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Multi-currency support added! * **USD** ($) — US Dollar (default) * **EUR** (€) — Euro * **GBP** (£) — British Pound * **CAD** (C$) — Canadian Dollar * **AUD** (A$) — Australian Dollar * **JPY** (¥) — Japanese Yen * **CHF** (CHF) — Swiss Franc * **BRL** (R$) — Brazilian Real * **MXN** (MX$) — Mexican Peso * **INR** (₹) — Indian Rupee
Multi-currency support added! * **USD** ($) — US Dollar (default) * **EUR** (€) — Euro * **GBP** (£) — British Pound * **CAD** (C$) — Canadian Dollar * **AUD** (A$) — Australian Dollar * **JPY** (¥) — Japanese Yen * **CHF** (CHF) — Swiss Franc * **BRL** (R$) — Brazilian Real * **MXN** (MX$) — Mexican Peso * **INR** (₹) — Indian Rupee
Canadian here. I use Shakepay. I can keep my « spending BTC » in a self-custody Lightning Wallet, send it to Shakepay over LN in a few seconds, convert it to CAD and spend it using their VISA card. Simole and fast. Who needs perfection or merchant adoption?
tldr; The Bank of Canada, in collaboration with Export Development Canada, Royal Bank of Canada, and TD Bank Group, successfully completed Project Samara, issuing Canada's first tokenized bond. A C$100 million short-term bond was managed on a distributed ledger technology (DLT) platform using Hyperledger Fabric. The pilot demonstrated the full bond lifecycle with near-instant atomic settlement via tokenized Canadian dollars (W-CAD). The project highlighted efficiency, risk reduction, and data integrity benefits, while also identifying challenges in governance and scalability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Post is by: ZookeepergameTop9566 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rop52y/planning_to_buy_eth/ Planning to purchase 1 ETH at CAD 2700. I believe this is a good dip right now if ETH go below 1500 CAD will purchase 1 ETH more. Want to hold for few years. Any Suggestions ? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
tldr; The Canadian police have warned the public about fake crypto recovery service scams, where fraudsters exploit information from original scams to steal more funds. In one case, a victim in Nanaimo, British Columbia, lost $5,000 CAD in a crypto scam and was later targeted by fraudsters claiming to recover $60,000 in stolen funds. The RCMP clarified they do not contact individuals about discovered cryptocurrency accounts or partner with private firms for recovery. Citizens are urged to report scams to the Canadian Anti-Fraud Centre. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
if you don't know much, best thing to do is to DCA, dollar cost average. So let's say every month when you get your salary you can afford to put $100, put that $100. Ideally try to buy at a time where BTC is lower than usual (if you see it hovering around 95k CAD then try to set the order at 94k CAD).
Honor system unless you get audited. In the US at least. You self report your own cost-basis when the broker liquidating doesnt have one. If you want to turn BTC to fiat, you have to transfer it to an exchange like coinbase and sell it for CAD or USD. They are the entity that will transfer CAD/USD to a bank account. In the US, right around now, Coinbase issues tax docs. Some brokers will ask what your cost-basis was for coins transferred in, and you just type a number. If you do, that number is used on the tax statements. If not they issue you a statement showing a huge cap gain from a cost basis of $0. In the US, its still up to us to report that with our tax return, and when we do, we again have the option to add or change the cost basis. In the US, the IRS is less likely to audit you if you pick a reasonable cost basis and pay some tax. This is clearly NOT legal or even good advice, but it is true. If you get caught egregiously lying on a tax return (like saying you bought in at $120K and it's all a loss) you can go to prison, so dont, but the IRS was just gutted. US 2026 filings wont be reviewed until 2028 if ever, but if you are audited, If you bought in in 2015, the cost basis was under $500/btc, which is honestly so close to 0 - youre paying taxes on 14000% gains - that if you were trying to pay what you really owe its kinda pointless to care. The difference between a $0 and $500 cost basis is trivial when theres been 60K in appreciation beyond that. $3000 / $500 = 6BTC or now about $396K, of which $393K is cap gains. If you went with a cost basis of 0, and a tax rate of 24% youd pay $95,040, but if you use a $500 cost basis, it would drop to $94,320. That $700 difference is hardly worth the mental energy.
