Comparison of Coinspot vs Kuna [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Coinspot vs Kuna comparison!

Your expert: Alejandro Borja

coinspot

Coinspot

  • Threenvest valuation: 4/5
  • US legal: No
  • Security: High 4,9/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

kuna

Kuna

  • Threenvest valuation: 3,7/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Main points

Fees

0,10%/1%

Earns

No

Customer service

4/5
0,25%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

No

Passive income

No

Buy and hold

Yes
No

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.9 – Reasonable fees with strong local support in Australia.
3.9 – Reasonable fees with strong local support in Eastern Europe.

Level

0,10%/1%
0,25%

Brief explanation

Coinspot employs a straightforward fee structure that varies depending on the type of transaction. For market trades, the platform charges a competitive 0.1% fee, which is below the industry average. Instant buy, sell, and swap orders incur a higher fee of 1%, reflecting the convenience of immediate transactions. Over-the-counter (OTC) trades also attract a 0.1% fee, making them cost-effective for large volume transactions. Deposits via POLi, PayID, and Direct Deposits are free, while BPAY and cash deposits have fees of 0.9% and 2.5% respectively. Withdrawals in Australian dollars are free, but cryptocurrency withdrawals are subject to standard network fees​​.
Kuna has a straightforward and competitive fee structure. The exchange charges a flat trading fee of 0.25% for both makers and takers. This is in line with the industry average and provides a transparent fee model for users. Additionally, Kuna does not charge deposit fees, which makes it easier for users to add funds to their accounts without incurring extra costs. However, there are withdrawal fees that vary depending on the cryptocurrency. For instance, the withdrawal fee for Bitcoin is 0.0005 BTC, which is below the global industry average, making it relatively cost-effective for users withdrawing Bitcoin .

Coinspot

coinspot
Read coinspot review
  • Year Founded Coinspot was founded in 2013, making it one of the oldest cryptocurrency exchanges in Australia. Its longevity in the market provides a level of reliability and trust that newer exchanges might not have established yet.
  • Number of Users Coinspot has built a substantial user base over the years, serving hundreds of thousands of users. This large user base indicates a strong level of trust and satisfaction among its customers.
  • Security Methods Coinspot employs robust security measures, including two-factor authentication (2FA), SSL encryption, and cold storage for the majority of its digital assets. These measures ensure that user funds are kept secure from potential cyber threats.
  • Reputation and Reviews Coinspot has garnered positive reviews from its users and is generally regarded as a reputable exchange. Its commitment to providing a user-friendly platform and responsive customer support has contributed to its favorable reputation in the cryptocurrency community.
  • Customer Service Coinspot offers comprehensive customer service, including live chat support and a detailed FAQ section to assist users with their queries. This level of support helps ensure that users can resolve issues promptly and efficiently, further building trust in the platform.
  • Pros
  • Extensive cryptocurrency selection.
  • User-friendly trading platform.
  • Robust multi-layer security features.
  • Cons
  • Higher fees than competitors.
  • Limited advanced trading features.

Read coinspot review

Kuna

kuna
Read coinspot review
  • Established Since 2016: Kuna has been in operation since 2016, which gives it a track record and stability that newer exchanges might lack. Over the years, it has built a reputation within the Ukrainian and Eastern European markets.
  • Positive User Feedback: Kuna has received positive testimonials from its user base, highlighting the efficiency of its customer support and the ease of use of its platform. This customer satisfaction is a strong indicator of the exchange's reliability​​.
  • Security Measures: Kuna employs several security protocols, including two-factor authentication and a significant portion of assets held in cold storage. This helps to protect user funds from potential breaches​​ .
  • Regulatory Compliance: While Kuna does not hold a financial license, it operates in compliance with local regulations in Ukraine. This adherence to regulatory standards enhances its credibility and trustworthiness in the market​​ .
  • User-Friendly Platform: The exchange is designed to be accessible for both beginners and experienced traders. Its interface is straightforward, and it supports various payment methods, including Visa and Mastercard for UAH transactions​​.
  • Pros
  • User-friendly interface.
  • Supports Ukrainian Hryvnia (UAH).
  • Decent security features.
  • Cons
  • Limited trading volume.
  • Lacks major fiat currency support.

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $50.

And 1% fee on all cryptocurrency trades.

