Increase the security of your CoinSpot account and enable 2FA in your Account Settings. Increase the security of your CoinSpot account and enable 2FA in your Account Settings. Worried about how to calculate your CoinSpot crypto tax? Looking for a complete solution to generate reliable crypto tax reports and maximize tax savings?Don. 1. Once your funds have been deposited into your CoinSpot account, it is time to purchase the cryptocurrency to stake. . Simplify your tax process with CoinSpot and Binocs. Use the drop down to select the financial year you are looking to view reports for. ATO Crypto to crypto exchange or swap. Anything that is earned from staking, air drops, mined, etc have to pay tax on it. Have direct access to Australia's largest variety of cryptocurrencies. This crypto tax report has all the information you need to file with the ATO using the myTax portal. Crypto asset transactions with gift cards or debit cards How tax applies to crypto asset transactions involving gift cards or debit cards. One free and three paid options are available for this program that tracks crypto portfolios and reports tax information. Hi, CoinSpot provides multiple options for trading, besides our instant buy/sell we also provide a Market trading experience with a fee of 0. All in all, CoinSpot does report to ATO in compliance with the Australian cryptocurrency tax reporting law. Under the Login button, simply select the link 'Forgot your Password?'. From the menu below, tap on 'Wallets'. External statutory financial audit complete. 0 out of 244 reviews. CoinSpot Bundles. Did you have to edit or change the original csv from coinspot at all. Due to high volatility, the cryptocurrency should be realised immediately for the benefit of the bankrupt estate to avoid the asset being dissipated. TenX; Buy $0. Independent Reserve Australia was founded in 2013, which makes them one of the most established crypto exchanges in Australia. Obviously we always encourage "Not your keys, not your crypto" yada yada yada - but this is just another hurdle for the time-being for exchanges. KoinX is one of the most trustworthy sources for it. Increase the security of your CoinSpot account and enable 2FA in your Account Settings. All Indian Tax Guide Australian Tax Guide UK Tax Guide Blogs Product Support Integrations Staking Guide Buying Guide Mining Guide 19 October 2023, 4:04 PM | 3 Min read Get Started. Navigazione toggle. With CoinLedger, you can import your CoinSpot transactions and auto-generate a complete gains, losses, and income tax report in minutes. 5 million users. 9% fee charged by the. You can then navigate in Koinly over to the “tax reports” tab at the top of the screen. All. Security: CoinSpot is the most secure and trusted crypto exchange in Australia, so you can invest and trade with peace of mind. Using Koinly, you'll be able to download your Schedule D & Form 8949 (USA), Capital gains summary (HMRC), Schedule 3 (Canada) and any other tax declaration forms required by your country. Instant buy and sell fees on CoinSpot are 1% which is high compared to Swyftx (0. There is no record of the original USDC acquisition. Plans start at $59 for 100 transactions and go up to $389 for 10,000. 1%. November 15, 2023. Please follow the visual guide provided below to locate your. How tax applies to transactions involving non-fungible tokens (NFT), another type of crypto asset. CoinSpot Mastercard - Get Started (CoinSpot. This confirms holdings are available as displayed and are kept one-to-one. Choose which output (PDF or CSV) and then select the date range for the statement. Comprehensive tax report. Some coins may require a Destination Tag/Memo ID or a Destination Tag/Memo ID + Manual Deposit form. Ever since 2014, when the ATO brought in crypto tax guidelines, it's been a known fact that crypto is taxable. CoinSpot Earn Tiered Rewards- (ADA Example 2 - Tier 2) Example 3. Sign up & verify your CoinSpot account. CoinSpot, which has 2. Select My Account Menu(1) > Then select Order History(2). The IRS updated its guidance in July 2023 to clarify the tax treatment of staking rewards. For more information about crypto and tax, visit our Crypto Tax Australia Guide blog post. Tier 1 - 10,000 ADA - 3. 3. To use this API you need to generate an API key, you generate your API key from the settings page in your account. 01. These are subject to Capital Gains tax. CoinSpot currently doesn’t issue tax documents and reports. As of 7th August 2023, 5:07pm -. Under create new API, write a name in the memo box. Figure 2. 