Bitcoin Price (btc/CAD)
Bitcoin market data
What Is Bitcoin (BTC)?
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.
Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.
Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.
The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.
Yes, Bitcoin (BTC) is available to trade on Ndax. To view a list of all the coins available for trading on Ndax, visit our Markets Page.
The current price of Bitcoin (BTC) in Canadian Dollars (CAD) is $169,931.00. Check the latest exchange rates on our Bitcoin (BTC) Markets Page.
Bitcoin (BTC) reached its all-time high at $175,909.00, marking the highest valuation of BTC since its inception.
The market capitalization of Bitcoin (BTC) stands at $0.00.
In the last 24 hours, the trading volume for Bitcoin (BTC) was .
The current circulating supply of Bitcoin (BTC) is 19,931,834.
The fastest way to buy Bitcoin (BTC) in Canada:
- Register for an account on Ndax.
- Complete the identity verification process.
- Deposit Canadian dollars.
For a detailed guide on purchasing Bitcoin, visit our step-by-step guides.
The best app to buy Bitcoin (BTC) in Canada:
- Download the Ndax app.
- Register and verify your account.
- Follow the instructions to deposit CAD and buy BTC directly from your mobile device.
The safest way to purchase Bitcoin (BTC) in Canada is through a reputable cryptocurrency trading platform like Ndax. Ndax adheres to stringent security standards, including the use of cold storage for the majority of digital assets and MPC-protected hot wallets. For more details on our security protocols, visit Ndax Security.
You can configure automatic Bitcoin (BTC) purchases on Ndax by setting up a recurring buy schedule through our web platform or mobile app. Learn more at Ndax Auto Invest.
Ndax offers various trading options for Bitcoin (BTC), such as limit orders, stop orders, trailing stop orders, and fill or kill orders. For a complete list of order types, visit Ndax Advanced Order Types.