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CoinSmart announces the release of its audited consolidated financial statements for the second quarter of 2022 ended 30 June and related management discussion and analysis.
Ethereum may just be the most important cryptocurrency protocol in the world, going by “network utility.“ As things stand, Ethereum is the second largest cryptocurrency in the world by market cap and the OG smart contract platform.
Bitcoin is a digital asset that allows two parties to transact without going through an intermediary. Blockchain technology and a peer-to-peer network allow Bitcoin to easily confirm transactions while preventing double-spending.
During the ETHCC Paris conference, Ethereum co-founder Vitalik Buterin said that after the much-anticipated merge (wherein the protocol will transition from PoW to PoS), Ethereum would be 55% complete. Following that, people started speculating about Ethereum’s development and product roadmap timelines
Soulbinding is a mechanism by which an item gets tied to a player “for life.” You can’t trade or send this item to another player. As such, it has been designed to reduce twinking. You can no longer hand down your leveled-up equipment to your friends and guildmates.
If you have been around crypto for a while, you would be pretty familiar with the word “trilemma.” It seems like every single concept in crypto has a “trilemma” behind it, namely the “scalability” and “stablecoin” trilemmas. Today let’s look at what we mean by both these concepts.
With inflation growing out of control, it is crucial to understand the basics. An old saying goes — inflation happens when too many dollars are chasing too few goods. At its core, inflation/deflation occurs due to a combination of supply and demand factors.
Competition Period: 2022/07/21 10:30 AM–2022/08/02 11:59 AM EST Welcome to CoinSmart’s 2022 Blockchain Futurist Conference Giveaway! We are giving away two pairs of tickets (each
Get $25 in BTC for free when you make a deposit of $500 or more on CoinSmart. Make multiple deposits of $500 or more to earn even more BTC. Offer ends July 31, 2022. Terms and conditions apply.
A DAO is essentially an organization that isn’t controlled by a centralized governance body or a board of directors. Instead, all the decisions within the protocol are made by token holders that use their voting power to vote on various proposals.
Bitcoin has had a rocky few months, to say the least. In 2 months between April 22, 2022, and June 22, 2022, the overall crypto market had lost $1 trillion of its overall valuation. As such, people are frantically searching “Bitcoin dead” on Google. Well, the short answer is – no. Let us tell you why.
Competition Period: 2022/06/20 08:00–2022/06/23 11:59PM EST Welcome to CoinSmart’s 2022 Collision bitcoin draw! We are giving you a chance to win $1000 CAD in Bitcoin
The Glenlivet – an iconic single-malt Scotch whisky from the renowned distillery in Scotland – collaborated with CoinSmart in a unique initiative to support the release of Glenlivet’s 14-year-old whiskey.
CoinSmart has officially joined the Travel Rule Universal Solution Technology (TRUST) to boost its anti-money laundering (AML) efforts. TRUST is a group of crypto companies that have joined a universal standard to address anti-money laundering regulations
Bitcoin is one of the most exciting asset classes in the world. However, it remains misunderstood and shrouded in mystery despite all the mainstream coverage. Today, let’s debunk some of the most prominent Bitcoin myths.
CoinSmart announces the release of its audited consolidated financial statements for the year ended December 31, 2021 and related management discussion and analysis (“MD&A”) and Annual Information Form.
In traditional finance, a “bear market” happens when the overall market cap drops by 20%. However, the exact definition may not apply to a market as volatile as crypto.
You can think of “gas” as the amount of processing power the miners need to complete your operation. So, to compensate for this, you will need to pay miners “gas fees.”
Competition Period: 2022/05/04 09:30–2022/05/04 11:59 AM EST Welcome to CoinSmart’s 2022 Star Wars Meme Contest! We are raffling off $500 CAD of bitcoin to the
Multi-billion dollar companies dominate the internet as we know it today. These companies have an incredible amount of power over the kind of data that goes on their platform. Web 3.0 breaks this monopoly and gives its users the power of privacy and content ownership.