13. Form 8949, Schedule D. Track your portfolio, sync data from exchanges and wallets, and generate tax reports in minutes. Manage your crypto transactions with Koinly. For paid plans, Koinly’s start at $49 per year for the basic plan, while CoinTracker’s basic plan starts at $59 per year. Ta-da!. Tax Report with CoinSpot & CryptoTaxCalculator - My Account Menu (Order History) 2. From the Menu, go to Profile, then select Transaction reports. Increase the security of your CoinSpot account and enable 2FA in your Account Settings. I joined and received a phone call to ensure I was aware of the risks involved and to set a deposit limit. You must keep records of each of your crypto assets and every transaction, to work out whether you have a made a capital gain or loss. Absolutely brilliant. Hi ATO Community, Hoping to get some advice for my situation. Compare the best Crypto tools for CoinSpot of 2023. See a sample report for Australian taxpayers. Once your done, click on the start import button to start the migration. The CSV file will be saved to your device. Provide your Two Factor Code and click the button Create API Key. Above your trades is a button that says Buys/Sells CSV. 10%. 10% in trading fees is below the industry average (arguably around 0. 965) (*0. Sign in to CoinJar via the web app and navigate to 'Settings'. In a recent security breach, Australian crypto exchange CoinSpot has reportedly fallen victim to a hack resulting in a loss of $2. As we are not Tax Advisors, we cannot provide any tax advice for Digital Currencies. DCE business are required to meet a number of anti-money laundering and. Here's what the ATO want you to include in your crypto tax report. If you dispose of one cryptocurrency to acquire another cryptocurrency, you dispose of one CGT asset and acquire another CGT asset. Certified with Blockchain Australia and Sci Qual, we want our users to feel as safe and secure as possible when taking the leap into crypto. Didn't have to worry about figuring out how to download a CVS file from Metamask. What your tax agent can see on your prefill report for your tax return What transaction statements do you need from CoinSpot How to get tax statement from CoinSpot - CSV. 1. 9% Access to over 30+ NFT collections and growing on CoinSpot. GAINS (Expert): Realized & Unrealized Gains Tax-privileged Coins (Short & Long) Roll Forward / Audit Report Trade Analysis Average Purchase Prices; CHECKS: Missing Transactions Duplicate Transactions Validate Transactions Transaction Flow Report EASY TRACKING: Easy Enter Statistics; Enter Coins. In addition, CoinSpot supports well-known DeFi coins and tokens as well. Benefit from over 700 integrations across your favourite wallets, exchanges and blockchains. After the recent downfalls of major exchanges, it’s clear that a crypto market that is primarily unregulated and volatile puts consumers at risk and threatens the. Search for CoinSpot(1) > Then select. CoinSpot urges affected users to remain vigilant and report any suspicious activity promptly. 6 million for the year before. Read Our CoinTracker Review. 4 million in a “probable private key compromise” over at least one of its hot wallets. I was also encouraged to ask as many questions as possible and to call anytime I needed help with the app. Use code FINDER23 for 30% off your first tax report! T&Cs apply. Capital Gains Tax: If you sold or swapped crypto on Swyftx, you’ll pay Capital Gains Tax on any gain. For me, it comes down to three main things: 1. Yes, CoinSpotx is an ASIC-registered business in Australia and must report its profits and losses in its quarterly business activity statements for tax purposes. An estate with unsold cryptocurrency as a main asset in this scenario would have had its creditor’s return cut by 2/3rd. 1% and the taker fee is 1%. UK: HMRC Capital Gains Summary. For short-term gains on assets held for less than a year, you’ll pay between 0% to 45% in tax depending on how much you earn. 'other' method. The Provincial Sales Tax (PST) of 7% and Goods and Services Tax (GST) of 5% applies to most goods and services purchased in Greater Victoria and British Columbia. 700+ integrations incl. Investment Scams. CoinTracker calculates your cost basis and capital gains. Here is an example EOFY Report from Coinspot, this one is 3 pages long. AUD Withdrawals FAQ - (My Account Menu - Withdraw AUD) 2. Plans start at $59 for 100 transactions and go up to $389 for 10,000. What information do I need for record keeping? Exchanging one Cryptocurrency for another. You can discuss tax scenarios with your. io promo code, you can enjoy attractive subscription discounts. Buying and Selling any cryptocurrency available on CoinSpot is now made even easier by the clean and simple CoinSpot App user interface. ( ABC News: Brendan Esposito ) We detected some issues with the following wallets, click on each wallet to review the issues before continuing with your tax report. However, if you hold the crypto for more than 12 months, you’ll be entitled to a 50% CGT discount when you sell the asset. 