It claims there have been too many logins from my IP and won't let me log in. But in 2019 the company came into the public limelight for the wrong reasons. Is "coinsquare" a good option? I believe BTC was .0025 and the LTC was 0.001. We continue our Coinsquare review and move on to such an important point as Coinsquare fees. Is coinsquare safe? It has now been over 3 days and they still wont' let me get all my coins. Coinsquare is a popular cryptocurrency exchange in Canada offering trading in Bitcoin, Ethereum and several other coins. Coinsquare is a Canadian-based exchange platform where customers can buy digital currencies like Bitcoin, Ethereum and several others safely. You can use it to buy, sell and trade Bitcoin , Litecoin and Ethereum . While I don't need that now, eventually someday I obviously would like to be able to do so, and need a good service for that time. They may have higher fees and slower service than I would like (see my other post) but they are not a scam. Coinsquare is very unsafe. ), I just removed all of my crypto from coinsquare into my wallet yesterday. Its system was hacked and personal data for over 5,000 people stolen. Nevertheless, the exchange provides much safety on its own side. Our system is 100% proprietary, has been stress tested and DDoS tested, and we have never (ever, since 2015) lost a single coin. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. I can't speak to the waiting period, as I've only ever funded my account with BTC, and only ever withdrew fiat. Anyone with decent amount of experience with them that can comment? Coinsquare appears to be pretty efficient in this respect. Is Coinsquare a Safe Platform to use? Its safe...just dont trust their graphs... Fux u up.... sometimes it looks like a certain coin is pumping. I’ve been using Coinsquare for the past month and so far I haven’t had any problem with the exchange at all. I haven’t tried to withdraw any of the cryptocurrency as I am only day trading bitcoin at the moment so I cannot tell you how that works. Posted by 1 day ago. save. They took 5%. The app has all of the same features as the online platform. Having issues with Coinsquare as well. It may seem that the platform provides not many security measures if we compare it to other exchanges. Press J to jump to the feed. Probably not a scam no, just bad service here and there, like any crypto exchange. They are SSL and 2FA enabled, with a 95% cold storage policy on all digital currencies, and they run multiple encrypted and distributed backups every day. Coinsquare has implemented various security measures to help protect our clients' accounts and funds on our platform. For each transfer, the money was held for 5 full business days (which is exactly what the website said for e-transfers). A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. You need to look for a reliable exchange with a decent choice of supported cryptocurrencies and payment methods (preferably in your native currency to avoid conversion fees), … NDAX Review Read … They have faithfully held many users coins for years. We understand that, and we take that very seriously. 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. When you sign into coinsquare there is a four digit code and I guess it is easy to hack. The website appears to b back now so at least that is fixed, but now it says the balance I can withdraw is very very tiny, and claims the rest is still subject to withholding :(. Sorry, this post was deleted by the person who originally posted it. none of the things you said would make me think it's a scam. Coinsquare, a Canadian crypto exchange, has responded to the reports regarding a 'hack' and data breach that apparently revealed data of 50,000 users. I funded my account using Interac e-transfer. THIS IS ROBBERY. We are committed to safe and secure trades. Here we take a closer look at this cryptocurrency trading platform and see what it has to offer. The next portion available on 28/2 and another portion on 3/3. Appreciate your patience. After 3 days I tried to withdraw my BTC and ETH out to an external wallet. Security. Then I tried to log on this morning, 27/2, to check on that first allotment and now the website won't even let me log in. Coinsquare has grown a lot within the past few years. Question. Coinsquare is also pretty secure, being one of only a handful of online trading platforms that haven’t fallen foul of hackers. As the story goes, Coinsquare … The platform offers a secure environment for safe transactions that you can make using fiat money or cryptocurrency. Can’t transfert my btc to another platform since 3 days. I decided to put a grand on coinsquare the other day. 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. NDAX Canadian Cryptocurrency Exchange Review Making Crypto Simple With so many options to choose from, finding the right cryptocurrency platform can be a burdensome task for crypto traders. 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. Fees were different depending on which coin. Press question mark to learn the rest of the keyboard shortcuts foreign ones. Having said that, there have never been issues of money being stolen from user wallets. Coinsquare CEO Response To Data Breach - June 8th, 2020; Withdrawal Restrictions I have been blocked once because I made too many attempts to log on. 