NDAX alternatives

Compare the best alternatives to NDAX alternatives for Canadian crypto traders.

Written by Andrew Boyd

Updated 13 Jun 2025 |

Comparing of 5 NDAX alternatives

Sort

Bitbuy

Compare

On website

Featured

Bitbuy

Highlights

NDAX offers a broader range of cryptocurrencies for trading than Bitbuy.
NDAX's trading and withdrawal costs are lower than Bitbuy’s. NDAX charges no deposit fees.
Bitbuy and NDAX both provide offline cold storage facilities for safely storing cryptocurrencies. Both are FINTRAC-registered.

Pros

Fee discounts kick in when you trade more — helpful if you’re regularly moving large amounts.
No charge to deposit crypto or CAD, and withdrawing CAD through Interac is also free.
Most digital assets are kept offline in cold storage with regular security audits.
The Pro platform supports advanced order types, charts, and real-time execution — ideal if you’re looking to step up your trading

Cons

Express trades can be costly, especially if you’re just making small or occasional transactions.
Crypto withdrawals (especially ETH or ERC-20 tokens) can get expensive.
Coin selection is relatively limited compared to global platforms.

Coinbase

Compare

On website

Finty may be compensated when you click on the link.

Coinbase

Highlights

Coinbase has a bigger selection of tradable currencies than NDAX.
Compared to NDAX, Coinbase's pricing structure is unclear.
NDAX and Coinbase offer a user experience that is appropriate for both beginner and expert traders alike.
Both exchanges employ cold storage to safeguard users' digital assets.

Pros

The interface is clean, simple, and ideal for beginners—one of the easiest ways for Canadians to get started with crypto.
Strong focus on security, with 2FA, cold storage, and insurance on custodial assets.
You can earn small amounts of crypto through educational mini-courses via Coinbase Earn.
Supports Apple Pay and Google Pay, making fiat-to-crypto purchases more convenient

Cons

Trading fees are high compared to other platforms—best for small, infrequent buys.
No advanced features like futures or margin trading.
Limited customer support options, and response times can be slow during peak periods.

Shakepay

Compare

Not available for application via this website

Shakepay

Highlights

NDAX and Shakepay are suitable for both novice and expert traders.
For active traders, NDAX is significantly less expensive than Shakepay.
Both Shakepay and NDAX have cold storage facilities. Both are FINTRAC-registered exchanges.

Pros

One of the fastest ways to buy BTC or ETH in Canada.
Shakepay Card lets you earn Bitcoin cashback on everyday purchases.
Strong track record of security, with 2FA, biometric logins, and insurance on assets held in custody.
Clean, mobile-first app makes it easy to manage trades and transfers on the go.
Solid customer support via in-app chat with good response times.
Regulated by FINTRAC, with crypto assets held securely in cold storage.

Cons

Supports only Bitcoin and Ethereum.
No advanced trading features like limit orders or technical charting tools.
Spread-based pricing means you may not get the absolute best market rate.

Newton

Compare

Not available for application via this website

Newton

Highlights

Newton's cryptocurrency selection is larger than NDAX, making it ideal for investors looking for variety.
Newton is cheaper than NDAX for trading and withdrawing funds.
Both exchanges are suitable for beginners, and digital currencies are stored in cold storage facilities.

Pros

Strong focus on low-cost trading.
Intuitive mobile and web platforms designed for speed and simplicity, even for first-time traders.
Real-time price tracking, limit orders, and auto-withdrawals support hands-off portfolio management.
Offers carbon-neutral trading by offsetting the environmental impact of crypto transactions.
Crypto assets are stored with institutional-grade custody provider Balance.

Cons

Limited advanced trading tools may not suit users seeking margin or derivative trading.
The selection of coins is smaller compared to global exchanges.
Customer support is responsive but currently limited to email and chat.

Kraken

Compare

On website

Kraken

Highlights

Kraken's cryptocurrency selection is superior to what is available on NDAX. Kraken is also less expensive.
Both exchanges are appropriate for novice traders with well-designed trading experiences.
Both Kraken and NDAX are FINTRAC-registered exchanges.

Pros

Great for building a diversified or DeFi-focused portfolio.
Advanced traders benefit from maker/taker pricing that becomes competitive as volumes grow.
Security is top-tier.
You can stake coins directly through Kraken with flexible terms.

Cons

Interac e‑Transfer deposits carry a 0.5% fee, and withdrawals have a $10 charge, higher than some Canadian peers.
Instant buy fees are steep.
Deposit and withdrawal processes can be confusing and slow, with some users seeing delays of up to several days.
No native Canadian tax-reporting tools on the platform.

As seen on