CoinExchangeCanada

I recently looked into https://coinexchangecanada.ca/ and I have mixed feelings. On the positive side, the idea of a quick crypto‑swap service positioning itself as “no KYC” and offering a simple process is very appealing, especially for users who value privacy and minimal onboarding. The website claims low fees, fast transactions and a user‑friendly interface. However, what concerns me is the lack of transparency around licensing, who is actually operating the platform (it says the company is registered in Seychelles), and how they handle third‑party providers. Terms of use clearly state that the site does not hold custody of funds and that transactions are executed by independent providers — in other words, this platform is more intermediary than true exchange. Also, while there is some positive user feedback, only one verified review on Trustpilot shows a small sample size. If you’re going to use it, I’d start with a small amount first, be very aware you’re taking extra risk compared to a well‑known regulated exchange, and make sure you fully understand the service’s structure and limits.