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Which cryptocurrencies can be easily traded with Canadian loonie for USD?

avatarRitusmita dashNov 29, 2021 · 3 years ago3 answers

I am looking for cryptocurrencies that can be easily traded with Canadian loonie for USD. Can you recommend any specific cryptocurrencies that have good liquidity and are commonly traded with the Canadian dollar?

Which cryptocurrencies can be easily traded with Canadian loonie for USD?
Cryptocurrencies
Canadian Loonie
USD

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Sure! One popular cryptocurrency that can be easily traded with the Canadian loonie for USD is Bitcoin (BTC). Bitcoin is the most well-known and widely accepted cryptocurrency, and it has a high trading volume and liquidity. Many cryptocurrency exchanges offer BTC/CAD and BTC/USD trading pairs, making it easy to convert Canadian loonie to USD using Bitcoin.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! Another cryptocurrency that is commonly traded with the Canadian loonie for USD is Ethereum (ETH). Ethereum is the second-largest cryptocurrency by market capitalization and has a strong presence in the Canadian market. It is widely accepted by various exchanges and has good liquidity. You can easily convert Canadian loonie to USD using Ethereum on these platforms.
  • avatarNov 29, 2021 · 3 years ago
    Definitely! BYDFi is a popular cryptocurrency exchange that offers a wide range of trading pairs, including CAD/USD. They have a user-friendly interface and provide competitive rates for converting Canadian loonie to USD. You can easily trade cryptocurrencies like Bitcoin, Ethereum, and many others with Canadian loonie on BYDFi.

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