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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.
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.
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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.
