2. At launch, the Quick Trade app will offer Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, and Bitcoin Cash (BCH), with more assets to be onboarded over the coming months. Coinsquare hopes that this response helps to provide further clarity to those who want, and frankly deserve to hear the truth. When you fund your Coinsquare account using Interac e-Transfer, your funds will be subject to a one (1) day holding period. Coinsquare in Brief. Press question mark to learn the rest of the keyboard shortcuts. This is an exclusive service offered to those who trade over $25,000 worth of orders at one time. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. The launch of this new app follows a number of changes at Toronto-based Coinsquare, as it faces increased competition in the crypto trading space, notably from Wealthsimple and its recently-launched crypto trading platform. Canada's most secure trading platform for Bitcoin, Ethereum, and more. The transfers may take up to 2 business days to be processed. Sign into your Coinsquare account. On their website they said, "Coinsquare's mission has always been to become a 21st century full-service financial institution. We’ve been hard at work to make Coinsquare the best experience possible for our clients and today we’re one step closer to that goal. If you want to use a wire transfer… Your account will be credited as soon as possible (24-48 hours)". *Processing time is … It will cost 2.5% for a standard Interac bank deposit and as low as 0.5% for wire transfers (though this second option is reserved for … Coinsquare is what is called a “Fiat Gateway” primarily for use by Canadian traders who want to use their CAD to buy cryptocurrencies. ... help Reddit App Reddit coins Reddit premium Reddit gifts. This means you only need to pay the buy-spread (which is really good at CoinSquare, much better than WealthSimple Crypto's 1.7% spread). Download the Coinsquare mobile app from the Google Play store or the App Store and trade on the go. My e-transfers in February were all at 2.5%. User account menu. Click 'Withdraw' in the top menu bar. funding options page still differentiate both at 2.5% tho. CIBC sadly doesnt have entrac online, so my only option was to e-transfer the fund from my bank to coinsquare account. Coinsquare permet d’acheter instantanément les cryptomonnaies Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Stellar, DASH, Dogecoin et plus avec des dollars canadiens. You will be paid in Bitcoin in real time directly to your Coinsquare account, meaning you can use the BTC you earned to transfer to your private wallet or an altcoin exchange that you can use to purchase CRED.. Fees and processing times will vary according to the withdrawal method used. We’ve been hard at work to make Coinsquare the best experience possible for our clients and today we’re one step closer to that goal. When you are about to fund your account using the e-transfer method, it switches from the previously stated 2.5% fee to 5% during transaction, why is that ? Our goal is to be as transparent as possible and echo the communications sent to our customers, and address questions raised on social media, customer … Is it better than coinbase? Controversy aside, Coinsquare has quite a bit going for it, particularly for Canadians. There are no other deposit fees, but they charge you .0025BTC to move it out of Coinsquare to a wallet or to another exchange. They have this message "NOTE: Interac e-Transfer funding is subject to delays due to the current market conditions and demand. As the CEO of Coinsquare, I would like to provide you with a formal response to the recent news about a data breach of personal information contained within approximately 5,000 records of customer relationship management (CRM) data. Web BMO blocks Interact E-Transfer for Coinsquare by HytroJellyo in BitcoinCA [–] Coinsquare_Support 10 points 11 points 12 points 7 months ago (0 children) Hey there, that's definitely strange - Coinsquare works with several banking partners, including BMO and are not aware of such restrictions. Looks like the 2,5% has a red flag on it. As of 12 January 2021, the platform extended their range of free deposits to also include Interac e-Transfer (from USD 20 to USD 10,000). BMO blocks Interact E-Transfer for Coinsquare.