According to a Reddit post, Coinbase can now be accessed by Canadian residents through the use of PayPal.
This will be more convenient to traders, as through PayPal one can effectively link his account to a credit card. The feature is currently available for withdrawals, but it is expected that the feature will be available for deposits soon.
Credit purchases are very important as it offers an advantage to Canadian users looking to access the Coinbase platform. As more funds will be able to easily enter the market, it is expected that the cash volume will also impact the crypt prices.
While Canada is a thriving country when it comes to mining facilities, it has not made that many headlines lately for its involvement in the crypto market. The country is also home to a number of groups and organizations which promote the use and development of blockchain. Blockchain Canada is the most prominent of organizations in that matter, consisting of a team of notable members and partners.
The long-awaited and highly anticipated Bitcoin futures platform Bakkt says it has received regulatory approval and is ready for launch.
Complying with regulators could mean the difference between going mainstream and remaining forever on the margins of the global financial system.
Cardano recognises the importance of education to drive the adoption of the Blockchain technology
Samsung’s cryptocurrency wallet, the Blockchain Keystore, has added support for the flagship cryptocurrency Bitcoin according to updated information on the South Korean giant’s website.
Barclays is no longer providing banking services to cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange expanded in Europe.