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Cryptocurrency Prices in Canada

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Buy Bitcoin in Canada
Bitcoin
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What is Bitcoin?

Bitcoin is a decentralized crypto- or digital-currency, a form of electronic cash. Bitcoin has no central bank or single administrator and can be sent globally from user-to-user without the need for intermediaries. Over 5% of Canadians own Bitcoin according to a 2018 report by the Bank of Canada.

Do I have to buy one full Bitcoin?

No, your minimum buy can be as little as 0.0002 BTC. The smallest unit possible is 0.00000001 Bitcoin.

Why is Bitcoin so volatile?

There are several reasons why Bitcoin is volatile including: coverage in the press, perceived value, relative lack of liquidity allowing large holders to affect price, news of exchange hacks and high profile losses, fear of missing out (FOMO) and fear, uncertainty, doubt (FUD) causing investors to buy or sell en mass.

Official Bitcoin website | Bitcoin Whitepaper

Buy Ethereum in Canada
Ethereum
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What is Ethereum?

Ethereum is an open-source, blockchain-based distributed computing platform featuring smart contract functionality. Ethereum differs from Bitcoin in that it has the capability to execute smart contracts on the blockchain.

Do I have to buy one full Ethereum?

No, your minimum buy can be as little as 0.005 ETH. The smallest unit possible is 0.000000000000000001 ETH.

Why is Ethereum so volatile?

There are several reasons why Ethereum is volatile including coverage in the press, perceived value and relative lack of liquidity allowing large holders to affect the price. Apart from being a simple store of value Ethereum is also a popular computing platform, so its price is also affected by the projects built on it.


Official Ethereum website | Ethereum Whitepaper

Buy Litecoin in Canada
Litecoin
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What is Litecoin?

Litecoin is a decentralized crypto- or digital-currency, a form of electronic cash. Litecoin has no central bank or single administrator and can be sent globally from user-to-user without the need for intermediaries. Litecoin was an early bitcoin spinoff or "altcoin" and is released under the MIT/X11 license. Litecoin has much faster block mining speed resulting in faster transaction times and is therefore much better suited than Bitcoin for day-to-day payment transactions.

Do I have to buy one full Litecoin?

No, your minimum buy can be as little as 0.05 LTC. The smallest unit possible is 0.00000001 LTC.

Why is Litecoin so volatile?

Like all cryptocurrencies, Litecoin is more volatile than fiat currencies with market price being closely linked to its perceived value. This allows various factors, including media coverage to easily cause price fluctuations.


Official Litecoin website

Buy Ripple XRP in Canada
XRP
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What is XRP?

XRP is the Cryptocurrency created by American software company Ripple for their international payments system RippleNet, trusted by major financial institutions including American Express and Standard Chartered. XRP is the medium used by the RippleNet to facilitate accurate high-speed currency exchange.

Is there a minimum amount to buy XRP?

Your minimum buy can be as little as 7 XRP. The smallest unit possible is 0.000001 XRP

Why is XRP so volatile?

Like regular cryptocurrencies, XRP's value is influenced by coverage in the press, perceived value, relative lack of liquidity allowing large holders to affect price, news of exchange hacks and high profile losses. However, as the native currency, its value is also dependent on how trusted the RippleNet is by financial institutions.

Official Ripple website | Ripple Whitepaper

Buy Bitcoin Cash in Canada
Bitcoin Cash
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What is Bitcoin Cash?

Bitcoin cash is a cryptocurrency created in August 2017, arising from a fork of Bitcoin Classic. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed.

Do I have to buy one full Bitcoin Cash?

No, your minimum buy can be as little as 0.02 BCH. The smallest unit possible is 0.00000001 BCH.


Why is Bitcoin Cash so volatile?

Like regular cryptocurrencies, the value of Bitcoin Cash is influenced by coverage in the press, perceived value, relative lack of liquidity allowing large holders to affect price, news of exchange hacks and high profile losses.

Official Bitcoin Cash website | Bitcoin Cash Whitepaper

Buy Bitcoin Cash in Canada
Stellar
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What is Stellar Lumen?

Released in 2014, Stellar is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.

Is there a minimum amount to buy Stellar Lumen?

Your minimum buy can be as little as 12 XLM. The smallest unit possible is 0.0000001 XLM.


Why is Stellar Lumen so volatile?

Like regular cryptocurrencies, the value of Stellar Lumen is influenced by coverage in the press, perceived value, relative lack of liquidity allowing large holders to affect price, news of exchange hacks and high profile losses.

Official Stellar website | Stellar Lumen Whitepaper

Buy Bitcoin Cash in Canada
Cardano
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What is Cardano?

Cardano and its native token $ADA are a 'third generation' platform that aims to increase transaction speed and commit to using the peer-review process in implementing upgrades. Developed by Ethereum Co-Founder Charles Hoskinson, Cardano is one of the leading Altcoins and touted as a potential rival to Ethereum. It’s $ADA token is named after 19th mathematician Ada Lovelace, who is regarded as the world’s first computer programmer.

Is there a minimum amount to buy Cardano?

Your minimum buy can be as little as 7 ADA. The smallest unit possible is 1 ADA.

Why is Cardano so volatile?

Like regular cryptocurrencies, the value of Cardano is influenced by coverage in the press, perceived value, relative lack of liquidity allowing large holders to affect price, news of exchange hacks and high profile losses.

Official Cardano website | Cardano Essay

buy dogecoin in Canada
Dogecoin
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What is Dogecoin?

Dogecoin is an open-source cryptocurrency created in 2013 by programmers Billy Markus and Jackson Palmer. Initially conceived as a parody of the burgeoning altcoin space, based on the ‘doge’ meme –featuring a picture of a Shiba Inu surrounded by captions in broken English. Doge was designed to be a lighthearted, friendly alternative to Bitcoin.

Is there a minimum amount to buy Dogecoin?

Your minimum buy can be as little as 60 DOGE. The smallest unit possible is 0.00000001 DOGE.

How does it work?

The architecture behind $DOGE is based on Litecoin. Like Litecoin, it uses a consensus mechanism to mine additional coins. Although there is no limit on how many new Dogecoins can be mined over time, the increase in supply is limited to 5 billion DOGE per year. Doge has a block time, i.e.,the time it takes to mine a new block to the chain, of one minute, as compared with Bitcoin’s 10. Due to its low cost, and relatively high supply, Dogecoin is popularly used as a tip or reward on social media platforms.

Official Dogecoin website | Dogecoin Whitepaper

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