Coinsquare announces acquisition of CoinSmart to create one of the largest crypto asset trading platforms in Canada

TORONTO, ONTARIO — September 22, 2022 — Coinsquare, Canada’s leading crypto asset trading platform, announced today that it has entered into a definitive agreement dated September 22, 2022 (the “Purchase Agreement”) with CoinSmart Financial Inc. (“CoinSmart”) to acquire all the issued and outstanding shares of its wholly-owned operating subsidiary Simply Digital Technologies Inc. (“Simply Digital”), which owns and operates the CoinSmart trading platform. Subject to customary regulatory and CoinSmart shareholder approval, this transaction will position the combined company as one of Canada’s Largest Crypto Asset Trading Platforms. With this acquisition and integration, Coinsquare becomes one of Canada’s largest crypto asset

The Ethereum Merge is coming soon!

Ethereum (ETH) is about to undergo the most critical upgrade in its history, known as The Merge.  Widely anticipated for longer than 2 years, The Merge is the transition of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The Merge is touted as the solution that will make Ethereum much more scalable, reliable and energy-efficient. Here’s what you need to know. What is The Merge? The Merge is an update to the Ethereum network. It’s called “The Merge” because the update will merge the existing Ethereum Mainnet, which currently processes all transactions, with a solution

Market Commentary – August 26th, 2022

Crypto Market Last week on August 19, the value of long liquidations was the second highest it has been for the past three months at $538.2 million. This surge of liquidations came after prices of many crypto assets fell last week. BTC fell from $23.2k to $20.8k and ETH fell from $1.85k to $1.6k from the 18th to the 19th, marking the sharpest drops between closing prices of the past month for both assets. Since then BTC has found support at around $21.5k and ETH has now reclaimed $1,700. From an on-chain perspective, the total transferred volume out of Crypto-assets

Coinsquare files undertaking while nearing completion of its regulatory process in Canada 

Coinsquare, Canada’s leading cryptocurrency trading platform, today announced that it has entered into an undertaking with the Ontario Securities Commission (OSC) and other Canadian securities regulators, setting out how it will conduct its activities in digital assets moving forward. The undertaking sets out Coinsquare’s operating obligations while nearing completion of its regulatory process by the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Securities Administrators (CSA).  The terms of the undertaking are substantially consistent with the operating obligations that will apply to Coinsquare upon final regulatory approval in Canada. The undertaking covers client account opening and monitoring, regulatory

This is not a drill: Crypto-to-crypto trading is available through Coinsquare’s OTC desk

Did you know that Coinsquare Wealth clients can make direct coin-to-coin trades via the OTC desk without converting to fiat first? Read along to find out more. If you’re looking for a way to trade your Bitcoin or get your hands on the next big altcoin, look no further than Coinsquare Wealth. Coinsquare now offers its Wealth clients the chance to make direct coin-to-coin trades without first converting to a fiat currency. As a Wealth client, you can trade between 40 coins as well as CAD and USD. Coinsquare users have over 860 trading pair options through the OTC desk! Here’s

Coinsquare Trivia Tuesday Giveaway – July 26

It’s time for #TriviaTuesday! From July 26th 2022 (10:00 AM ET), to August 1st 2022 (3:00 PM ET) we will be accepting submissions for our contest. A lucky winner will win $1000 in crypto.  Here’s how to participate Check out our Instagram or Twitter pages once the contest begins! To enter, follow the instructions in the caption! Things you need to know Here’s where you can find all our contest terms and conditions.  The contest is only open to residents in Canada (excluding Quebec).  A winner will be picked via random draw among eligible entries at the end of the

Coinsquare Trivia Tuesday Giveaway

It’s time for #TriviaTuesday! From July 19th 2022 (10:00 AM ET), to July 25th 2022 (3:00 PM ET) we will be accepting submissions for our contest. A lucky winner will win $1000 in crypto.  Here’s how to participate Check out our Instagram or Twitter pages once the contest begins! To enter, tag a friend and provide the answer to the trivia question in the comments or replies! Things you need to know Here’s where you can find all our contest terms and conditions.  The contest is only open to residents in Canada (excluding Quebec).  A winner will be picked via

The new Coinsquare is here

The new Coinsquare is built on our most advanced platform yet. We have been working to create a new experience with a laser focus on customer research, understanding our audience’s needs, and adding new offerings for you to build your portfolio.  New Look, New Feel, New Coinsquare Exciting things are coming from Coinsquare, with new features, coins, and products for you to explore. While our look is new, you can be sure that everything you love about making easy, everyday trades will stay the same. Our new logo reaffirms our future goals and represents a step in our journey. This

Goodbye 2021! Thank you for being our loyal customers

As we close out another year and move into a new one, it’s always nice to take a pause and reflect.  What a year it’s been for the crypto market globally, and what a year it’s been for Coinsquare! 2021 has definitely had its challenges and opportunities, and on the cusp of 2022, I’d like to take this opportunity to sincerely thank you, our loyal and passionate customers. It was the year that crypto seemed to take the world by storm and become more a part of the global economy. El Salvador made bitcoin legal tender and someone paid $69