Coinsmart, a Canadian startup, has launched a new cryptocurrency exchange for investors in the country. The platform is aimed at the Crypto Curious market, which means people who are just entering the market. It does this by offering an easy-to-use interface, educational resources, and 24/7 live support. Coinsmart will also offer a tax reporting tool to help clients determine their taxable income and capital gains.
As a longtime cryptocurrency investor, I can personally speak to how Canadians are underserved by existing exchanges. The platforms are unnecessarily complex and do not provide the tools and customer support that consumers deserve. Coinsmart fixes all these problems, allowing any investor to feel comfortable and secure.
said the company's CEO.
As of launch day, Coinsmart will offer BTC, ETH, BCH, LTC, DASH, XMR and EOS. The exchange also provides the ability to switch from one cryptocurrency to another, while Coinsmart handles this on an internal server.