Coinspot vs Flipster: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Coinspot and Flipster This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Coinspot

Flipster

⚠️ We look for what’s best for you.

₿ Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

👉 Start here and explore the crypto offer.

Available Countries

United States

Europe

Latin America

India

China

Canada

United Kingdom

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

Thinking about starting with crypto? This is for you.

In select regions, eToro offers a $10 welcome bonus when you open an account today.*

🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

Coinspot is ideal if:

Perfect for Australians starting crypto — it offers seamless AUD deposits, instant buy/sell options, and a clean, intuitive interface that’s beginner-friendly.
Great for diversifying with ease — features like crypto bundles, an NFT marketplace, staking, SMSF support, and a CoinSpot Mastercard let you explore beyond basic trading.
Built around security and reliability — with ISO 27001 certification, extensive audits, 2FA, cold storage, geo-locking, and real-person live support, you trade with confidence.

Flipster is ideal if:

For active perp futures traders: Built for speed and precision, Flipster boasts ultra-fast execution, deep liquidity, and zero-fee perpetual contracts—ideal if you thrive in fast-moving markets.
If you value capital efficiency on the go: You can trade and earn simultaneously—your USDT balance works as margin and earns rewards—adding flexibility and impact to every trade.
Looking for a seamless, intuitive experience: With features like Instant Flip (one-click position reversal) and a clean, responsive interface across web and mobile, Flipster caters to both beginners and seasoned traders.

Coinspot isn’t ideal if:

Not suited for advanced traders — lacks tools like leverage, futures, or advanced charting, limiting strategic options for experienced users.
Australian market only — only supports AUD and residents in Australia, so if you're abroad or need multi-currency support, it falls short.
Higher fees for instant trades — instant buy/sell functions tend to cost more than typical trades, which can add up if you trade often.

Flipster isn’t ideal if:

You're looking for fiat convenience: Flipster doesn’t support fiat deposits or on-ramps—crypto-only funding may be inconvenient for new users or those transitioning from traditional banking.
Spot trading simplicity is your priority: Spot trading options are very limited—just half-a-dozen cryptocurrencies—making it less suitable for casual or passive traders.
You prefer anonymity or instant access: KYC (identity verification) is mandatory before accessing any trading features, which may be a barrier for privacy-conscious or speed-seeking users.

Fees & Total Costs

Spot Maker/Take

CoinSpot uses a flat spot fee model, meaning both taker and maker trades carry the same simple rate that applies across volume tiers—there are no separate maker/taker tiers and no discounts for holding or using a native token.

Flipster applies a flat taker fee for both spot and perpetual futures, starting at around 0.05%, with tiered VIP discounts reducing rates further for high-volume or high-balance users—making its maker/taker model very cost-competitive across both markets.

Futures/Derivatives

CoinSpot does not support futures or derivatives trading, so there are no associated maker, taker, or funding costs to consider.

Perpetual futures follow the same fee structure as spot (starting ~0.05% with VIP reductions), and funding occurs roughly every eight hours—fees are simply exchanged between longs and shorts without additional platform markup, rewarding those who time entries well.

Average Spreads on Liquid Pairs

Liquid pairs on CoinSpot typically incur spreads that are broader than those on ultra-tight global venues, reflecting its convenience-first design; users can expect modest spreads that offset the simplicity and security of the platform.

Flipster offers zero spreads on major perpetual pairs like BTC/USDT and ETH/USDT, delivering highly efficient execution with minimal slippage for active traders.

Fiat Deposits & Withdrawals

You can fund your account via AUD options like PayID, POLi, BPAY, or cash—some are free, while others carry small percentage-based charges—with varying processing times from instant to same-day; withdrawing AUD to your bank is free and typically completes within one business day.

The platform doesn’t support any fiat deposit or withdrawal methods, operating exclusively in crypto—so no fiat-related delays or costs, though that means a crypto-to-fiat conversion must happen elsewhere and externally.

On-chain Withdrawals

Crypto withdrawals on CoinSpot pass network fees that vary dynamically based on the specific blockchain’s load and conditions; there are no flat or inflated internal fees, just the actual network cost.

