Bitcoin is a revolutionary and highly popular form of currency that is quickly gaining speed in the investing world. But if you’re not familiar with bitcoin, it can be confusing and hard to understand. Here are the basics of what you should know about bitcoin investing and how to go about it.
USDCAD, or USD/CAD, is shorthand for the pair composed of the United States dollar and Canadian dollar. Currency traders often call the pair the “loonie,” as that is a slang term for the Canadian currency.