Second that. establish US$ RBC account, establish Dwolla account and you are all set to trade on MT Gox. Dwolla -> Mt Gox transfers take time though.
-ethwit
Topic: Trading BTC for $$$ - In Canada? (Read 1120 times)
Easiest in Canada is to withdraw to liberty reserve then cash it out to CAD.
If you get an account with Royal Bank, you can open a free USD account in their USA branches. You can move the money from the US account to Canada effortlessly through online banking. To set it up you just need a $100 deposit
http://www.rbcbankusa.com/specialtybanking/cid-96799.html
When you apply for the account, don't tell them you are trading Bitcoin or anything.
Not like they will refuse you, just they will try to get you into a Business account then you have to conform to stupid US laws of max $999/day and other problems. Best if the banks know as little as possible.
You can also open a swissquote.ch account online and switch between any currency you want.
If you get an account with Royal Bank, you can open a free USD account in their USA branches. You can move the money from the US account to Canada effortlessly through online banking. To set it up you just need a $100 deposit
http://www.rbcbankusa.com/specialtybanking/cid-96799.html
When you apply for the account, don't tell them you are trading Bitcoin or anything.
Not like they will refuse you, just they will try to get you into a Business account then you have to conform to stupid US laws of max $999/day and other problems. Best if the banks know as little as possible.You can also open a swissquote.ch account online and switch between any currency you want.
An awesome perk about being a Canadian is that you have access to banks that do Email Interac Transfer.
It's $1-2 per transfer up to $1000, and takes 30 minutes for the funds to process.
It's $1-2 per transfer up to $1000, and takes 30 minutes for the funds to process.
I'd like to know the answer to this question as well. Dwolla doesn't support Canada yet. 
There is this thread, http://forum.bitcoin.org/index.php?topic=10980.msg156785 that is the only think I know so far.
There is this thread, http://forum.bitcoin.org/index.php?topic=10980.msg156785 that is the only think I know so far.
Hello!
I'm a bit of a newb, so please excuse my newbish question...
I have an account on https://www.bitcoinmarket.com and would like to start buying/selling BTC that I've mined on my new system. I'd like to pocket some of the profits though to recover some cost.
What is the easiest way to get CAD $, or even USD into my bank account?
Thanks!
I'm a bit of a newb, so please excuse my newbish question...
I have an account on https://www.bitcoinmarket.com and would like to start buying/selling BTC that I've mined on my new system. I'd like to pocket some of the profits though to recover some cost.
What is the easiest way to get CAD $, or even USD into my bank account?
Thanks!
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