CoinSmart has a broader selection of cryptocurrencies for trading than NDAX, but trading with NDAX is less expensive. NDAX does not charge deposit fees.
Coinsmart and NDAX both use cold storage facilities.
Both exchanges feature an easy-to-use interface, making either appropriate for novice traders.
Pros
Low trading fees.
Deposits are cleared within the day.
Supports CAD, EUR, and USD.
Get 24/7 customer support.
Cons
Limited coins.
Fee applies to credit card and debit card deposits.
On website
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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
Clean user interface.
No commission fees.
Competitive spreads.
Earn $25 on its referral program.
Cons
Only accepts CAD deposits.
Verification times can be slow.
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
Large selection of tokens to trade.
Earn rewards by staking eligible assets.
Access to a range of educational materials.
Cons
Limited options to fund your account.
Customise and filter
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