, is above Swyftx's 0.6% fee with a published spread, Independent Reserve's 0.5% brokerage and Kraken Pro's 0.25% to 0.40% schedule, based on rates verified in June 2026.
Does CoinSpot charge deposit or withdrawal fees?
PayID and direct bank deposits are free, as are AUD withdrawals to an Australian bank account. PayPal deposits cost 0.5%, card deposits 1.22% and cash deposits through newsagents 2.5%. Withdrawing via PayPal costs 2%. Sending crypto to an external wallet incurs the network transaction fee for that coin, which varies and is shown on the wallet page. Verified June 2026.
What is CoinSpot's OTC minimum and fee?
CoinSpot's over-the-counter desk takes orders from $20,000 AUD at a 0.1% fee. A staffed order-enquiry service runs 8am to 10pm AEST with quotes typically valid for five minutes, and an automated instant OTC service runs around the clock with one-minute quote acceptance. Pricing is locked at the quote, which avoids slippage on large orders compared with thin order books.
Is CoinSpot regulated in Australia?
CoinSpot is AUSTRAC-registered as a digital currency exchange, which is an anti-money-laundering obligation rather than a licence or government endorsement. In May 2026 it announced an Australian Financial Services Licence covering non-cash payment facilities. Crypto trading platforms themselves come under AFSL licensing when the Digital Assets Framework Act commences on 9 April 2027.
Sources & further reading