The cryptocurrency exchange Coinbase has expanded its
services to Canada in partnership with Peoples Trust Company. According to the
company’s statement released today (Monday), the collaboration reportedly
allows more users to access digital assets by making transfers
easier in Canada.
The partnership involves
the integration of Interac e-Transfers, a step the cryptocurrency exchange
believes can offer an efficient and secure way to transfer funds. Additionally,
Coinbase’s users would reportedly access membership in Coinbase One. The benefits of the
membership include zero trading fees, staking rewards, and customer
support.
The US-based exchange has praised the growing awareness of cryptocurrencies in Canada. The surge in interest is reflected in statistics indicating
that more than 30% of Canadians plan to invest in cryptocurrencies within a
year. Coinbase believes the positive sentiment could bridge the gap between
crypto enthusiasm and accessibility.
Nana Murugesan, the Vice
President for International and Business Development at Coinbase, said:
“Canada is well positioned to be a global leader in the crypto economy thanks to the high levels of crypto awareness, a passionate local tech
ecosystem, and the progress towards a strong…
