Coinsquare Review 2025

Introduction

Coinsquare is a Canadian cryptocurrency exchange platform that has gained attention for its user-friendly interface and robust features. It had established itself as one of the leading exchanges in Canada, offering a range of services for trading various cryptocurrencies.

One of Coinsquare’s notable features is its intuitive trading interface, which caters to both novice and experienced traders. The platform provides access to a variety of cryptocurrencies, including popular ones like Bitcoin, Ethereum, Litecoin, and more, allowing users to diversify their portfolios easily.

Security is a significant concern in the cryptocurrency space, and Coinsquare addresses this by implementing various security measures to protect users’ funds and personal information. These measures typically include two-factor authentication (2FA), cold storage for the majority of funds, and encryption protocols.

Another aspect that users appreciate about Coinsquare is its customer support. The platform offers multiple channels for users to seek assistance, including email support and a comprehensive knowledge base. Prompt and helpful customer service is crucial in the fast-paced world of cryptocurrency trading, and Coinsquare seems to deliver in this aspect.

However, like any platform, Coinsquare isn’t without its drawbacks. One common criticism is its fee structure, which some users find to be on the higher side compared to other exchanges. Additionally, there have been occasional reports of delays in withdrawals and account verification processes, which can be frustrating for users looking to access their funds quickly.

Coinsquare Platform Attributes

• User-Friendly Interface: Coinsquare provides a user-friendly interface that caters to both novice and experienced traders, making it easy to navigate and execute trades.
• Diverse Cryptocurrency Selection: The platform offers a diverse selection of cryptocurrencies, including popular ones like Bitcoin, Ethereum, Litecoin, and more, allowing users to diversify their portfolios.
• Robust Security Measures: Coinsquare prioritizes security and implements measures such as two-factor authentication (2FA), cold storage for funds, and encryption protocols to protect users’ funds and personal information.
• Responsive Customer Support: Coinsquare offers multiple channels for users to seek assistance, including email support and a comprehensive knowledge base, ensuring prompt and helpful customer service.
• Competitive Fee Structure: While some users may find the fee structure on the higher side compared to other exchanges, Coinsquare generally offers competitive fees for trading cryptocurrencies.

Coinsquare is a reputable and reliable cryptocurrency exchange platform that caters to Canadian users seeking a secure and user-friendly trading experience. With its intuitive interface, diverse selection of cryptocurrencies, robust security measures, responsive customer support, and competitive fee structure, Coinsquare remains a compelling choice for both beginners and experienced traders. However, potential users should be mindful of the fee structure and potential delays in withdrawals and account verification processes. Overall, Coinsquare offers a solid option for Canadian cryptocurrency enthusiasts looking to engage in digital asset trading.

The Pros and Cons

Pros

• Wide Range of Cryptocurrencies: Coinsquare supports a diverse selection of cryptocurrencies, allowing traders to access popular coins like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others. This variety enables users to diversify their portfolios and explore different investment opportunities.
• Robust Security Measures: Coinsquare prioritizes the security of user funds and personal information. The exchange implements industry-standard security protocols such as two-factor authentication (2FA) and encryption to safeguard accounts from unauthorized access and cyber threats.
• User-Friendly Interface: The platform features an intuitive and easy-to-navigate interface, making it suitable for both novice and experienced traders. Users can access essential trading tools and features without encountering complexity, enhancing the overall user experience.
• Fiat Currency Support: Coinsquare supports fiat-to-cryptocurrency trading pairs, allowing users to buy and sell digital assets using traditional currencies like USD and CAD. This feature simplifies the onboarding process for new traders and provides added convenience.
• Advanced Trading Features: Coinsquare offers advanced trading features such as limit orders, market orders, and stop orders, empowering users to execute their trading strategies with precision. The availability of these tools enhances the trading experience and caters to the needs of professional traders.
• Responsive Customer Support: Coinsquare provides customer support through various channels, including email and live chat. The support team is known for its responsiveness and helpfulness, assisting users with inquiries, technical issues, and account-related matters in a timely manner.
• Regulatory Compliance: Coinsquare adheres to regulatory guidelines and compliance standards, providing users with confidence in the legitimacy and reliability of the platform. By maintaining compliance with relevant regulations, Coinsquare aims to foster trust and credibility within the cryptocurrency community.

Cons

• High Fees: Some users may find Coinsquare’s fee structure to be on the higher side compared to other exchanges. The platform charges fees for trading, depositing, and withdrawing funds, which can accumulate and affect users’ profitability, especially for frequent traders.
• Account Verification Delays: There have been occasional reports of delays in the account verification process on Coinsquare. This can be frustrating for users who are eager to start trading but are unable to do so until their accounts are fully verified, leading to dissatisfaction and potential loss of opportunities.

