What are /r/BitcoinCA's favorite Products & Services?

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If you are in Quebec or the ban starts applying to the rest of Canada, get a VPN or Proxy and change your IP to a different province or country (US IPs are banned from BitMex too). I've been using TorGuard VPN and Proxy for the past 4+ months with no issues. NordVPN I hear is great too but I already have a VPN so I didn't bother trying it. PM me for a referral bonus code and 50% off promo code if interested.

I prefer using a VPN when I need my IP address to stay the same for a lengthy session. I prefer using a Proxy when I need to keep my IP native in one browser (to do online banking, trading on exchanges, etc. BitMex allows VPNs and possibly Proxies from what I hear but I hear some exchanges will freeze you if they detect an IP change. Banks will definitely freeze you if they detect an IP change) while going under a proxy with a different browser.

You can transfer from Coinbase to Quadriga while waiting for verification. You just can't fund/withdraw fyi.

If you're still looking for a quick way to buy, you can max out coinbase, Coinsquare and Changelly with small amounts.

I would suggest either keeping the majority of your coin on a hardware wallet like a Trezor or if it is under $50k Quad is a pretty safe place.

Folks have been having success getting verified in under an hour on Coinsquare make sure you read the faq after signing up to use the exchange properly.

You can also get $200 (I think!) on changelly soon after sign up

How to fix this in Firefox:

In your firefox location bar, type ‘about:config’ without quotes.

Do a search for ‘punycode’ without quotes.

You should see a parameter titled: network.IDN_show_punycode

Change the value from false to true.

Now if you try to visit our demonstration site you should see

Where to purchase BTC

Coinbase is very expensive for Canadians because you can only use credit cards. The final fee you pay for a purchase is 4.49% (3.99% to use your credit card and 0.50% for the purchase).

Canadian Bitcoins is also expensive. Their current sell price is CA$4,546.94 per bitcoin versus QuadrigaCX whose sell price is CA$4,386.00 per bitcoin. This means Canadian Bitcoins is charging an extra 3.67% right now.

I recommend purchasing through QuadrigaCX. Once verified, you can fund your account by wire transfer (free) or by Interac Online (1.5%). Their purchase fee is also 0.50%.

Which wallet to use

If you are just getting started with a small amount of money, you can try Exodus. It supports several currencies and is very user-friendly. Note that it is not open source.

If you plan on spending a personally significant amount of money on crypto, you should buy a hardware wallet to be safe. Popular hardware wallets at the moment are Trezor and Ledger Nano S.

Hope this helps!

The reason it is so difficult is because of credit card fraud.

Buy BTC with stolen CC, buy Monero with that BTC, send to your own wallet. You get money for nothing.

I have had success with Quadriga's online debit payments. I have also done electronic funds transfer.

The Coinbase limit should change to about $1000 within 1-2 weeks. It definitely isn't the only option. You can try Coinsquare or something like Changelly as they accept credit cards as well.

Just try to remember the opportunities that were there yesterday will be there in 2 weeks. Crypto is quick, stocks are slow. You wouldn't think that trying to buy btc though :D

As far as I know Exodus doesn't have any CAD withdrawal options. Yes, you would have to send it back to Shakepay or another Canadian-based exchange for cashing out.

I would consider another wallet over Exodus. Try something open source like Electrum. It's been around since the very early days of Bitcoin, proving both reliable and secure. https://electrum.org/#home

Whatever you do, do not leave anything in your exchange wallet longer than strictly necessary.

If you don't want to buy a hardware wallet, make yourself a bootable Linux USB stick with Electrum installed in it.

Personally I like BFX's platform for trading and I think their 0.1–0.2% fees (which reduce further as your volume goes up) are pretty fair. At the point that I want to cash out I just send my BTC to LBC Canada and post a sell ad because the price is so much better. Why miss out on the last additional 5–10% gain? Plus you're providing more liquidity to people getting into crytocurrencies and bitcoin.

I don't believe it's possible to link directly, but the CAD markets (XBT/CAD and ETH/CAD) are listed in with the other markets in the popdown menus

and here's the cryptowat.ch chart:

https://cryptowat.ch/markets/kraken/btc/cad

I did some withdrawals from Kraken earlier this year without issue, arrived well within published estimates.

Only downside is that their prices tend to be somewhat lower than other Canadian exchanges due to lack of buy-side liquidity (likely caused by the limited CAD deposit options)

Quadriga won't really give you the ability to trade altcoin.

Yes ETH and LTC are both cheaper transfer options.

Many exchanges require minimal verifications if you already have bitcoin/eth/ltc. I suggest Binance.

Bisq is a distributed peer-to-peer bitcoin exchange network built on open-source software.

Just download the software at https://bisq.network, set up an account (all local on your machine -- no central servers), and create an offer to buy or sell bitcoin (or take an existing offer from someone else) for CAD. Useful if you want a high degree of privacy for exchanging bitcoin.

You can use Interac or TransferWise to settle trades.

Bisq has active USD and EUR markets, but CAD never quite caught on, so this initiative is meant to fix that.

You can see the getting-started guide for more details on how to get started with Bisq.

Development, design and some other tasks are outsourced to contractors. The exchange is run by Yuri Yerofeyev. The team will be expanding in the near future.

I'm assuming you're not looking for technical help -- that you have the coins in a modern functioning wallet and can create a transaction sending them to another address.

There are two main exchanges in Canada right now:

• Kraken is a multi-national outfit, mostly dealing with European currencies. Their Canada presence is from buying the customer base of CaVirtEx. They lost their Canadian banking partner recently, so getting CAD in and out can be a bit of a hassle.

