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.
How To Buy Bitcoin On NDAX | Buy Bitcoin in Canadađ
Hello, Iâm Blooming Umoren.đ In this tutorial, Iâm 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.Â
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
 đ  READ: NDAX REVIEW â  Â
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 letâs go straight into todayâs tutorial:
5 SIMPLE STEPS đđ HOW TO BUY BITCOIN ON NDAX
Step 1: Open NDAX Account?
Log into your NDAX account. Donât have an NDAX account?
đȘȘ 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 âWalletâ icon.
-
- Under: Wallets, youâll see 3 tabs – Favorites, Crypto, and, Fiat
- Select Fiat
- Click on the CAD showing your Canadian dollar balance. Usually itâs $0.00
- At the lower bottom, select Deposit
- Input the deposit amount
- Click Confirm
- Next, the Interac Instruction is displayed.
- Name: NDAX PAYMENT
- payments@ndax.io
- 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
- Security Question: WHY NDAX?
- Security Answer: Check your NDAX account
- 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
-
- Youâll receive an email from NDAX with subject line âDeposit is Pendingâ
- Once the deposit is made, youâll receive another NDAX email with subject line âDeposit was Acceptedâ
- Immediately your NDAX account balance is updated, youâll receive a 3rd email with subject line âDeposit Madeâ
- Ensure the name on your bank account matches the name on your NDAX account.Â
Step 4: Buy Bitcoin
On your phone, click on âQuick TradeâÂ
-
-
- Under Order Size, enter the dollar amount of Bitcoin to buy e.g. $100
- Once the dollar amount is entered, the corresponding Bitcoin quantity is displayed.
- To use all the dollar amount in your NDAX wallet, click 100%
- Else, enter the dollar amount of Bitcoin to buy
- Then click âBuy BTCâ at the bottom of the page
- Confirm transaction page is displayedÂ
- Click âConfirmâ
- Order confirmation page is displayed: Just bought BitcoinÂ
- Congrats! You just bought Bitcoin
-
Step 5: Transfer Bitcoin To Ledger Nano X:Â Â
Next, itâs important to transfer your Bitcoin to your cold wallet such as Ledger Nano X.
As explained in our Crypto Investing for Beginners, itâs 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
LET'S GET STARTEDStart Crypto Course Now â
Personalized one-on-one coaching session for the CRYPTO for beginners investing course. Book a session right away! Limited spots.
