How to cash out Bitcoin in Canada with NDAX

A plain walkthrough for selling Bitcoin or another crypto to Canadian dollars on NDAX and withdrawing the cash to your bank, checked against NDAX's official pages on Oct 25, 2026. Not financial or tax advice; screens change, so the official pages linked below are the source of truth.

Before you start

• You need a verified NDAX account - identity verification is required before trading and withdrawals.
• Withdraw only to a bank account in your own name.
• NDAX lists direct CAD pairs for the major assets compared on this site, including BTC/CAD (public instruments API, checked Oct 25, 2026).

1. Sell the Bitcoin

1. Open NDAX (web or app) and go to the trade screen.
2. Choose BTC and select a sell to receive Canadian dollars.
3. Review the quoted amount and confirm. NDAX charges a flat 0.20% trading fee on every order, any size - there are no volume tiers.

2. Withdraw CAD to your bank

1. Open the withdrawal screen and choose Canadian dollars.
2. Pick a rail: Interac e-Transfer (C$1.50 flat fee) or EFT bank transfer (C$4.99 flat fee). Deposits are free.
3. Confirm the withdrawal. Check the official fee page for current minimums, limits and processing times before moving a large amount.

What it costs

On a C$1,000 sale, the published fees are: 0.20% trading fee (C$2.00) plus C$1.50 by e-Transfer or C$4.99 by EFT - C$3.50 to C$6.99 in stated fees, before any spread built into the quoted price. Estimate your own amount on the Canada calculator, or see how NDAX compares with Kraken in the NDAX vs Kraken head to head.

Official sources

• NDAX fees

NDAX service page · Canada comparison · Canada guide (Kraken)