Coinsquare offers a user-friendly platform with a diverse selection of cryptocurrencies and robust security measures, making it a reputable option for cryptocurrency trading. The intuitive interface and responsive customer support contribute to a positive user experience, attracting both novice and experienced traders. However, the platform’s fee structure, which some users find to be high, and occasional delays in the account verification process are areas for improvement. Overall, Coinsquare provides a solid trading platform with room for refinement to better meet the needs of its users.

Brokerage Services

• Instant Buying/Selling: Coinsquare’s brokerage services allow users to instantly buy and sell cryptocurrencies at current market prices without needing to place orders on the exchange.
• Fixed Price: Users can purchase cryptocurrencies at a fixed price provided by Coinsquare, which is typically slightly higher than the market price. This fixed price eliminates price fluctuations during the transaction process, providing users with certainty about the amount they will pay or receive.
• Access to Exchange Liquidity: Coinsquare’s exchange brokerage services provide users with access to the liquidity of the Coinsquare exchange, allowing for seamless execution of large trades without causing significant price slippage.
• Advanced Trading Tools: Users can leverage the advanced trading tools available on the Coinsquare exchange platform, such as real-time market data, advanced charting capabilities, and customizable trading indicators, to inform their trading decisions.

Payment Methods

Coinsquare offers several payment methods to facilitate the deposit and withdrawal of funds on its platform. These payment methods may vary depending on the user’s location and regulatory requirements. Payment methods supported by Coinsquare include:

• Interac e-Transfer: Users in Canada can deposit Canadian dollars (CAD) into their Coinsquare accounts quickly and securely using Interac e-Transfer. This method allows for instant transfers from participating Canadian banks.
• Wire Transfer: Coinsquare supports wire transfers for users who wish to deposit or withdraw larger amounts of fiat currency (such as CAD or USD). Wire transfers typically take a few business days to process.
• Flexepin: Flexepin vouchers can be purchased with cash at various retail locations and redeemed on Coinsquare for instant funding of accounts. This method provides a convenient option for users who prefer to use cash for transactions.
• Cryptocurrency Deposits: Coinsquare allows users to deposit various cryptocurrencies directly into their accounts. Supported cryptocurrencies may include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others.
• Express Interac e-Transfer: This is an accelerated version of Interac e-Transfer, which allows for faster deposits of Canadian dollars into Coinsquare accounts.

Registration Process

How to Open an Account

• Visit Coinsquare Website: Go to the official Coinsquare website using your web browser.
• Click on “Sign Up”: Locate the “Sign Up” or “Register” button on the homepage and click on it to initiate the registration process.
• Enter Personal Information: Fill out the registration form with your personal details, including your full name, email address, and desired password.
• Verify Email: Check your email inbox for a verification email from Coinsquare. Click on the verification link provided in the email to confirm your email address.
• Complete Verification Process: Follow the instructions provided by Coinsquare to complete the verification process. This may involve providing additional personal information and verifying your identity through document uploads.
• Set Up Two-Factor Authentication (Optional but Recommended): Enable two-factor authentication (2FA) for added security. This typically involves setting up an authentication app or receiving SMS codes to verify your identity when logging in.
• Agree to Terms and Conditions: Review and agree to Coinsquare’s terms of service and privacy policy.
• Submit Registration: Once you have completed all required steps, submit your registration to create your Coinsquare account.

Overall, Coinsquare’s registration process is well-designed and ensures a secure and transparent onboarding experience for users.

Deposit & Withdrawal Options

Deposit Options

• Cryptocurrency Deposit: You can transfer various cryptocurrencies from your external wallet or another exchange to your Coinsquare account. Coinsquare provides unique deposit addresses for each supported cryptocurrency. This option offers fast and convenient fund transfers without the need for traditional banking channels.
• Fiat Deposit: Coinsquare also supports fiat currency deposits, allowing users to deposit funds via bank transfer or other supported payment methods. Users can deposit fiat currencies such as CAD, USD, and others to their Coinsquare accounts for trading purposes.

Withdrawal Options

• Cryptocurrency Withdrawal: This option enables you to transfer cryptocurrencies from your Coinsquare wallet to an external wallet address. Specify the withdrawal amount and provide the destination wallet address. Cryptocurrency withdrawal offers flexibility and control over your digital assets.
• Fiat Withdrawal: Coinsquare allows users to withdraw fiat currencies from their accounts via bank transfer or other supported methods. Users can withdraw funds in fiat currencies such as CAD, USD, and others, to their bank accounts.

