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Wealthsimple crypto is the first way to buy and sell cryptocurrency in canada that's regulated by the government. However, if you don't have suitable proof of id or if you simply value your privacy, there are still some sites where you can buy cryptocurrency without completing a. Wealthsimple crypto is not an exchange itself. When you use cryptocurrency to pay for goods or services, the cra treats it as a barter transaction for income tax purposes. To help you out, we have created this detailed guide to cryptocurrency trading for beginners updated for 2021.
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