Coinsquare
Coinsquare is Canada's first crypto trading platform registered as a CIRO Investment dealer and marketplace member, offering over 1300 trading pairs and supporting more than 50 currencies.
Overview of Coinsquare
Coinsquare is a leading cryptocurrency trading platform based in Canada. As the first crypto trading platform in the country to be registered as a CIRO Investment dealer and marketplace member, Coinsquare offers a variety of services and tools for both beginner and professional traders. With over $8 billion CAD in executed trades and more than $100 million in raised funding, the platform supports trading in more than 50 currencies and offers over 1300 trading pairs.
Services Offered by Coinsquare
Coinsquare provides a comprehensive range of services tailored to meet the needs of different types of traders. These include a mobile app called Quick Trade for simple and secure transactions and Coinsquare Pro for advanced trading features such as depth charts, live order books, and advanced fill instructions. Additionally, Coinsquare offers an ATS (Alternative Trading System) that supports the trading of digital assets like Bitcoin and Ether. Clients also benefit from a dedicated CIRO-registered Investment Representative for personalized service.
Coinsquare's Wealth and Staking Services
Coinsquare's Wealth service is designed for high-volume trading and includes over-the-counter (OTC) services with enhanced liquidity and same-day settlements available in USD or CAD. Clients can also take advantage of the staking service, which allows them to earn rewards by staking various cryptocurrencies including Polkadot, Ethereum, and Solana. The reward rates vary per cryptocurrency, with Cosmos (ATOM) offering 11.23% annually and Solana (SOL) offering 5.04% annually.
Security Measures and Insurance
Coinsquare prioritizes the security of its client assets. Client assets are held in trust with external, licensed custodians such as Coinbase Custody, Bitgo Trust Company, and Tetra Trust Company. Additionally, client cash accounts are insured against insolvency by the Canadian Investment Protection Fund (CIPF) up to $1 million CAD per account. The platform also ensures that client assets are insured with a combined $680 million USD in insurance from their custodians.
API and Programmatic Access at Coinsquare
Coinsquare offers an API for eligible users, allowing them to programmatically interact with the Trade platform. This feature provides access to a wide range of fiat-to-crypto and crypto-to-crypto instruments, enabling users to automate their trading strategies and access market data efficiently and securely.