WEB3
by BSCN
August 14, 2023
The integration of Interac payment rails enables smooth deposits and withdrawals of Canadian dollars to and from Coinbase wallets through Interac e-transfers.
SUMMARY
In a major stride towards global crypto domination, Coinbase has formally announced its entrance into the Canadian market. With the integration of Interac payment rails and key partnerships in banking and payment sectors, the popular exchange is enabling seamless fund transfers. This momentous move is accompanied by the launch of Coinbase One, with a complimentary 30-day trial, featuring zero trading fees, enhanced staking rewards, and priority support for Canadian users.
The exchange’s roll-out of Interac payment rails allows seamless deposit and withdrawal of CAD funds to and from Coinbase wallets through Interac e-transfers. In addition, Coinbase plans to enable direct bank transfers over EFT later this year, ensuring seamless deposits, withdrawals, and increased daily transaction limits.
Coinbase’ decision to dive into Canada's vibrant crypto landscape was driven by Canada’s fervent local tech ecosystem, alongside its strides in establishing a robust regulatory framework.
With an established Canadian tech hub boasting nearly 200 employees, Coinbase underscores its commitment to nurturing the local crypto community. The company's investments in Canadian startups through Coinbase Ventures emphasize its dedication to innovation and entrepreneurship in the crypto space.
As Coinbase opens its doors to Canadian users, the move signifies a crucial milestone in the company's mission to provide global economic empowerment through cryptocurrencies.
Latest News
13h : 57m ago
Baby Doge Coin Hits All-Time High, Surpasses $1B Market Cap
15h : 42m ago
Floki Launches Crypto Debit Card in 31 European Countries with Mastercard Partnership
17h : 12m ago
Crypto Investment Products Shatter Weekly Inflows Record with $3.85B
December 9, 2024
SushiSwap Unveils Ambitious 2025 Product Launches, Expanding DeFi Ecosystem
December 9, 2024
Amazon Faces Decision on Bitcoin Investment After NCPPR Proposal
December 7, 2024
Weekly Article Recap: 12/02-12/06
December 6, 2024
Florida Plans Strategic Bitcoin Reserve Using $1.85B from Pension Fund
December 6, 2024
Who is the Upcoming White House AI and Crypto Czar, David Sacks?