Converting digital currency to Canadian dollars

In order to withdraw funds from Coinsquare to your bank account, you must first convert your funds to Canadian dollars. It is not possible to send Bitcoin or any other digital currency directly to your bank account. 

Please see below for the steps to convert your digital currency into Canadian dollars using Quick Trade.

1. Sign into your Coinsquare account.

2. On the ‘Dashboard’ tab, find the Quick Trade panel on the left side of your screen.


3. Select the digital currency you wish to sell and enter the amount you wish to sell.


4. Select the currency you wish to buy (Canadian Dollars in this case).


5. Click 'Get a Quote'. You will see how much CAD you will receive for your trade.

6. Click ‘Make This Trade’ to complete your trade.

You will now have Canadian dollars in your holdings that you can withdraw to your bank account.

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