This was posted 1 year 9 months 14 days ago, and might be an out-dated deal.

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Double Referral Bonus: A$20 Worth of BTC for Referee & Referrer (Registration & First Deposit by Referee Required) @ CoinSpot

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Double Referral Bonus: A$20 Worth of BTC for Referee & Referrer (Registration & First Deposit by Referee Required) @ CoinSpot
Go to Deal
83ams on 08/02/2023 - 18:54 coinspot.com.au (384 clicks)
Last edited 08/02/2023 - 20:53 by 1 other user

CoinSpot is at it again and starting early with their Valentines Day ❤️ bonus referral credit, for new users signing up and making a deposit.

Referral is normally $10 so this is double! Link currently still shows $10, but they've mentioned on Twitter of the double referral: https://twitter.com/coinspotau/status/1623222969853181953

Use a referral code from the OzB referral system and spread the love this Valentines Day! 🥰

Register and ensure there is a promo entered (remember, use the OzB referral system!)

  • Verify your identification (Drivers Licence or Passport), this was pretty much instant for me
  • Make a deposit
  • Reward is nearly instant after deposit is received

There is plenty of options for making a deposit, including:

  • POLi
  • PayID
  • BPAY
  • Cash Deposit (@ Newsagents)
  • Direct Deposit

CoinSpot also supports withdrawals, they need your bank details for this (BSB, Account Name & Number).

Referral Links

Referral: random (441)

A$10 worth of Bitcoin for referrer and referee.

This is part of Valentine's Day Sales for 2023.
Financial Cryptocurrency Valentine's Day

Related Stores

CoinSpot
CoinSpot

closed Comments

  • huntress_love on 08/02/2023 - 19:04
    +2

    how much do we need to deposit, can it be cryto?

    • bobwokeup on 08/02/2023 - 19:17
      +1

      Just checked my account and it says must be AUD but doesn’t say there is a minimum so I’d do $10 to be safe.

      • 83ams on 08/02/2023 - 19:43

        Last people were doing as little as $1 and getting the deposit bonus.

        • bobwokeup on 08/02/2023 - 19:49

          Yeah fair enough. I guess it doesn’t matter if they’re just going to withdraw it straight away.

  • StorminNorman on 08/02/2023 - 19:24
    -6

    More than 95% of traders lose money. The budget for these companies for a new mark is about $1,000.

    • c0dingmachine on 08/02/2023 - 19:26
      +16

      So…. don't trade then? I took the free money from coinspot before and never used them since.

      • bobwokeup on 08/02/2023 - 19:34
        +2

        Same

      • StorminNorman on 08/02/2023 - 21:23
        +2

        Why not allow betting company promotions here too then?

        • c0dingmachine on 08/02/2023 - 21:43
          +5

          Putting aside the rules for posting gambling promotions here, betting companies require turnover (i.e. you are forced to gamble to take advantage of deposit/sign up promotions), and this is clearly different from depositing and receiving withdrawable money.

          Even if you were forced to buy some form of crypto, buying crypto temporarily is not a singular event which means the likelihood of losing your entire deposit in 1 go for the purpose of receiving promotional money is significantly less in comparison to gambling. In other words, the risk is markedly lower (for the purpose of this promotion).

  • ninnypoop on 08/02/2023 - 20:22
    +13

    Took about 5 mins in total to get $20 BTC. I transferred $1AUD into the account via payID. Thanks OP

  • OzBerghainer on 08/02/2023 - 20:44
    -2

    Stay away from this mob. They hate anyone who takes the coins straight off the exchange. They put transactions on hold and banned me

    • UberIsCool on 08/02/2023 - 21:47
      +3

      This is absolutely untrue. People have been using them for years with no issue

      • askbargain on 08/02/2023 - 21:49

        True or not, if they don’t allow purchasing directly into a wallet, that’s a red flag.

