At a Glance
The MPF Quality Score, broken down
Coinstash scores 85 on the MPF Quality Score. We do not hand out a number on a hunch, so here is exactly how it is built across the five weighted pillars. See how we calculate this →
- ✓ Fees & value Fees from 0.6% with free AUD deposits, falling with membership tier. 25/30
- ✓ Security & custody Custodial with Fireblocks and Ledger Enterprise, but no ISO 27001 or SOC 2. 20/25
- ✓ Product, liquidity & features 1,000+ coins, one of the widest ranges of any Australian platform. 18/20
- ✓ Track record & reputation Operating since 2017 with strong, high-volume reviews. 13/15
- ✓ Regulation & transparency AUSTRAC-registered (DCE100575420-001); no ASIC licence. 9/10
Verified business details
Before we score a platform we confirm who is actually behind it. Here is what the public registers say about Coinstash.
Business identity confirmed against the ABN Lookup register: coinstash.com.au is operated by TWMT Pty Ltd, trading as Coinstash AU (ABN 76 621 581 584). Coinstash is a custodial exchange registered with AUSTRAC.
Reputation across the web
We do not lean on a single star rating. We cross-check Coinstash's reputation across the major independent platforms, so one cherry-picked score cannot tell the whole story. Figures below were checked on 16 July 2026 and move daily.
Coinstash rates consistently well across every major platform (4.4 to 4.8), one of the stronger review profiles among the smaller Australian exchanges.
What is Coinstash?
Coinstash is one of those newer crypto exchanges that’s popped up with a clear focus: making it easy for Aussies to buy and sell crypto. It’s only available in Australia for now, but the team behind it has hinted they’re looking to expand overseas in the future.
It kicked off in 2017 and has been all about keeping things simple and accessible since day one. One thing I noticed straight away is that their customer support is actually good — they’ve put in the effort, which is a nice change from the usual “submit a ticket and hope for the best” vibe you get with other exchanges. On top of that, Coinstash is fully registered in Australia and operates under an Australian Financial Services Licence (AFSL) — a solid tick when it comes to trust and compliance.
It’s also been featured in some mainstream media lately, so it’s not just flying under the radar anymore. It’s definitely getting a bit of traction beyond just the hardcore crypto crowd.
My Overall Thoughts on Coinstash
Alright, so Coinstash isn’t perfect. The fees are a bit high, and the deposit options could be broader — but overall, it’s a solid option for everyday Aussie users, especially if you’re new to crypto or just want a clean, easy experience. Here’s what stood out to me:
1) Massive range of cryptocurrencies
You’ve got access to over 1,000 different coins. That’s a huge variety and gives you a fair bit of freedom whether you’re keen on the big names or want to dabble in smaller, niche projects.
2) Customer support that actually responds
The live chat function is available every day, and it actually works. No waiting days for a reply — just quick answers when you need them, which is super handy if you’re not a tech wizard.
If you’re keen on exploring other platforms too, I’ve done a write-up on the best crypto exchanges in Australia, which compares Coinstash with a few of its competitors.
Key Features & Advantages of Coinstash
If you’re in Australia and want a stress-free way to get into crypto, Coinstash is honestly a good starting point. It’s simple enough for beginners but still has enough on offer to keep intermediate users interested. Here’s what I liked:
- Quick buy, sell and swap
- Over 1,000+ cryptocurrencies available
- DeFi Connector so you can buy/sell DeFi coins
- Simple and advanced trading charts
- Fast and reliable deposit and withdrawal methods
- Trouble-free user interface
- Automatic purchase (recurring buys)
- Great referral program
- Free fiat deposits and withdrawals
- Premium customer support with Live Chat
- Strict security measures
Negatives & Disadvantages of Coinstash
No exchange gets it all right, and Coinstash is no different. A couple of things that might be deal-breakers for some:
- High trading fees of 0.85%
- Limited deposit options available
What Services does Coinstash offer?
