Canada's Best Bitcoin Exchanges of 2019 BitReview

Bitcoin Canadian Subreddit

Let's talk about Bitcoin in Canada
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Quadriga CX Bitcoin Removal Service

QuadrigaCX - believed to be Canada's largest bitcoin exchange. Currently in bankruptcy. Hundreds of millions of dollars, the life savings and hard work of thousands of Canadians, are missing. Join our community to share stories, meet other affected users, get help with claim filing, or receive updates.
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Official Canada eCoin

Canadian based cryptocurrency
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What bitcoin exchange should I use in Canada?

I moved recently from the States to Canada and am thinking of investing in Bitcoin here as well. I used Coinbase in the US. Their fees are too darn high for my Canadian salary. So what exchange do you all suggest I consider here in Canada? What exchanges would you trust your bitcoin in my friends?
Thanks.
Edit: I have some bitcoin and other alt-coins still in US, so something that allows transfers between wallets and well liked by all of you here, is what I am trying to get at. Too many options out there. I am confused.
View Poll
submitted by tharajoesor to BitcoinCA [link] [comments]

Canada’s First Regulated Bitcoin Exchange Goes Live, Supported By Gemini - KOINPOST

Canada’s First Regulated Bitcoin Exchange Goes Live, Supported By Gemini - KOINPOST submitted by kryptouncle to Bitcoin [link] [comments]

Canada’s First Regulated Bitcoin Exchange Goes Live, Supported By Gemini - KOINPOST (x-post from /r/Bitcoin)

Canada’s First Regulated Bitcoin Exchange Goes Live, Supported By Gemini - KOINPOST (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Wealthsimple Crypto that offers Bitcoin trading is the first exchange that is authorized to operate in Canada by the Canadian Securities Administration (CSA)

Wealthsimple Crypto that offers Bitcoin trading is the first exchange that is authorized to operate in Canada by the Canadian Securities Administration (CSA) submitted by digiiital to Bitcoin [link] [comments]

Bullbitcoin CEO - Today is my last day as an unregulated dealer in virtual currency. As of June 1st 2020, Bitcoin exchanges and payment processors are officially regulated as Money Services Businesses in Canada.

Bullbitcoin CEO - Today is my last day as an unregulated dealer in virtual currency. As of June 1st 2020, Bitcoin exchanges and payment processors are officially regulated as Money Services Businesses in Canada. submitted by Fiach_Dubh to BitcoinCA [link] [comments]

[FULL ANALYSIS] Bitcoin exchanges and payment processors in Canada are now regulated as Money Service Businesses

Hello Bitcoiners!
Many of you saw my tweet yesterday about the Bitcoin regulations in Canada. As usual, some journalists decided to write articles about my tweets without asking me for the full context :P Which means there has been a lot of misunderstanding. Particuarly, these regulations mean that we can lower the KYC requirements and no longer require ID documents or bank account connections! We can also increase the daily transaction limit from $3,000 per day to $10,000 per day for unverified accounts. The main difference is that we now have a $1,000 per-transaction limit (instead of per day) and we must report suspicious transactions. It's important to read about our reporting requirements, as it is the main difference since pretty much every exchange was doing KYC anyway.
Hopefully you appreciate the transparency, and I'm available for questions!
Cheers,
Francis
*********************************************
Text below is copied from: https://medium.com/bull-bitcoin/bitcoin-exchanges-and-payment-processors-in-canada-are-now-regulated-as-money-service-businesses-1ca820575511

Bitcoin is money, regulated like money

Notice to Canadian Bitcoin users

If you are the user of a Canadian Bitcoin company, be assured that:
You may notice that the exchange service you are using has change its transactions limits or is now requiring more information from you.
You can stop reading this email now without any consequence! Otherwise, keep regarding if you are interested in my unique insights into this important topic!

