Newton Crypto

Newton Crypto

No-fee cryptocurrency trading platform for Canadians

About

Newton Crypto is a cryptocurrency brokerage based in Canada that allows users to buy and sell 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 is beneficial for taking advantage of market opportunities quickly. Newton stands out from traditional brokerage firms by offering zero-commission trading, making money instead through competitive spreads on trades. This means that the difference between buying and selling prices is minimal, providing traders with better prices. The company focuses on fairness and transparency, inspired by Sir Isaac Newton's legacy in reforming currency systems. Newton's goal is to create a more open and democratic financial system for Canadians engaging in cryptocurrency trading.

Company Stage

Series B

Employees

51-200

Industries

Crypto & Web3, Financial Services

Total Funding

$34M

Headquarters

Toronto, Canada

Founded

2018


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Simplify's Take

What believers are saying

  • Increased DeFi adoption could boost Newton's trading volumes significantly.
  • AI integration can enhance user experience and security on Newton's platform.
  • Growing regulatory clarity may attract more institutional investors to Newton.

What critics are saying

  • Increased competition from other no-fee platforms could erode Newton's market share.
  • Recent authentication changes may lead to user dissatisfaction and impact retention.
  • Regulatory scrutiny in Canada could affect Newton's operations and profitability.

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 popular cryptocurrencies.
  • Newton allows instant trading with up to $10,000 in instant funds for users.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

5%

2 year growth

-25%

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