Post
Topic
Board Currency exchange
Canadians: How are you turning your bitcoins into cash?
by
kg2002
on 14/07/2017, 04:20:31 UTC
I have been generating bitcoins online for a while and I just begun using a currency exchange and directly depositing it into my bank account. However I've been reading horror stories about banks freezing / shutting down accounts they suspect are transferring bitcoin. Apparently the major banks (CIBC, BMO, SCOTIABANK, and TD) are all hostile. I'm with Scotiabank at the moment and I don't see why this is a problem. Before this, i used Paypal which is also a red flag. I just don't know what to do. Cash by mail is an option but always risky. How are you guys navigating this hurdle?