How to Buy Canadian Dollar (CAD) with Tether (USDT)
To buy Canadian Dollar using Tether, first, find a cryptocurrency exchange that supports the CAD/USDT trading pair, such as YouHodler, Kraken, BTSE or MEXC Global. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the CAD/USDT pair on the trading platform and place an order to exchange your Tether for Canadian Dollar. If the CAD/USDT pair is unavailable, you can first exchange Tether for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Canadian Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Canadian Dollar (CAD) for Tether (USDT)
To sell Canadian Dollar for Tether, first, find a cryptocurrency exchange that supports the CAD/USDT trading pair, such as YouHodler, Kraken, BTSE or MEXC Global. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the CAD/USDT pair on the trading platform and place a sell order to exchange your Canadian Dollar for Tether. If the CAD/USDT pair is unavailable, you can first sell Canadian Dollar for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Tether. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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