Share this article

Australian Crypto Exchange CoinSpot Wins ISO Security Accreditation

CoinSpot says it's jumped through the hoops to meet the internationally recognized ISO standard.

Updated Sep 14, 2021, 8:23 a.m. Published Mar 31, 2020, 9:20 a.m.
Credit: Shutterstock
Credit: Shutterstock

CoinSpot, one of Australia's top cryptocurrency exchanges by trading volume, says its security systems have been given the International Organization for Standardization (ISO) stamp of approval.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The news marks the platform as the first cryptocurrency exchange in Australia to receive an ISO information security accreditation. CoinSpot now has a user base topping one million, according to its own figures.

In order to meet the internationally recognized ISO/IEC27001 standard, CoinSpot was required to complete an external audit undertaken by SCI Qual International, an accredited Joint Accreditation System of Australia and New Zealand certification body.

The ISO develops international standards though a network of national bodies across 164 nations.

Further reading: Crypto Exchange Binance Awarded ISO Security Accreditation

"There are inherent risks in keeping assets stored in exchanges as the history of the industry will attest and this ISO certification provides evidence of the hard work and continued effort of our team to protect our customers,” said Russell Wilson, founder of CoinSpot.

SCI Qual conducted a thorough investigation of the exchange's information security management processes and practices. It included the management of digital asset custody, information relating to employees, suppliers and clients, as well as intellectual property.

Also read: Crypto Derivatives Platform Gets Nod From London Stock Exchange’s Software Tester

The policies laid out by SCI Qual are meant to enhance security by eliminating unauthorised access such as via hacking, as well as destruction, alteration or closures of the organization's information management systems.

Di più per voi

Protocol Research: GoPlus Security

GP Basic Image

Cosa sapere:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Di più per voi

LUNC Surges Over 160% in a Week as Do Kwon Sentencing and Token Burns Draw Traders

(Midjourney/CoinDesk)

The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.

Cosa sapere:

  • Terra Classic (LUNC) surged 74% to $0.0000072, up 160% in the past week, on exploding trading volume, ahead of Terraform Labs founder Do Kwon's sentencing on Dec. 11.
  • The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns, with 849 million LUNC destroyed in the past week.
  • The token's momentum is also fueled by Binance's pause on LUNC withdrawals ahead of the Terra Chain's v2.18 upgrade, which aims to improve network stability, despite the token remaining volatile.