CENTERALIZED EXCHANGE

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VirgoCX is a Canadian cryptocurrency trading platform that allows users to buy and sell over 75 cryptocurrencies. It offers features like instant account funding, automatic purchases, and trading strategies like grid trading and dollar-cost averaging (DCA). The platform also has a rewards program that can reduce trading fees.

Pros
  • Set up recurring buys to acquire crypto gradually (dollar-cost averaging) and automate purchases at specific prices (grid feature).
  • Quickly add funds to your account using Interac e-transfer.
  • Get lower trading fees with the tiered rewards program.
  • Registered with the OSC for added peace of mind.

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    Cons
    • Trading spreads can reach 2.5%
    • $3,000 limit for transferring out via e-transfer, debit or credit

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