NDAX: Canada's Premier Regulated Crypto Exchange

Low Fees, High Security, and Up to 13% Staking Rewards

For Canadian cryptocurrency traders, choosing the right exchange means balancing regulatory compliance, competitive fees, and comprehensive features. NDAX (National Digital Asset Exchange) has emerged as one of Canada's top platforms, offering institutional-grade security, transparent pricing with just 0.2% trading fees, and staking rewards up to 13% APY—all under full Canadian regulatory oversight.

Start Trading on NDAX

What is NDAX?

NDAX is a Calgary-based cryptocurrency exchange founded in 2018, built specifically for Canadian traders. As a FINTRAC-registered Money Services Business and CIRO member (Canadian Investment Regulatory Organization), NDAX operates under strict compliance standards while offering access to 60+ digital assets.

Key Metrics:

• 60+ Cryptocurrencies available for trading
• 0.2% Flat Trading Fee on all transactions
• Up to 13% APY on staking rewards
• $5M Insurance against fraud and theft
• CIRO Member since December 2024
• Available Nationwide across all Canadian provinces

NDAX distinguishes itself as Canada's most regulatory-compliant exchange, combining local expertise with institutional-grade infrastructure.

Core Features

1. Transparent, Low-Fee Trading

NDAX charges a straightforward 0.2% flat fee on all trades—one of the lowest rates among Canadian exchanges. No hidden spreads, no tiered pricing structures, no surprises.

Fee Structure:

• Trading: 0.2% flat fee (maker and taker)
• CAD Deposits: Free (Interac e-Transfer, wire transfer)
• Crypto Deposits: Free
• Crypto Withdrawals: Variable by network (competitive rates)
• CAD Withdrawals: Minimal fees

Comparison with Canadian Competitors:

• NDAX: 0.2% flat fee
• Bitbuy: 0.5% flat fee
• Newton: 0% trading fee (higher spread)
• Wealthsimple: 1.5-2% spread

Experience Low-Fee Trading

2. Comprehensive Cryptocurrency Selection

NDAX supports 60+ cryptocurrencies, all trading directly against Canadian dollars. This simplifies trading and eliminates unnecessary conversion steps.

Major Assets:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Cardano (ADA)
• Polkadot (DOT)
• Polygon (POL)
• Avalanche (AVAX)
• XRP, DOGE, and more

Emerging Projects:

• Sei (SEI)
• Sui (SUI)
• Injective (INJ)
• Celestia (TIA)
• The Graph (GRT)

All coins trade directly against CAD, providing straightforward pricing and execution for Canadian investors.

3. High-Yield Staking Program

NDAX offers one of Canada's most competitive staking programs, with rewards up to 13% APY on select cryptocurrencies.

Staking Features:

• No lock-up periods for most assets
• Flexible unstaking (instant access to funds)
• Daily or weekly reward payouts
• Low minimum requirements
• Cold storage security for staked assets

Current Staking Rates:

• Polkadot (DOT): Up to 13% APY
• Solana (SOL): Up to 5.5% APY
• Ethereum (ETH): Up to 3.3% APY
• Cardano (ADA): Up to 2.8% APY
• Cosmos (ATOM): Competitive rates
• The Graph (GRT): Competitive rates
• Plus: Polygon, NEAR, Celestia, Injective, Sei, and Sui

Example: Stake 10 ETH at 3.3% APY = 0.33 ETH earned annually (~$1,300 CAD at current prices).

Start Earning Staking Rewards

Trading Platforms

Simple Trading

NDAX's intuitive interface offers one-click trading for instant buy and sell orders. Perfect for beginners or those who prefer straightforward execution.

Features:

• One-click buy/sell orders
• Real-time CAD pricing
• Mobile app (iOS and Android)
• Clean, user-friendly interface

Advanced Trading

For experienced traders, NDAX provides professional-grade tools through its advanced trading platform.

Professional Tools:

• Full order book visibility
• Multiple order types (limit, stop, market)
• Customizable technical charts
• Real-time market data
• Advanced indicators
• Order history and analytics

Security & Regulation

Regulatory Compliance

NDAX operates under comprehensive Canadian regulation, providing legitimacy and investor protection.

Regulatory Status:

• CIRO Member: Canadian Investment Regulatory Organization (since December 2024)
• FINTRAC Registered: Money Services Business
• CIPF Protection: Canadian Investor Protection Fund coverage for CAD accounts
• Provincial Licensing: Operates in all Canadian provinces and territories
• AML/KYC Compliant: Meets all anti-money laundering standards

Security Infrastructure

Multi-Layer Protection:

• 95% of funds stored in cold storage (offline)
• Multi-signature Ledger Vault technology
• $5 million insurance against fraud and internal theft
• SOC 2 compliance certification
• Two-factor authentication (2FA) required
• Wallet address whitelisting
• Real-time transaction monitoring

Trade with Confidence

Additional Features

Tax Reporting

NDAX provides comprehensive tax reporting tools that integrate with Canadian tax software. All transactions—including crypto-to-crypto trades—are compiled automatically for accurate filing.

Tax Features:

• Automated transaction reports
• Integration with tax software
• Capital gains/loss calculations
• Historical data export
• Compliance with CRA requirements

OTC Services

For high-net-worth individuals and institutions, NDAX offers personalized over-the-counter trading services.

OTC Benefits:

• Private, secure high-volume trades
• Deep liquidity pools
• Personalized service
• Competitive pricing for large orders
• Institutional custody options

Treasury Services for Businesses

NDAX provides businesses with secure cryptocurrency management solutions.

