Coinberry Review 2021: Security, Fees & Special Features

The web’s most detailed Coinberry review: One of Canada’s most reputable cryptocurrency exchanges, fully regulated by FINTRAC, and maximum digital asset insurance by Gemini Trust Company LLC. Coinberry has made a great name for itself and we wanted to take a closer look at why this platform has gotten such a good reputation. Keep reading to learn the ins and outs of Coinberry.

4.05/5
Excellent
Regulated by
FINTRAC
Canada flag
Coinberry
Founded January 2017
Owner Coinberry Limited
Type Cryptocurrency Exchange
Fees 0.30%
account minimum 50$
Best for Investors

Why Coinberry

In this section of our Coinberry review we highlight 6 special features that deserves extra attention.

This status is earned only by the safest and most trusted trading platforms with a proven track record of being safe.
High Security
This status is earned only by the safest and most trusted trading platforms with a proven track record of being safe.
Use recurring crypto investment to buy coins over time to simplify your investing. Choose how much and how often.
Recurring Crypto Purchase
Use recurring crypto investment to buy coins over time to simplify your investing. Choose how much and how often.
This trading platform has a whole education section on trading. Get smarter and earn more money!
Education
This trading platform has a whole education section on trading. Get smarter and earn more money!
Easiest and fastest way to buy cryptocurrency with fiat through card payments, bank transfers, or e-wallets.
Buy Cryptocurrency
Easiest and fastest way to buy cryptocurrency with fiat through card payments, bank transfers, or e-wallets.
Deposit your fiat currency and start trading or investing in cryptocurrencies without any blockchain transactions.
Fiat Account
Deposit your fiat currency and start trading or investing in cryptocurrencies without any blockchain transactions.
This Cryptocurrency Exchange keeps most of your coins stored offline in cold storage for extra security.
Cold Storage Wallet
This Cryptocurrency Exchange keeps most of your coins stored offline in cold storage for extra security.

About Coinberry

Coinberry is a fully insured and FINTRAC regulated cryptocurrency exchange based in Canada with the main office located at 100 Designers Walk Lane, Toronto, ON, M5R 1K6. This trusted platform with outstanding security features is a go-to place for thousands of Canadians when it comes to cryptocurrency investing.

The common goal of the team and company behind this project, Coinberry Limited, was to create an intuitive platform that is robust, secure, and also very easy to use. All funds on the exchange are protected by Gemini Trust Company LLC, the most secure and trusted cryptocurrency custodian on the market. This is one of the reasons why traders keep coming back to Coinberry, it’s a very safe platform and your digital assets are also insured.

Why use Coinberry

This crypto exchange serves crypto investors best. Coinberry is a very beginner-friendly platform and you don’t need any previous experience to start. The simplicity of investing in coins and the safety features make it a great hub for crypto investors to stock up on the biggest crypto projects on the market.

The option to deposit CAD makes a very smooth onramp for new investors who are just starting out and if you are an experienced trader you will also enjoy the easy-to-use buy and sell interface. If you are looking for a platform with easy deposits and fast withdrawals, then Coinberry might be the new home for your crypto adventures.

Trading on Coinberry

Coinberry offers a simple buy and sell interface which makes investing in the crypto markets incredibly hassle-free. Sign up, verify your identity, fund your account, and invest. That’s all there is to it and all of this is built upon a very secure platform with a government regulation that helps you sleep at night knowing that your funds are safe.

Coinberry offers recurring cryptocurrency investing which is a new way of investing in the crypto market automatically. All you need to do is to choose which coin you want to buy over time, how often you want to buy, and how much you want to purchase each time. Then the magic happens automatically as you make recurring purchases of your favorite cryptocurrency. This saves a lot of time and it takes away some of the emotions from investing.

Coinberry does not offer a charting interface for active traders.

Payment methods and limits

Currently, Coinberry offers CAD deposits with Bank transfers, Interac e-transfer, Credit Cards, and cryptocurrency. The minimum deposit is $50, the minimum withdrawal limit is $100, and the maximum withdrawal limit is $50.000 for fiat withdrawals. There is no upper limit to cryptocurrency withdrawals.