• QuadrigaCX is a Vancouver-based exchange that is comparatively young. As their ability to move CAD is better (more options for getting CAD in and out) their exchange rate is typically a bit better than Kraken, and their volumes are higher as well.

Past experience tells me you could register an account on QuadrigaCX, authenticate yourself via credit check (They ask you some questions about your banking history for basic authentication), send your BTC balance to them and sell it, and have them send the funds to your PayPal account, quickly and easily. (There are non-Paypal ways of getting your CAD out, but PayPal is quickest and easiest)

https://blockchair.com/bitcoin/address/bc1qzgvwgr3s6vd70g92vww8luxasdf6vzddrrl94fxp93a98mjn593qjrvymq

This was the address that sent me the BTC. It looks like the account has sent out dozens of similar transactions. Does that look fishy?

Hey u/T-Wrox,

Here is an outline of our deposit fee schedule for you to review.

As far as onboarding you as a Kraken client the process is that same for all. Just create an account and go through all the prompts, if you have any questions please feel free to reach out.

Summer from Kraken 🐙

In the future, use the new daily discussion thread for questions like this.

To answer your question, I'd recommend Electrum. It's the 2nd wallet I ever used way back in the day. Open source. Compatible with hardware wallets like Trezor.

https://electrum.org/

It would benefit you to do so, however it doesn't look like you will be able to do that.

https://coinmarketcap.com/currencies/neo/#markets
https://coinmarketcap.com/currencies/neoscoin/#markets

Your best bet would be to signup for Bittrex and make the exchanges there. However, Quadriga (since you are canadian) would be a good place to start first before going over to bittrex. I don't use Bittrex so I'm unaware of how easy it is to be verified and deposit CAD but I do use QCX and it's been a good place to start

EDIT: I would buy ETH from Quadriga, Signup for Bittrex and Exchange ETH -> NEO. Also, if you really wanted to Avoid buying Bitcoin and waiting to transfer/avoid the fees you could buy ALL ETH from QCX, switch them over to Bittrex, then exchange what you want for NEO and then exchange the rest of your ETH for BTC, and then sell the BTC for NeosCoin. That way, the BTC stays within the exchange and you dont have to transfer BTC from QCX's wallet to Bittrexs'

You probably already are but first and foremost get verified on an exchange like Quadriga where you can convert from and to fiat (CAD). Second if you looking to exchange more than the top 5ish coins sign up for a bigger exchange with no CAD withdrawal option like Binance

Once you've done that I always suggest to people at least 50% in BTC should stay and never move.

Your portfolio should look like: 50% BTC 40(5)% ETH and 5-10% Altcoin

The best place imo to find information on what to buy, how to read the market and finding people smarter than you is Telegram. Here are some really good groups to get you started: @CryptoCharters @llamacoins @crypto @www_Bitcoin_com @coinfarm

> buy from the actual websites of the companies

and risk getting your personal info stolen.

If you're going that route, use a burner e-mail (EmailOnDeck), burner phone number (sms24.me or something), delivery to a PO box or Canada Post location, and privacy.com to mask your credit card.

It works!

Another alternative for IOTA/other altcoins is https://Bitfinex.com. You don't need ID verification either unless you're depositing/withdrawing gov't-backed paper.

That can be done super quicly on Bitfinex. As far as I remember, you don't need to submit any verification or anything like that for crypto-to-crypto trades.

https://shapeshift.io/

They don't carry the obscure coins but they have most of the big ones. Just transfer it from coinbase to there and have it pump out whatever coin you want to your wallet that supports that coin (in my case Toast for Ripple). If you're doubting the rate you can use "precise" when you setup the transfer and see the rate ahead of time. It won't be worse than what you'll find on most exchanges. The one time I screwed up using it customer service was able to locate my payment and refund the wallet I sent it from (took about 2 days but that's top notch for a free service).

Again, buy ETH or LTC to do this and not bitcoin. Those coins transfer much, much quicker and cheaper. If the blockchain is busy you may have to wait it out a bit.

Alberta also here.

Im running a bunch on a farm which sells me power at 7c/kWh and even at that rate there’s barely profit to be made. Check here:

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=13.5&HashingUnit=TH%2Fs&PowerConsumption=1320&CostPerkWh=0.07&MiningPoolFee=1

Here is how I did it, and what I believe is the the quickest, and easiest way to buy Ripple and avoiding all hefty transaction fees.

• Create a Coinbase Account
  

Go through directed steps Purchase desired amount of Bitcoin, or Ethereum (You’ll need one of these to exchange for Ripple).

• Transfer your purchased coins to GDAX
  

Under BTC, go to “Deposit” -> “Coinbase Account” and type in the amount of Bitcoins you’d like to transfer over (this will be the amount of BTC/ETH you’ll use to buy Ripple).

• Make a Binance Account
  

Go through directed steps Go to “Funds” -> “Deposits Withdrawals” For BTC, click on “Deposit” Copy the BTC deposit address

• Go back to GDAX
  

Under BTC, go to “Withdraw” -> “BTC Address” Paste the address you had copied from Binance into the field Type in the amount of BTC you would like to transfer to your Binance account

• Go back to Binance
  

Go to “Exchange” -> “Basic” or “Advanced” (just depends on your preference). Click on “XRP/BTC” on the right-hand column BUY YOUR XRP! (Remember, you’re trading BTC for XRP) Type in the price of BTC you would like to purchase your XRP at. Binance makes it easy by giving you options (25%, 50%, 75%, 100%) of the amount you’d like to buy.

