How do I sell Bitcoin in Canada?

Easy Ways To “How Sell Bitcoin in Canada” [Most updated Method]” width=”1920″ height=”1080″ />

We’re going to show you how to sell Bitcoin in Canada, as we break down 11 of the most popular selling methods. We also focus on speed, for the user who has no time to waste. In fact… With some of the options below, you will be able to go from never having sold Bitcoin to selling Bitcoin in less than an HOUR!

1. Online Exchanges

2. Bitcoin ATMs

3. Peer-to-peer network

4. Over-the-counter (OTC)

5. In-person retail location

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There are some Easy Ways To “How To Sell Bitcoin in Canada”

Bitbuy

A Canadian cryptocurrency exchange based off in Toronto, BitBuy was founded in 2013 and has been operational since. For Canadians, that’s good news since it makes bank-transfers and transactions smooth. It supports Interace e-Transfer facility that costs a mere 1.75% fee on withdrawals. You can directly withdraw your funds into Canadian dollars and save yourself from exchange rate risk.

LocalBitcoins

LocalBitcoins is a P2P marketplace for buying and selling cryptocurrencies. Based off in Finland, it was established in 2012. The USP for LocalBitcoins is the fact that it connects you to local sellers in your region to save you from the trouble of currency exchange rate fluctuations as well as offer local payment options to cash out cryptos.

Ndax io

National Digital Asset Exchange is a Canada-based exchange for cryptocurrency trading. It supports various methods of withdrawal and purchase and fully integrated with bank support. It offers solutions for trading for both individual and institutional traders.

Kraken

Established in 2011, Kraken is among the largest Euro-denominated cryptocurrency exchange that’s based off in the US. It offers very high liquidity to users given its extensive userbase. It is suitable for both beginner traders as well as advanced traders.

Bitcoin ATMs

Bitcoin ATMs or informally known as BTMs are the easiest way to cash out or buy bitcoins. They function like normal ATMs and make it easier for you to cash out your cryptos immediately. However, it supports only Bitcoins so that’s a limitation on its usage.

BitAccess

BitAccess is a Canadian Bitcoin broker and ATM operator. Funded by the Canadian government itself, through BitAccess you can sell bitcoins almost instantly. You can process a request for selling through their website and redeem cash for your BTC through the closest BTC ATM. There’s a delay of up to 30 minutes but that’s instant compared to other available options for selling bitcoins.

Conclusion: How To Sell Bitcoin in Canada

We as Canadians are lucky to have so many options and payment methods to sell Bitcoin, whether it’s in-person or online. Hopefully, you found this article helpful and it provided you with some great options for selling Bitcoin in Canada!