Cointree offers 200+ cryptocurrencies for buy/sell/trade with a minimum fee of 0.5%. The exchange offers new clients a $20 BTC bonus on the first trade. It has partnered with Rush Gold to provide access to Digital Gold bullions with a minimum investment of AUD 20.
Cointree Crypto Exchange & Regulation
Cointree Pty. Ltd. was founded in 2013 by Shane Stevenson in Melbourne, Australia.
AUSTRAC regulates the Aussie-born crypto exchange for AML/CTF compliance. Key features of Cointree:
- A member of the Digital Economy Council of Australia (DECA)
- ABN: 36 167 203 303
- ACN: 167 203 303
- Crypto in Self Managed Super Fund (SMSF)
Cointree Exchange Table of Specifications
The crypto exchange offers various services, from simple buy/sell to top 100 investment portfolios. Let’s take a brief look into its offerings in this Cointree review.
Exchange | Cointree |
Launch Date | 2013 |
Levels | Standard, Pro, Elite |
Trading Fees | From 0.50% |
Restricted Countries | Only available in Australia |
Supported Coins | 200+ |
Futures Trading | No |
Minimum Deposit | AUD 25 |
Deposit Methods | Cash Payment, Online Bank Transfer, PayID, Crypto |
Withdrawal Methods | Crypto, Bank Transfer |
Maximum Leverage | 1:1 |
Minimum Trade Size | AUD 10 |
Security Factors | 2FA, U2F, Cold Storage, SSL Encryption, 2-Step Verification for Crypto Withdrawals |
Services | Spot Trading, Top Performing Portfolios, Gold Investment, Crypto in SMSFs |
Customer Support Ways | Phone, Live Chat, Ticket |
Customer Support Hours | Phone Monday to Friday, 10 AM to 2 PM (AEST) Live Chat Monday to Friday, 9 AM to 7 PM (AEST) |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market |
Native Token | No |
User Levels
Cointree has implemented a tiered fee structure with discounts based on the trade volume or referred clients.
Tier | Trade Volume (AUD) | Referrals |
Standard | 0 | 0 |
Pro | $30,000 | 3 |
Elite | $100,000 | 9 |
Note that trading volume and referral thresholds are based on the past 90 days.
Cointree Trading and Non-Trading Costs
The platform charges no rates for AUD deposits (only Online Bank Transfer and PayID) and withdrawals. While crypto funding is commission-free, crypto withdrawals incur a network fee. Cointree buy/sell/trade fees:
User Level | Buy/Sell/Trade Commission |
Standard | 0.75% |
Pro | 0.60% |
Elite | 0.50% |
Listed Cryptocurrencies on Cointree Exchange
The platform has listed over 200 digital assets for buying, selling, and trading, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- XRP
- Litecoin (LTC)
- Cardano (ADA)
- Dogecoin (DOGE)
Cointree rewards clients’ first trades with a $20 worth of Bitcoin prize.
Leveraged Trading
Cointree doesn't offer leveraged trading. The platform focuses on providing spot trading for Australians and doesn’t support Futures or Margin trading. Leverage allows you to borrow funds from the exchange and trade with a larger capital than your initial fund.
Registration and Verification
To join over 100,000 platform users, you must complete a KYC verification procedure.
- Visit the exchange’s official website;
- Click “Start Now”;
- Fill out the registration form;
- Provide personal details;
- Upload proof of ID (buy, sell, and crypto withdrawals) and proof of bank account (for fiat withdrawals)
Cointree Safety and Security
The platform features bank-grade encryption and various features to ensure clients’ funds safety, including:
- Storing 98% of funds in cold storages
- 2-step verification for crypto withdrawals
- Two Factor Authentication (2FA)
- Universal 2nd Factor (U2F) protocol via the YubiKey physical security device
- Running website traffic over encrypted SSL
- Criminal background check on all employees
Deposit & Withdrawal Methods
Cointree supports fiat and cryptocurrency payments. While the supported method for AUD withdrawals is Bank Transfer, AUD deposit options are:
- PayID (No fees)
- Online Bank Transfers (No fees)
- Physical Cash (1500+ locations across Australia)
Deposit limits are a minimum of $25 AUD per transaction and a maximum of $50,000 AUD per day/transaction. Note that the cash deposit limit is $9,000 AUD per day.
Trust Scores
Cointree reviews on rating platforms paint an average picture of the crypto exchange with the following scores:
Reviews.io | 2.8 out of 5 based on 19 comments |
3.6 out of 5 based on 538 comments |
30% of reviews on the Cointree TP profile are negative (1-star and 2-star), and 66% are positive (4-star and 5-star).
Does Cointree Offer Investment or Growth Plans?
While the exchange doesn't offer copy trading or social trading, it provides crypto portfolios and SMSFs for investment and a comprehensive referral program for passive income.
- Crypto Portfolios: Top 100 best-performing portfolio allocations with 7-day returns
- Referral: $10 worth of Bitcoin on referred client’s first trade
- Self Managed Super Funds (SMSFs): SMSF diversification with crypto investments
Cointree Exchange Prohibited Countries
The company primarily focuses on serving Aussie customers, and its services are only available to Australian residents with an Australian bank account.
Writer's opinion and conclusion
Cointree provides access to 100 top-performing crypto portfolios. The exchange accepts AUD deposits (PayID) and withdrawals (Bank Transfer). The minimum deposit amount is AUD 25, and the daily limit is AUD 50,000. Cointree exchange has a score of 3.6 out of 5 on Trustpilot.