How to Purchase United States Dollar (USD) using Canadian Dollar (CAD)

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