Coinbase is losing the ability to service Canadians
Just got this email. Thought I would share with any Canadians out there using Coinbase right now who might have missed it.
Dear valued Coinbase customer,
As of August 1, Coinbase’s Canadian payments provider, Vogogo, will be shutting down its payment processing business. When this occurs, Coinbase will no longer be able to support Canadian EFT transfers, Interac transfers, or the storage of customer CAD on Coinbase.
All customer CAD stored with Coinbase MUST be withdrawn off site or converted to digital currency by July 29th.
If you hold CAD in your Coinbase account, you must liquidate your CAD holdings before July 29th by either: • creating a withdrawal to your linked bank account or • exchanging stored CAD for digital currency. If you are unable to withdraw or exchange your CAD before July 29th, Coinbase will suspend your account and significant fees will be incurred for CAD withdrawals. We are disappointed to lose the ability to offer these payment methods for our Canadian customers and hope to provide additional payment methods in the future. We appreciate your support during this change.
If you have any questions regarding this or would like to contact us, please visit our Support Center.
Submitted July 08, 2016 at 02:01AM by coincards
via reddit http://bit.ly/29kMRiE