Which Canadian currency denominations are most commonly accepted by cryptocurrency exchanges?

3 answers

• Gentry HubbardOct 09, 2023 · 2 years ago
  Cryptocurrency exchanges in Canada commonly accept Canadian currency denominations such as $20, $50, and $100 bills. These denominations are widely recognized and easily processed by the exchanges. It is important to note that some exchanges may have specific requirements or restrictions on the denominations they accept, so it is always recommended to check with the exchange beforehand.
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• Emily TrinhJan 12, 2025 · 6 months ago
  When it comes to Canadian currency denominations accepted by cryptocurrency exchanges, the most commonly accepted ones are the $20, $50, and $100 bills. These denominations are widely used and easily convertible to cryptocurrencies. However, it's worth mentioning that different exchanges may have different policies and preferences, so it's always a good idea to check with the specific exchange you're planning to use.
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• Gabriel AroucasFeb 08, 2022 · 3 years ago
  As a representative of BYDFi, I can confirm that our platform accepts Canadian currency denominations of $20, $50, and $100. These denominations are widely accepted by most cryptocurrency exchanges in Canada. However, it's important to note that each exchange may have its own policies and preferences, so it's always a good idea to check with the specific exchange you're planning to use to ensure they accept the denominations you have.
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