1. 2500* (0. Please note that you should always check the ATO/Business. By using your CoinSpot wallets within the app you can easily track your holdings and wallet values in one simple view. Select you r account name in the top right corner. Localized Tax Reports. Reply from CoinSpot. At this exchange, they don’t divide between takers and makers. Figure 1. CoinSpot Mastercard - Get Started (CoinSpot. Koinly can generate the right crypto tax reports for you. Available Crypto Assets. 4. Select add new wallet: CoinSpot. Figure 1. When buying and selling NFTs on CoinSpot, a flat service fee of 0. 1. Manage your crypto transactions with Koinly. Search for your desired coin to locate the Coin Transaction History. [Read] Australia Complete Crypto Tax GuideComplete Crypto Tax Guide 2023is the first Australian Cryptocurrency Exchange to audit their assets. Don’t forget to tag your transactions according to the ATO’s crypto tax rules. Open the file with Microsoft Excel or another compatible program and put in your transactions (The file already contains some demo transactions for illustration. Step 2: On the top right corner of the. It booked a $292 million profit for the 12 months to the end of June last year and $334. io promo code, you can enjoy attractive. If you're looking for an invoice that shows the breakdown of one individual transaction, visit Download recipient-created tax invoice (RCTI). Here is an example EOFY Report from Coinspot, this one is 3 pages long. 10% in fees. Benefits of using CoinSpot to manage your SMSF cryptocurrency portfolio. CoinSpot offers Australia’s largest variety of digital assets with over 420 coins listed where users can buy, sell & swap benefiting from the lowest fees starting from 0. Figure 3. The contents of your crypto tax report include: Capital gains summary. Cryptocurrency & Tax; COMMUNITY; Facebook; Twitter; Instagram; Reddit; SUPPORT; Help Centre; Contact Support. Figure 2. CoinSpot has Australia’s largest variety of coins with over 410 coins listed and we are continuously adding new coins and projects to our platform. Capital Gains Tax refers to the tax paid on a capital gain made from the sale of a capital asset. 1% and the taker fee is 1%. That way you can use our crypto tax calculator application today. IRS Form 8949. Investment scams often begin with an unsolicited message or phone call from an International phone number. 13%, however customers have reported spreads up to 4%. However, you can use your CoinSpot trading history to calculate your crypto taxes using a crypto tax app - like Koinly! You can get this in minutes using the CoinSpot tax report API. 49125 (This is if you sold straight away). Stop Loss & Take Profit Orders. Any transaction that involves the purchase or sale of cryptocurrency in Australian dollars or other fiat currencies, as well as any crypto-to-fiat conversions, must be reported by CoinSpot. PNG file format. ( ABC News: Brendan Esposito )We detected some issues with the following wallets, click on each wallet to review the issues before continuing with your tax report. The HODLER plan is $99 per tax year, and the TRADER plan is available for $179. CoinSpot vs Swyftx Deposit Methods. Aug 9, 2023. The independent auditor HLB Mann Judd Assurance (NSW) Pty Ltd is anticipated to conduct specific tests and procedures to review CoinSpot’s financial records. CoinLedger integrates with CoinSpot and dozens of other wallets, blockchains, and cryptocurrency exchanges to automate the entire crypto tax reporting process. This confirms holdings are available as displayed and are kept one-to-one. Benefit from over 700 integrations across your favourite wallets, exchanges and blockchains. 2. Friendly and local SMSF support team to assist with onboarding and customer inquiries. Please note that you should always check the ATO/Business. You have entered 19,600 Cardano (ADA) into CoinSpot Earn, the following APY percentages will be applicable. Calculate Your Crypto Taxes. The leading Crypto Portfolio Tracker and Tax Calculator. Between 18,200 and 45,000 they will charge you 19%. CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. The exchange shares all your necessary personal. Security: CoinSpot is the most secure and trusted crypto exchange in Australia, so you can invest and trade with peace of mind. gov websites for the latest information as the above articles may be outdated at the time of reading. First you import your crypto transactions, add any crypto income (such as staking, gifts, mining or airdrops), generate a tax report, then import it into tax software or give to your accountant. To lodge a tax return for the current tax year, you will have to submit it before October 31st 2022. A signed copy of the Trust deed. level 1. Click “Buy/Sell” in the menu at the top, then search for the coin you want to purchase. 