NDAX is a beginner-friendly crypto exchange. It is the only Canadian crypto exchange that offers crypto staking. Many Canadians believe that NDAX is the cheapest crypto exchange in Canada with the lowest fees. NDAX offers free deposits, fixed withdrawal fees, and a fixed 0.2% buy/sell fee, which makes it easier to work out how much you will be charged per trade.
NDAX, a Canadian cryptocurrency exchange, offers a variety of deposit methods including Interac e-Transfer, Wire transfer, and Bank draft, all catering to Canadian dollars (CAD). This makes it a convenient crypto platform for Canadian users.
Pros:
- Free deposits
- No deposit/withdrawal minimum or maximum
- Fixed 0.2% buy/sell fee
- Wide range of coins available
- Fast Interac deposits
- Send, request, and gift crypto to another NDAX user for free, instantly
- Address whitelisting
Cons:
- Only CAD deposits accepted
- No credit/debit cards accepted
- $4.99 flat fee for wire/bank withdrawals
- Hidden fees (e.g. high spread)
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When making financial and legal decisions and commitments, we strongly recommend you consult your professional financial and legal services provider. Our website uses referral links to various crypto exchanges as a means of monetization. We appreciate it if you choose to use the in-article links, but the decision is ultimately yours.