Exchange Review

How to Transfer from CoinSpot to Metamask

Summary: Many Australian investors prefer to store some of their funds on Metamask, so they can use DeFi and Crypto applications like OpenSea. This guide shows users how to transfer cryptocurrencies from CoinSpot to Metamask.

By 
Serah Huels
 on  
August 13, 2022

CoinSpot is the best cryptocurrency investing platform for Australian traders. The exchange is tailored for Aussies and offers the most Australian deposit methods including BPAY, POLi, PayID, Osko & Cash deposit. In addition to deposit methods, you can speak to Australian customer support team 24/7 via its Live Chat feature.

On CoinSpot you can invest in over 370 cryptocurrencies and of those you can stake over 30 for high yields. In addition to trading and staking cryptocurrencies, users can buy CoinSpot Bundles which are similar to an ETF. It recently added an NFT marketplace that allows access to multiple NFT projects like Bored Ape Yacht Club and Azukis.

Table of Contents

Can I send funds from CoinSpot to Metamask?

Yes, you can send many cryptocurrencies from CoinSpot to Metamask. Before you send funds you have to make sure that your tokens are EVM-compatible as Metamask only accepts tokens that are from an EVM compatible-blockchain. For example, you cannot send Solana (SOL) from CoinSpot to Metamask as Solana is not on the Ethereum blockchain.

How to Transfer funds from CoinSpot to Metamask

In this step-by-step guide, we show investors how to transfer from CoinSpot to Metamask. Follow the below steps to get started.

  1. Sign up to CoinSpot and complete your verification.
  2. Deposit funds and buy the cryptocurrency you wish to transfer.
  3. Go to the 'Wallets' tab and search for the token you want to send.
CoinSpot Wallets Page
  1. Select the token and enter the amount you want to send and the receiving Metamask wallet address, then press send.
Ethereum Wallet on CoinSpot

Your funds will reflect in your Metamask Wallet within minutes. If you would like to check the status of your transaction, simply select 'Transactions' and you will be able to view it on-chain when you select 'View' and click the Txid.

Does CoinSpot charge to withdraw crypto?

Yes, CoinSpot charges a small cost to cover the gas (network transaction) fees. For Ethereum, they charge 0.0012ETH which is less than $1 AUD. The fees vary depending on what token you're sending but its generally very small. CoinSpot has some of the lowest fees overall in Australia.

Visit CoinSpot

Author Bio

Serah is our Editor in Chief and was the first person to join the Buy Crypto Australia team. She is a digital & crypto native, having been in the space since 2015.

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