Coinsquare Supported Countries | Available Outside Of Canada?
Mike Harry
Feb 2024
3 min read
Fact checked
Introduction: Coinsquare is a popular Canadian cryptocurrency exchange that allows users to buy, sell, and trade digital currencies. In this article, we will delve into the countries that are supported by Coinsquare and those that are restricted from using the platform.
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The company which has more than 50 employees is available exclusively to residents of Canada. Known for its security and regulation, Coinsquare is fully Canadian-owned and offers an easy-to-use platform that's suitable for beginners.
Users can buy and sell cryptocurrencies such as Bitcoin, Ethereum, and a selection of other coins and tokens, from a total of over 40 available cryptocurrencies.
With an estimated user base of over 500,000 registered users, Coinsquare's popularity extends to its mobile application, available on both Android and iOS, which has been downloaded over 50,000 times by Canadians.
Coinsquare Restricted & Banned countries
Coinsquare is only available to Canadian citizens and no individuals outside of Canada can use it's services.
Is Coinsquare licensed & regulated?
Coinsquare Capital Markets Ltd is a licensed and regulated cryptocurrency exchange in Canada.
It holds the status of a registered IIROC (Investment Industry Regulatory Organisation of Canada) investment dealer.
This means that Coinsquare is subject to financial monitoring and auditing by an independent accounting firm approved by the IIROC.
This guarantees that the cash holdings of clients are never used for Coinsquare's operational purposes.
These accreditations make Coinsquare the first crypto-only investment dealer registered with the IIROC in Canada.
Is Coinsquare available in the US?
Coinsquare is a cryptocurrency exchange that operates primarily in Canada.
It provides a platform for users to buy, sell, and trade various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and others.
Coinsquare's services are not directly available in the United States because of the regulatory landscape surrounding cryptocurrency exchanges in the US.
Citizens of the United States and other jurisdictions can instead use eToro to safely invest in 1000s of digital assets like Bicoin, Ethereum, Solana and many others financial assets.
Can I use Coinsquare in UK & Canada?
Coinsquare explicitly targets the Canadian market and thus is not available in the UK market.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
