A coin exchange is an online market that offers the same services as an exchange for a coin.
They also allow you to trade coins on an exchange.
(CBC)What you need to know about coin exchange rules in OntarioWhat you can buy and sell in OntarioWhen it comes to coins, Ontario has strict rules that govern their trade.
They include:You can’t sell your coins on the exchange.
If you want to buy something, you must first check to see if you are allowed to do so on the coin exchange.
If you are, you will be told.
You may be asked for a licence to trade.
Your coins can only be traded between you and the person or company offering them.
If the exchange offers you a discount on the coins you are selling, it is considered a “deal”.
This is often done by charging a fee to make the discount more attractive to buyers.
You cannot sell your own coins.
Ontario has strict laws about the trade of coins.
They do not allow anyone to sell coins for money, such as on an online exchange, or buy them at auction.
You can buy coins at a coin exchange and sell them to someone else.
But it’s not allowed to trade a coin for a commodity that is more valuable than the coin.
If the coin is not a currency, such a commodity is called a foreign currency.
There are no limits on the value of the coins in circulation.
You may buy a coin at an Ontario coin exchange but then sell it at another coin exchange for the same price.
If that exchange offers a discount to buy the same amount of coins, the coin may be worth less than the amount you paid.
If your coin is valued at $1,000, you can’t use it for anything other than paying for your coffee.
If a coin is worth more than $1 at an exchange, it’s a deal.
You must use your coins to pay for goods or services.
If an exchange charges you for an item you didn’t buy, it may be considered a trade for the exchange’s currency.
If it’s impossible to buy your coins at an online coin exchange because they’re not allowed by law, you should still get a coin dealer’s licence.