Is CoinSquare Legit? Should you trust it enough to rely on it for your moneymaking objectives? Is there any better alternative to it in the market? Welcome to today’s review where we shall be having a look at what this platform has to offer, and whether it is one that other customers are already loving. Below are the major highlights of the review:

• What is CoinSquare?
• How does CoinSquare work?
• Is there anything that makes CoinSquare different?
• Day Trading on CoinSquare
• The fees charged on this platform
• Can advanced traders really rely on this platform?
• Is CoinSqauare Genuine or Is It a Scam?
• Pros and Cons

Name of the platform: CoinSquare

Official Website URL: https://coinsquare.com/

Overall Rating: (2.3 / 5)

Recommended: Not Recommended 

==> Here is an Alternative that you can, however, rely on ( highly efficient platform for which you will not have to worry about the unexplained disappearance of  your digital assets)<==

Is CoinSquare Legit? (What is it about?)

CoinSquare is an intelligent day trading platform that was  blaunched back in 2014. The platform has gradually grown into a reputable one, more so in Canada and Europe. As of now, the platform boasts of a customer base of more than 100,000 users, with its owners claiming that these numbers are growing by the day.

The platform is also perceived as a fiat gateway platform that is out to make it easy for the customers to purchase or trade in cryptos. Most of the features that it has are designed with all types of traders in mind. Whether you are getting started with day trading or you are a high-rolling professional trader, you can give this platform a try.

When it comes to the new customers, CoinSquare presents a platform that is easy to access, and one that is packed with features that make it easy for them to trade intelligently. Everything on the dashboard is explained in simple terms, hence newbies do not need to put in a huge amount of time to learn the platform’s ins and outs.

How does CoinSquare work?

You can get your CoinSquare account up and running by following three simple steps as outlined below:

1. Sign up

You will be requested to submit some basic information (including your functional email address) to CoinSquare, in a bid to set up your trading profile.

2. Verification

The next step is to provide CoinSquare with the verification details they are requesting from you so that you can begin trading.

3. Adding the funds

Finally, you can choose from the funding options presented to you by CoinSquare to fund your account. The options availed include dollars, euros, as well as digital currencies.

Is there anything that makes CoinSquare different?

CoinSquare’s range of cryptos is at the moment quite limited, in comparison to the other well-established platforms. You can access the main coins, including: Ethereum, Litecoin, Dash, Bitcoin Cash and Dogecoin. The good thing is that they keep on adding coins from time to time, so you can pop into your account from time to time to see if they have the cryptos you are interested in.

CoinSquare happens to be one of the secure platforms of its kind that have not been hacked successfully, so the level of security on this platform is impressive. Traders can worry about the other aspects and not the security aspect.

Day Trading on CoinSquare

CoinSquare supports day trading from any type of device. You can use the CoinSquare app to follow the prices just by the touch of a button. Those whose main objective is to earn money on a daily basis can benefit from this capability since they can make a leap into certain markets at the perfect time.

The fees charged on this platform

There are platforms that are not very transparent with their fees but not CoinSquare. The trading fees are quite straightforward and to some extent quite competitive. The platform also offers order types such as “quicktrade”, which lets one purchase cryptos very quickly, just by using a simple buy order that is on the main dashboard. The currency one purchases is usually added to the personal wallet at a flat fee.

CoinSquare offers many options for customers to deposit and withdraw funds, Canadian customers can use the CAD funding options, and this makes it simpler for them to managed the funds in their account. Whereas this platform’s fees are mostly straightforward, there are costs that you can incur that it does not have control over, such as the fees charged for using your credit card to load your CoinSquare account. With credit cards, for instance, you are usually charged about 10% of the amount you are transacting, which is a fee that’s significantly higher than what you can incur by using other methods on other platforms.

Can advanced traders really rely on this platform?

As already highlighted, this platform is not just for the beginners and day traders. It has also put in a lot of work to ensure that the high net worth traders are also earning an income. Those who are out to start mining venture firms or capital markets’ divisions are invited to try out CoinSquare.

Thing is, the advanced traders can access custom tools on the Advanced Trade Tab. Tools such as Tradingview charting can easily run a wide range of technical analyses tasks, to give the advanced traders in-depth information for them to complete their order books with a better picture of the market.

Is CoinSqauare Genuine or Is It a Scam?

So far, I think I can only say that this platform is genuine. It has been around for several years now and has been serving a fairly large number of customers so far. No cases of hacking have been reported so far, so the security measures have been taken quite seriously.

