NDAX is registered with Autorité des marchés financiers (AMF) as a Money Service Business (MSB) in Quebec, making NDAX a great choice for traders in Montreal to buy and sell Bitcoin. At NDAX, we offer a BTC to CAD pairing, allowing Canadians to buy bitcoin directly with the Canadian dollar.

Canadians can purchase BTC by following these steps:

Login to NDAX
Fund your NDAX account with CAD - NDAX offers 3 funding options: (Interac e-Transfer, bank draft, wire transfer)

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Buying Bitcoin - Once you fund your account, you are ready to buy Bitcoin

Login to NDAX
Once you log in you will be redirected to your dashboard
Click TRADE
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 BTC/CAD pair
Click on MARKET
Enter ORDER SIZE (the amount you want to buy) either in BTC or CAD
Click PLACE BUY ORDER

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Selling Bitcoin in Montreal for Canadian dollars - Trade your BTC for 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 BTC/CAD pair
Click on MARKET
Enter ORDER SIZE (How much you want to sell) either in BTC or CAD
Click PLACE SELL ORDER

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Send a withdrawal to any Canadian bank or Financial institution

Click WITHDRAW at the top 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 Bitcoin to Canadian dollars.
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