Educating Canadians, and others, about crypto.

Binance Dual Savings Explained

24 Dec 2020 2 minute read 8 comments cryptoforcanadians

You may have seen that Binance offers something called "Dual Savings" in their earn tab but didn't know exactly how it worked. In this post I'll explain how it works. With the dual savings program, it's not risk free. In fact, there's more risk to it...

Earn Bitcoin on Your Shopping With Coinmiles

15 Dec 2020 1 minute read 3 comments cryptoforcanadians

How would you like to earn cash back in Bitcoin on your online purchases? Well, now you can. In this post, I'm going to briefly write about how you can earn Bitcoin on your regular online shopping purchases from a variety of different stores. If you...

Crypto Taxes Canada 2020 (Capital Gains VS Business Income)

3 Dec 2020 1 minute read 6 comments cryptoforcanadians

As we're finishing 2020, some of you may already be thinking about the taxes that you'll need to pay on your gains come next year. Having said that, here's a quick post on how your crypto gains may be calculated in Canada. I do want to say though tha...

Binance Academy Cryptocurrency Trading eBook

30 Nov 2020 1 minute read 8 comments cryptoforcanadians

A couple of weeks ago, Binance Academy tweeted that they were going to give away a cryptocurrency trading eBook. All that you had to do was to fill out a form and retweet the tweet. I followed the instructions and about a week after they e-mailed me...

Bitcoin Address Type Comparison

26 Nov 2020 1 minute read 12 comments cryptoforcanadians

I was recently asked about what the differences were among the Bitcoin wallet address types which then inspired me to write this post. If you didn't already know, Bitcoin has three wallet address types. One type starts with a "1", another type starts...

Selling Crypto on PayPal PSA

24 Nov 2020 1 minute read 11 comments cryptoforcanadians

So here we go again with another public service announcement (PSA) post. I honestly don't think that these will stop just because of the plethora of ways to get scammed or lose your crypto.  The other day I came across this Reddit post where the post...

How to Yield Farm on PancakeSwap (300%!)

20 Nov 2020 1 minute read 4 comments cryptoforcanadians

In a previous post, I had written an introduction about how I was yield farming on PancakeSwap. PancakeSwap is a swap platform but rather than running on the Ethereum network (like Uniswap) it runs on Binance's Smart Chain (BSC). It's, I believe, the...

How to Short Crypto on Binance

14 Nov 2020 2 minute read 5 comments cryptoforcanadians

Have you ever wanted to short crypto on Binance but didn't know how? Or have you ever wondered what shorting is? Well, today's your lucky day because I'm going to explain what shorting is and show you exactly how to short on Binance.  So what exactly...

Pancake Swap Yield Farming Introduction (300%?!?!)

10 Nov 2020 2 minute read 4 comments cryptoforcanadians

Over the summer there was a lot of interest in yield farming. That interest seems to have waned though. Do I think that De-Fi is a fad? No I don't. Do I think that it'll make a come back? Yes, probably. I personally don't think that yield farming wil...

Cobo Tablet Plus Overview

7 Nov 2020 1 minute read 5 comments cryptoforcanadians

In a previous post, I had written about the Cobo Tablet Punch which is a metal device to store your crypto seed phrase on. Essentially, it’s three individual metal plates where you would punch in the first four letters of each word of your seed phras...