Coinsquare for Android sets a new bar for trading and managing digital currencies on mobile. Last I wanted to withdraw my eth, it took over two weeks and I had to send a ticket before I could withdraw, even though my withholding period was long over. Its system was hacked and personal data for over 5,000 people stolen. share. Users in other countries or who are looking to trade an array of coins won’t yet find the benefit in using the exchange. It may seem that the platform provides not many security measures if we compare it to other exchanges. Our system is 100% proprietary, has been stress tested and DDoS tested, and we have never (ever, since 2015) lost a single coin. Is coinsquare safe? And it takes less than 15 minutes to show up. Is Coinsquare a Safe Platform to use? When I did this LTC/ETH was at 0.2473 on Binance. Coinsquare also has about 90 employees and more than 100,000 users. And while this platform does make this process relatively simple, it is not free of controversy. Free 25$ when you put in 100$... get us both money <3 thanks yall referral code below. This will be resolved shortly and you'll be able to log in again. They took 5%. Coinsquare, a Canadian crypto exchange, has responded to the reports regarding a 'hack' and data breach that apparently revealed data of 50,000 users. Canada’s Coinsquare is a cryptocurrency exchange that makes it (relatively) easy for Canadians to get started with buying, selling, and trading cryptocurrencies like Bitcoin. For each transfer, the money was held for 5 full business days (which is exactly what the website said for e-transfers). Probably not a scam no, just bad service here and there, like any crypto exchange. Funding with Interac Online and Interac e-transfer: 3 day withholding period, That is what their support says regarding interac transfers. As the story goes, Coinsquare … Coinsquare responded quickly to the issue and alerted clients, but it demonstrated that the exchange may be less secure than it claims. Press question mark to learn the rest of the keyboard shortcuts Coinsquare is built in-house using 100% proprietary technology. Security. You're just one of the unlucky ones, so hopefully it gets resolves soon. The most amazing place on reddit! And, Canadians looking to bet some money on crypto-assets can gain access using platforms like CoinSmart, Wealthsimple, … This means you can feel confident that when you credit your account, in whichever currency you choose to trade, your money is going to be safe. Anyone with decent amount of experience with them that can comment? Press question mark to learn the rest of the keyboard shortcuts. Press J to jump to the feed. Coinsquare Wealth. The app has all of the same features as the online platform. Due to unscheduled maintenance users haven't been able to log in. I haven’t withdrawn fiat money as of yet, but I checked the option to do so and it says I am allowed to. We are committed to safe and secure trades. Coinsquare CEO Response To Data Breach - June 8th, 2020; Withdrawal Restrictions Nah they're just terrible. get us both 25$!! The platform offers its users a wide range of trading services. I contacted there support and they said it wasn’t there fault, with no other explanation. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Our platform makes it easy for both first timers and seasoned traders to get trading digital currencies in minutes. Question. Be wary if you do this. If you need any advice from Coinsquare support, you can contact the Compliance Officer at PO Box 6 Toronto B Toronto, Ontario, M5T 2T2, or write an e-mail to [email protected] Coinsquare phone number is absent. I would not recommend this site for crypto, very unsecure. Each portion being equivalent to $100 CAD. Which means not only did I get less LTC than I should have, then had to pay the fees, but if I immediately converted it back to ETH on Binance I would have taken another huge loss. The exchange offers its customers trading services for a variety of cryptocurrencies such as Bitcoin, Dash, and Ethereum. I've never had a problem withdrawing my fiat, though. They are trying to break into the market by providing an exchange solution that will address many of the challenges that traders face in Canada. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Our goal is to create a customer-centric safe place for Canadians to trade digital assets.” Facebook Twitter Linkedin Reddit E-Mail Telegram Source: Coinsquare I will be trying it out real soon since I made back the money I initially invested. I think the app kinda lost its connection and so every time I tried to open it, I think it would attempt to log in and fail (although it never asked me to log in). How Does Coinsquare Works? Security is the most important issue in the cryptocurrency exchange. That said, Coinsquare has never reported issues or theft from users’ wallets, which is critically important for keeping your funds safe. We continue our Coinsquare review and move on to such an important point as Coinsquare fees.
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