Coinsquare provides users with convenient options for depositing and withdrawing funds, whether in cryptocurrencies or fiat currencies. The platform’s straightforward deposit and withdrawal processes, along with clear instructions, contribute to a user-friendly experience. However, users should ensure they input the correct wallet addresses and follow security best practices to safeguard their funds.

How to Deposit Funds

• Log in to Your Coinsquare Account: Visit the Coinsquare website and log in to your account using your credentials.
• Navigate to the Deposit Section: Once logged in, find and click on the “Balances” or “Wallet” section within your account dashboard.
• Choose Your Preferred Deposit Method: Select “Deposit” next to the cryptocurrency you wish to deposit.
• Follow the Provided Instructions: Coinsquare will provide you with a unique deposit address. Transfer the desired amount of cryptocurrency from your external wallet or another exchange to the provided deposit address.
• Initiate the Deposit: Complete the necessary steps to initiate the deposit, such as confirming the transaction and waiting for it to be confirmed on the blockchain network.

How to Withdraw Funds

• Log in to Your Coinsquare Account: Access your Coinsquare account by logging in with your credentials.
• Navigate to the Withdrawal Section: Locate and click on the “Balances” or “Wallet” section within your account dashboard.
• Select Your Preferred Withdrawal Method: Choose “Withdraw” next to the cryptocurrency you wish to withdraw.
• Provide Necessary Details: Enter the withdrawal amount and the destination wallet address.
• Confirm the Withdrawal: Review the details of your withdrawal request and confirm to proceed with the transaction.
• Wait for Processing: Allow some time for Coinsquare to process your withdrawal request. Processing times may vary depending on the selected withdrawal method and other factors.

Coinsquare provides users with convenient options for depositing and withdrawing funds. Cryptocurrency deposits and withdrawals offer flexibility and fast transactions, allowing users to manage their digital assets with ease. The platform’s straightforward deposit and withdrawal processes, along with clear instructions, contribute to a user-friendly experience. However, users should ensure they input the correct wallet addresses and follow security best practices to safeguard their funds.

Trading Platform

Coinsquare primarily offers its proprietary trading platform for users to buy, sell, and trade cryptocurrencies. This platform, developed and maintained by Coinsquare, provides users with a user-friendly interface, advanced trading tools, real-time market data, and customizable features to facilitate cryptocurrency trading activities.

Coinsquare’s trading platform is designed to cater to both novice and experienced traders, offering intuitive navigation, robust security measures, and responsive customer support. The platform typically supports various order types, including market orders, limit orders, and stop orders, allowing users to execute their trading strategies efficiently.

While Coinsquare’s trading platform is its primary offering for cryptocurrency trading, it’s worth noting that the exchange may also integrate with third-party trading platforms or APIs to provide additional functionalities or access to liquidity from other exchanges. However, the core trading experience for Coinsquare users typically revolves around its proprietary trading platform.

Key Aspects

• User-Friendly Interface: Coinsquare offers a user-friendly interface that makes it easy for both beginners and experienced traders to navigate the platform and execute trades efficiently.
• Security Measures: Coinsquare prioritizes the security of user accounts and funds, implementing measures such as two-factor authentication (2FA), cold storage for funds, and encryption protocols to safeguard against unauthorized access and cyber threats.
• Diverse Cryptocurrency Selection: The platform supports a diverse range of cryptocurrencies, allowing users to trade major assets like Bitcoin and Ethereum, as well as a variety of altcoins, providing ample opportunities for portfolio diversification.
• Advanced Trading Tools: Coinsquare provides users with access to advanced trading tools and features, including real-time market data, advanced charting capabilities, and customizable trading indicators, empowering users to make informed trading decisions.
• Regulatory Compliance: Coinsquare aims to maintain regulatory compliance in the jurisdictions where it operates, adhering to legal requirements and implementing robust compliance measures to ensure a safe and transparent trading environment for users.

Overall, Coinsquare offers a comprehensive cryptocurrency trading platform with several key strengths. The user-friendly interface makes it accessible to traders of all experience levels, while robust security measures instill confidence in users’ accounts and assets. The platform’s diverse cryptocurrency selection and advanced trading tools provide flexibility and opportunities for traders to capitalize on market movements effectively. Additionally, Coinsquare’s commitment to regulatory compliance enhances trust and transparency, contributing to a positive user experience overall. However, continuous improvements in platform features and customer support could further enhance Coinsquare’s competitiveness in the cryptocurrency exchange landscape.

