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The Review Wizard

CoinSmart Reviewed

About CoinSmart from CoinSmart...

CoinSmart has changed the landscape by making cryptocurrency accessible to Canadians with all levels of crypto experience. By offering a simple trading interface, learning tools, and excellent client support, we break down the barriers of complex and confusing crypto transactions. The platform features enterprise-grade security, cold storage, and reporting tools for tax and audit purposes.

Is what CoinSmart claims true? See what real users are saying about CoinSmart.

CoinSmart Dashboard close up.

Image Credit: CoinSmart

👍 Pros

Low trading fees for fiat and crypto trades.

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Great on-ramp for anyone looking to get involved with cryptocurrency.

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Fast sign-up and verification process.

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Advanced Trade Options: The platform caters for more advanced traders, offering limit and market orders as well stop loss functionality.

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Customer Support: 24/7 customer support. Users may contact customer support by email, phone call, live chat, and by submitting a request.

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A range of guarantees covering processing times.

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Some of the best transaction fees.

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Depositing and withdrawing currency on Coinsmart is quick and easy.

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The Coinsmart platform is regulated by FINTRAC in Canada.

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Coinsmart offers a wide range of educational resources for first-time investors.

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95% of coins are kept in cold storage with 2 Factor Authentication.

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KYC compliant and registered with the Canadian credit institution FINTRAC.

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The platform offers quick processing of deposits and withdrawals in fiat and cryptocurrencies.

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A huge emphasis on security.

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It is a duly registered company. Thus, users have rest of mind regarding the safety of their funds.

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Smart Guarantee and Referral program.

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💰Current Discounts

Interested in trying it out? Check out these CoinSmart Discounts and Coupon Codes.

$20 in Bitcoin with Promo Code

Get CoinSmart Promo Code

getcrypto


👎 Cons

Doesn't support as many cryptocurrencies as many international exchanges.

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Not available in USA.

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Currently, CoinSmart only supports 9 cryptos. These are amongst the largest by market cap, however, with more coins coming in the near future.

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No Android mobile app at present, but CoinSmart will be android compatible soon. Until then, the CoinSmart website is fully functional through a mobile browser.

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No staking option. Advanced trade is only on their website, not the app.

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At the moment, CoinSmart provides support for Canadian citizens only.

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The platform is only in English.

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⚖️ Final Say - Yay or Nay?

With low trading fees and a high starting trading limit, CoinSmart is one of the best Canadian crypto exchanges for good reasons. If you're tired of overpaying on international exchanges or only being able to buy a few hundred dollars of crypto at a time, it could be the change you're looking for.

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CoinSmart is a particularly easy to use platform offering both novice and seasoned crypto investors access to the crypto markets. Multiple options to buy, sell, deposit and withdraw cryptos, include credit/debit card make CoinSmart a competitive platform. Regulated, a high emphasis on security, and a global presence are also key attributes of CoinSmart.

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A prominent cryptocurrency exchange platform for Canadians, CoinSmart provides a secure and simple method to purchase, sell, and trade cryptocurrencies. One of the most well-known cryptocurrency exchanges in Canada, CoinSmart has minimal fees, strong security, and outstanding onboarding choices.

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Though CoinSmart has only been in business since 2018, they have already developed a strong reputation for being a transparent exchange with good backing and credibility. Canada has some of the most stringent regulations in place for user security, so immediately, knowing that CoinSmart is Canadian founded and based in Toronto is a positive.

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CoinSmart is a secure and reliable cryptocurrency exchange platform that offers a modern and slick user interface and around-the-clock customer support. It emphasizes security with features such as 2FA and user verification checks, and keeps a large portion of its crypto assets in cold storage devices. The only notable shortcomings of the exchange are the limited number of coins that it supports, and also the fact that it’s not available in the US. Despite these drawbacks, CoinSmart is still a great option for beginner crypto traders, and is definitely worth checking out.

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CoinSmart’s user-centric approach is obvious in its basic and instinctive interface, planned to lower the obstruction to section for first-time dealers whereas still advertising the progressed highlights that experienced investors search for. This double center guarantees that whether you’re making your to begin with attack into cryptocurrencies or you are a dealer looking for vigorous charting devices, CoinSmart has something for you.

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Cryptocurrency trading is indeed volatile and subject to a lot of risks. However, the brave at heart who choose to tread these murky waters should not have to deal with rigorous verification processes before being allowed to trade. That is what the Coinsmart exchange hopes to simplify for Canadians first and then other countries.

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CoinSmart is an impressive exchange. Considering that the platform is relatively new, it's important to note that CoinSmart is an effective crypto exchange service with advanced technology for the Canadian market.

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💰Current Discounts

Interested in trying it out? Check out these CoinSmart Discounts and Coupon Codes.

$20 in Bitcoin with Promo Code

Get CoinSmart Promo Code

getcrypto