Crypto withdrawals incur fixed network-based fees—varying by network and token (for example, BTC or TRX)—reflecting actual blockchain costs rather than platform surcharges, with some networks even offering zero internal fees.

Hidden Costs

CoinSpot maintains a transparent fee structure—there are no hidden costs such as inactivity charges, forced conversions, or express KYC surcharges, making costs predictable and visible upfront.

Flipster is transparent with minimal hidden expenses—there’s no inactivity fee, no express-KYC cost, and no internal currency conversion charges; users only face standard blockchain network costs or any external exchange fees if they bridge between platforms.

Real-World Cost Example: “€500 BTC

If someone were to convert approximately €500 worth into BTC—accounting for the platform’s combined trade execution cost plus spread and then withdrawing that BTC on-chain—the total cost would reflect the modest premium built into the execution rate, as well as the actual network fee, without surprise mark-ups.

Let’s assume converting €500 via an external fiat gateway into USDT before buying BTC on Flipster

Crypto Offering & Trading Features

Number of Coins & Pairs

CoinSpot offers an extensive cryptocurrency selection—over 530 tradable assets according to one source—though trading pairs are more limited, generally allowing trades against AUD or crypto swaps; the top 20 coins by volume include major names such as BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TRX, AVAX, LTC, etc. (list adapted from platform data).

Flipster offers over 300 total trading pairs across its spot and perpetual markets, with the top 20 by volume dominated by major names like BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, TRX/USDT, and TON/USDT.

Product Range

CoinSpot focuses primarily on spot trading, offering features like staking (via CoinSpot Earn), crypto bundles, an NFT marketplace, and an OTC desk; it does not support margin, futures/perps, options, crypto ETFs, loans/margin loans, copy-trading, grid bots, or automated DCA (beyond recurring buys via bundles).

The exchange supports spot trading (limited to the six major coins noted), a wide range of perpetual futures with up to 100× leverage, plus yield products via its Earn Campaign and Launchpool—but it does not currently offer options, ETFs, copytrading, staking, lending, grid bots, or fully automated DCA.

Liquidity

CoinSpot does not publicly publish exact 24-hour trading volume or detailed order-book depth metrics for pairs like BTC/AUD or ETH/AUD, but as the largest exchange in Australia by volume, its liquidity for these major coins is generally adequate for retail trades, though deeper volumes and tighter spreads can typically be found on international exchanges.

Flipster delivers deep liquidity and tight execution for BTC/USDT and ETH/USDT pairs, with 24-hour volumes often exceeding $100 million on top pairs and robust order-book depth, ensuring minimal slippage even for large trades.

Tools

CoinSpot provides basic order types like market, limit, and stop-loss, along with user-friendly charts, but it lacks advanced trading tools such as OCO orders, real-time alerts, a public API or WebSocket feed, and does not embed TradingView charts within its interface.

Users benefit from a full suite of advanced tools—including limit, market, trigger (stop/stop-limit/OCO), and recurring buy orders (enabling basic DCA), plus charting with built-in analytics, Instant Flip for position reversal, and a smooth API/websocket infrastructure—though TradingView isn’t natively integrated.

Geographic Restrictions by Product

CoinSpot has innovated with features like crypto bundles and an NFT marketplace, but it does not offer launchpad or launchpool programs. Its Earn (staking) service allows users to stake certain cryptocurrencies for variable rewards, but primarily in a flexible model without mandatory lock-periods.

Certain features, especially derivatives, are restricted in specific countries—Flipster is completely unavailable to U.S. residents and likewise limits access in various jurisdictions under regulatory constraints.

Innovation

CoinSpot is operated by Casey Block Services Pty Ltd, established in 2013 and headquartered in Victoria, Australia, functioning under Australian corporate and financial jurisdiction.

Flipster stands out with its Launchpool feature for early access and rewards, and its Earn campaigns which offer flexible, non-locked APR rewards on USDT balances—all delivered without interrupting trading capabilities.

