{"id":77708,"date":"2022-01-27T22:16:08","date_gmt":"2022-01-28T03:16:08","guid":{"rendered":"https:\/\/env-hardbacon-dev.kinsta.cloud\/?p=77708"},"modified":"2022-03-15T16:07:22","modified_gmt":"2022-03-15T20:07:22","slug":"coinsmart-review","status":"publish","type":"post","link":"https:\/\/env-hardbacon-dev.kinsta.cloud\/en\/cryptocurrency\/coinsmart-review\/","title":{"rendered":"CoinSmart Review for 2026: a Great Crypto Exchange for Beginners in Canada"},"content":{"rendered":"<div class=\"wp-block-image\" style=\"text-align: left;\">\r\n<p><span style=\"font-weight: 400;\">Using <a href=\"https:\/\/imp.i246982.net\/c\/445127\/794942\/11346?trafsrc=Impact\" target=\"_blank\" rel=\"sponsored noopener\" data-lasso-id=\"14396\">CoinSmart<\/a> is like finding a reliable crypto exchange to share my life. Although there are seemingly dozens of options to choose from, some exchanges are going to be better than others. Whether it\u2019s the <a href=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/en\/compare\/cryptocurrency\/\" data-lasso-id=\"14397\">cryptocurrency platform's fees<\/a> or the number of assets available, there is always something different to consider when you sign up for a new exchange. I just used CoinSmart for the first time and it did not disappoint!<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"804\" height=\"452\" class=\"wp-image-77709\" src=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coinsmart-homepage.png\" alt=\"coinsmart homepage\" srcset=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coinsmart-homepage.png 804w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coinsmart-homepage-300x169.png 300w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coinsmart-homepage-768x432.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<h2>What made me interested in CoinSmart?<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p><a href=\"https:\/\/imp.i246982.net\/c\/445127\/794942\/11346?trafsrc=Impact\" target=\"_blank\" rel=\"sponsored noopener\" data-lasso-id=\"14398\">CoinSmart<\/a> is an exchange platform that is based in Toronto, and it\u2019s also one of the <a href=\"\/en?p=48140\" data-lasso-id=\"14399\">top 15 cryptocurrency exchanges<\/a> in Canada. Although I\u2019m Canadian and use CAD, CoinSmart has deposit options for USD and Euros. It is a nice touch to have\u00a0 different currencies to invest with.<\/p>\r\n\r\n\r\n\r\n<p>I\u2019m keen on supporting Canadian-based exchanges because it feels more local. I also know the way they operate is going to be according to Canadian cryptocurrency laws and standards. Touted as being an obvious option for both beginners and experts alike, CoinSmart had me intrigued from the very beginning.\u00a0<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>What CoinSmart is all about<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>Making the cryptocurrency exchange experience a simple one should be the main goal for any platform. Thankfully, CoinSmart, a publicly-traded company under the name CoinSmart Financial Inc, was designed for novice users but includes all of the features that an expert would need. By keeping the trading interface simple and offering users a mobile application, it allows investors to trade and check their portfolios with ease. Not only that, but they can do so anytime they\u2019d like.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Equipped with enterprise-grade security, assets locked up in cold storage, and reporting tools to make taxes easier, <a href=\"https:\/\/imp.i246982.net\/c\/445127\/794942\/11346?trafsrc=Impact\" target=\"_blank\" rel=\"sponsored noopener\" data-lasso-id=\"14400\">CoinSmart<\/a> is an all-in-one <a href=\"\/en?page_id=60480\" data-lasso-id=\"14401\">cryptocurrency platform<\/a> that I feel deserves more attention. They even feature the likes of advanced charting and order books for more dedicated traders! CoinSmart also offers competitive fees and allows users to get started right away with several different same-day funding options.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>CoinSmart also makes trading and learning fun. They also offer an exclusive service for over-the-counter (OTC) trades, a learn and earn section where you earn free crypto for answering questions, and even a mining calculator. It makes CoinSmart stand out from the competition.