Ndax review
- Fiat currencies
- 1
- Supported assets
- 66
Our verdict
Ndax lets you trade over 65 cryptos with competitive fees on a secure Canadian platform.
Ndax is a solid option for Canadians who want to start trading crypto. It makes it quick and easy to buy crypto with CAD, a flat fee of 0.20% applies to all trades, and Ndax also supports advanced tools for experienced traders.
There are some areas where it doesn’t excel, including fiat withdrawal fees and support for a limited selection of cryptos only. But if you’re looking for a legit, affordable and regulated Canadian platform, there’s a lot to like about what Ndax has to offer.
Best for: Anyone who wants competitive fees when they buy crypto with CAD.
Pros
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Transparent fees
-
User-friendly platform
-
Free deposits
-
Supports staking of 18 cryptos
-
Advanced Trading platform
-
Regulated Canadian exchange
Cons
-
Withdrawal fees apply
-
Other platforms support a wider range of cryptos
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No debit/credit card funding
Details
Product details
| Product Name | Ndax |
| Fiat Currencies | CAD |
| Cryptocurrencies | BTC, ETH, XRP, SOL, USDC, DOGE, ADA, LINK & 58 more |
| Deposit Methods |
Cryptocurrency Interac e-Transfer Wire transfer |
| Trading Fee | 0.2% |
| Deposit Fees |
Interac e-Transfer: $0 Wire: $0 Crypto: $0 |
| Withdrawal Fees |
CA Withdrawals: $1.50 Interac e-Transfer: $4.99 Wire: $4.99 Crypto: Varies (free instant transfers between Ndax accounts) |
What is Ndax?
Ndax is a Canadian crypto exchange platform where you can buy and sell dozens of cryptocurrencies. Founded in 2018 and headquartered in Calgary, this fully regulated platform is designed to make it quick and easy to buy crypto with CAD. Ndax also offers an Advanced Trading platform with pro-level tools to suit more experienced traders.
Ndax stands for National Digital Asset Exchange.
Ndax features
Ndax offers the following key features to Canadian users:
- Trade 65 + cryptos. You can trade more than 65 crypto assets on Ndax, including major coins and tokens like Bitcoin (BTC), Ethereum (ETH), USDC and XRP.
- Simple Trading platform. Simple Trading is a user-friendly platform designed to make it quick and easy to buy and sell cryptocurrencies using market orders.
- Advanced Trading platform. Advanced Trading on Ndax provides experienced traders with access to features like advanced order types, customizable chart indicators, an order book and real-time market data.
- Advanced order types. Experienced traders can take advantage of limit orders as well as stop orders, stop limits, trailing stop limits, trailing stop markets, fill or kill orders, immediate or cancel orders and iceberg orders.
- Staking. You can stake 18 crypto assets on Ndax to earn passive income, including Ethereum (ETH), Cosmos (ATOM) and Cardano (ADA).
- Auto Invest. The Auto Invest feature allows you to set up recurring crypto purchases and adopt a dollar-cost averaging strategy.
- Address Book. Ndax’s Address Book allows you to store wallet addresses for your crypto transactions, enjoy convenient withdrawals, and whitelist crypto wallet addresses for added security.
- Educational resources. Ndax provides a range of videos, guides and other educational resources through its Ndax Lighthouse learning centre.
- OTC desk. Ndax offers an over-the-counter trading desk for institutional clients placing trades of $25,000 or more.
- Business services. Ndax also provides a full suite of crypto services for businesses, including a treasury service, liquidity pools and a white-label trading platform.
What cryptos can I trade on Ndax?
Ndax supports over 65 crypto assets. However, some of the world’s largest cryptos are not available, such as BNB, TRON (TRX) and Monero (XMR).
Check out the full list of coins and tokens you can trade on Ndax below:
Popular crypto assets on Ndax
- BTC
- ETH
- XRP
- SOL
- USDC
- DOGE
- ADA
- LINK
Popular assets Ndax does NOT support
- USDT
- BNB
- TRX
- BCH
Ndax fees
Ndax charges a competitive and transparent fee of 0.2% on all trades. There are no deposit fees to worry about, but small withdrawal fees apply.
Check the table below for a breakdown of Ndax’s fees.
| Fee | Amount |
|---|---|
| Deposit | Interac e-Transfer: $0 Wire: $0 Crypto: $0 |
| Trading fee | 0.2% |
| Withdrawal fee | CA Withdrawals: $1.50 Interac e-Transfer: $4.99 Wire: $4.99 Crypto: Varies (free instant transfers between Ndax accounts) |
| Staking fee | 0.2 |
Ndax payment methods
| Deposit method | Processing time |
|---|---|
| Interac e-Transfer | 0-30 minutes |
| Wire transfer | 0-1 business days |
| Crypto deposit | Varies depending on the crypto |
How do I withdraw money from Ndax?
