What is the process of selling Bitcoin and receiving CAD?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! Here's a step-by-step guide to selling Bitcoin and receiving CAD: 1. Choose a reputable cryptocurrency exchange that supports Bitcoin-to-CAD trading pairs. 2. Create an account on the exchange and complete the necessary verification process. 3. Deposit your Bitcoin into your exchange wallet. 4. Place a sell order for Bitcoin, specifying the amount you want to sell and the price you want to sell it at. 5. Once your sell order is matched with a buyer, your Bitcoin will be sold and you'll receive CAD in your exchange account. 6. Withdraw the CAD from your exchange account to your bank account. 7. Depending on the exchange and your bank, it may take a few business days for the CAD to appear in your bank account. Please note that the process may vary slightly depending on the exchange you use, but these are the general steps to sell Bitcoin and receive CAD.
  870435
• Dec 28, 2021 · 3 years ago
  Selling Bitcoin and receiving CAD is a straightforward process. First, you'll need to find a reliable cryptocurrency exchange that supports Bitcoin-to-CAD trading. Once you've chosen an exchange, create an account and complete the necessary verification process. After that, deposit your Bitcoin into your exchange wallet. Next, place a sell order for Bitcoin, specifying the amount and price. When your sell order is matched with a buyer, your Bitcoin will be sold and you'll receive CAD in your exchange account. Finally, withdraw the CAD to your bank account. Keep in mind that the exact process may vary slightly depending on the exchange you use, so it's always a good idea to consult the exchange's support documentation for specific instructions.
  753251
• Dec 28, 2021 · 3 years ago
  At BYDFi, we provide a seamless process for selling Bitcoin and receiving CAD. Simply follow these steps: 1. Sign up for an account on BYDFi and complete the verification process. 2. Deposit your Bitcoin into your BYDFi wallet. 3. Place a sell order for Bitcoin, specifying the amount and price. 4. Once your sell order is matched, your Bitcoin will be sold and you'll receive CAD in your BYDFi account. 5. Withdraw the CAD from your BYDFi account to your bank account. Please note that the process may vary slightly depending on the exchange you use, but these are the general steps to sell Bitcoin and receive CAD.
  616154