NDAX vs Shakepay
- Comparing
- two exchanges
- Decided by
- Editorial rating
- Last reviewed
- 2026-08-23
Calgary exchange with a flat 0.20 percent trading fee and free Interac and wire funding in both directions.
Montreal app with Investment Dealer registration and a deliberately tiny asset list, priced through a spread rather than a visible fee.
Verdict: NDAX
NDAX rates higher on our rubric: 4.3 against 4.1 for Shakepay.
- Criterion
- Editorial rating
- NDAX
- 4.3
- Shakepay
- 4.1
NDAX and Shakepay, fact by fact
Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.
| Fact | NDAX | Shakepay |
|---|---|---|
| Editorial rating | 4.3 (favoured on this row) | 4.1 |
| Published fees | Flat 0.20%, free Interac | No fee shown, ~1.5-2% spread |
| Maker fee | 0.20 percent, falling toward zero at very high 30-day volume | Not published |
| Taker fee | 0.20 percent | Not published |
| Identity verification | Required | Required |
| Bitcoin-only | No | No |
| Payment rails supported | 2 | 2 |
| Countries ranked in | 1 | 1 |
| Ranks first in | 0 | 0 |
| Countries shared | 1 | 1 |
| Security record | No record on file | No record on file |
| Founded | 2018 | 2015 |
| Headquarters | Calgary, Alberta, Canada | Montreal, Quebec, Canada |
| Last reviewed | 2026-08-23 | 2026-08-23 |
Where both NDAX and Shakepay are ranked
Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.
| Country | Status | NDAX ranks | Shakepay ranks | Comparison |
|---|---|---|---|---|
| Canada | Legal | #3 | #4 |
CanadaFrequently asked questions
Is NDAX or Shakepay better?
NDAX rates higher on our rubric: 4.3 against 4.1 for Shakepay. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.
Which is cheaper, NDAX or Shakepay?
NDAX: Flat 0.20%, free Interac. Shakepay: No fee shown, ~1.5-2% spread. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.
Where can I use both NDAX and Shakepay?
Both are ranked in our guides for Canada. NDAX is ranked in 1 countries in all and Shakepay in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.
Has NDAX or Shakepay had a security incident?
NDAX carries no dated security record on our review yet, a gap in our records rather than a clean bill. Shakepay carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.
Do NDAX and Shakepay require ID verification?
NDAX: required. Shakepay: required.
The full reviews: NDAX and Shakepay, each with its sources, and every exchange we review.
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