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). Our goal is to create a customer-centric safe place for Canadians to trade digital assets." I’ve been using Coinsquare for the past month and so far I haven’t had any problem with the exchange at all. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. On 22/2 I deposited some more CAD and immediately purchased ETH and BTC. The most amazing place on reddit! Coinsquare is built in-house using 100% proprietary technology. Coinsquare is a fantastic option for Canadian residents for its variety of deposit options, lightning fast verification times, reasonable fees and clean user interface. Coinsquare is a cryptocurrency exchange that is based in Canada. We sincerely apologize for any inconvenience caused. You can withdraw LTC / BTC after the waiting period without any issues but yes there is a fee: LTC withdrawals have a 0.02 LTC per withdrawal fee for BTC that fee is 0.0025BTC per withdrawal For ETH that fee is 0.005ETH, New comments cannot be posted and votes cannot be cast, Looks like you're using new Reddit on an old browser. share. Just looks like you didn't read the instructions on the website. 2. March 8, 2020: Coinsquare has announced: "In honour of International Women's Day, Coinsquare will be donating 50% of all trading fee revenue generated between March 9th - March 15 to the Canadian Women's Foundation. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Coinsquare mobile app. Is Coinsquare Safe? Press J to jump to the feed. Coinsquare fees. Does anyone know if they charge you to move LTC or BTC from their wallet to another (Quadrica? 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. Coinsquare gave me a rate of 0.2575! Security is a top priority at Coinsquare and we would like to ensure that we are doing our due diligence in providing safe and appropriate funding methods for clients. Coinsquare also has about 90 employees and more than 100,000 users. Press question mark to learn the rest of the keyboard shortcuts. Each portion being equivalent to $100 CAD. I've never had a problem withdrawing my fiat, though. How Does Coinsquare Works? Security is the most important issue in the cryptocurrency exchange. Coinsquare is a Canadian cryptocurrency investment platform. The most amazing place on reddit! Canada's most secure trading platform for Bitcoin, Ethereum, and more. Once you fill up every detail as a prerequisite for registering, you can start trading with ease. One of the main selling points of the exchange is the fact that traders can purchase digital assets with fiat currencies. The website claimed that for Interact online deposits, the waiting period is 3 days. Let’s look at how safe Coinsquare is: Coinsquare says its platform is 100% proprietary. It said it was still withheld and that a PORTION (equivalent to $100cad) would be available on 27/2. Our platform makes it easy for both first timers and seasoned traders to get trading digital currencies in minutes. I did it last night because my ETH balance was below the minimum of 0.1 ETH for withdrawal. On 20/2 I deposited some CAD and immediately purchased ETH. r/coinsquare: This is a subreddit for users of coinsquare and cryptocurrency. Best practices for keeping your account safe! Users in other countries or who are looking to trade an array of coins won’t yet find the benefit in using the exchange. Last time i buy from coinsquare. Where is Coinsquare located? Coinsquare Networks Inc. (CNI) is an innovative fintech company that allow you to buy Bitcoin from traditional ATM machines in the United States. Is Coinsquare Safe? The much wow innovative crypto-currency. This will be resolved shortly and you'll be able to log in again. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Unfortunately you can't withdraw Fiat from Coinbase in Canada. ... Is Coinsquare Safe? my referral link to Newton free 25$ if you put in 100... get us both money <3 very safe, no deposit/withdraw fees AT ALL. Download the Coinsquare mobile app from the Google Play store or the App Store and trade on the go. The exchange offers its customers trading services for a variety of cryptocurrencies such as Bitcoin, Dash, and Ethereum. fast verification with photo.. for 25$.. Coinsquare is a cryptocurrency exchange that is based in Canada. In fact, the company was able to raise over $47.3m in the last couple of years. At the end of the day, you’re trusting your money with us. I contacted there support and they said it wasn’t there fault, with no other explanation. Be wary if you do this. While cryptocurrencies remain a highly speculative asset, so far in 2021, their uptake by retail and institutional investors has been unprecedented. When I did this LTC/ETH was at 0.2473 on Binance. hide. 2FA Withdrawal Restriction. In at least 90% of the cases, the question that you have can be resolved in the FAQ section. I funded my account using Interac e-transfer. I would suggest looking at other exchanges, even (especially!) This is an exclusive service offered to those who trade over $25,000 worth of … As far as the login problem, I had the same thing and here's the response to my support ticket: Apologies for the inconvenience. Mismanagement at every level, complete ineptitude from every department, cease and desist letters sent to former employees suspected of writing Glassdoor