This video will explain EXACTLY how to WITHDRAW crypto in Canada! This is a step-by-step guide on how to cash out FTX in Canada. I’ll walkthrough how to convert dogecoin to bitcoin; from FTX to ShakePay. Then, sell bitcoin on ShakePay and then transfer Canadian dollars to my bank account with an e-transfer. I give a neat trick on a cheaper method to withdraw funds at the end of the video.
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We walkthrough in detail how to withdraw money from FTX. We’ll use how to withdraw Dogecoin Canada as a guide. After investing in cryptocurrency, you may need to cash out your funds to Canadian dollars, this tutorial video will help your find the best way to withdraw crypto in Canada. Although ShakePay may not be the cheapest way, it is currently the most popular way on how to withdraw crypto Canada. You have to take profit in order to realize your gains. Otherwise, you’re just rich on paper. Please keep in mind the tax implications of buying and selling cryptocurrency in Canada. The tax man always gets his cut, so please do not risk it. Talk to an accountant or tax professional to know what to do! This is just a guide on how to cash out crypto on FTX step by step in Canada in 2021.
Here are the general steps to transfer any cryptocurrency from FTX Cryptocurrency Trading Platform to your bank account:
1. Convert your crypto (or fiat) to bitcoin on FTX.
2. Withdraw bitcoin from FTX to your ShakePay account (input your ShakePay bitcoin wallet address).
3. Wait 30 minutes to receive bitcoin on ShakePay account.
4. Sell bitcoin on ShakePay for Canadian dollars.
5. E-transfer Canadian dollars from ShakePay to your bank account (limit $5000/day)
For those that are interested in paying lower fees. Use Bitbuy instead of ShakePay and use XLM instead of BTC. This would be the best way on how to withdraw cryptocurrency in Canada. There are also several other cryptocurrency platforms for Canadians such as Binance, Bitfinex, Bitbuy, Newton, VirgoCX, and ShakePay. We’ll talk about how to sell dogecoin and convert back to Canadian dollars. In general, this is a guide about how to sell cryptocurrency and convert to CAD $. Ideal for those selling crypto to dollars. Sell crypto withdraw money.
This method can be used to withdraw crypto to cad. Essentially any crypto such as Cardano (ADA), Ethereum (ETH), Ripple (XRP), Solano (SOL), Binance (BNB), (EOS), Chainlink (LINK), (MATIC), (SUSHI), (AAVE), (TRX), Stellar (XLM) and the list goes on. Move any crypto to Canada bank. This will allow us to withdraw ftx to cad. This video is also a guide for ShakePay Canada withdrawal.
The objective of this video is to give you the confidence to perform these steps yourself to withdraw money from FTX to bank account Canada. Even though I don’t use FTX to withdraw funds directly to my bank account. There is a way to withdraw fiat from FTX using the method described in the video. Also applicable to dogecoin withdraw to bank. Also, if you used Binance or FTX, in Canada cash out bitcoin with this method. By the end of this video, you should know how to withdraw to bank account Canada using this how to cash out crypto in Canada guide. This works for all DeFi coins and ALTCOINS!
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DISCLOSURE: This is NOT financial advice, I am NOT a professional. This is for entertainment purposes ONLY.