Starting today, Coinbase is expanding it’s services to Canada. While Canadian users could previously register and use their wallet and vault services, this latest update allows them to also buy and sell Bitcoins directly and trade between BTC/CAD on the Coinbase exchange.
Canadian users may either directly buy or sell using their bank account through the EFT direct debit service or deposit Canadian dollars into their wallet (also through EFT direct or Interact online), which can then be used to purchase Bitcoin or trade on the Coibase exchange.
CEO Brian Armstrong had the following to say on their recent expansion during an interview with CoinDesk:
“It’s not where we would want to launch first, it’s actually where the partners we have to work with are able to work with us first. But certainly Canada has a huge population of people that are interested in bitcoin that didn’t have easy ways to buy and sell it.”
Right after the announcement was made, several Canadian users reported difficulties while attempting to make their first purchases, namely, the system informed them that the functionality