8 with 1100+ Reviews. Connect your CoinSpot account to KoinX in just a few simple steps to easily generate and file your. 9 tax rate 0. report. A dividend of $336 million was. You just stole my yield and act like you giving me something. 2. Done in Minutes. Then, click [Secure Import]. We’re talking about a platform that promises easy trading, a wide range of supported cryptocurrencies, and a. Treasury Department to issue regulations requiring brokers to report on the sale and other transfers of digital assets—including. Tax Report; Tax Information; Full-Service; Login / Register; Support. Step 2: Click on My Account drop-down and select. According to data from Etherscan, a transaction totaling 1,262 Ether — worth $2. The program allows the ATO to access data held by designated service providers, which includes crypto exchanges like Binance, CoinSpot, CoinJar and more. 6. The exchange shares all your necessary personal information and cryptocurrency asset-holding data, including your crypto gains, with the ATO. As CoinSpot proudly celebrates its 10th. Expires:Nov 20, 2023. So, if you want to know how much tax you owe on your CoinSpot transactions, Accointing can help. Unique to the sell process is the inclusion of a creator royalty fee. Figure 2. Australian Regulators Will Oblige Businesses to Report Cyberattacks: Report. GAINS (Expert): Realized & Unrealized Gains Tax-privileged Coins (Short & Long) Roll Forward / Audit Report Trade Analysis Average Purchase Prices; CHECKS: Missing Transactions Duplicate Transactions Validate Transactions Transaction Flow Report EASY TRACKING: Easy Enter Statistics; Enter Coins. Capital gains report. you’ve formally registered as a company with ASIC ), then your tax rate will be the same as for other companies: 27. 1. How to get a CoinSpot tax statement#$ (self. CoinSpot Review: Supported Cryptocurrencies You can choose to buy, swap, or sell from over 250. Worried about how to calculate your CoinSpot crypto tax? Looking for a complete solution to generate reliable crypto tax reports and maximize tax savings?Don. . , we’re excited to share that this service is now available to users in Australia. The same like our tax calculator helps with your regular income. Setting up your CoinSpot Mastercard 1. You report £400 of income on your Self Assessment Tax Return. CoinSpot is the first Australian Cryptocurrency Exchange to audit their assets. You may need to include a capital gain or loss in your income tax return. In Koinly all your crypto exchange platforms, wallets, service, etc are referred to as "Wallets". New replies are no longer allowed. Then find the public address for these networks in your MetaMask browser extension and copy and paste these into Koinly to import. Claim your tax-savings today with CoinLedger!. Download your tax reports in minutes and file with TurboTax or your own accountant. Two-factor authentication. Work out if your crypto asset is a personal use asset and when. Search for CoinSpot(1) > Then select. 7. Click [Create API]. CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. CoinSpot. Creating a Tax Report with CryptoTaxCalculator Crypto Taxes. Confirm the new API key by email. On your Dashboard, tap on the ‘ My Account Menu Icon’. Swyftx also supports credit and debit card deposits, which CoinSpot does not. Once you have uploaded your files you will see the below “import complete” box. All Indian Tax Guide Australian Tax Guide UK Tax Guide Blogs Product Support Integrations Staking Guide Buying Guide Mining Guide 19 October 2023, 4:04 PM | 3 Min read Get Started. Then you just scroll down to “pick a report type”. Compare CoinSpot vs. Once in the Withdraw AUD menu, locate your withdrawal in 'Created' status under Withdrawal History. All in all, CoinSpot does report to ATO in compliance with the Australian cryptocurrency tax reporting law. Koinly can generate the right crypto tax reports for you. Koinly also integrates with popular tax software. TenX spread. Koinly generates crypto tax reports built to comply with Aussie tax guidelines for 750+ exchanges, wallets and integrations. Let me know if you have any further questions. 5% on all business related income, after deductions. You can access lower fees by trading on the market, for just 0. These can be found on the Order History page. CoinSpot is Australia's biggest cryptocurrency exchange and gives users access to more than 320 different digital currencies. BPAY deposits are subject to a 0. CoinSpot's FAQ ⁉️ What reports can I use to assist with my tax return? CoinSpot provides multiple free EOFY reports. Step 4: Go to the Buy section. Koinly is easy to use, secure, and compliant with over 20 countries. Tier 1 - 10,000 ADA - 3. If you are trying to complete your 2016-2017 tax return you will need data that goes back to at least 1 July 2016 and earlier for prior years. Increase the security of your CoinSpot account