1 million CAD is nice cushion. It hardly makes you set for life. Even in a lower cost country. But there you have the issue of legal entanglements with you home country which might make it a challenge to travel. Plus, there are other reasons like family/ friends/ partners that might make it unreasonable to randomly move.
He said close to a million CAD, not billions lol. Why uproot their life for that?
Tell your teacher that criminals (or I suppose losers) can use any kind of technology, just like people can use the same technology for good. But, if your teacher is worried over this, MANY more criminals use fiat money. For example, JP Morgan was the bank that primarily funded Epstein. If that is the argument, they'll have to stop using dollars, too. Most Bitcoin use isn't criminal. So, pretty much all the things these people do with it. I've used Bitcoin to buy the parts to build a CAD/3D/gaming PC. I've used Bitcoin to buy books. I've used Bitcoin to buy coffee and food. People use Bitcoin to store the results of their work, and protect against inflation. Some people use Bitcoin to escape brutal regimes with some of their wealth. Some people use Bitcoin to fund human rights campaigns and protests when the government tries to stop funding sources. Some people use Bitcoin to get aid into people under persecution. Some people use Bitcoin to quickly and cheaply send money to friends or relatives on the other side of the world. Ask your teacher what they do with money. That's what we do with Bitcoin.
Sold all by averaging out during Q4 2025. Decent gains, dodged the cyclical bullet. Immediately bought a BTC-shorting 1X ETF (BITI, available in $CAD or $USD) with 1/3 of the proceeds. Rest into low-risk, low-yield liquid investments. Plan to exit short position around late Q3 2026, and look to re-enter BTC bull market again in Q4 2026 or Q1 2027, it probably won't make much difference.
headline is pretty sensational. FTA: >We are aware that some users in Canada may be experiencing latency or degraded performance when depositing CAD via EFT on mobile app. so in one country, on the app, using a specific funding method.
Just switch your display to CAD and keep stacking.
The interest would come out to maybe 3k to 3.5k CAD over 2 years, which to me sounds like a small price to pay for a full coin. I’ll definitely be DCAing consistently however, that’s not gonna change.
thanks for the compliment. almost time to buy back in for half price! (got lucky selling at 172k CAD to start a buisness that is already deep in profits! ALSO BITCOIN ACCEPTED HERE!) lol
I'm with you. I just bought $9.20 CAD more of it. Knowing my trends, we're going to $40K babyyyyy and then alllll the way up (when I stop buying).
If you view it in CAD instead of USD you're good!
I’m down $8k CAD Abut whatever. Average bought is at $150k cad
file:///var/mobile/Library/SMS/Attachments/84/04/CAD1FBF6-7EE8-444F-9057-A9B505D0D77C/IMG_2606.jpeg
I can't. Its a registered account.. issuer must be from Canada in CAD. So its an spot ETF
> the price of BTC in Euros doesn't tell us anything different than the price of BTC in USD Uh, yes it does. The value of bitcoin is not intrinsically denominated in USD, there's no special reason to use USD and not EUR or CAD or the Yuan. Only ever looking at BTC vs USD, just like only ever looking at any two currencies and ignoring all others, causes you to ignore bitcoin *dropping even more in value against all other currencies.* What we really need here is a "BTC index", where bitcoin is not presented as a value in only USD, but rather against a basket of currencies. This index would show BTC dropping in value more than "only" its drop in value against the USD. I get that you're probably American and so having everything be denominated in USD seems like the correct and simple and natural thing to do, but it misses out on bitcoin actually dropping in value even more than the BTC vs USD value suggests.
