What Netcoins does

Netcoins is a Canadian-headquartered cryptocurrency exchange platform founded in 2014 in Vancouver, British Columbia, and operated as a wholly-owned subsidiary of BIGG Digital Assets Inc., a publicly traded company on the TSX Venture Exchange under the ticker BIGG. The platform enables retail and institutional customers in Canada and the United States to buy, sell, and stake over 60 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and a growing inventory of emerging tokens, with a flat 0.5% trading fee and instant execution.

The core technology stack combines a self-serve web and mobile application (iOS/Android) with institutional-grade custody infrastructure powered by Fireblocks and BitGo multi-sig wallets and insured cold storage, supplemented by TradingView chart integration, a portfolio management dashboard, and an SMS/email/push price-alert system. Distribution operates through four channels: a product-led self-serve funnel for retail consumers funding accounts via Interac e-Transfer, an enterprise OTC desk for clients trading $25,000+ minimum blocks, an API trading service for fintechs and developers, and dedicated sales coverage for payment platforms leveraging Circle Alliance membership for USDC liquidity.

Revenue is generated primarily through transactional spreads and a flat 0.5% commission on retail and OTC trading volume, supplemented by staking yield-sharing on assets such as ETH, SOL, and ATOM (up to 15% APY), and incremental fees from custody, lending, and payment-rail services. The customer base spans individual retail users (primary), private wealth clients, corporations and hedge funds, Bitcoin ATM operators, fintech platforms, and remittance/payment providers, with regulatory coverage including BCSC registration, FINTRAC MSB registration (M15560893), FinCEN MSB status for the US entity (NMLS# 2424687), and SOC 2 Type 2 certification.

Name

Netcoins

Legal name

Netcoins Inc.

Website

https://netcoins.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Netcoins is a Vancouver-based cryptocurrency exchange, founded in 2014 and owned by BIGG Digital Assets (TSXV: BIGG), serving Canadian and US retail and institutional customers with trading, staking, custody, and OTC services across 60-plus digital assets.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)

akta.pro secondary industries

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Prime Financing & Credit Intermediation (Institutional) (FSADAJAH)

Keywords

• Cryptocurrency exchange
• Crypto trading platform
• Digital asset custody
• Crypto OTC desk
• Crypto staking services

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Trading Commissions: Flat trading fee of 0.5% per transaction for buying and selling cryptocurrency. Revenue generated from the spread between buy and sell prices.
2. OTC Trading Services: Custom pricing models for high-volume institutional traders with minimum $25,000 USD transactions, generating revenue through negotiated spreads and fees.
3. Staking Rewards: Platform earns a portion of staking rewards generated from user staked assets (up to 15% APY on certain coins), with rewards distributed to users and platform taking a cut.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels4 records

Core offering

Netcoins operates a regulated cryptocurrency exchange platform that enables retail users, high-net-worth individuals, and institutional clients to buy, sell, trade, and stake 60+ digital assets. It provides self-directed trading via web and mobile apps, an OTC desk for large-volume trades (minimum $25,000), programmatic API trading, institutional custody backed by Fireblocks and BitGo, crypto lending, and stablecoin payment rails for fintechs and payment platforms across Canada and the United States.

Product overview

Netcoins is a Canadian cryptocurrency exchange platform operated by BIGG Digital Assets (TSXV: BIGG), offering a comprehensive suite of trading and financial services. The platform operates as a unified ecosystem combining Self-Directed Trading as the core retail product with OTC Trading for institutions, API Trading for programmatic access, and Staking for earning rewards. Additional services include the Netcoins App for mobile access, Custody solutions powered by Fireblocks and BitGo, and Crypto Lending. The platform supports both Canadian and US markets, serving retail individuals, private wealth clients, corporations, fintechs, payment platforms, and Bitcoin ATM operators through specialized service tiers.

