Coinberry Pricing, Reviews & Features

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. I would highly not recommend to work with this scam company. And if i would meet this people in reality i would spit in their face.

https://forex-reviews.org/ does not list information about their liquidity but since they are a broker they have third-party liquidity providers. Should you make a large trade, Coinberry can source liquidity from one of their partners. However, there are some people who have had trouble withdrawing assets. To buy crypto, simply fund your account by clicking the “fund” button at the top of your dashboard.

Crypto Coins on Coinberry

Once you’ve uploaded your document, you’ll be prompted to make a quick video of yourself performing the action requested e.g. looking over your right shoulder and saying some numbers. This type of verification is becoming more common and replacing the usual selfie required. If you’re using a desktop you’ll be prompted to scan a QR code with your phone which will open a secure web link. Then, take a picture of your ID document with your phone’s camera. Coinberry does not offer any additional features such as staking or Visa cards. The content on this site is for informational and educational purposes only and is not intended as a substitute for professional financial advice.

• Unlike some of the competing exchanges, they have expanded their product offering to appeal to merchants who would like to accept crypto as a form of payment.
• At Bitbuy, coins are held offline in a cold storage wallet, ensuring maximum protection.
• Despite these security procedures, it’s best to keep a minimal amount of crypto funds in your Coinberry account in case of hacking or fraud.
• Security and verifications upon every sign in and transaction is excellent.

As you can notice from the table above, Coinberry provides an extensive list of cryptocurrencies for every trader. Hi- I have been trying to withdraw my BTC from the exchange for the past two weeks and I have filed 7 tickets so far and they keep saying I have to wait. I want to know how long is the maximum I have to wait to receive my BTC to my hardware wallet.

Does Coinberry Offer Staking or Other Services?

Plus, Coinberry is fully insured, PIPEDA compliant and registered with OSC & FINTRAC as the only digital asset platform that Canadian municipalities trust. Unlike some of the competing exchanges, they have expanded their product offering to appeal to merchants who would like to accept crypto as a form of payment. Coinberry offers a combination of useful features for investors, active traders, and even merchants. Coinberry is a Canadian cryptocurrency exchange platform with headquarters in Toronto. If you are new to the crypto world, we’d recommend checking these best crypto exchanges in Canada.

coinberry review has a referral that pays you $30 when you sign up here and trade at least $50. The platform is available on desktops via a web interface and has dedicated Coinberry mobile apps for iPhones and Android devices. According to our research, Coinberry is a safe and reliable exchange.

Coinberry Customer support

It supports some of the most popular cryptocurrencies as well as numerous altcoins. Since it was founded in 2017, Coinberry have developed interesting features such as AutoPilot and Coinberry Pay, differentiating them from other crypto exchanges for Canadians. On March 29, 2021, the OSC communicated to crypto asset trading platforms that they must contact Staff to initiate the registration process, or face enforcement action.

Coinberry has a spread of between 0 to 2.5%, which is quite high. The spread can also be affected by the liquidity of an asset. The higher the liquidity and volume of a cryptocurrency, the smaller the spread. A spread in trading is the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to sell . Sign up now to join thousands of other visitors who receive our bi-weekly newsletter and latest personal finance tips.

You will need to provide a government-issued ID, a selfie, and proof of address in order to trade with Coinberry. Competitive trading fees for crypto and free withdrawals and deposits. Yes, Bitbuy is a legally registered business in Canada, just like many other cryptocurrency platforms popular among Canadians. It is legal to buy and sell crypto through Bitbuy and similar exchanges. Bitcoin is recognized as the gold standard in cryptocurrency. Many often perceive it as the best and most famous crypto coin.

Coinberry Review: Is It A Scam Or A Legit Crypto Exchange For Canadians?

Dynamic fees are applied to BTC, ETH and XRP, while LTC has a fixed fee of 0.02 LTC. Coinberry Pay – In Canada, many charities, municipalities, merchants and individual traders now accept Bitcoin donations, tips and payments. Essentially, one of these entities can use Coinberry Pay to convert Bitcoins into Canadian Dollars and deposit them into a designated bank account. NDAX. A Canadian exchange with a reputation for its selection of digital assets, free deposits, and appealing referral program. These are some of Canada’s best known and most popular crypto exchanges.

• Some people have complained about Coinberry taking too long to withdraw funds, having a slow verification process and being unable to login to the app.
• Coinberry and any crypto exchange can track where you have received and sent crypto since crypto trades are recorded on the blockchain and are public.
• Limited choice of altcoins compared to other cryptocurrency exchanges, especially globally available exchanges like Binance.
• The platform doesn’t charge any fees for deposits or withdrawals, so they’ll be able to use more of their crypto for selling, buying, or trading.
• Yes, Bitbuy is a legally registered business in Canada, just like many other cryptocurrency platforms popular among Canadians.

We use dedicated people and clever technology to safeguard our platform. Overall I am not happy with them as this happened 2 times.

Assets held by Coinberry are not eligible for Canadian Investor Protection Fund coverage. Another option to buy crypto in Canada is Bitcoin Well, which is a non-custodial Bitcoin company that offers a variety of services. Bitcoin Well has over 250 ATMs in Canada as well as personal services and an online portal. Because of the financial risks involved when buying, selling and trading crypto-coins, you always want to go with a reputable platform that’s been operating for at least a few years. Trades – Coinberry charges trading fees of around 0.5%, which is relatively low compared to many other Canadian crypto platforms. Crypto Withdrawals – Coinberry charges for crypto withdrawals to cover mining costs.

We recommend CoinSmart or NDAX as alternatives to Coinberry. Customers can message the Coinberry support team online or via email. It offers 24/7 support and a helpful FAQ section on the website. Coinberry has mixed reviews with some people praising their customer support and others saying they have had unresolved issues. However, we submitted a support ticket and received a helpful response within minutes. We have signed up to numerous Canadian crypto exchanges and Coinberry asks the most questions related to employment, finances and investing.

Ensure your crypto exchange offers all the tools you need to make sound investments. You want easy access to fund your account and withdraw your profits at any point. Check to see that your crypto platform offers suitable financing options. They may include bank transfers, INTERAC e-Transfers, credit cards, and other payments. Be sure to keep in mind that deposits and withdrawals often come with a fee. This platform is excellent for Canadians looking for a reliable and secure cryptocurrency exchange.

The lower that fee, the more of your withdrawal you get to keep for yourself. Bitbuy offers competitive fees on selling crypto between 0% to 2% depending on trading volume. These are some of the lowest crypto withdrawal fees in Canada, making Bitbuy a preferred choice for cashing out.