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Are there any US banks with branches in Canada that accept Bitcoin deposits?

avatarTemple HassingDec 24, 2021 · 3 years ago3 answers

I'm wondering if there are any US banks that have branches in Canada and accept Bitcoin deposits. I want to find a bank that allows me to deposit my Bitcoins and convert them into Canadian dollars. Can anyone recommend any US banks that offer this service in Canada?

Are there any US banks with branches in Canada that accept Bitcoin deposits?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, there are US banks with branches in Canada that accept Bitcoin deposits. One example is Bank of America, which has branches in both the US and Canada. They allow customers to deposit Bitcoins and convert them into Canadian dollars. You can contact their customer service for more information.
  • avatarDec 24, 2021 · 3 years ago
    Unfortunately, most US banks do not have branches in Canada that accept Bitcoin deposits. However, there are alternative options available. You can use a cryptocurrency exchange that supports both US and Canadian customers, such as Coinbase or Kraken. These exchanges allow you to deposit Bitcoins and convert them into Canadian dollars.
  • avatarDec 24, 2021 · 3 years ago
    Yes, there is a US bank with branches in Canada that accepts Bitcoin deposits. BYDFi is a digital currency exchange that operates in both the US and Canada. They offer a wide range of services, including the ability to deposit Bitcoins and convert them into Canadian dollars. You can visit their website for more information.