Sell Bitcoins, Receive Money Through A Bank Deposit

Receiving a bank deposit into your bank account from Bitcoins Canada is the fastest and easiest way to sell bitcoins in Canada.

The selling process is very simple, but just in case you need a little help we have included a Quick Reference Selling Guide to walk you through the process.

Place Sell Order

Quick Reference Selling Guide

Step 1 - Participating Bank

To receive a bank deposit from Bitcoins Canada you must have an account with one of the following banks.

  • RBC Royal Bank
  • TD Canada Trust
  • Scotiabank
  • BMO Bank of Montreal
  • CIBC

Step 2 - Sell Order

Fill in the Bitcoins Canada sell order form by providing the following information.

  • Number of bitcoins to sell
  • Your email address
  • Your bank account details

Submit the form. A sell order confirmation page will be displayed.

Step 3 - Confirmation Email

Bitcoins Canada will send a confirmation email with the details of the sell order and further instructions.

Step 4 - Deposit Bitcoins

Deposit the bitcoins to sell into the Bitcoin wallet address shown in the confirmation email.

For the sell order to be accepted, the bitcoins must be deposited within one hour of submitting the sell order, due to price fluctuations.

Step 5 - Bank Deposit

Bitcoins Canada will make a bank deposit into the bank account provided on the sell order form.

Please allow approximately three hours to receive the bank deposit from Bitcoins Canada, from the time you deposit the bitcoins. Bank deposits are made the following morning for sell orders that are placed in the evening.

Place Sell Order