I said that. I bought 20k CAD worth today though
Bitcoin won't change anything to that. It's not just one bad President, it's an entire country's decision to slide toward that movement. Trump didn't arrive there by accident, he was chosen by half the population, lots of people in the world love him like a god, including in Canada. It's a trainwreck that was in slow motion since the 80s. Probably since the Civil War ended, actually. Anyway. It's not Central Banking the problem. Central Banking is maintaining the US afloat. Crypto currencies are being manipulated by whales. Unless your forbid all market trading of Bitcoin, your only currency - and then you have other problems - , you can't fix currency manipulation. A couple of whales could liquidate their bitcoins to buy Euros. Or they hoard it and the poor have nothing left, just like in medieval times with land. Look at the BC or any crypto charts vs US$ or AUD or CAD to prove my point.
If you’re starting with 100 CAD, a safe approach is to diversify a bit rather than going all-in on one coin. You could consider RYO for its practical use and strong infrastructure, plus established coins like ETH or SOL for stability and adoption. That way you get a mix of long-term potential and real-world utility.
Post is by: mshhxidjxhxjdjd and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qs8nv7/im_finally_entering_the_market_what_should_i_buy/ As of right now I will be using 100 CAD to buy crypto depending on how it goes I will be using more in the future what is the best coin/coins to buy? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
$14 cad and another batch$17 CAD
Yeah, though in a long enough time, I guess all Bitcoin maxis have had a similar experience. I bought an ASIC miner a few years back with Bitcoin. I bought a CAD/gaming PC with Bitcoin last year. In 10 years, those moves are going to feel a bit like Laszlo I think (likely not quite as extreme), and lots of us are doing that all the time. Bitcoin is money. It is a very special kind of money, but is money. If I need a pizza, that $40 (fiat) is just the current exchange rate, and if I don't use Bitcoin, then it is fiat I didn't buy Bitcoin with. Pretty much the same end result.
Well how can she purchase 11 BTC then???? CAD is 70% USD value.
I sold it at 173CAD and had so many people yelling at me but I’m glad I did it
You're not alone 😅 i started last month, and when i understood BTC and fiat dilution , massive US/CAD debt I FOMO hard and bought 14k CAD in 72h , now i dca weekly and only feel better
**Pro Tip**: If you're American, convert your chart to Canadian (CAD) currency to make it look bigger. Bitcoin over $130,000 ?!?! 🥳
How do you know bitcoin isn't mainstream? When someone who bought $100 CAD worth of btc describes it as "caving," i.e. against their better judgement but they felt pressured.
Definitely has it's own problems. So does buying resources (precious metals, stocks) and hoarding them. The thing about cash is it's backed and controlled by the governments and country you're in. So it has a real use. I don't go to Canada and swap to bitcoin to buy food. I swap to CAD and I can buy everything in a store. Regular people can't adopt crypto for anything but speculative gambling on it. You can't buy food or pay a mortgage with it. Unless you want to be part of this weird clique and trade people in it. Which is just absurd. Crypto had only a few uses and they're online dark web stuff and online gambling. Which is being replaced. It also had some nice ideas, like being secure, which has not panned out at all. We just stole 15 billion from China yesterday. Or being untrackable/untraceable so you're safe to use it, which also doesn't pan out. Especially if you want to buy anything tangible.
This is the time to buy... still kinda early probably. Last time this happened it was trading at 72 cents CAD... it stayed there for sooooooo long. It would go up and down a few cents but it basically stayed the same. I sold and it doubled then I bought back in and it doubled again. Stagnant is normal... still probably another year and a half - 2 years before another major pump. Stack. You got time.
I buy in CAD , so its a double hedge against inflation / dilution and FX
Bought 2 BTC in early November. Currently down 45k CAD. Not worried.
45? I just checked and 0.5BTC is 124k CAD or 90k USD
Post is by: Nozakx and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1q1gz6y/best_paltform_to_buy_crypto_with_minimal_fees/ Hey guys. I'm canadian and currently use Kraken to buy my crypto. As I'm currently learning, Kraken is very beginner friendly. But I'm looking for a better platform with less fees per purchase. Right now on Kraken, if I'm buying for 300$ CAD, I'm paying almost 20$ in additional fees. Could you guys guide me towards the best platforms to buy crypto? One that is fast, easy to understand with minimal fees. Thanks *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Based on the TFSA comment, I'm guessing they're Canadian and basing this on CAD and not USD
Maybe If you have that much Money for Christmas use 50 CAD to buy a real Gift and Invest the remaining 950 into Bitcoin.
