Bitbuy's Canadian Cryptocurrency Tax Guide 2024

Understanding Cryptocurrency Taxation in Canada: Bitbuy's Updated Guide for 2024

A New Era for Bitcoin: SEC Approves Bitcoin ETFs

Explore the impact of the US SEC's approval of Bitcoin ETFs on the crypto investment landscape, the benefits, and Canada's pioneering role on Bitbuy.ca.

Upgrade your Two-Factor Authentication to an Authenticator App​

Boost Bitbuy account security with 2FA via an Authenticator App. Protect your crypto assets from threats for safer trading. Learn how to make the switch.

How Many Crypto Millionaires Are There?

Dive into the world of crypto wealth with Bitbuy.ca. Discover market volatility, notable Bitcoin investors, and the rise of crypto millionaires globally.

Your Ultimate Guide on How to Sell Bitcoin and Cryptocurrency in Canada

In this guide we’ll break down how to sell bitcoin altcoins in Canada, the dos and don’ts, and how to get cash in your hand the safest way possible.

Crypto Wallet Security 101 [Cold Storage Guide]

Explore Bitbuy.ca's 'Crypto Wallet Security 101: A Cold Storage Guide'. Learn about self-custody, cold storage security, and different types of crypto wallets.

What is the Fear and Greed Index?

Fear and greed can influence our brains in such a manner that they force us to disregard common sense and self-control in order to effect change.

SEC v. Ripple - What happened in the XRP lawsuit?

Explore XRP on Bitbuy.ca, Ripple Labs' digital asset. Understand the SEC lawsuit against Ripple, its impact on XRP, and how the court ruling shapes its future.

What is a Staking Pool?

Wondering what is a staking pool? We have all the answers to your crypto questions at Bitbuy - Canada’s safest and most trusted cryptocurrency platform.

What are the Benefits of Staking Cryptocurrency?

Staking is the newest trend in the world of crypto. Learn the benefits of staking cryptocurrency here. Hint – it’s more than just passive income!

What is Proof of Stake?

Wondering what is Proof of Stake (Pos)? We have all the answers to your crypto questions at Canada’s safest and most trusted cryptocurrency platform.

Top 5 Staking Coins: Which Cryptocurrencies Offer the Best Rewards for Investors?

Learn how to earn rewards by holding onto your digital asset, take a deep dive into the top 5 staking coins and how much you can earn in rewards on Bitbuy.ca.

Exploring the Environmental Impact of Staking: A Greener Alternative to Traditional Mining

Discover what staking is, how it works, and why this energy-efficient alternative to traditional cryptocurrency mining could be a practice for investors.

The Power of Investors: How Governance Plays a Big Role in Staking

Find out how governance plays an important role in decision-making for staking and how it gives investors the power to shape the future of their investments!

What Is a Staking Node?

Discover what a staking node is, its network benefits, and how Bitbuy makes it easy for Canadians to participate in staking without setting your own nodes.

Why Centralization is a Risk for Crypto Staking and What You Can Do About It

Centralization can be a problem in crypto staking. Learn about the risks and how to choose a decentralized staking platform.

What is SUI?

Learn all about the SUI token, the native cryptocurrency of the Sui Network blockchain. Discover its innovative approach to DeFi, token utility & distribution.

What is Slashing in Crypto Staking?

Slashing can have serious consequences for crypto stakers. Learn what it is, how to avoid it, and what to do if you get slashed.

Staking Pools: The Pros and Cons Explained

Interested in staking pools? Learn from Bitbuy about the advantages and disadvantages of staking in a pool and how to choose the best one for you.

Staking vs Mining: Which is Better for You?

Confused about staking vs mining? Bitbuy is here to help you find out which is better for you based on your goals, budget, and experience.

What is Ethereum’s Shanghai Upgrade and What Does It Mean For Staking?

Find out all about Ethereum's Shanghai upgrade and its implications for staking. Get all the answers for Bitbuy users and earn boosted ETH staking rewards!

How to Invest in Crypto - The Ultimate Guide

Learn how to invest in crypto with Bitbuy.ca – Canada’s most secure and trusted cryptocurrency trading platform. Get started today!

Could Cryptocurrency Replace Your Traditional Banking Account?

Is cryptocurrency a real alternative to your traditional banking account? Dive into this blog post and find out how it could transform the way we use money.

How to Identify Crypto Frauds

Take the guesswork out of identifying crypto scams, and protect yourself from falling victim with these helpful tips from Bitbuy.

