Learn what family offices, business owners, and high-balance households may want to review before executing larger crypto transactions in Canada, including governance, funding, custody, settlement, records, and operational controls.
- [Ndax Wealth: Market Report Oct 20](https://ndax.io/blog/article/ndax-wealth-market-report-oct-20.md):Every other week, we break down the cross-asset landscape, from crypto to equities to commodities, so you can stay ahead of the macro trends shaping global markets. Here’s your snapshot of what mattered, why it moved, and what to watch n - [Veranta (AVNT) - Crypto Asset Statement ](https://ndax.io/blog/article/avantis-avnt-crypto-asset-statement.md):
PLEASE READ THIS CAREFULLY. BY PROCEEDING TO TRANSACT IN AVNT, YOU ACKNOWLEDGE AND ACCEPT THE STATEMENTS SET OUT BELOW.
Ndax Canada Inc. (“Ndax”, “we” and “our”) believes that our users should under - [Ndax Weekly TL;DR Oct 19](https://ndax.io/blog/article/ndax-weekly-tldr-oct-19.md):
Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive ove - [What Is Auto Earn and How Does It Work?](https://ndax.io/blog/article/auto-earn-how-it-works.md):
Learn how Auto Earn automatically enrolls your eligible crypto to receive weekly rewards, with no fixed lock-up period, plus the key risks to know before you begin.
- [Which crypto assets are eligible for Auto Earn?](https://ndax.io/blog/article/auto-earn-eligible-assets.md):See which crypto assets are eligible for Auto Earn, where to find each asset's current advertised reward rate, and what happens if an asset is removed.
- [Auto Earn vs. Ndax Staking: what's the difference?](https://ndax.io/blog/article/auto-earn-vs-staking.md):Compare Auto Earn and Ndax Staking side by side, including how enrollment, rewards, fees, and releases work, so you can decide which option suits you.
- [Missing referral or reward: what to do](https://ndax.io/blog/article/affiliate-link-not-used-issue.md):Referral not showing or reward not paid? Learn the most common reasons, how to check whether your friend qualifies, and when to contact Ndax support.
- [How the Ndax affiliate program works](https://ndax.io/blog/article/affiliate-program.md):Learn how the Ndax affiliate program works, how your friends qualify, what you and they receive at each tier, and when rewards are paid.
- [Affiliate program rules](https://ndax.io/blog/article/affiliate-program-terms-conditions.md):Read a plain-language summary of the Ndax affiliate program rules, including who you can refer, how tiers work, and what can lead to losing rewards.
- [My e-Transfer or wire deposit hasn't arrived: what to do](https://ndax.io/blog/article/missing-cad-deposit.md):Interac e-Transfer or wire not showing up? Find out when to use the Missing a Deposit? form, when to contact support, and what details to have ready.
- [How to Contact Ndax Support ](https://ndax.io/blog/article/contact-ndax.md):There are several ways to get in touch with Ndax, depending on the nature of your request. This article outlines all official contact methods.
- [How to deposit BTC using the Lightning Network](https://ndax.io/blog/article/deposit-btc-lightning-network.md):Learn how to deposit Bitcoin to Ndax using the Lightning Network, how Lightning invoices work, and the limits to know before you send.
- [How to deposit funds into your Ndax account](https://ndax.io/blog/article/deposit-funds.md):Compare the ways to fund your Ndax account, including Interac e-Transfer, wire transfer, and crypto, with how long each takes, fees, and what to know first.
- [Ledger’s hardware-wallet security incident: What happened and what crypto users can do now](https://ndax.io/blog/article/ledger-s-hardware-wallet-security-incident.md):The Ledger incident began with confirmed losses linked to devices sold in Southeast Asia before reports of physically modified devices surfaced across Europe. The attack raises difficult questions about whether physical hardware wallets - [How to deposit crypto into your Ndax account](https://ndax.io/blog/article/deposit-cryptocurrency.md):
Learn how to deposit crypto into your Ndax account from another wallet, including how to choose the right network and when you need a memo or tag.
- [Can I deposit from a joint, business, or someone else's account?](https://ndax.io/blog/article/third-party-joint-business-deposits.md):Deposits to Ndax need to come from an account in your own name. Learn the rules for joint bank accounts, business accounts, and deposits from someone else.
- [What is the Auto Earn 24-hour grace period?](https://ndax.io/blog/article/auto-earn-grace-period.md):After you release crypto from Auto Earn, it stays out of the program for 24 hours. See how the grace period works, with a simple example.