Enjoy!

This article on Amazon Price history also confirms the buy and HODL strategy to me.

Dec 1999 to Sept 2001 Amazon went from $106.69 to $5.97, a loss of 94%. Lots of other large dips in the early days but I’m sure someone who even bought at $1000 is happy where it is today @ $1100.

Crypto is more meteoric, because it is more powerful than Amazon.

https://www.fool.com/investing/2016/06/26/amazon-stocks-history-the-importance-of-patience.aspx

so i just got into ndax and I'm excited to trade put in 2.5k to start compared to catalyx and lo and behold on certain things like ethereum they are cheaper because they give a cheaper rate on catalyx but by a tiny tiny bit but bitcoin is definitely slightly more expensive. I guess it depends on which coin.

https://www.screencast.com/t/4JkSWGzk

But the 1% withdrawal rate is insane and no doubt you will get screwed at that point with catalyx, but not as bad as I thought, I guess they make up for that fx fee with a better rate on the crypto, but your still sol on the withdrawal 1% fee

https://Binance.com/ if I care about the exchange rate and being efficient.

https://changelly.com/ if I am being lazy and just want to quickly go from one to the other and don't care about the exchange rate / fee sucked out of it.

Edit: Personal note anything outside of BTC and ETH is basically pure gambling and even BTC and ETH are not all that stable price wise but unlike nearly all alt coins have a low risk of going to zero.

Coinbase is pretty quick to get a $250 limit with a credit card. You also pretty much waive the first transfer fee with that link (free $10).

You can also try changelly for a quick purchase, but I'm not sure it is as quick as Coinbase.

​

if CAD goes up against USD then Yes, you "lose" some money on your pre-existing crypto holdings (assuming you already bought that crypto before CADUSD went up) . However, when CADUSD goes up, you also get more purchasing power as well, so now you can also buy more crypto for the same amount of CAD. You might be wondering "how can I guard against CADUSD going up after I already bought my crypto?" The answer to that will involve hedging strategies and timing the market even more, so it gets complicated pretty quick to try and think on those terms.

​

If you buy BTC or ETH with CAD, You should really be watching BTCCAD or ETHCAD. TradingView.com provides charts of many of the cryptocurrencies against CAD, so for instance, you can goto TradingView.com and pull up a chart on BTCCAD, or ETHCAD.

You should consider using Bisq, a decentralized exchange that runs over TOR. Liquidity is low, but the more people using it the bettter. With Bisq you can do p2p interac e-transfers and there is no way for anyone to know it is a BTC transaction except you and the buyer/seller.

Your transaction is protected by both the buyer and seller having to put up a small deposit in a multisig transaction. Once both parties have signed off, the btc is released. If there is a conflict, the arbitrator, who holds the third key makes a judgement.

You can also trade shitcoins there if you want.

https://bisq.network/

Hello & Welcome

1. You can't connect all kind of Hardware wallet to all Exchanges. So it depends but if you can connect your Hardware wallet, what you mentioned is correct.
2. You will need to have the cryptos in the Exchange wallet for earning. If the crypto is in your hardware wallet with you owning the keys, they can't invest them to pay you anything. However, you can earn / stake directly using places like DEX like PoolTogether or CryptoDotCom DeFi Wallet. You can't do this with the normal CDC or Celsius.
3. Yes you can move things however you like just be considerable as withdrawing comes with a cots. Pay a fee for transactions so you need to keep the moving funds to the minimum on ERC20 (Ethereum) blockchain. Other blockchains like Polygon or Celo cost almost nothing (Fraction of cents).
4. I am confused. Yes you own them by having your keys and yes when the price of the tokens go up, your investment growth too. However, don't confuse this with earning through staking, liquidity mining, or lending. Your crypto inside your wallet won't make any money as it is under your control and not the exchange. Think of it like withdrawing money from Scotiabank ATM, putting the money in your wallet in your pocket, then expecting to get some interest for this money in your Scotiabank Savings account. Doesn't make sense, right? same applies here with CEX. Different story with DEX like AAVE, COMP, PoolTogether, CDC DeFi Wallet, and many more. Countless.
5. I don't know but Ledger is one of the best if not the best Hardware Wallet in the market.

​

Finally, feel free to read my review of Celsius Network. Maybe you join us in making lots of money!

I used NordVPN for 3 years and it was great, just switched to SurfShark for the low price and it’s not bad but the initial connection isn’t as fast as it was on NordVPN. There are many others that I haven’t tried.

>No, that was on Ebay. Dont spread fud. And obviously if your ledger comes from China or looks like its been opened dont use it, thats just common sense.

Linked below is one of the fake ledger nano S units which was being sold on Amazon. Not FUD.

https://www.amazon.com/Ledger-Nano-Cryptocurrency-Hardware-Wallet/dp/B077RJWJK5

Let's look at theCoinsquare app in the Play Store:https://play.google.com/store/apps/details?id=coinsquare.io.coinsquare&hl=en_CA. Scroll down to Installs where it says more "10,000+" That's already 20x more installs on one OS. Where did you get 500 on both iOS and Android from?

Stop spreading misinformation.

A real scan, or at least using a scanning app on your phone like https://play.google.com/store/apps/details?id=com.google.android.apps.photos.scanner will probably help. It will light the whole ID well, and remove the glare.

I like to buy from Coinbase since it's very easy and you can pay with credit card. However, for large purchases (higher than a few hundred dollars) you'll be better off sending a bank wire to quadrigacx.

With coinbase you'll pay a 4% fee. With quadriga you can only pay 0.5% but your bank will charge you a flat fee for the wire.