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>Opening my CoinSmart account<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>Opening my CoinSmart account was a very simple process, and it\u2019s the same thing you would experience with most <a href=\"\/en?page_id=60480\" data-lasso-id=\"14402\">cryptocurrency exchanges in Canada<\/a>. One thing to note is that you need to be 18 years of age or older to sign up for CoinSmart. I don't think this is a requirement for some of the other exchanges I\u2019ve used in the past.<\/p>\r\n\r\n\r\n\r\n<h3>Signing up to Coinsmart<\/h3>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"804\" height=\"452\" class=\"wp-image-77719\" src=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-signup-form.png\" alt=\"Coinsmart signup form\" srcset=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-signup-form.png 804w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-signup-form-300x169.png 300w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-signup-form-768x432.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p>To get started, all you\u2019ve got to do is sign up for an account with an active email address. It doesn\u2019t matter what provider you use for the email address, but I personally used a Gmail account; as long as you can receive the verification email, you\u2019re good to go.<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 1.<\/strong> Sign up to the CoinSmart cryptocurrency exchange using a valid email and password<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 2.<\/strong> Check the email you used to sign up for a verification link<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 3.<\/strong> Click on the verification link you receive\u00a0<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 4.<\/strong> Enter your mobile number for text verification<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 5<\/strong>. Go through the identity verification process\u00a0 which we\u2019ll cover<\/p>\r\n\r\n\r\n\r\n<p><strong>Step 6<\/strong>. That\u2019s it; you\u2019re verified and ready to start trading!<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>Getting verified on CoinSmart<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"804\" height=\"452\" class=\"wp-image-77729\" src=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-verification.png\" alt=\"Coinsmart verification\" srcset=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-verification.png 804w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-verification-300x169.png 300w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/Coinsmart-verification-768x432.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p>I enjoy the fact that CoinSmart makes it simple to sign up, but I know that many crypto investors prefer to keep their identities a secret whenever possible. With that being said, going through the personal verification process is almost impossible to avoid. That rings especially true when you want a safe cryptocurrency exchange experience in Canada! You\u2019ll need three things to successfully verify your account:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li>Personal identification like a passport, driver\u2019s license, etc.<\/li>\r\n<li>Proof of address , like a utility bill, credit card bill, bank statement, etc.<\/li>\r\n<li>A selfie!<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>All I had to do was upload a picture of my driver\u2019s license, both front and back, and a proof of address. I used a credit card statement for. These exchanges need to verify all of the people trading on them, so your personal identification and proof of address need to have matching addresses.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>If you begin the verification process on your computer and need to transfer it over to mobile for the selfie section, they give you a QR code that you can scan with your phone. This will transfer you over seamlessly to your phone, and then back over to your computer once you\u2019ve taken the picture. I love it when technology makes life easy.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>Assets available for trade on CoinSmart<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"804\" height=\"452\" class=\"wp-image-77739\" src=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/assets-available-on-coinsmart.png\" alt=\"assets available on coinsmart\" srcset=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/assets-available-on-coinsmart.png 804w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/assets-available-on-coinsmart-300x169.png 300w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/assets-available-on-coinsmart-768x432.