- [Why is my deposit pending or delayed?](https://ndax.io/blog/article/deposit-pending-delayed.md):Deposit taking longer than expected? Find the most common reasons an Interac e-Transfer, wire, or crypto deposit is delayed, and what you can do about each one.
- [What happens if I send unsupported crypto or use the wrong network?](https://ndax.io/blog/article/unsupported-crypto-wrong-network.md):Sent crypto Ndax doesn't support, used the wrong network, or forgot a memo? Find out whether it can be recovered, what it costs, and what to do next.
- [Do I need a destination tag or memo?](https://ndax.io/blog/article/destination-tag-memo-cryptocurrency-deposit.md):Some crypto needs a destination tag or memo as well as a wallet address. See which assets need one, where to find yours, and what happens if it's missing.
- [How to deposit CAD or USD by wire transfer](https://ndax.io/blog/article/deposit-via-wire-transfer-301-redirect-deposit-cad-via-wire-transfer.md):Learn how to deposit Canadian or US dollars to Ndax by wire transfer from a Canadian bank, including how to upload your wire receipt so your deposit is credited.
- [How to deposit CAD by Interac e-Transfer](https://ndax.io/blog/article/deposit-cad-interac-e-transfer-1.md):Learn how to deposit Canadian dollars to Ndax by Interac e-Transfer, where to find your unique message code, and why it matters for a fast deposit.
- [Signed up with a friend's link? How your $10 reward works](https://ndax.io/blog/article/referral-reward.md):Joined Ndax using a friend's affiliate link? Find out what you need to do to receive your $10 welcome reward, and when it will be paid.
- [When a referral qualifies and how you're paid](https://ndax.io/blog/article/affiliate-payouts-timing-method.md):Find out what your friend needs to do before you receive an affiliate reward, how much you'll receive, and when and how the reward is paid.
- [How to Find Your Ndax Affiliate Link ](https://ndax.io/blog/article/locate-affiliate-link.md):Learn where to find your personal Ndax affiliate link on your account dashboard or the Affiliate page, so you can start sharing it with friends.
- [How to buy crypto in Canada?](https://ndax.io/blog/article/how-to-buy-crypto-in-canada.md):Learn the main ways Canadians can buy crypto, how regulated trading platforms work, what fees and risks to check, and how a first crypto purchase works on Ndax.
See which crypto assets you can stake on Ndax, and where to find each asset's reward rate, bonding and unbonding periods, minimum stake, and payout schedule.
- [Ndax Weekly TL;DR Oct 12](https://ndax.io/blog/article/ndax-weekly-tldr-oct-12.md):Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive ove - [What are the risks of staking?](https://ndax.io/blog/article/staking-risks.md):
Before you stake, understand the main risks, including price changes, bonding and unbonding periods, changing rewards, and validator penalties, and how Ndax manages them.
- [How to set up recurring staking](https://ndax.io/blog/article/set-up-recurring-staking.md):
Set up recurring staking to add more of a coin you hold to your staking plan automatically, on a daily, weekly, or monthly schedule of your choice.
- [How to restake your staking rewards automatically](https://ndax.io/blog/article/restake-staking-rewards.md):Choose whether your staking rewards go to your wallet or are added back to your staking position automatically. Learn how to turn on restaking for each asset.
- [Standard vs. Instant redemption: what's the difference?](https://ndax.io/blog/article/standard-vs-instant-redemption.md):Compare Standard and Instant redemption when you unstake on Ndax, including when your crypto returns to your wallet and what happens to your rewards.
- [How to unstake crypto](https://ndax.io/blog/article/how-to-unstake-crypto.md):Ready to unstake? Learn how to unstake some or all of your crypto on Ndax, how to choose Standard or Instant redemption, and when your crypto returns.
- [How staking rewards and fees work](https://ndax.io/blog/article/staking-rewards-fees.md):Find out how staking rewards are paid, when payouts happen, how the 20% administration fee works, and why the rewards you receive are lower than the advertised rate.
- [How to stake crypto](https://ndax.io/blog/article/how-to-stake-crypto-1.md):Follow these steps to stake crypto on Ndax, from completing the staking questionnaire to choosing an asset and plan, and find out when rewards start.
- [What is staking on Ndax and how does it work?](https://ndax.io/blog/article/staking-how-does-it-work.md):Learn how staking works on Ndax, from choosing an asset and plan to receiving rewards and unstaking, plus the key terms and risks to know before you begin.
