Is Wealthsimple Crypto Legit?

Yes, we can assure you that Wealthsimple Crypto is legit and secure. Gemini Custody is in charge of the coins on this site. The Winklevoss brothers launched this cryptocurrency exchange and custodian, licensed by the New York State Department of Financial Services. Gemini has cold storage insurance of $200 million. Recently, the firm joined with CoinCover to protect coins from theft. Furthermore, Wealthsimple Crypto is available on a time-limited regulatory system via the CSA’s Regulatory Sandbox. However, it is important to note that crypto assets in Canada are not covered by the Canadian Investor Protection Fund (CIPF) or the Canada Deposit Insurance Corporation (CDIC).

Is Wealthsimple Crypto free?

Yes, Wealthsimple Crypto is entirely free. Customers may now purchase all Wealthsimple Crypto for free. However, when you purchase or sell cryptocurrency on the site, you must pay a spread of 1.5-2%. Deposits and withdrawals are free, while the administration fee is 0.5%. There is no minimum investment for Wealthsimple Crypto. However, the amount you invest is entirely up to you, and the minimum investment should not be an issue.

Is Wealthsimple Crypto worth it?

Wealthsimple Crypto gives an effectively available platform to Canadians to trade advanced resources. With zero deposit expenses and almost no delay in deposit, the platform permits clients to fund their accounts with no problem. There are no withdrawal charges for fiat by the same token. While there are no immediate crypto trading pairs, Wealthsimple Crypto offers over 40 coins and tokens for trading. There is a 1.5-2% expense on trades incorporated into the costs, and the site is easy to explore and use.

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Cryptocurrency

Wealthsimple: Comprehensive Review 2022 – Fees, Pros, and Cons

By adminJune 13, 20220

Crypto trading is a great way to play the cryptocurrency markets. It’s easy to get started, and once you have…

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