and enable 2FA in your Account Settings. Whether you’re lodging your tax return yourself via myGov, or working with an accountant - Koinly has a range of crypto tax reports for you. Absolutely brilliant. Instant buy and sell fees on CoinSpot are 1% which is high compared to Swyftx (0. Certified with Blockchain Australia and Sci Qual, we want our users to feel as safe and secure as possible when taking the leap into crypto. Getting started; Importing data; Reviewing data; Fixing data errors; Reports; B2B: Koinly for accountants and businesses; Affiliates and PartnersCoinSpot Customer Service & Contact CoinSpot presents its users with two ways to contact its customer support team. com using this comparison chart. ABN: 19619574186. If you are submitting it through an accountant, the cut off date is 31st March 2023. 1. 5% fee for cash deposits. Income +/- Tradings Gains/Losses – Deductions = Assessable Income. You would probably take away a lot of customers from BSC and UNISWAP. The tax report will include a transaction history, asset code and name, transaction time and date, asset quantity, coin. This means that both takers and makers in a deal pay 0. Koinly is one of the best crypto tax software programs; it is low cost, easy to use, yet packed with features. Their platform integrates with the most exchanges and NFT, DeFi, and Decentralised Exchange (DEX) platforms to generate a simple and accurate tax report. 10% in trading fees is below the industry average (arguably around 0. Failure to comply with tax regulations can result in fines, imprisonment, and potential loss of license for CoinSpot. 2016 15:20. Just head to the My Account Menu,. CoinLedger – Best for NFTs. Add the required information from your cryptocurrency tax report to your myTax return and submit it yourself online. CoinTracking – Best free and low-cost crypto tax software. 9 replies. Trust beneficiary details. For short-term gains on assets held for less than a year, you’ll pay between 0% to 45% in tax depending on how much you earn. CoinSpot is one of Australia's largest and oldest cryptocurrency exchanges with over 350. In addition, CoinSpot supports well-known DeFi coins and tokens as well. Have direct access to Australia's largest variety of cryptocurrencies. Plus, with over 1,000 5-star reviews, Koinly is the top rated crypto tax software on TrustPilot. Using Koinly, you'll be able to download your Schedule D & Form 8949 (USA), Capital gains summary (HMRC), Schedule 3 (Canada) and any other tax declaration forms required by your country. 1. If you are filing in the US, Koinly can generate filled-in IRS tax forms. Report the total amount under the 18H ‘Total current year capital gains’ label on your tax return. Use code FINDER23 for 30% off your. You need to report your CoinSpot crypto earnings to the ATO. With over 700 integrations, Koinly supports over 400 Exchanges, 100 Wallets and over 170 Blockchains. Seems like a good spot for this since Coinspot is an aus trading site. 3. EOFY Report from Coinspot. 5 million users. Coinpanda – Best. The ATO provides useful information regarding Cryptocurrency as an investment, you can read that information through the ATO website below. Thursday, 26 May 2022. 9% fee and Cash payments through BlueShyft have a. Enter the name of the exchange, and click on the option to manually upload csv. 24 hours. KoinX is one of the most trustworthy sources for it. Complete the Know-Your-Customer (KYC) process. This worksheet will help you to calculate a capital gain or capital loss for each separate CGT asset or CGT event using either the: indexation method. Send your report to your crypto accountant (find one here). Tax Report with CoinSpot & CryptoTaxCalculator - My Account Menu (Order History) 2. com Tax for Canada and U. From your settings, Koinly will know the financial year you’re reporting on - so from the 1st of July 2021 to the 30th of June 2022. Anything that is earned from staking, air drops, mined, etc have to pay tax on it. Follow. CoinSpot provides a number of reports to assist with your tax return. Switzerland: Valuation Report. That's right, to celebrate Christmas early CoinSpot members will get double the referral bonus for a limited time! Please note that duplicate accounts are not allowed, so if you already have an account and want to. All in all, CoinSpot does report to ATO in compliance with the Australian cryptocurrency tax reporting law. Select my Account Menu(1) > Then select Order History(2). Paste your API Key(1) > Paste your Secret Key(2) > Once Reviewed select Secure Sync(3). 