What is CIBC Bank?

CIBC Bank is one of the "Big Five" banks in Canada and offers a wide range of services for Canadians, including personal banking, business banking, and wealth management. CIBC Bank was founded in 1867 and is headquartered in Toronto, Ontario.

What is bitcoin and how does it work?

Bitcoin, the first cryptocurrency, was created by Satoshi Nakamoto, which is a pseudonym for the person or team who wrote about the technology in a 2008 whitepaper. The basic concept is relatively simple: Bitcoin is a form of digital cash that allows for secure and seamless peer-to-peer transactions across the internet.

What is Bitcoin (BTC)?

Sponsored by What's this? What Is Bitcoin? Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions.

Can I deposit funds via CIBC Bank to trade cryptocurrency?

Deposit Funds via CIBC Bank to trade Crypto. The Canadian Imperial Bank of Commerce has not historically had any policies that prohibit their customers from trading digital assets. Clients can sign up to regulated cryptocurrency exchanges freely transact Canadian Dollars from their online banking account.