Crypto Exchange in Canada

Posts: 121 · #1 - February 14, 2019, 05:10:43 AM

In your opinion, what meaning can be taken from the death of CEO Cuadriga which brought the secret of cryptocurrency digital asset passwords on the crypto exchange in Canada?

Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/crypto-exchange-in-canada/1534/

Posts: 27 · #2 - February 14, 2019, 06:16:50 PM

hello, I am in the world of crypto currency, maybe you can find the right reference for this, and tell us in the forex zone forum clearly what you mean, I think the event you are telling me is news about the future of cripto currensy in exchange for crypto canada.

Posts: 1048 · #3 - February 15, 2019, 12:39:04 PM

Quote from: Vi on February 14, 2019, 05:10:43 AM

In your opinion, what meaning can be taken from the death of CEO Cuadriga which brought the secret of cryptocurrency digital asset passwords on the crypto exchange in Canada?

The crypto world is not as safe as we thought, even crypto can otherwise make us crazy because of the loss of very large assets because crypto is very difficult to predict.

#4 - **Today** at 10:29:00 AM

Posts: 121 · #4 - February 15, 2019, 12:50:38 PM

Quote from: David ace on February 14, 2019, 06:16:50 PM

hello, I am in the world of crypto currency, maybe you can find the right reference for this, and tell us in the forex zone forum clearly what you mean, I think the event you are telling me is news about the future of cripto currensy in exchange for crypto canada.

I only focus on an opinion that I can get from Forumzone. Simply put my question like this, what do you think if your trustworthy Wallet Crypto company owner dies and he doesn't share the important password that stores your Cryptocurrency assets so that it could be a loss for you?

And so I take the example of CEO Cuadriga.

Posts: 188 · #5 - February 16, 2019, 11:52:28 AM

Quote from: Vi on February 15, 2019, 12:50:38 PM

I only focus on an opinion that I can get from Forumzone. Simply put my question like this, what do you think if your trustworthy Wallet Crypto company owner dies and he doesn't share the important password that stores your Cryptocurrency assets so that it could be a loss for you?

And so I take the example of CEO Cuadriga.

I believe exchange should have another means to keep the private key. not just solely with the owner.
I am not sure, how the other exchange taking care of the private key, But giving it only to the owner to know is not a very good choice.

Posts: 121 · #6 - February 16, 2019, 12:13:12 PM

Quote from: ekawahyu on February 16, 2019, 11:52:28 AM

I believe exchange should have another means to keep the private key. not just solely with the owner.
I am not sure, how the other exchange taking care of the private key, But giving it only to the owner to know is not a very good choice.

It should not be important for one person to know the most confidential passwords like that. But in the world everything doesn't go the way it should. Some officials like Cuadriga may have their own considerations as to why he did not share the company's secret key. And I personally say that the CEO is not the type of person who believes in the people closest to him. But who knows what is thought by high-ranking exchanger companies such as Cuadriga.

Posts: 2167 · #7 - March 04, 2023, 02:10:15 AM

Canada has a thriving cryptocurrency market, with several reputable cryptocurrency exchanges available to Canadian traders. Some popular exchanges include Bitbuy, NDAX, Coinsquare, and Kraken. These exchanges offer a variety of cryptocurrencies for trading, as well as advanced trading features such as margin trading and limit orders. Additionally, they have implemented various security measures to ensure the safety of user funds. Canadian traders should be aware of the tax implications of cryptocurrency trading and should consult with a tax professional to ensure compliance with relevant regulations. Overall, the cryptocurrency market in Canada offers ample opportunities for traders to invest and profit from this emerging asset class.