Ndax Review

Established in 2017, Ndax stands as Canada's foremost crypto exchange, offering a diverse selection of cryptocurrency pairs tailored to meet the needs of traders at every level. With competitive fees starting at just 0.2%, our platform provides accessible trading opportunities for all users. Seamlessly trade on the go with our intuitive mobile apps for iOS and Android devices.

Experience peace of mind with our dedicated 24/7 call center and take advantage of our lucrative bug bounty program, adding an extra layer of security to your trading journey. Join Ndax today and embark on a path to crypto success with a trusted leader in the industry.

Ndax Staking

At Ndax, transparency is key when it comes to staking commissions. Regardless of asset volume, type, or staking plan, Ndax maintains a consistent staking commission rate of 20%, ensuring simplicity and fairness for all users. This flat commission applies uniformly across every staking plan and staked amount, with no additional validator fees charged by Ndax. Furthermore, Ndax stands out as the exclusive platform in Canada where GRT (The Graph) can be staked, offering users unique opportunities in the market.

Ndax prides itself on providing some of the highest and most stable Annual Percentage Yields (APYs) for staking in Canada. The stated APYs on the website remain consistent for selected plans, offering users predictability and reliability in their staking rewards. In the event of any updates, users are promptly notified by the Ndax team, ensuring transparency throughout the process. Unless there are updates, users can rest assured that they will continue to earn the same APY for their subscribed staking plan, providing peace of mind and consistency in their staking endeavors.

Below you'll find an example of the staking APIs available at Ndax;

• ETH: 3.7%
• ADA: 3%
• SOL: 5.5%
• MATIC: 5%
• NEAR: 7%
• ATOM: 13%
• GRT (Flexible): 2.5%, GRT (Regular): 8%
• DOT (Flexible): 4%, DOT (Regular): 12%
• TIA: 11% 

Ndax Affiliate Program

When users refer a friend to Ndax and the friend deposits a minimum of $100, both the user and the referral stand to benefit. Users can earn up to $25 CAD and offer their referrals $10 CAD. Additionally, users earn a 10% commission on the fees generated by their referrals.

Supported Cryptocurrencies

Ndax offers an extensive selection of cryptocurrencies, tailored to suit the varied preferences of its users. From well-established options like Bitcoin, Ethereum, Litecoin, and Tether, to emerging tokens such as Arbitrum, Chia Network, and ImmutableX, our platform provides a diverse array of choices for cryptocurrency transactions.

In 2024, Ndax welcomed four exciting cryptocurrencies to its family: QUANT (QNT), INJECTIVE (INJ), OPTIMISM (OP), CELESTIA (TIA), RENDER (RNDR), Pyth Network (PYTH), and Fetch.ai (FET), making it the first Canadian crypto trading platform to carry CELESTIA (TIA). Below is a comprehensive list of the cryptocurrencies available on Ndax:

Bitcoin (BTC), Ether (ETH), Solana (SOL), Cardano (ADA), USD Coin (USDC), XRP (XRP), Fantom (FTM), Polygon (MATIC), Hedera Hashgraph (HBAR), Chainlink (LINK), Shiba Inu (SHIB), ARBITRUM (ARB), Dogecoin (DOGE), Avalanche (AVAX), Stellar (XLM), Optimism (OP), Polkadot (DOT), Celestia (TIA), Algorand (ALGO), Litecoin (LTC), VeChain (VET), NEAR Protocol (NEAR), Injective Protocol (INJ), Alien Worlds (TLM), The Graph (GRT), Cosmos (ATOM), Gala Games (GALA), Axie Infinity (AXS), Celo (CELO), Quant (QNT), The Sandbox (SAND), Aave (AAVE), Decentraland (MANA), Compound (COMP), Uniswap (UNI), EOS (EOS), RENDER (RNDR), Pyth Network (PYTH), and Fetch.ai (FET).

Security and Registration

Ndax raises the standard for the global fintech industry by implementing advanced security measures and achieving the distinction of being the first Canadian crypto platform to obtain SOC2 Type II certification. With security at the forefront, Ndax ensures the safety of user assets through rigorous protocols.

The platform's security standards rank among the highest in the Canadian FinTech landscape. Ndax safeguards the majority of digital assets in offline cold storage, fortified by multi-signature technology provided by Ledger Vault, a global leader in cryptocurrency security solutions. Additionally, Ndax is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and Revenue Québec as a Money Service Business (MSB), ensuring compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), along with other pertinent regulations.

