Convert Canadian Dollar to Bitcoin
Please provide values below to convert Canadian Dollar [CAD] to Bitcoin [BTC], or Convert Bitcoin to Canadian Dollar.
How to Convert Canadian Dollar to Bitcoin
1 CAD = 161244.33906231 BTC
Example: convert 15 CAD to BTC:
15 CAD = 15 × 161244.33906231 BTC = 2418665.08593466 BTC
Canadian Dollar to Bitcoin Conversion Table
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.