CoinSpot Deposit Methods and Supported Banks

Australia's largest cryptocurrency exchange with over 400 coins and easy deposits.

KYC verification: Same day

Available in: AU

CoinSpot in Australia

Australians wanting a clean AUD on-ramp with instant Osko/NPP deposits and AUSTRAC registration

Bank holds on first deposits and mistakes in deposit details are the main funding headaches

Best way to fund CoinSpot in Australia

Primary Osko/PayID

Osko/NPP and Direct Deposit can be instant, but first-time or larger deposits may be delayed by your bank for 1 to 2 business days. BPAY can take 0 to 2 business days.

⚠ Instant deposits are often delayed by bank-side holds on first deposits, unusually large deposits, or new payees

⚠ Deposits can be delayed or rejected if they are not sent from your own personal bank account name

Learn more about Osko/PayID

Backup Bank Transfer

Use if primary method is unavailable

Learn more about Bank Transfer

Supported Deposit Methods

Osko/PayID Bank Transfer BPAY Debit Card

Regulatory Status in Australia

AUSTRAC-registered Digital Currency Exchange (DCE) with AML and counter-terrorism financing obligations in Australia.

Last verified: 2026-01-16 · View source

Fees and Costs

Trading Fees

Market orders are 0.1%. Instant Buy, Sell and Swap are 1%. Take profit, stop and limit orders are 1%. Recurring Buy is 1%.

Deposit Fees

Osko/NPP and Direct Deposit are fee-free. Other methods may have separate deposit fees.

Common Issues and Solutions

Why is my Osko deposit to CoinSpot not instant?

CoinSpot notes Osko deposits can be held by your bank, especially for first deposits or larger amounts, and may take up to 1 to 2 business days. Start with a small test payment and wait for the hold to clear.

CoinSpot says it only accepts payments from my own bank account. What does that mean?

CoinSpot can only accept deposits from your own personal bank account. If you send from a different name or a third party account, the deposit may be delayed or rejected.

What is the fastest way to deposit AUD into CoinSpot?

Osko/NPP is usually the fastest when your bank supports real-time payments, with Direct Deposit as a close second. First deposits can be held by the bank, so test with a small amount first.

Why did my Direct Deposit not show up in CoinSpot?

CoinSpot warns that using incorrect Direct Deposit details can cause the deposit to bounce back to your bank within a few business days. Double-check the BSB and account number and only resend once you confirm the details.