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p>CoinSmart has narrowed down the number of available assets to a dozen or so, and that\u2019s because they believe in supporting quality projects over anything else. While some exchanges will offer up hundreds of different choices, CoinSmart has decided to focus on the most popular coins on the cryptocurrency market right now.\u00a0<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-container-4 wp-block-columns\">\r\n<div class=\"wp-container-2 wp-block-column\">\r\n<p><strong>BTC<\/strong> (Bitcoin)<\/p>\r\n\r\n\r\n\r\n<p><strong>ETH<\/strong> (Ethereum)<\/p>\r\n\r\n\r\n\r\n<p><strong>LTC<\/strong> (Litecoin)<\/p>\r\n\r\n\r\n\r\n<p><strong>USDC<\/strong> (USD Coin)<\/p>\r\n\r\n\r\n\r\n<p><strong>BCH<\/strong> (Bitcoin Cash)<\/p>\r\n\r\n\r\n\r\n<p><strong>EOS<\/strong> (EOS)<\/p>\r\n\r\n\r\n\r\n<p><strong>XLM<\/strong> (Stellar Lumens)<\/p>\r\n<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-container-3 wp-block-column\">\r\n<p><strong>ADA<\/strong> (Cardano)<\/p>\r\n\r\n\r\n\r\n<p><strong>DOGE<\/strong> (Dogecoin)<\/p>\r\n\r\n\r\n\r\n<p><strong>DOT<\/strong> (Polkadot)<\/p>\r\n\r\n\r\n\r\n<p><strong>SHIB<\/strong> (Shiba Inu)<\/p>\r\n\r\n\r\n\r\n<p><strong>LINK<\/strong> (Chainlink)<\/p>\r\n\r\n\r\n\r\n<p><strong>UNI <\/strong>(UniSwap)<\/p>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>How does withdrawing and depositing work on CoinSmart?<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>CoinSmart offers several different options when it comes to depositing or withdrawing money. For the most part, exchanges will make it very easy and sometimes cheap to deposit your money. However, they tend to have hidden fees and hoops to jump through when it comes to withdrawals. CoinSmart is a bit different in that sense, but it\u2019s always ideal to understand the <a href=\"\/en?page_id=60480\" data-lasso-id=\"14403\">fees associated with each exchange<\/a>.<\/p>\r\n\r\n\r\n\r\n<p>This will help you avoid any unforeseen costs while making an investment. That is very important if you plan on depositing or withdrawing a large amount of money. The fees are varying depending upon whether you\u2019re depositing, withdrawing, and whether you\u2019re using fiat or not.<\/p>\r\n\r\n\r\n\r\n<h3>Trading, deposit, and withdrawal fees\u00a0<\/h3>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"804\" height=\"452\" class=\"wp-image-77749\" src=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/trading-fee.png\" alt=\"trading fee\" srcset=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/trading-fee.png 804w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/trading-fee-300x169.png 300w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/trading-fee-768x432.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<h3>Fiat fees<\/h3>\r\n\r\n\r\n\r\n<h4>Deposits<\/h4>\r\n\r\n\r\n\r\n<p>CoinSmart gives users a few different choices for depositing their money onto the platform. While most Canadians will prefer Interac e-Transfer, they also offer the likes of credit and debit cards, wire transfers, and even bank drafts. The fees for depositing fiat are as follows:<\/p>\r\n\r\n\r\n\r\n<p><strong>Credit and debit card<\/strong> &#8211; Up to 6% depending on your provider<\/p>\r\n\r\n\r\n\r\n<p><strong>Interac e-Transfer <\/strong>&#8211; 0% on deposits over $2,000 and 1.5% fee on anything below $2,000<\/p>\r\n\r\n\r\n\r\n<p><strong>Wire transfer<\/strong> &#8211; 0%<\/p>\r\n\r\n\r\n\r\n<p>The deposit fees for CoinSmart are immaculate, to say the least. If you\u2019re putting a reasonable amount of money in and funding your account via wire transfer, you have no fees to worry about! I used a TD Canada debit card and it processed instantly. I incurred a 4.5% fee. One thing to remember is that while wire transfers are free, they often take about 3 to 5 business days to reach CoinSmart and be added to your account.\u00a0<\/p>\r\n\r\n\r\n\r\n<h4>Withdrawals<\/h4>\r\n\r\n\r\n\r\n<p>CoinSmart offers a total of two withdrawal methods for fiat, which is somewhat typical when compared to other exchanges. I\u2019ve noticed that Canadian-based exchanges prefer to pay using Interac e-Transfer or wire transfers over anything else. It is just something you have to deal with.<\/p>\r\n\r\n\r\n\r\n<p><strong>Interac e-Transfer<\/strong> &#8211; 1% with a $15 minimum<\/p>\r\n\r\n\r\n\r\n<p><strong>Wire Transfer<\/strong> &#8211; 1% with a $15 minimum<\/p>\r\n\r\n\r\n\r\n<p>It takes about one to five days for either of these withdrawal options to process, but mine arrived within two business days. I\u2019ve seen others get theirs even quicker. Some would say it\u2019s problematic that the withdrawals aren\u2019t instant, but even massive exchanges like Crypto.com will take a day or so to send funds to their users.