Crypto-currency Exchange QuadrigaCX Announces 'Cold, Hard Cash' Withdrawals by UPS & Purolator

Canadian crypto-currency exchange QuadrigaCX has announced several new improvements to its service today. The firm’s newsletter states that Interac e-Transfer limits have been bumped up to $3,000 per 24h. QuadrigaCX has one of the most demanding KYC/AML client verification procedures in the industry, requiring clients to complete a credit verification via Equifax.

The Vancouver-based exchange also unveiled its new Cash Delivery withdrawal option. Clients can request hard currency to be delivered via traditional mail for a 2 percent fee and an additional $20 surcharge:
“Cash is shipped with a tracking number via Canada Post, Purolator or UPS so that you can follow its path to your hands from one of these reputable delivery services.”
The new withdrawal method is capped at $5000 CAD and has a minimum threshold of $500 CAD.

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1 comment :

  1. QuadrigaCX's Interac e-Transfer bump up to $3,000 per 24h whilst still requiring clients to complete a credit verification via Equifax will see an increase of throughput very quickly.
    The new Cash Delivery withdrawal option where clients can request hard currency to be delivered via traditional mail for a 2 percent fee will also see an upsurge of activity.

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