Cryptocurrency
If we could all agree on one thing, this is it: the world of decentralized finance, mostly known as DeFi, and all the vocabulary associated with it can be confusing. Whether you love it or hate it, it doesn’t stop everyone from talking about cryptocurrency exchanges, Web3, non-fungible tokens (NFTs), crypto wallets, and all other […]
Financial technology is redefining what financial freedom means for The Great White North. Crypto companies like Bitvo, have become some of the most influential players in this space. They’re advocating for the kind of meaningful change that actually puts power and wealth back in the hands of everyday people. But in true Canadian fashion, they’re […]
Are cryptocurrencies taxed in Canada? What if you buy them on a Canadian crypto exchange? What if you keep them in a wallet? Does the Canada Revenue Agency (CRA) consider cryptocurrencies as legal tender? Why are Canadians asking so many questions about cryptocurrencies and taxes? It’s because crypto traders have to pay taxes on their […]
Canadians who have started to invest in cryptocurrency for the first time may be in for a shock when tax time rolls around. Many believe that they can invest in crypto without having to pay taxes, but that isn’t the case in Canada. Canadians are expected to pay taxes when it comes to their crypto […]
Buying an NFT can be a fun and enjoyable process if you like collecting non-fungible tokens as a form of ownership. The process can be daunting for first time users, as you will need to find an NFT marketplace that works for you. Today we will look at how to buy some Ethereum, as this […]
How do investors spell smart? SMRT. CoinSmart* Canada hit the Neo Stock Exchange in November, 2021 trading under the ticker symbol SMRT. CoinSmart Canada recently joined the ranks of an exclusive club of cryptocurrency exchange platforms to become a fully regulated and registered digital asset dealer. The move punctuates the crypto market’s evolution from obscurity […]
Is there a such thing as crypto technical analysis? For this Canadian crypto-trader, there absolutely is. In the stock market, the conventional wisdom says slow and steady wins the race. Then the cryptocurrency market exploded in 2021 and flipped traditional wisdom on its head. Millionaires were minted overnight. To onlookers, it appeared as though printing […]
Getting started with NFTs, aka non-fungible tokens, both buying, selling, and creating, can be a challenge for even the most advanced internet gurus, so we have created the Ultimate Guide to Opensea for Canadians. In this article, we will look at Opensea as an NFT marketplace, how to navigate it, how to choose a wallet, […]
Bitbuy Technologies Inc. and NBA superstar Kyle Lowry announced their partnership in a cheeky commercial scheduled to air during North America’s favourite face-off; the Super Bowl. In a marketing alley-oop, Canada’s own NBA wunderkind-turned-Miami-Heat-point-guard has signed on as the official brand ambassador to Canada’s first fully-regulated cryptocurrency exchange platform. But that’s just one slamdunk in a series […]
Their name is on the Los Angeles Arena, home of the Los Angeles Lakers. That is power. So who is Crypto.com? Crypto.com is an all-inclusive crypto trading platform that is different from all the other cryptocurrency exchanges. You could almost call Crypto.com a cryptocurrency bank, as not only can you buy and sell tokens on […]
A feeding frenzy seems to surround a lot of online industries these days, and a lot of it seems to be very confusing for many people. Why would Justin Bieber spend millions on a non-fungible token (NFT) art of Bored Ape? If he does it, should all of us? It is a feeding frenzy in […]
Historically speaking, cryptocurrency platforms have been noticeably unhappy with the very idea of regulation. They wanted to make their own rules to the extent possible and they recoiled in terror anytime a Canadian governmental body or other oversight agency even suggested making rules about cryptocurrency transactions. For a long time, that is just the way […]