I was talking to a coworker about Cryptocurrency and telling him why now might be a good time for him to get in and start investing. Only problem is in Canada several banks are starting to restrict Cryptocurrency purchases using both Credit and Debit (i.e. TD Bank). For example using your credit card with Coinbase is almost impossible now for most Canadian banks. Coinbase was one of the primary methods for the average Joe to enter crypto in Canada. Me and several other friends got into cryptocurrency early 2017 because of the ease of access. One of the problems with this is that when my coworker tried to purchase cryptocurrency on Coinbase recently and got rejected he didn't bother trying other avenues. Other not as well known options however do work such as COSS. I recommended he try COSS which added a new FIAT purchasing gateway recently. He was able to successfully deposit USD using COSS and purchased ETH. Anyways the point is that having more FIAT gateways is extremely important so that users have several options of purchasing crypto in case one option doesn't work. We need to do our part and help spread awareness of other FIAT gateways that have worked well for others. Another one for Canadian users that works really well is Coinsquare. So if you're stuck figuring out how to invest in Cryptocurrency give COSS or coinsquare a try!
Submitted May 28, 2018 at 11:14PM
No comments:
Post a Comment