Calgary-Based NDAX.io Expands it's OTC Desk for Crypto Trading

Calgary-Based NDAX.io Expands it's OTC Desk for Crypto Trading

By Justin Roberti

A recent ChainAnalysis Report "The 2020 Geography of Cryptocurrency Report" has confirmed that professional and institutional traders worldwide are helping to drive the mainstream adoption of cryptocurrency.


National Digital Asset Exchange Inc. (“NDAX”) has made it's mission to make crypto accessible for Canadians and is celebrating a milestone of $200 million in institutional trading with the expansion and re-branding of its over-the-counter (OTC) trading desk as NDAX Wealth.


NDAX Wealth is a cryptocurrency OTC trading desk, tested and optimized to meet the needs of institutions (globally) and investors (in Canada) looking to trade $50,000 or more. NDAX Wealth offers seamless execution of high-volume block trades and gives access to a deep liquidity pool, industry-leading security, no price slippage, zero transaction confirmation, and same-day settlements against a range of cryptocurrencies and fiat currencies (CAD, USD, EUR, AUD). 


“With a superior level of concierge service provided around the clock, NDAX Wealth trading desk is designed to connect investors with deep liquidity pools, creating hands-off seamless execution while helping to ensure the most competitive and same-day transactions,” Bilal Hammoud, CEO, President, & Founder of NDAX said. “NDAX believes that cryptocurrency and digital currency will play a major role in reshaping the future of our interconnected global economy. Institutional and professional traders (as per the Global Crypto Adoption Index ) have been the main adopters for 2020. NDAX works directly with these investors to arrange purchases and sales that are as unique as the needs of each client -- executing transactions with minimal fees, deep liquidity, and the privacy and autonomy our clients expect.”

 

NDAX Wealth provides a seamless and secure high-volume trading experience with the benefit of a dedicated account executive to guide clients through initial consultations and each subsequent transaction.


Other features include:

 

  • No deposit fees
  • No withdrawal fees
  • Competitive execution fees
  • Zero confirmations for crypto deposits
  • Rest, Websocket, and FIX API connectivity
  • Around-the-clock human support 
  • Dedicated account executives
  • Hybrid crypto transactions
  • Wide range of assets with a large liquidity pool
  • Institutional-grade security with segregated crypto accounts
  • Same-day settlements/segregated bank accounts
  • Industry-leading regulatory compliance


 

NDAX is one of Canada’s leading crypto exchanges, offering 10 cryptocurrencies with several more soon to be announced.

 

To book a meeting with one of NDAX’s OTC account executives, set up a meeting here.