Compare the Best Crypto Exchanges of 2025: Start Now!

Compare the Best Crypto Exchanges of 2025: Start Now!

While the credit/debit card fee is on the higher side, avoiding this payment method and opting for free deposit options like wire or bank drafts can help you save even more. The result was CoinSmart, a crypto exchange that offers quick checkout, a user-friendly interface, bank-grade security, and plenty of funding options in various fiat currencies. They also provide more advanced options for experts and higher volumes. Our CoinSmart review will help you determine if it’s right for you. When it comes time to deposit cryptocurrencies into their CoinSmart accounts, users are presented with simple directions in the dedicated section on the website. This makes it possible for individuals to move supported digital currencies into corresponding wallets for future trade activity or safekeeping.

But Andre got back to me in a few minutes and solved the problem. Happy to deal with a Canadian Company and with response time like this on a Saturday evening I plan to continue using their services. Sandesh was really helpful to guide through my issue.Why not 5 rating? I tried to purchase yesterday when market crash but CoinSmart do confirmed, transactions did not went through.

• If you are funding your account in cryptocurrencies then you will not be charged any fees for the inward transaction.
• For investors and traders interested in more advanced buying and selling options, you can look to the advanced trading tab.
• This practice is the industry- standard for ensuring crypto asset security, and CoinSmart uses Bitgo wallets.
• Outside those trades, all other cryptocurrency trades have a 0.4% fee.
• There appears to be a reasonable range of cryptocurrency assets available on Coinsmart which is mostly in line with other Canada based exchanges.

COINSMART SUPPORTED COINS

CoinSmart have definitely managed to bridge the gap between beginners and seasoned crypto traders with an intuitive platform and a good array of features. There is a decent learning hub for those looking to expand their knowledge and the interface is easy to use. CoinSmart is a crypto exchange that aims to coinsmart review make buying, selling and trading cryptocurrencies accessible to everyone, regardless of their experienceor knowledge.

Best Crypto Trading Platforms 2025

They can really impact your potential profits, especially if you’re a day trader, and not someone who simply DCAs their portfolio over an extended period of time. The likelihood of coming across a scammer or some sort of a malicious actor is lowered, considerably. Make sure you are also using the official website URL of your chosen exchange before depositing any money. If your account is frozen you will need to contact CoinSmart’s support team. CoinSmart is not an exchange where people often complain of accounts being frozen. However, CoinSmart can and will if they suspect suspicious activity on your account.

Coinbase – Most Secure Cryptocurrency Exchange

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Delays in deposit sometimes but always resolved in timely manner. Overall great exchange but please remember not to keep your crypto on any exchange no matter how great it is.

CoinSmart instantly verifies your account with Equifax, and you can start trading within a few minutes. Coinsmart provides simple tools like price charts and market updates. These are perfect for beginners to understand market trends. This makes it easy for beginners to get started without a big investment.

• They may be able to instill a certain level of trust back into a sometimes opaque market.
• The first step for verification is to confirm your phone number.
• However, once you have completed this step CoinSmart will have you ready to buy crypto immediately.
• Making it one of the fastest growing and most easy-to-use platform to trade Bitcoin, Ethereum, and other 7+ cryptocurrencies in Canada and Europe.
• CoinSmart’s user-friendly interface and advanced trading tools cater to novice and seasoned cryptocurrency traders.
• Once that is confirmed you are free to log back into your account and complete the verification steps.
• As a result of this, a huge portion of people is being cut out of the equation.

Supported CryptoCurrencies- CoinSmart Review

With a shorter verification process, you can open an account and begin trading in a matter of minutes. CoinSmart also offers a trading academy and a referral program, while Bitbuy has a unique program called Bitbuy Pro which offers discounted trading fees for high-volume traders. Several Canadian cryptocurrency exchange platforms operate and have similar functions as CoinSmart.

About Savvy New Canadians

Bitbuy offers our readers a $50 bonus when they sign up and make a first deposit of at least $250. Should they continue to grow at the rate they have in just the first three years, the exchange will quickly become one of the best in the industry. As mentioned, this is a limited selection but one which is powerful in terms of trading volume and popularity. As the exchange continues to grow there will undoubtedly be more names added to this list of available assets. All of the following cryptocurrencies can be paired with either the Canadian Dollar, US Dollar, or Euro. For which purpose or for what kind of people is the cryptocurrency wallet best for.

For all users, credit and debit card deposit fees can be up to 6% and have a $100/100€ minimum. Bearing that in mind, I would aim to avoid depositing with credit or debit. CoinSmart supports twelve crypto assets, two of which are stablecoins (USDC and USDT). As of September 16th, however, CoinSmart no longer fully supports USDT.

You will hit “deposit” in your CAD balance and it will pop up with the current funding options. They are presented below along with minimum / maximum amounts and average processing times. While the 10% fee for credit cards may seem exorbitant, it is most likely down to the fees charged by the payment processor. While it is a much higher fee than international exchanges such as Bitstamp, it is the same as other Canadian exchanges that offer card funding.

The mobile app has several features that we love, including SmartTrade. Users can reach out through live chat, email, or the FAQ section. In order to withdraw your crypto simply open the crypto wallets from which you would like to withdraw your crypto and select the ‘Withdraw’ option. Acknowledge the fraud warning and Enter Withdrawal Information.Now you simply need to enter the amount you wish to withdraw and hit ‘submit’ followed by ‘Accept’ on the confirmation page. This is the verification part of the process which requires you to submit a selfie. However, once you have completed this step CoinSmart will have you ready to buy crypto immediately.