Crypto payment methods.
Coinberry is considered to be one of the safest and most secure digital currency trading platforms in Canada. Andrei Poliakov co-founded Coinberry in 2017 with Evan Kuhn in order to meet the high demand for cryptocurrencies. Coinberry is a FINTRAC-registered platform that allows its customers to buy and sell Bitcoin, Ethereum, Litecoin, XRP, Stellar and Bitcoin Cash. With a growing user base in the tens of thousands in Canada, they aim to deliver the best-in-class user experience. Coinberry’s platform supports both desktop and mobile experiences across a suite of Web, iOS and Android applications. The company has also made great progress in providing tax services for their customers. Coinberry is the first and currently the only digital currency platform to partner with Municipal Governments in Canada for Bitcoin tax payment processing.
Coinberry aims to provide their services as a global digital institution of the future. Here are the main features that Coinberry provides for its users:
Coinberry supports the following payment methods:
Coinberry operates in the following country:
“Coinberry is a Canadian exchange that lets users buy and sell cryptocurrencies for CAD. It is compliant with PIPEDA and registered with FINTRAC. There are no fees for funding or withdrawals, and trade fees are only around 0.5 percent. In its short history, Coinberry has not faced any scandals, hacks, or leaks.”
“Coinberry is a great exchange to use for first time cryptocurrency investors who reside in Canada. It offers all the basic features you need, including the ability to buy and sell 3 of the most popular cryptocurrencies (Bitcoin, Ethereum and Litecoin), deposit or withdraw funds from multiple sources (E-Transfer, Credit card/debit card, Wire transfer) and trade with limited to no fees.”
“Coinberry is a decent cryptocurrency exchange that is regulated by a reputable authority. The company has had no issues since its creation, and that is a very good sign. Most of the user reviews also show that the exchange can be trusted. Although Coinberry does not offer a huge variety of coins to work with, the service is very promising and will expand in the future.”
Coinberry aims to be one of the most secure crypto exchanges in Canada. With their streamlined sign up process, over 90% of the customers are able to be verified instantly. This allows for funding to be available within minutes. If any issues occur during a trade, Coinberry has a dedicated support team that will be able to help user trades execute properly. Additionally, Coinberry’s offline security approach ensures that no users data will be stored on servers outside of Canada. Two factor authentication (2FA) is also required when using an account with Coinberry. This security measure adds an extra layer of protection against bad actors. By using an email or authenticator app to verify that the customer is signing into their Coinberry account, it is much less likely that accounts will be compromised. A zero tolerance policy toward fraud is also enforced on the platform. Accounts go through all KYC and AML procedures by requiring the necessary identification documents from customers. All infrastructure and financials undergo annual third party audits. Coinberry is also a FINTRAC registered company. This means that they are fully compliant and committed to proper user onboarding, fraud monitoring, and reporting.
Coinberry is one of the best exchanges available in Canada because of their focus on security and an easy onboarding process for new users. By subscribing to all regulations and security protocols, Coinberry is a great option for anyone new to the space.
Coinberry does not have plans to expand their services to other countries at this time.
There is no minimum amount required for opening an account.
No, a sign up fee is not required.
Yes, Coinberry has a referral program. A referred account must be verified and trade at least $50 before both you and the person you refer receive $20.
Coinberry does not have any fees for funding or withdrawing accounts. The only fees that are included is the spread for the current price of a digital asset that is between 0% and 2.5%.
Coinberry Pay allows customers to purchase products and services with Bitcoin (and other cryptocurrencies). This platform is created for merchants, charities, municipalities and Individuals looking to accept Bitcoin payments or donations. Users also have the option to have all BTC payments or donations instantly converted to CAD and deposited into their bank accounts.
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