Coinsquare is a Canadian cryptocurrency exchange that allows users to buy, sell, and trade a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many others. As of 2025, it offers over 60 cryptocurrencies and more than 3,000 trading pairs .
🇨🇦 Key Features of Coinsquare
- Regulated Platform: Coinsquare is registered as a CIRO (Canadian Investment Regulatory Organization) Investment dealer and marketplace member, making it one of Canada's first regulated crypto exchanges .coinsquare.com
- Security Measures: Client assets are held in trust with external, licensed custodians like Coinbase Custody and BitGo Trust Company, which have a combined $680 million USD in insurance. Additionally, cash balances are protected by the Canadian Investor Protection Fund (CIPF) up to $1 million CAD per account .coinsquare.com
- Trading Options: Coinsquare offers various trading platforms to cater to different user needs:
- Coinsquare Trade: A user-friendly app for beginners to buy, sell, and hold cryptocurrencies.
- Coinsquare Pro: An advanced platform for active traders, featuring live order books and advanced trading tools.
- Coinsquare Wealth: Provides personalized service from CIRO-registered Investment Representatives for those seeking more guidance .coinsquare.com
- Staking Rewards: Users can earn passive rewards of up to 11.57% by staking supported cryptocurrencies .
- Funding Options: Coinsquare supports free deposits and withdrawals via Interac e-Transfer, bank wire transfers, and crypto deposits .
📱 Mobile App Experience
The Coinsquare mobile app is available for both iOS and Android devices. It offers features like an interactive portfolio chart, dark mode, and a revamped asset view. However, user reviews indicate some areas for improvement:apps.apple.combenzinga.com
- Performance Issues: Some users have reported frequent crashes and slow verification times.benzinga.com+1apps.apple.com+1
- Functionality Limitations: Certain tools, such as the "max" button for placing orders, have been noted to malfunction .benzinga.com
⚠️ User Feedback
While Coinsquare is a regulated platform with robust security measures, some users have expressed concerns:coinsquare.com
- Customer Support: Reports suggest that response times can be slow, with some users waiting days or weeks for assistance.forexroboteasy.com
- Withdrawal Restrictions: There have been instances where users faced difficulties withdrawing funds, leading to frustration .forexroboteasy.com
✅ Conclusion
Coinsquare is a regulated and secure platform suitable for Canadian users looking to engage in cryptocurrency trading. Its user-friendly interfaces cater to both beginners and experienced traders. However, potential users should be aware of reported performance issues and customer support challenges. If you're considering using Coinsquare, it's advisable to start with a small investment and familiarize yourself with the platform's features.