How do I buy Ethereum in Canada?

Oct 18, 2020

byNDAX Labs

Where to buy Ethereum in Canada?

➀ A peer-to-peer trade
➁ An Ethereum ATM
➂ A Cryptocurrency trading platform

However, utilizing Ethereum cryptocurrency exchanges such as NDAX will allow you to trade ETH/CAD in a more affordable, safe, and quick way.

Buying Ethereum to CAD

At NDAX, we offer an Ethereum to CAD pairing, allowing Canadians to buy Ether directly with Canadian dollars.

➁ Fund your account

To buy Ethereum to CAD, you will need to fund your NDAX account. NDAX offers 3 funding options, Interac e-Transfer, Bank Draft/Certified Cheque and Wire transfer. For step by step guides on how to deposit Canadian dollars to buy bitcoin check out the articles below:

➂ Buying Ethereum in Canada

• Login to NDAX
• Click TRADE on the left-hand side of the screen
• On the trade page, click BUY (green button) on the right side of the screen
• Click the small GREY ARROW in the upper left corner of the screen to pick the ETH/CAD pair
• Click on MARKET
• Enter ORDER SIZE (How much you want to buy) either in ETH or CAD
• Click PLACE BUY ORDER

How to sell Ethereum in Canada on Coinbase

Since 2018, NDAX has been the best Coinbase alternative in Canada to buy Ethereum.

Can you sell Ethereum on Coinbase in Canada?

Canadians looking to sell Ethereum from Coinbase and trade it for Canadian dollars to send to their bank account can easily do this utilizing both Coinbase and NDAX.

➀ Sign in or create an account on NDAX to get a Ethereum wallet address
➁ Send an Ethereum withdrawal from Coinbase to NDAX
➂ Trade your ETH to CAD
➃ Send your CAD to your bank account

➀ How do I get an Ethereum wallet address?

Sign up to find your Ethereum address

• Sign up or log in to NDAX
• Once you log in you will be redirected to your dashboard
• Click the WALLET icon on the left-hand side of the screen
• Select ETHEREUM
• Click the GREEN DEPOSIT BUTTON
• Copy this address
You will be sending your Ethereum to the address provided to deposit into your NDAX account

➁ How do I send Ethereum from Coinbase to Canada?

How to withdraw from Coinbase

• Login to Coinbase
• You will be directed to your dashboard, click SEND on the top right-hand corner of the screen
• Under Pay with, select ETHEREUM
• Enter the amount of Ethereum you would like to send
• Enter the Ethereum address you copied from NDAX
• Select SEND to review and confirm the details of this withdrawal
• Select SEND NOW
You have now transferred your Ethereum from Coinbase.

➂ How do I sell Ethereum in Canada?

Selling your Ethereum in Canada (ETH/CAD)

• Go back to the NDAX trading platform
• Click TRADE on the left-hand side of the screen
• On the trade page, click SELL (Red button) on the right side of the screen
• Click the small GREY ARROW in the upper left corner of the screen to pick the ETH/CAD pair
• Click on MARKET
• Enter ORDER SIZE (How much you want to sell) either in ETH or CAD
• Click PLACE SELL ORDER

➃ How do I cash out Ethereum in Canada?

Send a withdrawal to any Canadian bank

• Click WITHDRAW at the top of the screen
• Select the FIAT TAB on the left side of the screen
• Ensure CAD is selected and click the WITHDRAW button
• Choose the method of withdrawal: EFT or WIRE TRANSFER
• Select BANK ACCOUNT or ADD ACCOUNT if this is your first time.
• Type in the amount you’d like to withdraw or click MAX
• Click WITHDRAW NOW

You have now successfully converted your ETH from Coinbase to Canadian dollars.

Frequently Ask Questions

• How do I cash out Ethereum in Canada?

• What are NDAX's trading fees?

• How do I sell Ethereum in Canada (ETH/CAD)?

• How do I choose the right cryptocurrency exchange?

• ETH to CAD

For any other questions, please contact our support team or visit our help desk.

If you are based in Canada and looking for a Canadian Ethereum exchange, then take a look at  NDAX. NDAX is an easy-to-use, beginner-friendly exchange that can give you easy access to trade Bitcoin and other cryptocurrencies like Ethereum, XRP, Litecoin, Cardano, Dogecoin, EOS and Stellar.

Happy trading!

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