How To Buy Bitcoin On NDAX | Buy Bitcoin in Canada🍁

Step-by-step guide on how to buy Bitcoin in Canada on NDAX. NDAX ranks as one of the best crypto exchanges in Canada for beginners and advanced crypto traders.

Hello, I’m Blooming Umoren.👋 In this tutorial, I’m going to walk you through how to buy Bitcoin on NDAX. This is a simple step-by-step guide on “How to Buy Bitcoin in Canada on NDAX”.

This is a simple step-by-step guide on how to buy Bitcoin in Canada on NDAX also known as The National Digital Asset Exchange (NDAX). NDAX stands as one of the best crypto exchanges in Canada for beginners and advanced crypto traders. 

NDAX offers a user-friendly platform for both beginners and advanced traders. It offers one of the lowest trading fees in Canada with free fiat and crypto deposits. It offers robust features such as instant account verification process, fast processing time for deposits and withdrawals and largest selections of crypto coins in Canada and crypto wallet withdrawals. It offers a tiered referral program and 28+ coins for crypto trading & investing.

To read our comprehensive review of NDAX, click here

 📚  READ: NDAX REVIEW  ✅   

If you have any question(s), leave them in the comments section below and I will answer them. Feel free to connect with me on Youtube, Facebook, Instagram or Twitter.

So let’s go straight into today’s tutorial:

5 SIMPLE STEPS 🍁📝 HOW TO BUY BITCOIN ON NDAX
Step 1: Open NDAX Account?

Log into your NDAX account. Don’t have an NDAX account?

🪪 SIGN UP HERE & GET $10 CASHBACK
Step 2: Add Funds

Add funds to your NDAX wallet. The easiest way to fund your NDAX wallet is via Interac. On your phone, click on the “Wallet” icon.

    1. Under: Wallets, you’ll see 3 tabs – Favorites, Crypto, and, Fiat
    2. Select Fiat
    3. Click on the CAD showing your Canadian dollar balance. Usually it’s $0.00
    4. At the lower bottom, select Deposit
    5. Input the deposit amount
    6. Click Confirm
    7. Next, the Interac Instruction is displayed.
      1. Name: NDAX PAYMENT
      2. payments@ndax.io
      3. Unique Message Code (To avoid any delays, ensure you include this unique message code in the message or notes section of your Interac e-transfer
      4. Security Question: WHY NDAX?
      5. Security Answer: Check your NDAX account
      6. Ensure you only copy and paste this information directly from NDAX to your Canadian bank account. Do not type it out to avoid errors. Simply copy and paste.
Step 3: Send Interac

Next, log into your Canadian bank account and send an Interac to NDAX with the same amount initially requested per the instructions in steps 2

    1. You’ll receive an email from NDAX with subject line “Deposit is Pending”
    2. Once the deposit is made, you’ll receive another NDAX email with subject line “Deposit was Accepted”
    3. Immediately your NDAX account balance is updated, you’ll receive a 3rd email with subject line “Deposit Made”
    4. Ensure the name on your bank account matches the name on your NDAX account. 
Step 4: Buy Bitcoin

On your phone, click on “Quick Trade” 

      1. Under Order Size, enter the dollar amount of Bitcoin to buy e.g. $100
      2. Once the dollar amount is entered, the corresponding Bitcoin quantity is displayed.
        1. To use all the dollar amount in your NDAX wallet, click 100%
        2. Else, enter the dollar amount of Bitcoin to buy
      3. Then click “Buy BTC” at the bottom of the page
      4. Confirm transaction page is displayed 
      5. Click “Confirm”
      6. Order confirmation page is displayed: Just bought Bitcoin 
      7. Congrats! You just bought Bitcoin
Step 5: Transfer Bitcoin To Ledger Nano X:  

Next, it’s important to transfer your Bitcoin to your cold wallet such as Ledger Nano X.

As explained in our Crypto Investing for Beginners, it’s essential to move your crypto offline to a cold wallet such as Ledger Nano X and never leave it on any crypto exchange.

Remember, the first rule for investing in cryptocurrency is: Never Leave Your Bitcoin or any crypto on any exchange to prevent loss due to theft, hacker & rug pulls.

To get your Ledger wallet from the official website, click here

🔒SHOP LEDGER NANO X? CLICK HERE 

Step-by-step tutorial on how to invest in Bitcoin. The goal of this crypto for beginners tutorial is to make the process of investing in crypto as easy as possible for you. READ MORE

Questions?🤔

If you have any question(s), leave them in the comments section below. Feel free to connect with me on Youtube, Facebook, Instagram or Twitter.

See you in the next class! 👋

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I’m Blooming Umoren. I enjoy teaching about stock market & cryptocurrencies investing as long term cornerstones for creating and building multi-generational wealth.


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