How to Purchase Tether (USDT) using Canadian Dollar (CAD)

To buy Tether using Canadian Dollar, first, find a cryptocurrency exchange that supports the USDT/CAD trading pair, such as YouHodler, BTSE, Kraken or MEXC Global. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the USDT/CAD pair on the trading platform and place an order to exchange your Canadian Dollar for Tether. If the USDT/CAD pair is unavailable, you can first exchange Canadian Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Tether. 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.