Issue #114 September 17th, 2020   Bitbuy Platform Announcements XRP – Spark/Flare Fork Support Bitbuy will not be supporting the Spark/Flare XRP fork. We recommend all users withdraw with XRP to a personal wallet that will support the fork in order to claim your tokens.To withdraw XRP, follow the instructions in this article. Bitbuy to Bitbuy […]

  Issue #113 September 10th, 2020   Weekly Market Movement Analysis: Crypto had a bounce back after an overall sudden drop the previous week. Bitcoin briefly dropped below $10,000 USD ($13,168 CAD) but has since recovered to hold $10,300 for the past 48 hours. Much to the chagrin of the ‘non-correlated’ crowd, the sudden crypto […]

Weekly Market Movement Analysis: Crypto had a an up and down week,  with the largest decrease seen in the past 24 hours which saw most coins retrace at least 5%. In the 7 day trading period, only ETH remained in the green. Big Story Of The Week   Surprisingly, BTC Dominance Is Seeing Its Most […]

Issue #111 August 27th, 2020   Weekly Market Movement Analysis: Crypto had a volatile week overall, with most major coins settling with a double digit weekly loss over the past 7 day period. Many expect the volatility to continue following this mornings address on inflation by Jerome Powell, chairmain of the US federal reserve. SEE […]

Issue #110 August 20th, 2020   Weekly Market Movement Analysis: Crypto saw modest gains across the board over the past week, with some coins such as EOS and Litecoin posting double digit gains. Spot volumes increased week over week to retrace levels seen during July. SEE LIVE CRYPTO PRICES>> New On Bitbuy Resources You may […]

How to Get DeFi Tokens in Canada Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or token. The opinions expressed in this piece are those of the writer, and not of Bitbuy. DeFi tokens specifically can […]

Issue #109 August 13th, 2020   Weekly Market Movement Analysis: Crypto saw a dip overall in the 7 day period, mostly happening in the past 48 hours. ETH saw its first weekly decline in over 5 weeks, and BTC only saw its 2nd decline in that same time period. Volumes dipped slightly as well, yet […]

Issue #108 August 6th, 2020 Weekly Market Movement Analysis: Crypto saw yet another week of steady gains almost across the board. Ethereum continued to lead the charge with a 22% weekly gain, as DeFi token swaps often requiring ETH have surged in popularity. Spot volumes are at some of their highest levels of 2020. Big […]

Weekly Market Movement Analysis: Crypto finally saw some upward movement after weeks of stagnation. Altcoins led the way with Ethereum up 12.62% over the 7 day period. Many DeFi also saw large gains. Big Story Of The Week After A Period Of The Low Volatility, Crypto May Have Recently Awakened With Bullish Fundamental Arguments Continuing To Stack […]

Weekly Market Movement Analysis: Crypto again had a relatively flat week, with spot volumes well below averages we saw in May and June. Altcoins continued to see the most momentum with XLM up over 5% on the week. Big Story Of The Week Dogecoin, An Obscure Cryptocurrency With A Unique Culture And Community, Has Saw A […]

Background Bitbuy has always been laser focused on being a secure and compliant platform for Canadians. Since selling our first bitcoin in 2016, we have continued to find ways to promote transparency for our clients. As many people are certainly aware, Canadians have been hit hard with series of scandals and exchange shutdowns in the […]

  Weekly Market Movement CLICK HERE FOR LIVE PRICES>> Weekly Summary:   Many altcoins saw decent gains through the past 7 day period. Of the coins available on Bitbuy, XLM saw the most upward movement with more than a 36% 7 day gain. BTC remained relatively stable throughout the week. Big News Of The Week   […]

    Weekly Market Movement CLICK HERE FOR LIVE PRICES>> Weekly Summary: With some exceptions, most popular cryptocurrencies are slightly down or flat across the board over the 7 day period. Spot volumes continue to trend downwards, as the market remains quiet in terms of volatility for the third straight week.   Big News Of The […]

  Weekly Market Movement   CLICK HERE FOR LIVE PRICES>>Weekly Summary: Crypto across the board is down slightly over a 7 day period, although coins are modestly up in the past 24 hours. Overall, it was a week of low volatility for most assets, and therefore lower overall volume. Big News Of The Week This Week, […]

  Weekly Market Movement CLICK HERE FOR LIVE PRICES>> Weekly Summary: Crypto is marginally lower than 24H ago across the board. Most major coins have seen a modest 3-7% decline in the 7 day period. Spot volumes are an abysmal 30% of the 30-day average.   Big News Of The Week The Percentage Of BTC Unmoved […]

Intro To DeFi, Protocols For Crypto Finance   Decentralized Finance has been an emerging part of the crypto finance economy, building a huge fan following since it started emerging in early 2019. 2020 brings even more promising developments that can change the core operating model of the financial sector. If you aren’t familiar with what […]

Bitbuy announces partnership with Knox, creating first 1:1 insured Bitcoin platform Bitbuy has entered into a partnership with Knox, an institutional Bitcoin custody provider with a comprehensive insurance policy. The partnership, which allows Bitbuy users to store their bitcoin holdings in an offline vault with insurance up to the full value of the holdings, marks […]

  Bitcoin is considered by many to be digital gold. Yes, it was originally meant to be an alternative to fiat currency when the blockchain mined its genesis block back in 2009. However, what the world has learned over the last 12 years since the whitepaper was published is that many people treat it as […]

Bitcoin’s first transaction occurred in January 2009 and ever since that time, it’s done nothing but endure several dips in the stock market, many changes impacting world governments both big and small, and a slew of detractors who constantly pronounce Bitcoin dead while extolling the virtues of more traditional central authority-style currencies and policies. Here […]

The Third Bitcoin Halving Event: What Does It Mean for the Future? The next Bitcoin halving event is coming up in May. With so much uncertainty surrounding financial markets thanks to the COVID-19 epidemic and the supply of Bitcoin about to cut down to 6.25 bitcoins per block, there is arguably no time more interesting […]

Jordan Anderson is the Chief Operating Officer of Bitbuy, where he oversees sales, marketing, and customer experience. He is responsible for delivering strategy and direction to Bitbuy clients and scaling the business through operational excellence. His experience in cryptocurrency dates back to 2014 when he co-founded InstaBT. Currently, Bitbuy has 15 staff, has served over […]

Dear Bitbuy user, In response to several customer questions, we wanted to reach out to you and let you know our plan for operations during the ongoing COVID-19 situation. Bitbuy will not be closing, even if there is a local or national restriction on non-essential businesses operating. We have long had a contingency plan in […]

***WARNING**** Please ensure you understand the following before funding your Bitbuy account: Bitbuy is NOT affiliated with any third-party investment platforms or investment brokers/advisors, such as forex brokers, binary options traders, bot trading platforms, cloud mining etc. Bitbuy will NEVER call, text, or email you offering investment advice, and is not affiliated with any companies […]

Crypto Taxes in Canada: A Guide It’s everyones favourite time of the year! Tax season! Bitbuy gets a lot of questions about how cryptocurrency gains or losses are taxed, and we’ve published this updated 2020 tax guide to help you out. This is a big update from our previous tax guide from 2018, as some […]