There are three ways to withdraw money from your Ndax account: crypto transfer, Interac e-Transfer and EFT. Withdrawal processing times and transaction limits are shown in the table below.
| Withdrawal method | Limit | Processing time |
|---|---|---|
| Crypto transfer | N/A | Varies |
| Interac e-Transfer | $10,000 maximum | 0-30 minutes |
| EFT | No minimum or maximum | 0-1 business days |
Pros and cons of Ndax
Pros
- User-friendly platform. If you're looking for a quick and easy way to buy crypto with CAD, Ndax's online platform and mobile app have got you covered.
- Advanced Trading platform. If you want features like advanced order types and trading charts with customizable indicators, you can check out Ndax Advanced Trading.
- Competitive and transparent fees. Ndax charges a flat 0.2% fee on all trades, with no confusing tiered fee structure to worry about.
- Regulated Canadian exchange. When you trade with Ndax, you get the peace of mind of dealing with a secure and regulated Canadian exchange.
Cons
- Watch out for withdrawal fees. Ndax charges a $1.50 fee for e-Transfer withdrawals and a $4.99 fee for EFT withdrawals.
- Limited cryptos. Some other exchanges support a wider range of altcoins.
- No debit/credit card funding. If you want to pay for your purchases using a debit card or credit card, you'll need to consider other trading platforms.
The Ndax crypto trading app and wallet is free to download to iOS and Android devices. It boasts a slick user interface that’s reasonably easy to understand right from the get-go, so it won’t take a beginner very long to search for the crypto they want to purchase and place their first buy order.
You can also use the app to stake tokens, set up recurring purchases, check real-time prices and access portfolio insights. The app is highly rated among Apple and Android users alike, so it’s worth a look if you prefer to manage your crypto from your smartphone.
Is Ndax legal in Canada?
100%. Ndax is registered as an investment dealer under securities legislation in all provinces and territories of Canada. It’s also a member of the Canadian Investment Regulatory Organization (CIRO), and is registered as a Money Services Business (MSB) with FINTRAC and Revenu Québec.
Is Ndax safe to use?
Yes, Ndax is generally regarded as a safe and secure crypto exchange that has never been hacked. However, in February 2026, Ndax was notified by third-party service provider SumSub, which provides ID verification and KYC services, that it had been hit by a data security incident. The incident concerned personal information associated with a limited number of Ndax accounts, but there was no indication that Ndax’s systems were compromised.
Ndax also has a variety of security measures in place to help protect your assets and data. Customer assets are held separately from Ndax’s assets, with at least 80% of client crypto assets held with third-party custodians. The platform uses a mix of cold, warm and hot wallets to manage client assets, and the custodians it uses are regulated as trust companies across Canada and the US. Ndax and the custodians also have insurance coverage in place to cover the digital assets of customers.
Ndax also monitors accounts for suspicious activity, and undergoes independent SOC 2 Type 2 audits to assess the security of its systems for hosting client data.
Last but not least, Ndax is a member of the Canadian Investor Protection Fund (CIPF). This provides coverage for the cash (but not the crypto assets) held in your Ndax account.
What do Ndax reviews have to say?
Ndax reviews tend towards the positive end of the spectrum, but the platform has picked up some mixed feedback as well. Users who leave positive reviews mention factors such as helpful and responsive customer support as well as the platform’s ease of use. Negative reviewers have a much less complimentary view of Ndax’s customer service and complain about factors like delayed withdrawals.
| Site | Details |
|---|---|
| Trustpilot | 3.9/5 stars based on 326 + reviews |
| Apple App Store | 4.7/5 stars based on 15,000 + reviews |
| Google Play | 4.7/5 stars based on 5,600 + reviews |
*Ratings were last verified on 20 October 2026
How to buy crypto on Ndax
Want to place your first buy order on Ndax? Here’s what you need to do.
Step 1: Create an account
You can sign up online or by downloading the Ndax app. You’ll need to enter your name and email address, create a username and password, enter your date of birth and address, verify your phone number, and submit proof of ID and a selfie.
You’ll also need to deposit funds to your account so you can start trading.
Step 2: Start your buy order
Log into your Ndax account and tap Trade. Search for the crypto you want to buy and then enter either the amount of crypto you want to purchase or the value of CAD you want to spend.
Step 3: Review and confirm your purchase
Tap Place Buy Order and then review all the details of your transaction, including the trading fee. If you’re happy with everything, confirm the buy order.
Alternatives to Ndax
Still not sure whether Ndax is the right platform for you? Compare it with other crypto exchanges in the table below:
Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
Bottom line
Ndax is definitely worth a look for Canadians who want to buy and sell crypto. It’s easy to use, has competitive fees, and also offers some features to please more experienced traders. Compare Ndax alongside a host of other exchanges before deciding on the best trading platform for you.
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