NDAX Monthly Rewind - February 2022

March 01, 2022

Blog

Introduction

Dear Ndaxers,

We made it through another chilly month in terms of both the market and the weather. 🥶Ha!

But even as we face new levels of uncertainty here in Canada and abroad, one thing remains the same. Our commitment to listening to our community, and delivering on the crypto features you want most is as strong as ever!

In this Month’s Rewind:

💰 Staking (and educational resources) are here!
🆕 Biggest coin drop yet
💲 Lower withdrawal fees
📚 DYOR with Ndax
📣 Earn up to $1,000 per referral

💰 Staking made easy and more rewarding

Perhaps you’ve already started to stake on Ndax, or you’re interested in learning more about staking. Either way, we have you covered!

Ndax Stake - our long-awaited crypto staking program - launched a couple of weeks ago to an incredible response. We’ve made it super simple to stake Ethereum (ETH), Polkadot (DOT), and Cardano (ADA), and receive daily/weekly rewards - with more staking coins coming soon.

Through our flex plans, Ndax’s staking model ensures that our clients can easily stake (and unstake) their crypto holdings at any time, and earn competitive rewards rates yielding up to 12% APY (Annual Percentage Yield).

Learn more

To celebrate the launch of Ndax Stake, we ran a 3-day Stake & Share Contest! From February 16-18, we randomly selected three Ndaxers across our socials who entered, totaling prize giveaways of $3,000 in ETH, DOT, and ADA. Congrats to all the winners! 🎉

😉 Staking can be confusing. Here’s what you should know.

If you’re not quite sure what staking is, how it works, and why it’s so popular among HODLers, then the following resources from our blog have you covered.

Read First: Proof of Stake vs Proof of Work
Read Second: What is Staking? How crypto staking works and more
Read Third: Announcing Ndax Stake: Earn rewards from your ETH, DOT & ADA easily

🆕 Ndax’s biggest coin drop yet

We listed 5 - count ‘em 5 - new coins last month. And we’re just getting started. Here’s what you may have missed.

1. VeChain (VET)

VeChain is a blockchain platform designed to improve supply chain management and business processes. Its goal is to make these processes and information flow more efficient for complex supply chains through the use of blockchain technology.

Learn more about VeChain
Check VET price

2. NEAR Protocol (NEAR)

NEAR Protocol is a decentralized and community-run proof-of-stake blockchain that aims to overcome some of the limitations of its competitors, such as slow transaction rates, limited throughput, and poor cross-compatibility. NEAR can achieve up to 100,000 transactions per second and achieve near-instant transactions.

Learn more about NEAR
Check NEAR price

3. The Sandbox (SAND)

Sandbox is an Ethereum-based decentralized NFT gaming metaverse that enables non-tech-savvy users to create, sell, use, and monetize their own virtual reality NFTs.

Over the last year, SAND’s price has increased by over 1,100%.

Learn more about Sandbox
Check SAND price

4. Celo (CELO)

Celo is a mobile-first platform that makes financial Dapps and crypto payments accessible to anyone with a mobile phone. Celo hopes to introduce billions of smartphone users, including those without bank access, to transacting in crypto.

Learn more about Celo
Check CELO price

5. Alien Worlds (TLM)

Alien Worlds is a DeFi metaverse and free-to-play blockchain game for anyone to play. Players compete to get Trillium (TLM) to gain access to additional gameplay and control competing Planet DAOs (Decentralized Autonomous Organizations).

Learn more about Alien Worlds
Check TLM price

Pssst…we’ll be releasing a new coin very 🔜

HINT: This token’s price has increased by over 1,000% in the last year, and is on a mission to revolutionize the blockchain gaming space through fun, community, and giving players more ownership. 🎮

$4.99 flat-fee CAD withdrawals!

This is one of the biggest requests we heard from our community, and we’re thrilled to have made it a reality last month! In addition to already offering free deposits from your Canadian bank account and low 0.2% trading fees, you can now transfer fiat to your Canadian bank account for a flat-rate $4.99 withdrawal fee.

📚 DYOR with Ndax

Ndax’s mission is to empower everyone to participate and prosper in the modern digital economy. As DeFi evolves and becomes more innovative, we will continue providing the best resources for all levels of investing experience, and put our customers first in every decision we make.

🔥 Trending Ndax Articles

What makes a good crypto exchange

What is crypto? An intro to cryptocurrencies

Crypto Use Cases

How is crypto valued and what influences prices

📣 Refer a friend. Earn up to $1,000

We've recently launched new dynamic referral links, allowing you to link across multiple social and messaging platforms seamlessly. With our tiered crypto referral program, the more friends you refer to Ndax who make their first deposit, the more cash to put towards trades you’ll earn!

Learn more

Your dynamic affiliate link is on your Ndax dashboard.

⭐ 1-10 referred users
⭐ Give $10, get $10
⭐ Plus, 10% trade fee commission

⭐⭐ 11-20 referred users
⭐⭐ Give $10, get $15
⭐⭐ Plus, 10% trade fee commission

⭐⭐⭐ 21-30+ referred users
⭐⭐⭐ Give $10, get $25
⭐⭐⭐ Plus, 10% trade fee commission

Happy trading!

Ndax team