1% fees offered on CoinSpot, one of the best crypto exchanges in Australia, Swyftx is much higher. Litterly the only reason I invest in crypto on Coinspot is for the yield. New Tax Report by FIFO, LIFO, HIFO and LOFO. VICTORIA — Thousands of people in British Columbia saw their $1,000 tax-free COVID-19 benefit unfairly clawed back by the provincial government, says an. Enter the API Key Name Divly and select the API Key Type Read Only. 5 transactions are missing. Users can easily set up their CoinSpot account with KoinX, and it will take care of the rest. There you can select your wallet by searching for it or finding it in the list. The program allows the ATO to access data held by designated service providers, which includes crypto exchanges like Binance, CoinSpot, CoinJar and more. ZachXBT, a blockchain investigator, brought. If you have been asked to login or create an account to purchase something on Gumtree, Ebay etc. External statutory financial audit complete. Didn't have to worry about figuring out how to download a CVS file from Metamask. Please enter the details of your request. CoinSpot is registered as a legal Digital Currency Exchange (DCE) with AUSTRAC and is required to verify user identities, keep records, and share transaction details with the ATO. 5% on all business related income, after deductions. Categories. Under the CRS, tax authorities require financial institutions such as eToro to collect and report certain information relating to their customers’ tax status. You will then be redirected to the Password Reset page. Koinly will save you the headache of trying to calculate your crypto profits as it is all done for you, with a report included in under 20 minutes. Figure 8. API keys are generally used for assisting users with obtaining information on their gains and losses when submitting their tax return. Deposit funds into your account using one of the many AUD deposit methods available on CoinSpot. Furthermore, you. The main reports you will use. Please note that each user can create up to 30 API Keys. Casey Block Services Pty Ltd ABN 19 619 574 186 (trading as CoinSpot) is involved in the promotion and distribution of the Card and is a Corporate. Use the drop down to select the financial year you are looking to view reports for. The IRS updated its guidance in July 2023 to clarify the tax treatment of staking rewards. Accointing enables crypto traders and fans to import, track, and manage their transactions and create a tax report based on the user’s jurisdiction during tax season. Once you have obtained your CSV Files, Sign in or Sign up to CryptoTaxCalculator. 2% Tax Burn Proposal of the Terra Classic (LUNC) Network. This will help to troubleshoot the majority of app based issues. From the Menu, go to Profile, then select Transaction reports. BitMart Tax Reporting You can generate your gains, losses, and income tax reports from your BitMart investing activity by connecting your account with CoinLedger. $10 OFF. The goal with crypto tax software is to end up with a useable tax report. Your saved transaction jobs: You have no saved jobs. To ensure that the coins are sent in correctly, please also ensure the coins are sent via the correct Transfer. You must keep records of each of your crypto assets and every transaction, to work out whether you have a made a capital gain or loss. How tax applies to transactions involving non-fungible tokens (NFT), another type of crypto asset. The exchange shares all your necessary personal information and cryptocurrency asset-holding data,. CoinSpot Is Undergoing The 2022 Financial Report Audit. Generate a full crypto tax report with all your long/short term. Describe the problem: Tax report shows I have problem with 1 of the exchange - Coin Spot Wallet: CoinSpot (CoinSpot) Transactions: 1393 Imported with: API Start date is set No airdrops/forks found API does not allow access to: Migrations ---- Migrations are not provided by this API so you need to add those manually. CoinSpot, founded in 2013, stands as one of the longest-standing cryptocurrency exchanges in Australia. CoinLedger is another great Crypto tax tool for traders and investors looking for simple and intuitive crypto tax software. Instant Crypto Tax Forms. 02. Just want to get clarification (I understood there have been multiple questions around this and. A member of our support staff will respond as soon as possible. When you use the CoinSpot Platform, we ask you for the information we need to verify your identity and support such services provided on CoinSpot in order to facilitate the provision of buying, selling and trading digital currency. Switzerland: Valuation Report. CoinSpot Earn Tiered Rewards - (ADA Example 1 - Tier 1) Example 2. 5 million users and 223 employees, booked $503 million in revenue in the 12 months to end of June 2022, and $532. KNOWLEDGE BASE Demystify Crypto Taxes. 4. Once confirmed, the coins or tokens are instantly available in the applicable CoinSpot wallet. To reset your password, please head to the CoinSpot login page. While it’s based on the latest information. For example, legislation in the United States (Infrastructure Investment and Jobs Act (November 2021)) authorizes the U. CoinSpot Review Swyftx Review Best Crypto Exchanges Australia CoinSpot vs Swyftx. A step-by-step guide on how to generate your CoinSpot tax report with KoinX Step 1: Log in to your CoinSpot account. 