Get up to $10,000 when you choose Coinsquare!

Move your crypto to Canada’s first IIROC-regulated cryptocurrency marketplace and be rewarded. Make a transfer of $1,000 or more by June 18 and get paid – everyone’s a winner! Why choose Coinsquare? Want to get started? Here’s how Frequently asked questions How do I enter? To participate in the Spring Special you must:  How much is the bonus? What if I transfer more than 1,000 CAD? The bonus amounts are determined as follows:  Transfer or Deposit Value (CAD) Bonus (CAD) $1,000 – $2,999.99 $30 $3,000 – $9,999.99 $75 $10,000 – $49,999.99 $200 $50,000 – $299,999.99 $750 $300,000 – $999,999.99 $5,000

The World’s Most Expensive Pizza

On May 22nd, 2010, a programmer named Laszlo Hanyecz made history by completing the first-ever real-world transaction using Bitcoin. He purchased two Papa John’s pizzas for 10,000 BTC, marking the beginning of the use of cryptocurrency for real-world items. Today, Bitcoin Pizza Day is celebrated by cryptocurrency enthusiasts to commemorate this significant event in the history of Bitcoin. The Birth of Bitcoin Pizza Day Bitcoin was first launched in 2009. However, at the time, it was not widely accepted as a medium of exchange, and its value was negligible. It was mainly used for experimentation and testing by a small

Market Commentary – May 4th, 2023

Crypto At the time of writing, Bitcoin is trading at $28,900 USD and Ethereum at $1,885 USD. Crypto prices started the week on a strong uptrend after yet another US commercial bank – the First Republic Bank –  was rumored to be facing an existential crisis. This pushed the price of BTC back to $30,000 again before a sudden and quick selloff. This time around, however, there was at least a notable reason for the selloff. A whale movement tracker notified several of its hedge fund subscribers that the wallets of the US Government which held around 205,514 BTC and

Stocks VS Crypto: What’s the Difference?

Stocks and cryptocurrency are both popular investment options, but they operate in very different ways. Engaging with stock exchanges is a traditional investment option, while crypto is a relatively new development that has only been around for just over a decade. So, what’s the difference? What makes each unique? What’s perfect for your investment portfolio? Ownership One of the most significant differences between the stock market and crypto is how ownership is defined. When you purchase stock in a company, you are buying a share of that company, which gives you a stake in its future profits and losses. The

WonderFi, Coinsquare and CoinSmart to Combine to Create Canada’s Largest Regulated Crypto Asset Trading Platform with 1.65 Million Registered Users

We’re happy to tell our users that today Coinsquare, Wonderfi, and Coinsmart signed a definitive agreement to combine. By bringing together our three businesses, we will strengthen our position as Canada’s largest regulated trading company for crypto assets.

Market Commentary – March 27th, 2023

At the time of writing, Bitcoin is trading at $26,900 USD and Ethereum at $1,711 USD. The crypto market was range bound last week with the price of BTC not able to touch the $30,000 barrier. BTC tried twice to breach $29,000, only to be met by huge selling pressure which took its price back lower to around $27,000. Throughout the week, BTC danced between $27,000 and $28,800 a number of times without much conviction. With BTC locked in a directionless consolidation, altcoins too suffered the same fate as prices merely drifted up and down without a clear direction over the course of the week.

Market Commentary – March 9th, 2023

At the time of writing, Bitcoin is trading at $21,710 USD and Ethereum at $1,538 USD. According to Glassdone, Bitcoin prices have been rejected from a series of psychological on-chain levels, related both to investors from the 2021-22 cycle and also for the whale cohort of investors. Profit-taking and capital flows have started to take place, although they remain low by historical standards.

Everything You Need to Know About Crypto Taxes in Canada for 2023

The tax season is here and the Canada Revenue Agency (CRA) considers four activities taxable events in the cryptocurrency world: selling or gifting your crypto, trading or exchanging one crypto for another, converting crypto to CAD and using crypto to purchase goods or services. Brush up on the rules and regulations of crypto taxes in Canada with our comprehensive guide.