A Comparison of Cardano and Solana

Looking to learn more about Cardano and Solana? Bitbuy– Canada's most reliable crypto platform is here to help you decide which one is right for your portfolio.

How to Read Crypto Candlesticks

Trying to get a grasp on the cryptocurrency market? Check out our guide on Bitbuy.ca and learn how to read crypto candlesticks!

What is HODL Crypto?

Working your way through crypto lingo and wondering what is HODL? Bitbuy – Canada’s safest crypto platform has answers to all your crypto questions.

How to Pay Taxes on Crypto in Canada

Tax season is right around the corner. Bitbuy – Canada’s safest and most trusted cryptocurrency platform teaches you how to pay taxes on crypto in Canada.

What is Crypto Gaming?

Discover what Crypto Gaming is and why it is taking the gaming industry by storm! Learn more about this innovative new technology on Bitbuy.ca

5 Use Cases for Cryptocurrency

Wondering what you can do with crypto? Bitbuy shares 5 use cases for cryptocurrency and how it will soon become a regular part of your life.

What is Proof of Work vs. Proof of Stake

Cryptocurrency is evolving! Learn the difference between Proof of Work vs. Proof of Stake and how they are changing the future of crypto in Canada.

What is Yield Farming vs. Staking? | Staking Rewards

Learn the differences between yield farming and staking and how to get your crypto working for you in this handy guide from Bitbuy.ca.

How to Earn Crypto Staking Rewards in Canada

Earn passive income and let your crypto work for you! Bitbuy.ca teaches you how to earn crypto staking rewards in Canada.

How to Stake Crypto in Canada

Put your cryptocurrency to work for you! Learn how to stake crypto in Canada and earn staking rewards from Bitbuy.ca – Canada’s safest crypto exchange.

How Many People Own Cryptocurrency?

Have you ever wondered how many people own cryptocurrency? Bitbuy- Canada’s safest trading platform answers all your crypto questions.

How Are Cryptocurrencies Made?

Are you wondering how cryptocurrencies are made? Here’s a quick tutorial about how a cryptocurrency is created from Canada’s safest crypto exchange, Bitbuy.ca.

Is Crypto Tied to the Stock Market?

Learn how crypto is tied to the stock market and what it means for investors in this handy guide from Bitbuy.ca – Canada’s safest trading platform.

What is DeFi Crypto?

Learn all about decentralized finance and DeFi Crypto and all the associated benefits from Bitbuy - Canada’s most secure & trusted crypto platform.

What are the Top 10 Cryptocurrencies?

Evaluating the crypto market? Learn more on Bitbuy.ca. Here are the top 10 cryptocurrencies by market cap which are listed on Bitbuy.

What Is Slippage in Crypto, and How to Avoid It When Trading?

Learn what is slippage in crypto and how to avoid it when trading in this handy guide from Canada’s safest cryptocurrency exchange, Bitbuy.ca.

Is Cryptocurrency Legal in Canada?

Are you wondering is cryptocurrency legal in Canada? Bitbuy.ca – Canada’s safest crytpo exchange has the answers you’re looking for.

Do You Have to Pay Tax on Cryptocurrency in Canada?

Do You Have to Pay Tax on Cryptocurrency in Canada? Bitbuy, Canada’s safest crypto trading platform has all the answers to your crypto trading questions.

Basic Attention Token Guide 2022 - Full Explanation and Tokenomics of BAT

What is Basic Attention Token? BAT is an ERC-20 token powering Brave (a free privacy-focused web browser) and its advertising platform. Learn more on Bitbuy.ca.

How to Learn Cryptocurrency Trading

Bitbuy.ca – Canada’s safest crypto exchange teaches you how to learn cryptocurrency trading. Get started today!

What are dApps (Decentralized Applications) in Cryptocurrency?

dApps (Decentralized Applications) are leading the way in transforming the world of crypto. Learn all about them and how they apply to crypto in this guide.

What Is Web 3.0 & How Does the Technology Impact Crypto?

Are you ready for Web3? Learn what is Web 3.0 and how the technology impacts crypto in this handy guide from Bitbuy.ca – Canada’s safest crypto exchange.

Bitcoin Guide 2022 - Full Explanation and Tokenomics of BTC

What is Bitcoin? Bitcoin is two things - A database (or blockchain) and the first cryptocurrency to solve the double-spend problem. Learn more on Bitbuy.ca.