26 minute read. CoinSpot is Australia's biggest cryptocurrency exchange and gives users access to more than 320 different digital currencies. Thursday, 26 May 2022. Coinspot review: Cryptocurrency exchange according to an experienced and long term investor on the path to Financial Independence. Generate a full crypto tax report with all your long/short term. To claim the CoinSpot $20 Bitcoin referral bonus, follow these simple steps: Click this link to claim our CoinSpot referral code. The goal with crypto tax software is to end up with a useable tax report. Confirm the new API key by email. If you are submitting it through an accountant, the cut off date is 31st March 2023. For example, the price of Bitcoin plunged to 1/3rd in value in February 2018. 2016 15:20. Tax Report with CoinSpot & Syla - (Add Data Source) 4. CoinSpot (Cryptocurrency Exchange): 4. These reports outline trading activity across both your ASX and international portfolios. From here you will be able to download your Buys/Sells and Sends/Receives CSV Files. Have you managed to do a capital gains tax report yet that makes sense. Become tax compliant seamlessly. In order to calculate your digital asset tax; we need to consider trading history of all the. 1% per trade. Label your wallet name, click [Setup auto-sync]. 9 replies. Following the launch of Crypto. 24 hours. Coinspot is an easy to use Australian and New Zealand cryptocurrency exchange that provides an attractive way to buy and hold over 234 different types of cryptocurrencies such as Bitcoin, Ethereum and. Ensure your account is up to date when you change your residential address, provide us with any of the accepted documents below in . com. The API will automatically fetch your entire transaction history and import it into the app. The ATO provides information regarding what data needs to be kept for record keeping when transacting Cryptocurrencies, you can read that information on the ATO website below. For the fiscal year 2022, CoinSpot is undergoing an external audit of its financial reports. Select [Binance]. GAINS (Expert): Realized & Unrealized Gains Tax-privileged Coins (Short & Long) Roll Forward / Audit Report Trade Analysis Average Purchase Prices; CHECKS: Missing Transactions Duplicate Transactions Validate Transactions Transaction Flow Report EASY TRACKING: Easy Enter Statistics; Enter Coins. CoinSpot has been registered as a Digital Currency Exchange (DCE) with AUSTRAC since 8 May 2018. gov websites for the latest information as the above articles may be outdated at the time of reading. How to Report Your CoinSpot Taxes | CoinSpot Tax Forms Last updated: June 17, 2023 How to Report Your CoinSpot Taxes Coinpanda integrates directly with. Download your tax reports; Download your tax reports Note: If you’ve earned less than $600 in crypto income, you won’t be receiving a 1099-MISC form from us. trade, sell, gift or donate crypto assets. If you held the bitcoin for more than 12 months before selling it and using same figures, you would be entitled to a CGT general discount of 50% ie $1500 would be taxable. At this exchange, they don’t divide between takers and makers. 1%. Digital Medicare cards are also accepted. From your settings, Koinly will know the financial year you’re reporting on - so from the 1st of July 2021 to the 30th of June 2022. Get Code. Disposing includes when you: exchange one crypto asset for another. Koinly is an accounting and tax reporting software for cryptocurrency investors, hobbyists and accountants. The same like our tax calculator helps with your regular income. IRS Form 8949. CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. Using Koinly, you'll be able to download your Schedule D & Form 8949 (USA), Capital gains summary (HMRC), Schedule 3 (Canada) and any other tax declaration forms required. Setting up your CoinSpot Mastercard 1. When buying and selling NFTs on CoinSpot, a flat service fee of 0. Easily fund your CoinSpot account with a wide range of Deposit options. First you import your crypto transactions, add any crypto income (such as staking, gifts, mining or airdrops), generate a tax report, then import it into tax software or give to your accountant. These can be found in the Order History section of your account. Enable Two Factor Authentication. Search for CoinSpot(1) > Then select CoinSpot(2). In the footer the mobile view can be enforced, deactivated or set to "automatic". S. Reply from CoinSpot. Make sure that under authority, only read-only is selected. 