$10 Bonus for signing up
What is NDAX
NDAX (National Digital Asset Exchange) is a fairly new Canadian cryptocurrency exchange located in Calgary, Alberta. NDAX is currently only available to Canadian users.
NDAX is registered as a Money Service Business (MSB), making them subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and applicable regulatory framework of the Financial Transactions and Reports and Analysis Centre of Canada (FINTRAC).
What does this mean? It means that your assets are being held by a company that takes security and compliance with Canadian banking laws seriously. Your money is not sent off shore. It is safe here at home.
What coins do they support
NDAX, as of this review currently supports 11 different cryptocurrencies. The most out of all the Canadian Exchanges. Do they have DOGECoin? Yes, yes they do. Here is the full list of coins they support:
NDAX Advanced Trading
NDAX Supports many advanced trading features above the standard limit and market orders. Features that will raise your trading game. Some of these features include:
- Stop orders: as prices fall, stop orders set a threshold below which an order will fill.
- Stop-limit orders: sets a lower limit for stop orders.
- Trailing-stop orders: as prices hit their peak, sets a price distance prices must fall before an order fills.
- Fill-or-kill orders: cancels large orders if they cannot be filled immediately.
These features can be overwhelming to beginners. Thankfully the NDAX trading platform is extremely user friendly. One of the nicest and smoothest platforms we have used. You can also take advantage of other features such as recurring buys, and reporting. They also provide 24/7 live customer support.
- 0% funding and withdrawal fees
- Compliance with Canadian banking regulations
- Many funding options. Including Interac eTransfers, Credit Cards, and Wire Transfers
- Low 0.2% Trading Fees
- Supports iOS, Android and an easy to use yet advanced web page
- Supports several advanced order types (Fill-or-Kill, Stop Orders, Stop Limit, Trailing stop)
- Supports 11 different cryptocurrency coins (see above for list)
- $10 Bonus with NDAX Referral Link
Offer Details: Must sign up with referral button below and must complete phone, email, identity verification and purchase at least $100 worth of cryptocurrency. No commitment. You can withdraw your funds at any time.
Getting set up on the NDAX platform was easy. Signed up with a referral link. And completed verification in minutes. The web interface is extremely easy to use and smooth. (our preferred platform) We only briefly used the mobile version, however that was also very user friendly. The selection of coins to purchase is much better than anything else Canada has to offer. And we like that we are keeping more of our money close to home versus sending to exchanges on the other side of the world. If you are looking for advanced trading features. Look no further.