FFCON21: Breaking Barriers

A society without physical money has become apparent in recent years, as tech-savvy users have turned to electronic payments and, even more interestingly, cryptocurrency. The recent market high of Bitcoin, Ethereum and even Dogecoin have sparked mainstream interest in cryptocurrency. Thanks to mass media and increased adoption, cryptocurrency is becoming embraced worldwide by both merchants and consumers. Can cryptocurrency become the mainstream form of currency? Our Chief Operating Officer and Vice President of Legal, Eric Richmond shared his thoughts during the “Mainstream Adoption of Digital Currencies and Investing in Alternative Assets” panel at the Fintech & Financing Conference and Expo,

Coinsquare Announces Close of Strategic Investment by Mogo

Mogo has acquired a 19.99% ownership interest in Coinsquare with a right to increase its ownership up to approximately 43%  All figures in Canadian $ Coinsquare Ltd (“Coinsquare”), Canada’s leading digital asset trading platform, is pleased to announce the closing of the previously announced strategic investment in Coinsquare by Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO), a digital payments and financial technology company. Pursuant to the strategic investment agreement (the “Investment”) between Coinsquare, Mogo and certain shareholders of Coinsquare (the “Vendors”), Mogo has acquired a 19.99% ownership interest in Coinsquare for aggregate consideration consisting of a cash payment of $27.4 million and the

How to Increase Your Coinsquare Account Security (Updated 2021)

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

Summary of changes to our Terms and Conditions

Coinsquare is updating its Terms and Conditions of Use and Privacy Policy (collectively, the “Terms”), effective immediately for new users beginning on December 8, 2020 and for existing users January 7th, 2021. The updates to the Terms are intended to make them easier to read and to better describe our contractual relationship with you. Below are some highlights of the changes to each document. To see the entire scope of changes to the Terms that will govern your Coinsquare Account and use of the Coinsquare Services, please refer to the full Terms and Conditions of Use and Privacy Policy. If you disagree with the

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. 🙏🙌. 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

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