Replying to Avatar Ryan

I tried the Canada Post payment option today, what a great no KYC option for Canadians! nostr:npub1gl23nnfmlewvvuz7xgrrauuexx2xj70whdf5yhd47tj0r8p68t6sww70gt has a great service. A nice side effect is this will serve a lot of rural communities with a bitcoin onramp, Canada Post locations are everywhere.

Interested to hear the true spread from market of this option. If I understand correctly you pay a fee to BB and a fee to CP, then once the money is in your account you buy but the price is not true market there is a spread similar to a currency exchange.

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I'm still working, I'll figure it out when I've got some time.

Legend

I just queued up a $10 transaction. They took about $0.22, I would receive $9.78 worth of bitcoin, a 2% cut, not too bad. The Canada Post transaction costs $3.50 from $1-500, 3.95 for $500-1000. Reasonable for a KYC free option that can do $999 per transaction, and 10 per day!

Yea it seems pretty good overall. Thanks for testing!

I grabbed another $80 CAD via lightning, I ended up with ~$79 in my WoS.