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
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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
Coinsquare Obtains Controlling Investment Position in Just Cash
Coinsquare, Canada’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, announced today that it has taken a controlling investment position in Just Cash, a leading and innovative software provider in the fintech space. Just Cash’s revolutionary software enables any ATM to sell cryptocurrency (such as Bitcoin) to customers for the first time. The software allows customers to purchase cryptocurrency through the traditional ATM process without disrupting the ATM network. This first-of-its-kind transaction is accomplished by a routine software update to the ATM. There are no requirements for new hardware, additional capital investments by the ATM operator, or
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Coinsquare Announces the Pre-Launch of eCAD™, Canada’s First Fiat-Backed Stablecoin
Coinsquare, Canada’s premier cryptocurrency trading platform, will be launching eCAD™, the first stablecoin pegged to the Canadian dollar. eCAD™ marks the beginning of a new era for cryptocurrency mass adoption in Canada and beyond. “We are thrilled to announce the first step of our plan to bring stability and opportunity to the Canadian cryptocurrency market,” said Cole Diamond, CEO of Coinsquare. “The launch of eCAD™ will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of instability in the traditional cryptocurrency market.” Coinsquare’s eCAD™, a CAD-backed stablecoin, will provide the Canadian
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Coinsquare Acquires StellarX, a Global Decentralized Crypto Platform
Today Coinsquare, Canada’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, announced it has acquired StellarX. The acquisition of StellarX comes on the heels of Coinsquare’s December 2018 acquisition of BlockEQ, which will be rebranded to become the anchor wallet for the StellarX platform. “We are deeply committed to ensuring that the cryptocurrency market thrives, and adoption is key”, said Cole Diamond, CEO of Coinsquare. “Stellar is the fastest payment network in the world and we see enormous potential to create industry leading services on StellarX to further broader adoption”. StellarX is the first full-featured trading app
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Coinsquare statement regarding QuadrigaCX and other Coinsquare matters
Coinsquare, one of the world’s premier cryptocurrency companies, releases the following statement regarding the QuadrigaCX issues and other Coinsquare matters: In light of the recent press regarding QuadrigaCX, Coinsquare feels it is important to highlight that not all digital asset trading platforms are created equal. To this end, Coinsquare would like to take this opportunity to confirm that unlike many trading platforms, Coinsquare stores over 97.5% of its digital assets in cold storage dispersed across multiple locations. Access to cold storage and Coinsquare’s servers is strictly controlled with strong encryption and hardware key devices following the industry’s best practices. The
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Coinsquare launches into the European Union
The cryptocurrency trading platform will allow users to fund accounts using multiple fiat currencies In a move that expanded its market opportunity by 1200%, Coinsquare, one of the world’s premier cryptocurrency trading platforms for trading Bitcoin, Ethereum, and other cryptocurrencies, announced that it has launched across 25 countries simultaneously in the European Union. Coinsquare first announced its intention to launch in Europe earlier this year. European customers now have access to Coinsquare’s full suite of cryptocurrencies and services. This marks the first international expansion for Coinsquare, which to date has only been available to Canadian customers. “From our earliest days,