Before trading on a crypto exchange you must provide identity documents so Coinberry, canlink a wallet on the blockchain with someone’s identity. Some people have written reviews of Coinberry stating that their accounts have been blocked. Many customers express satisfaction with Coinberry’s services, often highlighting the professionalism and helpfulness of the support team in addressing their needs. Customer feedback is mixed—while some users praise the support team’s responsiveness, others report unresolved issues. The Coinberry platform is well-suited for beginners, thanks to its simple and modern layout that provides a pleasant trading experience.
These users appreciate the multiple security checkpoints in place and the user-friendly interface that Coinberry offers. Cryptocurrency trading has become increasingly popular in recent years, with platforms like Coinberry entering the market to cater to this growing demand. Cryptocurrency will be one of the main medium exchanges in the future. This ensures we understand your priorities and can recommend the best crypto exchange for your needs.
Excellent customer service hero
I tested the account, after viewing their terms and conditions and trying to find anything else that may trip me up (as I don’t use a mobile phone), by depositing $5 into it. At the time they were based in Davenport Road, Toronto. A few years ago I opened an account online with this cowboy outfit. Careful with this platform.
They have praised the platform for its great customer service, robust security measures, and ease of use. Legitimate exchange representatives, like support staff, will never contact you first or ask you to send money or crypto. Any crypto exchange has the ability to freeze your account if they suspect suspicious behaviour coinberry review such as trading larger amounts, or more frequently, than usual.
Negative reviews were detected for this website A risk/high return financial services are offered Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Find out how we combat fake reviews.
- At the time they were based in Davenport Road, Toronto.
- While negative experiences exist, it is essential to acknowledge the areas where Coinberry shines and continues to earn the trust and satisfaction of its users in the competitive cryptocurrency market.
- This website offers payment methods which offer a \»money back services\»
- However, scammers sometimes buy existing websites and start doing their evil thing, so please make sure you check for other scammy attributes as well.
Company details
- Our team сonstantly checks news & changes in the crypto world for Canadians.
- There are many Canadian crypto exchanges to choose from.
- However, its Android app fares worse, with a 3.1-star rating from 1,000 reviews.
- They know how to take your money but they refuse your withdrawal request.Don’t burn your hard earned money!
This platform is used by many scammer… They are slow to respond and don’t provide any account information when requested. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews.
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I still haven’t gotten any money.Update. This does not feel right to me but I was told it is «the rules of the crypto currency market». I have applied to withdraw funds only to be told that I had tax to pay the tax, alleged to be due, upfront before I could withdraw any funds. They are criminally minded people and you will most likely have your monies stolen at some point via all sorts of ways. Sometime last year I decided to get this sorted out once and for all and when trying to log in I discovered that they had been ‘taken over’ by BitBuy. So I never went into my account for a number of years and got on with Life.
Coinberry Currencies & Deposit methods
Remember to exercise caution, follow security best practices, and reach out to customer support if you encounter any issues while using Coinberry or any other cryptocurrency platform. When looking at the comments and reviews regarding the cryptocurrency platform Coinberry, it is evident that there is a mix of positive and negative experiences shared by users. Overall, the positive comments and reviews about Coinberry highlight the platforms dedication to customer service, security, ease of use, reliability, and ongoing improvement. Reports of sudden login issues following platform updates, difficulty in accessing assets, and demands for large sums of money for account verification have left some customers feeling disillusioned. After some time, centralized exchanges started charging crazy fees to their users.
These scams are often so convincing because they replicate the exact logos, branding, and layouts of legitimate exchanges, making it easy to fall for them. Coinberry and any crypto exchange can track where you have received and sent crypto since crypto trades are recorded on the blockchain and are public. During this time you will be unable to use your account. As with a lot of exchanges, reasoning is mostly unknown, but usually it is due to suspicious activity or the user has not provided sufficient verification documents. In our experience, we submitted a support ticket and received a helpful response within minutes, demonstrating the potential for reliable assistance. Coinberry provides 24/7 customer support, accessible through online messaging or email.
Is Coinberry considered a safe platform for cryptocurrency transactions based on user reviews?
Anyway, if you want to venture into crypto currencies, avoid this company like the plague. So I contacted customer service by email and that went back to Coinberry. I was deeply disappointed on here, my experience was fraught with issues not resolved. They have Great customer service.
We earn commissions through referral links to crypto exchanges and products on this site. The company seems to support payment methods that offer a «money-back guarantee» such as Alipay, Mastercard, Paypal, and Visa. The company seems to support payment methods that offer a \»money-back guarantee\» such as Alipay, Mastercard, Paypal, and Visa. This website, which appears to provide banking, money lending, stock trading, and other financial services, is hosted on a shared server. Please invest time to research this company further before investing your money. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Technical Issues and Fund Security
In 2023, Coinberry was acquired by Bitbuy, making the two platforms essentially the same. By using our referral link to sign up and depositing $250 in your account, you can receive a bonus of $50. However, this does not impact our reviews or ratings. All of our content is written by Canadian crypto experts, not robots.
Claims of lost funds, unauthorized transactions, demands for unexplained deposits, and suspicious account activities have fueled distrust and caution among individuals interacting with the platform. One recurring issue highlighted in negative reviews is the perception of inadequate security measures and lack of trustworthiness on the platform. Over the years, Coinberry has garnered mixed reviews from users, showcasing both positive and negative experiences. The positive experiences shared indicate that Coinberrys support staff goes the extra mile to ensure users questions are answered and problems are addressed promptly. Users, especially those new to cryptocurrency trading, commend Coinberry for its clear instructions, straightforward processes, and quick transaction speeds.
Terrible company to deal with. Sįmpłebįnåryėåśyb made me have trust in crypto again.the fee interface is easy to use and I never had issue with withdrawals and I buy and sell my crypto with ease. A reliable platform makes a world of difference. Not once did I do any suspicious trading. They now tell me because of previous potential suspicious activity they lowered my credit score to 60 and they won’t release my money until I bring my score up to 100. I finally met all of their financial requirements but they still won’t release my money.
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Either way, their office in Toronto is a shell for compliance and their directors are not accountable, or worse, aware of the scans! I am much more confident now, heading into this new trading adventure thanks to their help. Within a short period of time and a lot of understanding on their part, I was up and running. What I consider exceptional about the support is how patient and knowledgeable they were. I was nervous and frustrated with my inability to log into my account and was ready to give up.
Terrible company to deal with
Very easy to use and the app keeps me informed with my account. I highly suggest looking else where to purchse and move crypto. Don’t expect support to respond after regular business hours; because they won’t. I have contacted their office several times to clarify what I need to supply to make sure this doesn’t happen. They won’t do anything unless I give them the IDs etc, which I did not agree to when I signed up for the account. They are refusing to do the transfer until I provide them with several additional (and not actually legally required) forms of ID.
This means that when you use Coinberry, you’re buying and selling directly with the platform rather than other individuals. The spread serves as a source of profit for the exchange. A spread in trading refers to the difference between the highest price a buyer is willing to pay (bid price) and the lowest price a seller is willing to accept (ask price).
If you are new to the crypto world, we’d recommend checking these best crypto exchanges in Canada. At OCryptoCanada, we like to give people knowledge to become aware and catch up in the cryptocurrency industry. Coinberry rated as a #16 in the list of the best crypto exchanges for Canadians For these reasons, while Coinberry is a solid option, we recommend exploring other Canadian exchanges like Bitbuy or Binance for a better overall experience.