3) NDAX offers 30+ of the most popular cryptocurrencies that you can buy directly using CAD. Although some users prefer a wider range of coins, for most beginners and day-traders, the range supported by NDAX is sufficient. New coins are also added from time to time, so their collection is slowly growing. The National Digital Asset Exchange (NDAX) is a Canadian cryptocurrency exchange that makes it easy for Canadians to buy and sell crypto using Canadian dollars (CAD). NDAX was established in 2018, with its primary focus on offering fast, easy and safe crypto trading for both individuals and institutions. You can withdraw crypto to your wallet or transfer fiat to your Canadian bank account for a flat-rate withdrawal fee of CAD $4.99 for bank transfers and wire transfers.

1. At Finty we want to help you make informed financial decisions.
2. NDAX Canada also incorporates the Multi-Party Computation (MPC) technology, a cryptographic technique that keeps data private and secure and ensures the safety of users’ accounts and assets.
3. Customer service is a standout feature at NDAX, with knowledgeable support agents ready to assist users.
4. Placing orders on NDAX using the exchange is relatively simple.

I’ll see how good they are over the next few months but so far very positive. NDAX provides users with an online wallet to store their cryptocurrencies. While you can use this wallet for your transactions on their platform, it is also possible to use an external wallet if you prefer to transfer and hold your digital assets outside of the exchange.

NDAX, which stands for National Digital Asset Exchange, is a Canadian-based cryptocurrency exchange known for its emphasis on security and compliance. They employ industry-standard security measures, such as SSL encryption ndax review and two-factor authentication (2FA) to protect user accounts. Amidst these market dynamics, the exchange has continued to evolve, catering to the changing needs of its user base and the broader digital economy.

2) Low trading fees of only 0.2% is great for new investors who can get more crypto for their CAD, and is also perfect for frequent traders, to maximise profits. Up to this point I had no issues with ndax and used it just for Bitcoin. However when I went to withdraw money via transfer I was shocked and pissed at the outrageous $25 fee. We all know how much transfers cost, this is just greedy. I HATE being rippled off so I will be withdrawing my money and leaving ndax as a customer.

I just want to start off my saying I love this exchange. They have a great support team and they offer many cryptocurrencies. NDAX holds a majority of their user’s cryptocurrency assets in offline, cold storage for the highest level of security. Furthermore, when assets are moved from cold storage, multiple approvals from their senior management are required, which adds to its level of safety and security. I’ve had nothing but positive experiences exchanging crypto and withdrawing funds using NDAX.

I have tried all Candian exchanges and I can confirm without hesitation that NDAX is in the top 2 of the ones I use. Their spreads are very good, fees are competive and customer service is the best of any Canadian exchange I have used. Quick and savvy staff (even during peak times when crypto is in bull market etc).Highly recommend. Yes, NDAX is a very safe cryptocurrency exchange, with its security standards among the highest in the Canadian FinTech industry.

Here to help, day or night.

NDAX offers a user-friendly interface that helps less-experienced traders buy and sell Bitcoin and other digital assets easily and instantaneously. Professional traders can also take advantage of the site’s advanced trading features. Some areas of improvement would be to increase the number of supported cryptocurrencies, allow trading between Bitcoin and altcoins, improve the mobile app and offer 24/7 customer support. Overall, NDAX is a suitable exchange for beginners and experienced investors to buy, trade and sell digital assets in Canada.

So far pretty reliable

All my CAD withdrawals to bank went smoothly and its fantastic trade fee is just 0.2 percent. Sometimes in P2P you can find much better deals than spot market. You are certainly welcome to withdraw your funds from staking, as long as any required “unbonding” periods have been completed. Please send an email to our team via with your username and a description of the issue you have been facing, and our team will gladly assist.

NDAX Deposit Fees

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I started with NDAX November 28, 2020

NDAX was designed to facilitate fast and simple exchange of virtual currencies for Canadian Dollars (CAD). The trading platform also offers advanced financial instruments such as OTC trading. NDAX has a mobile app available for its users to buy, trade and sell Bitcoin and other digital currencies. New customers can create an account, complete identity verification and deposit funds using the app.

NDAX Wealth – OTC Desk

The user interface is quite intuitive, responsive and elegant in design. We may receive compensation from our partners if you visit their website. A summary of Canada’s major cryptocurrency exchanges and brokers. To find Canada’s best crypto exchange, we tested each platform across 60+ features each.

There is also a calculator to see the amount of crypto that will be received. One downside is that NDAX only supports 30+ different cryptocurrencies, which is a very limited range compared to some competitors. If you are after an exchange where you can buy lots of different coins, you can try Binance with over 600+ different cryptocurrencies. If you are after other options, take a read of this article on the best Canadian cryptocurrency exchanges. NDAX, which is the acronym for National Digital Asset Exchange, is a Canadian cryptocurrency exchange.

Great experience with Ndax

Placing orders on NDAX using the exchange is relatively simple. The most common way to trade Bitcoin/CAD or other pairs is to place a market order at the desired price. Other order types offered include limit, stop, trailing stop, trailing stop market, fill or kill, reserve & iceberg and IOC.