Thank you for your videos about NDAX! I will consider using it later. Also, I am looking for other great and reliable crypto exchange platform alternatives. I am currently using both Kraken and Coinbase and I am aware of the risk that some of the platforms will fail. Which alternate platforms would you recommend me the most based on your experience as a Canadian crypto trader? Thank you for your attention!
If you don't live in Alberta, Bitget. They're like the best Binance alternative for Canadians. If you're interested in using them, here's a link that'll save you 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614. Hope that helps!
I live in Alberta and I have tried Bitget before so it does not work for me, and I have no plan to move out the province I would be glad if you know other good alternatives for me. If not, it is ok
I like NDAX and do most of my trades on the platform. My two biggest bones with NDAX is, first, no e-transfer out option for a cheaper fee and faster deposit and, second, NDAX does not nearly have as many deposit/withdrawal network options like Newton has.
You're right but they've introduced e-transfer withdrawals (although it's not functional just yet): www.reddit.com/r/NDAX/comments/1b3yozq/etransfer_cad_withdrawals_now_available/ As for the second part, they may introduce them soon? That's my hope.
Primarily lower fees, e-transfer withdrawals and more coins. Essentially, Ndax has made it more convenient to use them while keeping the fees lower. Upon selling your coins, you can practically get them instantly via e-transfer. Funny that you ask as I had just published a video about cashing out crypto with Ndax just yesterday. You can check it out here if you're interested: twitter.com/stoolpresidente/status/1354848771184750598?s=21 Hope that helps!
Thanks, I appreciate it. Bitget lifted restrictions for Ontario a few months ago. That said, here’s a sign up link to save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614. Hope that helps!
Don't use NDAX, once you buy your crypto you can't remove it from the exchange. The only way you can get your money back is you are forced to sell on their exchange. This is corrupt!
Even though they have a facelift recently, my experience is still horrible. I have opened the account with them for 6 months and I still have restricted access, I done all my KYC and write many emails to them and all I get is an answer from this guy, Vince K. telling to read the T&C and that also did not tell me why my account is restricted. Plus the fees are very high and not what they advertised saying "low fee". I have tried many others platform, they have lower fee than NDAX and they charge $1.50 for interact e-tranfers. They also make it so complicated to transfers your cryptos to another wallets. It is not user friendly at all and they take a lot of fees too. They can control the Send button on their side to restrict you from withdrawing your cryptos to other wallets. Also their coins selection is very limited. It's not even worth the time to do business with them and I also felt con and scam by them. You don't want your cryptos to end up like FTX. Stay away from Ndax.
Could you do a video on how an individual would go about selling BNB for fiat in canada, now that Binance has left. I know a bunch of people stuck with some BNB. Feel like this video would get a bunch of views because there's nothing on youtube for canadians. From BC
Staking was a f****ing disaster. Ndax lost my gains and my inital. Lost. Vanished. It took 50+ screenshots and their entire team to work on my case to refund me.
They don’t provide any tax documents other than your trade history transactions which you would then use to calculate your taxes. There is software that can help you with that unless you manually keep track of your taxes yourself. Hope that helps.
Great video the information you provide is top notch. I am looking for a Crypto Futures platform. Do you have any info on Crypto Futures platform for Canadians . Thanks for now.
Absolutely! Check out Bitget as they're the best exchange for Canadians with futures/leverage. Use this link to save 20% on your trading fees: partner.bitget.com/bg/l87j35641689827277614 Also, check out www.cryptoforcanadians.ca/trading-crypto to learn more about them if you're interested. Hope that helps!
There are 3 options that I know of. All of which has their pros and cons. 1) Use a VPN and passport to bypass the KYC. Do this at your own risk obviously 2) Use a DEX like APX finance. If you check out www.cryptoforcanadians.ca/trading-crypto, I talk more about it. 3) Find a NO KYC, NO VPN exchange. In terms of how legit they are, that's something you'll need to do your research on.
No there is no futures on NDAX. If you're looking to trade futures, check out Bitget. Use this link to save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614. Hope that helps!
@@cryptoforcanadians ahh okay. I'm confused now. I watched your previous videos which says bitget is not working in ontario and Albert. So what happened sir? Is there any update made regarding this?
I very well may in the future. That said, this video here may help you out: ua-cam.com/video/LugCxzq8dwo/v-deo.html I've also got a comparison calculator that I've created here: www.cryptoforcanadians.ca/downloads Hopefully that helps you out!
