To achieve our vision of being Canada’s best in-class cryptocurrency exchange, we had to be different:
- We consulted with Canadian financial regulators to obtain a segregated Canadian bank account keeping your cash legally separate from NDAX and other participants. We do not use your money to fund our operations. Users' funds are held in a segregated bank account at a Canadian-based banking institution.
- Our relationship with Canadian-based financial institutions offers users an easy-to-use interface capable of handling expedited settlement of funds. In most cases, your funds transfer within one business day.
- Your money always stays in Canada with a Canadian-based financial institution. It is not sent offshore or to other bank accounts in other jurisdictions.
- We strive to keep our fees low. We currently offer no deposit fees and trading fees are 0.2%. Our withdrawal fees are flat rate and vary depending on withdrawal method. See our withdrawal fee page here.
- NDAX is a fully integrated wallet and exchange. Users are able to fund their account with Canadian dollars and use them to buy Bitcoin and other cryptocurrencies. In addition, you are able to go from cryptocurrencies back into Canadian dollars. The price of Bitcoin and other cryptocurrencies can be volatile which makes our model great for clients who want to quickly liquidate back into Canadian dollars. No more waiting for funds to transfer into your account, or worse, freefall while you are waiting for a transfer.
- In addition to these exciting developments, NDAX offers state of the art trading tools with advanced order entries. Advanced traders will appreciate our cutting-edge charting and leading indicators. Take a look here: Order types