Here at Coinstop, we pride ourselves on providing exceptional customer service by offering prompt and knowledgeable responses to our customer enquiries. We understand that cryptocurrency and blockchain technology is new, which is why we put so much focus on providing you with the support you need!
The Coinstop team has worked professionally in the cryptocurrency industry for over 5 years. In this time we have gained extensive knowledge across a range of topics, and we feel it's now our duty to help educate others.
Please read through the frequently asked questions below to see if your question has been answered before. If not, feel free to reach out to us by email for assistance.
And if you would like further one-on-one support, we offer in-depth remote consultations on the following:
- Bitcoin
- Blockchain Technology
- Hardware Wallet Set Up & Usage
- Exchange Account Set Up & Usage
- Security
- Privacy
- & more!
To schedule a consultation, please see the link below!
Ledger Nano S Guides and Resources:
| Guide | Description |
|---|---|
| Manage your private keys, own your crypto | How can Ledger products help you manage crypto assets securely? |
| Check if Ledger Nano S is genuine. | Use this guide to make sure your Ledger Nano S is genuine, and not fraudulent or counterfeit. |
| Initialise a new Ledger Nano S | Set up your Ledger Nano S as a new device to get started. |
| Update Device Firmware | Use this guide to update the firmware of your Ledger Nano S. |
| Restore from recovery phrase | Lost your device or accidently wiped the Nano S? Use this guide to restore a new/old Ledger Nano S using recovery phrase. |
| Receiving Cryptocurrency | You can receive crypto assets on accounts managed by your Ledger Nano S device by generating a receive address in the Ledger Live application. |
| Sending Cryptocurrency | You can send crypto assets from addresses controlled by your Ledger Nano S to a recipient address with the Ledger Live application. |
Ledger Nano X Guides and Resources:
| Guide | Description |
|---|---|
| Manage your private keys, own your crypto | How can Ledger products help you manage crypto assets securely? |
| Check if Ledger Nano X is genuine | Use this guide to make sure your Ledger Nano X is genuine, and not fraudulent or counterfeit. |
| Initialise a new Ledger Nano X | Set up your Ledger Nano X as a new device to get started. |
| Restore from recovery phrase | Lost your device or accidently wiped the Nano X? Use this guide to restore a new/old Ledger Nano X using recovery phrase. |
| Receiving Cryptocurrency | You can receive crypto assets on accounts managed by your Ledger Nano X device by generating a receive address in the Ledger Live application. |
| Sending Cryptocurrency | You can send crypto assets from addresses controlled by your Ledger Nano X to a recipient address with the Ledger Live application. |
Trezor One Guides and Resources:
| Guide | Description |
|---|---|
| Setting up the Trezor for the first time. | This article provides a guide to set up and secure your Trezor device. |
| Setting up the Trezor One home screen. | This guide shows you how to add custom homescreen designs to the Trezor One. |
| Receiving Cryptocurrency into the Trezor One | This guide is about how to receive cryptocurrency into your Trezor One device. |
| Sending Cryptocurrency out of the Trezor One | You can send crypto assets from addresses controlled by your Trezor One to a recipient address with the Trezor Wallet software. |
| Update the Trezor One device firmware | This guide shows you how to update the Trezor One device firmware. We suggest keeping your Trezor One up to date. |
Send Messages Not Metadata.
Frequently Asked Questions
HOW DO I SET UP MY HARDWARE WALLET?
All hardware wallets sold (excluding KeepKey, though there is one on the way) on the Coinstop store have easily available set up videos. If you're having some difficulty with the setup of your device, the following set up guides may be helpful to you:
ARE YOUR PRODUCTS AUTHENTIC?
Absolutely!
We are an Authorised Reseller of Trezor, Ledger and KeepKey products; all stock is 100% genuine and brand new. Please visit the following manufacturer reseller pages:
HOW DOES YOUR SHIPPING WORK?
Coinstop is based in Melbourne, Australia, and ships worldwide. If you do not see your country listed in the available options during the checkout process, please contact support@coinstop.com.au and we'll add your country to the available options.
Free shipping is available to all Australian addresses, with the option of Sign On Delivery available at no extra cost.
Postage insurance is available for an additional cost of $5.
Estimated shipping times are 1 to 3 business days, when the product is not on pre-order. Delivery to remote addresses may take slightly longer than metropolitan areas.
CAN I CHANGE MY SHIPPING DETAILS?
If the shipping details you have entered during the checkout process are incorrect or have changed, please email support@coinstop.com.au with your name, order number, and an updated shipping address to have your shipping details updated.
If your order has been dispatched you will need to use the tracking information provided via email to notify Australia Post of an alternative postal address.
If you have any issues you can contact support@coinstop.com.au
DO YOU OFFER REFUNDS OR RETURNS?
Coinstop cannot offer refunds on orders once they are posted. If your product is damaged during transit or suffers malfunctions, please email us at support@coinstop.com.au
If you confirm an order but change your mind and wish to cancel, please email support@coinstop.com.au. If your item has not been posted a refund can be issued, however this will incur a 1% fee to cover administration and transaction costs.
