Coinsmart

Coinsmart - Reviews and experiences

Average rating
7.8 /10
Based on 20 reviews
Oct 2023-May 2024
Star distribution
56x
46x
35x
22x
11x

Review transparency

Origin: voluntary submissions: no post-purchase invitations, no rewards
Verification: no standard purchase verification; basic checks against abuse
Moderation: spam/advertising/personal data is removed
Response & dispute: company can respond; users can report reviews via "Report review"

Reviews (20)

Attempted to trade but system glitched

App & Portal

So I was trying to make a trade, but the system was acting all glitchy and wouldn't let me do anything. My money ended up stuck in that dumb fiat currency and I couldn't buy what I wanted. After waiting around for a couple of days with no support, I finally decided to just put my cash back into ethereum. But then ethereum was down too, and on top of that they hit me with fees! Ended up losing a hundred twenty bucks! They never even bothered to explain why or try to fix things. I only had $2,500 in there, but if I had more it would've been a disaster. Definitely not risking a lot of money with them again. Ugh.

Trading platform issue

App & Portal

I had a problem when I was trying to buy something on the trading site. Even with the customer service person's help, my payment didn't work when the market went down. I think the trading platform needs to be more dependable to stop this from happening again.

Cryptocurrency exchange review

App & Portal

I've been using this crypto exchange since January 2021 and so far, it's been good. Sometimes it can be a bit annoying, but overall it's easy to use and gets the job done. I like that the verification is smooth, I can do e-transfers, and there are no fees for transactions over $2000. The interface is simple and easy to understand, and the fees for deposits and withdrawals are fair compared to others. The online chat is handy for quick help too.

But there are some things to think about. Not having a mobile app is a bit inconvenient, and sometimes the chat can have a long wait. It's also frustrating that there's no phone support for urgent issues. I had a problem where I didn't get an Interac deposit request on time during a market drop, which was pretty stressful. There was also a glitch that messed up the deposit fees, but I'm waiting for it to be fixed.

Even with these struggles, I recently had a good experience with customer service, especially with Mr. Shah who was really helpful.

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About Coinsmart

CoinSmart is a Canadian digital currency exchange (cryptocurrency exchange) designed to provide traders and institutions with a simple, accessible, and secure platform to buy and sell Bitcoin and other cryptocurrencies. It was founded in 2018 with the aim of making cryptocurrency accessible to everyone, regardless of their level of experience. The platform emphasizes user-friendly experiences, offering features such as direct bank integration for easy fiat transactions, advanced trading options, and dedicated 24/7 customer support. CoinSmart also focuses on compliance and security, ensuring a safe trading environment through rigorous identity verification processes and secure technology infrastructure.

Contact Information

1075 Bay St.

M5B 2B2 Toronto

Canada

📧 social@coinsmart.com

🌐 www.coinsmart.com

Categories Coinsmart

Last update: November 29, 2024

Website (Partner link)

Advertising notice: Some links are affiliate links. For purchases made through them, we may receive a commission – at no additional cost to you.

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