How to Purchase Canadian Dollar (CAD) using TrueUSD (TUSD)

To buy Canadian Dollar using TrueUSD, first, find a cryptocurrency exchange that supports the CAD/TUSD trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your TUSD into your exchange wallet. Locate the CAD/TUSD pair on the trading platform and place an order to exchange your TrueUSD for Canadian Dollar. If the CAD/TUSD pair is unavailable, you can first exchange TrueUSD for a stablecoin like Tether (USDT) 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. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.