QuadrigaCX is the only Canadian exchange of nearly 20 that has committed to a contingency plan in the event that the bitcoin network splits in two, creating two competing currencies.
These exchanges are now planning to list Bitcoin Unlimited (BU) as they would an alternative cryptocurrency, according to the statement. BU is an alternate implementation of the bitcoin software that seeks to expand the block size in an effort to scale the network’s capacity.
The plan is backed by Bitfinex, Bitstamp, BTCC, Bitso, Bitsquare, Bitonic, Bitbank, Coinfloor, Coincheck, itBit, QuadrigaCX, Bitt, Bittrex, Kraken, Ripio, ShapeShift, The Rock Trading and Zaif – the exchanges would list the BU asset under the BTU or XBU tickers in the event of a network split, which they collectively say “may be inevitable”.
Read the full article here on Coindesk: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
Cryptocurrencies such as Bitcoin and Dash have a big role to play in the future of remittance payments. Cryptocurrencies are easy to transfer across the globe without being hindered by banking requirements. Bitso, one of Mexico’s largest bitcoin exchanges, has created a Mexico-Canada remittance corridor with the help of Paycase. Moving funds from bank accounts between the two countries by using blockchain technology is now an official feature.
Read the full article here: http://thedashtimes.com/2017/03/12/bitso-creates-cryptocurrency-based-remittance-corridor-mexico-canada/
QUEBEX FINTECH Inc. has just launched the first Canadian P2P Bitcoin Exchange at www.Quebex.com. Canadians now have a safer way to buy and sell Bitcoins.
Unlike other P2P Bitcoin exchanges, users who register with Quebex face a rigorous vetting process with many layers of security checks to help weed out bad actors. Since implementing their current verification policy in late 2016, Quebex has seen hundreds of trades without a single instance of fraud.
Quebex is also a federally registered Money Service Business with FINTRAC. Their registration with FINTRAC should reassure clients that we take exhaustive precautions to ensure that the Bitcoins you buy come from legitimate sources. By adhering to these standards and proactively monitoring transactions, Quebex is making Bitcoin trading safer for everyone who uses its services.
A P2P exchange is a marketplace where users can buy and sell Bitcoins directly to and from each other.The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling Bitcoins. Bitcoin prices and fees on www.Quebex.com have traditionally been much lower than on competing sites.
Accepted payment methods include:
InteracTM Online, InteracTM Email Money Transfers, Cash, Wire Transfers, Bank Deposits and PayPal. More payment options are coming soon. Sign up at: Quebex.com
In addition to accepting prepaid non-reloadable credit cards, www.MyBTC.ca now accepts Flexepin Vouchers.
Flexepin vouchers can be purchased with cash or debit at 4,000+ Retail Purchase Locations Canada-wide: https://mybtc.ca/flexepin-voucher-purchase-locations . Once you have purchased your Flexepin voucher featuring a unique 16-digit code, you can redeem it on www.MyBTC.ca to buy Bitcoin immediately.
The central bank of Canada has published a new working paper that suggests its researchers believe digital currency exchange rates will become less volatile should adoption increase.
Penned by researchers Wilko Bolt (of the central bank of The Netherlands) and Maarten RC van Oordt (of the Bank of Canada’s Financial Stability Department), the paper offers a possible “economic framework” for exchange rate analysis. Published on 18th August, it further represents the latest work from a major central bank, following growing interest from this segment of the financial community in recent months. Read full paper here: Bank of Canada Bitcoin Paper
Here are some of the most popular bitcoin ATM locations in the Niagara Region:
The Head Shop Barber Shop – 20 Hartzel Road, St. Catharines
Big Bee Grocery and Food – 5869 Main St, Niagara Falls
If you know of any others feel free to comment and we’ll add them.
MyBTC.ca gives consumers the opportunity to buy Bitcoin in seconds with prepaid non-reloadable credit cards without having to undergo ID verification.
How to Buy?
Step 1 – Purchase a prepaid non-reloadable Visa, MasterCard or Amex credit card sold at several locations near you and thousands nation-wide. Popular retailers include 7-11, Shoppers Drug Mart, your nearest corner store & many more: VanillaPrepaid.ca
Step 2 – On the “Buy Bitcoin” page of www.MyBTC.ca you enter the exact amount of Bitcoin you want to buy or the dollar amount that you would like to process the card for. You are then prompted to enter a Bitcoin wallet address you want to send the Bitcoin to followed by your phone number for mobile PIN verification. Once verified, simply enter your prepaid non-reloadable credit card information, press “Pay”, and your Bitcoin will be sent. It’s that easy! www.MyBTC.ca
Located in Ottawa, Ontario, CanadianBitcoins.com is Canada’s longest-standing, singly-owned Bitcoin Brokerage, having served customers nation-wide for nearly 5 years. With choices ranging from basic accounts for privacy conscious individuals to fully verified accounts, CanadianBitcoins.com customers enjoy many convenient options for the purchase and sale of Bitcoins and Litecoins. Basic Account holders can take advantage of our Cash-in-Office and Cash-Through-Express-Mail transactions, while Verified Account holders have the added benefit of Interac Online, Moxipay, Direct Debit, Direct Deposit and Online Bill Payment. Their office is open all weekdays from 9-5pm EST. 24-7-365 instant purchases are available with Interac Online and Moxipay to established verified account holders.
Triggered by its exponential surge of value and trading volume across cryptocurrency exchanges world-wide, QuadrigaCX has announce the addition of Ether trading pairs on thier platform. This means you can now trade XBT/ETH and CAD/ETH for 0.20% and 0.50% exchange fees, respectively. Zero verification required to fund with XBT or ETH, trade and then withdraw in any supported crypto or fiat currency. Login to fund with XBT, ETH or Trade Now
247exchange.com is a licensed international Bitcoin exchange service. Allows you to buy, sell, exchange Bitcoin and altcoins in Canada offering a big variety of payment and withdrawal options including the instant ones. Accepts credit/debit cards (including prepaid ones), Interac Online, Direct Debit (EFT/eCheck), bank transfers (in both CAD and USD), express cash transfers, etc. The service is easy-to-use, secure and fast. Besides Bitcoin the exchange works with Litecoin, Peercoin, Namecoin. Has 24/7 support. The service is provided by InterMoney Exchange™, the group of financial companies. Join Now: www.247exchange.com