Digital Surge Crypto Review (May 2022)

April 5, 2022
Reviews

Digital Surge is one of the best-rated crypto exchanges in Australia, and for a good reason: it supports over 300 cryptocurrencies, verifies most accounts instantly, and provides extra security for your coins through top-of-the-line cold storage. New users can get a 50% rebate on trading fees when signing up using our unique signup bonus link below.

CoinSmart is the favorite among crypto investors looking for the lowest fees, bank-level security using cold storage technology, and a user-friendly platform. With CoinSmart you can trade 16 different cryptocurrencies and altcoins directly.

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Offer ends May 19.

What Is Digital Surge?

Digital Surge is a fast-growing, highly popular cryptocurrency exchange based in Brisbane, Australia. It was founded in 2017 by Dan Rutter and Josh Lehman, and it stands out from the rest of the exchanges available in Australia thanks to its low fees and wide range of cryptocurrencies available.

Digital Surge has invested a lot in security to ensure that its users’ crypto assets are always stored safely and that they can trade with the lowest possible spreads. Its customer support and sign-up process are two major upsides; you can sign up and start trading in just a couple of minutes and their customer support is available 24/7 and always keen to help.

In this review, I’ll go over all the pros and cons, benefits and prices of Digital Surge. I will also share my thoughts and recommend who it’s best suited for.

Pros & Cons

Pros

  • Quick Sign-up process: You can sign up and start trading in less than two minutes. There are no lengthy ID checks, just with your Australian or New Zealand ID or Driver’s license.
  • User-friendly: New investors will have no trouble learning the ropes of this crypto exchange, and experienced traders will benefit from the market orders available. 
  • Instant Deposits: Your deposits will become available immediately if you deposit via PayID or POLI.
  • Two-Factor Authentication: You can set up an extra layer of security by activating two-factor authentication for any withdrawal.
  • Quick Sign-up process: You can sign up and start trading in less than two minutes. There are no lengthy ID checks, just with your Australian ID or Driver’s license.
  • Your Assets, Secured: Digital Surge keeps most of its crypto assets secured in offline cold wallets. Only a small percentage remains in hot wallets, for liquidity.
  • Excellent Customer Support: On top of being available 24/7 through chat, you can request personalized trading advice from crypto experts.

Cons

  • Doesn’t support staking.
  • Doesn’t have Demo Accounts or a Test Environment.
  • Available only in Australia.

Features & Benefits

#1 Quick & Easy Signup Process

The signup process is fully online, and you can get your account up and running in less than 2 minutes. We go over the whole process in the Signup Process section.

#2 Set-Up Market Orders

Digital Surge supports stop and limit market orders, so you can automatically sell or buy crypto at a specific price, or at a specific date using dollar-cost-averaging.

#3 Customizable Price Alerts

You can set up price alerts directly to your smartphone, to keep track of the prices of your favorite crypto, so you don’t miss out on any opportunity.

#4 Excellent Customer Support

Available 24/7 and with an excellent average rating of 4.8 on Trustpilot, Digital Surge’s customer service reps are actually helpful rather than just following a script.

Cryptocurrencies On Digital Surge 

Digital Surge supports over 300 different cryptocurrencies. Here are some of the most popular:

BitcoinBitcoin CashBinance Coin
EthereumEthereum ClassicFTX Token
AvalancheCardanoChainlink
DashHiveLitecoin
PolkadotSolanaStellar
TerraUnicoinXRP

Digital Surge Fees

  • Deposit Fees (PayID): Free
  • Deposit Fees (Crypto): Free
  • Deposit Fees (POLI): From $2 to $3.30 
  • Withdrawal Fees (AUD): Free
  • Withdrawal (To Another Wallet): Determined by the network (depends on the coin)
  • Instant Buying & Selling: 0.5%

Trading fees range from 0.5% to 0.1% depending on your 30-day trading volume.

30-day volume (AUD)Trading Fees
Less than $100K0.5%
Between $100K and $250K0.4%
Between $250K and $500K0.3%
Between $500K and $1M0.2%
More than $1M0.1%

Sign-Up Process

Anyone in Australia over the age of 16 may create a Digital Surge account. The process is very quick, in just 2 minutes you can start trading. Here’s how it goes:

#1 Visit Digital Surge’s page.

#2 Click on the Get Started button.

#3 Confirm your email.

#4 Verify your account using a government-issued ID or a driver’s license. The last step is to fund your account.

Reviews

Digital Surge has very positive reviews from its users, and it holds an average rating of 4.9 on Trustpilot. All users agree on one thing: Digital Surge has excellent customer service.

Here’s what some of those users have to say about Digital Surge:

  • “I went through a whole bunch of duds: Plus500, Celcius, eToro + several more platforms. Nothing compares to how easy and simple it is to use Digital Surge.” – Spencer M.
  • “EXCELLENT SUPPORT! These guys have been great! If quality of support and response time is important to you this is the exchange for you.” – Brendan.
  • “Great for beginners. This is a great way to start out. The website is simple to use and understand, fees are low, and the customer service is excellent.” – Poppy M.

In Summary

Digital Source is one of the best-rated crypto exchanges in Australia, and for a good reason: it supports over 300 cryptocurrencies, verifies most accounts instantly, and provides extra security for your coins through top-of-the-line cold storage. New users can get a 50% rebate on trading fees when signing up using our unique signup bonus link below.

CoinSmart is the favorite among crypto investors looking for the lowest fees, bank-level security using cold storage technology, and a user-friendly platform. With CoinSmart you can trade 16 different cryptocurrencies and altcoins directly.

CLAIM MY $50 BONUS
Offer ends May 19.

FAQs

Who Is It For?

The Digital Surge account is ideal for new investors looking to buy their first crypto with AUD and for self-directed investors who want to gain access to some of the biggest cryptos, and to some of the newest. 

In Which Countries Is Digital Surge Available

Digital Surge is only available in Australia.

Is Digital Surge Safe And Legal?

Yes, Digital Surge is a safe and reliable crypto exchange that has yet to be hacked. It is registered with the Australian Securities and Investments Commission (ASIC) and the Australian Transaction Reports and Analysis Centre (AUSTRAC).

Digital Surge Referral Code

50% lifetime rebate on commission fees, paid out each month when you sign up using this link.

The Best Crypto Exchanges In Canada

Best Overall

Supports: 16 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.2%

$50 bonus ends May 19.

★★★★★

Rated 4.9/5

Lowest Fees

Supports: 17 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.1% - 0.2%

Free account, instant verification

★★★★★

Rated 4.8/5

Best For Altcoins

Trading fees: 0.4%
Security: 95% cold storage
Signup bonus: $10

Trade with 10x leverage.

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