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What is CoinSmart?

CoinSmart is a new way to buy and sell Bitcoin. The service allows users to trade their Bitcoin for cash, without having to go through a traditional exchange. CoinSmart also offers a mobile app, which makes it convenient for users to trade on the go.

CoinSmart is a Canadian-based company, and is one of the few exchanges that allow users to trade in CAD. The company has been operational since 2016, and has built up a good reputation in the industry.

CoinSmart is a great option for those looking for an easy way to buy and sell Bitcoin. The service is fast, convenient, and user-friendly.

How does CoinSmart work?

CoinSmart is a new online platform that allows users to buy and sell cryptocurrencies. The platform is designed to be user-friendly and is available in both English and Chinese. CoinSmart also offers a mobile app for users to trade on the go.

Users can create an account on CoinSmart by providing their email address and creating a password. Once their account is created, they can deposit funds into their account using either fiat currency or cryptocurrency. Once they have deposited funds, they can then start buying and selling cryptocurrencies on the platform.

CoinSmart charges a 0.2% fee on all trades. There is no fee for deposits or withdrawals.

CoinSmart is a safe and secure platform to use. The platform uses 2-factor authentication to help protect user accounts. In addition, all of the coins stored on the platform are stored in offline cold wallets to help keep them safe from hacking attempts.

Is CoinSmart legit or a scam?

When it comes to cryptocurrency exchanges, there are a lot of options to choose from. So, how do you know if CoinSmart is legit or a scam?

In this CoinSmart review, we’ll take a look at the company’s history, their fees, security features, and more to help you decide if they’re a good option for you.

CoinSmart is a Canadian cryptocurrency exchange that was founded in 2016. They offer trading in a variety of cryptocurrencies, as well as CAD and USD pairs. coin smart has been growing in popularity since their launch, and they now have over 100,000 users.

CoinSmart’s fees are relatively low when compared to other exchanges. For example, they charge 0.2% for crypto-to-crypto trades and 0.5% for fiat-to-crypto trades. They also have a tiered fee structure that starts at 0% for high volume traders.

When it comes to security, CoinSmart offers 2-factor authentication and keeps the majority of their assets in cold storage. They also have insurance protection against loss or theft.

Overall, CoinSmart seems like a legitimate cryptocurrency exchange with competitive fees and good security features. If you’re looking for an option to buy or sell cryptocurrencies, then CoinSmart is worth considering.

What are the pros and cons of CoinSmart?

If you’re considering using CoinSmart to buy or sell cryptocurrency, it’s important to weigh the pros and cons before making a decision.

On the plus side, CoinSmart is a licensed and registered Canadian company, which means it’s subject to Canadian laws and regulations. This can give users some peace of mind that their money is safe and protected.

CoinSmart also offers a user-friendly platform with a variety of features, such as advanced charting tools and instant withdrawals. Plus, there are no deposit or withdrawal fees for most cryptocurrencies.

However, there are some downsides to consider as well. For starters, CoinSmart doesn’t offer the same level of customer support as some other exchanges. And because it’s a relatively new exchange, there’s always the possibility that something could go wrong.

So, what’s the verdict? Overall, CoinSmart is a solid option for buying and selling cryptocurrency in Canada. Just be sure to do your own research and understand the risks before getting started.

How to use CoinSmart

If you’re looking for a way to invest in cryptocurrency without having to put down a large amount of money, CoinSmart is a great option. Here’s a step-by-step guide on how to use the platform:

1. Sign up for an account. You’ll need to provide your email address, create a password, and verify your phone number.

2. Deposit funds into your account. You can do this via bank transfer or by using a credit/debit card. The minimum deposit is $250.

3. Choose which currency you want to invest in. CoinSmart offers Bitcoin, Ethereum, Litecoin, and Ripple.

4. Start investing! You can buy and sell cryptocurrencies at any time from your CoinSmart account.

5. Withdraw your earnings. When you’re ready to cash out, you can withdraw your funds back to your bank account or credit/debit card.

Alternatives to CoinSmart

If you’re not convinced that CoinSmart is the right platform for you, there are plenty of other options to choose from. Here are a few alternative cryptocurrency exchanges that offer similar features and services:

– Kraken: One of the largest and most popular cryptocurrency exchanges, Kraken offers bank transfers, wire transfers, and credit/debit card deposits.

– Bittrex: Another popular exchange with a wide range of supported cryptocurrencies. Bittrex also offers mobile app trading.

– Bitfinex: A leading exchange for trading Bitcoin, Ethereum, Litecoin, and other major cryptocurrencies. Bitfinex also offers margin trading and lending.

– Gemini: A US-based exchange founded by the Winklevoss twins. Gemini offers both individual and institutional accounts.


Our CoinSmart review has shown that this platform is definitely legit and not a scam. They offer a great way to buy, sell, and trade cryptocurrency, and their fees are very reasonable. Overall, we were very impressed with CoinSmart and would definitely recommend it to anyone looking for a reliable and user-friendly crypto exchange.

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