Best Crypto Exchanges For Day Trading in Canada in 2023
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
8M ago
Cryptocurrencies are highly volatile assets capable of producing substantial price swings daily. Though risky, it presents a golden opportunity to day traders who take advantage of such short-term price fluctuations to profit from the market. But before you jump, you should have a working day trading strategy and find a Bitcoin trading platform that offers ... Read more The post Best Crypto Exchanges For Day Trading in Canada in 2023 appeared first on Savvy New Canadians ..read more
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How to Safely Store Crypto in 2023
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
8M ago
According to Chainalysis, hackers stole over $3.8 billion worth of crypto in 2022. So if you’re considering investing in crypto this year, it helps to think of how to store your crypto coins safely. This article covers custodial wallets, hot wallets, offline crypto wallets, and what each wallet type is best for so you can ... Read more The post How to Safely Store Crypto in 2023 appeared first on Savvy New Canadians ..read more
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Is Coinbase Safe? Read Before You Sign Up
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
9M ago
If you are a crypto enthusiast wondering whether Coinbase is safe, yours is a genuine concern. After all, you should be putting your money in a safe and secure exchange. Coinbase is the world’s largest publicly traded crypto exchange. It operates in 100+ countries, allowing users to buy, sell and manage more than 240+ digital ... Read more The post Is Coinbase Safe? Read Before You Sign Up appeared first on Savvy New Canadians ..read more
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How to buy PEPE Coin in Canada
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
9M ago
If you’re wondering where to buy PEPE Coin in Canada, you have come to the right place. PEPE is one of the top meme coins that have gained popularity in 2023. And, though meme coins like PEPE are highly volatile and can experience huge price swings in a short period, they also present opportunities to ... Read more The post How to buy PEPE Coin in Canada appeared first on Savvy New Canadians ..read more
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Best Bitcoin Exchanges in Canada for August 2023
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
9M ago
Canadian Bitcoin exchanges enable you to buy and sell Bitcoin and other cryptocurrencies in Canada.  But, with over 600 crypto exchanges out there, choosing the best crypto trading app may be challenging. This article covers the best Bitcoin exchanges in Canada so that you can choose a popular Bitcoin exchange that fits your crypto needs. ... Read more The post Best Bitcoin Exchanges in Canada for August 2023 appeared first on Savvy New Canadians ..read more
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Is Kraken Legal in Canada?
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
9M ago
In Feb 2022, the Canadian Securities Administrators (CSA) issued tougher rules and guidelines for crypto exchanges to enhance investor protection. That led big crypto players like OKX, Binance, Blockchain.com, and Deribit to exit or plan to exit the Canadian market. It also resulted in many crypto enthusiasts wondering whether Kraken is still legal in Canada. ... Read more The post Is Kraken Legal in Canada? appeared first on Savvy New Canadians ..read more
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10 Cheapest Crypto Exchanges With Low Fees in Canada
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
9M ago
Crypto exchange fees eat into your profits and are one of the most important factors to consider when considering buying cryptocurrency in Canada. Say you want to buy $1,000 worth of Bitcoin on Binance vs Coinbase with a market order. You’ll pay a fee of 0.6% on Coinbase ($6) and 0.1% on Binance ($1). That’s ... Read more The post 10 Cheapest Crypto Exchanges With Low Fees in Canada appeared first on Savvy New Canadians ..read more
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Bitget Proof Of Reserves: Enhancing The Crypto Exchange’s Transparency
Savvy New Canadians » Cryptocurrency
by SavvyNewCanadians Team
10M ago
This post was sponsored by Bitget. All opinions are mine. Many crypto firms collapsed in 2022, but the collapse of FTX came as a surprise that sent shock waves throughout the crypto market, costing investors over $8 billion worth of crypto assets. That significantly eroded user confidence, resulting in more market volatility as crypto investors ... Read more The post Bitget Proof Of Reserves: Enhancing The Crypto Exchange’s Transparency appeared first on Savvy New Canadians ..read more
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Bitget Protection Fund: A $300M Fund To Protect Users’ Assets
Savvy New Canadians » Cryptocurrency
by SavvyNewCanadians Team
10M ago
This post was sponsored by Bitget. All opinions are mine. The Bitget Protection Fund is a great example of how centralized exchanges can protect user funds and build resilience against cybersecurity threats. Security remains a major threat in crypto and DeFi, and a big stumbling block to the adoption of cryptocurrencies as the “future of ... Read more The post Bitget Protection Fund: A $300M Fund To Protect Users’ Assets appeared first on Savvy New Canadians ..read more
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Wealthsimple Crypto Review 2023: Best Crypto Brokerage?
Savvy New Canadians » Cryptocurrency
by Enoch Omololu, MSc (Econ)
10M ago
Wealthsimple Crypto is a top Canadian cryptocurrency trading app that works well for beginners. If you are one of those looking to jump into the cryptocurrency craze, the Wealthsimple Crypto platform is an excellent option for getting started. Other crypto exchanges in Canada include Bitbuy, Coinsmart, Shakepay, NDAX, Newton, and Binance. Cryptocurrency is a volatile ... Read more The post Wealthsimple Crypto Review 2023: Best Crypto Brokerage? appeared first on Savvy New Canadians ..read more
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