How to Purchase Canadian Dollar (CAD) Using Internet Computer (ICP)
To purchase Canadian Dollar using Internet Computer, start by finding a cryptocurrency exchange that offers the CAD/ICP trading pair. Create an account, verify your identity, and deposit your ICP into your exchange wallet. Then, locate the CAD/ICP pair on the platform and place an order to trade your Internet Computer for Canadian Dollar. If the pair is unavailable, you can first exchange Internet Computer for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Canadian Dollar. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange Canadian Dollar (CAD) for Internet Computer (ICP)
To sell Canadian Dollar for Internet Computer, first, find a cryptocurrency exchange that supports the CAD/ICP trading pair. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the CAD/ICP pair on the trading platform and place a sell order to exchange your Canadian Dollar for Internet Computer. If the CAD/ICP pair is unavailable, you can first sell Canadian Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Internet Computer. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
