Questions tagged [use]

Davide Fri Mar 29 2024 | 5 answers 1048

I'm a cryptocurrency investor living in Canada, and I'm interested in using Poloniex to trade. However, I'm not sure if it's legal to use Poloniex in Canada. Can you please clarify this for me? I've heard that some crypto exchanges are not available in certain countries due to regulatory reasons. Is this the case with Poloniex? If so, are there any alternative exchanges that you would recommend for Canadian crypto investors? Thank you for your help.

Carlo Fri Mar 29 2024 | 5 answers 1005

I've heard a lot about Wealthsimple and how it's revolutionizing the investing world, but why shouldn't I use it for crypto? After all, it's convenient, user-friendly, and seems to have a solid reputation. What are the downsides of using Wealthsimple for crypto trading that I should be aware of? Are there any specific risks or limitations that make it unsuitable for crypto investors? And if so, what are the better alternatives for managing my crypto assets?

CherryBlossomFalling Fri Mar 29 2024 | 6 answers 1141

I'm quite interested in the world of cryptocurrencies and have been exploring different platforms to buy and sell digital assets. Recently, I heard about Coinbase, which is a popular crypto exchange platform. However, I'm curious to know if there are any countries where Coinbase is not accessible or cannot be used? I understand that due to various regulatory and compliance issues, some platforms might not be available in certain regions. So, I'm just wondering if there's a list or a specific country where Coinbase is not operational. If you could provide me with some insight or point me to a resource where I can find this information, it would be much appreciated. Thank you for your time and assistance!

CosmicDream Fri Mar 29 2024 | 7 answers 1437

I'm really interested in Bitbuy and its services, but I'm not located in Canada. Can I still use Bitbuy to buy and sell cryptocurrencies? I've heard that some crypto platforms are restricted to specific countries, so I'm just wondering if Bitbuy falls into that category. If not, how does the process differ for international users? Do I need to provide any additional information or documentation? And are there any special fees or charges for non-Canadian users? I'd appreciate it if you could provide some clarity on this matter. Thank you!

Daniele Thu Mar 28 2024 | 5 answers 733

Hello, I am a newcomer to the world of cryptocurrencies and have some USDT in my possession. Could you please advise me on what I can do with my USDT? Should I hold on to it, trade it, or use it for some other purpose? I'm a bit confused about how to proceed and would appreciate your expertise in this matter. Thank you.