TL;DR: the short answer

BCSC warned on 2023-03-23 that Cryptospair, at Cryptospair.com, presents itself as an online crypto trading platform, accepts BC residents and is not registered in BC to trade in or advise on securities or derivatives.

Scambaba rates Cryptospair critical risk with a risk score of 8.5/10, last verified 2026-10-24.

Key facts

Key risk attributes for Cryptospair
Risk score 8.5 / 10 (Critical Risk)
Status On BCSC Investment Caution List (not registered/recognized in BC)
Category Crypto / Forex Scam
Primary scam vector Unregistered crypto trading platform
Reported domains
  • cryptospair.com
First listed 2026-10-24
Last verified 2026-10-24

Red flags reported for Cryptospair

  • Presents itself as an online cryptocurrency trading platform at Cryptospair.com
  • The BCSC says it is not registered to trade in, or advise on, securities or derivatives in BC
  • Accepts British Columbia residents as clients, per the regulator
  • Appears on the BCSC Investment Caution List (entry dated 2023-03-23)

Detailed threat analysis

What the BCSC says

The British Columbia Securities Commission (BCSC) added Cryptospair to its Investment Caution List on 2023-03-23. The entry says Cryptospair presents itself as an online cryptocurrency trading platform and that the BCSC is aware it accepts British Columbia residents as clients. In the regulator's words, Cryptospair is "not registered to trade in, or advise on, securities or derivatives in BC." The BCSC advises BC residents to be cautious with crypto trading platforms that are not recognized or registered in the province, and refers readers to InvestRight for guidance on investment products and services. The website named in the entry is Cryptospair.com.

What the entry does not say

The notice is short. It gives no company address, no claimed home country, no description of returns and no loss figures, so this page does not speculate on any of those.

Practical guidance

General advice for any trading platform: registration is the baseline check, and it is done before the first deposit, not after a problem. Search the firm by name in the National Registration Search at aboutregistration.ca. If a platform is not listed, ask yourself why it is willing to take Canadian clients anyway. Try a small withdrawal test only if you have already deposited, and never to "unlock" bigger returns. Do not accept remote-access requests that let someone operate your device, and keep your wallet recovery phrase to yourself.

What to do if you dealt with Cryptospair

  1. 01Search the firm at aboutregistration.ca before any deposit.
  2. 02Never share your wallet recovery phrase or allow remote access to your computer or phone.
  3. 03If you deposited, contact your bank or exchange about the transfer and report to the BCSC and the Canadian Anti-Fraud Centre (1-888-495-8501).
  4. 04Keep the transaction hashes, wallet addresses and chat logs as evidence.
  5. 05Be cautious of anyone who contacts you offering to recover lost crypto for a fee.

Frequently asked questions

Is Cryptospair registered in British Columbia?

According to the BCSC's 2023-03-23 entry, no. It states Cryptospair is not registered to trade in, or advise on, securities or derivatives in BC.

What does the BCSC say Cryptospair does?

It says Cryptospair presents itself as an online cryptocurrency trading platform and accepts BC residents as clients.

Where can I learn more about checking platforms?

The BCSC points readers to InvestRight (investright.org) for information on investment products and services.

Sources

  1. Cryptospair - Investment Caution List, BC Securities Commission, 2023-03-23

This report reflects publicly available information and reported patterns as of 2026-10-24. It is an opinion, not a legal determination. Spot an error or represent this entity? See our editorial and corrections policy.