Newton is a Canadian-based exchange that supports e-transfer to deposit and withdraw Canadian dollars. If you live in Canada, the Newton exchange is one of the easiest ways to cash out your crypto and withdraw CAD through e-Transfer.
Tutorial to Withdraw CAD from Newton (For Canadians only)
---You need to be registered with Newton to be able to use it. You can register here.
Convert your Crypto to CAD on Newton.
Here you can find the list of crypto coins supported on Newton.You can choose to withdraw CAD – via Interact e-Transfer (limit of 10,000 per e-transfer) or a deposit to your bank (daily withdrawal limit of 50,000CAD)
Select the amount you want to withdraw and confirm the transaction.
For your information, I have used Newton and when markets were volatile (end of 2021) I had some problems with withdrawing and converting cryptocurrency on Newton. I had to write to their support to resolve the issue. Although I got everything resolved, they took around 2-3 business days to reply to me and take a look at the issue.
Disclaimer: This post is not financial advice or legal advice. It's for educational purposes only.
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