PayID is a secure payment system that links your bank account to an email or phone number. It allows instant transfers between Australian banks and is widely supported by crypto exchanges.

How do I buy Bitcoin with PayID?

Sign up with a registered exchange, verify your identity, select PayID as your deposit method, transfer AUD, and buy Bitcoin instantly.

Is PayID safe for buying Bitcoin?

Yes — PayID is backed by Australian banks and complies with AUSTRAC regulations. It offers fast, secure transfers and is ideal for crypto purchases.

What are CoinSpot trading fees?

CoinSpot charges 0.1% for market orders and OTC trades, and 1% for instant buy/sell, swap, advanced orders and recurring buys.

What are CoinSpot AUD deposit fees?

PayID and direct deposit are free. Cash deposits are 2.5%, card deposits are 1.22%, and PayPal deposits are 0.5%.

Does CoinSpot charge withdrawal fees?

Bank withdrawals in AUD are free. PayPal withdrawals in AUD cost 2%. Crypto withdrawals incur network mining fees.

CoinSpot Fees 2026: Full Fee Breakdown for Australian Users

This updated 2026 guide explains all CoinSpot fees including market orders, OTC trades, instant buy/sell, recurring buys, AUD deposits, AUD withdrawals and cryptocurrency network (mining) fees. All fee information below is taken directly from CoinSpot’s official fee structure and is designed to help Australians compare CoinSpot fees with other exchanges.

Want more CoinSpot information? See our CoinSpot Australia Guide and CoinSpot Features & Tools Overview.

Get $10 Free Bitcoin on CoinSpot →

CoinSpot Trading Fees (Market, OTC, Instant & Recurring)

CoinSpot advertises “Australia’s lowest fees from 0.1%” and offers multiple trading options. Each option has its own fee structure:

Trading Type	Fee	Description
Market Orders	0.1%	Buy/sell at best available market price with other CoinSpot users.
OTC (Over-The-Counter)	0.1%	High‑volume trades with locked‑in pricing and account manager support.
Instant Buy, Sell & Swap	1%	Simple instant trades using AUD for convenience.
Take Profit, Stop & Limit Orders	1%	Advanced automated trading orders.
Recurring Buy	1%	Scheduled purchases for dollar‑cost averaging.

CoinSpot AUD Deposit & Withdrawal Fees

CoinSpot supports multiple AUD deposit methods. Some are free, while others incur percentage‑based fees:

Deposit / Withdrawal Method	Fee
PayID Deposit	Free
Direct Bank Deposit	Free
Cash Deposit	2.5%
Card Deposit	1.22%
PayPal Deposit	0.5%
Bank Withdraw AUD	Free
PayPal Withdraw AUD	2%

CoinSpot Network (Mining) Fees

When sending cryptocurrency to external wallets, CoinSpot charges a standard flat transaction (mining) fee. This fee varies by asset and blockchain congestion and is displayed on the wallet page at the time of withdrawal.

Static Fee Chart (Visual Overview)

CoinSpot vs Digital Surge vs Binance Fees

Many Australians compare CoinSpot fees with Digital Surge and Binance. Below is a simple comparison table:

Platform	Market / Spot Fees	Instant / Simple Buy	AUD Deposit Options	Sign Up
CoinSpot	0.1%	1%	PayID, Bank, Cash, Card, PayPal	Join CoinSpot →
Digital Surge	Varies	Varies	Bank transfer	Join Digital Surge →
Binance	Low spot fees	Varies	Multiple global options	Join Binance →

Who Are CoinSpot Fees Best For?

CoinSpot fees are ideal for:

Beginners who prefer simple instant buy/sell.
Experienced traders using market orders at 0.1%.
High‑volume OTC traders.
Users who want multiple AUD deposit options.
Australians wanting a local, trusted exchange.

Final Thoughts

CoinSpot’s fee structure is transparent and easy to understand. Market and OTC fees are low at 0.1%, while instant and recurring buys cost 1%. AUD deposits via PayID and bank transfer are free, while card, cash and PayPal deposits incur percentage‑based fees. Cryptocurrency withdrawals include network mining fees based on blockchain congestion.

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