5% 10 mineral tax paYaBle (Line 8 multiplied by Line 9) 11 paYment amount enclosed part 4 – calculation of mineral tax 0. My understanding is staking rewards are treated as income based on the price at the time of receiving it and any change in that price is treated as a capital gain or loss but not until you sell or swap it. CoinSpot is the first Australian Cryptocurrency Exchange to audit their assets. Choose the [System generated] option. In this CoinSpot review, we will give you the scoop on what sets this exchange apart. BrisbaneSocial) submitted 6 minutes ago by TopGaps to r/BrisbaneSocial. Upload this file here to start your import. Absolutely brilliant. Using the file importer is a simple and convenient way to get your historical trading data into Sharesight. Use the drop down to select the financial year you are looking to view reports for. 3 – Login to Sharesight. Compare CoinSpot vs. less your entitlement to any CGT discount on your capital gains. Other gains. Tax Report with CoinSpot & Syla - (Add Data Source) 4. Free Plan: Comes with essential features, including tracking the value of your portfolio,. Crypto asset records you should keep. This confirms holdings are available as displayed and are kept one-to-one. Coinbase Pro Coinbase Prime (BETA) CoinNexus CoinSpot Crex24 Crypto. 5% on all business related income, after deductions. You can access lower fees by trading on the market, for just 0. The ATO defines it as capital gain which means you need to report capital gains and losses in your income tax return and pay tax on your capital gains. The leading Crypto Portfolio Tracker and Tax Calculator. From here you will be able to download your Order History CSV Files. Im not sure whether its my bank or Coinspot. In this article we’ll cover a range of cryptocurrency tax topics that may assist you during tax time. Data requirements. Sign In with Xero. 1 comment; share; save; hide. So, if you want to know how much tax you owe on your CoinSpot transactions, Accointing can help. Accointing enables crypto traders and fans to import, track, and manage their transactions and create a tax report based on the user’s jurisdiction during tax season. The profits are taxed as income. If you're looking for an invoice that shows the breakdown of one individual transaction, visit Download recipient-created tax invoice (RCTI). Or Sign In with Email. 2. Customers can start a conversation with a specialist via the live chat feature. Send an e-mail to support@cointracking. 9% fee and Cash payments through BlueShyft have a. Quick, simple and reliable. The guidance also clarifies the meaning of received, which is important for ETH stakers. CoinLedger integrates with CoinSpot and dozens of other wallets, blockchains, and cryptocurrency exchanges to automate the entire crypto tax reporting process. API keys are generally used for assisting users with obtaining information on their gains and losses when submitting their tax return. Your know your cost basis from the calculation above. You can get started with a free preview report today. If for example the payer paid you the crypto to satisfy a $600 interest bill it would be reasonable to value the crypto received at $600. User-friendly: CoinSpot has a simple interface that is easy for beginners to use, and depositing and withdrawing is free and easy. If you are trying to complete your 2016-2017 tax return you will need data that goes back to at least 1 July 2016 and earlier for prior years. Step 3: Go to the Wallets & Exchanges page and import your transactions by the following methods: API synchronization with the supported wallets/exchanges. There are 6 transactions that can be processed with CoinSpot and 5 are required for complete tax return information. BPAY deposits are subject to a 0. Sun. 2. Litterly the only reason I invest in crypto on Coinspot is for the yield. I figured out you are meant to encode the postdata in correct json format using sha512 and add that to the sign header. Hash-based message authentication code (HMAC) is a mechanism for calculating a message authentication code involving a hash function in combination with a secret key. Andrea Sisti. 02. Enable Two Factor Authentication. CoinSpot’s Instant Buy/Sell option offers instant trading at a locked in price, offering Bitcoin, Ethereum and over 370 other digital currencies. Users can confirm the price upfront in AUD, before they make a purchase. Sending & Receiving Overview. Instead, they charge a “flat fee” of 0. The client has made a capital gain of $2,721. This confirms holdings are available as displayed and are kept one-to-one. Auto-syncing your MetaMask data takes a couple of minutes on Koinly. Add your wallets. CoinSpot was one of the first cryptocurrency exchanges on the Australian scene. When you use the CoinSpot Platform, we ask you for the information we need to verify your identity and support such services provided on CoinSpot in order to facilitate the provision of buying, selling and trading digital currency. Sweden: K4 report (both in PDF and SRU/digital format) Norway: RF1159. The EOFY report and tax return from the previous years will give you starting balances and previous purchase