I purchased Bitcoin on Coinbase about a month ago for a small amount of $100 at the time and the transaction went though no problem.

Fast forward to about a week ago and the transactions get cancelled right away as well as my debit card being changed to DEPOSIT only, I found this out the hard way by going to make a purchase the next morning and my $2 Tim Hortons order go declined.

I called TD to ask what was going on and was given the above explanation.

Me: fair enough but it was me so please do not waive these as fraudulent.

TD Rep: yes sir but it was our algorithm flagging it as fraudulent there is nothing I can do as Bitcoin is technically gambling.

Me: okay that’s great I understand the banking system doesn’t like the idea of these new technologies potentially forcing their hand to be better but it’s my money, I’m not using credit, I can go give $100 to a homeless man and get nothing in return and that’s okay.

TD: Yes sir but it’s still gambling

Me: okay great I didn’t ask your opinion or to have this debate with you, am I able to make a purchase now?

TD Rep: i can’t guarantee anything

Me: hangs up

Anyone else have these problems with any Canadian banks? Curious of people’s thoughts. Visa and credit I can understand but this is MY MONEY.



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TD Canada Trust Coinbase Debit Visa Purchases [BLOCKED] : Bitcoin
TD Canada Trust Coinbase Debit Visa Purchases [BLOCKED] : Bitcoin
TD Canada Trust Coinbase Debit Visa Purchases [BLOCKED] : Bitcoin
TD Canada Trust Coinbase Debit Visa Purchases [BLOCKED] : Bitcoin

TD Canada Trust Coinbase Debit Visa Purchases [BLOCKED] : Bitcoin

TD Canada Trust Coinbase Debit Visa Purchases [BLOCKED] : Bitcoin