One among Canada’s high crypto exchanges, Coinsquare, has partnered with United States cryptocurrency funds startup Flexa to convey in-store digital forex funds to Canada.
In-store crypto funds in Canada
The official Twitter account of Canadian cryptocurrency change Coinsquare announced on August 13 that the agency partnered with U.S.-based crypto funds startup Flexa. The partnership will reportedly enable the latter firm to increase its in-store crypto fee processing providers to Canada. Coinsquare famous:
“One of many largest hurdles in mass adoption for crypto is discovering a technique to let customers spend it. We’re excited to convey Flexa’s resolution for this downside to #Canada.”
Per the announcement, the change can even add Flexa’s spend options to its apps, permitting its customers to spend straight from their on-exchange stability in over 7,500 bodily shops in Canada.
Quite a lot of accepted cash
Based on a promotional video featured on Flexa’s official website, the startup’s service helps Bitcoin (BTC), Ether (ETH), Bitcoin Money (BCH). Moreover, a put up published by the corporate on Medium right this moment means that additionally they help Litecoin (LTC), anoncoin Zcash (ZEC) and stablecoin Gemini Greenback (GUSD).
As Cointelegraph reported in February, on the time Coinsquare was shedding virtually 30 p.c of its workers, together with its chief monetary officer (CFO) and chief working officer (COO).