Wait why would the traditional government led financial system collapse? Totally agree with the other comment. Nothing happens. Bitcoin will replace storage of value against weak currencies. Already seeing this. But USD, EU, CAD… fiat will still be around. Widely circulated. And many will be happy with their bitcoin return and many will be unhappy with opportunity loss. But nothing changes fundamentally.
Nah nah….3oz of silver for $250 CAD is tempting
Because he’s taking profit or because it’s in CAD?
>Profit taking in CAD Expect regretting this decision in the future.
They're in Canada so it's 55k CAD. But yeah, new car prices have gotten crazy. Average new in the US is at 50k now, from 38k in 2019.
If you keep the bet terms a bit nebulous you can price BTC in CAD and it is well over 100k. Otherwise, not worth the risk.
I propose that BTC is backed by energy, and would go a far as to say indirectly a store of energy. If you can see that it takes energy to make the BTC, and that you basically digitized that value (the cost to make that energy) then you should be able to see that having that ability to spend/borrow against exist. I hold multiple currencies, let's say USD, CAD, EURO .... is holding BTC in some amount not prudent? What backs the USD short of the Petro Dollar and the military might (which by the way needs dollars to exist)? Supply and demand is true for all asset categories. Maybe the demand for BTC is low at the moment, To each their own, and as someone mentioned everyone gets BTC at the price they deserve. When BTC was 30$ CAD, so lets say about $20 USD a coin, I only convince 5 people to buy one.
On crypto.com? I DID NOT! Thank Godddd, I’ve deposited a $20 only OFC to test “the waters”. Lost 20$CAD in about a month or whatever!
I started doing this January 1st (because of this guy as he or someone reposts it frequently) so I'm at \~0.0918 BTC bought for about $10k CAD. Even though I've been in this space since 2017, I now finally understand why people "*feign"* happiness when it dips -- they're not lying but rather actually legitimately excited at the chance of getting sats for cheaper. I'm buying every day no matter what, so it's nice to see when those orders return 25k (recently) sats instead of 17k sats (October 6th). As long as the longterm thesis doesn't change, it's literally just getting them on sale. When BTC is $1M in 2035-2040, I'll likely have a full BTC from this alone. The best part is I used to eat out for breakfast and/or lunch and now I just make it myself. Healthier and cheaper -- plus I might be a millionaire in 10-15 years because of it. Take that avocado toast!
The value meal of week used to be $3.99 CAD in Canada not too long ago
That’s CAD. For USD that’s about 84k
There's a reason they're called "EXCHANGES" not "BROKERAGES"... You're exchanging currencies.. bitcoin is no more an investment that the YEN or GPB or CAD
[Per ClearlyPayments (Canada) data: in 2024](https://www.clearlypayments.com/blog/credit-card-fraud-in-canada-latest-2024-statistics-trends-prevention-tips), reported fraud losses across card-fraud, identity fraud, scams etc. reached CAD $638 million in Canada alone. And that is just card fraud. Not just a crypto issue. And MUCH worse in tradfi. Just no one wants to talk about it.
True, bought for ~$9k and sold for $6.8m CAD 😎
Held since 2011, loaded up in 2015 and held till this summer where I sold several million to build a house. Never sold till now, due to various reasons like my salary was very good (now retired) and didn’t need money (saw the CAD/USD collapse) and saw the bigger picture a decade ago (knowing full well we would hit 100k one day).
