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Which Canadian currency denominations are most commonly accepted by cryptocurrency exchanges?

avatarMohan DuttDec 26, 2021 · 3 years ago3 answers

What are the most commonly accepted Canadian currency denominations by cryptocurrency exchanges in Canada?

Which Canadian currency denominations are most commonly accepted by cryptocurrency exchanges?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Cryptocurrency exchanges in Canada commonly accept Canadian currency denominations such as $20, $50, and $100 bills. These denominations are widely recognized and easily processed by the exchanges. It is important to note that some exchanges may have specific requirements or restrictions on the denominations they accept, so it is always recommended to check with the exchange beforehand.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to Canadian currency denominations accepted by cryptocurrency exchanges, the most commonly accepted ones are the $20, $50, and $100 bills. These denominations are widely used and easily convertible to cryptocurrencies. However, it's worth mentioning that different exchanges may have different policies and preferences, so it's always a good idea to check with the specific exchange you're planning to use.
  • avatarDec 26, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that our platform accepts Canadian currency denominations of $20, $50, and $100. These denominations are widely accepted by most cryptocurrency exchanges in Canada. However, it's important to note that each exchange may have its own policies and preferences, so it's always a good idea to check with the specific exchange you're planning to use to ensure they accept the denominations you have.