NDAX.io is one of the top cryptocurrency trading platforms in Canada.
When you open a new account using a valid NDAX referral link, you get a $10 bonus after depositing your first $100.
If your friends sign up using your link, you can earn up to $25 per referral plus 30% of their trading commissions.
The NDAX referral code no longer works. However, you can get a $50 bonus from CoinSmart, one of Canada’s top crypto exchanges (see offer below).
What is NDAX?
The National Digital Asset Exchange (NDAX) is a cryptocurrency exchange based in Calgary, Canada.
It supports the trading of 30+ popular digital currencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple, Cardano, EOS, Stella, Tether, Polkadot, Shiba Inu, and Chainlink.
NDAX offers instant ID verification for new clients, which means you can start trading within minutes of opening your account.
CoinSmart Crypto Exchange
Top crypto exchange in Canada
Great for new & advanced traders
0.20% trading fee
Get a $50 bonus when you deposit $200
NDAX Referral Program
NDAX’s affiliate program pays you to refer others to the platform. You also get a bonus when you first join.
To get started, visit NDAX.
After completing the KYC form online and depositing at least $100, you get a $10 sign-up bonus.
No referral code is required, and you can just click through the links in this article.
As a user, you can copy your referral link from your account dashboard and share it with friends.
When they become clients and deposit at least $100 in their accounts, you both earn as follows (depending on your affiliate level).
|Affiliate Level||Referral Bonus (You)||Referral Bonus (Friend)||Commission|
|Avid (0-10 users monthly)||$10||$10||10%|
|Ambassador (10-20 users monthly)||$15||$10||20%|
|Partner (20+ users monthly)||$25||$10||30%|
Affiliate earnings are paid to your account, and you can either use it to purchase cryptocurrency or withdraw it as cash to your bank account.
NDAX has a low trading fee of 0.20% when you buy or sell crypto.
Fiat and crypto deposits are free; however, you pay competitive fees when you withdraw.
To fund your account, you use their Interac e-Transfer, Wire Transfer, or Bank Draft.
Read this review for more information on how the platform works.
Related: CoinSmart $50 referral program
Is NDAX.io Safe?
NDAX holds most of its coins offline in cold storage to protect them from theft.
It also has the following insurance coverage:
- $5 million USD on its cold wallets to protect against internal theft and Hardware Security Module (HSM) malfunction.
- $3 million USD on its hot wallets (per instance)
- $5 million CAD in general business liability
The company is registered as a Money Service Business with the Financial Transactions and Reports and Analysis Centre of Canada (FINTRAC) and Autorité des marchés financier (AMF)
Lastly, NDAX makes it mandatory for all users to enable 2-Factor Authentication.
You should note that cryptocurrency trading involves speculation, and you can lose your capital.
Downsides of NDAX
This platform is only available to residents of Canada.
For crypto trading sites available in the U.S., you can try Coinbase or Binance.
Related: Rakuten Referral Program (Up to $30 bonus)