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Convert
Canadian Dollar (CAD) to Bitcoin (BTC) Instantly

CAD CAD
BTC BTC
Buy Bitcoin (BTC)

Purchase Bitcoin (BTC) with Canadian Dollar (CAD) easily at Switchere and benefit from fast, secure transactions.

About
Bitcoin (BTC)

Bitcoin (BTC), the pioneering cryptocurrency, has transformed the financial landscape with its decentralized nature, allowing users to perform transactions without intermediaries like banks. Powered by blockchain technology, Bitcoin's ecosystem consists of a distributed ledger that records all transactions transparently and securely, maintained by a global network of miners who validate blocks of transactions through a proof-of-work mechanism. Bitcoin's scarcity, capped at 21 million coins, positions it as a digital asset with deflationary characteristics, often seen as a hedge against inflation. The ecosystem supports a diverse range of applications, from peer-to-peer payments and remittances to decentralized finance (DeFi) projects, attracting widespread interest as both a store of value and a medium of exchange. Key features like security, transparency, and resistance to censorship make Bitcoin a robust and revolutionary asset in the world of finance, serving as the foundation for the broader cryptocurrency market and influencing the design and development of subsequent digital currencies.
Bitcoin (BTC)

How to Buy Bitcoin (BTC)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose CAD to BTC Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Bitcoin Wallet Address

    Provide your BTC wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Bitcoin

    Complete the payment, and your BTC will be sent to your wallet.

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Frequently asked questions

  • What is a Satoshi?

    A Satoshi is the smallest unit of Bitcoin, named after its creator. One Bitcoin equals 100 million satoshis, making it practical for microtransactions and allowing Bitcoin to be divided into fractions for small transactions.

  • How do I send Bitcoin?

    To send Bitcoin, you need a Bitcoin wallet with available funds, the recipient’s Bitcoin address, and sufficient network fees. The wallet software facilitates the transaction and broadcasts it to the network for confirmation by miners.

  • What are Bitcoin transaction fees?

    Bitcoin transaction fees are small amounts paid to miners for validating transactions. Fees vary based on network congestion; users can choose to pay higher fees for faster confirmations.

  • Why do Bitcoin fees vary?

    Bitcoin fees vary based on network demand. When many transactions are waiting to be confirmed, users may pay higher fees to have their transactions prioritized by miners.

  • Can Bitcoin transactions be reversed?

    No, Bitcoin transactions are irreversible. Once confirmed on the blockchain, they cannot be altered, making Bitcoin highly secure and resistant to fraud but requiring caution with transaction details.
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