QuadrigaCX
- Overview
- Security
- User Experience
Volume 24H: BTC 3,012/24h
QuadrigaCX is a Canada-based, full featured cryptocurrency exchange. It only supports Bitcoin, Bitcoin Cash, Litecoin, Ethereum, USD and CAD. It is well integrated into the Canadian banking system making it exceptionally quick and easy for Canadians to fund and withdraw from their accounts. It has good liquidity and a professional development team.
QuadrigaCX is appropriate for all kinds of users, including beginners. The website provides guides for all available operations and it has an easy-to-use interface. Although the platform provides a wallet, it is probably safer for users to move the funds they want to store long-term to an offline wallet.
Crypto Currencies Support
- BCH
- BTC
- ETH
- LTC
Traditional Currency Support
- CAD
- USD
Language Support
- English
Country Support
- Australia
- Canada
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
Platforms Systems
- — Allows High Frequencey Trading Bot
- — Api
- — Web Interface
Stock Market Options
QuadrigaCX is proud of the platform's security, claiming 'most of the user funds' are placed in cold storage. They had an error in an Ether contract in 2017 where they lost about $15 million but no user funds were affected, instead the company sustained the loss. They have partnered with Cloudfare to provide security and site reliability.
Summary:
| 2 Factor Authentication | Yes |
| Funds Insured | Funds Are Not Insured |
| Private Keys Stored On | Exchange Platform |
| Storage Type | They Claim To Hold User Funds In Cold Storage But Are Not Specific About It |
QuadrigaCX is incorporated in Canada and it is one of the biggest exchanges in the country, offering the most features. The team is active on user forums and Reddit, offering answers to user queries and issues. The CEO is Gerald Cotten. They are members of both the Bitcoin Co-op and the Bitcoin foundation.
Summary:
QuadrigaCX is very convenient option for Canadians where it is easiest to access. They have a solid reputation and a reasonable amount of liquidity. At this time, they only have support for four major altcoins. The software is easy and straightforward to use. Any security issues in the past have not affected users.
| Ease of use | Intuitive |
| Transaction Fees | 0.5-0.79% |
| Deposit/Withdrawal Fee | It's Free (fees May Be Hidden) |
| Deposit/Withdrawal Fee For Bank Transfer | 1.1+ |
| Deposit/Withdrawal Fee For Credit Card | It's Free (fees May Be Hidden) |
| Deposit/Withdrawal Fee Charged For 3rd party Payments | It's Free (fees May Be Hidden) |
| Anonymous Trading | No |
Deposit/Withdrawal Options:
Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal funds through a third party, Send/Receive Crypto
Functionality:
QuadrigaCX has convenient and fast funding and withdrawal options, especially for Canadians. Interac Online allows instant funding of your account so you can be up and running in minutes. The platform allows both personal and business accounts. They also offer 24h account verification and customer service.
Most common customer complaint:
— slow customer support