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You will need to use POLi instant payment, BPAY or Cash Deposits to credit your account before buying any coins.
POLi, BPAY and Cash deposits are available here.
When the price changes by 2% or more while completing your payment, the transaction is canceled and funds are credited to your CoinSpot AUD account.
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Account over daily limit
How to increase your deposit limit
Buy order limit
To put through a larger value you will need to do multiple orders as long as it is within your daily limit.
What is NEM?
Why should I use NEM when there is Bitcoin?
Bitcoin is purely a crypto currency, like many other digital coins. Some are application specific while some are purely currencies.
Apart from NEM being another crypto currency, NEM is a solution platform, there is more to offer as a platform.
As a crypto currency, it does not require a lot of computing power and energy to run a node.
NEM also advocates low entry barrier with Proof of Importance (POI) instead of the traditional ones that require a lot of stakes or computing power to mine. In NEM we call it harvesting. In addition, it also uses another solution, called Eigentrust ++ to validate and sieve out bad actors in the network.
As an evolving solution, NEM is setting the stage for better things to come.