Ethereum to Canadian Dollar Exchange Rate

Live Rate

= $ 1743.2520

Refreshing in: 60s | Fri, Dec 09, 07:25AM GMT

  • Buy and sell crypto
  • Multiple payment methods
  • Deposit fiat currencies

Historical Rate chart of ETH and CAD

1
0
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Ethereum was first proposed in 2013 by programmer and writer Vitalik Buterin. To fund development costs, a crowdsale was hosted during a two-month period in 2014 in which the digital currency “Ether” was allocated to user wallets in exchange for a monetary contribution.

It was the first example of an ICO, or initial coin offering, and is a word play on the term initial public offering. The Ethereum platform went live in July 2015 with a 13% pre-mine, allowing the public to mine the remaining 87% of all tokens.

According to CoinMarketCap, the value of Ether saw a 662% price increase in 2016 and a 13,000% price increase in 2017.

Ethereum’s platform allows for the initiation of smart contracts. Smart contracts can now be developed and modified through Ethereum’s inclusive Solidity programming language, which is most similar to the JavaScript scripting language. Through these smart contracts, companies can distribute tokens for participation in crowdsales. According to Bitcoinist, the market for these crowdsales surpassed US$1 billion in market capitalization by the end of 2017. This is in comparison to the US$10 million in market capitalization at the beginning of the year.

The creation of smart contracts on Ethereum’s platform also allows for inclusive virtual escrow systems.

Things to consider before buying Ethereum

Ethereum’s price increase will depend entirely on the demand for it in the future. Ethereum’s blockchain is widely used to distribute new cryptocurrencies, which many people consider to be a promising factor. Speculators believe businesses will stop looking towards traditional crowdfunding and rather shift towards ICO methods in the near future.

Many startups have shifted their platform to Ethereum and its smart contracts in order to allow a safer and more profitable ecosystem for their applications.

On 18 October 2017, J.P. Morgan revealed that a permissioned ledger titled Quorum is in development and is being built off the Ethereum blockchain. The purpose of the ledger is to accelerate processing and payment times in addition to ensuring immutable, safe transactions. In our opinion, public adoption is essential for price increase; therefore, a major banking system such as J.P. Morgan showing increased interest indicates a promising future for Ether’s price.

Adoption by the public

2016

Solidity marked the first time a team allowed programmers and developers to integrate a blockchain into their systems and applications. They named the process “Decentralizing your application” and then named these newly formed apps “dapps”.

Ethereum was the second currency added to the most popular US crypto exchange, Coinbase, reaching a partnership on 21 July 2016. This allowed new users to test out Ether with just a debit or credit card.

2017

On 17 October 2017, the Ethereum blockchain executed a hard fork in order to establish faster block confirmation times. The fork was named Byzantium. This was following bitcoin’s August hard fork which created Bitcoin Cash.

The team states their core beliefs in the following excerpt from the Ethereum website:

“The Ethereum Foundation’s mission is to promote and support Ethereum platform and base layer research, development and education to bring decentralized protocols and tools to the world that empower developers to produce next generation decentralized applications (dapps), and together build a more globally accessible, more free and more trustworthy Internet.”

Cryptokitties, the world’s first blockchain game, was launched in early December 2017 on the Ethereum blockchain. The game involves the breeding, buying, selling and nurturing of virtual kittens. These kittens could then be sold from the blockchain in exchange for Ether. The launch of Cryptokitties was so successful the Ethereum network became congested and sometimes unusable for days at a time. The influx of users created network delays and transaction errors. Although the congestion was viewed by some as negative and unstable, we believe it demonstrates the high demand for such a platform. Some virtual kittens have reportedly been sold for over US$240,000, and at the time of writing, some have even been bid on for higher amounts.

In March 2017, a group of collective blockchain companies, Fortune 500 companies and banking affiliates joined together to start the Ethereum Enterprise Alliance. The alliance has the goal of implementing the Ethereum blockchain to instigate easier, faster and seamless technological usage. J.P. Morgan, Microsoft and UBS are among some companies partnered in the alliance.

Stay tuned to see what’s on Ethereum’s roadmap for 2018.

Compare cryptocurrency wallets

1 - 5 of 63
Name Product Wallet Type Supported assets Price (USD) Disclaimer
Ledger Nano X Wallet
Hardware wallet

5,500+

$149
The Ledger Nano X comes with added Bluetooth functionality, more memory and a higher quality screen than the original Nano S.
TREZOR Model T Wallet
Hardware wallet

1,470+

$219
Get free shipping until 15 December. T&Cs apply.
The next generation of hardware wallet from TREZOR, the Model T includes a host of new features including a touchscreen and improved processing.
ZenGo Cryptocurrency App
Mobile wallet

76+

Free download
Take advantage of ZenGo’s unique biometrics setup to buy, sell and spend and earn 70+ cryptocurrencies in your own wallet.
Ledger Nano S Plus Wallet
Hardware-Wallet

5,500+

$79
Secure and manage coins, tokens and NFTs with the latest hardware device from Ledger.
TREZOR One Wallet
Hardware wallet

1,280+

$69
Get free shipping until 15 December. T&Cs apply.
TREZOR hardware wallet is a secure way to keep your cryptocurrency safe from hackers and malware.
loading

Compare up to 4 providers

Where to buy, sell and exchange cryptocurrency

1 - 5 of 22
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Kraken Cryptocurrency Exchange
Interac e-Transfer, Wire transfer, Cash or Debit at Canada Post, Apple Pay, Google Pay, SWIFT, Visa and Mastercard debit/credit card
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

215
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
Crypto.com App
Finder Award
Crypto.com App
Bank transfer, Cryptocurrency, PayPal, Wire transfer, SWIFT, Debit/credit cards
AUD, CAD, EUR, GBP, USD, BRL, ARS, TRY

272
cryptocurrencies

Buy 260+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Cryptocurrency, Simplex, Banxa, XanPool, MoonPay, Mercuryo, E-check, Legend Trading, Capitual
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

245
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Buy, sell, trade and earn hundreds of cryptos on this full-featured global trading platform.
CA residents: Bybit is not currently available to Ontario-based users.
OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

327
cryptocurrencies

Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 300 cryptocurrencies, OKX offers its users a variety of payment methods and coins to choose from.
Coinberry Cryptocurrency Exchange
Credit card, Debit card, Interac e-Transfer, Wire transfer
CAD

24
cryptocurrencies

Get a $20 bonus when you buy or sell at least CAD$50 in digital currency. T&Cs apply.
Buy and sell cryptocurrency with Canadian dollars on this beginner-friendly Canadian exchange.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

Compare up to 4 providers

Market rate for common transfer amounts ETH to CAD

Ethereum (ETH) Canadian Dollars (CAD)
Ξ1 0
Ξ100 0
Ξ500 0
Ξ1000 0
Ξ1500 0
Ξ2500 0
Ξ5000 0


Go to site