Compare Coinsquare vs QuadrigaCX

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Coinsquare and QuadrigaCX were two popular Canadian cryptocurrency exchanges that offered trading in a range of digital assets. In this article, we will compare Coinsquare and QuadrigaCX in terms of trading fees, security, user interface, customer support, and available cryptocurrencies.

Trading Fees

Coinsquare has a tiered trading fee structure based on the user's trading volume in the last 30 days. The fees start at 0.2% for makers and 0.2% for takers and can be reduced to as low as 0.1% for high-volume traders.
QuadrigaCX had a similar fee structure, with fees starting at 0.5% for makers and 0.5% for takers and decreasing to as low as 0.2% for high-volume traders.
Overall, Coinsquare has lower trading fees than QuadrigaCX, making it a more cost-effective option for traders.

Security

Security is a crucial consideration for any cryptocurrency exchange. Coinsquare has implemented a number of security measures to protect its users' assets, including two-factor authentication (2FA), cold storage for the majority of its users' funds, and regular security audits.
QuadrigaCX, on the other hand, suffered a major security breach in 2015 in which hackers stole 30,000 ETH from the platform. The exchange also faced legal and financial difficulties, ultimately leading to its shutdown in 2019. This highlights the importance of choosing a reputable and secure cryptocurrency exchange.

User Interface

Both Coinsquare and QuadrigaCX had user-friendly interfaces that were easy to navigate. Coinsquare's interface was modern and sleek, with advanced charting tools and real-time market data. The platform also offered a mobile app for trading on the go.
QuadrigaCX's interface was similarly user-friendly, with simple charts and an easy-to-use trading platform. However, the platform lacked some of the advanced charting tools offered by Coinsquare.
Overall, both exchanges had intuitive interfaces, but Coinsquare had more advanced charting tools and a mobile app, making it a better option for active traders.

Customer Support

Customer support is an important consideration when choosing a cryptocurrency exchange. Coinsquare offers customer support through a ticketing system, live chat, and phone support during business hours. Additionally, the exchange has a comprehensive help center with articles and tutorials to help users troubleshoot common issues.
QuadrigaCX had a customer support team that was available through a ticketing system and email. However, some users reported slow response times and poor customer support from the exchange.

Available Cryptocurrencies

Coinsquare supports a wide range of cryptocurrencies, including popular coins like Bitcoin, Ethereum, and Litecoin, as well as lesser-known altcoins. Additionally, the exchange regularly adds new coins to its platform through its listing process.
QuadrigaCX also supported a range of cryptocurrencies, including Bitcoin, Ethereum, and Bitcoin Cash. However, the exchange did not offer as many altcoins as Coinsquare.

Conclusion

In summary, Coinsquare and QuadrigaCX were two popular Canadian cryptocurrency exchanges that offered similar services. Coinsquare has lower trading fees, more advanced charting tools, and better customer support than QuadrigaCX. Additionally, Coinsquare has remained a stable and reputable exchange, while QuadrigaCX's closure highlights the importance of choosing a secure and reliable cryptocurrency exchange.

Company
User rating User rating 2.0 / 5 3 user reviews User rating 1.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 3.76 / 5 Trust Score 2.26 / 5

User rating

2.0 / 5 3 user reviews 1.0 / 5 1 user review

Cryptogeek rating

4.4 / 5 0.0 / 5

Trust Score

How it works
3.76 / 5 2.26 / 5

About

Coinsquare is a cryptocurrency trading platform located in Toronto, Canada. The company was founded in 2014. The aim of Coinsquare was to create a platform for fast and secure trading of cryptocurrencies and fiat money. We can't say that this exchange boasts huge trading volume, but it is one of the comfortable cryptocurrency platforms providing fiat money options that include Canadian, Australian, and US dollars, Swiss francs, Pounds sterling, and Euro.
QuadrigaCX is a Centralized cryptocurrency exchange based in the Canada. The exchange was launched in 2013. Its reported volume is about 0 $ as for 8 October 2019. QuadrigaCX has 0 available trading pairs and 0 coins. Deposits are Depends on currency and volume on the exchange. QuadrigaCX have Fiat...

Founding Date

2014 2013

Country

Canada Canada

Type

Centralized Centralized

Languages

English, French No data

Mobile app

iOS, Android -

Full address

Toronto (HQ) Canada 590 King St W 223-2055 Commercial Drive Vancouver British Columbia V5N 0C7 Phone: 1-647-491-2708 Email: contact@quadrigacx.com

Fees

Maker 0.1% Taker 0.2%

Full fee schedule:
https://coinsquare.com/trading_fees
0.2-0.5% Trading Fee
About
Coinsquare is a cryptocurrency trading platform located in Toronto, Canada. The company was founded in 2014. The aim of Coinsquare was to create a platform for fast and secure trading of cryptocurrencies and fiat money. We can't say that this exchange boasts huge trading volume, but it is one of the comfortable cryptocurrency platforms providing fiat money options that include Canadian, Australian, and US dollars, Swiss francs, Pounds sterling, and Euro.
QuadrigaCX is a Centralized cryptocurrency exchange based in the Canada. The exchange was launched in 2013. Its reported volume is about 0 $ as for 8 October 2019. QuadrigaCX has 0 available trading pairs and 0 coins. Deposits are Depends on currency and volume on the exchange. QuadrigaCX have Fiat...
Founding Date Founding Date 2014 Founding Date 2013
Country Country Canada Country Canada
Type Type Centralized Type Centralized
Languages Languages English, French Languages No data
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Toronto (HQ) Canada 590 King St W Full address 223-2055 Commercial Drive Vancouver British Columbia V5N 0C7 Phone: 1-647-491-2708 Email: contact@quadrigacx.com
Fees Fees Maker 0.1% Taker 0.2%

Full fee schedule:
https://coinsquare.com/trading_fees
Fees 0.2-0.5% Trading Fee

Trading

Coinsquare trading volume is 7,791,675.0. The exchange has 10 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

QuadrigaCX trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

7791675 0

Pairs

10 0

Coins

11 1

Fiat trading

- -

Deposit

Percentage Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 7791675 Volume 0
Pairs Pairs 10 Pairs 0
Coins Coins 11 Coins 1
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Percentage Deposit Depends on currency and volume
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

-

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication -
Verified Verified Unverified Verified Unverified

Social

Website

coinsquare.com www.quadrigacx.com

Twitter

@coinsquare @QuadrigaCoinEx

Number of followers

12400 7371
Website Website coinsquare.com Website www.quadrigacx.com
Twitter Twitter @coinsquare Twitter @QuadrigaCoinEx
Number of followers Number of followers 12400 Number of followers 7371

Rating

User rating User rating 2.0 / 5 3 user reviews User rating 1.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 0.0 / 5

Cryptogeek summary

Coinsquare user rating is 2.0, based on 3 user reviews. QuadrigaCX user rating is 1.0, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 3.76 / 5
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Trust Score: 2.26 / 5
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On this page, you can compare Coinsquare with QuadrigaCX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Coinsquare was founded in 2014 in Canada. QuadrigaCX was founded in 2013 in Canada.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is QuadrigaCX. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Coinsquare is Centralized and QuadrigaCX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Coinsquare has a mobile app available for iOS and Android. QuadrigaCX doesn't have a mobile app.

Coinsquare has 2 languages available, including English and French.