FAQs

• How do I create an account on Coinsquare?
  To create an account on Coinsquare, visit the website and click on the “Sign Up” button. Fill out the registration form with your personal details, verify your email address, and complete any required identity verification steps.
• What cryptocurrencies can I trade on Coinsquare?Coinsquare supports a variety of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), and more.
• What payment methods does Coinsquare accept?Coinsquare accepts Interac e-Transfer, wire transfer, Flexepin vouchers, and cryptocurrency deposits for funding your account. Withdrawals can be made via wire transfer or cryptocurrency.
• Is Coinsquare safe to use?
  Coinsquare prioritizes the security of users’ accounts and funds. The platform implements measures such as two-factor authentication (2FA), cold storage for funds, and encryption protocols to protect against unauthorized access and cyber threats.
• What are the fees on Coinsquare?
  Coinsquare charges fees for trading and withdrawals, which vary depending on the specific transaction and account type. Fees are typically based on a percentage of the transaction amount or a fixed fee.
• How long does it take to process deposits and withdrawals on Coinsquare?
  Deposit and withdrawal processing times on Coinsquare can vary depending on the payment method used and other factors. Generally, cryptocurrency deposits are processed quickly, while fiat currency withdrawals may take several business days.
• Does Coinsquare offer customer support?
  Yes, Coinsquare provides customer support to assist users with inquiries or issues they may encounter while using the platform. Support can be contacted via email or through the platform’s help center.
• Is there a mobile app for Coinsquare?
  Yes, Coinsquare offers a mobile app for both iOS and Android devices, allowing users to trade cryptocurrencies and manage their accounts on the go.
• Does Coinsquare offer trading tutorials or educational resources?
  Yes, Coinsquare provides educational resources such as trading tutorials, articles, and guides to help users learn more about cryptocurrency trading and the platform’s features.
• Is there a minimum deposit requirement on Coinsquare?
  Yes, Coinsquare may have minimum deposit requirements for certain payment methods. Users should check the platform’s website or account settings for specific details regarding minimum deposit amounts.

Customer Support

Coinsquare typically offers several customer support options to assist users with inquiries or issues they may encounter while using the platform. These options include:

• Email Support: Users can contact Coinsquare’s customer support team via email to seek assistance with account-related queries, technical issues, or general inquiries. Response times for email support may vary depending on the volume of inquiries, but users can generally expect a reply within 24 to 48 hours.
• Help Center: Coinsquare provides a comprehensive help center on its website, featuring FAQs, guides, tutorials, and troubleshooting articles to address common questions and issues. Users can browse through the help center to find answers to their queries or troubleshoot problems independently.
• Live Chat (When Available): Coinsquare offers live chat support for users seeking real-time assistance from customer support representatives. Live chat availability and response times may vary depending on business hours and agent availability.
• Social Media Channels: Coinsquare maintains active social media channels on platforms such as Twitter and Facebook, where users can reach out to the support team with inquiries or issues. Response times on social media may vary but are generally quicker than email support.

Overall, Coinsquare aims to provide responsive and helpful customer support to assist users with their needs. While email support is the primary channel for contacting customer support, the availability of a help center, live chat (when available), and social media channels offer users multiple avenues to seek assistance and resolve issues effectively. However, users should keep in mind that response times may vary depending on the complexity of inquiries and the volume of support requests.

Social Media

Coinsquare maintains active social media accounts on various platforms to engage with users, share updates, and provide support. Here’s a list of their accounts along with a brief review of each:

• X (Twitter):
  Coinsquare X account (@Coinsquare) is a valuable resource for staying updated on platform announcements, market insights, and cryptocurrency news. The platform actively responds to user inquiries and shares educational content related to cryptocurrency trading.
• Facebook:
  On Facebook, Coinsquare Facebook Page (Coinsquare.io) serves as another channel for sharing updates, educational content, and engaging with the community. Users can interact with the platform through comments and messages, although response times may vary.
• LinkedIn:
  Coinsquare LinkedIn profile provides professional updates, industry news, and insights into the company’s initiatives. It’s a great platform for users interested in the business aspects of cryptocurrency trading and blockchain technology.
• Instagram:
  Coinsquare Instagram account (@coinsquare.io) offers a visual perspective on the cryptocurrency space, featuring graphics, infographics, and other engaging content. While not as active as other platforms, it provides a unique way to connect with the community.
• Reddit:
  Coinsquare maintains a presence on Reddit through its subreddit (r/Coinsquare), where users can discuss platform features, share trading strategies, and seek assistance from fellow community members. The subreddit is moderated by Coinsquare staff to ensure a constructive environment.

