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50 Karma

Review on QuadrigaCX by Arun Kaul

Revainrating 3 out of 5

QuadrigaCX Exchange Review

As of now, QuadrigaCX is one of the best, if not the best, cryptocurrency exchanges in Canada.

Although QuadrigaCX is Canada-based, its services are available to citizens of all countries, except those of the United States. User verification with international IDs is supported.

Multiple Withdrawal Options - Users can withdraw their funds via options like Express Bank Transfer, Cash Delivery, Direct Bank Transfer / EFT, Bank Wire, Crypto Capital, QCX Voucher, Gift Card, Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, and Litecoin from QuadrigaCX.

Although it’s based out of Canada, QuadrigaCX also lets users buy and sell Bitcoin with United States dollars (USD). While other trading pairs that involve cryptocurrency and fiat currency on QuadrigaCX use Canadian Dollars (CAD) for the fiat currency, the trading platform still offers users multiple cryptocurrency to cryptocurrency pairs if they don’t have CAD or USD.

Support for Bitcoin Forks - Although Bitcoin forks or splits such as Bitcoin Cash and Bitcoin Gold have been very divisive for the Bitcoin community, that doesn’t change the fact that such forks are free money for holders of Bitcoin.



Pros
  • Most of the top cryptocurrencies are supported.
  • Security features are strong.
  • There are multiple funding and withdrawal methods.
  • They have a refund policy and the referral program offers generous payouts
  • There is an API are available for developers
Cons
  • Support system is not much good.
  • Trading fees are relatively high than other exchanges.
  • Advanced options are scarce for power users.