Canada’s National Digital Asset Exchange (NDAX) Adds EOS to Crypto Portfolio
As from September 13, 2018, the National Digital Asset Exchange (NDAX), started supporting the EOS cryptocurrency token. By doing this, NDAX became Canada’s pioneering exchange platform to offer the EOS/CAD trading pair. Also, EOS is the sixth digital asset to be listed on NDAX, coming after Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and Ripple. The addition of this virtual currency will facilitate the seamless, swift, affordable, and secure conversion of the EOS token into Canadian dollars and vice versa.
Besides having a sizeable portfolio of cryptocurrency tokens, NDAX is determined to become a leading exchange in Canada by realigning its fee structure to make transactions more affordable. Despite being one of the most pocket-friendly trading platforms, NDAX has further reduced the transaction charges form 0.3% to 0.2%. Additionally, institutional investors who participate as market makers will access the platform free of charge. Essentially, NDAX charges a fraction of the typical fees imposed by many of its competitors.
EOS is a blockchain platform that facilitates the development of fast, simple and scalable decentralized applications. The coin currently has a market capitalization that is well above the $1 billion mark. Also, its blockchain network records more activity than the Bitcoin and Ethreum networks.