Full-Time
L2 Developer
Canada Wide, Remote
Posted on 9/25/2024
Newton Crypto
51-200 employees
No-fee cryptocurrency trading platform for Canadians
Junior, Mid
Remote in Canada
Position is remote across Canada.
- Proficiency with any popular programming language such as Python or JavaScript
- Excellent problem-solving skills and attention to detail
- Strong understanding of software development methodologies
- Ability to work as part of a team
- Familiarity with blockchain technology or distributed systems
- Design, develop, and maintain key features of the exchange platform
- Collaborate with cross-functional teams to define and implement innovative solutions
- Perform code reviews and mentor junior engineers
- Ensure the security of the platform by implementing best practices and addressing vulnerabilities
- Participate in the planning and execution of product releases
- Optimize applications for maximum speed and scalability
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
Total Funding
$34M
Headquarters
Toronto, Canada
Founded
2018
6 month growth
↑ 10%1 year growth
↑ 5%2 year growth
↓ -25%
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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