CoinSmart is a regulated and apparently stable cryptocurrency exchange based in Canada, after conducting our review of CoinSmart, we found it to be a legit exchange. That being said, it is important to keep in mind that the crypto market is still in its infancy, and is extremely volatile, new regulations can come along that ban CoinSmart's services from your local area, or the company may face difficulties, therefore, it is important that you never keep too much money in centralized exchanges, and never invest more than you can afford to lose.