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Bitstamp Enables Canada-based Customer Deposits
Customers in Canada will be now able to deposit Canadian dollars into their Bitstamp accounts following the exchange's partnership with Vogogo.
Updated Sep 11, 2021, 11:45 a.m. Published Jul 3, 2015, 6:37 p.m. 1 min read
Customers in Canada will be now able to deposit Canadian dollars into their Bitstamp accounts following the bitcoin exchange's partnership with payment processor Vogogo.
According to a company post, funds deposited via eCheck will take up to 5 days to clear into customers' Bitstamp accounts. Deposits, subject to a 1% transaction fee, are subject to a minimum of $1 and a maximum of $250.
Previously, Canada-based customers were only able to deposit funds via international wire transfers, subject to a 0.05% transaction fee.
The announcement follows San Francisco-based bitcoin exchange Kraken's partnership with Vogogo, which will also allow customers in Canada to convert dollars into digital currencies.
Canadian flag image via Shutterstock.
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