Canadian Crypto Charts

This article looks at some of the most popular cryptocurrency charts in Canada. It covers the top 10 coins by market capitalization and highlights their price movements over the past 24 hours.

Bitcoin, Ethereum, and Litecoin Price Charts - Canadian Cryptocurrency Prices

Cryptocurrency Price Charts - Bitcoin, Ethereum, and Litecoin

Bitcoin, Ethereum, and Litecoin Price Charts - Canadian Cryptocurrency Prices

Cryptocurrency Price Charts - Bitcoin, Ethereum, and Litecoin

3 Biggest Movers in the Canadian Crypto Market Today

1. Binance

Binance is a Chinese-based cryptocurrency exchange that has seen its market cap jump by over $1 billion in the past 24 hours. This is likely due to the listing of Zilliqa (ZIL) – a new altcoin that is currently the fifth largest by market cap – which was announced early this morning.

2. Circle

Circle is a US-based digital asset company that has seen its market cap jump by over $600 million in the past 24 hours. This is likely due to the listing of Stellar (XLM) – a new altcoin that is currently the fourth largest by market cap – which was announced early this morning.

3. Huobi

Huobi is a Chinese-based cryptocurrency exchange that has seen its market cap jump by over $1 billion in the past 24 hours. This is likely due to the listing of EOS (EOS) – a new altcoin that is currently the third largest by market cap – which was announced early this morning.

How to Read Candlestick Charts for Crypto Trading

Candlestick charts are a type of technical analysis used to look at the price movement of a security. Candlestick charts are made up of two parts, the candle and the surrounding bars.

The candle is the main part of the chart and it represents the price movement of a security over a specific time period. The surrounding bars represent the price movement of the security over the previous and current day.

Candlestick charts are most useful for analyzing short-term price movements.

The 5 Most Popular Cryptocurrencies in Canada

Bitcoin

Bitcoin is the most popular cryptocurrency in Canada. It has been the top cryptocurrency by market capitalization since December 2017.

Ethereum

Ethereum is the second most popular cryptocurrency in Canada. It has been the second most popular cryptocurrency by market capitalization since January 2018.

Bitcoin Cash

Bitcoin Cash is the third most popular cryptocurrency in Canada. It has been the third most popular cryptocurrency by market capitalization since December 2017.

Litecoin

Litecoin is the fourth most popular cryptocurrency in Canada. It has been the fourth most popular cryptocurrency by market capitalization since December 2017.

Dash

Dash is the fifth most popular cryptocurrency in Canada. It has been the fifth most popular cryptocurrency by market capitalization since January 2018.

How to Use Technical Analysis for Crypto Trading

Technical analysis is a method of analyzing price charts to determine trends and patterns. It can help you make informed investment decisions by identifying potential opportunities in the market.

To use technical analysis for crypto trading, you first need to identify the various indicators that are commonly used in this field. These include:

The MACD

The RSI

The SMA

The Bollinger Bands

Once you have identified these indicators, you can use them to analyze the market. You can look for trends and patterns, and use this information to make informed investment decisions.

The Beginner's Guide to Crypto Trading in Canada

Crypto trading can be a very profitable activity, but it can also be a very risky one. Before you start trading crypto, you should read this beginner's guide to crypto trading in Canada to learn the basics.

What is Crypto Trading?

Cryptocurrency trading is the process of buying and selling digital assets, such as Bitcoin, Ethereum, and Litecoin, using fiat currency ( Canadian dollars, euros, etc.).

Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. This makes them attractive to some investors because they believe that cryptocurrencies are immune to the kind of economic volatility that can affect traditional assets.

How Does Crypto Trading Work?

When you want to buy cryptocurrency, you first need to find an exchange where you can trade your currency for the digital asset you want to buy. The exchange will require you to provide your personal information, including your address and bank account number. After you have registered with the exchange, you will be able to buy and sell cryptocurrencies using your account.

When you want to sell cryptocurrency, you first need to find an exchange where you can trade your digital asset for fiat currency. The exchange will require you to provide your personal information, including your address and bank account number. After you have registered with the exchange, you will be able to sell cryptocurrencies using your account.

How Can I Trade Crypto?

There are a few different ways you can trade crypto:

1. Buy and Hold: This is the simplest way to trade crypto. You simply buy a digital asset and hold on to it until you want to sell it. This is the most risk-free way to trade crypto, but it can also be the least profitable.

2. Day Trading: Day trading is a more aggressive form of trading. You buy a digital asset and sell it immediately, hoping to make a profit by buying it back at a lower price later on. This type of trading is risky because you could lose all your money if the market price of the digital asset changes quickly.

3. Cryptocurrency Arbitrage: Cryptocurrency arbitrage is the process of taking advantage of price differences between two or more cryptocurrencies. For example, you might find a digital asset that is trading at a higher price on one exchange than on another. You can then use your capital to buy the digital asset on the higher-priced exchange and sell it on the lower-priced exchange, making a profit.

4. Mining: Mining is the process of using your computer to solve complex mathematical problems in order to create new cryptocurrency. This process is slow and can be expensive, so it’s not usually a good option for day trading.

5. ICOs: An Initial Coin Offering is a type of cryptocurrency sale in which a company sells tokens that give holders rights to participate in future profits or services from the company. ICOs are often controversial because they can be used to raise money without having to disclose any information about the company or its products.

What Should I Do If I Lose My Bitcoin or Ethereum?

If you lose your Bitcoin or Ethereum, you should immediately stop trading them and contact the exchange where you traded them to ask for a refund.

