~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Updated resolution, Was contacted by coinspot the next business day by phone and they have decided to reverse all the transactions to the point where the first illegitimate login was detected (4th April) so I have got all the funds returning to me now I just have to prove who I am and provide an updated email address and contract information as the old ones may be compromised, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~, I received some international calls in the last two weeks from Algeria and the US at different times of day including one at 3am and have had no reason to expect them but I originally thought it was just telemarketing or something so I ignored that sign, If using the site keep track of your emails very closely as the warning did come in a few minutes after the first hack and I missed it cause I wasnt paying attention, I got lucky this time around as I am getting refunded the money I had which was about 70k so I am very lucky. Coinspot is a popular exchange that is based in Melbourne which provides a secure way to purchase crypto or other altcoins in Australia with a flat 1% trading fee. Have just received an email indicating that an international login was detected from the US on 4th April. BTC is cheaper, but you need to wait for payments to clear (1 – 3 days) to your account from your bank before you can buy crypto. I in earnest bethink thee shouldst not beest investing in crypto even but now. Enter your desired email for your dedicated CoinSpot Business account and a secure password. I personally send them to coinspot then sell from there withdraw into my bank account if I withdraw before 2pm I get it at about 8:30pm same day. After being hacked multiple times, Bithumb decided to go for the certification. Don't you have to confirm withdrawals with email by default? As previously communicated via email and our phone call today, our team have provided all the relevant information to ensure a situation like this does not happen again and that the security of your funds were not compromised. Step 1. With coinspot, you do pay more (at the time of writing, about $15 – $20 more for eth), but you can pretty much buy coins instantly. It is unfortunate that this unforeseen situation has occurred, we appreciate that you have updated this thread providing your audience with insight on how CoinSpot has helped you with this situation. If you’re a non-Australian resident, you’ll be forced to fund your account with crypto. Having that much money on an exchange though? You’ll find the button at the top right-hand corner of the homepage. So, bytecoin was forked inand Monero was created. Coinspot accepts bank deposits in AUD, but only for Australian citizens. 1) To open the SMSF account, I tried to use my e-mail address, but it was refused, because it is already used in my personal account. Buying cryptocurrency doesn’t need to be complicated. If anyone is interested I would recommend definitely checking out our security recommendations to ensure you're practicing the best possible personal security moving forward: https://coinspot.zendesk.com/hc/en-us/articles/333757066344-Security-Recommendations. One thing that is good about having an online account hacked is that there is usually some sort of protection with the bank that comes along with it. Coinspot has never been hacked or compromised since it was established in 2013 as a cryptocurrency exchange. But getting random phone calls that makes little sense. I have both a coinspot and a BTCmarkets account. Sections of this page. Just out of curiosity, did you have 2fa enabled? Meanwhile in Australia. CoinSpot advertises the CoinSpot Multicoin Wallet, but this is nothing more than a web wallet. The SMSF does not have an e-mail address. I thought you couldn’t withdraw on coin spot without 2FA enabled? After buying and selling, you’ll be robbed of 5-6 percent in coinspot exclusive spreads and high fees. To verify your CoinSpot account you will need to provide some personal information and a selfie that includes a written document (which includes your name and the date) plus your ID. No need for any “deposit detours” or anything like that. CoinSpot is an Australian cryptocurrency exchange founded in 2013 by Russell Wilson. I had coins and deposit all roughly $1,800. Press alt + / to open this menu alt + / to open this menu Submitted ticket today and still wait for result. I am a bot and I swapp'd some of thy words with Shakespeare words. Press question mark to learn the rest of the keyboard shortcuts. Fill out the applicable Account Holder Details. After this, set up your 2 Factor Authentication for increased security so it is harder for anyone to hack into your CoinSpot account. Accessibility Help. If anyone can give me some insight into this issue or even a way to resolve that would be great because the help centre for CoinSpot is very slow in responding to