NDAX vs Wealthsimple
Compare where to buy or sell Bitcoin & crypto.
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Read: NDAX Review
NDAX Fees
- Deposits and withdrawals: $0
- Spread: 0.2%
- Crypto withdrawal: 0.000399 BTC (~$13)
Funding & Withdrawal Options
- Interac E-Transfer – Funding only
- Bank Draft
Cryptocurrencies: 30+
NDAX Pros
- Dark mode
- Full exchange for traders
- Low spread fee
- Option to send coins on the Ethereum (ERC20) or the Binance Smart Chain (BEP20) networks
- Staking – Earn staking rewards from your crypto
- Buy Bitcoin with stablecoins USDT or USDC trade pairs
NDAX Cons
- You can only make deposits with Interac E-transfer. Can’t withdraw $ CAD funds with Interac E-transfer.
- Crypto withdrawal fee is high
Wealthsimple Fees
- Spread: ~1.5 to 2%
Funding & Withdrawal Options
- Link bank account
Cryptocurrencies: 49+
Wealthsimple Pros
- Super easy to use
- UI design
Wealthsimple Cons
- High fees
- No limit orders
- Takes 3-5 days to transfer and settle funds