Here’s a rundown of what Coinstash actually gives you access to once you’re signed up:
Quick buy, sell, and swap: This is probably what most beginners will use — and it’s dead simple. After you verify your account with ID, you can start buying crypto instantly. There’s also a swap option where you can switch one coin for another without having to sell and rebuy. Pretty convenient if you decide to pivot mid-hold.
Access to 1,000+ cryptocurrencies: This is where Coinstash really stands out. With over 1,000 coins listed, it has one of the widest selections in Australia. You’ve got your usual suspects — Bitcoin, Ethereum, XRP — but also loads of altcoins and smaller projects.
They’re good at keeping things up to date too, constantly adding new assets as the market evolves. It’s great if you like experimenting with up-and-coming coins or just want to keep your portfolio diversified.
DeFi Connector access: In 2022, Coinstash rolled out its DeFi Connector, which gives you access to 500+ decentralised finance coins — most of which you usually need MetaMask or an external wallet to get.
But here, it’s all integrated within Coinstash. No browser extensions, no gas fees, no stuffing around with external platforms. It’s perfect if you’re curious about DeFi but don’t want to dive in headfirst.
Trading charts for all experience levels: Whether you’re a first-timer or someone who’s been around the block, Coinstash has trading tools that’ll work for you. You’ve got basic charts for a quick snapshot, or you can switch to more advanced tools with indicators and depth data.
It’s not as in-depth as some pro trading platforms, but it’s more than enough for most everyday users.
Fast and reliable deposits and withdrawals: You can deposit via Aussie bank transfer or PayID, and once you’re verified, deposits clear quickly. Crypto withdrawals were also smooth in my experience.
The first time you deposit might be a little slower because of ID checks, but once you’re through that, the process is quick and reliable.
User-friendly interface: Coinstash’s layout is definitely one of its stronger points. It’s clean, intuitive, and easy to navigate — which makes a big difference if you’re new to the game.
Advanced traders might find it a bit too basic, but for 90% of users, it’s got everything you need right where you’d expect it.
Recurring buys (Automatic purchases): Coinstash supports recurring purchases, which is ideal for dollar-cost averaging. You just set how much you want to invest and how often, and it takes care of the rest.
It’s a smart way to build your position over time — especially if you’re not one to sit around watching charts all day.
Great referral program: Coinstash’s referral program is actually one of the better ones I’ve seen. You can earn 33% to 55% of the trading fees paid by anyone you refer, and those rewards don’t expire.
There are three levels to the program, and the higher your referral activity, the more you earn. Could be worth it if your mates are also getting into crypto.
Live Chat support: Customer support is one of the few areas where Coinstash genuinely outshines most of its competitors. They’ve got live chat available every day from 9am to 11pm, and they’re quick to respond.
For new users especially, having someone to talk to in real time can be a massive help.
Strong security and regulatory compliance: Before you can trade, you’ll need to go through ID verification, which is standard for any legit platform in Australia. On the backend, they use solid security systems to keep your data and funds safe.
Being registered under an AFSL licence also adds another layer of accountability and oversight, which helps build trust.
What I don’t like about Coinstash
A few things you should know before jumping in:
High trading fees (0.85%): This is probably the biggest downside. 0.85% per trade is high compared to the likes of Digital Surge or Swyftx. You can technically reduce it to as low as 0.13%, but there’s no clear info on how to qualify.
I even asked their live chat, and they couldn’t give a proper answer — just a vague “it depends on your volume and account status”. So yeah, a bit of a grey area.
Limited deposit methods: At the moment, your only choices are bank transfer or PayID. There’s no card payments, PayPal, BPAY or anything else — which could be a turn-off if you’re used to more flexible platforms.
Coinstash Fees
Coinstash Deposit Fees
- Bank transfers & crypto deposits: Free from Coinstash’s side
- Your bank might still charge something, so check first
Coinstash Trading Fee
- Flat fee: 0.85% on every trade
- Can go down to 0.13% (allegedly), but no clear info on how
Coinstash Fiat Withdrawal Fees
- AUD withdrawals to your bank account: Free
- Any extra costs would come from your bank, not Coinstash
Coinstash Crypto Withdrawal Fees
- Varies by coin, for example:
- BTC: 0.00005 BTC
- ETH: 0.00002 ETH
You’ll see the fee before confirming your transaction or you can check their website for a full list.
