Review on Coinsquare by Sergio Daniel Delgado
Is Coinsquare Safe?
Coinsquare is a cryptocurrency exchange established in 2015 and headquartered in Toronto, Canada. The exchange offers a gateway to Bitcoin and similar digital assets, with a high emphasis on the Canadian financial marketIt offers exceptional security features and appears to be a safe company to trade with. Experienced traders will find the company’s offering somewhat too basic.
The minimum deposit needed to confirm one’s bank account on Coinsquare is $ 100. This exchange does accept clients from the US, except residents of New York.
As CoinSquare is inclined mainly towards the Canadian financial market and accepts deposits in CAD (Canadian dollar), the company is also tied to the traditional Canadian banking system. It means that you as a client on this exchange have the option to make deposits and withdraw funds to your bank account in Canadian dollars.
Pros
- Overall, if you are living in Canada, then Coinsquare is your ideal exchange. If you are an international investor.
Cons
- However, you will still be better off with other top-tier cryptocurrency exchanges.