Man, this is so me. I actually learned about Bitcoin in 2009/10 as a University class project to learn about digital currency. Forgot about it, then bought some in 2015 - cashed it out 2017 - made about I dunno 5-6k. As a broke student that was A LOT of money for me. Was over the moon, then when it crashed in 2018 I bought 3 at like 7-8k CAD - I put ALL my extra money in. 1 in Coinbase 2 in Quadriga (I KNOW) Because of the lower fees, I had all clients pay me in Bitcoin to Quadriga (I was a videographer and filmed a lot of crypto-related stuff for rich crypto owners) I racked up like I dunno 8ish Bitcoins in Quadriga that year. Was super excited to hold. I did freelance videographer work and used the salary from my job to pay for life expenses. As you know, come 2019 I was about to have a baby and figured - let's check how much it's worth now, and well lo and behold the whole Quadriga scam, I lost EVERYTHING except my one Bitcoin in Coinbase. Held a bit, pulled it out when it reached about 20k - I needed the money because COVID wiped out my entire industry and I had to take on debt to pay rent and buy food. That one coin cleared out my debt, and well, I just didn't buy in again. When Bitcoin hit 100k I cried lol legit cried. I'd have been a millionaire. I didn't buy in April 2025 - chickened out. I just bought in for the first time since, and I really hope this time my crypto journey has a happier ending. LOL
Educational: The Herman Miller inflation example perfectly illustrates two key economic concepts: 1) **Purchasing power erosion**: Your CAD lost 40% of its buying power in 5 years (~7% annual inflation), which is actually worse than official CPI figures suggest. This happens because fiat currencies are constantly being devalued through monetary expansion. 2) **Bitcoin as a unit of account**: Your observation about the chair costing 0.09 BTC in 2020 vs 0.0156 BTC today demonstrates Bitcoin's deflationary nature. As its fixed supply meets increasing demand, each unit becomes more valuable over time. This is exactly why many consider Bitcoin "hard money"
I’m currently baiting the universe. I bought $50k Canadian worth when 110,000USD BTC price. Then immediately it started dropping. Good thing I have $10K CAD in my account to DCA. So I’m looking forward to a huge crash. Go ahead fucker, crash I beg you crash all the way down to $40k like people are saying. Then I can by 0.25 BTC. I’m fucking waiting.
BTC CAD is at 128. So not sure where 95 came from
Tell her to just switch the currency setting to CAD to fix it.
Depends. If you’re from Venezuela they’ll be buying it with many different currencies. Vitalik famously “bought” bitcoins with his time early in his career. I personally use CAD and USD.
The secret is setting yourself up to succeed before you pull the pin. 1. Even though I live in Canada, I learned the habits of folks who live in high inflation economies like Venezuela or Turkey. I engineered a weekly income flow from staked yield-bearing USD-backed stablecoins, keep a $5000 liquidity buffer also in yield-earning stablecoins and the rest in BTC. 2. I engineered a lifestyle where I rarely have to convert BTC to CAD. That means a fully paid-off condo, no debt and expenses well within my income 3. I DCA and don’t swing trade. I never panic sell 4. I don’t borrow on my Bitcoin. Those loans usually need to be over-collateralized and I stay away from them 5. I hold my dry powder for real blood in the streets stuff. No sniping at minor 10% price pullbacks. They’re a waste of powder
Depends. In 2020, i had 0 bitcoin, so i bought the chair with CAD. If had both bitcoin and CAD in 2020, i would certainly not use my bitcoin to buy the chair, if i knew what i know today. If instead if all my money was in bitcoin and 0 CAD in 2020, well i have no choice but to buy that chair "with" bitcoin unless i borrowed against my bitcoin to buy the chair somehow. so the answer depends on my allocation.
I offered a choice of tip to a young server at a café in Québec City - CAD or BTC - thinking that maybe he’s into crypto. He went for the CAD. I haven’t had many takers.
Everyone freaking out, but it's still not low. It was 20k CAD at some point just last year iirc....or was that earlier this year? Either way, it is dropping, but I have a feeling this is a dip.
does it feel better in CAD? LOL
Excuse me talking in CAD but, I bought at under 1,000, I felt alot of unease when it tanked from 25,000 to 3,000, and all i did was say fuck it, this is a rando investment for me, keep on buying and see what happens. That is what I will continue to do. Huge tanks is part of owning BTC. You don't get to enjoy otherworldly highs if you don't expect the volatility and risk that comes with it.