Pros and Cons of Coinstash
Pros
- Access to over 1,000+ cryptocurrencies
- Very beginner-friendly and easy to navigate
- Excellent live chat customer support
- Strong security and regulatory compliance
Cons
- Limited AUD deposits (no PayPal, card, etc)
- Higher-than-average trading fees (0.85%)
Final Thoughts: Is Coinstash Worth It?
I reckon Coinstash is a solid pick — especially if you’re just getting into crypto and want a platform that’s simple, Aussie-based, and well-supported. The mobile app, quick setup, strong security, and responsive support make it really easy to use day-to-day.
The biggest knock against it is the trading fees — they’re definitely on the higher side, and that’ll matter more the more you trade. Also, the lack of payment flexibility might be annoying if you’re used to using a credit card or PayPal for this kind of stuff.
That said, if you value ease of use and good support more than shaving a few basis points off your fees, then Coinstash is well worth a look. If you do decide to give Coinstash a try, make sure to sign up using this link — you can claim up to $200 in free Bitcoin with the promo code.
Still on the fence? I’ve done a full comparison of the best Aussie crypto exchanges — feel free to check that out if you want to weigh up your options.
Comparison Table of the Best Crypto Exchanges in Australia
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|---|---|---|---|---|---|
| Fiat Currencies | AUD, USD, GBP, EUR, NZD & more | AUD | AUD, NZD | AUD | AUD |
| Cryptocurrencies | BTC, ETH, LTC, XRP, EOS & 280+ more | BTC, ETH, LTC, XRP, BCH, ADA & 530+ more | BTC, BTG, BCH, ADA, ETH, ETC & 440+ more | BTC, ETH, XRP, BCH, LTC & 400+ more | BTC, ETH, DOGE, DOT, XRP, LINK & 1,000+ more |
| Deposit Methods | Visa/Mastercard, Apple Pay, Google Pay, PayID, Cryptocurrency | PayID, Direct Deposit, Cash, Card, Cryptocurrency | PayID, OSKO, Bank transfer, Credit card, Cryptocurrency | PayID, Bank Transfer, Cryptocurrency | Bank Transfer, PayID, Cryptocurrency |
| Trading Fees | 0.1% for spot, 0.02/0.055% for derivatives | Market order: 0.1%, Instant buy: 1% | 0.6% | 0.1%–0.5% | 0.85% |
| Visit SiteFull Review | Visit SiteFull Review | Visit SiteFull Review | Visit SiteFull Review | Visit SiteFull Review |
Frequently Asked Questions
Is Coinstash safe and regulated in Australia?
Yes. Coinstash is a fully Australian-registered exchange operating under an Australian Financial Services Licence (AFSL). They use strong backend security systems and require ID verification before you can trade, in line with KYC/AML requirements for Australian crypto exchanges.
What are Coinstash’s fees?
Coinstash charges a flat 0.85% trading fee — higher than most Aussie competitors. It can reportedly drop as low as 0.13% based on volume and account status, but the qualification criteria aren’t clearly published. Bank transfer and crypto deposits are free, AUD withdrawals are free, and crypto withdrawals only incur the standard network fee.
How do I get the free $200 of Bitcoin?
Sign up using our special Coinstash referral link and use the promo code to claim up to $200 of free Bitcoin once your account is verified.
How many cryptocurrencies can I trade on Coinstash?
Coinstash supports over 1,000 cryptocurrencies — one of the widest selections of any Australian crypto exchange — including Bitcoin, Ethereum, XRP, DOGE, DOT, LINK, plus 500+ DeFi tokens accessed via the built-in DeFi Connector.
Does Coinstash have customer support?
Yes. Coinstash offers live chat support every day from 9am to 11pm with quick response times, and customer service consistently rates as one of their strongest points.
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