- [Ndax is Now a Registered Investment Dealer and Marketplace](https://ndax.io/blog/article/ndax-is-now-a-registered-investment-dealer-and-marketplace.md):In December 2024, Ndax received registration as an Investment Dealer, became a CIRO member and was recognized as a Marketplace operating as an Alternative Trading System in Canada.
Looking for Ndax’s current regulatory status - [How to deposit BTC using Lightning Network ](https://ndax.io/blog/article/how-to-deposit-btc-using-lightning-network.md):
Ndax now supports the Bitcoin Lightning Network, allowing you to send and receive BTC more quickly and with lower fees. This option is available alongside the existing on-chain deposit and withdrawal networks. This support article will w - [2026 NHL Bracket Challenge Alumni Gift Code Campaign ](https://ndax.io/blog/article/2026-nhl-bracket-challenge-alumni-gift-code-campaign.md):
2026 NHL Bracket Challenge Alumni Gift Code Campaign
CONTEST TERMS AND CONDITIONS
Ndax Canada Inc.
NO PURCHASE, DEPOSIT, OR CRYPTO TRADE NECESSARY. VOID WHERE PROHIBITED.
These Te - [Ndax Wealth: Market Report Oct 6](https://ndax.io/blog/article/ndax-wealth-market-report-oct-6.md):
Every other week, we break down the cross-asset landscape, from crypto to equities to commodities, so you can stay ahead of the macro trends shaping global markets. Here’s your snapshot of what mattered, why it moved, and what to watch n - [Put your crypto to work with Auto Earn on Ndax](https://ndax.io/blog/article/put-your-crypto-to-work-with-auto-earn-on-ndax.md):
Auto Earn is live on Ndax. Eligible users can earn weekly crypto rewards on eligible assets with no fixed lock-up period and flexible access to release their assets when needed.
- [Ndax Welcomes Auto Earn](https://ndax.io/blog/article/ndax-welcomes-auto-earn.md):Ndax now supports Auto Earn, a way for users to earn rewards on eligible crypto assets without locking up their funds. Once enabled, your assets earn automatically, with rewards distributed weekly directly to your portfolio.
- [How Auto Earn rewards and fees work ](https://ndax.io/blog/article/how-auto-earn-rewards-and-fees-work.md):Find out how Auto Earn rewards are calculated and paid every Monday, how the administration fee works, and why rewards are lower than the advertised rate.
- [How to turn off Auto Earn](https://ndax.io/blog/article/how-to-turn-off-auto-earn.md):Learn how to turn off Auto Earn on the Ndax website or app, and what happens to your enrolled crypto, rewards, and any releases in progress.
- [How to cancel an Auto Earn release](https://ndax.io/blog/article/cancel-auto-earn-release.md):Changed your mind? You can cancel an Auto Earn release while it's still in progress. Here's how, and what happens to any amount already released.
- [How to release an asset from Auto Earn](https://ndax.io/blog/article/release-asset-auto-earn.md):Need to trade or withdraw enrolled crypto? Learn how to release an asset from Auto Earn, how the release queue works, and when released crypto re-enrolls.
- [How Auto Earn enrollment works](https://ndax.io/blog/article/auto-earn-enrollment.md):Auto Earn enrolls eligible crypto once a day at 7:00 AM UTC. Learn what gets enrolled, including new purchases, deposits, and rewards, and what doesn't.
- [How to read liquidity, order books, and slippage before placing a crypto trade](https://ndax.io/blog/article/how-to-read-liquidity-order-books-and-slippage-before-placing-a-crypto-trade.md):Learn how to evaluate crypto liquidity, read an order book, understand bid-ask spreads and market depth, and understand how liquidity and order size can affect potential slippage before placing a trade.
Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive ove - [Auto Earn vs. staking on Ndax: What’s the difference?](https://ndax.io/blog/article/auto-earn-vs-staking-on-ndax-what-s-the-difference.md):
Learn the difference between Auto Earn and staking on Ndax, including automation, weekly rewards, eligible assets, release flexibility, fees, and risks.
