Coinstash wins Best for Altcoins in Finder's 2023 Crypto Trading Awards

Having previously judged Finder's Innovation Awards in 2022 and reviewing Coinstash's brilliant DeFi Connector service, it was absolutely no surprise to me when it won this year's award for Best Exchange for Altcoins in Finder's Crypto Trading Platform Awards.

Coinstash has more than 1,000 cryptocurrencies available to buy and sell, which is more than 5 times the average for exchanges in Australia, based on Finder's research. In fact, no other exchange we reviewed had more than 400 on offer.

These assets are split into 2 groups.

The first is those that are available on the "normal" exchange. These include popular cryptocurrencies you're probably familiar with, such as Bitcoin, Ethereum, Solana and the like. 

They can be traded on the spot market just like most other exchanges. Coinstash supports this with advanced order types like stop-loss and take-profit orders, so you can execute most trading strategies.

Several of these assets can then be earned through its rewards program or purchased automatically via its recurring buy feature.

The second group is around 500 tokens which can be accessed through the DeFi Connector. 

DeFi Connector lets you buy and sell tokens on 6 different blockchains including Ethereum, Avalanche and Polygon. These tokens would otherwise only be available on a decentralised exchange (DEX), or at least, very hard to find on a centralised exchange.

This is great because it bridges the gap between on-chain trading and centralised exchanges. 

Simply put, not everyone is capable or willing to learn how to use a blockchain and trade on a DEX like Uniswap.

But that doesn't mean they should be excluded from trading cryptos that haven't reached centralised exchanges yet. Often new tokens will start trending on DEXs well before they reach a centralised exchange, and being late can be costly for investors.

So not only does Coinstash provide 1,000 or so coins for trading – it also provides an innovative way for investors to access markets that were once a bridge-too-far for many.

The Finder Crypto Trading Platform Awards are designed to spotlight exchanges and brokers that excel in 1 of 7 categories. The awards use a data-driven approach combined with quantitative analysis to ensure that platforms are judged fairly and equally, in order to produce the most helpful results for our users.

For more information on the awards program and the full methodology, visit: https://www.finder.com.au/finder-crypto-trading-platform-awards-2023