*Sadly, Coinsquare has discontinued their referral bonus program as of May 13, 2022.

What canadian crypto exchanges have the best referral offers in 2025?

Canada has many capable alternatives to Coinsquare. Here are the ones with the best referral bonuses:

• Bitbuy - $20 cash bonus if you sign up. Details here.
• Coinberry (acquired by Bitbuy) - $20 cash bonus if you sign up. Details here.
• VirgoCX - $20 cash if you sign up and trade. Details here.
• Newton - $25 cash bonus if you sign up. Details here.
• Wealthsimple Crypto - $25 cash bonus after you fund your account. Details here.

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Coinsquare News

May 13, 2022: Coinsquare discontinues their referral bonus program.

February 11, 2021: A digital payments and financial technology company, Mogo, today announced its investment in Coinsquare. Mogo intends to acquire 19.99% ownership of Coinsquare for $56.4 million. The Agreement also includes rights for Mogo to acquire an additional 20% ownership interest in Coinsquare through purchases of shares from current shareholders and the exercise of warrants under certain conditions, for consideration based on a pre-money valuation of Coinsquare ranging from $250-350 million. This strategic investment builds on a multi-year relationship between the two companies. Coinsquare acts as the trading platform for MogoCrypto, a service Mogo launched in 2018 to allow its members an easy and convenient way to buy and sell bitcoin. "We believe strongly in the growing importance of cryptocurrency in the financial wallets of consumers, and deepening our relationship with Coinsquare will enable us to bring enhanced functionality and value into the MogoCrypto product," said David Feller, CEO of Mogo. "We've had a relationship with Coinsquare for nearly three years and built strong familiarity with their team and platform, which we view as the most robust trading platform in Canada for digital assets." Greg Feller, President of Mogo, added: "This major strategic transaction with Coinsquare gives us a significant stake in a highly valuable platform in one of the most exciting and fastest growing sectors of fintech. We believe there are significant opportunities to drive value for both Mogo and Coinsquare by bringing together Mogo's leading digital wallet capabilities and Coinsquare's leading digital trading platform." Jason Theofilos, Board Member of Coinsquare, commented: "We're excited to deepen our relationship with Canada's leading fintech company. By leveraging Mogo's digital wallet capabilities and base of more than one million members, combined with our deep crypto trading capabilities, we see significant opportunities to accelerate the growth of both businesses." Following closing of the Initial Investment, Mogo will be granted a right to appoint one nominee to the Coinsquare board of directors, which may be increased to two nominees under certain conditions. Coinsquare will have a right to appoint one nominee to the Mogo board of directors.

January 11, 2021: Today, Coinsquare announced that it will be offering Interac e-Transfer deposits free of fees forever. On their website they said, "Coinsquare's mission has always been to become a 21st century full-service financial institution. We've been hard at work to make Coinsquare the best experience possible for our clients and today we're one step closer to that goal. We're excited to announce that we're waving goodbye to Interac e-Transfer fees forever! Now you can fund your account with as little as $20 all the way up to $10,000 and pay ZERO funding fees on all Interac e-Transfer deposits."

November 25, 2020: Coinsquare has announced the appointment of Nicholas Thadaney and Wendy Rudd to its board of directors. The appointments follow the confirmation of Stacey Hoisak as Coinsquare's new Chief Executive Officer, and the appointments of Lawrence Truong as Chief Compliance Officer, and Eric Richmond as Chief Operating Officer. The newly appointed directors and executive team bring tremendous experience in Canadian securities regulation, investment dealer operations and regulated marketplaces to Coinsquare. Coinsquare Capital Markets Ltd. (CCML) has also submitted a dealer membership application to the Investment Industry Regulatory Organization of Canada (IIROC) and an application to the Ontario Securities Commission (OSC) to operate Canada's first regulated marketplace for digital assets. The proposed marketplace will provide automated trading systems bringing together institutional and retail orders from buyers and sellers of digital assets deemed securities under the Ontario Securities Act. "The outstanding leaders who have joined our executive team and Board will play an important role in informing and executing our mandate to deliver full transparency and compliance in all aspects of our operations," said Stacey Hoisak, CEO of Coinsquare. "The measures we have taken are in strict adherence to regulatory requirements and demonstrate Coinsquare's strengthened commitment to our clients, employees, shareholders, and the digital asset community. Our goal is to create a customer-centric safe place for Canadians to trade digital assets."

March 8, 2020: Coinsquare has announced: "In honour of International Women's Day, Coinsquare will be donating 50% of all trading fee revenue generated between March 9th - March 15 to the Canadian Women's Foundation. We support their mission of empowering women and girls to move themselves out of violence and poverty, into confidence and leadership."

January 28, 2020: Today, Coinsquare CEO Cole Diamond was awarded Technopreneur of the Year for 2019 at the CanadianSME National Business Awards. These awards recognize and put the spotlight on the contributions of business people within Canada's economy.

November 6, 2019: Coinsquare has now enabled live chat on their website. I've always appreciated when companies have this function on their site as it allows prompt answers to questions that are simple. In a tweet, Coinsquare said: "We are thrilled to announce the launch of our live chat feature on http://coinsquare.com and our support site. Users will have the ability to directly speak to a Client Success Representative between 10 am - 5 pm. We are here to help improve your experience on our platform!"