Security, Regulation & Custody

Operating Entity & Jurisdiction

The exchange is officially registered with AUSTRAC as a Virtual Asset Service Provider, fully compliant with Australia’s regulatory framework for digital currency platforms—though it does not fall under EU’s MiCA as it operates only within Australia.

Flipster is legally structured under Flipster Corp, with its operational headquarters in Warsaw, Poland, and was founded in 2021—positioning itself within a well-regulated European tech environment.

Licenses/Registration

Digital assets are held in-house with stringent custody measures—most funds are stored offline in cold wallets, the platform undergoes regular external security audits, and it has repeatedly achieved ISO-certified compliance for its information security.

Flipster is registered and recognized as a Virtual Asset Service Provider (VASP) and holds ISO/IEC 27001 certification, aligning with international data security standards; additionally, it holds an AA rating from CER.live, signaling strong institutional-grade security practices.

Custody

CoinSpot performs regular security audits and penetration tests, and a substantial majority of client funds are kept in cold storage to maintain high safety; however, it does not currently publish a formal Proof of Reserves or a precise percentage breakdown of cold vs. hot holdings.

The platform uses institutional-level custody powered by Fireblocks with MPC and cold storage, ensuring robust asset protection; it publishes daily, independently verifiable Proof of Reserves via Merkle tree snapshots, confirming a full 1

Insurance & Protection Funds

The platform does not advertise any explicit insurance coverage or protection fund for user assets, focusing instead on technical security and operational transparency as its core safeguard.

Flipster maintains an insurance fund and adheres to enterprise best practices like penetration testing and continuous security audits, creating multiple defense layers to safeguard user assets.

Incident History

In 2023, CoinSpot experienced a security breach involving theft of assets from its infrastructure, yet user funds remained fully protected and insurance or operational resilience prevented customer losses.

Flipster has demonstrated proactive incident response—blocking deposits associated with known hacks and reinforcing defenses using Chainalysis—without any reported major hacks or regulatory penalties to date.

Risk Controls

Security features include multi-factor authentication, withdrawal restrictions, customizable session timeout settings, and anti-phishing advisories, though it lacks advanced tools like sub-account management or fine-grained API permissions.

Security features include mandatory two-factor authentication (2FA), dynamic whitelists, anti-phishing mechanisms, and granular API permissions, all supported by a zero-trust internal model and real-time threat detection infrastructure.

Transparency

CoinSpot provides periodic security updates and insights into its protocols, but it does not publish monthly financial statements, open wallet addresses, or formal service-level agreements for uptime or support response times.

Flipster emphasizes transparency through publicly accessible daily reserve reports, frequent audits, and visible wallet proof-of-reserve data—though it doesn’t currently provide formal monthly transparency reports or a public SLA.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

CoinSpot allows AUD deposits via PayID, OSKO, POLi, BPAY, direct bank transfer, credit/debit card, and cash through Blueshyft; PayID, OSKO, and POLi are often fee-free and instant, BPAY and cards come with small fees (0.9–1.9%), and Blueshyft is instant with higher fees; daily limits (e.g., for POLi up to ~AUD 20,000 or BPAY ~AUD 5,000) vary by verification level and processing times range from instant to same or next business day.

Flipster does not support fiat deposits—no bank transfers, cards, or e-wallets are available. All funding must occur via cryptocurrency, so there are no fiat minimums, maximums, or processing times to consider.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

Users can deposit and trade on CoinSpot with minimal identity verification, but higher limits—such as larger daily deposit or withdrawal caps—require full KYC (ID verification plus 2FA); specific requirements and thresholds vary, and are adjusted based on your verification status.

Flipster enforces a multi-level KYC verification process—from basic personal info to ID, proof of address, and source of funds—with each level unlocking full access to trading, deposits, and withdrawals; no tiered trading is allowed without KYC completion.

Withdrawals

Withdrawals of AUD to local bank accounts are free and typically arrive within one business day; crypto withdrawal limits depend on your verification status and are not publicly stated—CoinSpot supports standard networks like ERC-20, TRC-20, BEP-20, etc., with dynamic blockchain fees and no added platform markup.