me. A statement posted on the CoinPot on Thursday read: CoinSpot stores most of the assets in extremely secure offline wallets. Changing your password is the first thing you should do if your account has been hacked or compromised. Year founded - CoinSpot was founded in 2013, making it one of Australia's earliest cryptocurrency exchanges. Everything you need to buy, sell and manage your cryptocurrency. Have just received an email indicating that an international login was detected from the US on 4th April, Was at work and didnt see it till now and my account has been emptied seems they kept buying EOS and trading in relatively small amounts, I have notified coinspot of the issue immediately now, Total lost 60k in cash deposit (was intending to withdraw funds) and 10k in coins (to keep in and play with), TnCs are fairly clear cut to protect the company and say. I don't even understand what that has to do with the hacking. I contacted the support 3times today so hopefully they return my money! Opening an account. Head over to the Coinspot website and click on ‘REGISTER’. Sign up to CoinSpot – use the referral code REFEU2GJ9. Should have invested on an hardware wallet way before that point. Hell no. The security of your funds are our top priority and we are pleased they have all returned to your CoinSpot account. If the CoinSpot servers were hacked, you could lose your funds. CoinSpot’s stated aim is to deliver superior customer service to beginner and experienced traders alike. Has Coinspot Been Hacked? This scenario is a great example of CoinSpot being the industry leader in security in Australia and showing the importance of security being a shared effort. It is free to withdraw AUD from your CoinSpot account to your Australian bank account. I use a ledger nano X. Reply. Sign up to CoinSpot here and we’ll both get $10 AUD worth of Bitcoin. Today I got an email saying my account had been breached. I have notified coinspot of the issue immediately now. COINSPOT SUPPORT TEAM #1 i was really appreciative that coinspot support were able to help me and reimburse me of my lost bnb , they were very upfront with what they needed , no playing around no nothing. Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new. As many other exchanges do, CoinSpot uses the two-factor authentication (2FA) security method which requires you to enter a code on your phone each time you login to the platform. New CoinSpot users can get an instead AU$10 BTC by using our CoinSpot referral. What is Coinspot? Yeah I'm interested too. Go to Buy/Sell. Coinspot Fees. You MUST secure your account, your computer, and any other devices you use to login! When you change it, anyone signed into the Epic Games website via your account will be logged out from the website. To change your password, take the following steps: Above zero knowledge how to send or receive or transfer to another wallet. CoinPot, the hugely popular cryptocurrency microwallet, was rocked by claims this week that user accounts had been hacked. If your CoinSpot account is hacked, it’s easy for someone to send the Ethereum/Bitcoin in your account to their own account, and at that point, it’s gone forever. With this, they mean that you can deposit and trade easily from your CoinSpot-account. Thank coinspot team I never thought the response would be that quick. Founded in 2013, CoinSpot is leading the charge in Australia's blockchain revolution. Thank you for your honesty in this investigation, we are very happy overall that the funds were saved, stay safe out there everyone! However, with the increase in the number of crypto exchanges and local competition, there are new exchanges like Coinspot that offer much lower trading fees.. In these times when you often hear of overseas exchanges being hacked, it’s comforting to know that due to CoinSpot’s rigorous security standards they have never been hacked. Additionally, although the exchange has the 2-FA security feature, it does not offer multi-sig logins. Dammit, that's fuckin terrible mate. If you ignore this link and go straight to CoinSpot.com.au instead, we’ll both miss out on the free Bitcoin. If this is a legit post, my advice: seek legal advice. OLD CoinSpot subreddit - please refer to the pinned post and join our new subreddit via r/coinspotau. After being hacked multiple times, Bithumb decided to go for the certification. I signed up for coinspot many years ago and never used it. If you could please provide the ticket number you had received we will investigate this for you. Press J to jump to the feed. They emphasize that it has “streamlined trading”. Didn’t know what was going on, until I was able to log in again and to see all my funds disappear. Often businesses use Ts and Cs as a deterrent from consumer action, rather than as a contract they expect to be able to uphold should the matter go to court. You can easily buy Bitcoin, Ethereum, XRP and over 280 other digital currencies