So basically, small amounts = coinbase, large amounts = quadriga

Also, I'm developing an app specifically designed for people new to bitcoin like you. It lists all the places to buy bitcoin, and shows the current price at each exchange as well as funding options and funding fees. You might find it useful: https://play.google.com/store/apps/details?id=com.gmail.penguinstudios1.cheapestbitcoin&hl=en

Similar e-mails have been reported by members of my ISP recently.

It has already been reporting to the Canadian Anti-Fraud Centre (CAFC). An excerpt:

>"Current reporting to the Canadian Anti-Fraud Centre (CAFC) indicates that this is a scam email attempting to extort consumers into paying the requested ransom and that no actual video exists. Reporting also suggest that the passwords being cited have been obtained from previous data breaches".

I was going to suggest haveibeenpwned.com as well, but I see it's been mentioned.

I used the following (see links below), and it definitely seemed "too good to be true". That's why I came here for realtalk.

I'd be doing this for tinkering around in my garage probably (in Alberta as well), so I figured whatever Enmax listed for rates on their websites is what to use. I know there's admin fee's, but I already pay those anyways for the electricity at my house.

https://www.nicehash.com/profitability-calculator/bitmain-antminer-s9

https://www.enmax.com/home/rro/regulated-rates

Hi u/adequate_redditor 👋,

Val from Kraken here.

Do feel free to review our trading fees and our withdrawal fees & minimums. 🙂

​

I hope that helps. Hit me up if you have any other questions,

Santa Val 🐙

​

P.S. Cool username 😆

Hey u/cannainform2,

Here is an outline of all our staking coins that are available on Kraken.

Please feel free to reach out if you have any questions.

Summer from Kraken 🐙

Hey u/Spyrothedragon9972,

Summer here from Kraken, if you have any questions please feel free to reach out.

Kraken has over 50+ currencies currently available on the exchange with the intent to list more following an big vetting process. Here is a look at our fee schedule.

Hope that helps, reach out if you have any questions

Summer from Kraken 🐙

https://www.binance.com/register.html as of 5 pm Jan 8.

Registrations Pause
Fellow Binancians,
Due to the overwhelming surge in popularity, Binance will have to temporarily disable new user
registrations to allow for an infrastructure upgrade. We apologize for any inconvenience caused.

Thank you for your support!

Binance Team
2018/01/05

It's a really simple question - What do you think the point of the gold rush story was? In general. No need to bring up bitcoin, just tell me what you think the point of that really basic story is.

You still haven't answered this simple question.

Nor have you covered anything else I said, so I'm starting with that first, basic, small point - so please go ahead and tell us what you think.

https://www.nicehash.com/profitability-calculator - click "Manual Selection" - note how many of the device options are GPUs?

You really haven't said much at all frankly, not sure why you can't tell us what you think the point of the goldrush story is - do you not actually know, yet you were pretending to this whole time? That's really what it sounded like but I'm trying to give you a chance. I'll explain it if you don't know.

Thanks for the shoutout u/crankykernel

Just wanted to share Kraken's trading terminal. You don't need an account to visualize price action or even set browser alerts regarding indicators or price itself. Further, you can customize it's look to your satisfaction.

Said terminal is courtesy of Cryptowatch ( r/cryptowatch ), which also has a desktop app for watching real time order flow. (in addition to other features like SMS alerts)

Happy Trading,
Ethel from Kraken

Hello u/Altruistic-Word-7339,

Price differences may occur between exchanges because prices fluctuate continuously on digital assets markets.
We do not set or fix the price of any assets. Each participant in each exchange market decides at which price to sell and buy. Therefore, prices change at different rates and times in the various marketplaces and exchanges. The price is determined entirely by supply and demand.For this reason, you may find that prices are higher today in one exchange, and lower just a few days or even hours later. Arbitrage will likely equalize prices across exchanges in future.

You can compare bitcoin markets across multiple exchanges using cryptowat.ch.

Let us know if you have any questions at support.kraken.com

Best, Jeff from Kraken

I also use Delta app and worth subscription. It costs a little more than the rest but no adware / tracks are like others.

If you have any issue or question, they are around on most social networks including reddit. They usually respond in 1 business day.

Also, this one which is owned by Kraken: https://cryptowat.ch

Hi u/CaptMerrillStubing 👋

It's Pluto from Kraken. We offer 2% per annum on staked USD. You can find more information about this here.

If there's anything else you need assistance with, feel free to reach out to our live support team.

- Pluto 🐙

> If you are cashing large amounts out at once, do it on multiple exchanges

While working with your bank ahead of time so that they know what's about to happen is probably a good idea, I'm not sure about using multiple exchanges. That alone may trigger alarms.

Additionally, you will probably end up paying much higher trading fees. For cashing out large sums, I'd suggest OP investigate the "Over The Counter" markets available at reputable exchanges. Something like https://www.kraken.com/features/otc-exchange. Check a few different services, and find out what the transaction fees will be, as well as whether there will be any withdrawal fees, and note that OTC fees will likely be different from the normal market fees. Be prepared to dig through the support pages.

Also we are about to announce our new method of transfer of ACH - If you visit the Fee schedule page, you will notice the section that mentions this:

Online Banking purchases via ACH are currently limited to a small percentage of clients, we will soon be making it available to all US residents.

This feature is currently at live test phase and will be available to rest of our US clients in the upcoming weeks.

Best,

Summer from Kraken

Just regoster on binance! Best exchange that distributes every fork!