When Will Ethereum 2.0 Launch? | ETH Merge Date

Get answers to all your questions about the Ethereum merge, including when will Ethereum 2.0 launch, in this handy guide from Canada’s safest crypto exchange.

Ethereum Guide 2022 - Full Explanation and Tokenomics of ETH

Everything you need to know about the Tokenomics of Ethereum (ETH), the second most valuable and popular cryptocurrency after Bitcoin. Learn more at Bitbuy.ca.

Ethereum Proof of Stake: How & When to Stake Ethereum

ETH 2.0 is coming soon! Learn all about Ethereum proof of stake (PoS),how to stake Ethereum and when you should get started in this handy guide from Bitbuy.ca.

Polygon (MATIC) Tokenomics

What is MATIC? Polygon (MATIC) is an ERC-20 token which powers the Polygon layer-2 Proof of Stake (PoS) blockchain built on top of the Ethereum blockchain.

What is KYC and Why Does it Matter?

Learn what is KYC, KYC verification and why it matters from Canada’s safest and most trusted cryptocurrency platform, Bitbuy.ca

ETH 2.0 Release Date: When Does Ethereum 2 Launch?

Ethereum 2.0 is coming! Learn everything you need to know about ETH 2.0 and when it will launch in this handy guide from Canada’s safest crypto platform.

Is Crypto in a Bear Market?

Is crypto in a bear market? Get the answers you want in this handy guide from Canada’s safest crypto platform, including how to survive a crypto bear market.

How to Scalp Crypto & the Best Crypto Scalping Strategies

Learn what scalping crypto means, how to scalp crypto & the best crypto scalping trading strategies in this guide from Canada’s most trusted crypto platform.

Developing a Bitcoin Hedging Strategy

Learn how to take advantage of market cycles and develop a Bitcoin hedging strategy to win! Bitbuy.ca is Canada’s safest cryptocurrency trading platform!

Where Are We in the Crypto Market Cycle?

Learn about crypto market cycles and how to make them work for you in this handy guide from Canada’s most secure cryptocurrency exchange platform, Bitbuy.ca.

Dollar-Cost Averaging Crypto | Bitbuy Canada

Learn how to make cryptocurrency dips pay off for you by dollar-cost averaging crypto in this handy guide from Canada’s most trusted exchange, Bitbuy.ca

How to Trade Bitcoin with a Relative Strength Indicator | Bitbuy.ca

Using a relativestrength indicator (RSI) can help you make more informed cryptocurrency trades.Learn how to trade Bitcoin with an RSI and more at Bitbuy.ca.

The Crypto Crash: Why is Bitcoin Dropping?

Learn the latest news about the crypto crash, including the answer to“why is Bitcoin dropping?” from Canada’s safest cryptocurrency exchange, Bitbuy.

Cryptocurrency Exchanges, Markets & Order Books Explained

Improve your knowledge of crypto and learn more about cryptocurrency exchanges, markets and order books from Canada’s most trusted crypto exchange, Bitbuy.ca

What Happened to ‘Bitcoin to $200k’? From Tom Lee to Cathie Wood

Learn what happened with Tom Lee & Cathie Wood’s Bitcoin predictions of reaching $200,000 from Canada’s most trusted crypto exchange

What is Market Cap in Crypto?

With over 18,000 different cryptocurrencies on the market, it may be difficult to know where to invest.

8 Cities Leading in Bitcoin Adoption

When El Salvador first made Bitcoin a legal tender in October 2021, there were 10 million users that had accessed the Bitcoin Lightning Network.

6 Blockchain Trends You Need to Know

Blockchain is loosely known as the database that supports the use of Bitcoin and other cryptocurrencies. Learn more on Bitbuy.ca.

What You Need to Know About Blockchain

We’ll dig a little deeper into blockchain technology, its place in the crypto world, and what you need to know before investing in Bitcoin, Ethereum, and others

Who’s in The Metaverse?

The concept of a metaverse first came about over 30 years ago in a 1992 sci-fi novel Snow Crash where it existed as a virtual space parallel to the real world.

What’s the difference between Cryptocurrency Wallets vs Exchanges?

Cryptocurrencies, like Bitcoin and Ethereum, have rapidly gained a mainstream appeal over the last few years.

Investing In Bitcoin: Futures ETF vs. Spot ETF vs. Spot Bitcoin

Bitcoin is the first peer-to-peer decentralized cryptocurrency and among the most secure networks in the world.