prices. Have you managed to do a capital gains tax report yet that makes sense. Regarding the deposit fee of CoinSpot, you don’t need to pay any fee when you make instant deposits via POLi, PayID, or Direct Deposit (via OSKO). So, if you want to know how much tax you owe on your CoinSpot transactions, Accointing can help. Including Profit / Loss calculations, Unrealized Gains. The exchange shares all your necessary personal. Despite the emergence of competitors like Swyftx and other leading Australian crypto exchanges, CoinSpot maintains its position as the largest and. Investment scams often begin with an unsolicited message or phone call from an International phone number. Our CoinSpot tax calculator and portfolio tracker can analyze your trades history, calculate your taxes, and produce a tax report in the format required by your country's tax. Use code FINDER23 for 30% off your. a record of the date of each transaction. It is important for traders to report capital. Complete the Know-Your-Customer (KYC) process. For short-term gains on assets held for less than a year, you’ll pay between 0% to 45% in tax depending on how much you earn. Whether it’s crypto, DeFi or NFTs, you can quickly generate a tax report that is built to comply with Aussie tax standards. Figure 1. At the bottom of the AUD Withdrawal page will be the full history of your recent AUD withdrawal requests. From there, select ‘CoinSpot Mastercard’. Figure 1. Crypto asset records you should keep. Unsure how to get your CSV file from Coinspot to use on our crypto tax calculator application?This 30 second video breaks it down for you in simple, easy to. Login to CryptoTaxCalculator, and navigate to the import section. EOFY Report from Coinspot. How to get a CoinSpot tax statement#$ (self. 6,541 views. CoinSpot’s Markets offer Australia’s lowest fee of 0. Just a quick FYI for anyone else who thinks that tax deductible means free. Using Cryptocurrency as an investment. Coins, tokens, NFTs, DeFi - we cover it all. CoinLedger is another great Crypto tax tool for traders and investors looking for simple and intuitive crypto tax software. Creating a Tax Report with CryptoTaxCalculator Crypto Taxes. This is first time its been this long going on 48 hours now and still waiting. CoinSpot is one of the trusted cryptocurrency exchange platforms. Always ensure your app is always up to date via your App Store. How to treat a new crypto asset you receive as a result of a chain split. For Online Tax Express clients, who use H&R Block software to prepare their tax return, CryptoTaxCalculator can be accessed at a 50% discount to their regular fee. It looks like i need to use an API, as i can't see a coinspot csv import option. Follow As we are not Tax Advisors, we cannot provide any tax advice for Digital Currencies The ATO provides information regarding what data needs to be kept for record keeping. Figure 2. Figure 2. Income +/- Tradings Gains/Losses – Deductions = Assessable Income. 25%) and thus a. Copy your API key. Figure 1. 2- you pay tax on all of the capital gains if the above events are within the first 12 months. Select submit. If you notify us in good faith, we will not restrict your use of our Platform or Services. Save the file as a XLS or XLSX file. Send your report to your crypto accountant (find one here). 1% fee on all trades, making it reasonably. Switzerland: Valuation Report. . From here you will be. Categories. 1%. Written by. Any transaction that involves the purchase or sale of cryptocurrency in Australian dollars or other fiat currencies, as well as any crypto-to-fiat conversions, must be reported by CoinSpot. You say the value went up but Coinspot is stupid and shows the buy price of the coin in your wallet instead of the sell price. To download these, go to Portfolio > Statements or click here. To reset your password, please head to the CoinSpot login page. Click on 'Reports & statements' where and select ‘Transaction history statements’. com Tax makes it easy to file complicated crypto taxes at no cost. Withdraw AUD directly to your bank account in a few simple steps. CoinSpot NFT -0. CoinSpot are actively engaging with regulatory bodies to gain a wider depth of clarity and insight. 