Coinbase announced its “official launch” in Canada, following the integration of Interac payment rails for all Canadian users.
its “official launch” in Canada, following the integration of Interac payment rails for all Canadian users.
The integration, in partnership with Peoples Trust Company — part of Peoples Group — was the most requested feature by Coinbase’s Canadian users,to a statement. The feature makes it easier for Canadians to deposit and withdraw Canadian dollars in and out of their Coinbase accounts. Depositing funds via Interac is free and almost instant, Coinbase said.
Coinbase’s official entry also introduces its Coinbase One subscription product with a 30-day trial providing access to zero trading fees, boosted staking rewards and priority support. Direct bank transfers are also planned for later this year,Coinbase said Canada was the world's third-most crypto-aware nation, which it sees as its next “go deep” market.
“Canada is well positioned to be a global leader in the crypto economy thanks to the high levels of crypto awareness, a passionate local tech ecosystem and the progress towards a strong regulatory framework,” Coinbase's International and Business Development Vice President Nana Murugesan said.
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