Canadian cryptocurrency firm Bitvo Inc. has made an exciting announcement today, revealing a significant reduction in its withdrawal fees. During their Summer 2023 trading promotion, Bitvo is slashing its withdrawal fee by an impressive 50% for both new and existing customers. This means that from June 1st to August 31st, 2023, you’ll only pay 0.5% on withdrawals, compared to the regular price of 1%!
This move by Bitvo comes as a breath of fresh air for crypto investors in Canada, especially considering the recent challenges faced by many exchanges and trading platforms in complying with Canadian crypto regulations. Bitvo’s decision showcases their unwavering commitment to serving the Canadian market and providing valuable benefits to their customers.
Bitvo stands out in the industry as a registered Money Service Business (MSB) with FINTRAC, ensuring compliance and reinforcing the security measures in place for their customers. Moreover, being a registered Restricted Dealer with securities commissions across all provinces and territories in Canada further emphasizes Bitvo’s dedication to regulatory compliance.
In a press release,, Bitvo expressed their commitment, stating, “At Bitvo, we’re fully committed to the Canadian market and serving Canadians. We pride ourselves on providing a safe, secure, and easy-to-use platform to our customers that has withstood the test of time, founded in 2018, both bull and bear markets and proactively complied with Canadian regulations.”
With Bitvo’s reduced withdrawal fees, Canadian crypto investors can now enjoy even more cost-effective transactions, making their trading experience smoother and more rewarding. Don’t miss out on this attractive opportunity to take advantage of Bitvo’s discounted withdrawal fees throughout the summer promotion.
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