Even though it promotes itself as one of Europe’s largest cryptocurrency investment groups, there are not many reviews online which lead many to believe that Coinspots is a scam.

It is very easy to mistake Coinspots with CoinSpot (an Australian crypto exchange), but the best way to recognize the difference is in the domain name – Coinspots can be found on this link.

As the website shows, the broker is an innovative trading and investment solution that is based in the UK and allows beginners and professionals to trade cryptocurrencies almost instantly.

The website lists three main features, including:

  • The Personal Bookkeeper – A bookkeeping service that Coinspots has which is designed to maximize the experience by receiving guidance from your own personal bookkeeper whom will assist you with the strategies and trading choices, making the best out of your investment portfolio with the Bitcoin broker.
  • Anonymity – On the broker’s site, each trader’s identity is kept secure and remains unidentified on records. In addition to the high level encryption systems, the vast majority of the portfolio investment is stored offline.
  • Trading and investing options – As advertised, Coinspots offers reliable, trusted and simple trading solutions. Their interface is innovative and designed with real-time depth charts, order books, trade history and easy charting tools.

In addition to this, Coinspots prides itself as a Bitcoin broker with low trading commissions – and a 0.85% fee of each approved position. You can literally trade with over 200 crypto assets and explore the options in detail.

The Bitcoin broker Coinspots is registered in Cardiff, United Kingdrom and is authorized to offer trading of contracts for difference for cryptocurrencies. Their head offices are in Leeds, UK and the website allows submitting of complaints by letter or email – as well as written confirmations of the users’ complaint.

To contact the broker, you should visit their Contact Us page and the response will be emailed directly to the customer support team.