BTC to CAD is a popular crypto-to-fiat pair among crypto investors and traders in Canada and abroad. Since its inception in 2009, Bitcoin – the base currency of this pair – has proved to be the world’s top cryptocurrency in terms of market capitalisation and cost. The counter currency – CAD – is the 7th most widely-traded currency in the world, which echoes swings in the world’s popular benchmark stock indices, such the S&P 500.
The crypto market, including Bitcoin, is extremely volatile, providing huge potential for speculation. Observing the popularity of BTC to CAD exchange transactions, there are immense opportunities for traders to profit from the pair’s trade.
Although the volume of BTC to CAD crypto-to-fiat currency pair is much lower than BTC to USD, Bitcoin to CAD trading is steadily growing. The ultra-volatile nature of BTC/CAD makes it a strong alternative to traditional Forex markets.
Bitcoin traders can always profit from BTC price swings. You can either go long or short, depending on Bitcoin to CAD price movement, and benefit from the price difference.
Proven to be a lucrative investment, Bitcoin consolidates its position as the world's top cryptocurrency. With a remarkably strong start of 2020, investors share a bullish view on Bitcoin price future. Convert BTC to CAD at Currency.com and trade it with 100x leverage and tight spread.
Advanced charts and tools
Access to 70+ technical indicators and analysis tools, powerful charts, real-time price alerts and notifications.
Crypto to cash. Seamlessly
Fund your account and withdraw fiat with your credit card, bank transfer or a crypto wallet.
Do more with less
Stop paying more to trade BTC. Start with as little as 0.002 BTC and enjoy the power of 100x leverage.
Smooth trading experience
Instantly buy tokenised assets with Bitcoin and at competitive prices. Store your holdings safe and transfer with ease.
Negative balance protection
Manage your risk with guaranteed stop-loss and take-profit orders. Never lose more than you put in.
Launched in 2009, Bitcoin introduced a new type of digital currency to the world gradually gaining worldwide popularity. Today, it is the most popular and valuable cryptocurrency on earth, serving as the gold standard for emerging cryptos.
Due to its decentralised nature, BTC transactions do not require a middleman, meaning no banks or other authorities are involved. In addition to being an alternative payment network and a store of value, Bitcoin offers great opportunities to traders.
The first decentralised cryptocurrency
Launched in 2009
The brainchild of a person or group known as Satoshi Nakamoto
The maximum number of Bitcoins is 21 million
80% of all Bitcoins have already been mined
Bitcoin is considered both a commodity and a currency
The first BTC transaction was to buy 2 pizzas
First traded on the cryptocurrency exchange BitcoinMarket.com in April 2010, Bitcoin’s starting price was $0.0025 (C$ 0.0033). Shortly after, the BTC price rate started to surge dramatically, generating more than a thousand per cent earnings to its initial owners.
As the cryptocurrency is not tied to any particular country or region, domestic and geopolitical factors can have less of an impact on the value of Bitcoin. Instead, you should keep an eye on its demand, adoption rates, regulations and market sentiment.
Bitcoin price chart shows BTC/CAD price rate in real-time. Analysts expect 2020 to be an important year for Bitcoin, making positive forecasts regarding the Bitcoin to CAD price.
In Bitcoin to Canadian dollar pair, BTC is the base currency and the CAD is the counter currency, which means the BTC/CAD chart shows how much Bitcoin is worth as measured against the Canadian dollar.
Often referred to as ‘Loonie’, the Canadian dollar strongly depends on the price of crude oil, as the country is one of the major commodity exporters. Canada takes a leading place in the global supply chain, which makes it highly sensitive to changes in the worldwide economic activity.
CAD rates are deeply connected with the United States – Canadian closest and largest trading partner. The US accounts for 80 per cent of all Canadian exports.
To better understand what affects the BTC/CAD rate and make thorough trading decision, you should keep a close watch of crypto market news and consider the interest rate decisions, made by the Bank of Canada (BoC).
Trade the global financial markets using Bitcoin or Ethereum.
Authorised by the High Technology Park of Belarus, the European blockchain regulator, the safety of your holdings is guaranteed.
Keep an eye on your positions with over 75 advanced charts, price analysis and price alerts.
Use stop-loss and take-profit orders to keep what you earn.
Use the world’s first regulated tokenised assets exchange to build a diverse investment portfolio with your crypto holdings. Make your deposits in Bitcoin or Ethereum to trade global financial instruments with competitive leverage and tight spreads. Currency.com keeps your holdings secure and accessible at a glance.