Cointree Review

Cointree Review

Robert McDougall 

January 9, 2024


What is Cointree?

Cointree is an Australian crypto exchange founded in 2013 with the goal of making cryptocurrency easy for everyone. It is not as popular as other top Australian crypto exchanges such as Swyftx and Digital Surge but it is a good alternative option if you want something different.

  • Web Address:
  • Main location: Melbourne, Australia
  • Mobile app available: No
  • Deposit Methods: Bank transfer, PayID, Cash, Cryptocurrency
  • Trading FeesBuy/Sell: 0.9%, Coin-to-coin: 0.25%
  • Deposit Fees:  Bank transfer: Free, PayID: $1.30, Cash: 3%, Cryptocurrency: Free
  • Fiat Currencies: AUD
  • Cryptocurrencies: BTC, ETH, LTC, XRP, BCH, XLM, ADA, & 150+ more

My Overall Thoughts on Cointree

Cointree is a good platform for Aussies that are new to the cryptocurrency game, because they have an extremely simple and easy-to-use layout on their website. There are over 160+ cryptocurrencies to buy and sell, and you can trade coin-to-coin as well, which is not available on all exchanges. There is also the option to pay your BPAY bills using Bitcoin that you have on your Cointree account.

However, there are some downsides to Cointree - they have fees when using PayID to deposit, there is no mobile app, and they charge 0.9% fee for buying and selling coins, which is higher than Swyftx (0.6%) and Digital Surge (0.5%). If you want to compare the best Australian crypto exchanges, I would suggest reading my review here.

Key Features & Advantages of Cointree

Here are the best features that Cointree offers:

Alternatives to Cointree

If you are looking for some other options besides Cointree, read my full review of the best cryptocurrency exchanges in Australia. For a quick comparison, see the table below which gives a summary of the 5 best Aussie exchanges.

Comparison Table of the Best Crypto Exchanges in Australia

Digital Surge
Crypto Exchange
Crypto Exchange
Digital Surge
Fiat Currencies
Fiat Currencies
AUD, USD, GBP, EUR, NZD & more
BTC, ETH, LTC, XRP, EOS & 280+ more
BTC, ETH, LTC, XRP, BCH, ADA & 450+ more
BTC, BTG, BCH, ADA, ETH, ETC & 320+ more
BTC, ETH, XRP, BCH, LTC & 300+ more
MEXC, BTC, ETH, EOS, BCH, LTC & 1,520+ more
Deposit Methods
Deposit Methods
Visa/Mastercard, Apple Pay, Google Pay, PayID, Cryptocurrency
PayID, Direct Deposit, Cash, Card, Cryptocurrency
PayID, OSKO, Bank transfer, Credit card, Cryptocurrency
PayID, POLi, Cryptocurrency
Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency
Trading Fees
Trading Fees
0.1% for spot, 0.01/0.06% for derivatives
Market order: 0.1%, Instant buy: 1%
Spot: 0%, Futures: 0.0/0.01% (Maker/Taker)

What Services does Cointree offer?

I've detailed the services that Cointree offers so you can decide if it's the right exchange for you.

Beginner-friendly platform:  Cointree has definitely reached its goal of making cryptocurrency easy for everyone. The platform is simple and uncluttered, making it comfortable for those who are just entering the market. There is also a Learning Hub to get you acquainted into the world of crypto.

Buy crypto instantly using AUD:  Cointree allows you to buy crypto using your Australian dollars which is perfect for Aussies. There is no need to waste time and fees converting into USD, before you can buy the coins you want.

Over 160+ supported cryptocurrencies:  Although Cointree is targeted at beginners to the crypto market, there is still a wide range of over 160+ coins to purchase. All the major coins that you are looking for will be available, for example BTC, ETH, ADA, LTC, BCH, as well as plenty more that you may want to invest in. 

Pay bills using cryptocurrency:  Cointree is leading the way to wider adoption of cryptocurrency, with the option to pay bills directly using your crypto. This is a huge step in the right direction for the industry as it makes it more mainstream to use crypto for everyday expenses.

It is simple to pay bills using crypto on Cointree. You simply sign into your app, and click the 'Pay Bill' tab, on the Buy / Sell / Trade page. You enter the biller code, reference number and the bill amount, and you can choose which coin you want to pay with. It makes it so convenient, you don't need to convert your crypto back to AUD and withdraw it to your bank account to be able to pay those bills.

Recurring purchases:  Cointree has the option of recurring purchases. This enables you to set up a regular deposit from your bank, and automatically purchase Bitcoin at the market rate as soon as the funds enter your Cointree account, without the need to log in. This is a good way to average out the cost of your investment in Bitcoin, as you are buying small amounts over an extended period of time. 

Cointree Fees

Cointree Deposit Fees

The Cointree website is very vague about its deposit fees, it states "While we don't charge any fees for fiat deposits, some payment providers may charge a fee. In these cases, their fee will be listed on the cost breakdown found on the deposit page."

There is also conflicting information found on other review sites, so I tested the deposit fees out by creating my own account, so I know this is the most up-to-date and factual information.

Bank Transfer: Free (minimum deposit $20)

PayID: $1.30 (minimum deposit $25)

Cash: 3% (minimum $50)

Cryptocurrency: Free

Cointree Transaction Fees

Buying crypto with fiat: 0.9%

Selling crypto with fiat: 0.9%

Coin-to-coin Trades (buying crypto with crypto): 0.25%

These fees will decrease as you trade a larger volume or make referrals within the past 30 day period. This is a table of the discounted fees you can receive:

Cointree Withdrawal Fees

There are no fees to withdraw AUD from your Cointree account to your Australian bank account.

Withdrawals of cryptocurrency may have a standard mining fee, which is dynamic based on the network conditions of the respective blockchain. The fee will be listed on the withdrawal coin page.

Pros and Cons of Cointree

  • Buy crypto using AUD
  • Simple interface for new users
  • Only takes a few minutes to register and start trading
  • Over 160+ cryptocurrencies available
  • Pay bills using cryptocurrency
  • No mobile app
  • Trading fees of 0.9%

Is Cointree a legitimate exchange?

Yes, Cointree is a legitimate Australian exchange that has been established since 2013. It is registered with AUSTRAC and meets all their strict AML/KYC obligations. Cointree was an Australian Blockchain Industry Awards 2019 finalist for best digital currency exchange and are members of Blockchain Australia.

Cointree also takes their security very seriously to protect your assets and information. Just some of their security measures include hot/cold wallet system, 2FA authentication, website traffic runs over encrypted SSL (HTTPS), secure server and closed network environments, and all passwords are hashed and salted in the database.


Cointree is a good choice for new investors looking for a simple way to buy Bitcoin and other cryptocurrencies. It is easy to use and offers over 160+ coins that you can buy using AUD. 

However, personally I think there are better options out there, that have Live Chat support, mobile apps, lower fees and more established customer bases. I suggest reading my review on the best crypto exchanges for Aussies, which you can find here. I also conducted a comparison test with my personal crypto accounts on 4 of the best Australian crypto exchanges (Digital Surge, Swyftx, CoinSpot and Independent Reserve). To see the results from my test, click here. provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

To view our privacy policy read this breakdown.


You may also like