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 Key Features
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.
I tried to withdraw money from my…coinberry scam
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.
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.
Stole all my crypto from me
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.
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.
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 coinberry review time you are trading. Among the main selling points of Coinberry are the low fees they offer for crypto trading.
CoinBerry is an Fantastic exchange app
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.
I am still waiting for crypto…
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.
- You can trade on Coinberry without paying any commission fee.
- 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.
- Again there are no fees from the exchange side for a withdrawal and the methods you have available are the same as you used to fund.
- Coinberry is a crypto platform registered in Canada for Canadians.
My account was shut down but for…
The spread is the mark-up or mark-down charged by the platform when you purchase a certain crypto here. They sell cryptocurrency from their own inventory, and do not facilitate transfers from one Coinberry-user to another. For each user you refer under this program, you will receive 50% of the fees the referred user generates. So if you’re not from Canada, and would like to engage in crypto trading, you will have to look elsewhere. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. If you are one of those traders, you’ll be happy to learn that Coinberry’s trading platform is also available as an app for iPhone and Android users.
Within a short period of time and 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.
- Within a short period of time and a lot of understanding on their part, I was up and running.
- Find out how we combat fake reviews.
- Here to give a big shout out to Eren whom handle my e-transfer bank deposit to Coinberry, absolutely appreciate the way Eren support us the users.
- So I contacted customer service by email and that went back to Coinberry.
- We apologize for this inconvenience and we will be sure to update this review with a picture of the trading view as soon as we have received it.
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.
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.
The app was updated and I was forced to…
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.
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%.