directly from your CoinSpot account. it is highly likely to be a scam and you should contact our support team immediately. Simply click on "Buy" and input the amount of the coin you want to purchase or the amount of AUD you want to spend. Has me a bit worried. If you sign up to CoinSpot just remember to use its exchange only, as mentioned above. although the process of submitting a request to talk to them although it took a few hours to respond ( which i completely understand as they have other customers to attend to ). Read more It is very unfortunate that this had occurred however due to our security protocol no malicious activity was conducted on your CoinSpot account. My mate has a look transaction id where all the coins go and found that destination wallet has more than million dollars. Personal data hacks is frequently in the news. Hardware wallet is fantastic. To put in perspective, I was charged 25 dollars to buy 2500 AUD worth of litecoin and 75 dollars in coinspot spreads. Could CoinSpot be hacked? We are glad we could help investigate this for you and prevent the funds leaving the platform. Click "Complete Verification" to begin. Checking my password, it was > 9 random extended characters, not guessable. In order to deposit or withdraw AUD, you need to provide: ... Coinspot has never been hacked and they offer 2-factor authentication to secure your wallet. BTC is cheaper, but you need to wait for payments to clear (1 – 3 days) to your account from your bank before you can buy crypto. By using a CoinSpot referral code, you will get your first Bitcoin (worth $10) added to your account after funding it. The official website of CoinSpot states, That's what my first thought was. Technically yes, as with all exchanges the possibility to be hacked exists. Do you see a spike in accounts being locked? It also provides a series of tips for users to help keep funds safe. It is easy and simple to open coinspot account and the security system is so high that is cannot be hacked. The constant updates in this thread are good and hopefully prevent similar events happening to a user ever again. The single greatest method to purchase Monero in Australia is to make use of the CoinSpot change. Is it still safe to use this account after enable 2FA? This is literally a robbery. just dicks greifing. With coinspot, you do pay more (at the time of writing, about $15 – $20 more for eth), but you can pretty much buy coins instantly. Launched in 2013, Coinspot is the highest-volume cryptocurrency exchange in Australia and the only one having an ISO certificate for its security practices. What's the next best move you've come up with? CoinSpot emphasizes three things on its landing page as special benefits with the CoinSpot-platform. I stopped following Coinspot on FB and Twitter because I kept getting those scam "congratulations" things showing up. Moreover, CoinSpot has received internationally acknowledged ISO 27001 certification for superior information security. Once your account is verified and you've added your bank account details you can start buying and selling cryptocurrency. In order to trade on the CoinSpot platform, customers need to register a user account. They offer a built-in multi-currency crypto wallet along with a CoinSwap feature which … Press question mark to learn the rest of the keyboard shortcuts, https://coinspot.zendesk.com/hc/en-us/articles/333757066344-Security-Recommendations. Very limited coins you can sell within ledger. Yes my money has come out of my account and I looked at the CoinSpot FAQ and I followed the payid way correct but it’s just taking a long time. Is CoinSpot safe? OLD CoinSpot subreddit - please refer to the pinned post and join our new subreddit via r/coinspotau. Coinspot is easy to access and one of the cheapest wallets to use. This is the person who will be trading on behalf of the entity. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. It has encouraged more users to do trading or start trading with coinspot. If low fees are important to you when buying … I locked the account. This provides an extra layer of security against computer viruses or attempts to hack your account. or start a conversation with us via Live Chat and our team will provide full instructions and advice. CoinSpot uses a two-factor authentication system (2FA), which requires users to verify their identity via email and mobile phone. Meanwhile in Australia. Select "This is a business or trust account". Open an account with Coinspot. The CoinSpot platform enables users to buy, sell, send, spend or store digital currencies, without the need for in-depth technical knowledge. They have become one of the leading cryptocurrency exchanges in Australia due to the ability to purchase over 150 different digital currencies and assets with the Australian Dollar (AUD). This makes your account much harder to hack and is the preferred method for most exchanges around the