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Satoshi’s vision was to protect the public interest by replacing the current financial system with a distributed and transparent economic model. Regulating cryptocurrency is required to be one of the main pillars for the success of this vision. As early Canadian cryptocurrency users, NDAX’s aim from day one was to be transparent in protecting our...
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The rise in cryptocurrency’s popularity has also led to the rise of cryptocurrency scams. Unscrupulous crypto-predators take advantage of both the “newness” of the market and the naivete of the average consumer to propagate these bad-faith deals. Let’s take a look at some of the most common scams in the cryptocurrency industry, and how to...
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Custody is the latest buzzword in the crypto space.  But it’s not a new concept – at base it is all about who holds the asset and what responsibilities come with holding that asset. Are you a trader who always leaves your crypto on the exchange?  Or are you a HODLer who withdraws to your...
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We are incredibly pleased to introduce trading for Lumen (XLM)  – a native asset of the Stellar network.  Stellar contributes to the ability to move money around the world and to conduct transactions between different currencies quickly. Trading will be enabled for XLM against CAD in the XLM/CAD pair.  An XLM/BTC pair will be introduced...
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While there are not quite yet official direct regulations around cryptocurrency, there are some indirect regulations which apply, some of which are governed by FINTRAC.  We encourage every cryptocurrency user to stay ahead of the game by ensuring their exchange is registered with FINTRAC.   RELATIONSHIP TO FIAT. A huge problem in cryptocurrency is its...
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The 10th anniversary of the whitepaper that sparked Bitcoin’s creation is fast approaching. The white paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was released in 2008. It would soon change everything. Satoshi Nakamoto is the enigmatic figure that brought the idea of cryptocurrency to life through his work. His publication laid out a proposed...
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