Conduct a Cryptocurrency Fundamental Analysis | Bitbuy.ca

The maturity that the cryptocurrency industry has witnessed has been remarkable.

Types of NFTs, Explained

Most of the hype around NFTs these days is centred around digital artworks being sold across online marketplaces like Opensea.

Latest Crypto Scams and How to Outsmart Them

Generally, the scammer will initiate a conversation through one of these channels that will seem innocent at first.

What Does Bear Market Mean in Crypto? | Bitbuy.ca

If you are interested in investments, you have undoubtedly heard the terms bull and bear.

What Have People Bought with Crypto?

The first commercial transaction made with crypto occurred in 2010 when a resident in Florida named Laszlo Hanyecz purchased 2 pizzas for 10,000 Bitcoins.

Top Crypto Coins With Capped Supply In 2022 | Bitbuy

When investing in cryptocurrency, you want to account for every factor. Scarcity is one of those principal factors.

Guide to Minting Your Own NFTs

So, you want to start minting NFTs? Here’s a quick rundown on how to get started in this multibillion-dollar industry.

Store of Value, Explained

Have you ever collected coins, art, gems, or even held on to a family heirloom for their value in the future?

Public Companies you didn’t know invested in Bitcoin

Since the very first blockchain transaction in January 2009, Bitcoin has paved the way for cryptocurrency to become recognized as a profitable asset class.

Cryptocurrency and Compounding Interest | Bitbuy.ca

Let’s be honest: The interest you receive on your savings account is pitiful.

6 Canadian Women Transforming the Crypto Space

While women have historically been excluded from conversations around finance, the crypto space features many impressive female contributors.

How to Invest in Bitcoin and Other Cryptocurrencies

Bitcoin is a decentralized digital currency and is the world’s largest cryptocurrency by market capitalization.

Learn How to Buy Dogecoin in Canada

Are you ready to get started with Dogecoin?

Comment acheter des JNF au Canada

Avant de commencer, répondons à la grande question : Qu’est-ce qu’un JNF ?

Bull Market Corrections in Crypto Markets | Bitbuy Canada

If you have paid any attention to the stock market, you have undoubtedly heard the terms bull and bear.

Comment acheter des Bitcoins au Canada

Êtes-vous prêt à commencer avec Bitcoin ?

Why Bitcoin Competes with Gold as a Store of Value | Bitbuy.ca

Bitcoin continues to be adopted by mainstream investors.

Types of Cryptocurrencies, Explained

These days it seems everyone is either buying, trading, selling, or even creating a new type of cryptocurrency.

What are Stablecoins and How Do They Work? | Bitbuy Canada

The world has gone crypto.

Metaverse Crypto Coins to Invest in 2022 | Bitbuy Canada

In late October, Mark Zuckerberg announced that Facebook would rebrand as Meta.

What does Elon Musk, Cathie Wood, Jack Dorsey and others think of Bitcoin?

Bitcoin started off the year 2021 valued at just over $40,000 and soared to more than $75,000 in a matter of a few months.

A Quick Guide to Cryptocurrency Mining

With more people recognizing the utility of crypto and regulations changing around the world, Canada has become an attractive country for mining crypto.

Canada’s Top-Trending Cryptos for This Year | Bitbuy

Everyone wants to know the hot cryptocurrency trends of 2022.

What Factors Impact the Value of Cryptocurrency? | Bitbuy

You have probably seen the stories of the volatility of cryptocurrencies, as the rollercoaster of massive gains and losses often make headlines.

Bitbuy's Commitment to Insurance & Regulation

Bitbuy offers Canadians a fully integrated solution for buying, selling, and trading crypto assets, with all trades taking place on its regulated marketplace.

10 Debunked Myths About Cryptocurrencies

The crypto market is down, and FUD is going mainstream.

12 Crypto Buzzwords You Should Know in 2022

The past year has been eventful in the crypto-verse. Here are the 12 Crypto Buzzwords you should know in 2022. Learn more on Bitbuy.ca.

Crypto 2021 Year in Review

As we reach the final weeks of December, the chaotic year of 2021 is already coming to an end.

How To Do Technical Analysis For Bitcoin Trading

After learning how to buy Bitcoin in Canada, there is another crucial step to consider.

Is Web 3.0 the Internet of Tomorrow?

Did you know that the average person spends almost 7 hours a day consuming online content?

What is a DAO?

A DAO, short for Decentralized Autonomous Organization, was inspired by crypto’s decentralization. Learn more on Bitbuy.ca.