Questions tagged [canada]

17 questions
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Tax implications in Canada of buying and selling Bitcoins?

What taxes should be paid in Canada on Bitcoin transactions? Has anyone gotten official advice on this? Is it relevant whether the Bitcoins were mined, received as payment for services, bought and then sold for a profit, or freely donated? Is it…
Kiv
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MintChip and Bitcoin - how do they compare?

The Royal Canadian Mint announced some time ago a new solution called MintChip, which appears to share some similarities to Bitcoin. How do those two projects differ, and how are they similar?
ThePiachu
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How can I get bitcoins in Canada?

I want to exchange my Canadian dollars for Bitcoins. How can this be done? If it helps I have some American cash.
Celeritas
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Official Canadian source saying bitcoin is not legal tender?

I've been reading a lot that Canada no longer considers bitcoin legal tender. "Only Canadian bank notes and coins are recognized as legal tender in Canada. Bitcoin digital ‘currency’ is not legal tender in Canada,” an official from Canada’s…
Loourr
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How do I buy bitcoins using a prepaid credit card? [Canada]

I live in Canada, I don't have a credit card. I want to buy a prepaid one and but some bitcoins. How can I do this? Or is there a way to use my debit card? Or even go to my bank and do it.
Tanisha
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Canadian bought BTC on cex.io in USD - how do I deal with them to not lose money with CAD-USD exchange rate?

I'm a single mom and was gifted some cash that I decided to try and "invest" haha, in bitcoin and other coins. In my haste to purchase, I signed up for cex.io and funded with my credit card - so I got $300 USD but paid $409 CAD --- I used that USD…
JanerT453
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Is there an updated accurate list of retailers who accept Bitcoin from Canadians?

I'm new to Bitcoin and I wanted to know which retailers/hotels would accept Bitcoin as a form of payment from Canadians. If a site accepts Bitcoin as a form of payment does that mean they accept it from every country or just specific countries…
verve
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How do I get money on and off of harborly?

I signed up for a harborly account but I'm still not quite sure how it works. I would like to buy some bitcoins, but how do I get money onto the site?
Loourr
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How do I start accepting bitcoins legally in Canada?

I own a business and I want to know how to accept bitcoins for payment and whether it is legal to accept them in Canada? For example, if someone pays me 2 bitcoins for a computer, do I need to charge taxes? If yes, do I need to charge 2 bitcoins…
Luc Garant
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Where can I buy Litecoins in Canada?

I'm looking for a good place to buy and sell litecoins in Canada. Does anyone have a good list for reference? I know of Vault of Satoshi and a newer service Harborly, but that's about it.
Connor
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Canadian Taxes for Buying Bitcoins

I saw this post, but it really didn't help me. How should I fill out my tax forms if I am only buying and holding bitcoins, not selling them? This page appears to suggest that I only need to worry about taxes if I profit off of them when I sell…
RootFAIL
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Do you have to pay income taxes on Cryptocurrency in Canada?

Cryptocurrency Will i have to pay the income tax for that? If so, how much will it be? I can withdraw it here and it's not taxed. and then convert to CAD.
soso751953
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I have bitcoins in Poloniex. How do I get them to CANADIAN dollars?

Coin base doesn't allow transfer to a CANADA account and Kraken's authentication is down. it looks like I can get money out of Quadrigacx?? but how do I transfer my bitcoins from Poloniex to Quadrigacx am I totally off and there is another way? I'm…
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Buying bitcoin is easy, but how do you get it back?

I just signed up on coinbase to see how it works. I bought 2$ (CAD) worth of bitcoin. I even managed to change it back into Canadian $. But I don't see any option to withdraw the money. Without the option to withdraw the money at any time, it's…
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How much bitcoin in Canada?

How much bitcoin in Canada? Are there any sources of data or sites where it says how much bitcoin is in Canada or how many wallet addresses are Canada based?
eddie
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