Happy Canada Day!

Canada doesn’t look a day over 100! In celebration of Canada Day tomorrow, Coinsquare will be offering all our users free Interac e-Transfer deposits. đź™Źđź™Ś. Hurry, offer is valid only on July 1st & 2nd*. But wait, there’s more! Here’s some changes we made to our platform that we’re sure you’ll love: 💸 Start trading and cashing out for less! The minimums for Interac e-Transfer funding and Direct Bank Deposit withdrawals have been lowered from $100 CAD to $20 CAD.  ⚡ Transfer your funds quicker! The withholding period for Interac e-Transfers has been reduced from three days to just one day. For more information on withholding, see this article. 💪 Move

Coinsquare CEO Response To Data Breach

As the CEO of Coinsquare, I would like to provide you with a formal response to the recent news about a data breach of personal information contained within approximately 5,000 records of customer relationship management (CRM) data. Our goal is to be as transparent as possible and echo the communications sent to our customers, and address questions raised on social media, customer support inquiries, and beyond. We have done our best to provide as much information as possible across the following topics: Data Breach Backstory The VICE Article Coinsquare’s Retrospective The Facts of Those Impacted Coinsquare Does Not Offer SMS

How to Increase Your Coinsquare Account Security (Updated 2020)

Coinsquare takes client security very seriously, and we value client awareness and participation in our security features.  Despite the numerous behind-the-scenes security protocols Coinsquare has in place, there are some additional security measures our clients can take to protect their accounts. The two most advised security features Coinsquare recommends implementing are two-factor authentication (2FA), and a complex password generator.  There are additional security measures clients can take, like ensuring their emails are secure, or educating themselves on the risks of phishing, but 2FA is the most beneficial extra layer of protection for your Coinsquare account. What is 2FA? If you

Giving back in support of our frontline heroes!

We are all facing unprecedented times.  You’ve likely heard that statement before, but it best summarizes how we are all doing our best to work through this global crisis. One thing that has stood out in these past months is the sense of community, compassion and humility that has been displayed by so many people around the world.  Community is important, period.  For Coinsquare, it’s crucial that we continue to participate and help the community in whichever way we can.  One of the ways we can continue to help, is through ensuring Personal Protective Equipment (PPE) is accessible to frontline

What Is The Bitcoin Halving?

The Bitcoin (BTC) halving (also known as “the halvening”) is an event that occurs roughly every four years. It’s the scheduled halving of the reward miners receive for verifying blocks of transactions on behalf of the BTC network. These “block rewards” act as a mechanism to increase the supply of Bitcoin gradually. On average, one block is “mined” every 10 minutes. Here’s a quick refresher on how Bitcoin gets mined. Traditional fiat currencies, such as the dollar, are centrally-controlled, meaning banks such as the Bank of Canada can control inflation by printing cash at their will. In contrast, the creator

Coinsquare Celebrates International Women’s Day

At Coinsquare, we believe in equality, diversity and inclusivity. In honor of International Women’s Day, we decided to donate 50% of all trading fee revenue generated between March 9th and March 15th to the Canadian Women’s Foundation. Generosity comes in multiple forms, and this quarter we decided to give back to a foundation that we truly believe is impacting the lives of women and girls in Canada. The Canadian Women’s Foundation (CWF) addresses four main issues: gender-based violence, economic security, girl’s empowerment, and inclusive leadership. The CWF’s mission is to be a catalyst for the most innovative programs, policies, and

Coinsquare Planning for COVID-19

In light of the current  COVID-19 outbreak, we would like to offer some transparency in how we will be protecting our employees and clients while continuing to maintain operations.  Coinsquare is monitoring the situation closely and gathering information from primary sources (including the World Health Organization, and Centers for Disease Control and Prevention). We have taken internal proactive measures to ensure the wellness and safety of our team and we will continue to assess the situation and adapt our plan accordingly. The health and safety of our employees and customers is of utmost importance to us. Coinsquare’s disaster and recovery

Coinsquare Engaging with Canadian Regulators

Coinsquare is engaging with Canadian regulators to establish industry standards for online platforms that offer trading in cryptoassets and related financial services. On March 10, 2020, together with four other Canadian-based platforms, we responded to Canadian Securities Administrators’ (CSA) Staff Notice 21-327 Guidance on the Application of Securities Legislation to Entities Facilitating the Trading of Crypto Assets. The Staff Notice sets out the position of CSA staff that a platform that does not immediately deliver cryptoassets purchased on the platform to its customers is likely dealing in securities or derivatives. In our view, this interpretation represents a significant departure from

The Fastest Way to Buy Bitcoin

“Mass adoption of cryptocurrency is closer than you think. By using the millions of existing ATMs around the world we can now give users an easy, fast and familiar experience to purchase cryptocurrency.”  – Todd Lawrence, Chief Visionary Officer for CNI What is Coinsquare Networks Inc. (CNI)? Coinsquare Networks Inc. (CNI) is an innovative FinTech company whose software allows users to buy bitcoin from traditional ATM machines via their debit card. Thus, providing users with the fastest way to buy bitcoin. Learn more about CNI here. “Right now, there is a lack of mainstream cryptocurrency adoption because most people are

How to Increase Your Coinsquare Account Security

Coinsquare takes client security very seriously, and we value client awareness and participation in our security features.  Despite the numerous behind-the-scenes security protocols Coinsquare has in place, there are some additional security measures our clients can take to protect their accounts. The two most advised security features Coinsquare recommends implementing are two-factor authentication (2FA), and a complex password generator.  There are additional security measures clients can take, like ensuring their emails are secure, or educating themselves on the risks of phishing, but 2FA is the most beneficial extra layer of protection for your Coinsquare account. What is 2FA? If you