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Showing posts from December, 2021

What is Ripple? The Beginner’s Guide To Buy XRP In Canada

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Launched in 2013, XRP aims to complement traditional payments, migrating transactions that occur today between databases controlled by financial institutions to a more open infrastructure. Here's a beginner's guide to buy XRP in Canada . One of the more ambitious cryptocurrencies to go live in the wake of Bitcoin, XRP is notable for a design that sparked continuing discussion about how blockchains can be architected and the use cases they should attempt to address. That’s because the XRP Ledger introduced a new way of operating a blockchain’s transaction and records system, one proponent argues makes it more suitable for regulated entities that must follow strict laws on money transmission. Unlike others the best way to buy Bitcoin in Canada , which allows anyone to contribute computing power to validate transactions and secure the software, the XRP Ledger grants this power only to approved participants. Because nodes do not earn XRP for maintaining a correct version of the led

Ethereum vs. Bitcoin. Here's Your Answer to How to Buy Ethereum In Canada

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Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact. Here's a guide to help you understand how to buy Ethereum in Canada. In the cryptocurrency wars, Ethereum like the diamond of the currencies has both an intrinsic value and an industrial value. Compare this to Bitcoin, which operates like gold with not much industrial value, but people buy it and sell it based on its intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different from Bitcoin, and how to invest in it. It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether. Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet.  Basics Of Ethereum Ethereum is bas

XRP or Ripple? Here’s An Easiest Way to Buy Ripple

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XRP is currently one of the biggest cryptocurrencies in the world. If the name doesn't ring a bell, you might be more familiar with its developer, Ripple. XRP or Ripple is a cryptocurrency that has a strong use case and high-profile financial partnership. XRP has plenty of room to grow. Let’s find out the easiest way to buy Ripple in Canada. However, there are also some obstacles that could hold it back. Before you make it your next cryptocurrency investment, there are several things you should know about it. 1. Ripple is designed for financial institutions When investing in crypto, one of the most important things to look at is a coin's purpose. Many fall short in this area, as they don't have a defined purpose or they don't do anything different from dozens of other coins. XRP is unique in that it's intended for financial institutions and payment services, unlike other cryptocurrencies that are aimed at consumers. In using XRP, banks and other financial companies

How to decide on the best Canadian Crypto Brokerage platform?

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Choosing the best Canadian crypto brokerage platform is an essential step for a digital asset trader. Canadians have access to most international cryptocurrency exchanges, thanks to the Canadian government’s positive approach to blockchain and cryptocurrencies. Since there are so many options, it can be hard to narrow them down and choose the crypto exchange that best suits your needs. This guide aims to help you to decide which is best for you by offering a comparison of the top exchanges currently available for Canadian crypto investors. Keep your specific needs and priorities in mind as you review this list of reputable and secure exchanges. Some offer opportunities to earn rewards; others may offer better possibilities for short-term trade execution, etc. So, before selecting the Canadian crypto exchange of your choice, focus on which trading options and features are likely to best suit your investing style. Is it the best place to buy Ethereum in Canada ? Since the miner is runni

What Is a Bitcoin Wallet? How to own a bitcoin wallet Canada?

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Bitcoin has been the talk of the town, as its value keeps growing and you can see how it is ever changing. Bitcoin, for all its intents and purposes, is a digital currency. It does not exist in physical form and hence cannot be stored physically. In order to store bitcoin, you need a bitcoin wallet. So, how would you own a bitcoin wallet Canada ? Technically speaking, you don’t store bitcoin in the wallet; here’s how it works – every person that owns bitcoin has a bitcoin address, and every bitcoin address can be accessed using a secret ‘private key,’ and this private key is stored in the bitcoin wallet. This allows the user to send, receive and own bitcoin using a bitcoin wallet. How to Get a Bitcoin Wallet? There’s no single way to set up a bitcoin wallet, since there are several different types of bitcoin wallets in existence. In order to understand how you can get a bitcoin wallet for yourself, you need to understand the types of wallets and how effective they are in helping you st

What is Cryptocurrency? Finding out the Best Crypto Exchange Canada

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Cryptocurrencies are just one of many use cases for blockchain, a technology that’s used today in almost any industry you can think of, such as real estate, food supply chains, and retail. But when people talk about the cryptocurrency market, they’re talking about trading cryptocurrencies like Bitcoin, Ethereum, XRP, and thousands of others. And to buy them, there are more methods and places. Let's find out the best crypto exchange Canada for better transactions.  Bitcoin is a cryptocurrency that, like all cryptocurrencies, runs on a technology called blockchain, a publicly available, decentralized ledger. Basically, this is a big database that records transactions. It’s maintained by everyone who uses the network, can’t be tampered with, and all transactions recorded on it are public, for anyone to see. The History of Cryptocurrency The most famous cryptocurrency, Bitcoin, dominates the market, with over 70 percent of the market cap. Its origin story is vague: Its alleged creator