The Canadian dollar is a highly tradable currency, especially in Forex, making CAD an attractive and in demand exchange. The official currency code is CAD and the official symbol is $. The coin is administered by the Bank of Canada and is printed by the Canadian Bank Note Company. The french population that lives in large areas in Canada call this currency “Dollar Canadien“. As you can see, it has some similarities with the US dollar, especially with wording and currency symbol usage.
Can I deposit Canadian Dollars in Online Casinos?
Any online casino looking to focus on the people of Canada should provide nothing less than Canadian dollars. The option to be able to play in their national coin will improve the casino’s chances to convert and hold on to players. It shows appreciation for the Canadian market as well as simplifying it for their players.
Online Casino consider the Canadian market to be one of the top ones out there. I would say that if you find an online casino providing French language (for the Canadian-French), English language and Canadian dollars then you are off to a great start. Betivity has a list of all brands accepting this form of money, so you won’t have to look so far.
The main goal is for casino players not to be affected with expensive exchange rates when depositing into another currency and then withdrawing back. All those transactions can prove to be costly.
We hope you have enjoyed our content about Canadian dollars. If you would like to learn more about other currencies and which casinos accept them, please click here.