▶️ https://www.binance.com/?ref=10755928 <-- Make a free account & 50% discount trading fee with my link!

And more cryptos( listed $drgn $aion )

▶️ https://www.kucoin.com/#/?r=E2hqL7

Referral link for a fellow Canadian if you haven't signed up yet.

https://www.binance.com/?ref=12035007

And yes, I trade on there regularly now. It has the lowest fees, and I use the BNB coin for their trade fees, which means my actual fees are 0.05% and I get exactly the amount of coin I want to purchase.

I also have NEO on there, which this is the only exchange I can find that gives GAS for holding NEO on there. Not saying to leave coins on there long term, but for the time being it is good.

Trading on there is much cheaper for fees compared to Quadriga. To get in and out of a trade is 1% or so total. Lets say you move 10,000 in and out of a trade, you pay 100 dollars in fees on quad... where as Binance, with the BNB coin it is 0.1 total (0.05% each way). So I pay 10 dollars in fees.

I hope you see the difference!

Good luck and welcome to the community!

It is completely up to you, nobody is going to have an answer for you. That being said you sound like you answered your own question in the post :)

You can transfer ETH to binance and be trading in under an hour.

jump on binance with 5-10% of your portfolio and pick something. It can be a lot of fun, there is always talk about crashes, always talk of "ATH!!!!" but you can definitely still make a profit in this market. My recommendation of the day is Siacoin SC

Nope! In the example I used, I bought different amounts at different prices (spending $500 when it was $500 gets you more than spending $500 when it's $1000...as your situation sadly shows :( ).

The method I outlined is an easy way of calculating your weighted average, which is what cost basis is. There are also online calculators for this kind of thing: https://www.omnicalculator.com/finance/stock-average (it expands as you input multiple buys)

&gt; Bought 200 when it was $150 (I'm an idiot...I should be rich...I know...I know)

Aren't we all...

Why use some website for this .
A simple CSV download and back up should do.
If you need to calculate anything learn some simple spreadsheet tools.
https://www.libreoffice.org/

Yes. Same thing happened when I traveled to Iraq, Greece, and Turkey last month.

Use a VPN. I used TunnelBear VPN. It worked great. Have a 500 MB free cap per month. More than enough for any app as long as you don't run videos while connected.

If you need to buy it, use Rakuten to get 25% cashback. And hey it is now only $39.99 for a year so add an extra 25% and some cashback from CC and you are set.

Let me know if you'd like any referrals. Would be happy to get a piece of your starting investment. Haha

Got your answer!

Bought Cardano on Newton, used this exchange ADA to BNB, used pancake swap on TrustWallet to exchange for my BEP20. I use Trust Wallet. Hope this helps!

EDIT: i bought BNB smart chain not the coin but should be the same.

I have heard good things about Gemini (mainly from U.S. traders) for moving big volumes. If you're going the USD route then BFX may offer you a far better rate as well.

I like Bitfinex for sufficiently large purchases. I have also been able to buy a few hundred from sellers I contacted through the p2p listings although it is wise to make individual arrangements that are amenable to both parties. Most sellers will make discounts for volume purchases, since freelancers, miners, and the like ultimately need the cash just as much as you need the BTCs.

You answer like a pro! Avoiding my main quesetion which was about your market share and how much coins you trade daily. Most trustworthy exchanges give out that info or you can easily find it on sites like coinmarketcap.com https://coinmarketcap.com/currencies/volume/24-hour/ but you completely avoided the question. QuadrigaCX for example shows live trades. 24 Hour Volume Rankings (Currency) | CoinMarketCap Trade volume rankings for all cryptocurrencies in the last 24 hours

I wouldn't say the exchanges scammed everyone. QuadrigaCX - probably. Einstein - if they did it wasn't intentional. Coinsquare, despite being by far the largest right now, isn't good either - there are problems with Coinsquare but it's not nearly as bad as it was with these two prior to their downfall.

Here's the thing about liquidity - it can easily be faked. Quadriga did this, I personally know Einstein did it. But there's multiple types of fake liquidity. There's wash trading as one example, or the exange could outright falsify trading volumes, or, perhaps the most common one is padding the order books with company funds. Therefore, even on some exchanges, the exchange will secretly put buy or sell orders in themselves, as that helps increase liquidity. In this last example, they are real trades, they're just designed to stimulate greater trading. So if you were to take out this liquidity manipulating strategies out of the picture, how much real liquidity would you have? The answer is very little. BTC/CAD is simply not a big trading pair. Even Coinsquare wouldn't have much liquidity.

Ok, so you can't get high liquidity anywhere, but there are places where you can get ok liquidity, as well as places you can get poor liquidity of. But let's look at the other side of things - safety, security and solvency. At least you want an exchange that isn't going to go belly up. If that's the case, I'd suggest either Bitbuy or Kraken. The reason being is because Bitbuy went through a Proof of Reserves and Security Audit while Kraken went through a Proof of Reserves Audit.

Hope that helps!

These podcasts are really good, and worth spreading around:

podcast 1: https://www.kraken.com/learn/podcast?kec=9SG3cIiXeFsVwI&amp;utm_source=podcast+announcement&amp;utm_medium=email&amp;utm_campaign=quadrigacx&amp;utm_content=content+link#episode3

podcast 2: https://www.kraken.com/learn/podcast?kec=9SG3cIiXeFsVwI&amp;utm_source=podcast+announcement&amp;utm_medium=email&amp;utm_campaign=quadrigacx&amp;utm_content=content+link#episode4

Transfer fees for Bitcoin are very high, we are talking $10 minimum.

