Find out what customers truly think and feel about the company, product, or service. I want my money & will never use a Canadian crypto platform again as this is my 3rd try & strike. I sent to my external wallet addy & they froze everything except allowed me to deposit more money & froze that also! Then she somehow got the money from my account to put into my coinsmart account.
As it is increasingly being adopted as an alternative form of currency and payment for services, it has become attractive for long-term investors. With the price of Bitcoin reaching record highs in the past months, an increasing number of investors are getting into cryptocurrency. “Bittrex is holding 3,000.00 dollars of crypto I have, and I can’t contact the company to retrieve my…“
Pricing and fees
Then, you choose the coin you want to trade with fiat or other cryptocurrencies. It’s simple for beginners to navigate and contains features that advanced traders need. The CoinSmart trading platform receives four out of five stars.
Coinbase vs. CoinSmart
Bitbuy will retain most CoinSmart feature so if you’re interested in an account be sure to check out our Bitbuy review. They also offer more advanced options for experienced and higher volume traders. They wanted to provide a reliable exchange that was both beginner friendly and easily accessible to Canadians. Founded in 2018 by Justin Hartzman and Jeremy Koven when they found it difficult to fund and get verified on other exchanges.
Why is crypto so expensive to withdraw?
The varying withdrawal costs of cryptocurrencies can be attributed to various factors, namely the type of digital Asset, market conditions, and network sustainability policies. These costs are also adjusted based on the network fees (gas fees) required by the blockchain network.
Best Crypto Exchanges
What is the best crypto staking platform in Canada?
Why Bitbuy is your best choice for staking. We provide Canadians with convenient, dependable, and secure access to staking and buying and selling cryptocurrencies. Established in 2016, we've gained a reputation as Canada's most trusted and secure cryptocurrency exchange platform.
I want to know how long does it take for me to transfer money from my wallet at Coin Smart to another wallet with bitcoin? This review is written by an individual who has purchased the reviewed product/service and/or confirms being a paying customer of this company. Click on buy or sell and choose the cryptocurrency you want to transact.
With the rise of crypto, more and more investors are turning to crypto exchanges to join the rising trend.
CoinSmart has reasonable fees for fiat deposits and withdrawals, along with fairly standard crypto withdrawal fees. The result was CoinSmart, a crypto exchange that offers fast verification, a user-friendly interface, bank-grade security and many options for funding in different fiat currencies. CoinSmart is a cryptocurrency exchange based in Toronto that caters to crypto users around the world. Coinbase is an established platform with millions of users and stands tall among its peers, while CoinSmart is a young but compelling service that has managed to build a good following. Both platforms also offer fantastic customer support, with CoinSmart having an edge thanks to its 24/7 chat availability.
- I sent to my external wallet addy & they froze everything except allowed me to deposit more money & froze that also!
- The crypto industry is booming, and CoinSmart is on a mission to make cryptocurrency such as Bitcoin, Ethereum, as well as alt coins like Doge and Solana, accessible to everyone.
- CoinSmart is a cryptocurrency exchange based in Toronto that caters to crypto users around the world.
- While signing up and using it is free, Coinbase generally has a confusing fee structure that depends on two factors.
CoinSmart Customer Service
Trading fees on the exchange are 0.2% when trading between Canadian Dollars and a crypto asset, and 0.4% when making a trade that does not involve Bitcoin. CoinSmart also offers its users a cold digital wallet for each cryptocurrency offered on the exchange. Trading fees on CoinSmart are 0.2% when trading between Canadian dollars and a crypto asset, while making a trade that doesn’t involve Bitcoin nets you a 0.4% fee. Operating as platforms that facilitate buying, trading and selling numerous cryptocurrencies, these exchanges offer the easiest way coinsmart review to get into crypto. The platform offers various deposit methods, but the fees are a bit steep. The platform charges various fees for cryptocurrency withdrawal, but the processing is immediate.
CoinSmart User Experience
By collecting 20 signatures, you can raise awareness, and your complaint will be sent directly to the company. Start a collective complaint today and gather other consumers facing the same issue with a company. But he only writes back that i should write to coinsmart. Now i want the money back, so i chatted with him (smartotc). I have invested more than $146,000, and for the past two months, I have been restricted from withdrawing any money.
Hmmm Good stategy to convince someone to pay 600 to get more money out of them. Which they say is in Belgium bit there is no address, Then she was going to release 2200 dollars from my Litegraph account. Then Coinsmart froze my account, of which I am grateful.
Although bank wire transfers are free, the minimum deposit is $10,000 and can take three to five days to reach CoinSmart. CoinSmart doesn’t charge Canadian residents to fund their accounts using bank wire and bank draft. The fees and processing time for Canadian and European customers vary. You can withdraw fiat or cryptocurrencies by clicking on the wallet icon.
Top CoinSmart Reviews
CoinSmart’s services are available to more than 40 countries, although it excludes the U.S. Benzinga compared CoinSmart to other platforms to see how it fared. Investors who want a simple and secure trading platform can find it in CoinSmart. The navigation makes buying and selling cryptos simple and allows you to see the trading history. The company wants to provide good service, so it rewards its customers when they experience poor service from CoinSmart.
I transferred $110 out of my account with Coin Smart to an outside digital wallet I want to know how long it takes for this money to show up in that account or… The dashboard allows you to deposit funds and see cryptocurrency prices and trends. After the verification process, the platform makes cryptocurrency investing easy.
It also shows you price trends and lets you open wallets for all the coins without funding them. CoinSmart processes deposits the same day it receives them. You can also use the dashboard for deposits and withdrawals.
How satisfied are the customers?
- The 1.5% fee is quite common and you’ll also find it on fellow Canadian exchange Bitbuy.
- On the SmartTrade section, you select to buy or sell cryptocurrencies.
- They saved my bacon by freezing my account.
- Beginners can easily buy or sell cryptocurrencies with the click of a button.
The funds reflect immediately in your trading account, but $5,000 is the maximum deposit. The fees are zero if you deposit over $2,000 via Interac e-Transfer. The same applies to most trading platforms that cater to global customers. In this scenario, the rep was able to explain about the company relisting XRP but couldn’t say why CoinSmart’s services are unavailable to U.S. residents.
The crypto industry is booming, and CoinSmart is on a mission to make cryptocurrency such as Bitcoin, Ethereum, as well as alt coins like Doge and Solana, accessible to everyone. The team at CryptoVantage.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers. He has a keen and vested interest in cryptos involving decentralized backend exchanges, payment processing, and power-sharing. Finally CoinSmart offers an excellent referral program where you can refer friends and if they deposit at least $100 then you both receive $15.
Ive got scam by an email that I received mentioning that I needed to pay a gas fee in order withdraw some money. Anyway, Thanks for freezing the account for me and sending the money back. I have now transferred that money back to my account with the instructions given by Mark. I told her no, I need the money in my account, but she said trust me and you will get your money.