About Coinsquare
Coinsquare is one of Canada’s oldest and most trusted cryptocurrency trading platforms. In 2022, Coinsquare became the first crypto‑asset trading platform in Canada to be registered as an Investment Dealer and a member of IIROC (Investment Industry Regulatory Organization of Canada), providing added oversight, regulatory compliance, and protection to its users. :contentReference[oaicite:1]{index=1}
Operating since 2014, Coinsquare supports trading in over 40 different cryptocurrencies and more than 820 coin‑to‑coin trading pairs, enabling users to diversify and manage their asset portfolios effectively. :contentReference[oaicite:2]{index=2}
Security & Regulatory Protections
- IIROC Registration: As an IIROC‑registered investment dealer, Coinsquare adheres to rigorous regulatory and financial oversight measures. :contentReference[oaicite:3]{index=3}
- Cold Storage Custody: A large majority (≈95%) of customer cryptocurrency holdings are stored offline in cold, secure storage to protect against hacking vulnerabilities. :contentReference[oaicite:4]{index=4}
- Two‑Factor Authentication (2FA): Users are strongly encouraged (and required for certain activity) to enable 2FA, ideally via authenticator apps like Google Authenticator, Twilio Authy, etc. :contentReference[oaicite:5]{index=5}
- Travel Rule & FINTRAC Compliance: Coinsquare, as a regulated Money Services Business under Canadian law, complies with the Travel Rule for VC transfers over certain thresholds, collecting identity info to enhance transparency and safety. :contentReference[oaicite:6]{index=6}
- Segregation of Assets: Digital assets held in trust under external custodians; client assets are separately identified from Coinsquare’s own property. :contentReference[oaicite:7]{index=7}
How to Login Securely
- Visit the Official Website or App: Go to coinsquare.com/en-ca or open the official mobile app. Always verify the URL and ensure your connection is secure (look for HTTPS). :contentReference[oaicite:8]{index=8}
- Click “Login” or “Sign In”: Use the button/link labeled Login or Sign In – typically at the top‑right or main menu. :contentReference[oaicite:9]{index=9}
- Enter Your Registered Email & Password: Use the credentials you used during account creation. Make sure the password is strong and unique. :contentReference[oaicite:10]{index=10}
- Enable Two‑Factor Authentication (2FA): If not already enabled, set up 2FA via an authenticator app (recommended) or use SMS where available. This protects your account even if the password is compromised. :contentReference[oaicite:11]{index=11}
- Complete Verification Prompts as Needed: Coinsquare may require additional identity verification (KYC), especially for withdrawals or large trades. Have required documents ready. :contentReference[oaicite:12]{index=12}
- Access Your Portfolio & Begin Trading: Once authenticated, you can view balances, perform trades, inspect market data, and use security settings. Always monitor for any suspicious activity. :contentReference[oaicite:13]{index=13}
Features Available After You Login
QuickTrade
Easily buy or sell selected cryptocurrencies without navigating complex interfaces — perfect for fast decisions. :contentReference[oaicite:14]{index=14}
Pro Trading Tools
Access advanced charting, order books, and more pairs for deeper market insight and strategy. :contentReference[oaicite:15]{index=15}
Earn rewards on select assets through staking or reward programs (if available). Stay updated on eligible coins. :contentReference[oaicite:16]{index=16}
Deposit & Withdrawal Support
Manage deposits and withdrawals in CAD or crypto. Note: Digital asset withdrawals may require network confirmations and verification. :contentReference[oaicite:17]{index=17}
Security Tips & Best Practices
- Use a Strong, Unique Password: Avoid reusing passwords across platforms. Mix cases, add symbols, numbers. :contentReference[oaicite:18]{index=18}
- Enable Authenticator 2FA: Prefer app‑based TOTP for better security over SMS. :contentReference[oaicite:19]{index=19}
- Secure Your Email: Use separate email for financial accounts, with good spam filtering and no reuse. :contentReference[oaicite:20]{index=20}
- Avoid Public WiFi: Use trusted networks. If needed, use VPN. :contentReference[oaicite:21]{index=21}
- Check URLs Carefully: Bookmark the official site. Phishing is common. :contentReference[oaicite:22]{index=22}
- Monitor Account Activity: Review login history and trades. Be alert for unrecognized logins or transfers. :contentReference[oaicite:23]{index=23}
- Use Cold Storage: Move large holdings off the exchange into your own wallets if possible. Exchanges are best for trading, not long‑term, full custody. :contentReference[oaicite:24]{index=24}
Common Login Problems & Solutions
- Forgot Your Password: Use the “Forgot Password” option on the login page. Reset via email after verifying your identity. Ensure you check spam/junk folders.
- 2FA Code Not Working: Make sure your device time is synced properly. If using an authenticator app, ensure codes are generated correctly. :contentReference[oaicite:25]{index=25}
- Account Locked or Suspended: Multiple failed login attempts or suspicious activity can trigger locks. Contact support for recovery.
- KYC Verification Delays: If you haven’t submitted or verified required documents, this may delay access to features like withdrawals. :contentReference[oaicite:26]{index=26}
- Website or App Issues: Try clearing cache, updating the app/browser, or using incognito mode.
Eligibility & Legal Information
To use Coinsquare, users must be Canadian residents, at least 18 years of age, and have a verified phone number or other identity verification per regulatory requirements. :contentReference[oaicite:27]{index=27}
Coinsquare must comply with Canadian laws including FINTRAC registration, anti‑money laundering (AML) regulations, and regulations under the Proceeds of Crime and Money Laundering & Terrorist Financing Act. :contentReference[oaicite:28]{index=28}
All digital assets purchased via the platform are held in trust and separately segregated. Coinsquare does not use customer assets for its business liabilities. :contentReference[oaicite:29]{index=29}
Frequently Asked Questions
Is Coinsquare fully regulated in Canada?
Yes, it is IIROC registered and operates under Canadian securities and financial regulatory frameworks. This gives users legal protections and oversight. :contentReference[oaicite:30]{index=30}
How safe are my crypto assets?
Very safe. Most assets are kept in cold storage, 2FA is enforced, and there are custody arrangements with licensed custodians. :contentReference[oaicite:31]{index=31}
What if I lose access to my 2FA device?
Backup codes or recovery methods are generally available. Reach out to Coinsquare Support and verify your identity to restore access. Always keep recovery info stored safely. :contentReference[oaicite:32]{index=32}
Do withdrawals require extra verification?
Yes. Due to regulatory requirements like the Travel Rule, information may be requested for deposits/withdrawals/crypto transfers above certain CAD thresholds. :contentReference[oaicite:33]{index=33}