Differentiator

Problem solved

Functional benefit

Products and services

• Self-Directed Trading Core retail trading platform enabling individual users to buy, sell, and trade 60+ cryptocurrencies with instant execution and limit orders via web and mobile apps.
• OTC Trading Over-the-counter trading desk for institutional clients, sole proprietors, and hedge funds to move large volumes with direct support, custom pricing, and same-day USD/CAD settlement.
• API Trading RESTful crypto trading API providing institutional clients, fintechs, and developers with automated trade execution, algorithmic strategies, and seamless programmatic operations.
• Staking Crypto staking service enabling users to earn rewards up to 15% APY on assets including ETH, SOL, and ATOM with auto-compounding.
• Netcoins App Mobile application for iOS and Android enabling users to manage their crypto portfolio, execute trades, fund accounts, and access all platform features on the go.
• Custody Institutional-grade cryptocurrency custody solution using multi-sig wallets backed by Fireblocks and BitGo with insured cold storage.
• Crypto Lending Crypto lending services enabling users to borrow against their cryptocurrency holdings or lend assets to earn interest.
• Netcoins Wealth Dedicated service tier for high-net-worth individuals and private wealth clients offering personalized support and exclusive features.
• Crypto Payment Rails Payment platform solutions enabling remittance platforms and point-of-sale crypto integrations with same-day USD/CAD settlements, USDC liquidity via Circle, and compliant crypto infrastructure.
• Bitcoin ATM Services Services for Bitcoin ATM operators including reliable high-volume crypto liquidity, same-day settlement, and tailored support for machine restocking and reserve management.

Quantifiable outcome

• Staking rewards up to 15% yearly on select cryptocurrencies
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability1 record

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• FireblockscoreTechnology or IntegrationFireblocks provides institutional-grade custody infrastructure with multi-sig wallets and insured cold storage for protecting client assets on the Netcoins platform
• BitGocoreTechnology or IntegrationBitGo provides institutional custody solutions and wallet infrastructure for secure cryptocurrency storage and protection of client funds
• CirclecoreTechnology or IntegrationNetcoins is a member of the Circle Alliance providing direct access to USDC liquidity for cross-border remittances, commercial payouts, and stablecoin payment integrations through Circle's infrastructure
• Zero Hash LLCcoreTechnology or IntegrationZero Hash provides cryptocurrency transaction processing and custody services for US operations, powering the underlying infrastructure for US customer trading

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Kraken: Global cryptocurrency exchange with retail, OTC, staking, and institutional services. Comparable as a competitor pursuing the same institutional and retail segments, though with significantly larger scale and global brand.
• Bitfinex: Global crypto exchange with strong OTC desk and institutional liquidity offering. Comparable to Netcoins' institutional OTC and liquidity provision capabilities, though at significantly larger scale.
• Coinbase: Largest US-regulated cryptocurrency exchange. Comparable as a competitor in retail trading, staking, and institutional services; competes for Netcoins' US customers and sets the regulatory bar for the segment.
• Crypto.com: Global crypto exchange with retail trading, staking, cards, and institutional services. Comparable as a multi-product competitor pursuing similar customer verticals (retail, institutional, payments).

Others

• Circle: USDC stablecoin issuer and Circle Alliance operator. Comparable as a strategic partner and infrastructure provider whose stablecoin rails power Netcoins' payment platform offering; not a direct competitor but central to the payment-rails thesis.

Direct peers

• Newton: Canadian crypto exchange offering commission-free retail trading. Comparable as a competing Canadian exchange targeting retail users with similar funding methods (Interac).
• Coinsquare: Canadian-registered crypto trading platform offering retail trading, institutional services, and staking. Directly comparable as a Canada-based Restricted Dealer competing for the same customer segments.
• Shakepay: Canadian crypto exchange and payments app focused on retail users buying/selling Bitcoin and Ethereum via Interac. Directly comparable in Canadian retail market, GTM, and funding methods.
• NDAX (National Digital Asset Exchange): Canadian crypto exchange serving retail and institutional clients with OTC desk and CAD trading pairs. Directly comparable in Canadian regulatory footprint and dual retail/institutional focus.
• Bitbuy (Wealthsimple Crypto): Canadian cryptocurrency exchange offering retail trading in Canadian dollars. Directly comparable to Netcoins in geography, customer base (Canadian retail), and product scope (spot trading, staking).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/netcoins

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Netcoins