Loans

How to Transfer Crypto from Coinspot to Block Earner

07 May 20233min

Already holding Bitcoin, Ethereum or other crypto on Coinspot? Move it to Block Earner in just a few steps — so you can sell to AUD, borrow cash, or diversify your portfolio.

Step 1. Log in to your Block Earner account

Go to blockearner.com.au or open the app and sign in.

Step 2. Select your Crypto Buy/Sell account

Once logged in, tap Crypto Buy/Sell and select the crypto you want to transfer (e.g. BTC, ETH, USDT, etc.).

Step 3. Generate your deposit address

Click Deposit Crypto and select the correct network (Ethereum, Solana, etc.).

Please note:

Sending to the wrong network can result in permanent loss.
Deposits via smart contracts are not supported, with the exception of ETH via the ERC20 network or BNB via the BSC network.
Do not send NFTs to this address.

Step 4. Log in to Coinspot and send

Open Coinspot, choose the same asset and network, and paste your Block Earner wallet address.

Complete the transfer as you normally would.

Step 5. Wait for confirmations

Your crypto will be transferred to Block Earner and you will receive pending and success confirmations — usually within minutes. Your balance will update automatically.

Step 6. You’re all set!

Now you can:

Sell your crypto into AUD directly
Use your crypto as security to borrow AUD*
Diversify with 350+ most popular cryptos

Need help? Contact Support

*Approved applicants only. Terms, conditions, fees and charges apply. Credit provided by Web3 Loans Pty Ltd ACN 668 516 952 and managed by Web3 Ventures Pty Ltd trading as Block Earner (ACN 655 090 869) under Australian Credit License 542689.

Read other articles

Loans

What is a Bitcoin-Backed Loan?

A Bitcoin-backed loan is a crypto loan where you use your Bitcoin as security to borrow Australian dollars. You keep ownership of your Bitcoin, receive AUD into your bank account, and reclaim your BTC once the loan is repaid. Bitcoin loan borrowers maintain bitcoin market exposure. Here is how it works.

14 Aug 20265min

Market Update

Coldcard Hacked: What Every Crypto Holder Should Learn From It

On 30 July 2026, Coinkite, the Canadian manufacturer behind the Bitcoin-only Coldcard wallet, published a security advisory warning that seeds generated on certain firmware versions may have been created with insufficient randomness.

03 Aug 20263min

Blog home

Additional information

*Information on the Block Earner website is intended to be general information only and is not financial advice. *Approved applicants only. Terms, conditions, fees and charges apply. *The rate provided above is indicative and your rate may be different based on a variety of factors, including your credit worthiness. Rates are subject to change. ^The comparison rates are based on a secured loan of $10,000 over a term of 3 years. The comparison rate provided includes a 2% origination fee. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Credit provided by Web3 Loans Pty Ltd ACN 668 516 952 and managed by Web3 Ventures Pty Ltd trading as Block Earner (ACN 655 090 869) under Australian Credit License 542689. *Capital is not covered by the Australian government deposit guarantee. For more info please see our Terms of Use and FAQs. Winner of 2024 WeMoney Award for Lending Innovation of the Year, 2026 WeMoney Award for Best Crypto-Backed Lending and 2026 FinTech Australia Award for Excellence in Consumer Lending for our Crypto-backed Loans. Winner of 2024 FinTech Australia Excellence in Blockchain/Distributed Ledger, 2024 Digital Economy Council of Australia Financial Services Innovator of the Year, 2025 FinTech Australia Excellence in Web3 (Blockchain or Crypto), 2025 Finder Innovation Awards Most Innovative Team, Tech Innovation and Digital Assets & Web3 Innovation. NB: These awards are for Block Earner's full suite of products and not specifically the Crypto-Backed Loans product.