- [Crypto platform support in Canada: What users should expect before something goes wrong](https://ndax.io/blog/article/crypto-platform-support-in-canada-what-users-should-expect-before-something-goes-wrong.md):Learn what Canadian crypto users could look for in platform support, including account recovery, funding and withdrawal help, fraud response, incident communication, escalation paths, and access to a real person when the issue cannot be - [Ndax Staking Services - Opt-Out Policy ](https://ndax.io/blog/article/ndax-staking-services-opt-out-policy.md):
PLEASE READ THIS CAREFULLY. BY PROCEEDING TO OPT-OUT OF STAKING SERVICES, YOU ACKNOWLEDGE AND ACCEPT THE STATEMENTS SET OUT BELOW.
If you opt-out of staking services, you will no longer earn any APY on the crypto a - [Ndax Auto-Earn - Opt-In Disclosure ](https://ndax.io/blog/article/ndax-auto-earn-opt-in-disclosure.md):
PLEASE READ CAREFULLY. BY PROCEEDING TO OPT-IN TO AUTO-EARN PROGRAM, YOU ACKNOWLEDGE AND AGREE TO THE FOLLOWING STATEMENT.
The Auto-Earn Program is an optional staking service offered by Ndax that permits you to op - [Ndax - KOHO Supplement](https://ndax.io/blog/article/ndax-koho-supplement.md):
THIS USER SUPPLEMENT (“THIS KOHO USER NDAX SUPPLEMENT”), TOGETHER WITH THE USER AGREEMENT THAT THIS SUPPLEMENT FORMS PART OF (COLLECTIVELY, THE “KO - [Ndax Ice 2026-2027 Contest Terms & Conditions](https://ndax.io/blog/article/ndax-ice-2026-2027-contest-terms-and-conditions.md):
2026-2027 Ndax Ice Regular Season Official Rules
NO PURCHASE NECESSARY. A SKILL-TESTING QUESTION IS REQUIRED TO CLAIM ANY PRIZE. OPEN TO LEGAL RESIDENTS OF CANADA WHO HAVE REACHED THE AGE OF MAJORITY IN THEIR PROVINCE OR TERRITORY - [Staking 101: A Beginner's Guide to Staking on Ndax ](https://ndax.io/blog/article/staking-101-a-beginner-s-guide-to-staking-on-ndax.md):
This blog is a guide to staking on Ndax, outlining how staking works, the assets currently available, and key concepts users should understand before participating.
To turn on Auto Earn, go to the Auto Earn page in your Ndax account, select Enable Auto Earn, and accept the Auto Earn Opt-In Disclosure. All eligible crypto in your account is then enrolled at the next daily enrollment sweep at 7:00 AM - [How Auto Earn works on Ndax: Rewards, eligible assets, and weekly payouts](https://ndax.io/blog/article/how-auto-earn-works-on-ndax.md):
Learn how Auto Earn works on Ndax, including eligible assets, automatic enrollment, weekly reward payouts, release timing, dashboard details, and key risks.
PLEASE READ CAREFULLY. BY PROCEEDING TO OPT OUT OF AUTO-EARN PROGRAM, YOU ACKNOWLEDGE AND AGREE TO THE FOLLOWING STATEMENT.
If you opt out of the Auto-Earn Program, you will immediately cease earning any rewards or annual percentag - [Ndax Ice is Back for the 2026-2027 Season](https://ndax.io/blog/article/ndax-ice-is-back-for-the-2026-2027-season.md):
Make your picks. Win every week. 28 weeks. 10 winners every week . $500+ in weekly prizes.
- [OTC crypto trading in Canada: What larger-trade clients can expect?](https://ndax.io/blog/article/otc-crypto-trading-in-canada-what-larger-trade-clients-can-expect.md):Learn how OTC differs from standard exchange trading for larger transactions , and what to review before placing a larger crypto trade.