I would buy ETH on coinbase, transfer to Binance and then buy btc or other coins through ETH pairings (ETH/XRP for example)

If you can transfer from Coinbase to GDAX do that first.

Bitcoin -> ETH -> GDAX -> Binance is optimal imo.

First and foremost, before you use Quadriga (because it is the most secure and trusted Canadian exchange) to deposit a large sum, especially the sum you are talking about, contact them. Warn them you are doing this and make sure everything is okay on their end. You should probably get in to contact with someone on the phone as well because to be completely honest the funds will likely get flagged by the Canadian gov unless you're buying in batches less than 10k.

Second, if you are looking to trade out of Bitcoin to altcoin at all Quadriga isn't exactly the best at that. I would recommend using Binance instead, I would avoid more than $50,000USD value on Binance though; Just in case.

Fastest way is to buy with LTC or ETH. Make an account on Binance. Coolest exchange with lowest fees for trading so far. You can use my referral code to get joining perks

Link: https://www.binance.com/?ref=11337655

Quadriga is by far the most trusted and most used Canadian exchange. It will allow you to sell to CAD without withdrawing that CAD. It however doesn't have very many trading pairings.

A lot of us started with Coinbase and that is really ok, fees and downtime aside they function as a means of introducing you to crypto.

I use a combination of Binance and Quadriga these days and haven't had many issues. 75% of what I have is on quadriga on either CAD or XBT and the other 25% is trading often on binance.

Hope this helps.

Binance is a very good, very solid (in terms of uptime), very active and secure exchange. It is definitely gaining rapid popularity.

I also find bittrex quite simple to use but I have seen people having issues with their support/locking accounts.

You made a mistake, we all did in the Crypto world don't worry.

On Quadriga trade your BTC for ETH.

Transfer your ETH to an exchange like Binance or Bittrex.

Buy BTC if they don't have an ETH/XRP trade option.

Done. The reason we trade in ETH is because the fees are lower when transferring out of Quadriga.

To answer your question, yes alot of people use different sites for trading. Quadriga is mainly the in and out for Canadians if you want to get into alts.

More about Binance!

They are very good for fees. They are 0.1% for fees one way. Much lower than Quadriga which is 0.5% for fiat. But they can also be lower than that. With Binance, they have their own coin, BNB. If you buy a little bit of it, you can use it to pay for your fees. And when you do, it is only 0.05% for fees one way, which is half the fees and you don't lose any of the coin you are purchasing.

Ontop of that, they are the only ones that pay out the GAS from holding the NEO coin. Basically if you never heard of NEO, it is similar to ETH, however it separates the spending currency from the chain itself. People pay GAS to put things on the network, and NEO is more for the company investment side.

Here is a calculator for this.

https://neotogas.com/

Not saying that buying NEO is investment advice, just saying that if you have NEO or are thinking of purchasing, it is best on Binance.

They also have a referral program. For anyone that signs up under you, you get 50% of the fees they pay. Doesn't cost anyone anything extra, so just wanted to give you my referral link!

https://www.binance.com/?ref=12035007

Let me know if you have any further questions about it!

I'd recommend Mac for most people, merely because Apple does a pretty good job of securing it well enough for most threat models. You can have a lot more control with Linux, but I'd say it requires a certain level of expertise to do properly.

If you want to go super-paranoid, Qubes is pretty neat.

Cryptogram is doing their WL spots on sweep widget, only 150 spots.

Cryptogram is a Tech Firm Owned by Its Investors: For the first time ever in the crypto space, token holders will own 60% of the Cryptogram platform and 60% of all future products launched under the Cryptogram brand. Cryptogram is not only a token, it’s an innovative tech firm, and you can own a percentage of its total enterprise value as well as all of its future projects.

Cryptogram is social investment DApp featuring on-chain capabilities that provides a complete investment environment, which includes: ❖ Wallet to wallet chat ❖ Cross-chain Dex trading of a wide variety of digital assets ❖ A scam-free launchpad ❖ Copy the Whales – track and copy the trading strategies of the top gainers (whales) ❖ Wallet tracking ❖ Create your own channels with subscription ❖ NFT marketplace and much more.

Billion dollar partnership and multimillion partnerships after. This will be massive.

https://sweepwidget.com/view/40393-cz1vd68u/k3h12z-40393

I'm not making a claim on the ones I don't know.

As for ChangeNOW, as I said, it may randomly ask you to go through KYC: https://changenow.io/faq/kyc-aml-procedure

PancakeSwap is not a DEX, it's 100% centralized in the hands of an exchange. It may have its uses or not, but decentralized it is not. Saying that it is is a misrepresentation.

This happens every time Bitcoin enters a massive run.

As with most businesses that strive to profit, coin exchanges run rather lean - and this means they are usually unable to properly cope when their volume of users and issues multiplies itself almost overnight.

See: This statement from Poloniex

It depends on what you want to do with the Monero,if you just want to trade or hold it, then just use Binance, assuming you aren't in Ontario.. If you are in Ontario or want to preserve the privacy functions of the coin, then buy bitcoin from Shakepay or Newton and use a service like stealthex.io or swapswop.io to atomic swap your coins to Monero and send them to your private Monero wallet.

You could consider using kraken with https://www.trailingcrypto.com.

IMHO, trading platforms should need to have trailing and ladder entries...but the sophisticated retails use api or have other work arounds.

LocalCoinSwap (not a referral link) is a modern alternative to LocalBitcoins, a far better P2P marketplace where you can trade bitcoin, ethereum, and even newer assets like polkadot using cash and a couple of hundred other payment methods.

