Coinsquare

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Coinsquare
Coinsquare logo.jpg
Founded 2014
Headquarters Toronto, Ontario
Key People Virgile Rostand, founder & managing director; Cole Diamond, CEO; Simon Palmer, CTO
Employees 50-200
Twitter @coinsquare
StockTwits Coinsquare
LinkedIn Profile
Facebook coinsquare.io
Website Coinsquare Homepage

Coinsquare is a cryptocurrency trading platform based in Toronto, Ontario.

Its mission statement as written on its website is "to revolutionize and simplify the buying and selling of digital assets, while delivering on industry-leading and user experience."[1]

History

Coinsquare was founded in 2014.[2]

Riot Blockchain previously had a contract with Coinsquare, but it was terminated in 2018.[3]

In February 2019, Coinsquare laid off approximately 30 percent of its staff, citing the volatility and unpredictability of the cryptocurrency markets, and the need to "responsibly manage its resources," according to a statement by the company's CEO, Cole Diamond.[4]

Just Cash Acquisition

In July 2019, Coinsquare announced that it had acquired a controlling stake in ATM manufacturer Just Cash to enable its customers to carry out cryptocurrency transactions through its ATMs.[5][6]

Products and services

Coinsquare's trading platform, available for iOS and Android users, enables its users to trade cryptocurrency using both digital assets and fiat currency. The platform uses two-factor authentication and Secure Sockets Layer (SSL) encryption for security.[7][8]

Digital asset OTC trading

Coinsquare supports OTC trading for bitcoin, Ethereum, Litecoin, Bitcoin Cash, Bitcoin Cash SV, Dogecoin, Dash, Ripple, Ethereum Classic, and Stellar.[9][10] Coinsquare supports four funding options using fiat currency: CAD, EUR, CHF, and USD.[11]

Advanced trading

Though its main platform is designed to be user-friendly enough that most people can use it, the company also has an "Advanced Trading" option for more experienced, "higher net worth" traders. While this function contains analytical tools, it lacks some functions that experienced traders may be used to, such as the ability to place stop losses during a trade.[12][13][14]

Key People

  • Virgile Rostand - founder & managing director
  • Cole Diamond - CEO
  • Simon Palmer - CTO

References