Ndax has also filed a Pre-Registration Undertaking (PRU) with the Canadian Securities Administrators (CSA) to ensure continued compliance with Canadian regulations.

Ndax distinguishes itself in the cryptocurrency industry by maintaining robust compliance procedures, fostering a solid reputation with regulatory and governmental entities. The platform upholds strict Know Your Client (KYC) processes aligned with industry best practices and mandated by legislation, further bolstering trust and security for its users.

Customer Support

Dualcoin.io prioritizes a robust support system to assist users effectively. Users can reach out for assistance through the official Telegram channel or contact the support team via email at [email protected]. The platform's technical support operates diligently from 09:00 to 21:00 UTC+3, seven days a week. This dedicated schedule ensures that users receive timely and reliable technical assistance, contributing to a seamless experience on Dualcoin.io. Whether it's addressing queries or resolving technical issues, the support team is committed to providing responsive and comprehensive assistance during the specified working hours.

Ndax Fees

Ndax prioritizes affordability and efficiency in traders' experiences. With a flat 0.2% trading fee, regardless of trade volume or frequency, Ndax ensures that trades are executed with minimal costs and maximum precision. The platform maintains consistently tight spreads, making Ndax one of Canada's most competitive platforms for cryptocurrency trading.

Ndax Deposit Fees

Traders enjoy the freedom to fund their trading journey with Ndax, as there's no minimum deposit required. This allows them to start trading with any amount they're comfortable with. Traders can utilize free deposit options such as Interac e-Transfer or Wire Transfer, enabling them to fund their accounts without incurring additional charges. Ndax now also offers USD deposits to customers!

Ndax Withdrawal Fees

Ndax assures traders that there are no hidden fees for withdrawals—all fees are flat and not percentage-based. Traders can benefit from multiple fiat withdrawal options at low cost, including EFT (Direct Bank) for $4.99 CAD and e-Transfer withdrawal for $1.50 CAD. With limitless transactions, although e-transfer withdrawals have a $3000 limit per transaction, traders can withdraw their funds with ease. Additionally, crypto withdrawal fees are asset-based and flat, advantageous for high-volume traders. Ndax also offers multi-network options for crypto asset withdrawal, ensuring flexibility and convenience.

New BTC Withdrawal Options: Now Including a Free Option

Ndax has introduced enhanced Bitcoin withdrawal options, providing users with greater choice, flexibility, and transparency when moving their Bitcoin into self-custody. It has also reduced the fees for the express withdrawal option.

• Express Withdrawal: Immediate processing with the highest priority, now costing 0.000299 ₿ (reduced from 0.000399 ₿).
• Standard Withdrawal: Balanced in cost and speed, processed within 4 hours, costing 0.000149 ₿.
• Free Flex Withdrawal: Completely free, taking up to 12 hours, making Ndax one of the most cost-effective platforms in Canada for Bitcoin withdrawals.

Additional Ndax Features

Markets Pages: Discover Ndax’s Advanced and Upgraded Market Tracking Capabilities

Ndax now provides live prices for nearly 15,000 coins, featuring advanced filtering and tagging options. These market pages are designed to help users track trends, monitor favorite cryptocurrencies, and stay ahead of the market.

Key Features:

• Market Indicators: Includes TREND, RSI, MACD, OHLC data, and exchange indicators.
• Heatmaps: Visual tools for in-depth market analysis.

Ndax Lighthouse: A Comprehensive Learning Hub for Everyone

With the launch of the newly upgraded website, Ndax introduces Ndax Lighthouse, a comprehensive learning hub dedicated to all things crypto. This enhanced educational resource aims to be the go-to source for everything related to cryptocurrency, offering a wide range of materials from news updates to in-depth articles and video tutorials.

Key Features of Ndax Lighthouse:

• Blog: Stay updated with the latest industry developments.
• News: Access the most recent news in the crypto world.
• Learn Coins: Dive deep into cryptocurrency knowledge with detailed information.
• Videos: Learn through engaging crypto tutorials and videos.

Dust Conversion: Simplify Portfolio Management

The new Dust Conversion feature addresses the issue of small, unusable crypto balances left over from trades, known as "crypto dust." These small amounts can now be converted into a more usable form.

Dust Conversion solves a common pain point for cryptocurrency users. By allowing users to easily convert those small, unusable balances into BTC, they can:

• Tidy up their wallet and simplify portfolio management
• Unlock the value trapped in dust and put it to better use
• Increase overall asset liquidity and trading flexibility