{"id":22217,"date":"2023-07-12T08:08:37","date_gmt":"2023-07-12T08:08:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/canadian-crypto-exchange-merger-set-to-create-largest-trading-platform-in-the-country\/"},"modified":"2023-07-12T08:08:37","modified_gmt":"2023-07-12T08:08:37","slug":"canadian-crypto-exchange-merger-set-to-create-largest-trading-platform-in-the-country","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/canadian-crypto-exchange-merger-set-to-create-largest-trading-platform-in-the-country\/","title":{"rendered":"Canadian Crypto Exchange Merger Set to Create Largest Trading Platform in the Country"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

A historic merger in the Canadian cryptocurrency market is about to take place as WonderFi, a Canadian exchange backed by Kevin O\u2019Leary, better known as \u201cMr. Wonderful\u201d from the popular TV show Shark Tank, gets set to join forces with CoinSmart Financial and Coinsquare, two other significant Canadian exchanges.<\/p>\n

Longtime proponent of cryptocurrency O\u2019Leary declares his support for the combination, saying:<\/p>\n

\n
\n
\n
\n
\n
350% or 5BTC + 150 Spins!<\/strong><\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus – 350% bonus on your first deposit up to 5BTC <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\u201cThe world has gone through trauma in crypto. And regulators all around the world now are scrutinizing rogue platforms, rogue broker exchanges, rogue dealers. The amount of investigation occurring everywhere else makes it almost uninvestable. Except for Canada.\u201d<\/em><\/p>\n

O\u2019Leary asserts that the age of \u201crogue\u201d cryptocurrency exchanges is coming to an end and highlights Canada\u2019s supportive regulatory framework.<\/p>\n

Merger Approval and Future Outlook<\/h2>\n

The WonderFi, CoinSmart, and Coinsquare combination intends to become Canada\u2019s biggest cryptocurrency<\/strong><\/a> trading platform. According to a story from The Globe and Mail, the arrangement will be finalized on Monday after receiving the required permission from Canada\u2019s Competition Bureau.<\/p>\n

\n
\n
\n
\n
\n
350% or 5BTC + 150 Spins!<\/strong><\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus – 350% bonus on your first deposit up to 5BTC <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

WonderFi has already made public its decision to end support for the CoinSmart platform and execute layoffs in order to optimize operations in light of the merger. Dean Skurka, CEO of WonderFi, thinks that given the state of the market, consolidation is the best strategy. Skurka states:<\/p>\n

\u201cFrom our vantage point, the best way to move forward with current market conditions is to consolidate and cherry-pick the best aspects of the business. Smaller exchanges are destined to either shut down or get swallowed up by companies like ours, and what we really want is for WonderFi to be Canada\u2019s market leader.\u201d<\/em><\/p>\n

A notable advancement in the nation\u2019s cryptocurrency market can be seen in the combination of these two important Canadian trading platforms. Uncertainty surrounds how this consolidation will reshape the Canadian cryptocurrency sector and might draw in more investors in the upcoming months.<\/p>\n<\/p><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) A historic merger in the Canadian cryptocurrency market is about to take place as WonderFi, a Canadian exchange backed by Kevin O\u2019Leary, better known as \u201cMr. Wonderful\u201d from the popular TV show Shark Tank, gets set to join forces with CoinSmart Financial and Coinsquare, two other […]<\/p>\n","protected":false},"author":34,"featured_media":22218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22217"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22217"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22218"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}