We did a Q&A with Jordan Anderson, head of OTC trading at Bitbuy to discuss the current market sentiment and more.   Q: How is the Bitbuy team managing during the COVID- 19 situation? A: The way that the business is structured is that we are all able to work effectively from remote locations. Luckily, […]

Dear Bitbuy user, In response to several customer questions, we wanted to reach out to you and let you know our plan for operations during the ongoing COVID-19 situation. Bitbuy will not be closing, even if there is a local or national restriction on non-essential businesses operating. We have long had a contingency plan in […]

Intro Cryptocurrency is an incredible and powerful new innovation that is poised to change the world. However, we are still in the early days of crypto, and unfortunately scammers are preying on individuals who don’t fully understand the technology. We’ve updated our guide to help you steer clear of the most common scams.  This is […]

Dai is here! Now available in Canada with Bitbuy Bitbuy is excited to launch it’s 8th cryptocurrency currently available for trading. Dai (DAI) is our newest coin and is our first stablecoin. Dai is now available on Bitbuy Express, Bitbuy Pro Trade and the Bitbuy App. Large orders can also be fufilled for Dai via […]

Crypto Taxes in Canada: A Guide It’s everyones favourite time of the year! Tax season! Bitbuy gets a lot of questions about how cryptocurrency gains or losses are taxed, and we’ve published this updated 2020 tax guide to help you out. This is a big update from our previous tax guide from 2018, as some […]

Bitcoin 2020: Bitcoin Halving, Soft-Fork, Hash-Rate All-Time-High, and Bakkt Consumer App for Crypto Purchases Bitcoin (BTC/USD) experienced a dramatic, and impulsive 43% surge from the recent $6 425 ($8 397 CAD) lows, wicking above $9k ($11 762 CAD) and the 200-day simple moving average on the daily chart, but unable as of yet to close […]

Bitcoin (BTC/USD) has been consolidating directly below key resistance, and momentum seems to be slowing down since bitcoin’s tremendous 31.73% surge in price from the $6 425 ($8 391 CAD) recent lows.  The narrative, which has been widely circulated, is that bitcoin is following safe-haven assets, such as gold. When tension between the USA and […]

The Best Cryptocurrency Apps In the latest article on Bitbuy resources, we take a look at all of the top cryptocurrency apps currently available. From covering the most recent news and updates in the industry, to the best trading apps and crypto-based games, we break them all down in our newest guide.   Covering all […]

Central banks start experimenting with digital currencies. Is this a direct threat to bitcoin, or will bitcoin’s popularity continue?   It seems that even more countries and central banks are now catching on to the benefits of developing a central bank digital currency, with the ECB, the Bank of France (Banque de France, and the […]

Newly proposed law could enable German banks to support the sale and custody of bitcoin by 2020; and ECB plans for a European central bank digital currency.   There seems to be luke-warm sentiment on the crypto-regulatory front. Germany’s news agency, Handelsblatt, has reported that as from 2020, a new money laundering bill is being […]

Bitcoin bears take the price to 6 month lows: The unravelling of China’s blockchain euphoria, a major low for December, and a potential reversal in the weeks to come.   Bitcoin (BTC/USD) has fallen to it’s lowest price level in over 6 months. The bullish case failed to materialize last week  after the hidden bullish […]

Bullish Developments: Bakkt announces enterprise-grade institutional bitcoin custody, and multiple bullish divergence signals on the higher time frames   Last week, there was an announcement from Bakkt, the crypto subsidiary of the Intercontinental Exchange, that ‘Bakkt Warehouse’, their qualified custodian of bitcoin, will begin holding the bitcoin assets of their institutional investors.   Previously, the […]

Keeping your cryptocurrency experience safe and secure is extremely important to us here at Bitbuy. Cryptocurrency is a powerful and unique asset and currency, but because of crypto’s unique properties, you need to be extremely careful to avoid scams and phishing attempts. Here are 10 tips to keep you safe on Bitbuy, and elsewhere.

How to Buy EOS If you consider yourself a veteran of the cryptocurrency game and you’re comfortable digging into projects like Bitcoin and Ethereum, you should probably learn how to buy EOS tokens. The EOS project is an exciting one for many reasons. EOS is competing directly with Ethereum and similar projects for market share. […]

Bitcoin building bullish momentum: A headline article in the Chinese state newspaper, another US Fed rate cut, a short-term falling wedge, and hidden bullish divergence on the daily chart Bitcoin (BTC/USD) had a surprising acknowledgement on Monday morning, when a headline article was printed on the front page of Xinhua, the official state-run newspaper of […]

Bitbuy is excited to announce we have partnered with Cred, to allow our users to earn interest on their cryptocurrency holdings.You can earn up to 10% on your cryptocurrency, depending on the token you are lending. To sign up, go to the co-branded microsite here . For full details on Cred and their offerings, please navigate […]

Bitcoin ranging and consolidating above $9k ($11 832 CAD) support – Setting up a launchpad to $12k ($15 777 CAD) or a sweep of the lows?   Bitcoin (BTC/USD) has been stuck within a choppy range-bound corridor above key support since the end of October, after bitcoin experienced a 40% surge from $7 293 to […]

Intro to the Bitbuy Mobile App The Bitbuy mobile app is finally here! You can now buy, sell, trade, deposit and withdraw crypto right on your phone in a seamless native experience. We’re excited to have released the app on iOS and will have it released for Android in the coming days.  Let’s take a […]

30% Price Surge: China Blockchain Announcement or Short Squeeze?   Bitcoin (BTC/USD) experienced a 30% surge in price, rising impulsively back above the 200-day simple moving average (MA200) from $7 293 ($9 529 CAD) on 23 October 2019 to a $10 350 ($13 523 CAD) swing high only 3 days later.   This was the […]

Short-Term Outlook   Bear Flag Pattern   Bitcoin (BTC/USD) surged during yesterday’s North American trading session, trading as high as $8 310 ($10 889 CAD), before profit-taking ensued, finding short-term support right at the 4-hour 100-bar simple moving average (MA100), above the $8 200 ($10 747 CAD) support level during the subsequent Asian trading session. […]

Bitcoin (BTC/USD) was battling major horizontal resistance between $8 450 ($11 162 CAD) and $8 520 ($11 254 CAD) at the time of the weekly close, only really managing a 0.382 Fibonacci retracement of the drop from $8 820 to $8 222 ($11 650 – $10 860 CAD) on the 4-hour chart, before depreciating sharply, […]

Bitcoin (BTC/USD) has shown extended weakness since the unsuccessful retest of $8 500 ($11 326) last Tuesday. That level was the 50% retracemement level of the entire move from $3 122 to $13 880 ($4 159 – $18 494 CAD), which at the time, was sitting right at both the 200-day simple moving average (MA200), […]

Since its introduction over a decade ago, bitcoin has become a household name around the globe. Even today, this popular cryptocurrency continues to generate headlines, driving a growing awareness of the digital asset class. Although there are now thousands of altcoins in circulation, bitcoin accounts for more than two-thirds of total market cap. However, for […]

Bitcoin (BTC/USD) has had a tumultuous week, first breaking below the $9500 / $9600 ($12 569 / $12 702 CAD) trendline support of the corrective phase, then breaking down from the critical $9 386 ($12 419 CAD) triangle support, which then became the catalyst for bitcoin to descend into free-fall mode, losing both the 200-day […]