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Yields are competitive — I checked — with what’s available elsewhere. Using it is extremely simple and fast, which is what I’ve come to expect of NDAX. Setting up the contract is very easy and there is no confusing jargon. Our Content on the Website is Our own opinion and does not constitute financial or investment advice in any way whatsoever. Nothing published on the Website constitutes an investment recommendation, and You should not rely on any data or Content published by Us for any financial or investment activities. Our Website may link to external sites or content not controlled by us.

NDAX has so far never been hacked since its establishment in 2018. I sent a deposit using e-transfer and it said it is being reviewed. I am going to contact my bank and see if they can reverse the e-transfer.

1. The provision of tools and resources that empower traders to make informed decisions is central to the exchange’s design philosophy.
2. On the other hand, Coinbase has 140+ coins, no CAD trading pairs, and a 4.54% total purchase fee.
3. NDAX holds a majority of user funds in an offline, multi-signature wallet.

NDAX Wealth is intended for investors who want to invest $200,000 or more while avoiding price slippage. It was easy to put it in but after a week of trying to get it out I’m becoming frustrated. Go to your dashboard and click on withdrawal, or go to My Wallet and click on withdrawal, then on CAD. In February 2022, NDAX introduced staking, making it the first domestic Canadian exchange to add the much sought after feature. You have access to well-known coins including Bitcoin (BTC/CAD), Ethereum (ETH/CAD), Ripple (XRP/CAD), Litecoin (LTC/CAD), Dogecoin (DOGE/CAD), and Cardano (ADA/CAD). While we strive for accuracy, the content on our Website, including articles, reviews, and opinions, is for informational purposes and may not always be up-to-date or error-free.

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.

NDAX Exchange Review

Furthermore, withdrawal rates at NDAX are fixed, which is more affordable than the percentage rate that Bitbuy imposes on its users. Following regulations and implementing appropriate security measures are essential for cryptocurrency exchanges considered best for Canadians. There are plenty of safe options, such as NDAX, where you can safely invest. If you want to withdraw or send above $2500 their fee is always only $25 (solid money). If you buy small amount of crypto for fun or curious , don’t use Ndax use another platform.

NDAX Wealth – OTC Desk

This is not dictated by NDAX but is rather due to Ethereum’s transition to proof of stake. The NDAX exchange has many features helping the platform stand out among Canadian-based crypto platforms. In this NDAX review, we will closely examine what this platform offers and how it stands up to the competition. They tell 1 to 4 hours but never reply or call back 3 days i am waiting. Some of the products and services listed on our website are from partners who compensate us.

Which Crypto’s Does NDAX Support?

The National Digital Asset Exchange Inc. (NDAX) – situated in Calgary – is one of the best Canadian crypto exchanges around. 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.

If you have any further questions or concerns, please email It may not have as many altcoins as some other exchanges, but what it does offer is more than enough for the average trader who wants to build a position in crypto. In the digital age, the security of an exchange is paramount. NDAX underscores this by implementing a multi-tiered security ndax review infrastructure that mitigates risks and safeguards user assets. The provision of tools and resources that empower traders to make informed decisions is central to the exchange’s design philosophy. The aim is to create an environment where trading is not just about transactions but also about knowledge-sharing and community building.

Our NDAX review found that fiat withdrawals usually take up to one business day, mostly depending on the bank’s business hours. Bitbuy’s trading fees of 0.5% aren’t as affordable as those on NDAX. To get more favourable rates on Bitbuy, you’ll need to use Bitbuy Pro or the API, which are not as easy to handle by beginners.

Best Canadian crypto platform

NDAX has carved out a significant niche in the expanding universe of digital asset trading. As a gateway to the world of cryptocurrencies for Canadians, the exchange has become synonymous with trust and efficiency. The NDAX over-the-counter trading desk gives crypto investors access to a diverse assortment of crypto assets and deep liquidity. It also allows conducting large-volume trades with no quote slippage.

This approach ensures that all participants, irrespective of their trading volume or frequency, can engage with the platform with a clear understanding of the costs involved. The more significant difference between these two exchanges is the level of customer service. While NDAX provides skilled assistance and a live chat for critical issues 24/7, the easiest way to contact the Bitbuy support staff is via email.

Blockchains send crypto instantly…But Not NDAX

Ledger is a market leader in cryptocurrency storage, and NDAX isn’t the only exchange using it. NDAX (National Digital Asset Exchange Inc.) is a cryptocurrency trading platform made in Canada and available to crypto investors globally. Regulated as a money service business dealing in virtual currencies, it’s a safe place for anyone to invest. Got verified within a few minutes of uploading the required documents.

Keep up the great work your doing.by watching out for us little guys and gals. Gain trust and grow your business with customer reviews. Information regarding a business’s commitment to promoting ethical trade throughout their supply chain will be shown here, if applicable. Newton also uses reliable security measures, as it’s partnered with Coinbase, which provides institutional-grade security for users’ assets. NDAX added this staking option in February 2022, and you can set up staking through a web or mobile application.

There is also a Quick Buy/Sell section on the top right section of the screen. This is the easiest and quickest way for beginners to make trades on NDAX.