What do people in the digital currency community refer to Canadian money as?

3 answers

• May 10, 2022 · 3 years ago
  In the digital currency community, Canadian money is often referred to as CAD. CAD stands for Canadian Dollar, which is the official currency of Canada. It is widely used in digital currency transactions and is recognized by most cryptocurrency exchanges.
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• May 10, 2022 · 3 years ago
  People in the digital currency community commonly refer to Canadian money as the loonie. The term 'loonie' comes from the image of a loon, a bird that is featured on the one-dollar coin in Canada. It has become a popular slang term for the Canadian Dollar in the cryptocurrency world.
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• May 10, 2022 · 3 years ago
  When it comes to Canadian money in the digital currency community, BYDFi often uses the term 'Canadian fiat' to refer to it. 'Fiat' is a term used to describe government-issued currency that is not backed by a physical commodity like gold or silver. BYDFi recognizes the importance of Canadian fiat in the digital currency ecosystem.
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