They actually introduced e-transfer cash withdrawals for a $1.5 fee, $3K max withdrawal a day. That may be of interest to you. They rolled it out on Friday but had issues but from my understanding they’ll have it working tomorrow!
Thanks for using my code! The bonus usually comes within 30 day from my understanding. If you go to their site about that, you can read how the affiliate bonus works: ndax.io/earn-crypto.
Betchya I am one of NDAX's 1st customers. I will say this. Bilal Hammond runs a good ship. However exchanges are not banks & they are opperated under different laws MSBs. (Money Services Businesses) Only these group trades digital hockey cards. Never the less never store your coins on any exchange. This is a cardinal sin . . . imho
Get $10 after trading $100 worth of crypto on NDAX:
refer.ndax.io/ase4
I'm trying to sign up using your link and it's asking for a promo code. Do you happen to have this? Thank you.
@@cryptoforcanadians Thanks already have a Nadx account. Looking for any other her options in Canada. Have a day
@@douggregory2497 Check out www.cryptoforcanadians.ca/buying-crypto or www.cryptoforcanadians.ca/trading-crypto for some other ideas. Hope that helps!
Thank you for your videos about NDAX! I will consider using it later.
Also, I am looking for other great and reliable crypto exchange platform alternatives. I am currently using both Kraken and Coinbase and I am aware of the risk that some of the platforms will fail.
Which alternate platforms would you recommend me the most based on your experience as a Canadian crypto trader?
Thank you for your attention!
If you don't live in Alberta, Bitget. They're like the best Binance alternative for Canadians. If you're interested in using them, here's a link that'll save you 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614. Hope that helps!
I live in Alberta and I have tried Bitget before so it does not work for me, and I have no plan to move out the province
I would be glad if you know other good alternatives for me. If not, it is ok
There's crypto.com exchange. Here's a sign up link: crypto.com/exch/cryptoforcanadians
I like NDAX and do most of my trades on the platform. My two biggest bones with NDAX is, first, no e-transfer out option for a cheaper fee and faster deposit and, second, NDAX does not nearly have as many deposit/withdrawal network options like Newton has.
You're right but they've introduced e-transfer withdrawals (although it's not functional just yet): www.reddit.com/r/NDAX/comments/1b3yozq/etransfer_cad_withdrawals_now_available/
As for the second part, they may introduce them soon? That's my hope.
@@cryptoforcanadians that’s great news about the e-transfer!
Yeah for sure. They're definitely levelling up!
There's e-transfer to withdraw funds now. NDAX charge $1.50 per transaction upto $3,000 withdrawal per transaction.
@komodo_04 yes this is correct, NDAX recently introduced e-transfer withdrawals for $1.5.
What are the positive changes they made that you notice?And after you sell crypto how fast do you receive you cash cheque
Primarily lower fees, e-transfer withdrawals and more coins. Essentially, Ndax has made it more convenient to use them while keeping the fees lower. Upon selling your coins, you can practically get them instantly via e-transfer. Funny that you ask as I had just published a video about cashing out crypto with Ndax just yesterday. You can check it out here if you're interested: twitter.com/stoolpresidente/status/1354848771184750598?s=21
Hope that helps!
@@cryptoforcanadians Thank You your help as always . Thank again.
For sure my pleasure!
Thank you for the video!
Do you know if BitGet still prohibited for Ontario?
Thanks, I appreciate it. Bitget lifted restrictions for Ontario a few months ago. That said, here’s a sign up link to save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614. Hope that helps!
@@cryptoforcanadians Thank you! You are very helpful.
My pleasure as always!
Is NDAX going to continue receiving the airdrop from Flare for those holding XRP?
You're best to ask them about that as I'm not sure.
Don't use NDAX, once you buy your crypto you can't remove it from the exchange. The only way you can get your money back is you are forced to sell on their exchange. This is corrupt!
Not sure what you’re talking about but you can 100% withdraw coins from NDAX.
Even though they have a facelift recently, my experience is still horrible. I have opened the account with them for 6 months and I still have restricted access, I done all my KYC and write many emails to them and all I get is an answer from this guy, Vince K. telling to read the T&C and that also did not tell me why my account is restricted. Plus the fees are very high and not what they advertised saying "low fee". I have tried many others platform, they have lower fee than NDAX and they charge $1.50 for interact e-tranfers. They also make it so complicated to transfers your cryptos to another wallets. It is not user friendly at all and they take a lot of fees too. They can control the Send button on their side to restrict you from withdrawing your cryptos to other wallets. Also their coins selection is very limited. It's not even worth the time to do business with them and I also felt con and scam by them. You don't want your cryptos to end up like FTX. Stay away from Ndax.