What about the customers? What do they think about this platform? The customer service is unfortunately not that impressive. On a customer trust site like Trustpilot, for instance, this platform has a rating of (2.3/5) stars, which is considered as poor. The major concern that has been raised by the customers is that the crypto balance keeps on decreasing. Whereas the platform has not been hacked so far, this loss of cryptos to CoinSquare is definitely worrying, to the extent that I would not be very vocal about leading anyone to use this platform.

There are other safer alternatives that you can rely on and not have to worry about the loss of your hard-earned money, including the one I have recommended below:

###My Number One Recommended Alternative To CoinSquare###

Pros and cons

Pros

• Features that favor both the beginners and advanced traders
• Has not been hacked so far

Cons

• Poor customer ratings
  

  

• Unexplained loss of cryptos
• Generally not one that can be recommended as a reliable platform

Final Words and Verdict

Verdict: Legit ( But Not Recommended)

Overall Rating: (2.3 / 5)

CoinSquare is a legit platform that has been around for quite a number of years now, but it is unfortunately one that I would not highly recommend owing to the poor ratings and the negative consumer feedback. Until the platform fixes the nature of its services, however, you can rely on more reliable alternatives.

==>Read the full review of my recommended alternative to CoinSquare<==

That’s all for today on my review about whether CoinSquare is legit. I hope you gained value from it and that you know what direction to take with regards to buying, selling and storing your cryptos. If you have any questions, do not hesitate to drop them in the comments section.

Your Friend,

Eric. Bitcoin investor and blogger at StartMakeStopWaste.

Is Coinjar legit? Is it one that is recommendable or is it one that people should seek to keep away from? This is exactly what we shall be trying to figure out in today’s review about this platform. Below are the elements that will form the general structure of the review:

• Is Coinjar Legit (What is it about?)
• How does it work?
• The cryptocurrencies that are supported on this platform
• Which countries does this platform support?
• The fees you can expect to be charged on Coinjar
• Is Coinjar genuine or is it a scam?
• Pros and Cons

Name of the platform: Coinjar

Official Website URL: https://www.coinjar.com/

Overall Rating: (3.9 / 5)

Recommended: Yes ( Mostly for Australian customers)

==>  Here is a recommended alternative to Coinjar that you can try out if you live in other parts of the world ( More Features + Benefits To Help You Own and Spend Your Cryptos Like a Boss!<==

Is Coinjar Legit? (What is it about?)

Coinjar exists as an online digital exchange that can be used by customers who want to purchase, sell, store, and spend their digital assets. The platform has made quite a substantial collection of digital currencies accessible to more than 400,000 users who are distributed around the globe.

This platform is quite popular in Australia, where the local users have access to a platform that lets them deposit and withdraw funds using their bank accounts. Customers based outside of Australia can only use this platform if they intend to deposit funds into their accounts in cryptos.

The Coinjar is keen on expanding its entire service offering to other nations, just as it has been keen to update the cryptos it offers to its customers. In addition to the traditional currency exchange services that Coinjar offers, you can also access the cryptocurrency index fund that lets you speculate the trajectory of selected coins in a single investment.

How does Coinjar work?

Coinjar works in a manner that is quite similar to what other crypto exchanges offer. If you live in Australia, you can simply fund the crypto account using your own bank account. You can, however, simply choose to make the deposits using cryptos. Upon funding your account fully, you can proceed to purchase or sell the cryptos.

It is good for you to know that the owners of this platform make their money by charging you transaction fees when you trade in cryptos.

Just like is with the case with most other crypto exchanges, once you have purchased your desired cryptos, you can store them in your Coinjar wallet, or send them to your already existing private wallet.

If you are a trader who is out to make an income by trading in cryptos, then you can do well with the crypto-to-crypto pairs offered on the platform. There are technical charts that are available to make this possible. Most traders find the charts quite useful in the simplification of the decision-making process.

When you trade cryptos on this platform, you only have the option to go long. You cannot therefore speculate on the value of the market going down. If this is a trading strategy that you want to use, then a platform like Coinbase will work for you.

The cryptocurrencies that are supported on this platform

Currently, this platform does not support very many cryptos, in comparison to the well-established platforms in the industry. You can however make your trades with the following coins:

• Bitcoin
• Ethereum
• Ripple
• Litecoin
• Stellar
• USD Coin
• Basic Attention Token
• Ox Token
• Maker Dai

Most of the crypto exchanges in the present day world have the habit of updating their coin offerings from time to time, so you can keep on checking with Coinjar to see if they have the coin that you are interested in.

Which countries does this platform support?

