As crypto market has seen significant growth over past years, more and more individual investor and institutional investors are attracted to the emerging sector. However, as more and more crypto exchanges emerge due to the rapid development of digit assets, investors may be confused when deciding between several crypto exchanges with similar benefits and features, especially for novice investors.
In this article, we will compare BTCC and NDAX, two popular crypto exchanges in the world, based on different factors, such as supported cryptocurrencies, security, fees, customer service, ease of use and service scope. We believe users can make a right choice between the two exchanges after reading the following part.
Key takeaways
- Founded in 2017 by Bilal Hammoud and Usman Sheikh, NDAX is a popular exchange that enjoy good reputation in offering low fees, cryptocurrency trading, staking rewards and regulation compliance.
- BTCC, one of the longest-running exchanges in the world, may be a better choice for traders looking for large selection of cryptocurrencies and ease of use.
| BTCC vs. NDAX | ||
| BTCC | NDAX | |
| Supported Cryptocurrencies | 300+ | Only 30+ |
| Security | Industry-leading security, with no reported hacks or security breaches to date | Enjoy good reputation in safety, as it adopts measures like two-factor authentication and cold storage to keep asset safe |
| Fees | Compared with other major crypto exchanges, the fees charged by BTCC is relative low, such as only charging 0.06% for both takers and makers | Offer some of the lowest fees for cryptocurrency trades, such as trading fees are fixed as low as 0.20% without depending on trade volume, free deposit |
| Customer Service | Offer excellent customer service via email and live chat | Providing multiple ways of customer service |
| Ease of Use | Intuitive interface, easy for both newcomers and experienced traders | Not good for beginners as there are no solutions for novice traders (for example, don’t provide demo accounts) |
| Service Scope | Offer service to more than 6 million registered users in more than 100 countries and regions | Only for Canadians |
Summary
NDAX, a Canada-based leading exchange, is indeed a good choice for traders in Canada. Although it develops rapidly and becomes more and more popular due to its low fees, high security and strict regulation compliance, however, there is no denying that some disadvantages do exist in NDAX, like limited cryptocurrency choice and being less friendly for novice traders. That’s why we intend to introduce BTCC, the longest running exchange in the world.
As one of the longest-running exchange in the world, BTCC is committed to making crypto trading reliable and accessible to everyone. With a mission of providing a trading platform that is fair and reliable in every sense, BTCC strives to uplift the industry’s standard for quality trading. At present, BTCC offers service in more than 100 countries and regions with more than 6 million registered users.
After comparison, it is not difficult to find that BTCC performs better than NDAX in several aspects. We are more willing to introduce BTCC for its great advantages. The key points why we choose BTCC set forth as below:
- Industry-leading Security
- High Liquidity & Volume
- Extremely Low Fees
- High and Rich Bonus
- High Leverage for Crypto Futures Trading
- User-Friendly