How to Sell Ether in Canada

MyBTC.ca is proud to announce the rollout of our Ether sell side so our clients can cash-out by converting their ETH to CAD faster than anywhere else in Canada.

Whether you sold a way-cool NFT, need to take some trading profits off the table or you’re actualising winnings from your favourite sports, casino or online gaming accounts — MyBTC.ca has got you covered for all your Bitcoin and now Ether selling needs.

To automatically sell your Ether (ETH) for Canadian Dollars (CAD), send any amount valued from $5 - $500,000 to the auto-sell wallet address provided within your MyBTC.ca account.

Sell Your Ether Today!

Ethereum coin on stacks of gold coins in front of a price chart

Once there has been 12 network confirmations on the Ethereum blockchain, your sell order will execute and immediately convert to CAD, minus a fee.

With our lightning fast Ether sell order transaction and confirmation times, Canadian crypto customers love the speed and ease of use when cashing out to their Canadian bank account, the simple way, with MyBTC.ca.

Avoid confusing order books and getting your ETH stuck in limbo with the platforms that are too big to provide adequate client care. Our high-touch, high-value customer service is built on the foundation of helping our clients have the best trading experience in the business.

How to Sell Ether for CAD, Step by Step

  1. Log in to your MyBTC.ca account and complete identity verification if you haven’t already.
  2. Go to the sell page and choose Ethereum (ETH).
  3. Copy your auto-sell wallet address and send your ETH to it from your own wallet on the Ethereum network.
  4. After 12 network confirmations, your ETH converts to CAD automatically and lands in your account balance.
  5. Withdraw your CAD by Interac e-Transfer or Bank Transfer.

Ether Sell Fees and Limits

  • Sell limits: $5 to $500,000 per order.
  • Sell fee: 4.95% ($1.00 minimum). Selling $1,000 worth of ETH costs $49.50.
  • Confirmations: 12 on the Ethereum blockchain.

Your wallet also charges an Ethereum network fee to send the ETH, so keep a little extra in your wallet to cover it.

Getting Your CAD Out

  • Interac e-Transfer: $10 to $25,000 per withdrawal, $5.00 fee, usually 0 to 6 hours. See how to withdraw CAD with Interac e-Transfer.
  • Bank Transfer: $20,000 to $75,000 per withdrawal, $10.00 fee, 1 to 2 business days.

Tip: Only send ETH on the Ethereum network to your auto-sell address, and copy and paste the address rather than typing it. Crypto sent to the wrong address or network can’t be recovered. You can also sell USD Coin (USDC) on the Ethereum network the same way, after 30 confirmations. Want to buy back in later? See our guide on how to buy Ethereum in Canada.

Quick Answers

Can I cancel after sending my ETH? No. Blockchain transactions can’t be reversed once sent.

How do I keep records for tax time? Export your order and withdrawal history as a CSV file from the History section of your account.

Are you thinking of selling some of crypto’s 2nd most popular digital asset on Canada’s #1 non-custodial platform?

Looking forward to servicing all your needs the Canadian way!

MyBTC.ca Buy Now banner

Published: 2022-12-07

Bitcoin logo
-4.15%

$97,479.11 CAD


Ethereum logo
Ethereum
$2,759.23 CAD
-3.98%
USDC (Ethereum) logo
USDC (Ethereum)
$1.4266 CAD
+0.06%

I Want My Bitcoin!

Click a payment method to start your order.

Bitcoin with etransfer

Interac e-Transfer

Bitcoin with Bank Wire

Bank Wire

Buy Crypto with Credit Card

Credit or Debit Card

Flexepin Voucher BTC

Flexepin Voucher