Since Coinjar is Australian-based, it mainly focuses on Australian customers. You can tell this in the way it only allows Australian residents to deposit using fiat currencies, and not the other global customers.

For those who have no problem with depositing funds into their Coinjar accounts using cryptos, then they can comfortably access the platform from all corners of the world. Coinjar does not prohibit any nation, so if you cannot access it, it could only be as a result of the laws in your country that prohibit crypto exchanges.

The fees you can expect to be charged on Coinjar

Most of the platforms of this kind mainly deliver their services for a fee. You will therefore need to get ready to pay some deposit, withdrawal, and trading fees. Here is a breakdown of those fees.

Deposit fees

• Cryptocurrency deposits- Free
• BPAY ( available for Australian residents only) – Free
• Blueshyft cash deposit ( Available for Australian residents only ) – 1.5%

Withdrawal fees

• Debit and credit card withdrawals – N/A
• Australian bank accounts – 1%
• BPAY Biller – 0.5%
• Swipe – Free
• External crypto address: network fees

 Trading fees

This platform is quite straightforward when it comes to trading. Simply put, whenever you purchase or sell cryptos, they charge you a 1% per trade. You may find this quite expensive if you’ve used another platform that maybe charges a 0.5% trading fee, or even less.

Such a fee is not one that most day traders would find quite appealing, more so when small investments are involved. This is the reason other platforms offer relatively lower fees by spreading the fees as the trade volume increases.

Is Coinjar genuine or is it a Scam?

In my opinion, Coinjar is not a scam. There is more than enough evidence from the existing customers who have given their reviews, that Coinjar is actually a reliable platform. With a rating of about (3.9/ 5) stars on Trustpilot, it is fair to say that this platform is definitely delivering good services. It may not have the very best ratings in the industry, but it is way above some platforms that come up as being very unreliable. One can easily tell that customer support take their time to interact with the customers to make sure that they know what they are getting themselves into, which is quite impressive. Without good customer service, you can always look forward to trying out the services that a platform has to offer.

This platform, however, falls short in the way it seems like it is primarily out to make things easy for those living in Australia. While this is a sound business strategy, it could potentially lock out those who would be out to access all the services it is offering. If you, therefore, want to access a platform that does not limit what you can access based on region, then you can have a look at what my number one recommended alternative to Coinjar has to offer.

==>Get More Crypto Exchange deposit, withdrawal, and Trading Options with this Alternative to Coinjar<==

Pros and cons

Pros

• It is user friendly
• Great customer service

Cons

• The cryptos offered are not as many as those offered by the well-developed platforms.
• Trading fees are quite high
• Looks like it is mostly good for Australian customers.

Final Words And Verdict

Verdict: Legit

Overall Rating: (3.9 / 5)

Coinjar is a pretty decent platform that offers reliable services to its customers, moreso those based in Australia. It is still trying to expand its global footprint and to increase its coin offerings, but it still has a long way to go before it measures up to the standards of other platforms that are well-established. If you are currently residing in Australia, then this is a platform that can meet all your needs. If you are, however, living in other corners of the world, then you can try out my recommended alternative to Coinjar.

Recommended Alternative To Coinjar: Read The Full Review To Know What You Stand To Gain

That will be all for my review about whether Coinjar is Legit. I hope that you enjoyed it and that you will now make a decision about whether to use it or not, based on the direct benefits that you stand to gain.

Your Friend,

Eric, Bitcoin investor, and blogger at StartMakeStopWaste.

What is Elitium? How reliable and effective is it? Is it one that you should switch to right away or not? Welcome to today’s review about Elitium, where we shall find out about this and more. Here is the structure that the review will take:

• What is Elitium
• The services and products that are offered by Elitium
• Are there any smart contracts in this digital ecosystem?
• The Elitium Card: What can you expect from it?
• Is Elitium Legit or is it a Scam?
• Pros and Cons

Name of the platform: Elitium

Official Website URL: https://www.elitium.io/

Overall Rating: (4 / 5)

Recommended: Might be

What is Elitium?

Elitium exists as an app-based digital economy ecosystem that was built to enable its customers to acquire the much-needed independence, value, and growth, that is needed when it comes to the use of money in its various forms. This digital ecosystem is powered by crypto that is referred to as EUM.

One of the main reasons why Elitium was built is because its creators were well aware of the fact that we are moving towards a cashless era, in which all payment and money systems will be fully digitalized. Elitium, therefore, exists to offer an ecosystem of digital solutions that it perceives are sufficient to influence the way people interact with money, through ensuring that their transactions are all fast, secure, and low-cost.

