NDAX

NDAX is a Canadian exchange with cryptocurrency markets in Canadian dollars. The official site presents OTC, and client assets are held in a custodial exchange account.

Trading The profile lists BTC, ETH and ADA against CAD, and describes crypto-to-crypto exchange as well as fiat-to-crypto flows. Bitcoin is supported over the Lightning network. The fee is 0.20 percent for buying and for selling, a single rate without a maker and taker split, which makes the cost of a trade easy to predict.

Funding According to the published page, CAD deposits carry no NDAX fee, although the client's own bank may charge for its side of the transfer.

Wealth OTC For large orders, NDAX runs Wealth OTC, a price-fixed execution service. OTC clients get direct support from the desk and a separate public email address. The minimum order is CAD 25,000.

Who it suits NDAX suits Canadian users who want a domestic CAD exchange with simple pricing, and larger clients who prefer a fixed price on substantial orders rather than market execution. The legal entity, licensing and verification steps are not given in the available description and should be confirmed with the exchange.