- [Complaint and Dispute Resolution Policy](https://ndax.io/blog/article/complaint-and-dispute-resolution.md):Ndax Canada Inc. (“Ndax”, “we”, “our” or “us”) ensures that any complaint received from you or a person authorized to act on y
- [Bug Bounty Policy](https://ndax.io/blog/article/bug-bounty.md): Our team is continually looking for ways to improve upon our high security standards. Despite the greatest efforts, we acknowledge the possibility that our experts may have missed a bug in our system potentially exposing a threat to secu
- [Ndax Weekly TL;DR Sept 28](https://ndax.io/blog/article/ndax-weekly-tldr-sept-28.md): Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive ove
- [Crypto education in Canada: What new investors can learn before their first trade](https://ndax.io/blog/article/crypto-education-in-canada-what-new-investors-can-learn-before-their-first-trade.md): Before buying crypto for the first time, Canadians may want to understand more than how to place an order. Regulation, fees, custody, scams, taxes, and crypto transfers can all affect the experience after the first trade is complete. Sei (SEI) and Sui (SUI) are now available on Ndax! Double the excitement as Ndax the first Canadian home grown crypto platform to have both SEI and SUI as stakable assets! Join Ndax Ice and bring your Stanley Cup® Playoffs predictions to life! Play daily, win crypto, tickets, and exclusive rewards – all inside the Ndax app. Unlock the redesigned Wallets and new Analytics pages on the Ndax mobile app — built for smarter insights, better control, and a seamless crypto experience. Will 2026 be green or red for crypto? From December 24–26, comment 🟢 or 🔴 on Ndax’s pinned X post using #GreenOrRed2026 for a chance to be 1 of 12 winners to receive $100 CAD. Answer: Dollar-cost averaging (DCA) is a way to buy crypto by investing a fixed dollar amount on a repeating schedule, such as weekly or monthly. This strategy avoids trying to time one “ideal” entry price. It can help C
- [Ndax Wealth: Market Report Sept 22](https://ndax.io/blog/article/ndax-wealth-market-report-sept-22.md): Every other week, we break down the cross-asset landscape, from crypto to equities to commodities, so you can stay ahead of the macro trends shaping global markets. Here’s your snapshot of what mattered, why it moved, and what to watch n
- [Sui (SUI) Crypto Asset Statement](https://ndax.io/blog/article/sui-sui-crypto-asset-statement.md): PLEASE READ THIS CAREFULLY. BY PROCEEDING TO TRANSACT IN SUI, YOU ACKNOWLEDGE AND ACCEPT THE STATEMENTS SET OUT BELOW. About this Summary Ndax Canada Inc. (“Ndax”, “we” and “our”) believes that our users should understand the
- [Ndax Weekly TL;DR Sept 14](https://ndax.io/blog/article/ndax-weekly-tldr-sept-14.md): Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive ove
- [Ndax Weekly TL;DR Sept 21](https://ndax.io/blog/article/ndax-weekly-tldr-sept-21.md): Every Monday, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, industry news and our favorite resources, we strive to provide our readers with a comprehensive ove
- [How to dollar-cost average into Bitcoin in Canada](https://ndax.io/blog/article/how-to-dollar-cost-average-into-bitcoin-in-canada.md): Learn how dollar-cost averaging works for Bitcoin, why Canadians use recurring buys, what fees to check, and how to set up a recurring buying schedule without trying to time the market. Learn what more experienced Canadian crypto users could look for when comparing platforms, including regulation, custody, fees, funding, execution tools, records, and larger-trade support. BY PROCEEDING TO OPT-IN TO THE STAKING SERVICES, YOU ACKNOWLEDGE AND AGREE TO THE TERMS AND CONDITIONS SET OUT IN THE NDAX USER AGREEMENT AND THE ADDITIONAL TERMS AND CONDITIONS SET OUT BELOW.No Canadian securities regulatory authority has assessed or endorsed the Crypto Contracts or any of the Crypto Assets made available for trading. This Risk Statement (Risk Statement) provides
- [Conflict of Interest Statement](https://ndax.io/blog/article/conflict-of-interest-statement.md): Ndax Canada Inc. (Ndax, we, us or our) is registered as an Investment Dealer under the securities or derivatives legislation in each of the provinces and territories of Canada and is a member of the Canadian Investment Regulatory Organiz
- [Relationship Disclosure Document](https://ndax.io/blog/article/relationship-disclosure-document.md): Please Review and Retain this Document This document contains important information about your r
- [Privacy Policy](https://ndax.io/blog/article/privacy-policy.md): This Privacy Policy (“Policy”) explains how Ndax Canada Inc. (“Ndax”, “our”, “we”, “us”) interacts with the personal information you (“the user”, “your”, “them”) provide us while using our services or our website at https://ndax.io (“Web
- [Deposits of Non Supported Virtual Asset](https://ndax.io/blog/article/deposits-of-non-supported-virtual-asset.md): This policy applies to all Users depositing tokens and other virtual assets that are not supported by Ndax on the Ndax Platform (
- [Disclaimer](https://ndax.io/blog/article/disclaimer.md): YOUR USE OF THE NDAX SITE, OR ANY OTHER APPLICATIONS OR SERVICES PROVIDED BY NDAX IS ENTIRELY AT YOUR OWN RISK. THE SITE IS PROVIDED ON AN "AS IS" BASIS AND WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, EITH
- [Custody Disclosure Statement](https://ndax.io/blog/article/custody-agreement.md): This Custody Disclosure Statement is incorporated by reference into the Risk Statement and Relationship Disclosure Document. All capitalized terms used but not defined in this statement have the same meaning given to them in the
- [Cookies Policy](https://ndax.io/blog/article/cookies-policy.md): This Cookie Policy explains how Ndax Canada Inc. ("Ndax") uses cookies, how you can manage your cookie choices, and how you can contact Ndax with questions about Ndax’s use of cookies. By using the Ndax website, you
