Ndax alternative for USDT you cannot sell on Ndax
Ndax's help-centre table lists 42 trading pairs, none of them USDT. Unigox is an Ndax alternative for that gap: you sell USDT to a buyer who pays your bank. For USDC, bitcoin or ether, keep Ndax at a flat 0.20%.
When to stay with Ndax
You hold USDC and want the order-book price
Ndax trades USDC directly against Canadian dollars for a flat 0.20%: $10 on a $5,000 sale. Sending the dollars to your bank by Interac e-Transfer costs $1.50. A P2P buyer on Unigox sets the rate, and it can sit well below the market price, so for USDC Ndax usually pays you more.
You trade bitcoin, ether, Solana or XRP for CAD
Ndax lists bitcoin, ether, Solana, XRP and dozens more against CAD and takes Interac, wire and crypto deposits for free. When it stakes some coins for you, it keeps 20% of the rewards. Unigox trades stablecoins only.
You want crypto held in trust with BitGo and Coinbase
Ndax is a CIRO-member investment dealer in every province and territory. Most client crypto sits in cold storage with BitGo and Coinbase Custody, in trust for users; CIPF covers the cash in your account, not the crypto.
Ndax's CAD order book next to a Unigox USDT sale
| Topic | Ndax | Unigox |
|---|---|---|
| What it is | A crypto exchange for residents of Canada: you add Canadian dollars, buy, sell and hold coins on an order book, and withdraw CAD to your bank. | A marketplace for stablecoins, where a P2P merchant or a payment business buys your USDT or USDC and pays you local money. |
| USDT | No market. The help centre's table of trading pairs has no USDT pair, and the user agreement bars deposits of unsupported tokens: you carry any loss, and Ndax promises only reasonable efforts to send them back. | Deposited USDT is kept as USDT until you choose to sell it. You can move USDT or USDC between Unigox and an outside wallet before or after a trade. |
| USDC | A USDC/CAD order book with limit, stop, fill-or-kill and iceberg orders, and recurring buys from $10. | Stablecoins only; the sell form shows whether USDC sells for your currency today. |
| Cash to your bank | Sell for CAD first, then withdraw to a bank account in your own name: Interac e-Transfer for $1.50, up to $10,000 per rolling 24 hours, or EFT for $4.99 with no minimum or maximum. | The buyer, a P2P merchant or a payment business, pays your bank account directly. During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. |
| Fees | A flat 0.20% on every buy and sell, at any size, on top of the order-book price and shown before you confirm. Deposits are free; crypto withdrawals carry a flat fee per asset and network. | No separate charge: the Unigox fee is inside the rate a buyer offers. A P2P buyer's rate can sit well below the market price, so price both before you sell. |
| Who can sign up | Legal residents of Canada at the age of majority in their province, with a government photo ID; a foreign passport is accepted. | An identity check comes before your first sale, at any amount. |
| Regulation | Ndax Canada Inc. is an investment dealer registered in all provinces and territories, a CIRO member and FINTRAC registered. CIPF covers fiat in your account, not crypto. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxSelling USDT on Unigox when Ndax will not take it
Open and verify an account
Sign up on Unigox and complete the identity check, which applies from the first sale.
Get the USDT into your Unigox Wallet
Open Deposit in your Unigox Wallet, pick a network the screen lists and give that address to whoever pays you in USDT. Ndax offers no USDT address to use instead.
Accept a buyer's rate
Choose your currency, enter the bank details the form asks for and accept the rate shown. On a P2P sale your USDT waits in escrow until the money arrives.
Ndax fees, USDT support and CIPF: questions
Which Ndax alternative can sell the USDT I am paid in?
Unigox, for that USDT only. Ndax has no USDT pair, so USDT paid to you has nowhere to go there. On Unigox you send it in and sell it to a P2P merchant or a payment business, who pays your bank. For USDC, bitcoin or ether, keep trading on Ndax.
What fees does Ndax charge to trade and withdraw?
A flat 0.20% on every buy and sell, with no maker or taker split: $10 on a $5,000 trade. Interac, wire and crypto deposits are free. Canadian dollars leave by Interac e-Transfer for $1.50, up to $10,000 per rolling 24 hours, or by EFT for $4.99. Crypto withdrawals cost a flat amount per asset and network.
Is Ndax regulated, and what protects my money there?
Ndax Canada Inc. is registered as an investment dealer in every province and territory, is a CIRO member and shows FINTRAC registration M18632135. CIPF protects the Canadian dollars in your account but not crypto. Most client crypto sits in cold storage, in trust, with BitGo Trust Company and Coinbase Custody.
Does Ndax support USDT?
No. Ndax's help-centre table of trading pairs and minimum sizes has no USDT pair, and its one stablecoin pair there is USDC/CAD. The user agreement says to deposit only supported assets and leaves the risk of loss with you if you send anything else.
Price your USDT before you choose a route
Ndax has no USDT market to quote. Enter your amount on Unigox: the sell form lists the currencies buyers pay in today, with the fee already inside the rate.
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