Open a Business account with CoinSpot
You can open a Business account with CoinSpot, the process is relatively straightforward and we do have a dedicated Business team to assist if needed.
You will need to have the following documentation and details on hand:
- Your Business details: Name, ABN/ACN and Registered Business Address and optional Business website.
- Any additional Directors or Shareholders will need to provide you with either an Australian Driver's Licence or Australian Passport as photo ID and a recent residential document to confirm their current address.
- Your Current Australian Drivers Licence OR Passport.
- A recent residential document showing your Name and Address. This must be issued within the last 3 months for Business accounts.
- Please have a pen, paper and camera handy to take a verification photo with the verification statement and code.
Log out of any existing CoinSpot accounts and click the “Register” button.
Please note you will need a different email address and password to your individual account.
After registering your Coinspot Business account, these steps will get you verified.
Select the My Account menu.
Select your Account Type
Complete the Account Holder Details
This is the person who will be trading on behalf of the entity. There will be an option to add in additional directors or shareholders later.
Personal Information - All fields are required
Contact Information - All fields are required
Mobile Phone Number (Australian) - Required
Please select What is this? for more information on the requirements for PEP
Upload your Identification Document
Once you have selected your preferred ID, you will need to upload the front and back of your licence OR the main ID page and the page directly opposite of your passport.
Please note we do not accept .pdf documents. Please ensure you upload in .jpg or .png format.
Driver's Licence or Passport
Please upload clear photos of your Australian Drivers Licence or Passport.
Complete your Business Details
Name, ABN/ACN, Registered Business Address and optional Business website.
If you have any other Directors or Shareholders, they will need to be identified as part of this process. Please add their details in using the "Add Additional Director(s) or Stakeholders(s)" button. (You will add your own personal ID Documentation after this step).
These additional parties will need to provide you with either an Australian Drivers Licence or Australian Passport as photo ID and a recent residential document to confirm their current address. You will also need to have their basic personal details provided to you as well (address, phone number etc).
Upload a Residential Document
Upload your Verification Photo
Please ensure you are holding a note in your photo that includes the below information.
- Today's Date
- Your Full Name
- Your Unique Code XXXX (example only, please refer to your CoinSpot account for your correct code)
- Your Signature
Once you have completed all fields and sections with all the required details, you can click the “Submit for Verification” button. Our dedicated Business team will review your application and may contact you for further information.