- [Wire transfers vs. Interac e-Transfer for funding crypto accounts in Canada](https://ndax.io/blog/article/wire-transfers-vs-interac-e-transfer-for-funding-crypto-accounts-in-canada.md): Learn how Interac e-Transfer and wire transfers compare when funding a Canadian crypto account, including speed, limits, cost, convenience, larger deposits, and when each method may make sense. Learn what institutional-grade crypto trading could mean in Canada, including regulation, custody, liquidity, execution, reporting, support, and operational controls. These Application Programming Interface ("APIs") Terms and Conditions of Use ("API Terms") set forth the terms and conditions for using the Ndax APIs and con
- [Registered vs. unregistered crypto platforms in Canada: What users should know](https://ndax.io/blog/article/registered-vs-unregistered-crypto-platforms-in-canada-what-users-should-know.md): Learn what registration means for crypto trading platforms in Canada, how registered and unregistered platforms differ, and what users should check before opening an account. The Ontario Securities Commission’s latest crypto asset survey provides key insights into how digital asset adoption is growing in Canada. Compare why some crypto products available on global or offshore platforms may not be available on Canadian crypto trading platforms, and how regulation, product risk, leverage restrictions, asset selection, custody, disclosures, and pla
- [How to verify if a crypto platform is registered in Canada](https://ndax.io/blog/article/how-to-verify-if-a-crypto-platform-is-registered-in-canada.md): Learn how to check whether a crypto trading platform is registered in Canada, where to verify CIRO and CIPF membership, and what regulatory disclosures to review before opening an account. Use this checklist to compare crypto platforms in Canada by regulatory status, total cost, custody practices, and support before opening an account or moving funds. Learn how Bitcoin Lightning works, when it may help Canadians move BTC more efficiently, and what Ndax users should know before choosing Lightning instead of the standard Bitcoin network. Learn what more experienced Canadian crypto users should look for when comparing platforms, including regulation, custody, fees, funding, execution tools, records, and larger-trade support. Account abstraction is a blockchain design feature that makes crypto wallets easier to use. Address poisoning is a crypto scam where attackers send small transactions from lookalike wallet addresses. Adjusted cost base is the average cost per unit of owning a crypto asset after accounting for two or more purchases, fees, and other cost adjustments. An air-grapped wallet is a crypto wallet kept fully offline so its private keys can never be exposed to an internet-connected device. An airdrop is a marketing strategy used by cryptocurrency projects to distribute free tokens to users, either as a reward for engagement or to promote a new digital asset. An algorithmic stablecoin is a stablecoin that attempts to hold a target price through code, market incentives, and supply changes rather than simple one-to-one fiat reserves. An all-time high is the highest price a crypto asset has ever reached on a specific market, platform, or price index. A term used in the finance and cryptocurrency space that refers to the lowest price the asset has ever reached. An altcoin is any cryptocurrency other than Bitcoin. Annual percentage rate, or APR, is a yearly rate of return that does not include compounding. Annual percentage yield, or APY, is a yearly rate of return that includes the impact of compounding. Anti-money laundering, or AML, refers to rules and controls designed to detect and prevent money laundering, terrorist financing, and other financial crime. An appchain is a blockchain built mainly for one application, product or ecosystem. Instead of sharing a general-purpose network with unrelated apps, an appchain customizes its own rules, fees, validators, performance, and governance aro
- [Arbitrage ](https://ndax.io/crypto-glossary/arbitrage.md): Arbitrage is a trading strategy that exploits price differences for the same asset across multiple cryptocurrency exchanges or markets. The ask is the lowest price one or more sellers are willing to accept for a crypto asset in an order book at any given time. An asset-backed token is a crypto token designed to represent exposure to, or a claim on, an underlying asset. An atomic swap is a crypto exchange between two parties that is designed to either complete fully or fail completely. An automated market maker, or AMM, is a smart contract system that lets users trade crypto through liquidity pools instead of a traditional order book. BEP-20 is a token standard on the BNB Smart Chain (BSC) that defines how fungible tokens can be created, issued, and utilized within the ecosystem. Base currency is the first asset shown in a trading pair. In a BTC-CAD pair, Bitcoin is the base currency and Canadian dollars are the quoted currency. A bear market is a period when crypto prices are generally falling and market sentiment tends to be weak. The bid is the highest price a buyer is willing to pay for a crypto asset in an order book at a given time. Bitcoin (BTC) is the first and most widely recognized cryptocurrency, launched in 2009 by the pseudonymous Satoshi Nakamoto. A block in a blockchain is a data structure that records transactions occurring within a specific period, forming the foundational unit of a blockchain network. A blockchain explorer is a tool that lets users view and verify public blockchain data. It shows records such as transactions, blocks, wallet addresses, timestamps, and network fees, based on information written to a blockchain’s ledger.
- [Block reward ](https://ndax.io/crypto-glossary/block-reward.md): A block reward is the amount of cryptocurrency paid by a blockchain protocol to the participant that successfully adds a new block to the chain. Block size is the maximum amount of transaction data that can be included in a single block on a blockchain Block time is the average time it takes a blockchain network to produce and add a new block to its chain. A blockchain is a digital ledger that records transactions in blocks that are linked together in order. Blockchain interoperability is the ability of different blockchain networks to communicate, share data, or transfer assets between each other. A blockchain network is the group of computers, rules, and software that keeps a blockchain operational. A blockchain oracle is an external service that connects blockchain networks to real-world data, enabling smart contracts to execute based on information from outside their native environment. Bonding in the cryptocurrency context refers to the process of locking up a specific amount of tokens within a blockchain protocol to earn rewards or participate in governance decisions. A bonding period is the period between when a user stakes or delegates a proof-of-stake asset and when that stake becomes active under the network’s rules. A borrowing protocol is a blockchain-based system, often implemented through smart contracts, that lets users borrow one crypto asset by depositing another asset as collateral. A breakdown is a price move below a support level or trading range. A breakout is a price move above a resistance level or trading range. A bridge is a tool or protocol that helps users move crypto assets or data between different blockchain networks A bull market is a period when asset prices are generally rising and market sentiment is strong. A burn mechanism is a rule or process that permanently removes tokens from circulation. A burn token is a token that has been permanently removed from circulation. Burning is the act of permanently removing tokens from circulation. CIPF coverage is protection provided by the Canadian Investor Protection Fund for eligible client property held by a CIPF member firm if that firm becomes insolvent, subject to CIPF’s coverage limits and rules. It is designed to address
- [CRA crypto guidance](https://ndax.io/crypto-glossary/cra-crypto-guidance.md): Canada Revenue Agency (CRA) crypto guidance refers to the CRA’s published information on how crypto-assets are treated under Canadian tax rules. A call forwarding scam is a fraud strategy where a scammer tricks a person into forwarding their phone calls to a number controlled by the scammer. The Canadian Investment Regulatory Organization, or CIRO, is Canada’s national self-regulatory organization for investment dealers, mutual fund dealers, and trading activity on Canadian debt and equity marketplaces. A Canadian dollar trading pair is a market that lets users trade a crypto asset directly against Canadian dollars. In a BTC-CAD pair, Bitcoin is known as the base asset while the Canadian dollar is the quote currency. Canadian securities regulators refer to the provincial and territorial authorities that oversee securities markets. Canada does not have a single national securities regulator, so these authorities work together via the Canadian Securiti
- [Candlestick chart](https://ndax.io/crypto-glossary/candlestick-chart.md): A candlestick chart is a price chart that shows how an asset traded over a specific time period. A capital gain refers to the increase in value that occurs when an asset is sold or disposed of for more than its adjusted cost base. A capital loss refers to the decrease in value that occurs when an asset is sold or disposed of for less than its adjusted cost base. A central bank digital currency, or CBDC, is a digital form of money issued by a nation’s central bank. Centralization refers to the structure where control, decision-making, or operations are concentrated in one company, authority, group, or system. In crypto, centralization can describe a trading platform that controls user accounts, a b
- [Centralized exchange (CEX)](https://ndax.io/crypto-glossary/centralized-exchange-cex.md): A platform where users can buy, sell, and trade cryptocurrencies. Circulating supply refers to the number of units of a crypto asset that are currently available in the market. It includes tokens that are not locked, burned, or otherwise removed from public circulation. A coin is a cryptocurrency that belongs to a specific blockchain. A cold wallet is a crypto wallet that keeps private keys offline. Collateral refers to any asset pledged to secure a loan, borrowing position, or other financial obligation. Composability is the ability for blockchain applications, smart contracts, and protocols to connect and build on each other. Composability allows one application to use another protocol’s functions, assets, or liquidity instead of creati
