Newton Crypto

No-fee cryptocurrency trading platform in Canada

Toronto, Ontario, Canada

About Newton Crypto

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, making it easy for both new and experienced traders to take advantage of market opportunities. Newton stands out from its competitors by offering high liquidity and competitive spreads, which means that users can trade assets easily without significantly affecting their prices. Unlike traditional brokerage firms that charge transaction fees, Newton operates on a zero-commission model, earning revenue through the spreads on trades instead. The company's goal is to create a more open and fair financial system, inspired by the historical figure Sir Isaac Newton, who contributed to currency reform.

Toronto, CanadaHeadquarters
2018Year Founded
$34MTotal Funding
SERIES_BCompany Stage
Crypto & Web3, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Paid Vacation
Paid Sick Leave
Hybrid Work Options
Remote Work Options

Risks

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.

Differentiation

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.

Upsides

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.

Funding

Total raised$34.05 M
Latest valuation$200.00 M
StageSERIES_B