Background on regulation

Today marks an important chapter for Bitcoin’s history in Canada: Bitcoin is officially regulated as money (virtual currency) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act of Canada (PCMLTFA), under the jurisdiction of the Financial Transaction and Reports Analysis Centre of Canada (FINTRAC).
This is the culmination of 5 years of effort by numerous Bitcoin Canadian advocates collaborating with the Ministry of Finance, Fintrac and other Canadian government agencies.
It is important to note that there is no new Bitcoin law in Canada. In June of 2014, the Governor General of Canada (representing Her Majesty Queen Elizabeth II) gave royal asset to Bill C-31, voted by parliament under Stephen Harper’s Conservative government, which included amendments to the PCMLTFA to included Bitcoin companies (named “dealers in virtual currency”) as a category of Money Service Businesses.
Thereafter, FINTRAC engaged in the process of defining what exactly is meant by “dealing in virtual currency” and what particular rules would apply to the businesses in this category. Much of our work was centred around excluding things like non-custodial wallets, nodes, mining and other activities that were not related exchange or payments processing.
To give an idea, the other categories that apply to traditional fiat currency businesses are:
When we say that Bitcoin is now regulated, what we mean is that these questions have been settled, officially published, and that they are now legally binding.
Businesses that are deemed to be “dealing in virtual currency” must register with FINTRAC as a money service business, just like they would if they were doing traditional currency exchange or payment processing.
There is no “license” required, which means that you do not need the government’s approval before you can operate a Bitcoin exchange business. However, when you operate a Money Service Business, you must register and comply with the laws… otherwise you risk jail time and large fines.

What activities are regulated as Money Service Business activity?

A virtual currency exchange transaction is defined as: “an exchange, at the request of another person or entity, of virtual currency for funds, funds for virtual currency or one virtual currency for another.” This includes, but is not limited to:

Notice to foreign Bitcoin companies with clients in Canada

Regardless of whether or not your business is based in Canada, you must register with FINTRAC as a Foreign Money Service Business, if:

How this affects BullBitcoin.com and Bylls.com

The regulation of Bitcoin exchange and payment services has always been inevitable. If we want Bitcoin to be considered as money, we must accept that it will be regulated like other monies. Our stance on the regulation issue has always been that Bitcoin exchanges and payment processors should be regulated like fiat currency exchanges and payment processors, no more, no less. This is the outcome we obtained.
To comply with these regulations, we are implementing a few changes to our Know-Your-Customer requirement and transaction limits which may paradoxically make your experience using Bull Bitcoin and Bylls even more private and convenient!

The bad news

The good news

To understand these regulations, we highly recommend reading this summary by our good friends and partners at Outlier Compliance.

Summary of our obligations

Our responsibilities:
The information required to perform a compliant know-your-customer validation:
Record keeping obligations:

Suspicious transaction reporting

Satoshi Portal is required to make suspicious transactions report to FINTRAC after we have detected a fact that amounts to reasonable grounds to suspect that one of your transactions is related to the commission or attempted commission of a money laundering offence or a terrorist activity financing offence.
Failure by Satoshi Portal Inc. to report a suspicious transaction could lead to up to five years imprisonment, a fine of up to $2,000,000, or both, for its executives.
We are not allowed to share with anyone other than FINTRAC, including our clients, the contents of a suspicious transaction report as well as the fact that a suspicious transaction report has been filed.

What is suspicious activity?

Note for bitcoinca: this section applies ONLY to Bull Bitcoin. Most exchanges have much stricter interpretation of what is suspicious. You should operate under the assumption that using Coinjoin or TOR will get you flagged at some other exchanges even though it's okay for Bull Bitcoin. That is simply because we have a more sophisticated understanding of privacy best practices.
Identifying suspicious behavior is heavily dependent on the context of each transaction. We understand and take into account that for many of our customers, privacy and libertarian beliefs are of the utmost importance, and that some users may not know that the behavior they are engaging in is suspicious. When we are concerned or confused about the behaviors of our users, we endeavour to discuss it with them before jumping to conclusions.
In general, here are a few tips:
Here are some examples of behavior that we do not consider suspicious:
Here are some example indicators of behavior that would lead us to investigate whether or not a transaction is suspicious:

What does this mean for Bitcoin?

