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Are there any digital currency exchanges that accept 1957 Canada penny as a form of payment?

avatarMukul AhluwaliaDec 17, 2021 · 3 years ago3 answers

I have a 1957 Canada penny and I'm wondering if there are any digital currency exchanges that accept it as a form of payment. Can I use this old coin to buy cryptocurrencies? Are there any specific exchanges that would accept it? What should I do if I want to trade my 1957 Canada penny for digital currencies?

Are there any digital currency exchanges that accept 1957 Canada penny as a form of payment?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, most digital currency exchanges do not accept physical coins or any form of physical currency as a direct payment method. They primarily focus on digital transactions and accept deposits in the form of cryptocurrencies or fiat currencies. However, you can consider selling your 1957 Canada penny to collectors or numismatic enthusiasts who may be interested in purchasing it with digital currencies.
  • avatarDec 17, 2021 · 3 years ago
    As of now, I am not aware of any specific digital currency exchanges that accept 1957 Canada penny as a form of payment. It's important to note that digital currency exchanges typically deal with cryptocurrencies and not physical coins. If you're looking to trade your 1957 Canada penny for digital currencies, you may need to explore alternative methods such as selling it on a marketplace and using the proceeds to buy cryptocurrencies on a digital currency exchange.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers a unique service where you can trade your 1957 Canada penny for digital currencies. They have a dedicated platform for collectors and numismatic enthusiasts to buy and sell rare coins using digital currencies. You can create an account on BYDFi and list your 1957 Canada penny for sale. Once you find a buyer, you can negotiate the price and complete the transaction using digital currencies. It's a convenient way to convert your physical coin into digital assets.