Coinspot has doubled the Bitcoin referral rewards for Christmas, was $10 now $20 AUD.
Ends 15th December, 5pm AEDT
Require small deposit $1 > and KYC
CoinSpot $20 Double Referral Bonus
180
shadowangel on 08/12/2022 - 22:50 coinspot.com.au (114 clicks)
Last edited 09/12/2022 - 08:04 by 1 other user
Last edited 09/12/2022 - 08:04 by 1 other user
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Referral: random (810)
A$10 worth of Bitcoin for referrer and referee.
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Damn… Just wait until my phy wallet arrive lol
Lmao
Withdraw.. cash or Bitcoin.
Do u know the fees on coinspot? They arent going anywhere, still wouldnt leave funds there. You ozbargainers got any good ramp off schemes? Gift cards > deals > local cash sales?
3…..2…….1
Got an email tonight Digital Surge is in Administration, got the free bitcoin money on Ozbargain. Checked it was only $4 now, think it was free $10 LOL
Unfortunately they had coins on ftx for trading (swap, buy, sell).
Check the withdrawal fees for the exchange and withdraw.
They should never have had coins on FTX for trading. >:(
Unfortunately, I think most exchanges use customer deposits to trade on other exchanges. i.e. They operate as fractional reserve exchanges.
In turn those exchanges use those same deposits, to trade on other exchanges again. And that other exchange does the same thing on another exchange. This continues til an honest exchange is hit. :/
And so until regulation happens, we will see exchanges going under every bear market, as they run out of real liquidity.
from the email
The directors of Digital Surge have developed a proposed rescue plan which, if accepted by creditors, includes:
- a payment in excess of one million dollars by company directors which would not occur if the company went into liquidation;
- profits from Digital Surge being applied to customer balances for the next 5 years;
- customers with balances of less than $250 paid in full as a priority; and
- customers keeping their remaining digital currency balance and not facing involuntary taxation events, which would likely occur if the company went into liquidation.
Exercise caution with this offer, and continued dealings with centralised exchanges such as CoinSpot. I'd personally only use it for the referral bonus, and withdraw that bonus as soon as it becomes available, whether it be withdraw to a Cold Wallet or convert to AUD and cashout
As the good saying goes, not your keys not your crypto…
FTX (Previously second biggest crypto exchange), BlockFi, 3AC, Celsius, Voyager etc went insolvent within the last few months and billions of customer funds are unable to be withdrawn due to no regulation in crypto. The money kept on those centralised exchanges basically went POOF with little to no chance of getting it back.it's anyone's guess which will be next, and CoinSpot definitely isn't exempt.
This guy gets it
Not quite, he's not pointing to the bigger issue, that is crypto as a whole (or is that a hole?).
holding crypto on exchanges is an anti-thesis
Crypto or bancrypto?
ban …
Digital Surge gone tits up
All I want is an easy way to buy crypto without having to provide personal identification details for them to leak.
Don’t we all?
there a plenty of non-kyc exchanges out there but those come with their own risks as well..
Desperation. ( depreciation ) time
Did Coinspot trade on FTX too?
Damn, how many billions you reckon SBF got from the downfall?
Too much!
When will coinspot go down ?