Looking for a secure Canadian exchange that trades all majour coins with Canadian bank connections. Googled it.
I did a spreadsheet today of QuadrigaCX.com and Coinsquare.io confusing Canadian fees including RBC bank fees for the transfers of different types. Which way is cheapest? Want to see it?
Looks like QuadrigaCX is best for large amounts ($1000) , and coinsquare.io best for small ($100), so far as Quadriga has dropped E-transfer for the moment. Don't know about the security and liquidity of second place Coinsquare.io (Inc. July 2014) in the future relative to the more established and secure traded institution of QuadrigaCX.com.(Dec 2013). Funny how a bootstrap like Coinsquare can pull off E-trans and big players like QuadrigaCX somehow drops the ball, despite public funding options. I'm almost getting over Coinsquare's unfriendly GUI for the fellow Toronto entrepreneur Virgile Rostand, one man band.
Fee Update No1 on QadrigaCX vs Coinsquare.io.
Got to fundng the new account today, and it seems Coinsquare has a $30.00 fixed funding amount. 30 bucks!
This must be a typo. They must mean $300.
The only resonable option was a thing called Flexepin online, that had a 6 dollar fee on 200 bucks. 3%, that's nuts. But still, either way, this Coinsquare.io is crazy now, in one day. I was so sold on the e-transfer, and now they reneg.
How hard is it to give people money? Come-on!
Went with QuadrigaCX.com and choose their Interac payment that went great, even with the 24 hour wait. I just wanted to test drive with a few hundered for fees and operability before I commit real money.
It was spooky how easily they login in to my bank account though. Paswords all filled in, you bastards.
1% is GOLDEN
Friends, everyone in the trading world knows that every point, or percent off the investment process is golden. Thats 1% of post tax hard earned dollars were talking here, and in crappy fiat currency, deflating as we speak. You just don't lay on over 2% fees of any kind without some serious scrutiny.
Volatile trading may blow out your money, so getting wacked with fees for the privalege of losing your money will make a normal stock etf index fund trader go back to his RBC Royal direct no fee account, and say bye see ya to all this steemy crypto fake fun.
Anyway, rage over, I'm still checking it out. Hedging the system is still good, even with another system. Update of the fee chart here. The download and save works great to see it, or just zoom in.
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Old News - QuadrigaCX is history, and many were ripped. Moral: Keep off the exchanges.
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