NDAX Review 2025 Is NDAX Exchange Legit & Safe To Use?

NDAX Review 2025 Is NDAX Exchange Legit & Safe To Use?

It is possible to stake Cardano, Polkadot, Ethereum, Matic, and The Graph on NDAX. 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.

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• Yields are competitive — I checked — with what’s available elsewhere.
• Over time, NDAX has significantly expanded its list of supported cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Dogecoin, and more.
• What makes NDAX stick out from the crowd is its focus on usability combined with advanced trading tools for all levels of traders.
• Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us.
• Ndax Crypto, wire and interac e-transfer deposits are free for folks in Canada.
• New coins are also added from time to time, so their collection is slowly growing.

Alternatively, check our big research on the best crypto exchanges in Canada or try BitBuy. NDAX is a cryptocurrency exchange for Canadians, based in Calgary, aiming to compete with BitBuy as the most affordable crypto exchange in Canada. When I first tested and reviewed NDAX back in 2020, I listed quite a few drawbacks about the platform. But I have to admit, NDAX is one of those rare exchanges that consistently works to improve.

• Even with the ghost fee, the total trading cost on Ndax is significantly cheaper than massive exchanges like Kraken and Coinbase.
• Some exchanges let you skip it, but I’d rather be forced to enable 2FA than deal with the headache of unauthorized access.
• NDAX prioritizes adherence to regulatory standards, keeping client funds in segregated bank accounts, and operating under FINTRAC regulations.
• NDAX, which stands for National Digital Asset Exchange, was launched in May of 2018.
• 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).
• In comparison, exchanges like Newton and Coinbase make this process much smoother by allowing you to connect your bank account directly.

Where is NDAX based?

The exchange also lists a number of Layer 1 blockchains and Proof-of-Stake cryptocurrencies. All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment. Overall, both platforms are more or less the same quality ways. But for smaller investors, the $25 NDAX withdrawal fee is a big drawback.

The NDAX operations team is committed to delivering a smooth trading experience throughout your crypto journey. For the average trader, trading on the NDAX exchange is easy and intuitive. Unlike some other exchanges, you don’t need to be tech savvy in order to buy crypto, ndax review sell crypto, and transfer trading profits to your bank account. For fiat currency withdrawals, NDAX customers can choose between the Bank Direct and Wire Transfer options. The exchange charges a flat $25 CAD fee on fiat withdrawals, regardless of the payment rails that are being used and the size of the withdrawal. There are also flat fees for cryptocurrency withdrawals from NDAX, although the fee varies for each cryptocurrency that’s listed on the exchange.

NDAX Deposit Fees

Each cryptocurrency listed on NDAX has its own dedicated page, covering the coin’s history, use cases, charting tools, and step-by-step guides on how to buy. As someone who’s tested countless exchanges, I appreciate this level of detail because it helps users – especially beginners – make more informed decisions. The NDAX Wealth OTC trading desk is the place for institutional crypto traders and investors who have deeper pockets and require a bigger liquidity pool. Here you can easily make deposits of over $200,000 in one single go. Deposit or withdraw large amounts of bitcoin or any other cryptocurrency with increased security and customer support from a very professional team.

Boost Crypto Rewards

One of the most noticeable improvements is their mobile app. It’s well-designed, straightforward, and easy to navigate, whether you’re a beginner or a more advanced trader. The app handles everything seamlessly – from deposits and withdrawals to viewing markets and placing trades – without overwhelming users with unnecessary features.

This feature provides businesses with a secure environment for managing cryptocurrencies. It includes custody, trading, and staking solutions, all within a robust security framework. The advanced interface supports sophisticated trading actions, ensuring seasoned users have all the tools to optimize their trades. Whether you’re looking to place limit, stop, or trailing-stop orders, Ndax’s Advanced Trading tool will help you. Moreover, Ndax’s focus on security and compliance ensures a safe and regulated trading environment, which is always a bonus. This commitment to safety and regulation helps build trust with users, answering the commonly asked question, “Is Ndax safe?

NDAX, short for National Digital Asset Exchange, is a Canadian crypto exchange established in 2018. Since its launch, NDAX has built a solid reputation for its low trading fees, large selection of cryptocurrencies, FINTRAC membership, and more. Put the high withdrawal fees into the mix and what comes out is one mediocre platform. In conclusion, NDAX does well in the Canadian space but cannot compete with multinational crypto exchanges.

You might need to explore other trading platforms like Binance or Bybit if you’re an international trader or someone looking for these advanced features. First off, Ndax charges a competitive trading fee of just 0.2% for both buying and selling cryptocurrencies. This flat rate applies no matter how much you’re trading, making it easy to understand and plan for. This fee is relatively low compared to many other crypto exchanges, making Ndax an attractive option for frequent traders.

The fees are similar to the Canadian exchange Bitbuy, however, the total fees on NDAX are slightly cheaper due to zero deposit and withdrawal fees. Overall, the fees on NDAX offer excellent value for money for residents in Canada to maximize their Bitcoin or crypto investment or cash out and sell back to CAD. NDAX makes money from trading fees on both buy and sell transactions. NDAX also makes money when you withdraw fiat to your bank account and crypto to your external wallet. NDAX charges a fixed 0.2% fee for buying and selling, no matter how you trade. They also offer free deposits with no minimum or maximum limits, which is a nice perk for Canadian users.