world. At the time of writing of this review they are not registered with a relevant Australian body, simply because the legislative process in the country is still in progress. I would be happy to assist you further by following this ticket up with our team. However, the exchange offers a TON of coins for sale, and there is an integrated wallet for all of them. Still moderated by a CoinSpot representative known as rockethelper. However, it soon emerged that the rumours were unfounded and there had been no systematic breach or collection or personal data. The unfortunate security breaches and hacking attacks that have happened in recent years attest to this fact. Commands: !ShakespeareInsult, !fordo, !optout, Yikes that's scary, will enable 2fa now, after hearing this. This page lists all the coins that CoinSpot has available (which is a lot). 11. yes but no worhdrawal was made. What should I do if my Fortnite account has been hacked or compromised? Monero is a promising cryptocurrency investment. CoinSpot was founded in Melbourne in 2013. Stores and institutions have been hacked. fee-based digital currency (cryptocurrency) trading platform I've also been getting a couple of calls from African countries lately as well and 1 from Texas, Emails and that was compromised so setup 2FA immediately. Besides, CoinSpot has never gotten hacked even once in its lifetime. Still moderated by a CoinSpot representative known as rockethelper. Two-factor authentication provides an additional layer of protection against any viruses or hacking attempts. Regardless of Ts and Cs, its possible that coinspot owed you a duty of care that they are unable to contract out of. This provides an extra layer of security against computer viruses or attempts to hack your account. Once you have removed all wallet balances and retained your account history, please contact our Support Team to proceed with the closure of your account. When it comes to account security, CoinSpot employs state-of-the-art measures for multi-signature authentication and the prevention of phishing attacks. Looks like you're using new Reddit on an old browser. Concerned about you, I am all about the denial to increase the intensity and excitement, Did you have 2fa enabled champion? On CoinSpot you can buy and sell hundreds of different cryptocurrency from both their website and app. CoinSpot also provides a series of tips for users to help keep funds safe. Anonymous says: January 17, 2016 at 10:32 am. The same thing happened to me today, the 2fa was enabled and I couldn’t access my account all day! You using 2FA and or email's to authorise the transactions? CoinSpot uses bank-level security though so the risk is minimal. I have both a coinspot and a BTCmarkets account. I would like to open a CoinSpot account for our SMSF, but I am running into difficulties, because I have already a CoinSpot account in my personal name. Just got hacked what do I do. Conclusion From this review, we can safely say that CoinSpot is definitely not a scam but rather a fantastic cryptocurrency exchange with a lot going in its favour. If you choose to make use of the What is bitcoin and bitcoin money litecoin enjoyable details method, deposits will take business days to clear. Never create an account on behalf of someone else If you have been asked to login or create an account to purchase something on Gumtree, Ebay etc. The exchange features high security standards to protect its users funds and information against malicious hackers and thefts. If your CoinSpot account is hacked, it’s easy for someone to send the Ethereum/Bitcoin in your account to their own account, and at that point, it’s gone forever. As such, you’ll not be in control of your private keys. We take no responsibility for misappropriation or theft of your Coins. Was at work and didnt see it till now and my account has been emptied seems they kept buying EOS and trading in relatively small amounts. Wonder if its linked to the Facebook thing. Don't leave us hanging, I did not but had email verification which I thought would be enough but obviously it was not so that is my bad, They probably hacked the email account too so 2FA is the only way to go now. On top of this, there is a ridiculously high 1 percent flat fee for instant buying and selling. To get started please create a new CoinSpot account. You MUST secure your account, your computer, and any other devices you use to login!!!! Could have easily lost control of their email. It also helps reduce the risk of identity theft or using a fake account to trade on the platform. CoinSpot is approaching 1 million users To celebrate this milestone, the 1 millionth account that signs up and makes a deposit will receive... 1 WHOLE Bitcoin! CoinSpot has a suite of customisable account security settings such as Two-Factor Authentication, custom withdrawal restrictions and session timeout limit …

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