⭐ Merited by Steamtyme (1)
Another option worth considering might be Ndax, which is more of an actual exchange. The spread is smaller, but they do have a 0.2% trading fee and a flat $25 CAD withdraw fee for fiat. If you're working with larger amounts, you might come out ahead.
This is where I'm at with this. Starting to look for a decent off ramp in Canada, especially across various coins. I've settled on NDAX, but it's my first Canadian exchange since Quadriga. Dealing anything over a couple thousand and all the spread providers, including Coinberry just come off overly expensive. Another upside to NDAX is it has a wider array of deposit options for coins I'm looking to sell, saving me another conversion elsewhere.I just don't know many people who have used it. Not planning on storing funds there, just simply depositing crypto and converting to CAD, then fire it off to the old bank account. Has anyone used it and what was your experience? registration was a breeze apart from the forced usage of Google authenticator.
Sorry for the really late response, but I've used Ndax to sell 5 figures worth of BTC. KYC went smoothly, and the exchange process went about as expected - I was able to deposit, sell and withdraw without issues. The money hit my bank account quite quickly too. I'm not sure if I'd trust them enough to hold funds there, but for a quick exchange I don't think you'll have any issues! Forced 2FA might be annoying but it's good for security
