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Which digital currencies are commonly traded against CAD?

avatarkjbnJan 07, 2022 · 3 years ago3 answers

Can you provide a list of digital currencies that are commonly traded against CAD (Canadian Dollar)? I'm interested in knowing which cryptocurrencies have a strong presence in the Canadian market and are frequently traded with CAD as the trading pair.

Which digital currencies are commonly traded against CAD?

3 answers

  • avatarJan 07, 2022 · 3 years ago
    Sure! Some of the digital currencies that are commonly traded against CAD include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a significant presence in the Canadian market and are widely traded with CAD as the trading pair. Trading platforms and exchanges that support CAD trading pairs provide ample opportunities for Canadian traders to engage in cryptocurrency trading.
  • avatarJan 07, 2022 · 3 years ago
    You bet! Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) are among the most commonly traded digital currencies against CAD. These cryptocurrencies have established themselves as popular choices for Canadian traders due to their liquidity and market demand. Trading platforms that offer CAD trading pairs ensure that traders have easy access to these digital assets.
  • avatarJan 07, 2022 · 3 years ago
    Absolutely! When it comes to digital currencies commonly traded against CAD, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) are the top contenders. These cryptocurrencies have gained significant traction in the Canadian market, and traders can easily find CAD trading pairs on various exchanges. For example, BYDFi, a prominent cryptocurrency exchange, offers a wide range of CAD trading pairs to cater to the needs of Canadian traders.