Quadriga Coin Exchange claims to be offering the easiest way of trading in Bitcoins and in this review we shall try to drill deeper to find out what this Bitcoin trading platform has to offer. Quadriga is a popular Bitcoin trading service that offers its platform for fees ranging between 0.2% and 0.5%. The company has its office in Vancouver, Canada and has been operational since 2014. With respect to the 24 hour trading volume, QuadrigaCX is among the top 30 exchanges and the most popular pair has always been the ETH/CAD, which accounts for around 60% of the trades.
Funding and Withdrawal in the same day: Using the INTERAC online, the users are able to fund their accounts instantly. Even the e-transfer funds reflect in the trader’s account within twenty four hours. Traders can even withdraw the funds using the express bank transfer and they can also withdraw or deposit using money orders, bank wires, drafts and other methods.
Some of the cryptocurrency pairs offered for trading by QuadrigaCX include CAD/ETH, XBT/ETH, USD/XBT, and CAD/XBT. Based on the 30 day transaction volume, QuadrigaCX offers fees between 0.2% and 0.5% to its traders.
The company uses an encrypted cold storage to store the funds and users are able to use two-tier authentication for protecting their accounts. Using Cloudflare, collaborative security is also offered by QuadrigaCX.
Liquidity and Volume
QuadrigaCX provides strong liquidity for the popular pairs CAD/ETH and CAD/XBT, which comprises the 80% of the company. The other popular pairs include the USD/XBT and XBT/ETH; traders often prefer to trade using these pairs. However, the general trend among the traders is to go with low liquidity.
Fees for the company are not very clear as no page exists on the fees or any other associated costs charged by the platform. However, the company mentions something about the fees in the FAQ page, which is more about the fee on trades.
- QuadrigaCX is one of the top exchanges in Canada that offers a trading platform for Ethereum and Bitcoin
- Options for local deposit as well as merchant solution
- It’s a decent platform with low fees and good wallet security offered by bitgo
- It often turns slower during the verification process
QuadrigaCX Affiliate Program
QuadrigaCX offers one of the most comprehensive affiliate programs for the affiliate marketers where it offers them a good opportunity to earn Bitcoins by referring more customers. 10% of referral fee is immediately credited to the affiliate partner’s account on every successful trading.
Quadriga Affiliate Review
If you are from Canada, this is one of if not the best exchange to join. Just be patient as their verification process can take weeks.