CoinSmart is making cryptocurrency accessible. Becoming a one-stop experience where users have the right tools to play in the crypto space lets us drive this
Competition Period: 2022/04/12 012:00–2022/04/15 11:59AM EST Welcome to CoinSmart’s 2022 Easter egg hunt! We are giving you a chance to win up to $2000 in
Let’s go through our crypto market review for Q1, 2022. The report will focus on Bitcoin, Ethereum Solana, and Cardano. Also includes on-chain and fundamental analysis.
Competition Period: 2022/04/06 08:00–2022/04/09 11:59AM EST CoinSmart is the official crypto trading partner of the Canadian Hockey League! For the 2021-2022 season, we are giving
The partnership agreement includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority stake in the company later this year.
CoinSmart announces the release of its audited consolidated financial statements for the year ended December 31, 2021 and related management discussion and analysis (“MD&A”) and Annual Information Form.
Despite all the good crypto has done so far, it is hard to gloss over the fact that we continue to have some bad actors and negative elements. Today, we will go through the top 5 crypto scams.
Ethereum and Solana have garnered significant attention in the crypto space. Ethereum is already the leading DeFi and smart contract platform and is transitioning into Ethereum 2.0, which is set to make the network more scalable, sustainable and secure once the transition Proof-of-Stake is complete.
Over the last year, both Avalanche and Polygon have raised significant capital and gained a lot of goodwill due to their platform capabilities. Read on to find out more about these two platforms.
Both of these coins have seen significant price movements over the last couple of years and have built up very healthy communities. So, today, let’s compare these two protocols and see how they measure up.
Competition Period: 2022/02/11 04:00–2022/02/14 11:59PM EST CoinSmart has released Polygon and Avalanche on our platform! We want you to fill up your wallet with our
Formerly known as Matic Network, Polygon is the first crypto unicorn based out of India. The company was founded in October 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun.
The “Ethereum-killer” debate has been dominated over the years by the likes of EOS, Cardano, Neo, and Solana. It looks like we have a new contender to the throne – Avalanche (AVAX).
CoinSmart today announced a long-term national sponsorship agreement with the Canadian Hockey League (CHL) to become the CHL’s Official Crypto Trading Partner.
Solana is a smart contract platform run and maintained by the Solana Foundation and Solana Labs. Many have identified Solana as a solid long-term rival for Ethereum due to its higher speeds and significantly lower costs.
Competition Period: 2022/01/14 08:00–2022/01/16 11:59PM EST CoinSmart has released Solana on our platform! We want you to fill up your wallet with our new coin
Competition Period: 2022/01/14 08:00–2022/01/17 12:00 EST CoinSmart has released Solana on our platform! We want you to fill up your wallet with our new coin
This represents a 7% increase compared to October 2021 and was primarily driven by increased trading volume. Toronto, Ontario–(Newsfile Corp. – January 5, 2022) CoinSmart
CoinSmart is only the second platform in Canada to achieve this relief, allowing customers to trade crypto assets directly and securely through a fully regulated platform.
Shiba Inu may have started off as a “joke” memecoin but it has since morphed into one of the most sophisticated ecosystems in the crypto space. Come on and find out more about this popular Ethereum-based token.
Chainlink is a decentralized oracle provider and one of the most significant projects in the crypto space. Chainlink is rightfully known as the backbone of the DeFi ecosystem due to the dependence that many apps have on its network for accurate data.
This holiday season, more is definitely merrier. For a limited time only, we’ve boosted our referral bonus so you can earn C$50 every time you refer a friend to CoinSmart!
Record Cash of 18MM and Crypto Assets of 3MM for a total of $21 Million ($0.35 per share) on Balance Sheet Toronto, Ontario–(Newsfile Corp. –
While Ethereum hosts the lion’s share of these NFTs, platforms like Cardano have stepped up their game in a major way in recent times. So, today let’s find out more about Cardano NFTs.
Cardano has one of the most interesting ecosystems, and staking allows you to participate in it both directly and indirectly. Delegating your stake in these ADA staking pools will enable you to earn very attractive rewards with minimal effort.
Cardano is one of the most significant crypto protocols, and its native token ADA remains hugely popular among investors. Let’s take a look at the top 5 Cardano wallets in 2022 and what they bring to the table.
