QuadrigaCX

QuadrigaCX

QuadrigaCX
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $4,629,843

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.

Traditional Currency Support

  • Canadian Dollar (CAD)
  • US Dollar (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

  • Web Interface
  • API
  • Allows High frequencey trading bot

Stock Market Options

Interface
customisation:

  • Not customizable

Advanced
Options:

  • Limit Order
  • Market Order

QuadrigaCX security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

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.

Security Features:

  • SSL
  • PCI DSS standards
  • Protection from DDoS attackes
  • Regular Auditing Programs

Legal Registration or Compliance:

  • FINTRAC registration

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 c 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
Yes

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