Overall, Coinsquare’s social media presence is diverse and informative, providing users with multiple channels to stay updated, engage with the community, and seek support when needed. Each platform serves a unique purpose, catering to different preferences and interests within the cryptocurrency community. Users can choose the platforms that best suit their needs to stay connected with Coinsquare and the broader cryptocurrency ecosystem.

Conclusion

In conclusion, Coinsquare stands out as a comprehensive cryptocurrency exchange platform with several key strengths. Its user-friendly interface makes it accessible to traders of all levels, while robust security measures instill confidence in users’ accounts and assets. The diverse selection of supported cryptocurrencies and advanced trading tools provide flexibility and opportunities for traders to capitalize on market movements effectively.

Moreover, Coinsquare’s commitment to regulatory compliance enhances trust and transparency, contributing to a positive user experience overall. The platform’s responsive customer support ensures that users receive assistance when needed, further enhancing the overall user experience.

However, continuous improvements in platform features and customer support could further elevate Coinsquare’s competitiveness in the cryptocurrency exchange landscape. By addressing any existing limitations and focusing on enhancing user experience, Coinsquare has the potential to remain a prominent player in the ever-evolving cryptocurrency market.

Supported Cryptocurrencies

The table below represents the supported cryptocurrencies available on Coinsquare:

Asset	Network	Trading Pairs
Bitcoin (BTC)	BTC	BTC/CAD, BTC/USD, BTC/EUR, BTC/ETH, BTC/LTC, BTC/BCH, BTC/XRP, BTC/DASH, BTC/EOS, BTC/XLM, BTC/ADA, BTC/ZEC
Ethereum (ETH)	ETH	ETH/BTC, ETH/CAD, ETH/USD, ETH/EUR, ETH/LTC, ETH/BCH, ETH/XRP, ETH/DASH, ETH/EOS, ETH/XLM, ETH/ADA, ETH/ZEC
Litecoin (LTC)	LTC	LTC/BTC, LTC/CAD, LTC/USD, LTC/EUR, LTC/ETH, LTC/BCH, LTC/XRP, LTC/DASH, LTC/EOS, LTC/XLM, LTC/ADA, LTC/ZEC
Bitcoin Cash (BCH)	BCH	BCH/BTC, BCH/CAD, BCH/USD, BCH/EUR, BCH/ETH, BCH/LTC, BCH/XRP, BCH/DASH, BCH/EOS, BCH/XLM, BCH/ADA, BCH/ZEC
Ripple (XRP)	XRP	XRP/BTC, XRP/CAD, XRP/USD, XRP/EUR, XRP/ETH, XRP/LTC, XRP/BCH, XRP/DASH, XRP/EOS, XRP/XLM, XRP/ADA, XRP/ZEC
Dash (DASH)	DASH	DASH/BTC, DASH/CAD, DASH/USD, DASH/EUR, DASH/ETH, DASH/LTC, DASH/BCH, DASH/XRP, DASH/EOS, DASH/XLM, DASH/ADA, DASH/ZEC
EOS (EOS)	EOS	EOS/BTC, EOS/CAD, EOS/USD, EOS/EUR, EOS/ETH, EOS/LTC, EOS/BCH, EOS/XRP, EOS/DASH, EOS/XLM, EOS/ADA, EOS/ZEC
Stellar (XLM)	XLM	XLM/BTC, XLM/CAD, XLM/USD, XLM/EUR, XLM/ETH, XLM/LTC, XLM/BCH, XLM/XRP, XLM/DASH, XLM/EOS, XLM/ADA, XLM/ZEC
Cardano (ADA)	ADA	ADA/BTC, ADA/CAD, ADA/USD, ADA/EUR, ADA/ETH, ADA/LTC, ADA/BCH, ADA/XRP, ADA/DASH, ADA/EOS, ADA/XLM, ADA/ZEC
Zcash (ZEC)	ZEC	ZEC/BTC, ZEC/CAD, ZEC/USD, ZEC/EUR, ZEC/ETH, ZEC/LTC, ZEC/BCH, ZEC/XRP, ZEC/DASH, ZEC/EOS, ZEC/XLM, ZEC/ADA

Supported Countries

In the table below you may see Coinsquare’s supported countries.

Australia	Austria	Belgium
Bulgaria	Croatia	Cyprus
Czech Republic	Denmark	Estonia
Finland	France	Germany
Greece	Hungary	Ireland
Italy	Latvia	Lithuania
Luxembourg	Malta	Netherlands
New Zealand	Norway	Poland
Portugal	Romania	Singapore
Slovakia	Slovenia	Spain
Sweden	Switzerland	United Kingdom