USDT to CAD rate — Canada
A typical buy costs 1.50 CAD and a typical sell fetches 1.38 CAD. 7 venues carry the currency, with 584 ads live right now.
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Open the botFrequently asked questions
What does USDT cost in CAD?
Roughly 1.50 CAD to buy and 1.38 CAD to sell. Those are medians across all venues; the table above updates live.
Which exchanges carry CAD?
Binance, Bybit, KuCoin, lbank, MEXC, OKX, weex — 7 venues in total.
Why do prices differ between exchanges?
The Canadian Dollar market is fragmented: venues sit 7.41% apart, and flow between them is obstructed, so prices do not converge.
What is the buy-sell gap?
The distance between what people give the currency up for and what they take it back at. Buying and immediately selling costs you exactly that, currently about 8.46%.
How the Canadian Dollar market is shaped
The Canadian Dollar trades on 7 of the venues we cover, and right now they hold around 584 ads totalling 1.8M USDT. Most of them sit on Binance.
The typical price is 1.50 CAD to buy and 1.38 CAD to sell. The gap between them, 8.46%, is exactly what you lose buying and immediately selling back. It is not an exchange fee but the natural distance between demand and supply, and it narrows as the market deepens.
How far the venues diverge
The cheapest and dearest exchange for this currency currently sit 7.41% apart, measured across the 4 venues that carry this market. That is a lot: the market is fragmented, the venues are barely connected, and looking at only one of them is a reliable way to overpay. A gap that size usually means flow between venues is obstructed — by banking limits, verification requirements, or simply too few merchants.
How this compares with other currencies
By ad count this is the 11th largest of the 58 currencies with a page of their own here. The gap between venues here is wider than for 92% of the rest — the venues are poorly connected. The buy-sell gap is among the wider ones too: larger than for 75% of the rest.
What to check before trading, and where the numbers come from →