Things we don’t like

I would love to see more coins on the platform to reach a wider audience and also a live chat to deal with customer issues. A live chat saves a lot of headaches for traders with deposit and withdrawal questions. Also, minor problems that might occur will be solved much faster.

Trading Fees

Products
Maker fee
Taker fee
Cryptocurrency
0.30 %
0.30 %

Products

Cryptocurrency
Cryptocurrency

Trading Platforms

Webtrader
Webtrader
Mobile App Android + Mac
Mobile App Android + Mac

Order Types

MO - Market Order
LO - Limit Order

Devices

Smartphone
Smartphone
Web
Web
Tablet
Tablet
Desktop
Desktop

Special Features

Altcoins
Quick Registration
Instant Deposits
Professional Support
Instant Coin Exchange
Security Of Funds
Fast Account Verification
New Trading Platform
Beginner Friendly
Trading App
2FA Verification
Fast Withdrawals
High Limits
KYC

About the Special Features on Coinberry

One of the key features of this cryptocurrency exchange is the government regulation they have. The FINTRAC registration increases the trustworthiness by a good amount and it tells you that this platform is authentic and real. Along with that, they store most of your digital assets in cold storage wallets far away from any bad actors. The fiat account is a great feature and it is a very good onramp for new investors who are not used to blockchain transactions.

Free cryptocurrency deposits with CAD are a blessing for all Canadian investors who are looking for a cheap cryptocurrency exchange to use. This combined with fast account verification and a very smooth KYC process makes it a top-level platform to use. 2fa verification is of course an option to safeguard your account against immediate threats. If you are into app trading, Coinberry offers a great crypto trading app for all investors who wants to trade on the go.

Institutional Grade Crypto Protection

Coinberry is backed up by Gemini Trust Company LLC with up to $200 million of coverage. This is a must-have for any cryptocurrency exchange that wants to call itself safe. When trading on Coinberry you can rest assured that you are using a very safe exchange and your funds a fully backed up.

0% CAD Withdrawal and Deposit Fee’s

If you are a Canadian, you are very lucky to have found Coinberry. All your deposits and withdrawals are free when using CAD. This is a major advantage compared to other cryptocurrency exchanges in Canada and we highly recommend that you use this exchange when depositing with CAD.

Coinberry Autopilot

The Coinberry Autopilot is a great tool for anyone looking to simplify their cryptocurrency investments. This tool will help you create recurring cryptocurrency investments and it automates your investing completely. Simply choose how much you want to invest and how often. The rest is taken care of by the Autopilot system and you can spend all this leftover time searching for new cryptocurrency projects to invest in.

Coinberry Crypto Taxes

In Canada, you are taxing cryptocurrency just as any other “currency” and Coinberry has a complete tool for bitcoin and cryptocurrency tax info for Canadians. Use this tool to calculate taxes when buying and holding crypto, selling and trading crypto, loss or gain of cryptocurrency, as well as capital gain vs business income. All of this can be access on the Crypto Taxes Canada page on Coinberry.

Take the easy route and report your taxes to the CRA in Canada with the help of Coinberry!

Funding

Interac e-Transfer
Interac e-Transfer
Bank transfer
Bank transfer
Visa
Visa
Mastercard
Mastercard
Cryptocurrency
Cryptocurrency

Accepted Currencies

CAD ($)

Limits

Max Withdrawal Limits
$50000 daily
Min Withdrawal Limits
$100
Min Deposit Limits
$50

