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

Coinsquare Finalizes Agreement With CRA: Protects Majority of Client Data

In September 2020, the Canada Revenue Agency (CRA) filed an application in Federal Court seeking an order to compel Coinsquare to provide information pertaining to all of our clients’ account history and trading data. The CRA stated that it requires this information for tax reporting and compliance purposes. For reference, this story was covered in the media and you can read it here. We expect that similar disclosures will soon be required from other Canadian digital asset exchanges. Coinsquare negotiated to protect our client’s privacy, and limit any disclosure to only what was absolutely required by the CRA under Canadian

How to Increase Your Coinsquare Account Security with 2FA (Updated 2021)

Setting up two-factor authentication for your Coinsquare account is quick and straightforward. All you need is your phone and an authenticator app that generates a one-time code for you to use every time you sign in. Coinsquare recommends using either Authy, Google Authenticator, or Microsoft Authenticator which are available for both iOS and Android devices.  Please note: The instructions provided below are for Google Authenticator Please refer here for instructions on how to set up 2FA with Authy Please refer here for instructions on how to set up 2FA with Microsoft Authenticator Before getting started, make sure you’ve installed an authenticator app on your

Mogo Announces Strategic Investment in Coinsquare, Canada’s Leading Digital Asset Trading Platform

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced its investment in Coinsquare Ltd. (“Coinsquare”), Canada’s leading digital asset trading platform, including the execution of a definitive agreement (the “Agreement”) for Mogo to acquire 19.99% ownership of Coinsquare’s outstanding common shares on a post-transaction basis for total consideration of approximately $56.4 million. The Agreement also includes rights for Mogo to acquire an additional 20% ownership interest in Coinsquare through purchases of shares from current shareholders and the exercise of warrants under certain conditions (refer to “Terms of the Transaction”), for

Goodbye Interac e-Transfer fees!

Coinsquare’s mission has always been to become a 21st century full-service financial institution. We’ve been hard at work to make Coinsquare the best experience possible for our clients and today we’re one step closer to that goal. We’re excited to announce that we’re waving goodbye to Interac e-Transfer fees forever! Now you can fund your account with as little as $20 all the way up to $10,000 and pay ZERO funding fees on all Interac e-Transfer deposits.  Here’s a quick refresher on how to fund your Coinsquare account with Interac e-Transfer. Important Notes: Interac e-Transfer fees are now 0%. Third-party transfers will not be accepted. The name

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

Coinsquare Announces New Leadership Team; Files Applications to Operate a Regulated Digital Asset Marketplace in Canada

TORONTO–(BUSINESS WIRE)–Coinsquare, Canada’s leading digital asset trading platform, has announced the appointment of Nicholas Thadaney and Wendy Rudd to its board of directors. The appointments follow the confirmation of Stacey Hoisak as Coinsquare’s new Chief Executive Officer, and the appointments of Lawrence Truong as Chief Compliance Officer, and Eric Richmond as Chief Operating Officer. The newly appointed directors and executive team bring tremendous experience in Canadian securities regulation, investment dealer operations and regulated marketplaces to Coinsquare. Coinsquare Capital Markets Ltd. (CCML) has also submitted a dealer membership application to the Investment Industry Regulatory Organization of Canada (IIROC) and an application

Bitcoin Cash Fork Update

Update 11/18/2020: The split has been successful and BCH trading and withdrawals is back online Bitcoin Cash is scheduled to hard fork on November 15, 2020 around 7:00 AM EST. After the fork, there will be two chains; Bitcoin Cash Node (listed as ‘BAB’ on our platform) and Bitcoin Cash ABC. Coinsquare will continue to support Bitcoin Cash Node but will not support Bitcoin Cash ABC. What does this mean for Coinsquare users? If you plan on claiming Bitcoin Cash ABC, before the fork please withdraw your coins to a wallet that will support the split. What action is Coinsquare

$200 Daily Giveaway Winners!

2020 is all about the 2s. To celebrate Bitcoin’s new all time high, Coinsquare will be giving away two prizes of $200 to two lucky users every day till April 30th, 2021. All you have to do is make a minimum e-transfer deposit of $20 and you are automatically entered into the next day’s draw. * Looking for more ways to win after you’ve funded? Here are 2 easy steps you must take to double your chances of winning!* Click the link below to send out a tweet letting all your friends know on Twitter about our amazing promotion within 7 days of funding DM us your

Coinsquare’s 2020 Trends & Insights

We are now midway through 2020, and only one thing is certain: the last six months have been a whirlwind of unprecedented circumstances. From the COVID-19 pandemic ravaging global health and economic conditions, to the civil unrest and protests centered in the United States but proliferating to other countries, the world is at a pinnacle point of change.  For the cryptocurrency ecosystem, the atmosphere of global uncertainty has driven a renewed interest in Bitcoin and other digital assets which don’t rely on centralized financial institutions. As the market continues to mature and evolve amidst these unpredictable ‘strange’ times, here are