        • bobwokeup on 08/02/2023 - 22:14
          +1

          Not purchasing into a wallet but @OzBerghainer was claiming it’s on withdrawals. I’ve never heard that before. CoinSpot is expensive to use but they are reputable.

  • stevednj48 on 08/02/2023 - 20:55
    +4

    When I signed up I deposited $1 to get my Bitcoin. Worked with no issues.

    • soulink on 08/02/2023 - 21:23

      How long did it take for the btc to appear?

      • MiscOzB on 08/02/2023 - 21:48
        +1

        Took about 5 mins or just over for me.

  • geshc on 08/02/2023 - 21:00

    how do I withdraw? It says I only got $1 in my account available.

    • MiscOzB on 08/02/2023 - 21:49
      +1

      After you get it you can sell the btc right away then withdraw.

  • Lucille Bluth on 08/02/2023 - 21:37
    +8

    Lol at someone reporting this deal as

    1 for Illegal/Inappropriate

    Don't waste the mod's time making frivolous reports, especially with CoinSpot being already approved and in the referral system.

  • Jessie Ryder on 08/02/2023 - 22:58
    +3

    It's only time before it's CoinSpots turn.
    Everyone here was saying Celsius was all good, next they said FTX was all good……

    • Franc-T on 09/02/2023 - 05:04

      Well the whole crypto market is a house of cards as it doesnt really produce or add anything apart from a few very minor use cases….aside from the whole market being rife with bad and even worse actors

      That said if you can be arsed (I cant) its an easy way to make a little cash.

    • rarelyscene on 09/02/2023 - 09:58
      +1

      As someone who has had funds with all three, I think they are pretty different.

      Celsius was paying savers very high interest rates compared with with they were charging borrowers as well as limiting borrowing to 0.25 LVR from what I could see, when the market dropped surely that dried up demand by borrowers.

      FTX was straight up just committing fraud, instead of just taking a small cut from each transaction like what CoinSpot purports to do, they were instead funnelling the coins into their trading company which was taking huge losses on them during the downturn. They were offering people who kept coins on the exchange 8% annual returns while not giving any information on how they achieved this, which should have been a huge red flag.

      In theory if CoinSpot sticks to just being an exchange between traders while skimming a fee above their costs then they should stick around while volumes remain sufficient. They also undertake third party auditing. In any case for further protection, buyers can make purchases on CoinSpot and then transfer their coins cold storage. Besides convenience, there is no other reason to keep coins on CoinSpot as they do not offer a return for doing so like Celsius and FTX did.

  • Cluster on 08/02/2023 - 23:51
    +3

    I've had no problems using CoinSpot in the past. Quick and reliable.

    I'm out of the market however after booking modest profits. 99.9% of crypto is nothing but trash and scams. Beware.

  • amsaini15 on 09/02/2023 - 06:44
    +2

    I have now become reluctant giving too much information like dob and DL for mere 20 bucks. Pass

    • mousie on 09/02/2023 - 07:19

      I'm the same, it's a fair chunk of KYC stuff for not much.

      • RBZ10 on 09/02/2023 - 18:57
        +1

        Exactly, they want the data to sell to others or to prop up their numbers saying we have x amount of users we are legit trust us.

        $20 is a steal of a transaction for them, i work in database marketing and can tell you the value of each user is way higher than $20.

  • DontNeedThis on 09/02/2023 - 07:39
    -1

    Not sure if I can trust a crypto company with my driver's license.

    • codyy on 09/02/2023 - 08:40
      +1

      coz telco's and insurance companies are more reputable

      • DontNeedThis on 09/02/2023 - 10:11

        Getting hacked is different from stealing.

        • codyy on 09/02/2023 - 11:59
          +1

          yes largest aus crypto company that has been around since 2013 is going to steal your drivers licence

  • rokufan on 09/02/2023 - 18:38
    +3

    Signed up for last year's Valentine's $20 bonus. Just checked the app and I have received another $20 today from a referral, someone here must have used my referral code. Thanks OzBargain!

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