The latest available data estimates suggest that 3.2 percent of Canada’s total population, translating into a figure of 1.2 million, own cryptocurrencies. In 2020, Bitcoin occupied more than 30% of this market. Expert analysts believe that its share will grow exponentially in the days to come, at least till 2027. Yet, Bitcoin is not the only currency that a substantive chunk of Canadian crypto traders is keen to invest in. Ethereum, Ripple, Tether (USDT), Cardano ADA, Binance coin—all of these popular cryptocurrencies occupy a significant share of the Canadian crypto market.
- Funding Methods Bank wire, Interac (instant e-Transfer), Crypto
- Cryptocurrencies 25+
- Countries Canada