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Clients’ funds held in segregated Canadian bank account – simplifying deposits and withdrawals
CALGARY, AB, June 23, 2018 — National Digital Asset Exchange Inc. (“NDAX”) is excited to announce the soft launch of Canada’s newest and most advanced digital currency exchange. Canadians buying and selling cryptocurrency have struggled with enormous fees, questionable offshore banking, and poor customer service. NDAX is a national exchange allowing users to trade cryptocurrencies in the fastest, safest and most affordable manner. With clients’ funds held in a segregated Canadian bank account, users will feel secure knowing their money stays in Canada with a trusted banking institution.
A Competitive Edge
NDAX offers a number of competitive advantages within the Canadian marketplace including: lowest trading fees, instant ID verification, institutional-grade trading platform, deep liquidity for large transactions, and a large portfolio of coins. NDAX offers customers the ability to easily trade: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH), in and out of Canadian Dollars.
Registered as a Money Service Business (MSB) with FINTRAC, NDAX has implemented a robust Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance regime that meets all requirements of applicable laws and regulations.
NDAX banking allows users to seamlessly fund their account, buy, sell, trade and withdraw funds in the fastest, safest and most affordable manner through its compliance to FINTRAC regulations. Expedited settlement options include: Interac e-Transfer, wire, bank draft, certified cheque and EFT/direct deposit.
Customers’ Canadian dollars are held in a segregated Canadian-based bank account. Customers’ digital assets are protected with multi-signature technology to provide security to clients’ crypto assets, with 98% of the assets held in cold storage.
NDAX is a Canadian startup, headquartered in Calgary, Alberta. The firm’s core function serves as a digital asset exchange that offers a portfolio of cryptocurrencies on a professional trading platform. Our mission is to provide individuals and institutions a world-class experience to buy, trade, sell and store digital assets in the fastest and most simple, secure, and affordable manner.
Visit www.ndax.io to sign up and start trading today!
Corporate Communications Advisor
Email: [email protected]