NDAX alternatives

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

By   |   Updated 7th June 2022

Comparing NDAX alternatives

Bitbuy

On Bitbuy's website

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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.
Coinberry

On Coinberry's website

Highlights

  • NDAX and Coinberry both feature a relatively small number of tradable cryptocurrencies, but NDAX has a larger selection of cryptocurrencies.
  • NDAX's trading and withdrawal costs are lower than Coinberry's.
  • Coinberry has partnered with the Gemini Trust Company for cold storage. NDAX works with Ledger Vault for cold storage.
  • NDAX and Coinberry are both FINTRAC-registered and strictly regulated exchanges.
CoinSmart

On CoinSmart's website

Highlights

  • 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.
Coinbase

On Coinbase's website

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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.
Binance

On Binance's website

Binance

Highlights

  • Trading and withdrawing funds on Binance is more expensive, but Binance has a far larger crypto marketplace than NDAX.
  • Binance is aimed at experienced traders who want access to more exotic cryptocurrencies. NDAX has a broader appeal.
  • Binance is now unavailable in several parts of Canada due to regulatory problems. NDAX is accessible across Canada.
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.
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.
Kraken

On Kraken's 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.