Coinberry is less expensive than Shakepay, and it offers a broader selection of cryptocurrencies to trade.
Both Coinberry and Shakepay are suitable for both novice and experienced traders.
Coinberry and Shakepay have not had any serious security issues. Both store digital assets in offline cold storage wallets and are registered with FINTRAC.
Newton is more expensive than Coinberry for trading and withdrawing funds.
Both exchanges offer a rather small selection of tradable currencies; however, Newton's offering is continually expanding.
Both exchanges employ third-party cold storage facilities for storing cryptocurrencies. Coinberry uses Gemini cold storage.
Both exchanges are user-friendly for new crypto traders.
Pros
Clean user interface.
No commission fees.
Competitive spreads.
Earn $25 on its referral program.
Cons
Only accepts CAD deposits.
Verification times can be slow.
On website
Kraken
Highlights
Kraken lets you trade more digital assets than Coinberry.
Kraken has lower trading and withdrawal fees than Coinberry.
Because of their simple and user-friendly interfaces, both exchanges are appropriate for novice traders.
Both Coinberry and Kraken employ offline cold storage and are FINTRAC- registered MSBs.
Pros
Large selection of tokens to trade.
Earn rewards by staking eligible assets.
Access to a range of educational materials.
Cons
Limited options to fund your account.
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