Coinberry alternatives
Compare the best alternatives to Coinberry alternatives for Canadian crypto traders.
By Andrew Boyd | Updated 22 Nov 2022
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Comparing Coinberry alternatives
On website
Highlights
- Bitbuy and Coinberry both offer a limited selection of trading cryptocurrencies.
- Bitbuy's trading and withdrawal costs are lower than Coinberry's.
- Both exchanges use offline cold storage facilities for storing cryptocurrencies and both are FINTRAC-registered.
Pros
Cons
On website
Highlights
- Both NDAX and Coinberry have a relatively small selection of tradable cryptocurrencies.
- The trading and withdrawal fees on NDAX are cheaper than those on Coinberry.
- Both exchanges store cryptocurrencies in offline cold storage facilities.
- Both NDAX and Coinberry are FINTRAC-registered and highly regulated exchanges.
Pros
Cons
On website
Highlights
- Coinberry’s trading and withdrawal fees are less expensive than CoinSmart's.
- Both exchanges list fewer digital assets to trade compared to some of their competitors, but they offer plenty for regular investors.
- Both Coinberry and CoinSmart provide offline cold storage and are registered MSBs with FINTRAC.
Pros
Cons
On website
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Highlights
- Coinbase has a wider selection of cryptocurrencies to trade than Coinberry, but Coinberry is cheaper.
- Coinberry and Coinbase both have user-friendly interfaces that are suitable for both novice and experienced traders.
- Both exchanges use offline cryptocurrency cold storage facilities.
Pros
Cons
On website
Binance
Highlights
- Binance provides a huge selection of tradable digital assets compared to Coinberry, including altcoins, DeFi, and NFTs.
- Binance is not ideal for beginner traders, whereas Coinberry is considerably more accessible.
- Binance is not available in all areas of Canada, but Coinberry is available throughout the country.
Pros
Cons
Highlights
- 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.
Pros
Cons
Highlights
- 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
Cons
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.
