CoinBase Expands To Canada With Vogogo

Coinbase expanded operations into Canada on August 31, making the exchange accessible to Canadian citizens and enabling them to trade CAD/BTC pairs. As part of the launch, Coinbase is waiving retail c

By Ray Crawford·31 August 2015·1 min read

Key Points

Coinbase expanded operations into Canada on August 31, making the exchange accessible to Canadian citizens and enabling them to trade CAD/BTC pairs.
As part of the launch, Coinbase is waiving retail c

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The expansion required a partnership with Vogogo, a payment processor based in Canada. Vogogo manages the regulatory and compliance requirements necessary to operate in the Canadian market, while also providing the infrastructure that lets customers move money from their bank accounts to Coinbase. The processor received $12.5 million in recent funding and has worked with other Canadian cryptocurrency exchanges.

Coinbase described the move in a blog post: "We're pleased to announce the expansion of Coinbase services to Canada. As of today, our customers in Canada can buy and sell bitcoin with CAD using our Buy/Sell service, as well as trade the BTC/CAD currency pair on Coinbase Exchange."

While Coinbase's blog announcement didn't name Vogogo, both a representative from Coinbase and Vogogo's own press release confirmed the partnership arrangement.

The Canadian launch marks another milestone in Coinbase's geographic expansion. The exchange now serves customers across 27 countries, with a concentration of operations in Europe and North America. The company is offering $1,000 in bitcoin to the team that best uses its API at Hack the North, a hackathon at Waterloo University, to mark the expansion.

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