It was always standard practice for Bitcoin companies to operate under the assumption they would eventually be regulated and adopt policies and procedures as if they were already regulated. The same practices used for legal KYC were already commonplace to mitigate fraud (chargebacks).
In addition, law enforcement and other government agencies in Canada were already issuing subpoenas and information requests to Bitcoin companies to obtain the information of users that were under investigation.
We suspect that cash-based Bitcoin exchanges, whether Bitcoin ATMs, physical Bitcoin exchanges or Peer-to-Peer trading, will be the most affected since they will no longer be able to operate without KYC and the absence of KYC was the primary feature that allowed them to justify charging such high fees and exchange rate premiums.
One thing is certain, as of today, there is no ambiguity whatsoever that Bitcoin is 100% legal and regulated in Canada!
submitted by FrancisPouliot to BitcoinCA [link] [comments]

How One Canadian Bitcoin Exchange Is Leading Coinbase and Kraken In The Great White North’s Race To Be The Leading Destination To Buy Bitcoin In Canada

How One Canadian Bitcoin Exchange Is Leading Coinbase and Kraken In The Great White North’s Race To Be The Leading Destination To Buy Bitcoin In Canada submitted by farts_smell_bad to BitcoinCA [link] [comments]

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange submitted by serenity2021 to ethtrader [link] [comments]

Canada to force "Not your keys, not your Bitcoin" on all Fiat exchanges by making credited amount after purchase only viable when done on-chain: No more "internal ledgers"

submitted by OsrsNeedsF2P to CryptoCurrency [link] [comments]

How One Canadian Bitcoin Exchange Is Leading Coinbase and Kraken In The Great White North’s Race To Be The Leading Destination To Buy Bitcoin In Canada

How One Canadian Bitcoin Exchange Is Leading Coinbase and Kraken In The Great White North’s Race To Be The Leading Destination To Buy Bitcoin In Canada submitted by farts_smell_bad to BitcoinMining [link] [comments]

How One Canadian Bitcoin Exchange Is Leading Coinbase and Kraken In The Great White North’s Race To Be The Leading Destination To Buy Bitcoin In Canada

How One Canadian Bitcoin Exchange Is Leading Coinbase and Kraken In The Great White North’s Race To Be The Leading Destination To Buy Bitcoin In Canada submitted by farts_smell_bad to CryptoCurrencies [link] [comments]

Looking to buy Bitcoins for Ransomware - Need Reliable Consultant and Exchange to use in USA / CANADA

Need to buy tends of thousands of dollars in bitcoins, and quickly - please DIRECT MESSAGE or respond with resources to assist, example brokerage in Canada etc.
submitted by KprVlem to msp [link] [comments]

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange - Decrypt

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange - Decrypt submitted by Fiach_Dubh to BitcoinCA [link] [comments]

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange submitted by undadatunda to onguardforthee [link] [comments]

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange submitted by Bitsaa to ethfinance [link] [comments]

Bitcoin: Closer To The Halving, Canada’s First Bitcoin Fund Now Listed On Toronto Stock Exchange, Wyoming Passes Law To Allow Insurance Companies To Invest In Bitcoin, More Industry Players Weigh In On Bitcoin’s Path Once Businesses Reopen / Biweekly update 5th April - 19th April

Bitcoin: Closer To The Halving, Canada’s First Bitcoin Fund Now Listed On Toronto Stock Exchange, Wyoming Passes Law To Allow Insurance Companies To Invest In Bitcoin, More Industry Players Weigh In On Bitcoin’s Path Once Businesses Reopen / Biweekly update 5th April - 19th April submitted by paradigmfund to bitcoin_uncensored [link] [comments]

Bitcoin: Closer To The Halving, Canada’s First Bitcoin Fund Now Listed On Toronto Stock Exchange, Wyoming Passes Law To Allow Insurance Companies To Invest In Bitcoin, More Industry Players Weigh In On Bitcoin’s Path Once Businesses Reopen / Biweekly update 5th April - 19th April

Bitcoin: Closer To The Halving, Canada’s First Bitcoin Fund Now Listed On Toronto Stock Exchange, Wyoming Passes Law To Allow Insurance Companies To Invest In Bitcoin, More Industry Players Weigh In On Bitcoin’s Path Once Businesses Reopen / Biweekly update 5th April - 19th April submitted by paradigmfund to Paradigm_fund [link] [comments]

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange

Canada’s first Bitcoin fund now listed on Toronto Stock Exchange submitted by DecryptMedia to CryptoMarkets [link] [comments]

I'm new to bit coin and looking to sell/exchange my bitcoin. What's the best place to do so in Canada?

