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What is Groestlcoin?

Groestlcoin (GRS) is a proof of work (PoW) cryptocurrency similar to Litecoin and Bitcoin, which offers a 1 minute block time, and a block size of 1MB.

  • GRS is fast, secure, has extremely low fees and features the Grøstl-512 cryptographic hash function.
  • The project is completely community driven and its development works in 3-month cycle with new updates and features released each cycle.
  • The team advise that they are the first coin to activate SegWit and become Lightning Network ready.

With its community driven approach and focus on continuous development, the Groestlcoin team believe GRS is one of the most advanced coins on the market.

How do I swap Groestlcoin?

Enter amount to swap
Select the quantity of Groestlcoin you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Groestlcoin

Why Should I Trade GRS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Groestlcoin no matter what your trading experience is. Unlike other international and Australian Groestlcoin exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Groestlcoin with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Groestlcoin how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Groestlcoin?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Groestlcoin for free.

Cold Storage

If you are holding Groestlcoin as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Groestlcoin. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Groestlcoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Groestlcoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Groestlcoin is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Groestlcoin exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Groestlcoin & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Groestlcoin safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Groestlcoin portfolio here.
Yes! With CoinSpot you can convert your Groestlcoin to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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