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Review·Crypto

NDAX Review (2026)

Canada's low-fee crypto exchange for serious traders.

Shaun BartonReviewed by Shaun Barton

What is NDAX?

NDAX, short for National Digital Asset Exchange, is a Calgary-based crypto exchange that has served Canadians since 2018. It is built more like a traditional exchange than a simple buy button, with order books and more trading tools.

NDAX supports dozens of popular coins, Interac e-Transfer and wire deposits, and a mobile app for trading on the go. Its clearest selling point is a flat, published trading fee, which makes costs easy to compare.

Quick Facts

Category
Crypto
Founded
2018
Headquarters
Calgary, Alberta
Regulation
Registered crypto trading platform, FINTRAC registered
Sign-up bonus
$10 Cash Bonus
See the NDAX referral offer

Our NDAX Review

An independent editorial assessment based on our hands-on experience with the platform.

4.0out of 5

A reliable Canadian crypto exchange with transparent maker/taker pricing.

NDAX takes a more traditional exchange approach with an explicit maker/taker fee structure starting at 0.20% — a refreshing contrast to the opaque spread-based pricing used by most Canadian platforms. Advanced order types including limit and stop orders give patient traders real control over execution price. It's a dependable platform that has served Canadian crypto investors consistently since 2018.

+What we like
  • Explicit 0.20% maker/taker fee structure — no hidden spreads
  • Advanced order types: limit orders and stop orders available
  • FINTRAC registered with operating history since 2018
  • 35+ curated cryptocurrencies covering all major assets
  • Instant Interac deposits with fast bank withdrawals
−What could be better
  • No staking, lending, or yield products
  • Smaller coin selection than Newton or Netcoins
  • Mobile app is functional but less polished than top-tier platforms
★

The Verdict

NDAX is the best choice for Canadians who want transparent fee pricing and limit order control without the complexity of a full professional exchange.

What NDAX offers

35+ Cryptocurrencies

NDAX supports over 35 digital assets including Bitcoin, Ethereum, Solana, Cardano, Polkadot, Chainlink, and other established tokens. The selection covers the major assets Canadian crypto investors typically want without the clutter of hundreds of unvetted tokens.

Low Fee Trading — From 0.20%

NDAX charges a flat maker/taker fee structure starting at 0.20%. Active traders with higher volume can unlock reduced rates. Unlike spread-based platforms, NDAX's fee is explicit and visible before you trade.

Advanced Order Types

Place limit orders, stop orders, and other advanced order types to execute trades on your exact terms. NDAX's order book model means you can set target prices and your order executes automatically when the market reaches them.

Instant Interac e-Transfer Deposits

Fund your NDAX account in minutes via Interac e-Transfer with no deposit fees. Wire transfers are also accepted for larger amounts. Withdrawals back to your bank account are processed quickly, typically within one business day.

FINTRAC Registered & PIPEDA Compliant

NDAX is registered as a Money Services Business with FINTRAC and complies with Canadian privacy law (PIPEDA). It is one of the more established regulated exchanges in Canada, having served Canadian crypto traders since 2018.

iOS & Android App

NDAX's mobile app provides full trading functionality including order placement, portfolio tracking, and account management. Both the maker/taker order book and a simple buy/sell interface are available, giving you flexibility depending on your experience level.

How NDAX protects your money

NDAX operates as a registered crypto trading platform under Canadian securities rules and is registered with FINTRAC as a money services business.

As with any Canadian platform, crypto holdings are not covered by CIPF or CDIC. NDAX supports two-factor authentication to help protect your account.

NDAX fees

NDAX charges a flat 0.20% fee on each buy or sell, so a $1,000 trade costs $2 in trading fees. Because the fee is published up front, it is easy to compare against platforms that build their pricing into the spread.

Sending crypto to an outside wallet has a withdrawal or network fee depending on the coin. Check the fee schedule for the coins you plan to move.

Who is NDAX for?

A great fit for

  • Traders who want a clear, published fee
  • People who want order books and limit orders
  • Canadians who prefer a Canadian-owned exchange
  • Anyone comparing total trading costs across platforms

You might prefer another option if you are

  • Brand new buyers who want the simplest possible app
  • People looking for the widest possible coin selection

NDAX FAQ

What does NDAX charge to trade?

NDAX charges a flat 0.20% trading fee on buys and sells. On a $1,000 trade, that is $2.

Where is NDAX based?

NDAX is based in Calgary, Alberta, and has served Canadians since 2018.

Does NDAX support limit orders?

Yes. NDAX offers market and limit orders, along with other order types for more active traders.

How do I deposit money into NDAX?

You can deposit Canadian dollars by Interac e-Transfer or wire transfer.

Is NDAX regulated?

Yes. NDAX operates as a registered crypto trading platform in Canada and is registered with FINTRAC as a money services business.

Thinking of joining NDAX?

New members can get $10 cash bonus when they sign up.

NDAX referral code

Not affiliated with NDAX. Details can change, so check NDAX's site before you sign up.