立即出售 Shiba Inu

Log in to BitMEX and go to Sell Crypto. Select SHIB and choose CAD as the receive currency. Enter the SHIB amount, review the exchange rate and fees, and confirm. Proceeds are sent to your verified Canadian bank account via EFT through Banxa or Mercuryo. You will enter your institution number, transit number, and account number at checkout.

CAD proceeds are paid out via Electronic Funds Transfer, processed by Banxa and Mercuryo. EFT transfers to Canadian bank accounts typically take one to two business days. You provide your Canadian bank details at checkout. BitMEX charges no platform fee on fiat sales; partner fees are shown before confirmation. Funds are sent directly to your nominated Canadian bank account once the transfer is initiated.

Selling SHIB is a taxable event under CRA rules. Canada taxes 50% of capital gains as income — only half the gain is included in your taxable income and taxed at your marginal rate. The adjusted cost base method applies: every SHIB purchase affects the cost basis of all future disposals, meaning detailed acquisition records across all purchases are essential. Frequent SHIB trading may lead the CRA to classify activity as a business, removing the 50% inclusion benefit and taxing gains at the full marginal rate. Keep records of acquisition cost in CAD, sale date, and proceeds for every transaction.

SHIB's frequent price swings around community events, burn announcements, and Shibarium developments can generate multiple taxable disposals within a year. The CRA's adjusted cost base method means every new SHIB purchase changes the average cost basis applied to all existing holdings — meticulous records are non-negotiable. Consider whether your trading activity might be classified as a business by the CRA, which would remove the 50% capital gains inclusion benefit. SHIB's low per-token price can create large nominal token volumes for modest CAD amounts — verify both displayed figures before confirming.

SHIB sales confirm immediately on BitMEX. CAD EFT transfers typically arrive within one to two business days. Allow up to three business days for funds to clear. First-time withdrawals may require additional identity verification through Banxa or Mercuryo, which can add processing time.

Create a free BitMEX account to sell SHIB.