I have applied to withdraw funds only to be told that I had tax to pay the tax, alleged to be due, upfront before I could withdraw any funds. They are criminally minded people and you will most likely have your monies stolen at some point via all sorts of ways. Anyway, if you want to venture into crypto currencies, avoid this company like the plague.
Coinberry has proved safe and secure
Not once did I do any suspicious trading. To do this, I have to deposit $5000 for every point needed to reach 100 which means I need to deposit another $200,000. They now tell me because of previous potential suspicious activity they lowered my credit score to 60 and they won’t release my money until I bring my score up to 100. I finally met all of their financial requirements but they still won’t release my money. I still haven’t gotten any money.Update.
About WalletBliss
Overall that was ok, and at the time you had to verify your bank account but didn’t have to submit a photo ID. Excellent customer service hero. Fast and efficient.Spread & fees are biggers than one would want but overall 4/5.Would recommand. This company has the worst customer service I have ever experienced. There are many alternate services available that provide a much better customer experience with a level of service that you can trust.
The app was updated and I was forced to…
- Companies can ask for reviews via automatic invitations.
- With over a decade experience in financial services, he’s passionate about personal finance, investing and helping people take control of their financial life.
- They offer users a wide range of digital currencies with low fees and fast transactions.
- I tried to withdraw money from my coinberry account & was told there was suspicious & illegal trading on the account.
This means it complies with AML/KYC rules and regulations as they relate to cryptocurrency exchanges. Although it started with a few cryptocurrencies, the platform now supports 35+ different cryptocurrencies. Coinberry is a cryptocurrency exchange that supports a wide range of digital currencies. This means that users can set up an automatic purchase of a certain amount of cryptocurrency every week or month and have it automatically deposited into their account. Coinberry has different features that make it unique from other cryptocurrency exchanges.
- I have informed them I no longer wished to use their site, and that I wanted my money returned so I could close the account.
- Now they want me to deposit the same original amount ($14,173) while they investigate and get the funds back.
- Also, while Coinberry doesn’t charge deposit or withdrawal fees, NDAX charges a withdrawal fee of $4.99 CAD.
- The first, and likely most convenient of these is through their dedicated live chat service hosted on the website.
Coinberry Supported Coins
Once you successfully add funds to your account, you will be able to buy or sell digital assets on the platform. The Coinberry platform aims to make trading easy for everyone, regardless of their level of experience. Coinberry allows users to trade cryptocurrencies through its mobile app or web platform. Also, Coinberry has a wallet service available on the site, which allows you to store your cryptocurrencies in cold storage. The exchange has been around for a while now, and they have built up a solid reputation as one of Canada’s best crypto exchanges.
Sometime last year I decided to get this sorted out once and for all and when trying to log in I discovered that they had been ‘taken over’ by BitBuy. So I never went into my account for a number of years and got on with Life. Then I tried withdrawing that same $5 and discovered to my intense anger that there was a minimum withdrawal limit of $100!!!!!!!!!!! At the time they were based in Davenport Road, Toronto. A few years ago I opened an account online with this cowboy outfit.
Coinberry Trading fees
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Customer Support
Yes, it can be tough deciding on a secure exchange that is also a good place to start trading. Given the recent boom of interest in cryptocurrencies, you’ve probably been thinking about getting into the market. I am still waiting for crypto withdrawal.
You can add funds to your account using wire transfers and e-transfers. Coinberry has been around for a while and it has made some good strides toward becoming one of Canada’s most popular exchanges. Coinberry is one of the few Canadian crypto platforms that are registered with OSC and FINTRAC, insured and PIPEDA compliant. In this Coinberry review, you’ll learn more about the features of this exchange including its pros and cons to decide if it’s suitable for your crypto needs. One of the best options for buying, selling and storing cryptocurrencies in Canada is Coinberry.
Any problems I have encountered have been timing issues, delays in transferring eth, etc It was easy to set up my account. Coinberry lets you deposit assets to the exchange through e-Transfer (a type of wire transfer). The difference between the sell price and the purchase price (USD 1 in this case), goes to the trading platform.
You will have a good range of charting tools and indicators available through the desktop platform all of which are clearly labeled and can help you gain some trading insight into the available markets. Trading is possible with Coinberry through both their desktop trading platform and their mobile app for trading on the move. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk. If you have any questions, feel free to drop them in the comments section.
Investment Products
In contrast, Newton supports 70+ cryptocurrencies including Bitcoin, Ethereum, Litecoin and Ripple. The company was founded in 2018 and has quickly established itself as one of Canada’s most reputable crypto exchanges. Newton is another popular Canadian crypto exchange that offers similar services as Coinberry. Many other exchanges offer similar services and products.
Coinberry is a great crypto exchange but it’s not the only option out there. You need to confirm your identity with a secret code sent to your phone every time you log in on the platform. This makes it much harder for hackers to access your money.
It is a Canadian cryptocurrency exchange and it’s based in Toronto, Ontario, Canada. Coinberry is a cryptocurrency exchange that was launched in 2017. I reached out to customer support and it turned out be an easy fix. Awful.Similar to several people on here they changed my account from verified to unverified AFTER I requested the withdrawal, and are asking for a number of documents, claiming they need to be compliant with FINTRAC. I’m currently trying to withdraw the funds from my account by eTransfer to the same bank account that made the initial deposit. Fine to take your money but they will keep your funds and not let you withdraw.I set up my account in 2018.
NDAX also charges a trading fee of 0.20% plus a spread fee of 0.40%. Both exchanges offer a wide range of coins, including bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more. Check this Newton Review to coinberry review learn more about the features and benefits of Canada’s best crypto exchange for altcoins. Also, both exchanges are registered by FINTRAC as a Money Services Business. They offer users a wide range of digital currencies with low fees and fast transactions. Both Coinberry and Newton are Canadian exchanges based in Toronto, Ontario.
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.
The platform uses cold storage to store funds, which means it stores them offline on software that isn’t connected to the internet. Coinberry is also one of a handful of crypto platforms that are registered as Restricted Dealers or Marketplace with the Ontario Securities Commission. Next is to add funds to your new Coinberry account using e-transfers or wire transfers.
They know how to take your money but they refuse your withdrawal request.Don’t burn your hard earned money! Who can I contact to sue these people for my money. It’s unfathomable why they demand such massive amount of money each time.