<\/p>\r\n\r\n\r\n\r\n<h3>Crypto fees<\/h3>\r\n\r\n\r\n\r\n<p>Not all Canadian-based cryptocurrency exchanges will allow their users to withdraw cryptocurrency. This means you\u2019re limited to holding your assets on the exchange and selling when you want to get rid of them, as opposed to holding them on a decentralized finance (DeFi) hardware wallet. CoinSmart allows users to do whatever they please with their crypto, so long as they\u2019re willing to pay a small fee for withdrawals<\/p>\r\n\r\n\r\n\r\n<h4>Deposits<\/h4>\r\n\r\n\r\n\r\n<p>Depositing crypto onto CoinSmart is available by sending your crypto assets to the CoinSmart mobile wallet. It\u2019s free, and you\u2019ll only pay the network fees of the crypto asset you\u2019re sending. This is a cool feature that some exchanges don\u2019t offer, but most of the ones that feature a mobile application will.\u00a0<\/p>\r\n\r\n\r\n\r\n<h4>Withdrawals<\/h4>\r\n\r\n\r\n\r\n<p>Having the ability to withdraw your crypto from CoinSmart and send it to a DeFi wallet or an alternate exchange means you\u2019ll have to deal with their fees. The great news is that these withdrawals are processed almost immediately, but will always be based on network traffic. The withdrawal fees for crypto on CoinSmart are:<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-container-7 wp-block-columns\">\r\n<div class=\"wp-container-5 wp-block-column\">\r\n<p><strong>Bitcoin<\/strong>: 0.00025 BTC<\/p>\r\n\r\n\r\n\r\n<p><strong>Ethereum<\/strong>: 0.007 ETH<\/p>\r\n\r\n\r\n\r\n<p><strong>Litecoin<\/strong>: 0.001 LTC<\/p>\r\n\r\n\r\n\r\n<p><strong>USDC<\/strong>: 50.00 USDC<\/p>\r\n\r\n\r\n\r\n<p><strong>Bitcoin Cash<\/strong>: 0.0001 BCH<\/p>\r\n\r\n\r\n\r\n<p><strong>EOS<\/strong>: 0.0005 EOS<\/p>\r\n\r\n\r\n\r\n<p><strong>Stellar Lumens<\/strong>: 0.00003 XLM<\/p>\r\n<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-container-6 wp-block-column\">\r\n<p><strong>Cardano<\/strong>: 0.30 ADA<\/p>\r\n\r\n\r\n\r\n<p><strong>Dogecoin<\/strong>: 5 DOGE<\/p>\r\n\r\n\r\n\r\n<p><strong>Polkadot<\/strong>: .20 DOT<\/p>\r\n\r\n\r\n\r\n<p><strong>Shiba Inu<\/strong>: 1,000,000 SHIB<\/p>\r\n\r\n\r\n\r\n<p><strong>Chainlink<\/strong>: 0.8 LINK<\/p>\r\n\r\n\r\n\r\n<p><strong>UniSwap<\/strong>: 1.5 UNI<\/p>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>The trading process on CoinSmart<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-block-image\">\r\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"804\" height=\"452\" class=\"wp-image-77759\" src=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coin-price.png\" alt=\"coin price\" srcset=\"https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coin-price.png 804w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coin-price-300x169.png 300w, https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2022\/01\/coin-price-768x432.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n<p>The trading fees on <a href=\"https:\/\/imp.i246982.net\/c\/445127\/794942\/11346?trafsrc=Impact\" target=\"_blank\" rel=\"sponsored noopener\" data-lasso-id=\"14404\">CoinSmart<\/a> are 0.20% for a single trade and 0.40% for a double trade. This can be a bit confusing for beginners, but it\u2019s quite straightforward. Single trades are when BTC is included within the trade at any point, whether it\u2019s purchasing BTC with fiat, or trading another crypto for BTC. Double trades are when you\u2019re not using BTC at all in the transaction. For example:<\/p>\r\n\r\n\r\n\r\n\r\n\r\n<p><strong>Single trade<\/strong>: $1,000 CAD &gt; BTC<\/p>\r\n\r\n\r\n\r\n<p><strong>Double trade<\/strong>: 1000 XRP &gt; 5.166933 LTC<\/p>\r\n\r\n\r\n\r\n<p>The trading interface is easy to use and the mobile application is especially useful for when you\u2019re on the go. They have a wallet section that displays your balance for each crypto and fiat, as well as a Buy\/Sell\/Trade section. You can also keep track of your trades by looking at the Activity tab.\u00a0In my case, I purchased $100 of Bitcoin using Interac e-Transfer and it cost me a total of $115.30. There is a $15 minimum for Interac e-Transfer deposit and a 0.30% trading fee of $3.\u00a0<\/p>\r\n\r\n\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>Is CoinSmart a safe option for Canadian investors?<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>CoinSmart is publicly traded and as transparent as any of the popular exchanges that could rival it. They offer almost instant verification and 24\/7 support, enterprise-grade security, and they\u2019re Canadian-based on top of that. Their \u201cSmart Trade\u201d feature makes it easy to swap one coin for another without the potential to \u201cmess up\u201d while using traditional cryptocurrency swapping networks.