"That’s only if you are sending/receiving money internationally from/to your Eq usd account. They don’t use wise when you try and convert from Eq usd to Eq cad." Fair enough, I haven't tried. Crypto.com is the best place to buy, sell, and pay with crypto. Crypto.com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the. If you place a sell order on this pair, it will trade your CAD for USD. The fees to do this as a new user are 0.26% for a market order or 0.16% for a limit order. Fees are calculated. My only concern is the fee for converting usd to cad within my cibc accounts (if there even is one) and if it would cheaper or more expensive (which ill need to look into). I did. As BoC raised rates - CAD $ typically would strengthen - so I would avoid converting around these times. As US Central bank raised rates - USD $ would typically.
If you place a sell order on this pair, it will trade your CAD for USD. The fees to do this as a new user are 0.26% for a market order or 0.16% for a limit order. Fees are calculated. My only concern is the fee for converting usd to cad within my cibc accounts (if there even is one) and if it would cheaper or more expensive (which ill need to look into). I did. As BoC raised rates - CAD $ typically would strengthen - so I would avoid converting around these times. As US Central bank raised rates - USD $ would typically. For those expenses, you can open a balance in CAD and convert it to USD. Then make an ACH transfer to your local US bank. As for investing, make a connection with Wise.
