Cryptocurrency Q&A

emma_anderson_scientist Fri Mar 29 2024 | 7 answers 1647

I've been hearing a lot about Binance, the world's largest cryptocurrency exchange, but I'm still not sure if it's safe to keep my money there. After all, we've seen so many hacks and security breaches in the crypto world in the past. Can you give me some insights on the safety measures Binance takes to protect its users' funds? Are there any specific security features I should look out for when using Binance? I'd appreciate your expertise in this matter.

CryptoAlchemy Fri Mar 29 2024 | 5 answers 948

Could you please clarify how much Revolut levies for withdrawing cryptocurrencies? I'm considering using their services for my crypto transactions, but I'm uncertain about the associated fees. Are these fees fixed or variable, and are they dependent on the amount withdrawn or the type of cryptocurrency? Also, are there any additional charges or hidden fees that I should be aware of? Your expertise in this field would be greatly appreciated.

Bianca Fri Mar 29 2024 | 7 answers 1695

I'm curious about Canada's regulations regarding cryptocurrencies. Specifically, is there a limit of 30,000 Canadian dollars on the value of cryptocurrencies that can be traded or held by individuals in Canada? I've heard rumors about such a limit, but I'm not sure if it's true. Could you please clarify this for me? It would be greatly appreciated if you could provide me with some official sources or references to back up your answer. Thank you in advance for your help!

KpopHarmonySoulMate Fri Mar 29 2024 | 7 answers 1320

I'm interested in investing in cryptocurrencies, and I've heard of Coinbase as a popular platform. However, I'm not sure if it operates in Canada. Could you please clarify if Coinbase is available in Canada and if it's a reliable option for crypto trading? Also, if there are any specific regulations or limitations for Canadian users, I'd appreciate it if you could provide some insights. Thank you for your help!

TaegeukWarrior Fri Mar 29 2024 | 7 answers 1517

I've been hearing a lot about cryptocurrency lately, and I'm considering getting into it. But I'm a bit confused about where to store my crypto. Is it safer to keep it in an exchange or in a wallet? I've heard that exchanges can be hacked, but I'm also worried about losing my private keys if I use a wallet. What's the best option for someone who's just getting started in crypto?