When you hear Dasset, a cryptocurrency exchange platform focused on simple trading and low fees. Also known as Dasset Exchange, it’s one of the platforms traders in Australia and beyond use to buy Bitcoin, Ethereum, and other coins without the clutter of complex interfaces. But is it just another shiny app, or does it actually deliver on its promises? Many users jump on Dasset because it claims to be easy for beginners and cheap for active traders—but the real test is in the details: How fast are withdrawals? Is your money safe? And does it actually beat bigger names like Binance or Kraken?
What makes Dasset stand out—or fall short—is how it handles crypto exchange security, the measures taken to protect user funds from hacks, scams, and internal failures. Unlike some exchanges that store most coins online, Dasset uses cold storage for the majority of assets, which reduces risk. But cold storage alone doesn’t mean you’re safe. You also need to check if they’ve ever been breached, how transparent they are about audits, and whether they offer two-factor authentication that actually works. Then there’s Dasset fees, the charges applied to trades, deposits, and withdrawals. Their trading fee is low—around 0.1%—which sounds great until you realize they charge higher fees for fiat deposits via bank transfer. Compare that to exchanges like Kraken, which offer free bank deposits in some regions, and the picture gets messy.
Another big factor is customer support, the ability to get help quickly when things go wrong. If your deposit disappears or your withdrawal gets stuck, do they respond in hours or days? Real users report long wait times and robotic replies, which is a red flag when you’re trading volatile assets. And while Dasset supports a decent list of coins—Bitcoin, Ethereum, Solana, Cardano—it doesn’t offer the wild altcoins or DeFi tokens you’ll find elsewhere. That’s fine if you’re a beginner, but if you’re looking to trade niche tokens or use advanced tools like limit orders or stop-losses, you’ll hit limits fast.
So who is Dasset really for? If you’re in Australia and want a simple, no-nonsense way to buy your first Bitcoin with AUD, it’s a solid pick. But if you’re trading daily, managing multiple assets, or care about deep liquidity and fast withdrawals, you’ll likely outgrow it. The platform doesn’t have the tools or transparency of top-tier exchanges, and its reputation among experienced traders is mixed at best. That’s why we dug into real user experiences, fee structures, and security practices to bring you a clear, no-fluff breakdown below. What you’ll find here aren’t marketing claims—they’re facts pulled from actual trading logs, support tickets, and community feedback. Whether you’re considering signing up or just wondering if you should stick with it, the answers are right here.
Dasset was New Zealand's first compliant crypto exchange-until a banking crisis froze all withdrawals. This review covers its rise, collapse, and what it means for Kiwi crypto users today.
Oct, 29 2025
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