How To Withdraw CAD to Your Bank Account

In order to withdraw Canadian Dollars to your bank account, you must have CAD holdings. If your funds are in digital currencies, you will first need to trade your funds to Canadian Dollars before you can withdraw to your bank account.

Important Notes:

• Withdrawal fees are 2%.
• The minimum withdrawal amount for Direct Deposit is $20 and the maximum amount is $10,000.
• The minimum withdrawal amount for Wire Transfer is $10,000 and the maximum amount is $100,000.
• Withdrawal processing time is 1-3 business days.

Web

To withdraw Canadian Dollars to your bank account:

1. Sign into your Coinsquare account at coinsquare.com.

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

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

4. Enter the amount you wish to withdraw. Note that the minimum withdrawal amount for CAD is $20.

5. Select your withdrawal method.

• For amounts between $20 - $10,000, select 'Direct Bank Deposit'
• For amounts between $10,000 - $100,000, select 'Wire Transfer'

6. Select your bank account, or click 'Add Bank Account' and enter your bank account details. Fill in all information and attach a void cheque (or direct deposit/pre-authorized debit form).

7. Enter the amount you wish to withdraw and click 'Request Withdrawal'!

The full timeline for a direct deposit withdrawal request can be anywhere from 1-3 business days, as our team as well as your bank have individual processing times.

iOS

1. Sign into your Coinsquare iOS app.

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

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

4. Select your withdrawal method.

5. Follow the instructions to request your withdrawal.

Android

1. Sign into your Coinsquare Android app.

2. Select 'Transfer' at the bottom of the screen.

3. Select the 'Withdraw' tab. Ensure Canadian Dollar (CAD) is selected as your currency.

4. Select your withdrawal method.

5. Follow the instructions to request your withdrawal.