| News, Product

Kraken Brings Bitcoin to Canada


Hey Canada! Great news – you can now buy and sell bitcoins with Kraken! Just create an account from anywhere in Canada, fund it in Canadian dollars, and trade for bitcoin with our new XBT/CAD trading pair. The native CAD funding and trading gives you direct access to the bitcoin market, without being hit by conversion fees to other currencies along the way.

You will benefit from our low trading fees, which go as low as 0.10% for high volume traders and up to 0.35% for less active traders.

Service in Canada is provided in partnership with Calgary-based payment processor, Vogogo Inc. Through the partnership with Vogogo, Kraken will be offering both Interac and EFT payments in Canadian dollars. You can start trading immediately with Interac deposits, which are typically credited to your account within a few minutes after being sent.

The whole Kraken team is excited to bring our leading exchange experience to the Canadian market. In the words of our CEO Jesse Powell, “We see a lot of opportunity for Kraken in Canada and we’re counting on Vogogo’s expertise in risk management and payment processing to make it possible for Canadians to move their dollars safely and efficiently to and from Kraken. We’re looking forward to providing fast settlement and liquidity that will enable the Canadian market for bitcoin and Bitcoin businesses to flourish.”

Clients wanting to get started trading with Kraken should go to https://www.kraken.com to create an account or login.

Read more: