National Digital Asset Exchange (NDAX)
Welcome to Canada’s first officially endorsed cryptocurrency exchange platform.
Project Overview
From the beginning of the 21st century until now, cryptoassets not only popped into existence and grew exponentially, but also became a legitimate part of the financial world. Some national economies have even incorporated the use of cryptocurrencies into their systems. However, a lot has to happen for that to successfully take place.
Industry
[FINTECH] [CRYPTO EXCHANGE]
Headquarters
Canada
Year
2024
Project Goals
SpaceDev’s contributions
Technologies used
Typescript
Angular 8
NodeJS
Express
Mongo DB
Figma
React Native
AlphaPoint
The Bottom Line
After the new frontend was released, new user registration went from ~50 per month to ~200, while the new verification process had a validation increment from 50% of the registered users to 80%. And it makes sense, since the funds of NDAX’s clients are not sent offshore or to other jurisdictions, but remain in Canada in a segregated bank account, legally separate from the company’s operating capital. It doesn’t get more secure than this!
SpaceDev loves to tackle projects that bring the future closer to tech users and the public in general. Working intimately with NDAX and enriching Canada’s financial ecosystem was nothing short of an exciting and joyful ride.
