The new mobile app aims to improve the onboarding, digital asset purchasing, selling, and trading process while offering clients quick access to widely-used digital currencies available in the market.
To coincide with the app’s official launch, CoinSmart has reportedly listed Dogecoin (DOGE) and Polkadot (DOT) as well as Shiba Inu (SHIB), Chainlink (LINK), and Uniswap (UNI), providing traders an increased choice of digital assets along with CoinSmart’s Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Cardano (ADA), EOS, Stellar Lumens (XLM), XRP, Bitcoin Cash (BCH), and USDC offering.
New clients are now able to create and verify an account or log-in directly via one of the most user-friendly apps currently offered by any Canadian cryptocurrency trading platform, the announcement noted.
As mentioned in a release
“Unlike other Canadian apps that require certain coins to be converted to fiat prior to withdrawal, the CoinSmart app uniquely offers traders the option to both on-ramp and off-ramp their entire portfolio of coins to and from their private wallet.”
The update also noted that the CoinSmart app provides the SmartTrade feature, enabling clients to easily swap between any two crypto-assets without having to trade with Bitcoin, Ethereum, or a stablecoin first. This should help with enhancing the trading process even further and gives clients more flexibility with their trading decisions — “making the entire process easier and enabling immediate trading with just a few clicks,” the company claims.
Other options/features include:
- Multiple funding methods and FIAT currencies
- CAD, USD, EUR
- Onboarding and offboarding through Interac, Bank wire/SWIFT, UK Faster payments or SEPA
- Account funding with as little as CAD $100 or €50
- Instant account creation and fast Know Your Customer (KYC) verification, giving users the ability to trade within minutes
- Same day access to fiat deposits
- 24/7 omni-channel customer support
- Institutional grade account security and cold wallet coin storage
- Mandatory 2FA on all user accounts
- PIN security requirements
- Email verification
Justin Hartzman, co-founder and CEO of CoinSmart, stated:
“Our priority is to provide Canadians with easier accessibility to a diversified range of popular digital asset classes. By providing our new mobile trading app alongside our user-friendly platform, we have opened up the potential for both our Canadian and international clients to quickly gain access to a growing range of crypto assets in a highly secure and compliant environment and providing them the ability to on and off ramp our full selection of coins.”
The new CoinSmart trading app is currently available for download for iOS via the Apple App Store and on Android at Google Play.
To learn more, please check here.