Withdrawals are capped at a maximum of $1,000,000 per day or per transaction, and support multiple networks like ERC-20, TRC-20, BEP-20, etc.; processing times depend on network congestion, and increasing your limit triggers a mandatory 24-hour security hold.

Customer Support

CoinSpot provides 24/7 live chat support and email help desk with generally fast response times, along with a comprehensive help centre and FAQ articles, offering reliable assistance for most user questions.

Flipster offers responsive 24/7 support via live chat and email, along with a comprehensive Help Center and FAQs—users experience generally quick replies alongside self-service resources to resolve common questions.

Languages & Localization

The platform operates in English only and is localized for Australian users—fees and balances are shown in AUD, not in EUR or USD, and it follows Australian regulations (AUSTRAC compliance) rather than frameworks of other regions.

The platform is primarily in English, displays values in USD/crypto, and lacks localized fiat pricing or regulatory messaging tailored to specific countries—reflecting its crypto-native global orientation.

App Quality & Stability

CoinSpot’s mobile app for iOS and Android is generally praised for its stability and user-friendly interface, maintaining high ratings on app stores; while exact crash rates or update logs aren’t disclosed, the app receives regular updates that align with user experience improvements.

Flipster’s mobile apps for Android and iOS are stable, mirror the desktop experience seamlessly, and are frequently updated—user reviews highlight their smooth performance and intuitive interface with minimal crashes.

Experience, Performance & Ecosystem

UX/UI

CoinSpot provides an intuitive, approachable interface that minimizes the learning curve for new users, with clean menus and seamless navigation, though it doesn’t offer separate Lite or Pro modes—rather, its single unified UI is designed to be simple yet functional for most users

Flipster delivers a sleek and intuitive interface that’s easy for beginners to pick up, yet powerful enough for pros—though it doesn’t offer separate “Lite” or “Pro” modes, its uniform design balances simplicity and advanced functionality in one accessible layout.

Performance

The platform maintains reliable performance with fast load times and responsive trade execution, though like many exchanges, it may experience minor delays or slowdowns during extreme market volatility; swift KYC processing generally handles volume surges effectively, helping keep onboarding wait times short

Engineered for speed, Flipster provides ultra-fast, sub-millisecond order execution with zero spreads on major perp pairs—even during volatile spikes—and although high-demand periods may slow KYC, trading performance remains reliably smooth for approved users.

Education

CoinSpot does not feature formal education tools such as an academy, demo trading environment, or simulator, nor does it offer content in Spanish—its learning resources are limited to general help articles and FAQs that are all in English.

While Flipster doesn’t offer a demo or simulator, it makes up for it with a helpful blog, glossary, and educational guides in its Help section—though content is primarily in English, with no dedicated Spanish-language academy or tutorials yet available.

Community

While CoinSpot maintains active social profiles (e.g., Twitter, Reddit, Instagram), it does not operate its own community platforms like Discord or Telegram nor an official referral program; community engagement is mainly driven via external forums and user reviews

Flipster fosters a strong community through its official Telegram channel and social features—users can set up profiles, share trades, mirror others, and participate in referral and affiliate programs that reward engagement and exposure.

Integrations

CoinSpot does not support integrations with TradingView, external trading bots, or tax/accounting tools—its ecosystem remains self-contained, with no publicly available API or advanced third-party linkages.

The platform doesn’t include native TradingView or tax tool integrations, but it supports external bot access via robust API/websocket infrastructure, enabling power users to connect and automate strategies with external tools.

Who Each One Is Best For

CoinSpot excels for beginners and intermediate traders in Australia who prioritize ease of use, quick deposits, and a broad range of assets over advanced trading features or a connected trading ecosystem.

Flipster suits active perpetual traders and volatility chasers who prize execution speed and deep liquidity, while passive earners and social traders benefit from Launchpool and referral tools—less ideal for those seeking fiat, derivatives beyond perpetuals, or localized learning content.