Coinsquare Launches IPO To Compete With Coinbase Exchange On TSE
Every cryptocurrency platform and project has a different purpose. Consumers constantly want to find the best value, which is often at the ICO sale for any given crypto investments. Some consumers wait for the latest companies to come out, giving them the chance to get the most tokens possible at the beginning, giving them lasting wealth.
With Coinsquare, reports indicate that consumers in Canada can get in on this new part of crypto-trading.
What is Coinsquare?
Coinsquare is based out of Canada, and allows consumers to trade with Bitcoin, Litecoin, and Ethereum interchangeably. Consumers can purchase and sell on the website, and they maintain complete security on the website. The goal of the company is to be on the same level (or better) with Coinbase and other projects that are popular in the United States.
According to the claims on their website, they have one of the lowest fees on the market, ranging between 0.1% and 0.4% for all transfers or other transactions. The process is incredibly user-friendly, even with consumers that have not engaged in the crypto world yet.
The biggest appeal with Coinsquare is the exclusive access to QuickTrade, which is not available with other trading platforms. However, it happens to integrate seamlessly with all the different platforms, which normally does not work for consumers on different projects.
About the Token and ICO
Coinsquare does not appear to have its own token. Instead, the platform performs its transactions with BTC, which is the Bitcoin token. With the value of the token on the website, consumers will see that one BTC is equivalent with $14,293.88 CAD. Consumers also can purchase with ETH, though 1 ETH is equal to 0.1 BTC, just in case consumers want to start with a smaller investment.
An Ico sale appears to be in the works, according to various reports. The exchange should be available to other industries in the second quarter of 2018, specifically in the United States and the United Kingdom. There is nothing to indicate the available bonuses that will be offered to consumers, and nothing to show the dates of the pre-sale or the public sale.
How to Get Involved with Coinsquare
The first thing that consumers need to do is sign up for Coinsquare, which only requires an email address and a few pieces of basic information about the investor. However, to preserve the security of the participant in the investment, the investor will be asked to provide a few documents to prove that they are who they say.
Next, the user needs to add funds to their account, in exchange for cryptocurrency. There’s multiple ways to fund the account, though consumers will have more of an opportunity on the actual ways to perform the transactions.
Once the funds are in the account, consumers are ready to start the trading process. Everything can be performed on the website’s platform, but the online tutorial will guide the user through each step of the investment during the first occurrence.
Even though there are different news reports available on Coinsquare, some consumers may feel most comfortable by going straight to the source for their information. The customer service team for Coinsquare does not have a phone number, but consumers can send an email to [email protected], or they can check the help desk to learn more details.
Coinsquare does not seem to have anything special about the campaign to stand out, apart from the fact that it brings in the Canadian economy with the cryptocurrency world. The rates are similar to that of most other trading options, though consumers in this area will want to learn more about what they can do in investments. The ability to trade with the use of cryptocurrency is something that should be afforded to every country, and that is what Coinsquare aims to provide.