Full-Time
Principal Engineer
Canada Wide, Remote
Updated on 9/28/2024
Newton Crypto
11-50 employees
No-fee cryptocurrency trading platform for Canadians
Senior, Expert
Remote in Canada
Remote team spread across Canada.
- Mastery with Python or TypeScript, comfortable picking up any language
- Proven expertise in designing and building large-scale, high-performance systems
- Deep knowledge of distributed systems, and cryptographic principles
- Exceptional leadership and communication skills, with the ability to influence at all levels of the organization
- Proven ability to balance short-term needs with long-term goals
- Deep understanding and experience with blockchain technology and distributed systems
- A passion for technology and a track record of driving innovation
- Work directly with the CTO and be a key-decision maker and contributor to our technical vision and strategy
- Lead the architecture and design of the most critical systems and features
- Provide technical expertise and guidance to the entire organization
- Identify and solve for critical system failures and deficiencies
- Collaborate with product management and other stakeholders to align technical initiatives with business goals
- Drive innovation by researching and implementing new technologies and approaches
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 helps them take 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, benefiting traders. The company focuses on providing high liquidity, ensuring that assets can be easily bought or sold without significantly affecting their prices. Inspired by Sir Isaac Newton's commitment to fairness, the company aims to create a more open and democratic financial system for its clients.
Company Stage
Series B
Total Funding
$35M
Headquarters
Toronto, Canada
Founded
2018
6 month growth
↑ 8%1 year growth
↑ 5%2 year growth
↓ -27%
Simplify's Take
What believers are saying
- The recent US$20M Series B funding round will enable Newton to further develop its technology and platform, enhancing user experience.
- Partnerships with companies like Koinly simplify tax calculations for users, adding value to the trading experience.
- The introduction of advanced authentication methods, including biometric authentication, enhances platform security, making it more attractive to users.
What critics are saying
- The highly competitive cryptocurrency market could make it challenging for Newton to maintain its unique no-fee model.
- Regulatory changes in the Canadian market could impact Newton's operations and profitability.
What makes Newton Crypto unique
- Newton offers a no-fee trading platform, setting it apart from traditional brokerage firms that charge transaction fees.
- The platform's high liquidity and competitive spreads provide users with some of the best prices available in the market.
- Newton's focus on the Canadian market allows it to tailor its services specifically to Canadian clients, unlike global competitors.