According to a recent LinkedIn post from KOHO, the Canadian fintech is highlighting the launch of crypto trading within its app, enabled through a partnership with Ndax Canada Inc. The post describes functionality that lets users buy and sell a range of cryptoassets, including Bitcoin, Ethereum, USDC, and Solana, directly from their KOHO spendable balances with fees starting at 0.5%.
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The company’s LinkedIn post also notes that users can deposit BTC into KOHO and trade 24/7 from as little as $1, while emphasizing educational resources such as an FAQ and an education hub for new crypto users. The arrangement appears to rely on Ndax, a CIRO-regulated investment dealer, for registrable activities and custody, although the post clarifies that CIPF coverage does not extend to virtual assets.
For investors, the post suggests KOHO is broadening its product set from spend-and-save services into higher‑margin trading features that could increase user engagement and fee-based revenue. Integrating crypto directly into the core app may also strengthen KOHO’s competitive position versus neobanks and trading platforms in Canada, though regulatory risks, crypto market volatility, and limits to investor protection could constrain uptake and raise compliance costs.