Languages

United Kingdom
English

Restricted Countries

Yemen
Wallis and Futuna Islands
Virgin Islands, U.S.
Virgin Islands, British
Vietnam
Venezuela, Bolivarian Republic of
Vanuatu
Uzbekistan
Uruguay
United States Minor Outlying Islands
United States
United Kingdom
United Arab Emirates
Ukraine
Uganda
Tuvalu
Turks and Caicos Islands
Turkmenistan
Turkey
Tunisia
Trinidad and Tobago
Tokelau
Togo
Thailand
Timor-Leste
Tanzania, United Republic of
Tajikistan
Taiwan, Province of China
Syrian Arab Republic
Switzerland
Sweden
Swaziland
Svalbard and Jan Mayen
Suriname
Sudan
Sri Lanka
Spain
South Sudan
South Africa
Somalia
Solomon Islands
Slovenia
Slovakia
Singapore
Sierra Leone
Seychelles
Serbia
Senegal
Saudi Arabia
Sao Tome and Principe
San Marino
Samoa
Saint Vincent and the Grenadines
Saint Pierre and Miquelon
Saint Lucia
Saint Kitts and Nevis
Peru
Saint Helena, Ascension and Tristan da Cunha
Saint Barthélemy
Rwanda
Russian Federation
Romania
Réunion
Qatar
Puerto Rico
Portugal
Poland
Pitcairn
Philippines
Paraguay
Papua New Guinea
Panama
Palestinian Territory, Occupied
Palau
Pakistan
Oman
Norway
Norfolk Island
Afghanistan
Niue
Nigeria
Niger
Nicaragua
New Zealand
New Caledonia
Netherlands
Nepal
Nauru
Namibia
Myanmar
Mozambique
Morocco
Montserrat
Montenegro
Zimbabwe
Albania
Mongolia
Monaco
Moldova, Republic of
Mexico
Mayotte
Mauritius
Mauritania
Martinique
Marshall Islands
Malta
Mali
Malaysia
Zambia
Malawi
Madagascar
Republic of North Macedonia
Macao
Luxembourg
Lithuania
Liechtenstein
Libya
Liberia
Lesotho
Lebanon
Latvia
Lao People"s Democratic Republic
Kyrgyzstan
Kuwait
Korea, Republic of
Korea, Democratic People"s Republic of
Kiribati
Kenya
Kazakhstan
Jordan
Jersey
Japan
Jamaica
Italy
Israel
Isle of Man
Ireland
Iraq
Iran, Islamic Republic of
Indonesia
India
Iceland
Hungary
Hong Kong
Honduras
Haiti
Guyana
Guinea-Bissau
Guinea
Guernsey
Guatemala
Guam
Guadeloupe
Grenada
Greenland
Greece
Gibraltar
Ghana
Germany
Georgia
Gambia
Gabon
French Southern Territories
French Polynesia
French Guiana
France
Finland
Fiji
Faroe Islands
Federated States of Micronesia
Falkland Islands (Malvinas)
Ethiopia
Estonia
Eritrea
Equatorial Guinea
El Salvador
Egypt
Maldives
Ecuador
Dominican Republic
Dominica
Djibouti
Denmark
Czech Republic
Cyprus
Curacao
Cuba
Croatia
Costa Rica
Cook Islands
Democratic Republic of the Congo
Congo
Comoros
Colombia
Cocos Islands
Christmas Island
China
Chile
Chad
Central African Republic
Cayman Islands
Cape Verde
Cameroon
Cambodia
Burundi
Burkina Faso
Bulgaria
Brunei Darussalam
British Indian Ocean Territory
Brazil
Botswana
Bosnia and Herzegovina
Bonaire
Bolivia
Bhutan
Bermuda
Benin
Belize
Belgium
Belarus
Barbados
Bangladesh
Bahrain
Bahamas
Austria
Azerbaijan
Australia
Aruba
Armenia
Argentina
Antigua and Barbuda
Antarctica
Algeria
Angola
Anguilla
Andorra
American Samoa

Security

Is it safe to use Coinberry?

Yes, Coinberry is considered to be a very safe cryptocurrency exchange with several security layers that are mandatory for any top-level crypto platform.

Is Coinberry a regulated platform?

Yes, this cryptocurrency exchange is regulated by the Canadian government and is a FINTRAC registered business. Current registration ID is: FINTRAC #M18502412.

Support

Contact Form
Contact Form

Frequently asked questions

Read the most frequently asked questions about Coinberry. Find answers without searching the web.

Yes, it is regulated by the Canadian government and they are also partners with Gemini Trust Company LLC™, this gives you digital asset insurance of up to $200 Million.

The withdrawal time usually never takes more than three hours, however, for a larger withdrawal request it can take up to two days.

The minimum deposit amount is $50.

Coinberry offers four different payment options, Interac e-Transfer, Wire transfer, cryptocurrency, and credit cards.

Yes, this is a goto exchange for all Canadians thanks to the zero-fee CAD deposits and the Crypto Tax tool for Canadians.

No, only people living in Canada are allowed to use the platform.