Connecting you with CoinSmart...

Why CoinSmart?

Deposit and Fees

Customers can deposit funds through credit/debit cards, bank drafts, bank wires, and Interac e-Transfer. Transactions with credit/debit cards are instant, while those with bank drafts, bank wires, and Interac e-Transfer might take a day. Transaction fees for Interac e-Transfer and bank wires are 1.5% for transactions less than $1999. When the transactions are over $2000, the transaction fee is 0%. Credit/debit card transactions attract up to 6% for deposits, while bank drafts are free.

Getting Started

Opening a Coinsmart account will require your email address, password, and other personal information like your name and date of birth. Coinsmart offers a mobile app and a crypto wallet for investors. The Coinsmart referral program allows customers to refer their friends to the platform. When those individuals deposit up to $100 in their account, the user receives $15.

We recommend Coinsmart because...

Pros & Cons

  • Fast Sign up process
  • 24/7 tax assistance and customer support
  • Easy-to-use platform interface
  • Registered as a Money Service Business (MSB)
  • Same-day fund deposits
  • Few crypto assets available
  • Coinsmart isn’t available in the United States
  • Difficult withdrawal procedure

FAQs about CoinSmart

What is CoinSmart?

CoinSmart is a platform that allows access to buying and selling cryptocurrency to all Canadians no matter their crypto experience. They provide an accessible trading interface, learning resources and unlimited client support which encourages simple crypto transactions.

Why should I use CoinSmart?

There are a lot of reasons why you should use CoinSmart. Some examples include:

  1. Access to their SmartTrade feature allows for buying and selling Bitcoin, Ethereum, Litecoin, Bitcoin Cash, ADA, Stellar Lumens, EOS and USDC and a lot more.
  2. Access to their SmartGuarantee has excellent covers for your deposit and cash withdrawn.
  3. Access to their SmartSupport, which allows for 24/7 support.
  4. Access to their SmartSecurity that prevents any fraudulent activity.
  5. Access to their Advanced Trade feature that allows limit orders, stop loss, real-time charting and OTC  & Personalised Services for premium traders.

How much does CoinSmart cost?

CoinSmart's funding options include a 0% starting fee for Interac e-transfer and bank wires and a 6% starting fee for credit and debit cards. CoinSmart's withdrawal options include a 1% starting fee for electronic funds transfer and bank wires.

How do I get started with CoinSmart?

To get started with CoinSmart, you need to go on their website and click the 'Get Started' button. You can then create an account and get instantly verified, for which you can do same-day deposits as well as cryptocurrency trading.

Is CoinSmart safe?

CoinSmart has a SmartSecurity feature that prevents fraudulent activity through an identity verification process that can find fake information using a database from data collection agencies. They also have two-factor authentication that provides extra security ensures that personal details are safe. Additionally, they offer cold storage for each cryptocurrency given on the exchange, which protects it from any hacking attempts.

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