Introduction
If you’re looking for a reliable and user-friendly crypto exchange, CoinSquare is definitely worth considering. In this review, we’ll go over the basics of the platform, including its regulations, supported cryptocurrencies, and traders’ ratings.
What is CoinSquare.com?
CoinSquare is a Canadian-based exchange specializing in Bitcoin and Ethereum trading. The company was founded in 2015 by Virgile Rostand and Charles Cournoyer, with the goal of providing a secure and user-friendly platform for digital currency trading.
CoinSquare is one of the few exchanges that allows users to trade both Bitcoin and Ethereum against CAD (Canadian Dollar). The platform also supports BTC/ETH Margin Trading and offers a mobile app for Android and iOS devices.
CoinSquare is a regulated exchange, holding a Money Service Business license from FINTRAC. The company has implemented KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to ensure compliance with Canadian law.
CoinSquare offers 24/7 customer support via live chat, email, and phone. The platform has earned a 4-star rating on Trustpilot, with users praising the customer service, ease of use, and security features.
How Does CoinSquare.com Work?
CoinSquare.com is a digital currency trading platform that allows users to buy and sell bitcoins and other digital currencies. The platform is designed for both beginner and experienced traders, and offers a variety of features and tools to help users trade effectively.
CoinSquare.com offers a simple and intuitive interface that makes it easy to buy and sell digital currencies. The platform supports a variety of payment methods, including credit and debit cards, bank transfers, and PayPal. CoinSquare.com also offers a mobile app for iPhone and Android devices, which allows users to trade on the go.
CoinSquare.com charges a 0.5% fee on all trades, and offers margin trading with leverage up to 1:2. The platform also has a referral program that pays users when they refer new members to the site.
The Pros and Cons of Using CoinSquare.com
CoinSquare.com is a Canadian based cryptocurrency exchange that allows users to buy and sell Bitcoin, Ethereum, Litecoin, and other digital currencies. The website is one of the few exchanges that accept CAD (Canadian Dollars) deposits and withdrawals. They also offer a mobile app for Android and iOS devices. The company has been in business since 2015 and is headquartered in Toronto, Canada.
The Pros:
1. One of the few exchanges that accept CAD deposits/withdrawals
2. Offers a mobile app
3. Has been in business since 2015
4. Headquartered in Toronto, Canada
5. Low fees (0.2% taker fee, 0% maker fee)
6. Supports 4 major cryptocurrencies (BTC, ETH, LTC, BCH)
7. Allows for margin trading with up to 4x leverage
8. Secured with 2-factor authentication
The Cons:
1. Not available to US citizens/residents due to regulations
2. Limited payment methods (Interac e-Transfer, Wire Transfer)
3. Can be difficult to navigate for new users
CoinSquare.com Review – Final Thoughts
When it comes to trading digital assets, CoinSquare is one of the most popular choices among investors and traders. The company has been in operation since 2015 and is headquartered in Toronto, Canada.CoinSquare is a regulated platform that allows users to buy and sell Bitcoin, Ethereum, Litecoin, and other digital currencies. The platform also offers an OTC desk for large trades, as well as a mobile app for iOS and Android devices.CoinSquare has a user-friendly interface and offers a wide range of features to its users. Overall, we believe that CoinSquare is a reputable and reliable platform for buying and selling digital assets.
Additional Resources
If you’re looking for more information on CoinSquare.com, we’ve gathered some additional resources below.
Regulations:
CoinSquare is a Canadian company and is subject to Canadian laws and regulations. The company is also a member of the Canadian Virtual Exchange (CVX).
Platforms:
CoinSquare offers trading on two platforms: their proprietary platform, Coinsquare Trading Desk, and the popular MetaTrader 4 (MT4) platform.
Traders Ratings:
CoinSquare has generally good reviews from traders. On TrustPilot, the company has a 4 out of 5 star rating, with 86% of reviewers rating them as “Excellent” or “Great”.