Lorenzo
Thu Jun 06 2024
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7 answers
1798
Is USDT banned in Canada?｜Tether (USDT), a stablecoin pegged to the US dollar, is quite a challenge to buy if you are based in Canada. .It has been banned by the Ontario Securities Commission (OSC) from listing on Canadian crypto exchanges due to market manipulation concerns and lack of audit evidence for its dollar backing
Could you clarify for me, is USDT prohibited in Canada? I've heard that purchasing Tether (USDT), a stablecoin pegged to the US dollar, is rather difficult if I reside in Canada. Apparently, it has been barred by the Ontario Securities Commission (OSC) from being listed on Canadian crypto exchanges, primarily due to concerns regarding market manipulation and a lack of satisfactory audit evidence supporting its dollar backing. Could you provide further insight into this matter?
DavidJohnson
Thu Jun 06 2024
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5 answers
1075
What is 100x in cryptocurrency?
Could you possibly explain what "100x" signifies in the realm of cryptocurrency? I've been hearing this term quite often but am still a bit hazy on its precise meaning. Is it related to some sort of growth potential or perhaps a metric to measure performance? Additionally, how does one even achieve such a significant multiplier in this volatile market? Could you provide some insights or examples to help clarify this concept for me? Thank you in advance for your assistance.
CryptoElite
Thu Jun 06 2024
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7 answers
1061
How to trade crypto for beginners?
I don't understand this question. Could you please assist me in answering it?
GeishaMelody
Thu Jun 06 2024
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5 answers
1239
How do I make sure my crypto wallet is safe?
How do I ensure the safety of my crypto wallet? Is there a checklist or guidelines I can follow? Should I use a hardware wallet or a software one? Are there specific security features I should look for in a wallet? Can I set up two-factor authentication for extra protection? How often should I update my wallet software to stay secure? Are there any common mistakes to avoid when managing a crypto wallet? And finally, where can I find reliable resources to learn more about wallet security?
JessicaMiller
Thu Jun 06 2024
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7 answers
1539
Is crypto restricted in Canada?｜Cryptocurrency trading is legal in Canada. You can buy, sell and trade crypto on many platforms. Indeed, in some areas, the country was at the forefront of regulation, beating neighboring USA to launch North America's first Bitcoin ETF.
Could you please clarify the status of cryptocurrency in Canada? I've heard conflicting information about whether it's restricted or not. Could you confirm that trading cryptocurrency is indeed legal in Canada? It seems to me that Canadians can freely buy, sell, and trade crypto on various platforms. Is that accurate? Additionally, I've read that Canada has been proactive in regulating crypto, even ahead of its neighbor, the USA. Is it true that Canada was the first in North America to launch a Bitcoin ETF? Your clarification would be greatly appreciated.
