Are you looking to invest in cryptocurrency?
Start by reviewing some of the key features of the Coinstash crypto trading platform. With the first major bank CBA in Australia to indicate they will be accepting cryptocurrency trading, there is a shift in the acceptance of digital currency across Australia. Coinstash was formed in 2017 and offers over 122 different currencies. These include the leading cryptocurrencies such as Bitcoin, Ethereum and Ripple along with new currencies such as Shib Inu being added every week. It is easy to set up a Coinstash account and start starting. I have included an example of an account that I set up to try the different features of the cryptocurrency market. Some of the assets have been earned through the rewards dashboard with the Crypto Wheel.
More investors are seeking alternative pathways to increase their wealth and investing in asset classes that are offer premium returns on their investment. However, this is not to say that there isn’t additional risk involved in investing in these currencies. Cryptocurrency current as most are aware is a volatile asset class and therefore caution is advised when investing in these types of assets. I have included a summary of the features of Coinstash a leading platform with cryptocurrency online platforms.
Coinstash Pros
- Transfer funds quickly with PayID
- Low transasction fees
- Easy to use interface (user friendly)
- Zero deposit and Withdrawal fee (for Australian Bank Accounts) on funds transferred into the Coinstash account
- New rewards features such as the Crypto Wheel
Coinstash Cons
- 0.85% Trading Transaction Fee applies to transactions
- Limited features in comparison to bigger platforms such as Coinbase or Binance
- Limited learning information centre
Investing with Coinstash
There is now a clever marketing tool used by online trading platforms such as Coinstash to get users to remain on their site and continue investing in their platform. The recent introduction of the Crypto Wheel Coinstash Gold Rush. I note that you will need to first set up an account in order to receive the crypto that you have won. The Crypto Wheel interactive game has seen investors flock to the platform. These investors try and increase their balance and win some prizes along the way. First, it was the Coinstash wheel during the month of October 2021. Secondly, they have now partnered with a gold bullion provider to offer a stake in some of the products focus on commodities.
If you would like some more spins you can enter the following codes for November 2021:
Bonus Codes for Coinstash Gold Rush:
GOLD INVESTOR META SILVER PLATINUM PALLADIUM IRIDIUM INDIUM RHODIUM RUTHENIUM OSMIUM RHENIUM TAPROOT NOBLE RICH ETH TREASURE BITCOIN METAL POPPY coffee (*yes, in lowercase!) BASEBALL POWER TIME
Digital Assets
If you are seeking a less volatile asset Betashare have released the CRYP Exchange Traded Fund (ETF). This ETF enables you to invest in the Cryptocurrency industry without investing directly in one specific digital asset. Therefore, investors can access a greater spread of diversification across the crypto market. If you are wanting a different type of digital asset you can review a review about Non-Fungible Tokens (NFT’s). These digital art assets use blockchain technology to create a unique image that can be traced and swapped. A spike in the demand for these assets has spurred creators to design new artwork.
Crypto Trading Summary
In summary, to begin trading with Coinstash follow the link to the Coinstash Sign up Page. Furthermore, you can instantly start earning rewards during the month of November and earn $10 in Bitcoin just for signing up with the link. For disclosure, I would earn a small commission on the signup. If you are wanting further information about different trading platforms, have a read of the Top 10 Cryptocurrency Trading Platforms.
