Canadians: How are you turning your bitcoins into cash?

[kg2002]

I have been generating bitcoins online for a while and I just begun using a currency exchange and directly depositing it into my bank account. However I've been reading horror stories about banks freezing / shutting down accounts they suspect are transferring bitcoin. Apparently the major banks (CIBC, BMO, SCOTIABANK, and TD) are all hostile. I'm with Scotiabank at the moment and I don't see why this is a problem. Before this, i used Paypal which is also a red flag. I just don't know what to do. Cash by mail is an option but always risky. How are you guys navigating this hurdle?

[Here4Trades]

You can always also trade with trusted people from the forum who are Canadians as far as I know they use Interact transfer.

[mattermaster]

Banks do not want bitcoin should defeat them and lead to discontinue. Therefore, they are shutting accounts they suspect exchanging bitcoins.
Look for any trusted trader on localbitcoins to buy/exchange your funds with btc.
This process keeps your trades fully ulterior.

[billytallent]

scotiabank is the worst they simply either do not understand bitcoin or rather refuse to acknowledge i had issues selling btc for etransfers my account was froze and it seemed like everyone i talked to at the bank was either playing dumb or just plain ignorant it took over a month to get it straightened out


too bad for them i removed everything i held mortgage , securities from scotia and moved to royalbank i did tell royal what i intended to do sell transfer bitcoins and they had no issue with it