The services and products that are offered by Elitium

We have already seen that Elitium’s objective is to offer independence, value, and growth when it comes to the use of money. Some of the products and services that it is offering in a bid to achieve this include:

Stake

Its users can rely on the staking platform stake EUM and receive rewards simply for being part of the network. Customers can stop staking or even stake more, at any time that is convenient for them. No minimum balances and lock-ups will hinder you from staking in your preferred way. There are rewards of up to 6.5% simply for staking any amount of EUM.  You can create an account in 3 simple steps and start staking in just a single click of a button.

The staking program is open to anyone and is one that is easy to use. No technical knowledge or expertise is required to proceed with the staking process. All you have to do is:

• Sign up for the program through the Elitium staking program dashboard
• Begin staking by depositing a EUM deposit.
• Stop staking at any time that you feel like doing so.

Trade

The platform enables you to make an income by exchanging the EUM you own against cryptos such as BTC & ETH. Depending on how skilled you are, you can profit a lot (or even get nothing to show for your effort)

Spend

Elitium claims to support payments in more than 46 million stores on a global scope. You can use the Elitium Card to pay for goods and services so that you can receive cashback rewards for every payment transaction that you make. Using the Elitium card to make payments comes with the following benefits:

• Zero account fees
• Zero transaction fees
• No withdrawal fees

You can use the rewards that you gain from staking EUM tokens to shop in a wide range of stores all over the world.

Invest

Elitium has made it possible for digital investors to earn an income through the Elitium Capital platform.  This is a digital share platform through which you can invest in valuable assets and lucrative deals such as luxury real estate.

Elitium Suite

This is Elitium’s curated marketplace that allows users to look for and book most money-can’t-buy experiences, as well as buy prized goods from all corners of the world. This suite has a collection of several categories in various segments, just to ensure that there is enough variety for the products and services that are of value.

Are there any smart contracts in this digital ecosystem?

Yes. Elitium works hand in hand with Ethereum in a technology collaboration that is aimed at making the use of smart contracts possible. Those who know about smart contracts know that they offer a couple of benefits, including the ones below:

• They enhance near-instant payments
• They offer higher scalability
• They offer the capability for many transactions to be made within one second.

The fact that Elitium’s smart contracts are presented from Ethereum gives some confidence that they are bound to present smooth operational processes. Elitium claims that with these contracts, they are in a position to keep their efficiency and speed in check at all times when delivering the underlying services.

The Elitium Card: What can you expect from it?

This card is simply out to make EU spendable in various stores. If you have your EUM or other cryptos, you can make payments without there being the need for them to be converted into conventional currencies. This is not usually the case with most other cards, in the way one has to first convert the cryptos into the conventional currencies, which is a process in which costs are incurred.

Elitium is out to offer a simplified debit card that presents several membership benefits, including:

• The capability to buy items using EUM
• Cashback rewards on every purchase made
• One becoming part of the Elitium community.

The Elitium card can be used in stores that accept VISA, Apple Pay, and Samsung Pay.

Is Elitium Legit or is it a Scam?

I do not think there’s much that can be used to make a strong stand about Elitium being a very genuine platform or being a scam. I, however, still think it is one that is not very solid, at least not yet. The information available about it is quite vague, and one cannot comprehensively make a strong opinion about it. The platform lacks a lot of social media activity on platforms such as Facebook. This, in my opinion, can be quite unsupportive of the company’s agenda to serve its customers. People definitely recognize the services and products that are valuable, and you can tell this from even the very few customers who are already content with what is being offered. If Elitium was very solid and reliable, the comments and reviews would definitely tell.

Pros and cons

Pros

• You can create and activate your account easily
• You can earn profits for staking EUM
• Supports the use of smart contracts

Cons

• Does not have solid reviews about its efficiency.
• Does not have a lot of social media activity

Final Words And Verdict

Verdict: Legit  

Overall Rating: (4 / 5)

Elitium has quite a large collection of services and products, owing to the fact that it is out to present its users with a digital ecosystem in which they can make their transactions with a lot of ease. Generally speaking, the value that Elitium is proposing would have been readily accepted by millions of customers if it was perceived as being very solid. It, however, does not have many customers (though this could change in the future if the owners of the platform get the customers to gain more trust with the products and services offered). I think Elitium still has a long way to go in as far as the expansion of its customer base is concerned.

That is all for now with regard to what Elitium is about. Is there anything else that you’d like to know about it? You can drop the question in the comment section and I will get back to you ASAP. If you’ve already used Elitium, feel free to share what your experience was like.

Your Friend,

Eric. Bitcoin investor and blogger at StartMakeStopWaste.