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Newton Crypto
Work Here?
No-fee cryptocurrency trading platform for Canadians
Newton Crypto
Work Here?
No-fee cryptocurrency trading platform for Canadians
About Newton Crypto
Industries
Crypto & Web3
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$35M
Headquarters
Toronto, Canada
Founded
2018
Overview
Newton Crypto is a cryptocurrency brokerage based in Canada that allows users to trade digital currencies like Bitcoin, Ethereum, and Litecoin without any trading fees. The platform is designed to be user-friendly, enabling clients to start trading immediately with up to $10,000 in instant funds, which helps them take advantage of market opportunities quickly. Newton stands out from traditional brokerage firms by offering zero-commission trading, making money instead through the spreads on trades. This means that the difference between buying and selling prices is minimal, providing competitive pricing for traders. The company focuses on serving Canadian clients and emphasizes fairness and transparency, inspired by Sir Isaac Newton's contributions to reforming the currency system. Newton's goal is to create a more open and democratic financial system for cryptocurrency trading.
Simplify's Take
What believers are saying
- Increased DeFi adoption drives demand for Ethereum, benefiting Newton's trading volumes.
- NFT interest boosts cryptocurrency trading, attracting new users to Newton's platform.
- Canadian government's supportive stance on crypto innovation favors Newton's operations.
What critics are saying
- Increased competition from no-fee platforms could erode Newton's market share.
- Cryptocurrency market volatility poses risks to Newton's liquidity and trading spreads.
- Regulatory scrutiny in Canada may increase compliance costs for Newton.
What makes Newton Crypto unique
- Newton offers a unique no-fee trading platform for cryptocurrencies in Canada.
- The platform provides high liquidity and competitive spreads for cryptocurrency trading.
- Newton allows instant trading with up to $10,000 in instant funds for users.
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Funding
Total Funding
$35M
Meets
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Hybrid Work Options
Remote Work Options
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↓ -5%A group of developers known as Newton picked up the project and launched the Toncoin blockchain after Telegram abandoned it.
Newton Crypto Ltd. has added support for more authenticator apps, along with security keys and biometric authentication.With this change, all SMS multi-factor authentication (MFA) has been retired (note: current Authy users will be able to use any authenticator app, not just Authy).
Newton Crypto Ltd. hope you’ll be thrilled to know Newton Crypto Ltd. has partnered up with Koinly, a simple and easy-to-use cryptocurrency tax tool, to make your calculations simpler.
Newton, a Toronto, Canada-based cryptocurrency trading platform, raised US$20M in Series B funding. The round, which brings Newtons valuation to approximately US$200m (CAD$253 million), was led by DV Chain with participation from CI Financial Corp., Singh Capital Partners, Anthony Pompliano, Tiny Capital and Snowdevil Capital. The company intends to use the funds to further develop its technology, platform and infrastructure, attract [] The post Newton Closes US$20M Series B Funding Round appeared first on FinSMEs.
/PRNewswire/ -- Newton Crypto, a low-cost cryptocurrency trading platform for Canadians, today announced that it has completed a US$20 million (CAD$25 million)...
Newton Crypto is Hiring for 5 Jobs on Simplify!
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About Newton Crypto
Industries
Crypto & Web3
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$35M
Headquarters
Toronto, Canada
Founded
2018
Newton Crypto is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today