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<h1>Spin to Win Up to $7,777 in Prizes</h1>Coinstash is celebrating its 7th anniversary, and to show our appreciation to our incredible community, we're giving away up to $7,777 in prizes!​You have the chance to win fantastic prizes like free crypto, a year of zero trading fees, two tickets to the Australian Crypto Convention, and a grand prize of $5,000 in Bitcoin (BTC).Promotion Period: 17 September 2024, 13:00 AEST – 17 October 2024, 23:59 AEST<h2>How to Participate:</h2>1. Register: Enter your Coinstash email address on the <a href="https://coinstash.com.au/thewheel" rel="noopener noreferrer" target="_blank" style="font-size: 14px;">Wheel of Crypto Page to register</a>.​​2. Trade &amp; Earn Spins:&nbsp;Trade $700 or more of any coin during the promotion period to earn 3 wheel spins. For every additional $700 traded, you’ll earn 3 more spins. The more you trade, the more spins you get!*​​3. Spin to Win: Try your luck, and the $5,000 in Bitcoin (BTC) could be yours!

<h2>Terms and Conditions</h2>Promotion Terms and Conditions can be found <a href="https://help.coinstash.com.au/en/article/coinstash-anniversary-wheel-of-crypto-f1yt6u/?bust=1726532131271" rel="noopener noreferrer" target="_blank">here</a>.

Disclaimer: This article and its contents are intended for informational purposes only, and do not constitute financial advice from TWMT Pty Ltd, trading as Coinstash AU ("Coinstash"). Coinstash is not a licensed financial advisor and does not provide financial advice. You should consider seeking financial, legal, tax or other professional advice to check how the information relates to your unique circumstances. Coinstash shall not be held responsible or liable for any losses, whether due to negligence or otherwise, stemming from the use of, or reliance upon, the information provided directly or indirectly in this article.

7th Anniversary Wheel of Crypto Promotion

Anniversary Wheel of Crypto

Dear Coinstashers,We are excited to announce that Coinstash has added DeFi support for the Solana ecosystem!Coinstash users can now seamlessly buy and sell Solana tokens (SPL) directly on our platform. This addition builds on our existing support for networks like Ethereum, Polygon, Avalanche, BNB, and many others, further simplifying your crypto investing experience.&nbsp;The Solana ecosystem has seen a remarkable surge in popularity over the past year, giving rise to many of this year's most talked-about tokens. With this integration, accessing the latest and most popular Solana tokens is now easier than ever. Whether you’re interested in newly emerging tokens or established favourites, Coinstash provides a secure and convenient gateway to explore the dynamic world of Solana.<h2>Only Possible on Coinstash</h2>Until now, Australian crypto traders and investors who wanted access to the Solana ecosystem had to navigate the complexities of managing multiple crypto wallets, apps, or browser extensions to keep track of their assets across various platforms. With this Solana DeFi integration, Australians can now access the world of Solana effortlessly. Our built-in DeFi aggregator allows you to buy and sell SPL tokens directly on Coinstash. We are proud to be the only centralised Australian crypto exchange with native DeFi technology, enabling you to trade DeFi tokens across multiple networks from one secure platform.<h2>Seamlessly Trade Solana Tokens Now</h2>To start trading Solana tokens, simply <a href="https://coinstash.com.au/auth/signup" rel="noopener noreferrer" target="_blank">sign up</a> or <a href="https://coinstash.com.au/auth/signin" rel="noopener noreferrer" target="_blank">login</a> to your Coinstash account and select your preferred Solana-based token to trade.&nbsp;For any assistance or queries regarding Solana Swaps, feel free to contact our customer support team.Happy Trading!The Coinstash Team

