How To Withdraw via Direct Bank Deposit

Important Notes:

Direct bank deposit processing fees are 2%. The minimum withdrawal using direct bank deposit is $20 and the maximum withdrawal is $10,000.
Direct bank deposits take up to 3 business days to fully process.

Web

To withdraw your Canadian dollars to your bank account using direct bank deposit:

1. Sign into your Coinsquare account.

2. Click 'Withdraw' in the top menu bar.

3. Ensure CAD is your selected currency from the left side menu.

4. Enter your withdrawal amount in $ CAD and select 'Direct Bank Deposit' as your withdrawal method.

5. Select your bank account or click “Add Bank Account” and fill in your bank details.

6. Click "Request Withdrawal".

Note: It is currently not possible to withdraw USD into a USD account at a Canadian bank via direct bank deposit.

iOS

1. Sign into your Coinsquare iOS app.

2. Tap on 'Transfer' at the bottom of the screen.

3. Tap on the 'Withdraw' button. Ensure Canadian Dollar (CAD) is selected as the currency.

4. Tap on 'Direct Bank Deposit'.

5. Follow the instructions to request your withdrawal.

Android

1. Sign into your Coinsquare Android app.

2. Tap on 'Transfer' at the bottom of the screen.

3. Tap on the 'Withdraw' tab.

4. Ensure Canadian Dollar (CAD) is your selected currency.

5. Tap on 'Direct Bank Deposit'.

6. Follow the instructions to request your withdrawal.