For more information about LocalBitcoins, read our full LocalBitcoins review. Decentraland is creating a blockchain-based alternative to Second Life. A representative stated that the bank does not allow their customers to buy cryptocurrency with their credit cards. Joel Frenette Joel Frenette 21 2 2 bronze badges. Home Questions Tags Users Unanswered. Some various Canada-based credit unions may allow cryptocurrency transactions, but others apparently do not. Active 5 years, 4 months ago.
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Last updated: 11 August Buying Bitcoin is easier than you might think. The two main ways of buying Bitcoin are to find a Bitcoin broker and purchase directly, or to visit a cryptocurrency exchange and buy Bitcoin on the open market. This is our quick guide to just one way to buy Canadx. Compare some other options in the table .
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Buying Bitcoin with a Canadian Bank Account
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Paxful and LocalBitcoins use the same exact fee schedule. Or even go to my bank and do it. A few days prior, a Reddit user that claimed to work at Bank of Montreal had posted a screenshot of an internal email. Essentially, peer-to-peer crypto exchanges are virtual marketplaces that let crypto sellers from all over the planet do business with anyone with an internet connection. We regret any inconvenience this may cause. Coinbase Vs. This lack of privacy creates an obvious security issue, because criminals can use the public information contained in the bitcoin blockchain to their advantage. Yes, I am Canadian and I have used both these services: www. Paxful is nearly identical to LocalBitcoins. A representative stated that the bank does not allow their customers to buy cryptocurrency with their credit cards. In March, an NBC customer asked the bank about cryptocurrency and posted the response they allegedly received to Reddit :. The worst bank if you are a regular cryptocurrency trader is Bank of Montreal. View all posts.
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