Cryptocurrency Tools: Coinsmart

You are currently viewing Cryptocurrency Tools: Coinsmart

Coinsmart is a cryptocurrency exchange geared towards both newcomers and advanced traders. The platform supports the buying, selling, and trading of Bitcoin and other digital currencies.

Coinsmart offers a simple to use platform, while also delivering a number of advanced trading features for those more experienced in the cryptocurrency space.

Founded in 2018, CoinSmart is headquartered in Toronto, Canada and falls under the purview of FINTRAC Canada. Additionally, CoinSmart has an FIU license in Estonia.

In addition to Canada and Estonia, CoinSmart supports the following countries:

Austria, Belgium, Brazil, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Georgia, Greece, Hungary, India, Ireland, Italy, Jamaica, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, Nigeria, Poland, Portugal, Romania, Russia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Taiwan, Thailand, Turkey, Ukraine, and the United Kingdom.

CoinSmart users have multiple funding options to begin investing and trading cryptos. Funding options include E-transfer, SEPA, Bank Draft, Wire Transfer, Credit Card, and Crypto. Users may deposit Canadian Dollars, EUR, or U.S Dollars.

Additionally, investors have multi-currency options when purchasing cryptos by debit and credit card. Partnering with Simplex, CoinSmart users can instantly purchase cryptos.

Users who already own CoinSmart supported cryptos may transfer these to the compatible crypto wallets provided on the CoinSmart platform.

Fiat currencies available to buy or sell with crypto include Canadian Dollar, EUR, and U.S Dollar. Alternatively, crypto-crypto pairings are also available to trade.

For the more seasoned crypto trader, there is also the “Advanced Trade” page.

Here, users may select their trade pairing from the dropdown menus located at the top right-hand-side of the page.

Users can draw and include indicators to support technical analysis for each of the crypto-crypto or crypto-fiat pairings.

Additionally, users may adjust the chart time intervals. Time intervals available include 1-minutes, 5-minutes, 1-day, 1-week, and 1-month.

CoinSmart provides users with a transparent fee schedule.

There are no hidden fees embedded within coin prices, with CoinSmart providing a detailed breakdown of all fees associated with the platform.

CoinSmart is a particularly easy to use platform offering both novice and seasoned crypto investors access to the crypto markets.

Multiple options to buy, sell, deposit and withdraw cryptos, include credit/debit card make CoinSmart a competitive platform.

With more cryptos on the horizon and competitive fees, CoinSmart should continue to attract new entrants into the crypto market.

CoinSmart’s Advanced Trade capabilities are also on offer for more seasoned traders looking to carry out technical analysis.

Protecting Your Cryptocurrency And Staying Safe on Coinsmart

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