The Different Types of Crypto Exchanges Available in Canada

There are a variety of crypto exchanges available in Canada, and they all have different features and advantages. Here are the different types of exchanges available in Canada:

1. Canadian Bitcoin Exchange (CBE)

Canadian Bitcoin Exchange is the most popular crypto exchange in Canada. It offers a wide range of features, including access to over 100 cryptocurrencies and 24/7 customer support. CBE also has a wide range of payment options, including bank transfers, wire transfers, and debit cards.

2. Kraken

Kraken is a well-known crypto exchange based in the United States. It offers a wide range of features, including access to over 190 cryptocurrencies and a user-friendly platform. Kraken also has a good customer service team, which can help you with any questions or issues you may have.

3. QuadrigaCX

QuadrigaCX is a Canadian crypto exchange that offers a wide range of features, including access to over 100 cryptocurrencies and 24/7 customer support. QuadrigaCX also has a user-friendly platform and a good customer service team.

4. Gate.io

Gate.io is a Chinese crypto exchange that offers a wide range of features, including access to over 190 cryptocurrencies and 24/7 customer support. Gate.io also has a user-friendly platform and a good customer service team.

9 Tips for Safe & Secure Crypto Trading in Canada

1. Do your research. Before you start trading cryptocurrency, make sure you understand what you’re buying and how it works. Familiarize yourself with basic concepts such as blockchain, mining, and wallets.

2. Always keep a safe backup of your cryptocurrencies. Make sure to keep a copy of your private key(s) and wallet address(es) in a secure location. If something goes wrong, you can always restore your account using the backup.

3. Use a reputable cryptocurrency exchange. Make sure to use a reputable cryptocurrency exchange that has been accredited by the Canadian Securities Administrators (CSA). This will ensure that your investments are safe and secure.

4. beware of scams. Be vigilant when trading cryptocurrencies, and be sure to do your research before investing. Avoid scammers who offer fake investments or products.

5. be patient. It can take some time to get used to the new world of cryptocurrency trading. Don’t let sudden price swings disrupt your plan of action.

6. be patient with your investments. Cryptocurrencies are volatile and can go up or down in price quickly. Don’t get too attached to one coin or another, and be prepared to take profits or losses as the market moves.

7. keep an eye on your credit score. When you invest in cryptocurrencies, your credit score may be affected. Make sure you understand the implications of using cryptocurrency before investing.

8. be careful with online scams. Many scammers are targeting Canadians through online ads and emails. Be vigilant when clicking on links or opening emails, and be sure to never give away personal information such as your bank account number or credit card numbers.

9. report any suspicious activity. If you notice any suspicious activity involving your cryptocurrency account, please report it to your financial institution or the Canadian Securities Administrators (CSA).

The Most Common Scams & Frauds in the Canadian Crypto Scene

Bitcoin & Cryptocurrency

1. Bitcoin & Cryptocurrency Scams

The most common scams in the Canadian crypto scene involve people trying to sell Bitcoin and other cryptocurrencies without actually having any of the digital currency. These scams often involve people promise high returns on investment, but then never deliver on their promises.

2. Cryptocurrency Pump & Dumps

Cryptocurrency pump and dumps are another common scam in the Canadian crypto scene. These scams involve people selling large amounts of cryptocurrency in order to drive up prices, only to then sell off their holdings once the price has gone up. This can lead to big losses for those who get caught in the middle.

3. Ponzi Schemes

Ponzi schemes are another common scam in the Canadian crypto scene. These scams involve people promising high returns on investment, but then actually using the money collected from new investors to pay off earlier investors. This can lead to people losing a lot of money very quickly.

How to Protect Yourself from Crypto Hackers & Thieves

When it comes to cryptocurrency, hackers and thieves always seem to be one step ahead. That’s why it’s important to take some basic steps to protect yourself from these threats.

1. Always use a strong password

One of the most important things you can do to protect yourself from crypto hackers and thieves is to use a strong password. Make sure your password is at least eight characters long and includes different characters from both uppercase and lowercase letters, digits, and symbols.

2. Do not reuse passwords

Another important step is to never reuse passwords. If a hacker gets access to your login information, they can use that information to access other accounts as well. Always create a new password for each account you create.

3. Keep your computer security up to date

One of the most common ways hackers access personal information is by infiltrating your computer through vulnerabilities in your computer’s security. Make sure you keep your computer security up to date by installing the latest software updates and using a firewall to protect your computer from online threats.

4. Use two-factor authentication

Two-factor authentication is another way to help protect your online accounts from theft. This means you’ll need to provide both your username and password when logging in, but you’ll also need to enter an additional code sent to your phone or other trusted device.

5. Don’t share your personal information

One of the biggest mistakes people make when it comes to cryptocurrency is sharing their personal information. Never give out your personal email address, password, or other personal information to anyone you don’t trust.

A Beginner's Guide to Canadian Cryptocurrency Taxes

Cryptocurrencies are becoming more and more popular, but many people don’t understand the tax implications of trading and investing in them. This beginner’s guide will help you understand the basics of Canadian cryptocurrency taxation.

What is a cryptocurrency?

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.

What are the tax implications of trading and investing in cryptocurrencies?

Cryptocurrencies are treated as property for tax purposes. This means that you may have to pay taxes on the profits you make from trading and investing in them. You will also have to pay taxes on any mining fees and other related income.

How do I calculate my cryptocurrency taxes?

The easiest way to calculate your cryptocurrency taxes is to use a cryptocurrency tax calculator like CoinTracking.com. You can also consult a tax specialist or accountant to get more detailed advice.