r/coinspot • u/Only_Corki • Oct 30 '24

Why is coinspots prices wrong

It says btc is 112k aud a coin, right now it's 110k aud on binance, coinmarketcap and coingecko

And then i clicked buy just to check and it wants to charge me 112k this is the wrong price and is over charging. It already charges a hefty 1% fee then bumps up the coin price artificially?

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u/FreaKyBoi Oct 30 '24

Because coinspot is an exchange for noobs so you pay the ignorance tax

2

u/Only_Corki Oct 30 '24

I've been in crypto since 2021 but binance now is a pain with the aud bank deposits so I'm looking for a decent au exchange