I've been telling you about NDAX since a year ago. Glad you are reading comments.
I am. The crypto landscapes always evolving so I’ve got my eyes on how it’s changing.
Is there a way to transfer USDT/USDC to a US bank account (in Canada or outside) without converting it to CAD?
Not with a Canadian crypto platform.
You can open up a USD bank account for holding US dollars. Same with Euros. Depends on the bank.
Could you do a video on how an individual would go about selling BNB for fiat in canada, now that Binance has left. I know a bunch of people stuck with some BNB. Feel like this video would get a bunch of views because there's nothing on youtube for canadians. From BC
Which province do you live in?
BC@@cryptoforcanadians
BC@@cryptoforcanadians
BC@@cryptoforcanadians
Bc
I have not use NDAX in a while. Do we need to add the unique message code for deposit? Thanks
For e-transfer yes you have to add that unique code in the message for deposits.
Got it. Thanks
My pleasure!
Staking was a f****ing disaster. Ndax lost my gains and my inital. Lost. Vanished. It took 50+ screenshots and their entire team to work on my case to refund me.
Dang, sorry to hear that. Not sure why that happened. At least you were able to get your funds back.
Does ndax offer usdc (polygon) deposits?
Will sign up if they do
Yes they do. Use this link to get yourself a $10 sign up bonus: refer.ndax.io/ase4. Hope that helps!
@@cryptoforcanadians signed up, will kyc and trade in a few
Thanks for reviewing Ndax. Does NDAX provide documents for tax filing? Or they send the report directly to CRA? Thanks.
They don’t provide any tax documents other than your trade history transactions which you would then use to calculate your taxes. There is software that can help you with that unless you manually keep track of your taxes yourself. Hope that helps.
Great video the information you provide is top notch. I am looking for a Crypto Futures platform. Do you have any info on Crypto Futures platform for Canadians
. Thanks for now.
Absolutely! Check out Bitget as they're the best exchange for Canadians with futures/leverage. Use this link to save 20% on your trading fees: partner.bitget.com/bg/l87j35641689827277614
Also, check out www.cryptoforcanadians.ca/trading-crypto to learn more about them if you're interested.
Hope that helps!
@@cryptoforcanadians In Alberta Bitget is unavailable in my country or region.
There are 3 options that I know of. All of which has their pros and cons.
1) Use a VPN and passport to bypass the KYC. Do this at your own risk obviously
2) Use a DEX like APX finance. If you check out www.cryptoforcanadians.ca/trading-crypto, I talk more about it.
3) Find a NO KYC, NO VPN exchange. In terms of how legit they are, that's something you'll need to do your research on.
is there crypto futures trading in NDAX in ontario?
No there is no futures on NDAX. If you're looking to trade futures, check out Bitget. Use this link to save 20% on your trade fees: partner.bitget.com/bg/l87j35641689827277614. Hope that helps!
@@cryptoforcanadians but bitget is restricted in ontario right? So how can I trade using bitget sir
100% they work in Ontario.
@@cryptoforcanadians ahh okay. I'm confused now. I watched your previous videos which says bitget is not working in ontario and Albert.
So what happened sir? Is there any update made regarding this?
@charlestorio9694 Bitget removed restrictions for Ontario.
Will you update the Newton vs NDAX video?
I very well may in the future. That said, this video here may help you out: ua-cam.com/video/LugCxzq8dwo/v-deo.html
I've also got a comparison calculator that I've created here: www.cryptoforcanadians.ca/downloads
Hopefully that helps you out!
@@cryptoforcanadians Thanks!
I don't want to pay a $4.99 to withdraw my cash...
They actually introduced e-transfer cash withdrawals for a $1.5 fee, $3K max withdrawal a day. That may be of interest to you. They rolled it out on Friday but had issues but from my understanding they’ll have it working tomorrow!
You can pay more elsewhere in hidden fees like on Newton lol. They SUCK.
Used your code and bought a lot of crypto but didn’t get the 10$ lol
Thanks for using my code! The bonus usually comes within 30 day from my understanding. If you go to their site about that, you can read how the affiliate bonus works: ndax.io/earn-crypto.
Betchya I am one of NDAX's 1st customers. I will say this. Bilal Hammond runs a good ship. However exchanges are not banks & they are opperated under different laws MSBs. (Money Services Businesses) Only these group trades digital hockey cards. Never the less never store your coins on any exchange. This is a cardinal sin . . . imho
I agree with you 100%. That’s always been the case. Not your keys, not your coins.