Can we stake in canada at launch or are new laws preventing it?

This news is a fantastic birthday present. Well done to the compliance team!

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Awesome this is great news !

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How do I access the fiat ramps for Canada? I’ve done kyc and it says there’s no fiat ramps in my geographical area, also the exchange itself isn’t letting me to access trading…

Canada isn’t open for trading at the moment. As for fiat onramps, I’d assume they’ll activate that once trading is enabled.

We aren’t able to use the exchange today but we staked no problem.

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Do you know when the ramps will be available? Fabio said at launch so I’m quite disappointed, had fiat ready to go. Will trading for us be rolled out this week?

But he said at launch

He said that before launch was delayed by over 2 weeks. I’m not sure of what exactly goes into organizing fiat partners, but I’m guessing things didn’t go as planned so they released a less-than-complete version of the MVP. Excludes some fiat partners, and even trading in Canada which I didn’t expect at all.

All of this will come with time. They only just launched the exchange less than 24hrs ago. We’ll need to be patient again for Canada to come online – I’m itching to give it a shot as well.

edit: a word

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It was a shock to see Canada not able to trade and really, @canesin didnt say anything about trading above. Just staking and fiat ramps. (Whats the point of fiat ramps tho if you can’t trade so it’s kind of applied.)

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You’re keeping a very cool head about it, I really respect that. I’m trying to as well, just sucks that launch 1 was delayed, launch 2 was delayed, the competition was delayed, and now there’s no Canada trading, also there’s no Canada fiat ramps. These are all things I’ve dealt with and I’ve held while the price was above $3 because I believed they would come through in the end, I still do, but I’m not sure they’re worth 30% of my portfolio anymore, I might be dumping some of my position here out of exhaustion. Even the trade volume is <$10,000/24hrs. I’m just tired of always chasing for answers from the team, hopefully things go smoother from here.

Ya… and no ramps sadly. Was really excited for that, even more than the trading itself.

Me too, pretty bummed about this… I was part of the ICO, have believed in Nash from the beginning and was not expecting this. Once again, a little communication would go a long way…

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Guys…after everything this community has been through, don’t jump ship after the team finally delivered. As for trade volume, I’m really not sure what you expected. You may need to reconsider your expectations of volume from a brand new exchange within the first 24 hours. Not only that, but it’s not like we’ve listed the top 50 coins. They’re almost all NEP5 tokens, which aren’t heavily sought after among the crypto community.

Have faith, try to keep busy with something else in the mean time. They’ll announce Canadian trading / onramping in no time.

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I’m not jumping ship, just not comfortable with nash being 30% of my portfolio anymore, I will still hodl some for sure. I believe they will be huge in the future, but with their track record they still need to learn so much in the business world. I do love the team, no hate here, just reducing my investment risks.

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Our fiat partner that has Canada coverage is not ready to launch their integration just yet, 3rd party fiat ramps for the region are not blocked.

Regarding trading I assumed that the conversation about the MSB in the Canadian provinces was clear that trading would not be possible without those, we had to do a compliance check to clear staking. We will continue to work on supporting the region.

On the volume front: we do not expect big values in the beginning of operations while we fine tune everything, we have not even sent a reminder to the participants of the referral program yet. There has been communication regarding the actual team expectations in this forum before if you are interested.

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Ok Fabio, we will wait.

Thank for the fast reply

Thank you for answering, but before I consider staking I want to understand. So we cannot trade, but we can stake and still get paid our dividend? Then use the fiat ramps (once in place) for the Canadian dollar if I wanted to cash out our dividend?

This is not blocked right and has the company providing the fiat ramps given you guys a timeline?

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Hi @canesin

Is my ticket for referral program will be active if I stake my NEX or I have to wait the exchange to be available to Canadian ?

That is correct.

No timelines so far. We will continue to work on expanding the network starting next week.

There is quite a few time for the program yet, let’s worry about corner cases such as this later. We can always work something out.

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