Dear VirgoCX Users, We have something exciting to share! VirgoCX has enabled the auto-deposit feature! You can now deposit CAD instantly to your account via INTERAC e-Transfer! How to Fund Your Account Instantly with INTERAC e-Transfer 🐾 Step 1 – Log into your Canadian financial institution’s online banking portal and begin the e-Transfer process. 🐾
By now, we’re sure you’ve heard all about Bitcoin and the wonderful world of cryptocurrency (why else would you be here?). But if you didn’t already know, Bitcoin is the world’s oldest and most enduring cryptocurrency. It is the first digital currency to utilize the technology known as the blockchain, allowing it to be completely
Bitcoin (BTC) and Ethereum (ETH) are the two most popular cryptocurrencies. In this article, we are going to look at what exactly differentiates these two. According to CoinMarketCap, there are more than 9,000 cryptocurrencies in existence as of early 2021. For new traders, it makes diving into the world of digital assets overwhelming and downright confusing.
There is a lot of buzz around bitcoin, and it has attracted a significant amount of interest from crypto-enthusiasts and institutional investors. However, despite the interest in cryptocurrency, there are several misconceptions about bitcoin and its nature, security, and technology. Even a simple question like “What is Bitcoin?” could evoke a confused response.
Non Fungible Tokens, or NFTs for short, are creating waves in the cryptocurrency and traditional finance world. NFTs have surged in popularity, with the industry’s market capitalization rising from $31 million in 2017 to more than $310 million at the end of 2020. Let’s take a quick look at NFTs and how they are changing the cryptocurrency space.
Ethereum was launched in 2015 as a blockchain-based, open-source, decentralized software platform. It enabled the building, testing, and launching of smart contracts and decentralized applications (dApps). Ethereum allows the dApps and smart contracts to run without any interference or influence of third parties. Keep reading to stay up-to-date with Ethereum news.
Many Canadians are looking into what they can do with cryptocurrency. But there are a few important things you must do first. In fact, here are the ten most important things you need to know before checking the Bitcoin price in Canada.
With Ethereum reaching an all-time high last week and DeFi (decentralized finance) becoming a multi-billion dollar sector, Ethereum has recently received a lot of attention. Let’s take a closer look and familiarize ourselves with one of the most exciting projects in the decentralized space and learn how to buy Ethereum in Canada.
With the income tax season upon us, cryptocurrency holders are scrambling to determine how much they will be taxed on their crypto gains. As per the Canada Revenue Agency (CRA), Canadian taxpayers are liable for paying taxes on their crypto (such as bitcoin) as either capital gains or income tax, depending on whether their activity is personal or business.
VirgoCX engaged Huayan CPA Professional Corporation to perform a “Proof of Reserve” (PoR) audit. The report looked at all aspects of our business including Ledger Vault, security practices and asset-liability ratio to ensure VirgoCX was operating as transparently and compliantly as possible.
Though concepts like blockchain technology or bitcoin sound baffling, buying bitcoin in Canada is easier than you think. If you’re new to this world and want to buy bitcoin and learn more about it. You’re in the right place! So keep reading, and let’s turn you from a nocoiner to a bitcoiner!
Crypto OTC works similarly to the traditional financial OTC markets. OTC refers to Over-The-Counter, and it means you directly negotiate and trade with brokers rather than trading on an exchange or other purely digital trading platforms. It is popular among individuals and institutions who wish to settle large orders quickly.