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Can you use Zelle to buy cryptocurrencies in Canada?

avatarDafne SantosDec 27, 2021 · 3 years ago3 answers

Is it possible to use Zelle, a popular peer-to-peer payment service, to buy cryptocurrencies in Canada? I'm interested in using Zelle for its convenience and ease of use, but I'm not sure if it's supported for cryptocurrency purchases in Canada. Can anyone provide some insights on this?

Can you use Zelle to buy cryptocurrencies in Canada?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    No, Zelle is not currently supported for buying cryptocurrencies in Canada. Zelle is primarily used for transferring funds between individuals within the United States. If you're in Canada and looking to buy cryptocurrencies, you may want to explore other payment options such as bank transfers or using a Canadian cryptocurrency exchange.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Zelle is not available for purchasing cryptocurrencies in Canada. Zelle is mainly used for domestic transactions within the United States. To buy cryptocurrencies in Canada, you can consider using other popular payment methods like Interac e-Transfer or wire transfers to fund your account on a Canadian cryptocurrency exchange.
  • avatarDec 27, 2021 · 3 years ago
    While Zelle is a convenient payment service, it is not currently supported for buying cryptocurrencies in Canada. However, there are several other options available for Canadians to purchase cryptocurrencies, such as using a Canadian cryptocurrency exchange like Coinsquare or Bitbuy, or using a peer-to-peer trading platform like LocalBitcoins.