WHAT CRYPTOCURRENCIES TO YOUR HARDWARE WALLETS HOLD?
Cryptocurrency compatibilities change with each device and often update. Please visit the product page for the hardware wallet you are interested in, the information will be displayed on this page.
Ledger: Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, ERC20 tokens, Litecoin, Dogecoin, Dash, Zcash, Ripple, Stratis, Komodo, Ark, Expanse, Ubiq, Vertcoin, Neo, Stealthcoin, Stellar, Hshare, Digibyte, Qtum, PivX.
Trezor: Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, ERC20 tokens, LItecoin, Dash, Zcash, Expanse, Ubiq, NEM.
KeepKey: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Namecoin.
DO YOU HAVE AN AFFILIATE PROGRAM?
We do indeed!
Please email support@coinstop.com.au for further information regarding our affiliate program.
DO YOU OFFER BULK PRICES?
Yes we do.
Please email sales@coinstop.com.au for information on our bulk pricing structure.
WHAT HAPPENS TO MY COINS IF I UNINSTALL A WALLET APPLICATION (LEDGER DEVICE)?
Your coins will remain safe, though you cannot spend them without the wallet application being installed on the device and your device plugged in and unlocked. Transactions can still be received while a wallet application is not installed, providing you still have your public key for that wallet.
WHAT IS THE DIFFERENCE BETWEEN A HARDWARE WALLET AND AN ENCRYPTED WALLET STORED ON MY COMPUTER?
An encrypted wallet stored on your computer can be safe from malware and viruses, providing your password is strong enough and your computer is not already compromised.
Though this is only safe until you wish to decrypt your wallet so you can spend your cryptocurrency. Upon decryption of your wallet, your private keys will be exposed to your computer and any malware/viruses onboard.
A hardware wallet is the simplest and most cost-effective way to remove the most common remote style attacks.
WHY DOES MY PUBLIC/RECEIVING ADDRESS CHANGE EVERY TIME I TRY TO RECEIVE FUNDS?
Hardware wallets use a hierarchical deterministic protocol, meaning that every time you want to receive cryptocurrency a new address that points to your account will be generated. Any previous addresses remain active and can be reused multiple times.
WHAT HAPPENS IF I LOSE MY HARDWARE WALLET OR IT GETS STOLEN?
Most hardware wallets will be wipe upon a number of unsuccessful attempts of entering the pin code.
The contents of your hardware wallet can be restored to another wallet using your 12/18/24-word secure phrase which was generated upon setting up that hardware wallet. This is the most important piece of information that should be kept safe and private.
CAN I LOAD THE SAME WALLETS ON TO MORE THAN ONE HARDWARE WALLET?
Yes you can. Each of these wallets can be used independently and will update balances automatically as your balance changes. This does not give you twice the amount of coins, it simply gives you an added device to transact from.
WHY ARE THE HARDWARE WALLETS PACKAGED WITH USB CABLES?
The majority of hardware wallets stocked in the Coinstop store are all built without internal batteries, meaning they need to be plugged into a power source (like a computer) to operate.
The only exception being the Ledger Nano X, this device is bluetooth compatitable and can be used wirelessy.
WHAT IS THE DIFFERENCE BETWEEN A HARDWARE WALLET AND A USB DRIVE?
When you plug a USB drive into your computer, your computer can immediately access everything stored on the device.
With a hardware wallet, protections are introduced to ensure that the computer cannot communicate with the hardware wallet device, other than when a transaction request is made. A manual press of the device's confirmation button must be used to approve any transfer of data from the device. This protects your funds from any remote access tampering.
WHAT HAVE YOU/SHOPIFY DONE TO PREPARE FOR THE IMPLEMENTATION OF THE EUROPEAN UNION'S GENERAL DATA PROTECTION REGULATIONS?
Updated our Terms of Service to automatically include for all merchants a Data Processing Addendum governing how we process your European customers' personal data.
Updated our Privacy Policy to make sure we provide information around the rights individuals have under the GDPR, and more details around our processing of personal data.
Updated our Cookie Policy to include specific information about the cookies that we place through your storefront.
Updated our privacy policy generator to include some of the information that you may be required to provide under the GDPR.
Updated our marketing opt-in to allow you to be able to set it up as unchecked for your store, and also allowed you to tie abandoned cart notifications to whether the customer has opted into marketing.
Prepared a whitepaper to explain how we are approaching certain legal requirements under the GDPR.
Prepared a document to help you identify next steps as you prepare for the GDPR.
Rolling out a way for you to request that individual customer records be deleted, or to request all of the information we have collected about a customer for an access request in your admin. When you request that individual customer records be deleted, we will also be propagating these requests to the relevant apps you have installed on your store.
Updating our app store interface so that you can see exactly what personal data the apps you have installed (or want to install) request access to, as well as a more detailed privacy policy provided by the app developer.