SMRT Investors! November 2, 2021 culminated years of hard work as CoinSmart finally went public and became listed on the public markets. While it may
In the previous article, we talked about different layer-1 scalability techniques. If you haven’t already, you can check our article on Layer-1 scalability techniques here. So, today, let’s look at the other side of the equation – layer-2 scalability techniques.
Competition Period: 2021/10/15 08:00–2021/10/18 12:00 EST Polkadot has introduced parachain slot auctions and crowdloans—we want to celebrate that AND fill up your wallet. We’re doing
Competition Period: 2021/10/15 08:00–2021/10/18 12:00 EST CoinSmart has released Dogecoin & Polkadot on our platform! We want you to fill up your wallet with our
The lack of scalability is the biggest obstacle that the blockchain space is facing right now. In this two-parter, we will be looking at the various scalability techniques developers are working on to fix this problem.
As a resource in candlestick trending, we can apply the Fibonacci extension for upward price projection or Fibonacci retracement for downward projection. Each support may provide strong resilience and, therefore a potential trend reversal.
Lately, many scammers have been targeting CoinSmart users and cheating them out of their hard-earned money. In this article, we will be looking at the different methods scammers could be using to dupe you.
Competition Period: 2021/09/24 08:00–2021/08/27 16:30 EST CoinSmart and Cardano Canucks will be at Toronto’s Cardano Summit 2021 and we want you to fill up your
Polkadot is one of the most exciting crypto protocols that looks to provide an ecosystem of interconnected blockchains. Polkadot creates this ecosystem by utilizing these components – Parachains, Relay Chain, and Bridges.
Dogecoin is a peer-to-peer, open, and public cryptocurrency that allows users to conduct digital transactions using a decentralized network. However, Dogecoin is truly unique because it’s the OG meme coin named after the Shiba Inu “doge” meme.
Today let’s take the next step in determining more sophisticated patterns that will indicate a bullish or a bearish signal to traders. Namely, triangle, wedge, flag, and head & shoulders patterns.
USDC offers detailed financial and operational transparency, operating within the regulated framework of US money transmission laws. In addition, CENTRE has initiated partnerships with established banking institutions and auditors.
Let’s go through some simple Japanese candlestick patterns today. Don’t worry. We will not be doing anything elaborate. Instead, we will just show you three patterns that you can incorporate into your daily analysis.
The candlestick creation is an ongoing battle between buyers (the bulls) against the sellers (the bears) during a pre-selected time frame. The time frame can be 1-day, 4-hour, 1-hour, 15-min, etc. Read on and find out more about these fascinating patterns.
The cryptocurrency market can be a hard one to gauge, especially if you are a newbie trader. You must have seen all these fancy price
CoinSmart is celebrating Ethereum’s London hard fork—and we want you to fill up your wallet with $ETH! We are hosting two giveaways. You have the chance to win $250 CAD of ETH on Instagram and Twitter, a total prize pool of $500 CAD.
CoinSmart is celebrating Stellar’s seven-year anniversary—and we want you to fill up your wallet with more $XLM! We have two giveaways, both are offering a prize of $100 CAD of $XLM with the potential of an extra $100 CAD on Twitter, totaling $200-300 CAD of prizes, to eligible individuals.
Tokenomics is a fairly broad term that encompasses more than a couple of things. The word, as you can see, is made up of two words. “Token” and “Economics.” We have seen the word quite often during the launch of a new project when in the announcement, there is a segment titled “tokenomics.”
CoinSmart is celebrating Shelley’s one-year anniversary—and we want you to fill up your wallet with more $ADA! We have two contests going on both are offering a prize of 200 $ADA with the potential of an extra 100 $ADA on Twitter, totaling $400-500 $ADA of prizes, to eligible individuals.
Want to know which Canadian cities are looking up Bitcoin more than Toronto and Vancouver? See the top-40 in 2021 here.
CoinSmart is celebrating d=0 day for Cardano—and we want you to fill up your wallet with more $ADA! We have two contests going on both are offering a prize of $100 CAD of $ADA, totally $200 CAD of prizes, to eligible individuals.