28. 1%, but unfortunately you can only trade 16 coins there. Personalising the CoinSpot Mobile App Users who wish to personalise their CoinSpot Mobile App dashboard and other features are able to customise various settings within the app itself. Including Profit / Loss calculations, Unrealized Gains. To learn more about Crypto Tax Calculator. The trusted Australian platform. CoinSpot is the first Australian Cryptocurrency Exchange to audit their assets. There are 6 transactions that can be processed with CoinSpot and 5 are required for complete tax return information. We make it easy to buy and sell TRON no matter what your trading experience is. Select from the full list of coins, select your quantity in AUD. If you’ve had your crypto for more than 12 months, you may be able to discount your capital gain by 50% this opens in a new window . For example, if you make $100 profit, only $50 will be subject to CGT. Upload the csv file you just saved to import your data. 2 out of 5 stars from 1,938 genuine reviews on Australia's largest opinion site ProductReview. Some coins may require a Destination Tag/Memo ID or a Destination Tag/Memo ID + Manual Deposit form. CoinTracking - Portfolio Management and Crypto Tax Reporting for Bitcoin and all Coins. Your capital gain would be $3000 and this goes into the capital gains tax section of your tax return. Step 3: Go to the Wallets & Exchanges page and import your transactions by the following methods: API synchronization with the supported wallets/exchanges. For short-term gains on assets held for less than a year, you’ll pay between 0% to 45% in tax depending on how much you earn. Information to assist with tax reporting is free to download from your account. Capital Gains Tax: If you sold or swapped crypto on Swyftx, you’ll pay Capital Gains Tax on any gain. Please find the relevant article from the. 00% APY; Figure 3. Plans start at $59 for 100 transactions and go up to $389 for 10,000. Our CoinSpot tax calculator and portfolio tracker can analyze your trades history, calculate your taxes, and produce a tax report in the format required by your country's tax. Figure 1. 6 million for the year before. No, CoinSpot doesn't provide a tax report for the ATO. Coinspot please list more good Crypto projects that have at least 3 or 4 Zeroes included in the price action $. Be aware of your obligations to submit a yearly tax return and make sure you do em! I believe HnR block offer some free advice regarding tax obligations so it's worth giving them or a another accounting service call to discuss requirements re reporting. Income +/- Tradings Gains/Losses – Deductions = Assessable Income. Im not sure whether its my bank or Coinspot. The market value of the crypto you receive needs to be accounted for. For Online Tax Express clients, who use H&R Block software to prepare their tax return, CryptoTaxCalculator can be accessed at a 50% discount to their regular fee. There is no record of the original USDC acquisition. a record of the date of each transaction. Rated 4. Avv. Activities that amount to crypto asset transactions and how to treat your crypto asset investments for tax purposes. Figure 2. For paid plans, Koinly’s start at $49 per year for the basic plan, while CoinTracker’s basic plan starts at $59 per year. There are plenty of people on CoinSpot who are below this. Enter the unique API keys and Secret Key you received from the Binance Tax Report API. CoinSpot currently doesn’t issue tax documents and reports. CoinSpot Mobile App - Sending an External Wallet - (Send Button) 4. It is an automated tax computation source with over 40 million transactions. The goal with crypto tax software is to end up with a useable tax report. Figure 2. Ensure the promo code "32ZZXK" is applied. You may refer to this section on how to set up your tax settings page. Tax Report with CoinSpot & Syla - (Add Data Source) 4. You sell your UNI tokens at £5 a few months later, so you made £1,000. So, if you want to know how much tax you owe on your CoinSpot transactions, Accointing can help. 1. If the 'Reports & statements' option cannot be found, please try signing out of your CoinJar and back in. With a user-friendly interface and a wide range of supported currencies, CoinSpot makes it easy for both new and experienced traders to navigate the world of cryptocurrency. Check out ZenLedger. Navigazione toggleCoinspot is a scam. Purchase price was 1. Once you view your transaction history, download your tax report with the click of a button. CoinSpot is the first Australian Cryptocurrency Exchange to audit their assets. Every time you buy or sell a cryptocurrency, you will pay a trading fee of just 0. Whilst this article is based on the most recent information available from the ATO, the space is always evolving, and information provided may be subject to change. Enable 2FA for an extra layer of security to your CoinSpot. CoinTracker supports all the top exchanges, wallets, and over 2,500 cryptocurrencies. From 10am AEDT on the 8th of December to 5pm AEDT on the 15th of December, we will be doubling this bonus to $20 of Bitcoin each. CoinSpot is also GST-registered and must pay GST on income earned from. As for their new CryptoPunk NFT, the cost basis for that is how much it cost to acquire the asset plus any fees, so $13,934. External statutory financial audit complete. 