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Tom Nalichowski
Within 1 year

Is it possible to deposit funds into my CANDEAL account with cryptocurrencies such as Bitcoin or USDT?

Broker Issues
CANDEAL
Withdrawal
Deposit
07-13
United States
WikiFX
Reply

In my experience as an independent trader focusing on broker selection, I approach this kind of question with a strong preference for regulatory clarity and transparency. Reviewing CANDEAL’s overall offering, I see that it is a well-established Canadian platform, regulated by CIRO, and focused on providing electronic marketplaces mainly for Canadian fixed income and OTC derivatives. From what I’ve gathered, its infrastructure and product design cater primarily to institutional or highly sophisticated participants rather than the broader retail trading market. One important observation is that CANDEAL’s business model is quite traditional, especially compared to brokers that target forex or crypto traders. There is a clear emphasis on regulatory compliance, permanent trade records, and established customer service — but no mention anywhere of support for cryptocurrency funding options like Bitcoin or USDT. Based on the lack of such information across all their contact channels and platform details, I have never seen cryptocurrency deposits offered by traditional, Canadian CIRO-regulated fixed income platforms such as this. For me, if a broker doesn’t clearly and publicly state that it supports crypto deposits, I consider it prudent to assume the answer is no until direct confirmation is received through official channels. Considering CANDEAL’s regulatory responsibilities and its focus on serving the Canadian fixed income market, I would be highly cautious about expecting or attempting to fund an account with cryptocurrencies. In situations involving financial safety and regulatory compliance, I always err on the side of caution to avoid unnecessary risks or misunderstandings.

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