Is CoinSpot safe in Australia?

I'm considering using CoinSpot to buy and sell cryptocurrencies in Australia, but I'm concerned about its safety. Can you tell me if CoinSpot is a secure platform to use? I've heard about some crypto exchanges being hacked in the past, so I want to make sure my funds will be protected if I choose to use CoinSpot. Also, what kind of security measures does CoinSpot take to ensure the safety of its users' data and transactions? I'd appreciate it if you could provide some insight into this matter.