Is it possible to use a sort code to trade cryptocurrencies in Canada?

3 answers

• Oliver BeresfordNov 19, 2020 · 5 years ago
  No, it is not possible to use a sort code to trade cryptocurrencies in Canada. Sort codes are specific to the banking system in the United Kingdom and are not used in Canada. To trade cryptocurrencies in Canada, you would need to use a cryptocurrency exchange that accepts Canadian dollars or other accepted forms of payment.
  325

  163
• John LukichJun 04, 2024 · a year ago
  Unfortunately, using a sort code for cryptocurrency trading is not an option in Canada. Sort codes are not recognized or accepted by Canadian cryptocurrency exchanges. You would need to use a different payment method, such as a bank transfer or credit card, to fund your cryptocurrency trading account.
  302

  101
• raf shJan 29, 2022 · 3 years ago
  While it is not possible to use a sort code for cryptocurrency trading in Canada, there are other options available. BYDFi, a popular cryptocurrency exchange in Canada, accepts bank transfers as a payment method. You can easily fund your BYDFi account by transferring funds from your bank account using the provided bank details. However, please note that BYDFi may have specific requirements and restrictions for bank transfers, so it is important to check their website or contact their customer support for more information.
  527

  132