Business Solutions:

• Secure custody and storage
• Trading infrastructure
• Staking services for corporate treasuries
• Custom integration options
• Dedicated account management

Getting Started with NDAX

Account Setup

Requirements:

• Canadian resident
• Valid government-issued ID
• Proof of address
• Email and phone number

Verification Process:

1. Sign up with email
2. Verify phone number
3. Complete KYC (identity verification)
4. Link bank account or funding method
5. Start trading (typically approved within 24 hours)

Funding Your Account

Deposit Options:

• Interac e-Transfer (instant, free)
• Wire transfer (free)
• Bank draft
• Cryptocurrency deposits (free)

Create Your Account

First Trade

1. Navigate to "Simple Trading" or "Advanced Trading"
2. Select cryptocurrency to buy
3. Enter amount in CAD or crypto
4. Review 0.2% fee
5. Execute trade
6. Assets appear in your wallet instantly

NDAX vs Canadian Competitors

NDAX Advantages:

• Lowest flat trading fee (0.2%)
• Highest staking rewards (up to 13%)
• Most comprehensive regulation (CIRO member)
• Built-in tax reporting
• Advanced trading tools included
• Direct CAD pairs for all assets

User Experience & Reviews

What Users Say

NDAX maintains a Trustpilot score of 3.4/5 based on 200+ reviews, with many long-term users praising the platform's evolution.

Positive Feedback:

• "Best Canadian exchange I've tried—spreads and fees are excellent"
• "Using NDAX for 3+ years with great experiences"
• "Competitive fees and keeps growing their product offering"
• "Easy to use with professional tools when needed"

Areas for Improvement:

• Occasional withdrawal delays during high volume
• Customer support response times can vary
• Limited liquidity for some smaller altcoins

Platform Evolution

NDAX has consistently improved since 2018, addressing early user concerns:

• Enhanced customer support infrastructure
• Expanded cryptocurrency selection
• Improved mobile app functionality
• Added advanced trading features
• Strengthened regulatory compliance (CIRO membership)

Join Thousands of Canadian Traders

Institutional Solutions

For Professional Traders

NDAX caters to institutional clients with specialized services:

Institutional Features:

• High-volume OTC trading desk
• Custom custody solutions
• API access for algorithmic trading
• Dedicated relationship managers
• White-glove onboarding
• Enhanced liquidity for large orders

For Businesses

Treasury Management:

• Corporate account structures
• Multi-user access controls
• Compliance reporting
• Staking services for idle assets
• Integration with business banking

Canadian Focus & Advantages

Why Choose a Canadian Exchange?

Regulatory Protection:

• FINTRAC oversight ensures AML/KYC compliance
• CIRO membership provides investment dealer oversight
• CIPF protection for CAD deposits
• Clear legal recourse under Canadian law

Financial Advantages:

• Direct CAD trading pairs (no USD conversion)
• Canadian banking integration
• Interac e-Transfer support
• No foreign exchange complications
• Tax reporting aligned with CRA requirements

Local Support:

• Canadian-based customer service
• Understanding of Canadian regulations
• Time zone alignment for support
• Local payment methods

Key Considerations

Advantages

Regulatory Leadership: Only Canadian exchange with CIRO membership Transparent Pricing: Clear 0.2% fee with no hidden costs High Staking Yields: Industry-leading rewards up to 13% APY Comprehensive Security: $5M insurance plus cold storage Professional Tools: Advanced trading platform included Tax Simplification: Built-in reporting for CRA compliance

Trade-offs

Cryptocurrency Withdrawals: Higher fees compared to some competitors (consider holding or staking on platform) Liquidity: Lower volume on smaller altcoins compared to global exchanges Customer Support: Can experience delays during high-volume periods

Best For

• Canadian residents seeking regulatory protection
• Cost-conscious traders (0.2% fee is among lowest)
• Long-term holders wanting staking income
• Professional traders needing advanced tools
• Tax-conscious investors (built-in reporting)
• Businesses managing crypto treasuries

Open Your NDAX Account

The Bottom Line

NDAX has established itself as Canada's most comprehensively regulated cryptocurrency exchange, combining institutional-grade security with retail-friendly features. The 0.2% flat trading fee beats most competitors, while staking rewards up to 13% APY provide compelling passive income opportunities.

For Canadian traders prioritizing regulatory compliance, transparent pricing, and professional trading tools, NDAX delivers a complete package. The CIRO membership and CIPF protection offer peace of mind unavailable from most competitors, while the straightforward fee structure eliminates the confusion of spread-based pricing.

Whether you're a beginner making your first crypto purchase or a professional trader requiring advanced tools and OTC services, NDAX provides the infrastructure, security, and regulatory oversight that Canadian investors need.

Start Trading on NDAX Today

0.2% Trading Fees • Up to 13% Staking • Fully Regulated • $5M Insurance

Quick Reference

Trading Fees: 0.2% flat on all trades Deposits: Free (Interac, wire, crypto) Staking: Up to 13% APY on 13+ cryptocurrencies Assets: 60+ cryptocurrencies, all vs CAD Regulation: CIRO, FINTRAC, CIPF protected Security: $5M insurance, cold storage, SOC 2 Support: Canadian-based team Apps: iOS and Android available

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries significant risk including the potential loss of your entire investment. Market volatility, regulatory changes, and technical issues can impact your holdings. Always conduct thorough research, understand the risks involved, and never invest more than you can afford to lose. NDAX is a registered platform subject to Canadian regulations, but cryptocurrency holdings are not covered by CDIC or standard investment protections. Past performance does not guarantee future results.