Conbase @coinbase launched bitcoin trading in Canada yesterday. To use it you need $5,000,000 in financial assets, not counting your house. And you never receive a bitcoin. It is 23 contracts that pay out in dollars, with up to 10x borrowed money, run by Coinbase's US futures arm. Not one coin moves. You cannot withdraw a bitcoin from it because there are none in it. These contracts are a claim on Coinbase. A coin in your wallet is bitcoin. Only one of them can actually be yours.