reviews, wash trading, securities fraud, wrongful termination of a whistleblower. INSTANT WITHDRAWS TOO AND DEPOSITS. And while this platform does make this process relatively simple, it is not free of controversy. For each transfer, the money was held for 5 full business days (which is exactly what the website said for e-transfers). Our goal is to create a customer-centric safe place for Canadians to trade digital assets.” Facebook Twitter Linkedin Reddit E-Mail Telegram Source: Coinsquare As far as dumpster fires go; Coinsquare is, was, and forever shall be one of the biggest and brightest to grace the Toronto tech scene. Is coinsquare safe? Very annoying shitt service. I want to go with somthing simple. I had to hop onto the actual website and log in from there. I haven’t withdrawn fiat money as of yet, but I checked the option to do so and it says I am allowed to. get us both 25$!! Coinsquare for Android sets a new bar for trading and managing digital currencies on mobile. Then I talked to a friend of mine who said he was trying to withdraw ETH directly and he could not, that he was being told he have to convert it back to Fiat before he could withdraw it. Nah they're just terrible. And it takes less than 15 minutes to show up. In fact, it provides nothing with the exception of 2fa, password, and friendly advice to keep away from the phishing websites. Question. Reddit. The much wow innovative crypto-currency. Coinsquare takes client security very seriously, and we value client awareness and participation in our security features. By partnering with the world's largest ATM manufacturers, our solution integrates seamlessly with your everyday ATM experience, but with the magic of Bitcoin as an option for purchase. Coinsquare is a cryptocurrency exchange located in Canada. That said, Coinsquare has never reported issues or theft from users’ wallets, which is critically important for keeping your funds safe. Coinsquare is a regulated Canadian corporation with, so far, a good track record. There’re one of the more prominent company in the space, having had ads featured in major medias. Press question mark to learn the rest of the keyboard shortcuts. Due to unscheduled maintenance users haven't been able to log in. When I sign into coinsquare all my bitcoin was gone. I would not recommend this site for crypto, very unsecure. Recently, the company declared they want to sell shares to the public for $120m in IPO. I will be trying it out real soon since I made back the money I initially invested. Coinsquare Wealth. I've been using it for a couple months, only thing I don't like about it is that you can only do market trades on the Android app. Now im trying to transfer to quadriga and i cant even transfer out all the btc and ltc i bought a time it wont let me transfer more than .2 LTC at a time and each time i have to pay a withdrawl fee. This means you can feel confident that when you credit your account, in whichever currency you choose to trade, your money is going to be safe. Despite the numerous behind-the-scenes security protocols Coinsquare has in place, there are some additional security measures our clients can take to protect their accounts. In the Interim, please check your private messages. Coinsmart is a relatively new Canadian cryptocurrency exchange that opened their doors in July of 2018. It was 2 weeks ago so I don’t really remember what I had to do but it took me about a minute or two to be able to log back in. Cons. If you need any advice from Coinsquare support, you can contact the Compliance Officer at PO Box 6 Toronto B Toronto, Ontario, M5T 2T2, or write an e-mail to [email protected] Coinsquare phone number is absent. You're just one of the unlucky ones, so hopefully it gets resolves soon. And, Canadians looking to bet some money on crypto-assets can gain access using platforms like CoinSmart, Wealthsimple, … In short, it’s safe to say that Coinsquare is not a scam. I converted to LTC and withdraw that instead. Coinsquare reviews online are positive and up to now it can be concluded that Coinsquare is legit. Close. Coinsquare responded quickly to the issue and alerted clients, but it demonstrated that the exchange may be less secure than it claims. 6 comments. Alice KostnerAccount and Community ManagerCoinsquaree. Free 25$ when you put in 100$... get us both money <3 thanks yall referral code below. So now I'm holding the LTC in the hopes of getting a better trade back to ETH in the future but it hasn't been that high since the spike 2-3 days ago. For starters, if there is a general question that you had then you are probably best suited to try out the online FAQ section . support@coinsquare.io | w. https://coinsquare.io. Security. Withdrawal restrictions are used as a method to safeguard accounts under certain circumstances. Funding with Interac Online and Interac e-transfer: 3 day withholding period, That is what their support says regarding interac transfers. The platform offers its users a wide range of trading services. Best thing about Coinsquare is, you can make withdrawals for only 2 Doge. Coinsquare believes that it is one of the safest cryptocurrency platforms. Coinsquare is Canada’s leading and most secure digital asset trading platform for trading Bitcoin, Ethereum, Litecoin, Dash and more.
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