At one point, Ripple was the third-largest cryptocurrency in the world, behind only Bitcoin and Ethereum. Today, let’s compare the project with Bitcoin and see how it shapes up to the market leader. Oh, and don’t forget to take the quiz at the end!
The Tether stablecoin is owned and maintained by a company called Tether Limited. Every time a new token is created, the company also has to acquire a Dollar to back the coin. Don’t forget to take the quiz at the end and win free Bitcoin.
Ethereum has been around since 2015 and has become the biggest DeFi platform in the world. EOS entered the market with a lot of hype and was touted to be the “Ethereum Killer.” Let’s see how they fare face-to-face. Oh, and don’t forget to take the quiz at the end to win some free BTC.
Both Cardano and Bitcoin have become two of the most significant cryptocurrencies in the market today. Find out more about these two cryptocurrencies. Also, don’t forget to earn some free BTC by taking the quiz at the end!
We have some great news! Crypto is heating up again but so is the temperature. Beat the heat with our cool mid-summer promotions. Whether you’re
Digital wallets form the backbone of the crypto ecosystem since they store your public address and private key. Depending on what you want to do with your crypto, there are many wallets that you can choose from. Today let’s look into paper wallets. Plus, don’t forget to take the quiz at the end and get free Bitcoin.
A hardware wallet stores your private keys securely. Hardware wallets are offline wallets and are considered safer than desktop, mobile, or exchange wallets because they are not connected to the internet. Find out more in this article. Plus, don’t miss out on getting some free Bitcoin at the end!
Today, we will be looking at two of the most popular coins in the crypto space – Litecoin and Bitcoin Cash. Both coins have been forked off from the original Bitcoin protocol, but for entirely different reasons. Do check out the quiz at the end to win free Bitcoin.
Cardano and EOS are two projects that have built up significant momentum in the market. When it comes to market cap, EOS currently sits much lower than Cardano but shows enormous potential as an alternative for Ethereum in the decentralized applications (dApps) space. Don’t forget to take the quiz at the end to win free BTC!
A lot of debate has been brewing around Bitcoin recently, with most of it centered around the cryptocurrency’s environmental impact and energy consumption. Let’s explore this topic today. Oh, and don’t forget to take the quiz at the end.
If you were active in crypto around 2016-2017, you would be aware of the whole block size drama that led to the split between Bitcoin and Bitcoin Cash. Read up more about these two popular cryptos. Plus, don’t forget to take the quiz at the end and earn some free Bitcoins.
How does Ethereum compare with Cardano? Can Cardano solve the problems that plague second-generation blockchains? What will be the impact of Ethereum 2.0? Find out all this more. Plus, don’t forget to take the quiz and earn free Bitcoins.
Yes, the ultimate crypto showdown is finally here! Can Bitcoin hold onto its throne? Or does Ethereum carry enough punch to knock BTC off? Find out how these two fare against each other. Oh, and don’t forget to take the quiz at the end and some free BTC.
Ripple and Stellar have one goal, to disrupt the financial and cross-border payments. However, both approach their goal in different ways. Read the blog and find out how. Also, make sure that you take the quiz in the end to earn 1,000 SATs.
Stellar is a decentralized peer-to-peer network created by Jed McCaleb. It aims to create a global payment system from the ground up by keeping the masses in mind. Make sure that you take the quiz at the end to earn 1,000 SATs.
As cryptocurrency is rapidly going mainstream, many conservative investors – who are passively buying and holding low-cost ETFs and dollar-cost averaging in an online brokerage account – are equal parts crypto curious and crypto cautious. However, the versatility of crypto makes it ideal for almost any portfolio. Find out more.
EOS finished its record-breaking ICO in 2018 and was poised as one of the biggest “Ethereum killers” in the market. Find out more about EOS.IO and the DPoS consensus algorithm. Do remember to take the quiz at the end!
Ethereum 2.0 is the next stage of Ethereum’s evolution and will be launched over four phases – Phase 0, Phase 1, Phase 1.5, and Phase 2. These phases will bring in exciting features like proof-of-stake and sharding. At the end of the article, take the quiz and earn 1000 SATs
It’s great being a CoinSmart Affiliate! Find our how your stream can make your BIG commissions on crypto. Note: CoinSmart offers services to Europeans & Canadians who are above the age of 18. We are not available to Americans.