August 15, 2019: CEO Cole Diamond talks on regulations for the industry and Bitcoin SV. See their Youtube channel.

August 13, 2019: Coinsquare and Flexa have teamed up to bring Flexa's SPEDN wallet and the in-store cryto payment option to Canada. Coinsquare commented that "One of the biggest hurdles in mass adoption for crypto is finding a way to let users spend it. We are excited to bring Flexa's solution for this problem to Canada."

August 8, 2019: Coinsquare published an article on their approach to security and regulations, touching on cold storage, accounting checks, relationships with banks and regulators. Read it here.

July 15, 2019: Coinsquare announced they are the official Title Sponsor for the Blockchain Futurist Conference in Toronto this coming August. It's the largest blockchain event in Canada with booths, over 100 speakers and more than 2,300 attendees from around the globe gathered to discuss the future of blockchain technologies.

July 3, 2019: Coinsquare has made a investment in Just Cash, a software provider of code that envisions enabling ATMs around the globe to process cryptocurrency transactions via debit cards without any modification other than a routine software upgrade. "Right now, there is a lack of mainstream cryptocurrency adoption because most people are intimidated by the process to acquire it," says Cole Diamond, CEO of Coinsquare. "By using the millions of existing ATMs around the world, we can now bridge the gap and give new users the easiest and most familiar experience to purchase cryptocurrency. Bitcoin is new and unfamiliar to many, but ATMs are not. By tapping into the existing global ATM network, cryptocurrency can finally reach the masses. We are bringing that familiar and trusted process into the cryptocurrency world, and vice versa, for the first time."

May 29, 2019: Bitcoin price is up over 60% in the month to today.

April 25, 2019: Stellar XLM (Stellar Lumens) has been added to the coin offerings. This coin is from the global payment system Stellar which is known for enabling the transfer of funds instantly around the globe.

April 4, 2019: Coinsquare announces the launch of eCAD^TM which is going to be the first stablecoin pegged to the Canadian dollar. Says Cole Diamond, CEO of Coinsquare, "The launch of eCAD^TM will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of instability in the traditional cryptocurrency market."

August 22, 2018: Coinsquare is offering fee-free account funding using e-transfers for verified account holders for a for a limited time! Check out the detailed here.

August 1, 2018: XRP is now live in beta mode on Coinsquare's platform. While in this beta phase, you can fund your account with XRP, buy XRP with fiat or cryptocurrency and trade XRP for fiat or other cryptocurrencies, but cannot directly withdraw XRP. In order to withdraw that value, you have to exchange it to BTC, ETH, or fiat first, then withdraw.

June 25, 2018: Coinsquare has released an important alert: "An organization has been pretending to be a Coinsquare research affiliate, asking for personal information in exchange for a PayPal payment to your Coinsquare account. This is a phishing scam. If you have any concerns, please email support@coinsquare.io"

June 19, 2018: Continuing on their thread of new account offerings as of late, Coinsquare has now announced support for Corporate accounts which seem to intertwine with the new "Wealth" service. They say, "Invest on behalf of your business and take advantage of corporate taxation rates with Coinsquare Wealth. Enjoy perks and benefits of a Wealth customer for free. Opening a corporate account is quick and easy. Take advantage of faster funding and withdrawal options. You can now fund your Coinsquare corporate account with USD as well."

June 13, 2018: Coinsquare has launched a new "Wealth" service promoting it as a "premium service for Canadian investors who are serious about digital currency." They say the service offers dedicated account management, lower wire fees, faster funding/withdrawals, live access to the OTC trading desk, and access to exclusive events.

May 31, 2018: Coinsquare has released a new video explaining why you shouldn't be frustrated if you can't afford to buy an entire bitcoin. See their Youtube channel.

May 3, 2018: Coinsquare's Advanced Trade function was somewhat unclear previously. They have now made some changes to make it more intuitive to use: "We've heard your feedback, and we've made the first of many upcoming improvements to the Advanced Trade feature on our Web platform. The most important change is that Buy and Sell orders will now be executed relative to the first currency of a pair. For example, if you select the BTC/CAD pairing - BTC (Bitcoin) will be the currency you are either buying or selling using funds from the second currency in the pair. So now when you select BUY, you are buying Bitcoin with Canadian dollars. When you select SELL you are selling Bitcoin into Canadian dollars. The best part is you no longer need to do a math equation to figure out the amount you are setting your orders for. All of the customers we asked, feel this is more intuitive and we hope you agree," says Coinsquare.

May 1, 2018: Coinsquare has added a trio of new video commercials to its latest advertising push. These ones are shorter 15-second clips following along the same theme as the initial one from early April. See their Youtube channel.

April 11, 2018: Coinsquare has released a video advertisement. Update: it seems to be getting a fair amount of air time. I 've seen it regularly during hockey playoff games. See their Youtube channel.

April 9, 2018: It seems that Coinsquare has rebranded their website just recently. As a result, the colours shown in some of my screen captures of the account opening process may not be accurate, however I believe that the process itself remains unchanged. Also, they have increased the funding amount required for the $20 referral code offer from $60 to $100.