These exchanges make it easy to trade cryptocurrency in Canada. Disappointed with the service at coinberry from delayed withdrawals to unresponsive customer support. If you are looking for a secure platform that offers low fees at the same time and you only need to trade major cryptos for now, then they are still an excellent choice. Coinberry is a cryptocurrency exchange launched in 2017 and has built up a solid reputation as one of Canada’s best crypto exchanges. The platform also has a high level of security, which can be beneficial for users that are trading in lots of cryptocurrencies with different levels of market value. Coinberry is a reputable crypto exchange that offers a secured platform to buy and sell several cryptocurrencies including Cardano.
Coinberry Fees
Within a short period of time and coinberry review a lot of understanding on their part, I was up and running. What I consider exceptional about the support is how patient and knowledgeable they were. I was nervous and frustrated with my inability to log into my account and was ready to give up. I have been using Coinberry for many months now and I have had no issues with the transfer of money or coins.
Coinberry Trading fees
- Most crypto traders feel that desktops give the best conditions for their trading.
- You can sign-up for an account on Coinberry within minutes by filling out a simple registration form.
- This is a platform used by scammers.
- However, the platform charges a spread fee that ranges from 0% to 2.5%.
Some prefer to do their crypto trading via their mobile phone. However, not all crypto investors require desktops for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. When you have bought your crypto, the platform sends it directly to your wallet address.
The great news is there are reputable crypto exchanges that have been operating for some time. You may be wondering what platform you should use for your cryptocurrency trading in Canada. I am over 70 years old and this was my first time on a cryptocurrency platform.
Coinberry Supported Coins
- Verification can help ensure real people are writing the reviews you read on Trustpilot.
- Check this Newton Review to learn more about the features and benefits of Canada’s best crypto exchange for altcoins.
- However, each exchange has its strengths that make it stand out from the other.
Once your account has been approved, you will have access to all Coinberry’s features that we’ve discussed above. This fee is added to the quoted crypto prices and is effectively calculated as a percentage of the total trade size. This includes major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which are the most popular digital assets on the market today. The platform offers users something called “Coinberry AutoPilot”, which allows users to set up recurring buys and sells for their accounts. However, the platform charges a spread fee that ranges from 0% to 2.5%.
I tried to withdraw money from my…coinberry scam
You can then choose from any of their supported currencies and place an order for it. First, go to Coinberry’s website or download the app and create an account using this link to earn a welcome bonus of $30. You can sign-up for an account on Coinberry within minutes by filling out a simple registration form.
Alwaysmoney Exchange
This means that the platform never holds the users‘ crypto assets. Coinberry is a crypto platform registered in Canada for Canadians. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform. Attempts to contact customer service have gone unanswered and the only contact point is email. Now my account is restricted and I can no longer access or see any of my assets.
Coinberry and BitBuy, the worst crypto exchanges one can possibly use
When it comes to deposits, there are no fees from the exchange side and a minimum deposit of just $50. There will also be a small mining fee depending on the crypto you trade as these network fees are not covered by the exchange. The fees range from 0% to 2.5% maximum and will vary depending on the asset and the market at the time you are trading. Among the main selling points of Coinberry are the low fees they offer for crypto trading.
While both Newton and Coinberry offer Canadian crypto traders the opportunity to buy, sell, and store digital currencies, there are some key differences between the two. This means that they both must adhere to anti-money laundering regulations. Also, Coinberry uses 2FA authentication to protect your account. Also, it has a lot of security measures in place to protect its users from getting hacked or losing money. It’s also regulated by FINTRAC, Canada’s anti-money laundering organization.
They sent an email to reset password but once the password has been changed, I still can’t access my account. Following a supposed scheduled platform update, all access to my assets has been lost. Don’t expect to withraw crypto or deposit fiat without issues. Coinberry has no compliance or customer service. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.
This does not feel right to me but I was told it is „the rules of the crypto currency market“. So I contacted customer service by email and that went back to Coinberry. I tested the account, after viewing their terms and conditions and trying to find anything else that may trip me up (as I don’t use a mobile phone), by depositing $5 into it. Now they want me to deposit the same original amount ($14,173) while they investigate and get the funds back. They have Great customer service. They have great customer services.
Top 5 Exchanges
Companies can ask for reviews via automatic invitations. This is definitely a fraud attempt to steal honest Canadian citizens money. My account was shut down but for sucurity reasons. The phone number they provide is a Florida number and is not in service. A reliable platform makes a world of difference.
At Coinberry, you will find that a total of 8 cryptocurrencies are supported for trading. With this Coinberry review, hopefully, you can now determine if it’s the right fit for your cryptocurrency trading. Coinberry is a legitimate Canadian cryptocurrency exchange that is based in Toronto, Ontario, Canada Coinberry is a Canadian cryptocurrency exchange that takes security seriously. However, Coinberry currently supports 35+ different cryptocurrencies compared to the 32+ available coins on NDAX.
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. Buy Bitcoin instantly in Canada with Coinberry, the only FINTRAC registered & PIPEDA compliant crypto trading platform trusted by the Canadian Government. Between 74-89% of retail investor accounts lose money when trading CFDs. Overall, the Coinberry trading platform is a good representation of the exchange in that it is user-friendly and efficient in its operation. Both mediums offer a trading platform that is easy to navigate and user-friendly, particularly suitable to those who are new in the sector.
Written by the company
Careful with this platform. Coinberry said the transaction was completed, but with an invalid address BTC wouldn’t accept the transaction and the funds never would have moved from Coinberry. After participating in few short trade transactions, when I tried to withdraw the funds, an unexpected change in one character in the address made the funds lost. This is a platform used by scammers. Customer support are proactive. Check on my profile for the number and contact for recovery of investment and withdrawal issues.