Cardano is one of the biggest projects in the crypto space. Find out more about the unique features it brings to the table. At the end of the article, take the quiz to get a chance to win 1,000 SATs.
Refer as many friends as you can to CoinSmart by April 30th, 2021. Make sure that you use your unique invite link from your CoinSmart profile.
For every successful registration, verification, and account funding – you will get $60 credited to your account.
The likes of Lindsay Lohan, Paris Hilton, and Rob Gronkowski have made NFTs a household term. NFTs stand for “non-fungible tokens,” i.e., they are unique and can be considered a “crypto-collectible.” The most popular token standard used for NFTs is “ERC-721.” Come, find out more.
EIP-1559 has become one of the hottest topics of discussion among Ethereum developers and miners. Some say this will be one of the most important upgrades that Ethereum will go through and make the DeFi ecosystem richer than it already is. While others believe the upgrade will rob Ethereum miners of their hard-earned money. Which side of the debate do you fall on?
With Ethereum 2.0 right around the corner, everyone is reading up on proof-of-stake (PoS) and its changes to the ecosystem. As things stand, the transition to PoS is already underway, with Ethereum successfully launching the beacon chain in December 2020. The beacon chain already has 108,544 active validators who have staked around 3.47M ETH tokens. So, as we stand at the cusp of an event that’s been nearly 5 years in the making, let’s take a look behind the scenes.
CryptoCanada has reached 5 000 members! Wow, has it been growing fast. And to celebrate, CoinSmart is giving away hoodies & hats along with many chances at Bitcoin for their Facebook community!
Traditional financial institutions and financial applications of blockchain technology may seem diametrically opposed, but in actuality there is significant opportunity for mutual growth.
Decentralization is a growing trend in our increasingly digital world. Can an entire financial system exist decentralized? Many people believe so. Here’s some factors to consider…
CoinSmart and Cardano Canucks are celebrating the Mary hard fork for Cardano—and we want you to fill up your wallet with more $ADA!
With the stock market crash happening within the first few weeks of the pandemic, it was apparent that the stock market might not be everyone’s cup of tea. This is where cryptocurrency comes in; it is a volatile market with the potential for massive gains.
Within the Cryptocurrency trading world there are a variety of methods or mindsets to buying and selling cryptocurrency. Generally these fall under three types of traders/mindsets; a trader, gamber or a spectator.
Hardware wallets allow you to store your key on a dedicated chip rather than a simple USB or on one’s PC. This allows you to securely transfer private keys, as they are never sent as plain text where it could be susceptible to theft.
As stores, airlines, and distribution hubs brace as they face coronavirus, the gold market has been losing momentum.
Since we have officially seen romance scams enter the crypto space, here are some ways to educate yourself or your loved ones.
If implemented and integrated successfully, India could be a significant model to other developing countries that hope to one day break the bonds of traditional banking and put financial power in the hands of the people.
We wanted to take a minute to share with you what is going on in the crypto market in Canada on the regulation side of things. We will share our view on regulation generally, as well as the view of the current recommended regulations in direct response from the fallout of exchanges like QuadrigaCX and Einstein within the Canadian market.
The fall of Quadriga has become infamous. As the dust starts to settle on this once mighty exchange, its demise is one that may be recalled for generations.
On Feb 5, Judge Wood of the Supreme Court of Nova Scotia granted QuadrigaCX 30 days of creditor protection. The law warrants that a 30-day protection is granted to companies when
Airdrops can be defined as the process whereby a cryptocurrency company distributes cryptocurrency tokens to the wallets of some users free of charge.
COs exploded on the scene in 2017, with several investors turning their donations into millions once the token went live on an exchange. This is the dream sequence for any ICO investor.
You’re probably familiar with Initial Public Offerings or IPOs, but since we’re in the crypto world let’s explore Initial Coin Offering or ICOs. ICOs are the offering of
If you only remember one thing about consensus algorithms, remember that they are what make the blockchain network so secure and decentralized.