Coinstash Introduces Support for the Solana Ecosystem

<h1>Best Crypto-Friendly Banks in Australia</h1>Most major Australian banks have introduced restrictions on customers interacting with cryptocurrency exchanges in recent years. If you've traded crypto using a centralised exchange, you've likely faced challenges transferring Australian dollars (AUD) to and from these platforms. Based on our anecdotal discussions with crypto investors, this article summarises their banking experiences when transferring funds to exchanges.Key Takeaways<ul><li>Crypto Friendly Banks: According to our survey participants, ING, ANZ, and NAB are generally more accommodating of crypto transactions and offer better support for crypto users.</li><li>Less Friendly Options: Based on our findings, CBA, Westpac and Macquaire are less supportive, making them more challenging for crypto users.</li><li>Varied Policies: Most major Australian banks have different policies towards cryptocurrency transactions.</li></ul><h2>The Australian Banking Landscape for Crypto Investors</h2>Our anecdotal discussions with cryptocurrency investors have revealed a complex and varied banking landscape in Australia when it comes to transferring funds to exchanges. While some banks are supportive, others maintain more restrictive stances. However, despite their public stances, our respondents observed a lack of consistency between their public comments and their actual policies.&nbsp;While these measures aim to protect consumers, they often hinder legitimate crypto traders and investors. These restrictions can lead to delays in processing payments, blocks on certain transactions, and even the termination of banking services. These barriers pose significant challenges for those seeking to actively participate in the crypto market.To help you navigate this complex landscape, we have summarised which banks our survey participants thought were the most crypto-friendly.&nbsp;<h2>Crypto-Friendly Banks Australia</h2><h3>ING</h3>Our survey results indicate that ING is considered a crypto-friendly bank. They have no official restrictions on payments to and from crypto platforms or specific exchange platforms. Our research indicates that ING customers generally experience fewer issues with transfers to Coinstash compared to other banks.Pros:<ul><li>&nbsp;Fewer incidents of delays in transferring funds to Coinstash.</li></ul>Cons:<ul><li>Deposits exceeding $1,000 may get delayed up to one business day.&nbsp;</li><li>Does not support business accounts, limiting its suitability for professional crypto traders or businesses involved in cryptocurrency.</li></ul><h3>ANZ</h3>ANZ is well-regarded as a crypto-friendly bank based on our survey feedback. They do not impose specific transfer limits to Coinstash. However, transactions may occasionally be delayed or held for review. New customers, in particular, might experience delays as their transactions undergo review by their fraud team.Pros:<ul><li>No rigid transfer limits.</li></ul>Cons:<ul><li>Initial transactions might encounter delays and require interactions with the bank’s security team to resolve.</li></ul><h3>NAB</h3>According to our survey participants, NAB is generally viewed as a crypto-friendly bank. Our findings indicate that NAB is less accommodating towards certain high-risk international exchanges, consistent with their <a href="https://www.nab.com.au/about-us/security/cryptocurrency-transaction-changes" rel="noopener noreferrer" target="_blank">stated policies</a>. However, they are notably more supportive of reputable and registered Australian exchanges, such as Coinstash.Pros:<ul><li>Willing to discuss flagged transactions with customers.</li></ul>Cons:<ul><li>There is a daily transaction limit of $40,000, which could be restrictive for users making larger transactions.</li></ul><h2>Banks Less Friendly to Crypto</h2>Commonwealth Bank (CBA)Our survey results indicate that CBA is less friendly towards crypto exchanges. This aligns with <a href="https://www.commbank.com.au/support/security/cryptocurrency-payments.html" rel="noopener noreferrer" target="_blank">recent statements from CBA</a>, which outline a limit on payments to crypto exchanges, capped at $10,000 per calendar month per account. Additionally, anecdotal evidence from our findings suggests that transfers to cryptocurrency exchanges may result in account closures.Cons:<ul><li>$10,000 monthly cap on crypto transactions per account, which can be limiting for active traders and investors.</li><li>Transfers to cryptocurrency exchanges may potentially result in account closure.</li></ul><h3>Westpac</h3>Westpac maintains a conservative stance on digital assets and has no official policy towards crypto transactions. In their <a href="https://www.westpac.com.au/about-westpac/media/media-releases/2023/18-May/" rel="noopener noreferrer" target="_blank">press release</a> from May 2023, Westpac announced that crypto transactions would be severely restricted in the name of scam protection. However, this policy is vague about the specific measures introduced. Westpac customers from our survey report delays when transacting with certain international platforms, but satisfactory experiences with Australian exchanges. This inconsistency between official policy and actual user experiences makes Westpac a less reliable choice for regular crypto transactions.Cons:<ul><li>Inconsistent experiences may make it unreliable for regular crypto use.</li></ul><h3>Macquarie Bank</h3>Macquarie Bank also has no official policy on crypto transactions and has provided very few comments on the subject. Anecdotal evidence from our survey presents a mixed story among users. Some report successful transactions, while others recount experiences of being debanked.&nbsp;Cons:<ul><li>Varied customer experiences make it challenging to predict transaction success.</li></ul><h2>Closing Thoughts</h2>Navigating the Australian banking landscape as a crypto investor can be challenging due to varying policies and restrictions. Based on our survey findings, banks like ING, ANZ, and NAB offer more supportive and flexible environments for crypto transactions. In contrast, others like CBA, Westpac, and Macquarie Bank provide little clarity on their policies and present potential hurdles for users. Understanding these differences is crucial for making informed decisions and finding the most suitable banking partner for your cryptocurrency activities.

Disclaimer: This article and its contents are intended for informational purposes only, and do not constitute financial advice from TWMT Pty Ltd, trading as Coinstash AU ("Coinstash"). Coinstash is not a licensed financial advisor and does not provide financial advice. You should consider seeking financial, legal, tax or other professional advice to check how the information relates to your unique circumstances. Coinstash shall not be held responsible or liable for any losses, whether due to negligence or otherwise, stemming from the use of, or reliance upon, the information provided directly or indirectly in this article.

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How to buy Coq Inu (COQ) in Australia on the Coinstash platform. Coinstash is a secure and user-friendly cryptocurrency exchange.

How to buy Coq Inu (COQ) in Australia

Best Crypto-Friendly Banks in Australia

<h1>NEXA Trading Competition</h1>Coinstash is excited to announce a new NEXA trading competition.Simply trade A$250 in NEXA tokens to be entered into a draw for a chance to win up to $5,000 USDT.&nbsp;Increase your chances of winning: get one ticket per A$250 traded, and five tickets for every A$1,000.Campaign Period: 2 May 2024, 12:30 AEST – 15 May 2024, 23:59 AEST<h2>How to participate:</h2><ol><li>Sign up or sign in to <a href="https://coinstash.com.au/auth/signin" rel="noopener noreferrer" target="_blank">Coinstash</a>.</li><li>Buy, sell or trade at least A$250 worth of <a href="https://coinstash.com.au/nexa/buy" rel="noopener noreferrer" target="_blank">NEXA</a>.</li><li>Enter the draw and stand a chance to win up to $5,000 USDT.</li></ol>Total Reward Pool: $5,000 USDTThree lucky winners will be chosen through a random draw using a number generator. Each will receive a share of the $5,000 USDT reward pool, allocated according to the prize distribution table provided below:

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<h2>Terms and Conditions</h2>Promotion Terms and Conditions can be found <a href="https://help.coinstash.com.au/en/article/nexa-trading-competition-2024-18zfrhk/?bust=1714522995989" rel="noopener noreferrer" target="_blank">here</a>.

Posts by Chris Graham

7th Anniversary Wheel of Crypto Promotion

Coinstash Introduces Support for the Solana Ecosystem

Best Crypto-Friendly Banks in Australia

NEXA Trading Competition

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