Yup, known to be safe. It kind of depends on what crypto you buy, their UI is pretty good you can just type in how much you want to spend on Changelly and see how much you will get. You can then either do a conversion on coingecko or something similar; or continue down the path to purchasing to see the breakdown.

Sorry for the late reply. According to this Changelly does CAD purchases of coin, and I have done it myself in the past with a Visa.

https://changelly.com/blog/how-to-buy-bitcoin-for-usd-with-credit-card/

$50 is almost nothing and you're going to lose $10 right off the bat anywhere due to fees.

Coinbase is probably the best option for such a low amount but how about Changelly? They can be pretty quick and the first amount max is $50...

Loaded post.

Starting with Paypal that is straight up a non option.

Since you have a US bank account you can fund your account using basically any exchange that accepts US funds. Coinbase has high fees and you'd like to avoid it so how about Changelly or Bittrex?

You can fund USD on Quadriga. The knowledge you gathered about transfers on Binance is correct.

I guess I'm not really sure what your question is?

All their site says is it was in beta in the US since late 2019

>The Uphold Card has been in beta since late 2019 – check out the feedback from program members:

https://uphold.com/en/blog/introducing-the-worlds-first-multi-asset-crypto-enabled-debit-card

That was March 2020 so I dont think even US customers can do that with them in mass with them.

Only reason Im even commenting is that they look like shitcoin sellers that will probably not come through with whatever promises they sell their shitcoin customers.

I've had one of these cards before, in Canada, they really are bullshit once you get involved with the banking industry in any country (imo - for now)

No matter what exchange offers these they will eventually charge a fee for the service so high it doesnt make sense to use the card....unless you REALLY want to spend your bitcoin over fiat - which is retarded in this economy

If you haven't yet opened up an Uphold Account, let me know and I will be more than happy to onboard you onto the technology and teach you how to not only use Uphold but to maximize on all of its values.

Uphold Debit Card / Link to Uphold / Uphold Mastercard Certified Expert

New Uphold Account

Take a fresh look at the world's fastest-growing multi-asset platform.

Now with:

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- Trade any asset in 10 seconds

- Buy cryptocurrencies directly with a credit or debit card allowing you to lock in prices sooner

- Direct bank connectivity in almost 40 countries using ACH, SEPA and SWIFT, Faster Payments (coming soon). Recently added countries include the UK, Canada, Poland, Czech Republic, Romania, Hungary, Croatia

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Hi,

You can also trade Bitcoin against CAD on the XBT/CAD market. To see the current order book of this market, select the XBT/CAD market from the drop-down list on the following link: https://www.kraken.com/charts

> https://www.kraken.com/help/fees

For CAD you have the following currency pairs:

XBTCAD ETHCAD ETHCAD.d XBTCAD.d

The latter two ending in ".d" indicate dark pool trading, which is described here:

https://blog.kraken.com/post/259/introducing-the-kraken-dark-pool/

Deposits for Canadians are surprisingly free. Below from their website. Withdrawal there is a fee. However, I think your bank will charge you an outgoing wire transfer. I just checked and as an example, RBC charges $14 for outgoing international wire transfer. So depending on how much bitcoin you want to buy this may or may not be the option. The other option that I tried was via Coinbase credit card deposit for a 4% fee.

Deposit options and fees

EUR SEPA Deposit (Free) - EEA countries only USD Bank Wire Deposit ($5 USD) - US only EUR Bank Wire Deposit (€10) - outside US only USD Bank Wire Deposit ($10 USD) - outside US only GBP Bank Wire Deposit (£10) - outside US only JPY Bank deposit (Free, ¥5,000 deposit minimum) - Japan only CAD Wire Deposit (Free)

Withdrawal options and fees

EUR SEPA Withdrawal (€0.09) - EEA countries only USD Bank Wire Withdrawal ($5 USD) - US only USD Bank Wire Withdrawal ($60 USD) - outside US only EUR Bank Wire Withdrawal (€60) - outside US only GBP Bank Wire Withdrawal (£60) - outside US only JPY Bank withdrawal (¥20) - Japan only CAD EFT Withdrawal ($10 CAD fee, $25K CAD daily max) - Canada only

That is for deposit/withdrawals. Fees for trading are outlined here: https://www.kraken.com/help/fees

Again, much better than the Canadian exchanges.

More info from their site regarding deposits for Canadians: https://support.kraken.com/hc/en-us/articles/205974128-How-do-I-deposit-CAD-into-my-account-

There may be some issues. I keep reading that as Canadians most people are stuck with the Canadian Exchanges and have no choice. I'll know better once my account is verified and I can transfer some money in.

I wouldn't recommend using a credit card as the fees are outrageous. Looking into Binance as they have the lowest fees and if you sign up now they are giving out free coins for new accounts. You can have a look at it.

To be transparent this is my referral link and I am a Binance user: https://www.binance.com/register.html?ref=10787730

Follow us on: https://www.facebook.com/TheCryptoBling/

Most people nowadays are using Binance as an altcoin exchange.

It's relatively new, but the volume is increasing and they're quite reliable.

Most traders are trasnsitioning to Binance.

TL;DR - In my experience / calculations, Shakepay's margin on buying / selling is about 1%.

It's a bit a of math challenge to figure out approximately how much Shakepay's spread is, but it can be done. Keep in mind the "spread" is the "round-trip" difference between buying Fiat > Crypto and then back from Crypto > Fiat. At the moment I can only speak on the one-way (CAD > BTC) with three recent purchases I made during this May 2021 crash!