- [Confirmation](https://ndax.io/crypto-glossary/confirmation.md): A confirmation is the state of a crypto transaction being included in a block and accepted by the blockchain network. A consensus mechanism is the system a blockchain uses to agree on valid transactions and the current state of the ledger. A contract address is the blockchain address where a smart contract is deployed. A contract interaction is an action where a wallet or application communicates with a smart contract on a blockchain. A crash is a sharp and rapid decline in an asset’s price that occurs over a short period of time. It is often accompanied by unusually high trading volume and elevated volatility. A cross-chain bridge is a protocol that enables the transfer of assets or messages between different blockchain networks. A cross-chain transfer is the movement of a crypto asset or message from one blockchain network to another. A crypto address is a unique identifier used to send or receive crypto on a blockchain network. A crypto asset is a digital asset recorded on a blockchain or distributed ledger system. A crypto asset statement is an account record that summarises a user’s crypto holdings and related account activity over a defined period of time. A crypto miner is a participant in a proof-of-work blockchain network who uses computing power to compete to produce valid blocks under a protocol’s established rules. A crypto trading platform is a service that facilitates buying, selling, and trading crypto assets for its users through an account-based interface. A crypto wallet is a tool that lets users manage their private keys, which are required to access and transfer cryptocurrency. A crypto withdrawal is the process of a user moving one or more cryptocurrencies from their crypto platform account to an external wallet address. A crypto-backed stablecoin is a stablecoin that uses cryptocurrency as collateral to support its target price. Cryptocurrency is a digital asset that uses cryptography and blockchain technology to record ownership and transfer value. A cryptocurrency exchange is a platform where users can buy, sell, or trade crypto assets. Cryptography is the use of mathematical methods to protect information, verify identity, and secure digital activity. A custodial wallet is a crypto wallet where a third party controls the private keys on behalf of the user. A custodian is a company (or in some cases, a person) responsible for holding and safeguarding assets on behalf of clients. Custody refers to the safekeeping and control of crypto assets or the private keys that allow those assets to be moved. A DAO, or decentralized autonomous organization, is a blockchain-based organization that uses smart contracts and token-based governance to coordinate decisions. A decentralized exchange, or DEX, is a crypto trading application that lets users swap tokens through smart contracts rather than through a traditional centralized order book. A decentralized application, commonly referred to as a dApp, is an application that uses smart contracts on a blockchain to perform part of its function. Data availability is the ability for network participants to access transaction data needed to verify a blockchain or scaling system. Decentralization is a structure where control is spread across many participants instead of being concentrated in one company, authority, or system. Decentralized finance, or DeFi, is a classification of blockchain-based financial applications. Deflation can refer to a decrease in the supply of an asset or a rise in its purchasing power over time. A deflationary token is a crypto token whose supply is designed to decrease over time. Delegated proof of stake is a consensus model where token holders help choose validators or block producers to secure a blockchain. Delegation is the process of assigning staking power or voting power to another participant on a blockchain network. A deposit is the process of adding funds to a platform, wallet, or account. A desktop wallet is a crypto wallet installed on a desktop or laptop computer. The opposite of paper hands; it refers to someone who holds their cryptocurrency even during periods of high volatility, showing strong resolve and patience. Difficulty adjustment is a protocol rule that changes how hard it is for miners to add new blocks to a proof-of-work blockchain. A digital asset is a broad term that refers to any asset that exists in digital form. Money that exists only in electronic form and is used for online transactions. Digital scarcity is the ability to limit the supply of a digital asset in a way that can be verified by users. A digital signature is cryptographic proof that a wallet owner approved a transaction or message. A distributed ledger is a record of transactions or data that is shared across multiple computers instead of being stored in a single central database. "Do Your Own Research" (DYOR) is an essential rule in cryptocurrency investing, reminding users to conduct thorough due diligence before putting money into any asset. General
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