Read our eToro review here
etoro logotipo
Go to eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Product selection

Native token

No
No

Earns

No
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Casey Block Services Pty Ltd
KUNA BITT LLC

Regulation

Regulated in Australia
Not regulated

Year founded

2013
2015

Founder

Russell Wilson
Michael Chobanian

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
No

Wire transfer

No
No

Card

Yes
No

Comparative table

Coinspot FEATURES Kuna
Low minimum trade amount ensures accessibility.
Minimum Trade
Allows trading with small amounts. User-friendly for beginners​​.
0.1% for market trades, 1% for instant trades​​.
Trading and Transaction Fees
Competitive fees at 0.25% for both makers and takers​​.
Supports over 400 cryptocurrencies​​.
Number of Cryptocurrencies
Supports over 20 cryptocurrencies including Bitcoin, Ethereum, and Litecoin​​.
Extensive crypto-to-crypto trading pairs available.
Crypto-to-Crypto Trading Pairs
Limited number of trading pairs compared to larger exchanges​​.
Clear and detailed information, but some fees are high.
Website Transparency
Clear information on fees and trading terms, though limited educational resources​​.
CoinSpot offers a digital Mastercard that allows users to spend their cryptocurrencies for in-store and online purchases, with support for over 380 cryptocurrencies. It provides real-time AUD conversion and integration with Apple Pay and Google Pay for easy transactions.
Credit/Debit Card
Kuna does not offer an exchange card for in-store purchases.
Secure wallet services with multi-chain support​​.
Storage Offering
70% of assets are stored in cold storage, enhancing security​​.
Offers staking for 23+ coins with competitive APYs​​.
Staking and Rewards
Does not offer staking programs or other passive income options​​.
User-friendly mobile app available for iOS and Android​​.
Mobile App and Desktop
Offers a functional and user-friendly mobile app for trading on the go​​.
24/7 customer support via live chat and email​​.
Customer Service
Multiple support channels available, but limited educational resources​​.
Free AUD withdrawals; small fees for certain deposit methods​​.
Deposit and Withdraw
Supports deposits and withdrawals in Ukrainian Hryvnia (UAH) and limited other methods​​.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,9/5
High 4,6/5

Additional features

Instant buy/sell, staking, Coinspot Bundles, SMSF services
OTC trading, staking, fiat on/off ramps, Kuna Code

Anonymity

No
Yes

Key points

Available cryptocurrencies

300+
50+

User-friendliness

Coinspot offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
Kuna provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Offers good value for money with competitive fees and a user-friendly platform, making it a good choice for Australian users.
Delivers reasonable value for money with competitive fees and a focus on Eastern European markets, making it a good choice for regional users.

Countries of operation

Australia, New Zealand
Ukraine, Russia, Belarus, Kazakhstan

Best for

Best for Australian investors looking for a user-friendly platform with competitive fees and strong local support.
Best for Eastern European investors seeking a reliable platform with competitive fees and strong local support.

Base currencies available

AUD, BTC
UAH, BTC

Account

Trading

CoinSpot is an Australian exchange known for its user-friendly platform and wide range of cryptocurrencies. It offers competitive fees but lacks some advanced trading tools.
Kuna is a popular exchange in Eastern Europe, offering a good selection of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading tools.

Deposit and withdrawal

CoinSpot is an Australian exchange known for its easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, typically within a day, with competitive fees.
Kuna provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

CoinSpot offers a simple and fully digital account opening process. Users need to provide personal information and verify their identity. The process is quick, typically taking less than a day to complete.
Kuna offers a straightforward and user-friendly account registration process. Users need to submit personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

Yes
No

Customer Service

CoinSpot offers extensive customer support through email, live chat, and phone. The support team is responsive and available 24/7, ensuring users get timely assistance.
Kuna offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

CoinSpot ensures security through 2FA, encryption, and cold storage. It is regulated by Australian authorities, providing a secure environment for investors.
Kuna employs strong security features, including 2FA and cold storage. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I recommend Coinspot for anyone entering the cryptocurrency market. Its intuitive interface and robust security measures make it an ideal platform for beginners. The variety of supported cryptocurrencies ensures ample opportunities for diversification, while its responsive customer service provides excellent support. Although the transaction fees are a bit higher, the platform’s reliability and ease of use make it a strong contender for your crypto trading needs.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert in cryptocurrency exchanges, I find Kuna to be a solid option, especially for users based in Ukraine. The platform is user-friendly and offers competitive fees, making it accessible for both beginners and experienced traders. However, the limited support for major fiat currencies and low trading volume might be a drawback for international users. Overall, if you are looking for a reliable exchange that supports Ukrainian Hryvnia and offers a secure trading environment, Kuna is worth considering.

View all comparisons against Coinspot

View all comparisons against Kuna

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Coinspot and Kuna