I recently won some bets from a not so great betting website and the best way to withdraw was Bitcoin... So I'm trying to exchange it for money. I'm in Canada, are there any good sites to sell or exchange Bitcoin? I keep seeing coinbase and a few others but wanted to get some personal opinions first.
submitted by blacmagick to Bitcoin [link] [comments]

Canada’s Largest Stock Exchange Launches First Public Bitcoin Fund

Canada’s Largest Stock Exchange Launches First Public Bitcoin Fund submitted by Altcoin-Magazine to Crypto_Currency_News [link] [comments]

Coinut Cryptocurrency Exchange - Buy & Sell Bitcoin, Litecoin, Ethereum and more in Singapore & Canada

Coinut Cryptocurrency Exchange - Buy & Sell Bitcoin, Litecoin, Ethereum and more in Singapore & Canada submitted by Sem67 to u/Sem67 [link] [comments]

Canada: Bitcoin (BTC) Fund 3iQ Scores Listing on Toronto Stock Exchange

Canada: Bitcoin (BTC) Fund 3iQ Scores Listing on Toronto Stock Exchange submitted by n4bb to CoinPath [link] [comments]

Canada: BTC on Stock Market Soon  Bitcoin Black Friday  Russia Eyes Crypto Payment Ban Top Best Cryptocurrency Exchanges in 2019 - YouTube Buy Bitcoin in Canada: How to Buy Cryptocurrency with ... How To Sell Bitcoin In Canada  Easiest Way To Cashout ... QuadrigaCX Bitcoin Exchange Canada

Best cryptocurrency exchange for Canadians. For crypto traders from Canada, CEX.IO provides opportunities for buying Bitcoin, Ethereum, Dash, ZCash, Ripple, Stellar Lumens, as well as Bitcoin Cash and Bitcoin Gold, for Canadian dollars or other popular currencies (USD, EUR, GBP) in several clicks. CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.. CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability. CEX.IO accepts deposits in USD, EUR, GBP, and RUB. Buy Bitcoin . bitbuy is a Bitcoin exchange based in Canada. You can buy bitcoins, litecoin, ethereum and other coins with Interace e-Transfer or bank wire for as low as 0.1% fees. The exchange has good support available through its live chat, or via phone & email. We may receive compensation when you use bitbuy. Bitbuy is the most trusted and respectable Bitcoin exchange in Canada. The platform decided to focus solely on the Canadian crypto market so its trading volumes all come from local traders. What makes Bitbuy the number one Bitcoin marketplace is the range of payment methods that appeal to a versatile clientele. Buy Bitcoin in minutes with Canada’s Fastest Exchange. Smart. Simple. Secure. The local Bitcoin partner you can trust. We have been helping customers buy Bitcoin since 2014. Our worldwide network includes bitcoin.co.uk, bitcoin.com.au and more. Fast payments. We accept transfers via Credit Card & SEPA to ensure you get Bitcoin in your wallet in minutes, not days. Support from real people ...

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Canada: BTC on Stock Market Soon Bitcoin Black Friday Russia Eyes Crypto Payment Ban

Top Cryptocurrency Exchanges in 2019 - grouped up from best to worst. https://boxmining.com/top-cryptocurrency-exchanges-2019/ #Cryptocurrency #Exchanges #Bi... BitBuy: Best Exchange to Buy & Sell Bitcoin in Canada (Better than Coinbase!) - Duration: 16:05. CryptoCasey 4,144 views. 16:05. Elon Musk about Tesla, BTC & ETH Giveaway, Plans for the future and ... Looking for a way to Sell Bitcoin easily in Canada? The Bylls website is the beast and easiest way to sell your bitcoin in Canada with NO FEES! I've used thi... http://bitcoinprice.tech/the-bitcoin-price-in-canada/ Bitcoin Price in Canada Currency experts point out that Canada is a resource-rich country, and the valu... On today’s episode of The O Show we speak with the President of Bitbuy to learn about their history and find out why they are the #1 Bitcoin exchange in Cana...

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