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As April comes to an end, tax season is top of mind for many Canadians. If you’ve bought Bitcoin - or are planning to - you may be wondering how crypto is taxed and what you actually need to report. Here’s what Canadians should know. How Crypto Is Treated in Canada In Canada, cryptocurrency is treated as a commodity. This means your crypto activity may be taxed depending on how you use it. The Canada Revenue Agency (CRA) generally applies two types of taxation: Capital gains

If you’re new to crypto, safety is probably your biggest concern. You’ve likely seen headlines about scams or heard warnings about fraud. So naturally, you might be wondering: are Bitcoin ATMs actually safe? The short answer is yes - when used correctly and with a trusted provider. Here’s what you need to know. The Machine Itself Is Not the Risk A Bitcoin ATM is simply a device that connects you to the blockchain. When used properly, it: • Sends Bitcoin directly to your walle

If you’ve used — or are planning to use — a Bitcoin ATM, you may have noticed something: there are limits. Why do Bitcoin ATMs have limits, and how much can you actually buy or sell? Here’s what Canadians should know. Why Bitcoin ATMs Have Limits Bitcoin ATM operators in Canada must comply with FINTRAC regulations. These rules are designed to: Prevent fraud Reduce money laundering risk Protect customers Ensure proper financial reporting Transaction limits are part of that com

Buying Bitcoin gets most of the attention. But eventually, many people ask the opposite question: how do I sell Bitcoin and turn it back into cash? Whether you're taking profits, covering expenses, or simply rebalancing your portfolio, selling Bitcoin in Canada is straightforward when you use a trusted provider. Here’s how it works. Option 1: Sell Bitcoin at a Bitcoin ATM Some Bitcoin ATMs allow you to sell Bitcoin and receive cash in return. The general process looks like th