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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 Venue

Section titled “Choose Your Venue”

Do 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

Section titled “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

Section titled “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.

Section titled “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

Section titled “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

Section titled “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?

Section titled “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

Section titled “Next Steps”

📝 Ready to choose a venue?

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. This is not investment advice.