Getting Started: Venues, Wallets, and CBTC Acquisition
Canton supports multiple venue types for trading CBTC, each with different execution models, fee structures, and reward economics. This guide helps you choose the right venue for your firm.
Choose Your VenueDo you have in-house quant and dev resources?
Yes: You're a fit for active trading. See the venue comparison below.
No: Consider Temple Digital LP (passive, single-sided) or SciFeCap SMA (fully managed, 8-10% target yield). Do you need institutional-size execution with custom pairs?
Elk / Trngle RFQ. Contact Elk Capital for spread negotiation based on expected volume. Do you want an exchange-style order book with the best reward economics?
Temple Digital CLOB. 40% bonus reward share on top of standard CBTC rewards. Do you want fast deployment with familiar DeFi infrastructure?
Tradefast AMM. Uniswap V2 style, fastest integration path. Want the simplest starting point?
Bron. Intuitive interface, comprehensive docs, quick onboarding.
Active Trading Venues
For firms with in-house quant and dev resources running active strategies.
Venue
Type
Best For
Key Features
Pairs
Elk / Trngle
RFQ
Institutional-size execution
Programmatic OTC, negotiable spreads, custom pairs, bring your own wallet
Multiple (custom available)
Temple Digital
CLOB
Order book traders
Exchange-style order book, 40% bonus reward share, best reward economics
CC-CBTC, USDCx-CBTC
Tradefast
AMM
Fast deployment
Uniswap V2 style, fastest integration path, familiar DeFi infrastructure
BTC-CBTC, USDCx-CBTC
Bron
Wallet + DEX
Simple starting point
Intuitive interface, comprehensive docs, quick onboarding
BTC-CBTC, CC-CBTC
Passive Allocation Options
For firms seeking yield without active management or infrastructure build-out.
Option
Type
Description
Key Details
Temple Digital LP
Liquidity Provision
Single-sided liquidity with no impermanent loss
Deposit CBTC, earn trading fees and Canton Coin rewards
SciFeCap SMA
Managed Account
Fully managed strategy with 8-10% target yield
No active management required. Professional portfolio management.
ℹ️ Target yields for passive options are illustrative only. Actual returns depend on market conditions, network activity, and token economics.
Recommended Trading Pairs
Pair
Description
Notes
CBTC / USDXLR
Canton-native yield-bearing stablecoin
Primary pair. Earns rewards from both assets.
CBTC / USDCx
Cross-chain stablecoin
Familiar stable pairing for BTC traders.
CBTC / CC
Canton Coin
Network token exposure.
Pair availability varies by venue. Check the active trading venues table above for venue-specific pairs.
Canton Wallet Options
You need a Canton-compatible wallet to hold and transact with CBTC.
Wallet
Type
Best For
Zoro
Self-custody
Firms wanting SDK/API access and full control
Console
Self-custody
Browser-based with clear signing and risk checks
Loop
Self-custody
Web-based, no extensions needed, open source SDK
Cantor8
Enterprise custody
Multi-signature security and regulatory compliance
For the full list of wallets and DeFi apps, see the Canton DeFi Ecosystem page.
Acquiring CBTC
Two paths depending on your infrastructure:
Option A: OTC Purchase (fastest, no Canton node required)
Initiate a cross-chain CBTC swap with Trngle or an OTC purchase through Elk Capital
Ideal for firms without a Canton validator node
Contact Elk Capital for spread negotiation based on expected volume Option B: Direct Minting (requires Canton validator node)
Call Rust APIs via cbtc-lib to mint CBTC directly from BTC
More cost-effective for high-volume operations
See the developer documentation at docs.bitsafe.finance/product-suite/cbtc for technical details
Don't Have a Canton Validator Node?
ℹ️ Multi-tenant validators provide a streamlined, cost-effective path to network participation without running a full Canton validator. BitSafe can connect you with trusted providers in the ecosystem.
Lower barrier to entry
Shared infrastructure costs
Get started in days, not weeks
Next Steps
📝 Ready to choose a venue?
Review the Prop Desk Playbook for strategy recommendations
Follow the Onboarding Checklist to go from signup to first trade
Email: [email protected]
ℹ️ Disclosures Target yields are not guaranteed. Canton Coin rewards depend on network activity, token economics, and market conditions. Strategies carry risk; conduct independent due diligence. CBTC is not available to US persons. This is not investment advice.
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