NDAX Review and Referral Code ($10 Bonus)

Name: NDAX Review and Referral Code 2026 ($10 Bonus)
Item: NDAX
Rating: 4.3
Author: CanadianReviews.ca

NDAX, short for National Digital Asset Exchange, is a Calgary-based Canadian cryptocurrency exchange founded in 2017. It offers both a straightforward interface for beginners and advanced trading tools for users who want more control.

NDAX features

NDAX supports spot trading, limit orders, recurring purchases, and OTC trading through its Trading Desk for larger transactions. The platform supports a broad selection of cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Cardano, XRP, Tether, Polkadot, Litecoin, Chainlink, Stellar, and EOS.

NDAX fees

NDAX charges a flat trading fee of approximately 0.20%, plus a spread that may vary with market conditions. CAD withdrawals have a flat $25 fee, which makes NDAX more suitable for larger withdrawals or users who plan to trade and keep assets on the platform.

Funding options include Interac e-Transfer, wire transfer, and bank draft or certified cheque. Withdrawals can be made by cryptocurrency transfer, direct bank deposit, or wire transfer.

Security and verification

NDAX is registered as a Money Services Business with FINTRAC and follows Canadian anti-money-laundering requirements. Identity verification is required before trading or withdrawing funds. Depending on your limits, you may need to provide government-issued identification and additional information.

The platform also uses offline cold storage, multi-signature approvals, multi-party computation wallets, ongoing monitoring, mandatory two-factor authentication, and user notifications.

Pros

24/7 customer support
Fast account setup and verification
Advanced trading features
Free deposits
Low trading fees
Broad selection of supported assets

Cons

High $25 CAD withdrawal fee
Withdrawal costs may not suit small balances
Identity verification is required

NDAX referral bonus

Eligible new users may receive a $10 bonus after signing up through a referral and funding their account with at least $100. Referral terms, qualifying actions, and bonus amounts can change, so confirm the current offer during signup.

NDAX

Banking

Get the NDAX bonus

Sponsored/affiliate link — CanadianReviews.ca may earn a commission if you sign up through this link.

Frequently asked questions

How much is the NDAX referral bonus?

The current offer may provide a $10 bonus to eligible new users who sign up through a referral and fund their account with at least $100. Confirm the current terms before applying.

What is the NDAX trading fee?

NDAX has historically charged approximately 0.20% per trade, plus a variable spread. Check the current fee schedule because rates can change.

How much does NDAX charge for CAD withdrawals?

NDAX has historically charged a flat $25 CAD withdrawal fee. Confirm the current fee before withdrawing.

Is NDAX available in Canada?

NDAX is a Canadian cryptocurrency exchange based in Calgary and is registered as a Money Services Business with FINTRAC.

NDAX verdict

NDAX is a strong option for Canadian users who want a broad selection of digital assets, advanced order controls, and low trading fees. Its main drawback is the flat CAD withdrawal fee, so compare the total cost before moving smaller balances.

Bottom line

4.3

A well-rounded Canadian crypto exchange for beginners and active traders, with low trading fees but a high CAD withdrawal fee.

Use the referral link to review the current $10 bonus and funding requirements before signing up.

Cryptocurrency values are volatile. Referral offers, fees, supported assets, eligibility requirements, and platform terms can change. Review the current terms before trading.