Coinsquare logo

Coinsquare

exchange
Operational

Canadian exchange registered with FINTRAC; faced market manipulation findings in 2020.

Platform Information

Founded

2014

Headquarters

Toronto, Canada

Two-Factor Authentication

An extra login step that protects your account even if your password is stolen.

Yes

Custodial

The platform holds your crypto on your behalf — you don't control the private keys.

Yes

KYC Required

Know Your Customer — you must verify your identity before trading or withdrawing.

Yes

Proof of Reserves

The platform publicly proves it holds enough assets to cover all customer funds.

Unknown

Insurance

Customer funds are covered by insurance in the event of a hack or platform failure.

No

About Coinsquare

Coinsquare is one of Canada's largest cryptocurrency exchanges. In 2020 the Ontario Securities Commission found it had engaged in wash trading to inflate volume figures. It later settled and registered as a restricted dealer. Has since undergone compliance improvements.

Security & Score

58

Platform Safety Score

58/100Fair

Based on incident history, security features, and track record

No detailed security information available for Coinsquare.

Regulatory Information

Notes

Registered as a restricted dealer with the Ontario Securities Commission (OSC) and FINTRAC.

Incident History

No incidents recorded for this platform.

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