How to Buy and Sell USDT in Canada
How to Buy and Sell USDT in Canada
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BITGET WILL BE CLOSING THE ACCOUNTS OF CANADIANS!
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
Buying USDT in Canada
To buy USDT in Canada, follow these steps:
Create Accounts
Use the links to get $30 in BTC with Coinbase, $75 in BTC with Kraken and to save 25% on trade fees on Bitunix.
Fund Your Coinbase or Kraken Account
Deposit cash via e-Transfer by completing the request sent by the exchange.
Buy USDC on Coinbase or Kraken
After funding your account, enter the amount you'd like to purchase.
Choose USDC from the exchange's coin list.
Review your order and confirm your purchase.
Transfer USDC to Bitunix
Look for a "send crypto" option on Coinbase or Kraken.
Go to Bitunix, 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 when asked where you'd like to send your USDC to.
Select the Solana network.
Enter in the amount you'd like to send to Bitunix.
Confirm your send details.
Convert USDC to USDT on Bitunix
Once USDC is received on Bitunix, hover over "Spot."
Enter "USDC" in the search box.
Select the USDT/USDC pair.
Select "Sell", 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 Bitunix account. You can then withdraw that USDT to wherever.
Selling USDT in Canada
Selling USDT in Canada
(UPDATE COMING SOON)
(UPDATE COMING SOON)
To sell USDT in Canada, follow these steps:
Create Accounts
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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