28. Despite facing a challenge in November 2023, experiencing a $2 million loss due to a hacking event, the company has taken proactive measures to address the situation. Figure 1. Enable Two Factor Authentication. You can click on the option tax report and select the year you wish to generate a Coinspot tax report. Describe the problem: Tax report shows I have problem with 1 of the exchange - Coin Spot Wallet: CoinSpot (CoinSpot) Transactions: 1393 Imported with: API Start date is set No airdrops/forks found API does not allow access to: Migrations ---- Migrations are not provided by this API so you need to add those manually. But with our Koinly. CoinSpot currently doesn’t issue tax documents and reports. If you hold your tokens for more than a year, you get a 50 percent discount on your CoinSpot taxes. Crypto. It requires details such as annual taxable income, the AUD amount spent and received for selling coins, and whether the coins were held for over a year or not. Every time you buy or sell a cryptocurrency, you will pay a trading fee of just 0. CoinTracking now detects mobile devices and automatically switches to the mobile mode incl. 3. Tax authorities are increasingly focused on enforcement of tax rules relating to crypto-assets. Before you calculate CGT on your crypto assets, you will need to: check you have records for your crypto assets and crypto transactions. Free crypto tax preview. Tap here to find it. xls Excel template file to your PC. 00003. I did some crypto back in Dec 2017 - Feb 2018 (only around 12 days worth) - I have over 300+ transactions (mostly crypto to crypto transactions) in that period of time from coinspot. CoinTracking – Best free and low-cost crypto tax software. Save hours of work with one of our tax plans, or download your transaction history for free. If you sell assets within 12 months, you pay the full rate of CGT - which is taxed at your personal income rate. The crypto tax calculator is designed to help estimate crypto taxes with ease by using simple fields. Deposit funds into your account using one of the many AUD deposit methods available on CoinSpot. 1. You may need to include a capital gain or loss in your income tax return. Compare price, features, and reviews of the software side-by-side to make the best choice for your business. If you have any further questions, we're happy to help 🙂CoinSpot Mobile App Features Overview. The market value of the crypto you receive needs to be accounted for. Full support for US, UK, Canada, and. Australia’s tax office has been tracking crypto in earnest since 2019, when it introduced a data-matching program focused on cryptocurrency transactions. It is also important to understand that CoinSpot offers locked in pricing where on other exchanges they offer approximates which fluctuate when completing a transaction. Withdrawals are not subject to any fees. Increase the security of your CoinSpot account and enable 2FA in your Account Settings. Support For All Exchanges, NFTs, DeFi, and 10,000+ Cryptocurrencies. CoinSpot has the following tax reports: CoinSpot tax statement PDF CoinSpot tax CSV CoinSpot tax report API Do you have to pay tax on cryptocurrency? For most. CoinSpot is one of the most profitable private companies in Australia. You can see that on 8/19/2020, a missing cost basis warning is being triggered from a trade of 1001 USDC for 2. Be aware of your obligations to submit a yearly tax return and make sure you do em! I believe HnR block offer some free advice regarding tax obligations so it's worth giving them or a another accounting service call to discuss requirements re reporting. There are 3 important CoinSpot tax CSV files that you need to download to get your transaction history from CoinSpot: Buys/Sells CSV; Sends/Receives CSV; Affilliate Payments CSV Crypto Tax Calculator for Australia. CoinSpot vs Swyftx Deposit Methods. Certified with Blockchain Australia and Sci Qual, we want our users to feel as safe and secure as possible when taking the leap into crypto. Locate 'Withdraw AUD'. Although it's referred to as capital gains tax (CGT), this is actually part of your income tax, not a separate tax. 6. Your Earn rewards history can be accessed via the Order History section of your account. So tax benefits can be played depending on what you want to do. Overwrite them) 3. Binocs will quickly calculate your taxes, generate a comprehensive report, and have you ready to file with the Tax department. Now you've got your CSV file, here's how to upload it to Koinly. Let Koinly crunch the numbers. From 45,000 to 120,000 it climbs to 32. 5 million users and 223 employees, booked $503 million in revenue in the 12 months to end of June 2022, and $532. Koinly provides a FREE plan for everyone, while the NEWBIE plan is for beginners and is $49 per tax year. You will see a Setup Binance API pop up. Step 2: Select the tax settings you’d like to generate your tax reports. Enter the amount of Bitcoin you wish to buy in BTC or your local currency. Tax Report with CoinSpot & CryptoTaxCalculator - (CSV Files) 3. Reporting your crypto tax activity. VICTORIA — Thousands of people in British Columbia saw their $1,000 tax-free COVID-19 benefit unfairly clawed back by the provincial government, says an. The main reports you will use. This is due to its user-friendliness, 380+ coin selection, competitive fee structures, and 24/7 customer service. Step 1: Log in to your CoinSpot account.