Business accounts: who needs one and how to apply
Personal and business accounts compared
Canadian businesses can open an Ndax business account to deposit funds from a business bank account and buy, sell, and hold crypto. A business account works the same way as a personal account, with the same features, limits, and fees, and you can add more than one person to it. To apply, email Ndax for the application form.
| Personal account | Business account | |
| Who it's for | Canadian residents trading their own money. | Canadian businesses trading business funds. |
| Deposits from | Bank accounts in your own name. | Business bank accounts in the business's name. |
| Features, limits, and fees | Standard. | The same as a personal account. |
| People on the account | One. | You can add more than one person. |
| How to open | Sign up online. | Apply by email. |
Before you apply
- Your business is registered in Canada.
- You have your Business Registration certificate or Certificate of Incorporation.
- The people who own or control the business are ready to verify their identity.
How to apply
- Email [email protected] and [email protected] with the subject line "Business Account Application" to request the application form.
- Complete the form and send it back.
- Send your business documents, such as your Business Registration certificate or Certificate of Incorporation.
- Send any other documents Ndax asks for. Depending on your business structure, this may include a corporate resolution or identity verification for other shareholders.
What happens next
Business accounts are reviewed manually by the Compliance team. How long it takes depends on your business structure and how quickly you send any documents requested. Ndax will email you once your application is reviewed.
Related articles
- How to deposit CAD to a business account
- Can I deposit from a joint, business, or someone else's account?
Last updated: October 30, 2026. Reviewed by Ndax Customer Support