Anyway, the method I used to estimate this is as follows:

1. Download your recent transactions from Shakepay (CSV format).
2. Open the CSV transaction history with any spreadsheet program or even Notepad.
3. Pick any transaction whereby you can see the exact time (UTC) and Shakepay's price.
4. Go to any crypto chart tracker (I used Tradingview.com).
5. Enter the crypto symbol (ex: BTCCAD) to see the history chart.
6. Use the tools at the chart bottom to navigate to the exact time of your transaction (free users can see by-the-minute / subscribers can zoom into price by-the-second).
7. Compare the actual value of the crypto at that (approx.) time to your Shakepay price.
8. Simply divide Shakepay price / Actual price (buying crypto) or Actual price / Shakepay price (selling crypto). Basically, the bigger value / smaller value.

In my experience, the Shakepay markup on a purchase using the method above is 1%. I'll report back once I make a sale (not for a long while until there's a decent recovery!).

This is not to say Shakepay is the worst deal in town (it mathematically isn't - WealthSimple anyone?). Different people value different things (ie: money / time / convenience / speed). Each person has to weigh their own value on those things. Don't forget to take into account the significant network / gas fees Shakepay eats on your behalf and their ShakeStats program for free Bitcoin Satoshis.

Cheers!

Let's look at some numbers. They surprised me. Turns out what's happening on the CAD market is identical to what's happening across all other markets, even those with 10x as many trades.

Trades at or below 0.01 BTC are expensive for takers, but most other trades aren't. It's just that there are a lot more of them, so they dominate perception.

In the past 10 months, there have been 567 CAD trades.

343 were ≤0.01 BTC; of these, 142 originated from bids while 201 originated from asks

Premium for bids (mean / median): 1.145% / 1.000%

Premium for asks (mean / median): 8.459% / 8.000%

190 were (0.01 - 0.0625] BTC; of these, 37 originated from bids while 153 originated from asks

Premium for bids (mean / median): -1.622% / 0.000%

Premium for asks (mean / median): 5.628% / 6.000%

32 were (0.0625 - 0.125] BTC; of these, 11 originated from bids while 21 originated from asks

Premium for bids (mean / median): -1.756% / 0.000%

Premium for asks (mean / median): 3.18% / 2.500%

4 were (0.125 - 0.25] BTC; of these, 2 originated from bids while 2 originated from asks

Premium for bids (mean / median): -1.000% / -1.000%

Premium for asks (mean / median): 4.000% / 4.000%

So buyers who make bids are actually getting a discount on the CAD market, on average, when doing trades bigger than 0.01 BTC. Imagine that. Like in every other market on Bisq, buyers must make bids, the bigger the better.

(CAD wasn't included in the analysis linked above because there were much fewer trades overall, particularly above 0.125 BTC)

Whether or not Bisq is worth the effort over alternatives is a personal call.

If you're looking for a decentralized P2P exchange I've used (and still use) https://bisq.network/ without any issues. Volume is pretty low but I try to do my part and leave up trades when I can. Hopefully more people will start using it. I find it more trustworthy than localbitcoins.

> gdax where the fees are much lower per trade

Yes, you are better off registering on https://Coinbase.com and then using GDAX (same company, lower fees).

Sign up for revolut they will be launching in Canada soon and have a waitlist. Completely mobile based bank that is Crypto friendly.

https://revolut.com/r/ryan2zzn

Also I've had luck using transferwise borderless banking for withdrawals from exchanges in Canada. Doesnt provide a solution to deposit funds to exchanges though.

Cool. FYI, you'll want to move that to https://api.newton.co/dashboard/api/rates/ - we're deprecating the tradenewton.com domain.

You can also grab Newton Pro prices with Socket.io: https://stoplight.io/p/docs/gh/docs-newton/newton-api-docs

Okay thank you, that answers my queries very well and straight from the horses mouth. I was impressed by your offering and this is reassuring. Very cool to see it this prompt, did you have an auto alert with mention.com or something? :D

Look at the justice.gov links I posted. The name Omar Dhanani is linked to various frauds. Now look at the Vancouver Sun article picture and co-relate the picture with the about.me webpage.

At long last, happy to update CoinSmart's Android and iOS apps have hit the stores today.

Well hello there, allow me to flog my own book. I've been working on it for the past two years. comes out in October.

> In Once a Bitcoin Miner, journalist and author Ethan Lou takes readers on a richly told first-person narrative through the proverbial cryptocurrency Wild West. From investing in Bitcoin in university to his time writing for Reuters, and then mining the digital asset ― Lou meets the likes of the late Gerald Cotten (of QuadrigaCX) and a co-founder of Ethereum, and hangs out in North Korea with Virgil Griffith, the man later arrested for allegedly teaching blockchain to the totalitarian state.

https://www.amazon.ca/Once-Bitcoin-Miner-Scandal-Cryptocurrency/dp/1770415394

I ordered it from Amazon here: https://www.amazon.ca/gp/product/B07FY5R77T/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&amp;psc=1

And thanks for your detailed explanation. Much appreciated. I understand now.

https://www.amazon.ca/Gulag-Archipelago-Vol-Experiment-Investigation/dp/0061253715/

We have way better technology now than they did in the Soviet Union. Read that book and then imagine what they could do when every single phone has a far field microphone, satellites can see every hair on everyones head everywhere, and every transaction you make is recorded and analyzed with AI.

The argument I used to hear growing up about why our loss of privacy wasn't such a big deal was that "what do you have to hide?" Well, when your data is all out in the open you can program behaviour. That's what was such a big deal.

One day people will see.