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>Pros and cons of CoinSmart<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-container-10 wp-block-columns\">\r\n<div class=\"wp-container-8 wp-block-column\">\r\n<h3>Pros<\/h3>\r\n\r\n\r\n\r\n<ul>\r\n<li>Same-day deposits for most options<\/li>\r\n<li>Accepts credit and debit cards<\/li>\r\n<li>Almost instant verification for brand new accounts<\/li>\r\n<li>Intriguing and comprehensive articles that educate users about cryptocurrency<\/li>\r\n<li>Swap altcoin to altcoin with ease!<\/li>\r\n<\/ul>\r\n<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-container-9 wp-block-column\">\r\n<h3>Cons<\/h3>\r\n\r\n\r\n\r\n<ul>\r\n<li>Interac e-Transfer funding features a 1.5% fee for amounts less than $2000<\/li>\r\n<li>1% withdrawal fee on all fiat options<\/li>\r\n<li>Varied crypto withdrawal fees<\/li>\r\n<li>Not a lot of assets to choose from<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h2>Conclusion: low-and-sometimes-zero-fees are hard to beat<\/h2>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>CoinSmart is a versatile <a href=\"\/en?page_id=60480\" data-lasso-id=\"14405\">cryptocurrency exchange<\/a> that grants users the ability to trade on the go with their mobile application, although it\u2019s limited to iOS only for now. There were several additional features included within the exchange that I was surprised to see, one, in particular, is the \u201clearn and earn\u201d section. Earning crypto for learning about the assets you\u2019ll be trading anyways is a fantastic deal. Also, while other exchanges are cryptic with their fees and how trading works, CoinSmart makes everything straightforward.<\/p>\r\n\r\n\r\n\r\n<p>I would highly recommend signing up for CoinSmart if you\u2019re looking to invest in crypto for the first time. Even if you\u2019re a crypto enthusiast who has been investing for a while now, I feel like the exchange has enough benefits to warrant taking a look. Just exploring the tools and learning features is worth some of your time.<\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; What made me interested in CoinSmart? CoinSmart is an exchange platform that is based in Toronto, and it\u2019s also one of&#8230;<\/p>\n","protected":false},"author":134,"featured_media":96139,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":""},"categories":[760,761,763,522,762],"tags":[],"acf":[],"nelio_content":{"isAutoShareEnabled":true,"autoShareEndMode":"default","automationSources":{"useContentSentences":true,"useSocialTemplates":true,"useCustomSentences":false,"customSentences":[]},"followers":[],"suggestedReferences":[],"includedReferences":[],"efiUrl":"","efiAlt":"","highlights":[]},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.2.1 (Yoast SEO v19.14) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinsmart Review 2026: A Solid Exchange For Crypto Noobs in Canada<\/title>\n<meta name=\"description\" content=\"CoinSmart might be a the best platform for anyone new to cypto in Canada. 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Of course it goes without saying that he uses the Hardbacon app so that he can manage all of his finances from one convenient place.","sameAs":["emartz2016@gmail.com"],"url":"https:\/\/env-hardbacon-dev.kinsta.cloud\/en\/author\/hardbacon-newsdesk\/"}]}},"uagb_featured_image_src":{"full":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review.png",2400,1600,false],"thumbnail":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-150x150.png",150,150,true],"medium":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-300x200.png",300,200,true],"medium_large":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-768x512.png",768,512,true],"large":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-1024x683.png",1024,683,true],"1536x1536":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-1536x1024.png",1536,1024,true],"2048x2048":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-2048x1365.png",2048,1365,true],"ebor-admin-list-thumb":["https:\/\/env-hardbacon-dev.kinsta.cloud\/wp-content\/uploads\/2021\/06\/coinsmart-review-60x60.png",60,60,true]},"uagb_author_info":{"display_name":"Arthur Dubois","author_link":"https:\/\/env-hardbacon-dev.kinsta.cloud\/en\/author\/hardbacon-newsdesk\/"},"uagb_comment_info":0,"uagb_excerpt":"&nbsp; What made me interested in CoinSmart? 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