BITI, on the TSE exchange ($CAD) [https://www.google.com/finance/quote/BITI:TSE?window=MAX](https://www.google.com/finance/quote/BITI:TSE?window=MAX) See my other comment in this thread regarding dangers. This is even more the case for 2x or 3x levered ones. DYOR first.
I bought in at 45k CAD, so I’m still green by a mile 👍
Capital gains tax is a tax on profits. Profits are GOOD. Have you ever made a profit on your CAD?
I began my journey near the all time highs which sucks. But I've brought my average cost down $6k (CAD) because I've continued to buy, which is cool
I don't see kraken delisting MOONS. It may be a loss leader but it's worth keeping encase it ever GME's. Also 24h volume is 11.2k CAD at the 1% fee rate that's 112 CAD. While not game changing, it's some money
What’s holding you back? Thorwallet for one has a debit card available to Canadians that you can fund with BTC. At worst you can put your spending money in Bitcoin on Shakepay, convert back to CAD when you want to spend and use their debit card. Who cares what the other guy wants to get paid in as long as you don’t have to hold anything other than BTC?
God damn it. I should have had an order in at 500 CAD
Can't we just do it all in CAD for a bit(coin)?
Excuse me, it’s not all furs. Some are grimy and tough. Only premium polar bear and beaver furs get traded up here. Didn’t you know CAD stands for “Colonial Appraised Drapper”?
CAD? i thought y’all barter with furs and syrup 1btc is about 2700 gallons of syrup as i understand
Having been through the drop from around 70k CAD to like 32k...I feel immune to what others might be crying about. If you're reading this, just hold...believe me. And buy if you can.
Literally nothing imo, I don't measure Bitcoin in USD, I measure it in CAD and when I don't do that, I measure it in property/housing. Housing gets cheaper every year with Bitcoin and that was the final straw that has me pull the trigger on investing
This is the one where I made over $960 CAD. My blog talks about it: My Bitcoin Life: https://mkjbitcoin.blogspot.com/
Year to date (Jan 1st vs now) Slightly down vs CAD YTD (1.44 then vs 1.40 now) Clearly down vs EUR YTD (0.96 then vs 0.86 now) Clearly down vs Swiss Franc YTD (0.91 then vs 0.79 now) Slightly down vs Japanese Yuan YTD (157 then vs 154 now) Slightly down vs Chinese Yuan (730 then vs 714 now)
This reminds of 4 years ago. We got up to $70k CAD and dropped to $30k CAD followed by the huge bull run to $120k a couple years later.
Fair point actually. OP is wrong about the date for both USD and CAD. 😂
Weekly mini heart attack looking at (whatever) price in CAD
I have one, it's hope. I know that there's a miraculously tiny chance I'll open Ledger Live one day and have $500,000 CAD sitting there.
I was waiting for 2 weeks for it to get under 150k CAD, finally gave up and got some at 152. Count yourself lucky!
At the minimum, you aren't losing CAD value by keeping that 10k in the bank
Who cares. My money at a bank is also just a token. All I know is when I tranfer money from my Canadian bank to my european bank it takes a couple of days and I easily lose 2%. To my filipino bank it's even worse, a wire transfer eats like 20 CAD on both sides. Send a 100 cad, receive 40. Apple pay, revolute, rupay, it does not work withy my filipino bank. Only gcash and pay maya but they are not supported in Canada. So instead I spend 15 minutes making an e-tranfer to a Canadian crypto exchange, buy some USDC, send it to Binance and exchange it on their P2P market for php, which means filipino people are buying my USDC and then sending their php from their filipino bank account straight to mine. This process takes 15 minutes and the rates are so competitive I sometimes get a CAD/PHP exchange rate ABOVE market. I once gained a 150 CAD on a 4000 CAD transfer. I don't care about the rest. This is the fastest and the cheapest for ME.
In Canadian, but I loaded my wallet up with $30 CAD of BTC in lightning and headed off to the US for a vacation. I stopped at 4 steak and shakes looking for one that accepted Bitcoin but they all told me no. I do appreciate that it’s a global currency