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How to Buy and Sell USDT in Canada

I'm often asked how one buys and sells (cashes out) USDT in Canada so I thought I'd make a section specifically on this. Check out the tutorial videos below on how to do so. Below that, I've also written out the process.

Buying USDT in Canada

To buy USDT in Canada, follow these steps:

Create Accounts

Sign up for Coinbase and Bitget.
Use the links to get $30 in BTC with Coinbase and to save 20% on trade fees on Bitget.

Fund Your Coinbase Account

Log in to Coinbase.
Click “Deposit cash” on the right side bar.
Select Interac e-Transfer.
Enter the amount you want to deposit and click “Continue.”
Complete the e-transfer request sent by Coinbase.

Buy USDC on Coinbase

After funding, enter the amount you'd like to purchase.
Choose USDC from the coin list where it says "Buy."
Select “Review Order.”
Review your order and confirm your purchase.

Transfer USDC to Bitget

On Coinbase, click “Send crypto.” A box will appear.
Go to Bitget, hover over the wallet icon and select "Deposit."
Select USDC and choose the Solana (network) to get your wallet address.
Copy the wallet address and paste it in Coinbase's box.
Select Solana.
Enter in the amount you'd like to send to Bitget.
Select “Preview,” choose “Exchange.”
Review the confirmation details and click “Send now” when ready.

Convert USDC to USDT on Bitget

Once USDC is received on Bitget, hover over "Trade."
Hover over “Spot” and then enter in USDC in the search box.
Select the USDT/USDC pair.
Select "Sell", "Market" and enter in the amount of USDC you'd like to sell.
Click “Sell USDC.”

In less than 5 minutes, you can go from cash in your bank account to having USDT in your Bitget account. You can then withdraw that USDT to wherever.

Selling USDT in Canada

To sell USDT in Canada, follow these steps:

Create Accounts

Sign up for Ndax and Bitget.
Use the link to get a $10 bonus after a $100 trade on Ndax. Use the link to save 20% on trade fees on Bitget.

Send USDT to Your Bitget Account

Log in to Bitget.
Hover over the "wallet" icon in the top right corner and click “Deposit."
Select "USDT" and select the network your USDT is on.
Send your USDT to the wallet address given.

Buy USDC on Bitget

After receiving your USDT, hover over "trade" and enter USDC in the search box next to “Spot.”
Select "Market order."
Enter the amount of USDC to purchase and select “Buy USDC.”

Transferring USDC to Ndax

On Ndax, click the “Wallet” tab.
Select USDC and select "Receive."
Select "Binance Smart Chain (BEP20)" as the network.
Copy the address given.
Go to Bitget, hover over the “wallet” icon, and click “Withdraw.”
Select USDC and Binance Smart Chain as the network.
Paste the wallet address that was given by Ndax.
Enter in the amount that you want to withdraw.
Select “Withdraw,” and enter in the security codes.

Sell USDC for CAD on Ndax

Once USDC is received on Ndax, go to “Trade” on the dashboard.
Select USDC/CAD.
Select "Sell."
Enter in the amount you want to sell in "Order Size" and select "Place Sell Order."

Withdrawing CAD from Ndax

Select "Wallet."
Select "Send."
Select either "EFT" or "INTERAC E-TRANSFER"
Fill in the required details
Confirm the request through the e-mail Ndax sends.

In less than 30 minutes, you can go from USDT to cash in your bank account.

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