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NDAX Monthly Rewind - January 2022

Feb 02, 2022
byNDAX Labs

Dear NDAXers,

Taking off into 2022, we could not be more grateful to start the year with all of you!

While the markets ‘do their thing’, here’s a look back on how we’ve set the tone for an incredible year, empowering more Canadians to take greater control of their digital assets and crypto investments.  

From offering a variety of market and limit orders to advanced trading features, NDAX provides Canadians with the best trading platform, including transparent pricing and no hidden fees.

Speaking of which, we listened to our community and are thrilled to announce lower CAD withdrawal fees starting yesterday (details below). Plus, we recently added support for multiple blockchain networks, including Binance Smart Chain, which means even more ways to save more money and time when receiving and sending crypto through NDAX.  

In this month’s Rewind:
💸 NEW! $4.99 for ALL CAD withdrawals
⛓️ Multi-chain support is here
👍 Official NDAX Facebook Group
🎙️ Crypto Decoded Session 3
💰 NDAX Wealth in Pivot Magazine
🔜 Coming Soon to NDAX

💸 NEW! $4.99 for ALL CAD withdrawals

You may have heard the news through yesterday’s announcement so we’ll keep this first one brief. We’re lowering ALL CAD withdrawal fees on NDAX from $25 to $4.99!

This is one of the biggest requests we heard from NDAXers last year, and we’re thrilled to make it a reality. In addition to offering free deposits from your Canadian bank account and low 0.2% trading fees, starting now you’ll be able to transfer fiat to your Canadian bank account for a flat-rate $4.99 withdrawal fee.

It doesn't matter if your withdrawal is $5,000 or $100,000 - this low fee will always be the same. No percentages. No hidden fees.

⛓️ NDAX releases multi-chain support, creating a faster and more cost-efficient bridge to Web3 applications on any supported blockchain

You asked for it, and we delivered! Last month, NDAX released multi-chain support for crypto deposits and withdrawals.

In addition to supporting Ethereum (ERC-20) tokens, NDAX now supports Binance Smart Chain (BEP-20), Polygon, Fantom, Avalanche, and Solana networks, with more coming soon. This means you now have your choice of chain when sending and receiving a variety of different crypto into your NDAX wallets, and can benefit from:

✔️ Lower transaction fees
✔️ Faster transactions
✔️ Quicker bridge into Web3 and Decentralized Finance (DeFi)

👍 New NDAX Facebook Group

Join NDAX's official Facebook Group! A place where our clients can discuss all things crypto, trade tips, and be first to know about new #NDAX product features and coin listings.

Which accounts are officially NDAX?

We appreciate that many of you have come forward to let us know when you’ve spotted fake NDAX social accounts. Imitation is the sincerest form of flattery; however, it’s important to remain vigilant and never interact with social profiles that are not managed by NDAX. As a friendly reminder, here are NDAX’s official social media accounts:

Facebook ▶️  https://www.facebook.com/NDAXIO/
Twitter ▶️ https://twitter.com/ndaxio
Reddit ▶️ https://www.reddit.com/r/NDAX/
Instagram ▶️ https://www.instagram.com/ndax.io
Linkedin ▶️ https://www.linkedin.com/company/ndax-io/
YouTube ▶️ https://www.youtube.com/c/NDAXIncBitcoin

🎙️ CryptoDecoded: “What’s Next”

That’s a wrap! NDAX was thrilled to be the presenting partner of the Financial Post’s CryptoDecoded, a three-part virtual series, which brought together industry leaders and experts to discuss crypto, blockchain and this revolutionary new field.

On January 13, our Chief Operations Officer, Tanim Rasul, was joined by an expert panel for the third and final session, which also included Mark Binns of BIGG Digital Assets, Gregory Feller of Mogo Inc., and Alex Tapscott of Ninepoint Digital Asset Group to discuss the future of cryptocurrencies - a look at the latest developments in this rapidly evolving landscape from some of the leading voices in the field, including retail, payments, wealth management and more.

Our NDAX Wealth team (that’s our OTC trading desk in case you didn’t know 😉) provided insight on the ever-changing crypto space, including growing institutional adoption and corporate interest for treasury management.

If your company is thinking about adding Bitcoin to its balance sheet, we partnered with Canada’s leading publication for finance professionals, Pivot Magazine, to create a digital asset primer on what every business leader should consider first.

"What to know before you invest in crypto for your business" includes thoughtful insight from our Director of Institutional Sales, Calvin Jiang, NDAX Controller Amahallah Abbas, and our Chief Operating Officer, Tanim Rasul.

“Many are investing in Bitcoin as a hedge against currency debasement and inflation…The entire digital asset space has become an investment opportunity and has begun to reward first movers.” - Tanim Rasul

Enjoy this electronic copy of Pivot Magazine’s Jan/Feb issue, or pick up a physical copy at participating vendors

🔜 Exciting new product releases and coin listings

We could provide more teasers and riddles, or we could just create this word jumble, which includes the names of our next five coin listings, along with one of our most anticipated product releases coming later this month.

Stumped? We've even highlighted one letter from each new coin and product release in the word jumble.

Thank you for requesting these coins and features, they will soon be a reality!

Disclaimer: Cryptocurrency trading involves high market risk. Please take the time to make your trades cautiously and do your own research. NDAX is not responsible for any trading losses.

Happy trading!

NDAX team