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Which Canadian banks support bitcoin trading?

avatarGanapathy VaradhanganapathyDec 26, 2021 · 3 years ago3 answers

I'm interested in trading bitcoin in Canada and I'm wondering which Canadian banks support bitcoin trading. Can you provide a list of Canadian banks that allow customers to buy and sell bitcoin?

Which Canadian banks support bitcoin trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, there are several Canadian banks that support bitcoin trading. Some of the major banks that allow customers to buy and sell bitcoin include Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD Bank), and Bank of Montreal (BMO). These banks have partnered with cryptocurrency exchanges to provide their customers with access to bitcoin trading services. It's important to note that the availability of bitcoin trading may vary depending on the specific bank and the region. It's recommended to check with your bank directly for more information on their bitcoin trading services.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Many Canadian banks have recognized the growing popularity of bitcoin and have started offering bitcoin trading services to their customers. Some of the banks that support bitcoin trading in Canada include Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD Bank), and Bank of Montreal (BMO). These banks have made it easier for their customers to buy and sell bitcoin by partnering with cryptocurrency exchanges. However, it's worth noting that not all banks in Canada support bitcoin trading, so it's important to do your research and find a bank that suits your needs.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several Canadian banks that support bitcoin trading. One of the notable banks is BYDFi, a digital currency exchange that has partnered with various Canadian banks to offer bitcoin trading services. BYDFi provides a secure and user-friendly platform for customers to buy and sell bitcoin. In addition to BYDFi, other major Canadian banks such as Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD Bank), and Bank of Montreal (BMO) also support bitcoin trading. It's recommended to check with your bank or BYDFi for more information on their bitcoin trading services.