Once upon a time, cryptocurrency mining was a hobby that could be taken up by pretty much anyone. University students would have mining rigs set up in their dorm rooms verifying
Cryptocurrency mining celebrates its 10th year of existence this year. What is mining though? It’s somewhat misunderstood as the process of “finding coins”, but it’s more complicated than that.
If you’re just starting off on your crypto journey, you may have heard of the term “mining” being thrown around a lot. Mining in the crypto world doesn’t refer to hard-hatted laborers with coal smeared faces.
Ripple is striving to transform the banking industry into a more internationally connected system. By partnering with Ripple for cross-border payment settlements, banks and merchants are able to.
The name Ripple is gaining a lot of traction in the cryptocurrency world. It promises to fulfill transactions incredibly fast with minimal cost has caught the attention of some major players.
Ultimately, the difference between a public and private blockchain network boils down to who is allowed to participate. This can be crucial based on the scale of the project
At the inception of Bitcoin, cryptocurrency was parroted as a transformative technology ready to change the world for the better. However, in recent years, the dialogue has shifted
You may have noticed a lot of cryptocurrencies popping up in the last year, but did you know the word cryptocurrency refers to both coins and tokens?
In the midst of the 2008 financial crisis, trust in banks and the Federal Reserve was at an all-time low. There were accusations of manipulation and shady dealings being thrown around. Many people
Smarties, we launched a contest (actually 2!) for all of you to celebrate Christmas and the New Year with a chance to win presents from the CoinSmart team! The winner will get
The Christmas season can be a great opportunity to get your family and friends involved in something you feel passionate about, like cryptocurrency
In 200 CE, merchants across the ancient trade routes of the Silk Road were willing to accept a variety of coins. From Roman Emperors to Eastern Gods, these coins had.
No question about it, as far as technological advancement is concerned, we have left our ancestors in the dust. It’s almost comical to think about what someone from the 1800s might do if..
It’s becoming apparent that blockchain technology is far more than just Bitcoin. Across finance, healthcare, media, government, and other sectors, innovative uses are.
DApps or decentralized applications are a revolutionary use of blockchain technology. Essentially, Dapps utilize a peer to peer (p2p) distributed ledger network to establish a decentralized exchange of
Smart Contracts are digitally binding contracts between two or more parties that do not require a central authority for enforcement. Simply put the clauses of any contract contain certain terms and..
The holiday season is upon us and the hustle and bustle of holiday shopping has begun. Online shopping has made it easy to order gifts from the comfort of your home, but
CoinSmart is officially a part of the Telegram Community! Click the article to learn more about our special holiday promo relating to free crypto..
Cryptocurrency can definitely be a wild ride with all kinds of news breaking daily. This article highlights some key events in the crypto ecosystem, including.
The ability to securely store digital assets is pivotal for Bitcoin. Digital wallets store your cryptocurrency like a physical wallet stores cash. The most secure wallets are..
Future Tech Podcast host’s Justin Hartzman CEO, of CoinSmart to discuss the importance of making cryptocurrency accessible by breaking down complex trading barriers…
With the exception of cryptocurrency miners and those who have acquaintances involved in the crypto space, an exchange will likely be your first exposure to the crypto world…
A cryptocurrency wallet is a secure digital wallet that is used to store, send or receive your digital currency. Click the article for a more in-depth understanding!
You can think of cold wallets as a safe and secure way to store your cryptocurrency similar to the way that your real-life wallet stores your Canadian dollars and coins..
As with anything, when you’re new, you’re new. Knowing what commonly used terms mean isn’t always going to be easy. Especially, when technical jargon is thrown in for fun..
As posted in a Medium article by Justin Hartzman. He’s launching a cryptocurrency exchange to help alleviate the frustrations users face daily, and here’s why
Everyone is talking about Bitcoin and cryptocurrency. It seems so complicated. Is it money? is it currency? is it just a piece of code? What is it?
Cryptocurrency is sort of an alias – it doesn’t actually mean “a currency that is cryptographic.” Simply put, it is a digital currency. Not tied to any single country’s economy.
Competition Period: 2021/09/15 8:00 AM — 2021/09/19 5:00 PM (EST) CoinSmart and Cardano Canucks are celebrating new highs for Cardano—and we want you to fill
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