If you hold cryptocurrency and aren't earning anything on it, you're leaving money on the table. NDAX offers built-in staking directly from your account — no external wallets, no complex setup, and no need to move your assets off the platform. This guide covers everything you need to know about staking on NDAX in 2026.
What is Crypto Staking?
Staking is the process of locking up a cryptocurrency to help validate transactions on a proof-of-stake blockchain network. In return for participating in network validation, stakers earn periodic rewards — typically paid out in the same cryptocurrency they staked.
Think of it like earning interest on a savings account, except instead of a bank using your money to fund loans, the blockchain network is using your coins to help secure and process transactions.
Not all cryptocurrencies support staking. Only proof-of-stake (PoS) coins can be staked — Bitcoin, for example, uses proof-of-work and cannot be staked.
How Does Staking Work on NDAX?
NDAX has built staking directly into its platform, which makes it one of the simpler ways to start earning passive crypto income in Canada. The process works like this:
- Hold a stakeable asset in your NDAX account
- Opt in to staking through the NDAX platform interface
- Earn rewards that are paid out periodically to your account
- Unstake at any time — though some assets may have an unstaking period before funds are released
Because staking is handled entirely within NDAX, you do not need a hardware wallet, a separate staking platform, or any technical knowledge of blockchain infrastructure.
Why Stake on NDAX Instead of Elsewhere?
There are several reasons Canadian investors choose to stake through NDAX rather than using an external staking service or doing it themselves:
Regulatory standing — NDAX is registered as an Investment Dealer and Marketplace under FINTRAC and CIRO. Staking through a regulated Canadian platform is lower risk than using an unregulated offshore service.
Simplicity — Staking on NDAX requires no technical setup. You do not need to run a validator node, manage a wallet, or understand the underlying blockchain mechanics.
Custody stays on platform — Your assets remain in your NDAX account throughout the staking process. You can monitor your balance, view your rewards, and manage your portfolio all in one place.
No minimum staking amounts — NDAX does not require large minimum holdings to participate in staking, making it accessible to investors with smaller portfolios.
What Coins Can You Stake on NDAX?
NDAX supports staking on select proof-of-stake cryptocurrencies. The available assets and their reward rates vary and are updated periodically based on network conditions. Common stakeable assets on NDAX include:
- Ethereum (ETH) — the second-largest cryptocurrency by market cap, now fully proof-of-stake following The Merge in 2022
- Cardano (ADA) — one of the most established PoS blockchains with a long track record of consistent staking rewards
- Solana (SOL) — a high-throughput blockchain with competitive staking yields
- Polkadot (DOT) — a multi-chain network with native staking built into its consensus mechanism
- Tezos (XTZ) — known for its on-chain governance and consistently active staking participation
Always check the NDAX platform directly for the current list of supported staking assets and their live reward rates, as these change with network conditions.
How Much Can You Earn Staking on NDAX?
Staking rewards vary by asset and by current network conditions. Rates are not fixed and fluctuate based on factors including total network stake, validator performance, and protocol-level adjustments.
As a general range, proof-of-stake assets on major exchanges typically offer annual yields between 3% and 13% depending on the coin. Ethereum staking tends to offer lower but more stable yields, while smaller-cap PoS assets may offer higher rates with more variability.
NDAX displays current estimated reward rates for each supported asset within the platform — review these before deciding which assets to stake.
Risks to Understand Before Staking
Staking is generally considered lower risk than active trading, but it is not risk-free. Key risks to understand:
Price volatility — Your staking rewards are paid in the same cryptocurrency you staked. If the price of that asset falls significantly, your rewards may be worth less in Canadian dollar terms than when you earned them.
Unstaking periods — Some assets have a mandatory waiting period after you choose to unstake before your funds are released. During this window, your assets are locked and cannot be sold. Check the unstaking period for each asset before committing.
Platform risk — Staking through any centralized platform means you are trusting that platform with custody of your assets. NDAX is a regulated Canadian exchange, which reduces but does not eliminate this risk.
Reward rate changes — Staking yields are not fixed. They can and do change as network participation increases or protocol rules are updated.
Staking vs. Trading: Which is Right for You?
Staking and trading serve different goals:
| Staking | Trading | |
|---|---|---|
| Goal | Passive income on held assets | Profit from price movements |
| Time commitment | Minimal | Active monitoring required |
| Risk profile | Lower (market risk only) | Higher (execution risk + market risk) |
| Best for | Long-term holders | Active market participants |
Many Canadian crypto investors do both — trading actively with a portion of their portfolio while staking long-term holdings to earn passive rewards on assets they plan to hold regardless.
How to Get Started on NDAX
If you do not have an NDAX account yet, here's how to get started:
- Sign up via NDAX — the $10 sign-up bonus is applied automatically via the referral link
- Complete KYC verification — most approvals take just a few minutes
- Deposit CAD via free Interac e-Transfer
- Trade $100 to qualify for your sign-up bonus
- Navigate to the staking section in your NDAX account to view available assets and opt in
If you already have an NDAX account, log in and look for the staking section in your account dashboard to see which assets you currently hold that are eligible for staking rewards.
Is NDAX Staking Worth It?
For Canadian investors who already hold proof-of-stake assets and plan to hold them long-term, staking on NDAX is a straightforward way to put those assets to work. There is no additional cost, no technical complexity, and your assets remain within a regulated Canadian platform.
The main consideration is the unstaking period — if you may need to sell quickly, make sure you understand how long it takes to unstake before committing your full balance.
For passive income on crypto you were going to hold anyway, staking on NDAX is one of the simplest and most accessible options available to Canadian investors.
🎁 New to NDAX? Sign up at NDAX and trade $100 to claim your $10 sign-up bonus.