1. This means you can get your books up to date yourself, allowing you to save significant time, and reduce the bill charged by your accountant. Once you have uploaded your files you will see the below “import complete” box. If you have been asked to login or create an account to purchase something on Gumtree, Ebay etc. Get Code. Despite the emergence of competitors like Swyftx and other leading Australian crypto exchanges, CoinSpot maintains its position as the largest and. Built to comply with Aussie tax standards. Crypto Tax Australia Guide 2023. How tax applies to transactions involving non-fungible tokens (NFT), another type of crypto asset. Selling after 12 months would qualify you for long-term capital gain tax, where you get a 50% discount. KoinX is one of the most trustworthy sources for it. However, you must pay to download a tax report or generate ATO tax reports. These can be found in the Order History section of your account. Select My Account Menu(1) > Then select Order History(2). Crypto. This is: your total capital gains. Then, work from the beginning (chronologically), ensuring that it has the following: . *****. I did some crypto back in Dec 2017 - Feb 2018 (only around 12 days worth) - I have over 300+ transactions (mostly crypto to crypto transactions) in that period of time from coinspot. There are 3 important CoinSpot tax CSV files that you need to download to get your transaction history from CoinSpot: Buys/Sells CSV; Sends/Receives CSV; Affilliate Payments CSV Crypto Tax Calculator for Australia. CoinSpot Bundles. To create a wallet, go to the Wallets page and click on Add Wallet. In order to create a Self Managed Super Fund account on CoinSpot you will need the following: Drivers Licence or Passport (All Directors & Individual Trustees) Registered Trust name & address. Navigazione toggle. CoinSpot has the following tax reports: CoinSpot tax statement PDF CoinSpot tax CSV CoinSpot tax report API Do you have to pay tax on cryptocurrency? For most. 21 and sell price was 1. 4 million. So cost = $10,000 x 0. Please note that you should always check the ATO/Business. Koinly – Best overall. Buy NFTs using any crypto with CoinSpot. Koinly – Best overall. From here you will be. 5%. Connect CoinSpot to Binocs by importing your transaction history via API integration or uploading a CSV file. Accepted Verification Documents - (Medicare Card. Simply connect your exchanges, import trades, and download your tax report in minutes. Step 1. I figured out you are meant to encode the postdata in correct json format using sha512 and add that to the sign header. equifax credit report symbols. The Australian Tax year will be operating between 1st July 2021 - 30th June 2022. 2. Trusted by 2,000,000 members Verified. After evaluating the best cryptocurrency exchanges in Australia, we found that CoinSpot is the most popular one for crypto purchases with debit cards. Tax time can become less stressful with Independent Reserve thanks to the exchange’s in-built KPMG tax tool. CoinSpot’s Markets offer Australia’s lowest fee of 0. io, Syla, koinly. Please note that you must be registered customer to use the API, registering is free and only takes a minute, you can register here . 3. For your crypto assets, you should keep: receipts when you buy, transfer or dispose of crypto assets. Figure 5. Hi, CoinSpot provides multiple options for trading, besides our instant buy/sell we also provide a Market trading experience with a fee of 0. At the top right click on the drop down menu on your account information and select Order History. The Australian Taxation Office (ATO) requires CoinSpot to report certain cryptocurrency transactions. Figure 1. This is first time its been this long going on 48 hours now and still waiting. CoinSpot Mobile App - AUD Withdraw - (Withdraw AUD) 2. JPG or . Users can easily set up their CoinSpot account with KoinX, and it will take care of the rest. To protect yourself, please consider the following when sending your funds from your CoinSpot account as these points may indicate the offer is not legitimate. Please follow the visual guide provided below to locate your.