Post
Topic
Board Bitcoin Discussion
Re: BTC-friendly banks in Canada?
by
Rruchi man
on 29/09/2024, 16:48:04 UTC
It is always best to err on the side of caution. I do regular crypto <-> fiat transactions and I personally prefer crypto friendly banks. And if I have no idea about a bank's stance on crypto, I try not to do larger transactions. I do believe some banks could have more friction with crypto.
In my country, we do not trust the banks, even if we know that they can permit transactions in crypto. It is best to make any transaction from an exchange to your bank without using the description indicating it to be a crypto transaction.

I'd say you're better off asking a local. Maybe you'll meet some here otherwise you can try at r/BitcoinCA -- subreddit for bitcoiners in Canada.
OP should be careful on Reddit of people who may claim to be locals. There are still lots of scammers there.