Netcoins, a top crypto exchange based in Canada and a subsidiary of BIGG Digital Assets Inc., listed four popular altcoins in June ending for its clients. Users can now buy and sell Cardano (ADA), Solana (SOL), Polkadot (DOT), and GALA.
Cardano (ADA), Solana (SOL), Polkadot (DOT), and GALA Listings
The licensed and regulatory compliant trading platform has continued to increase the number of digital assets it supports. This is in a bid to bring more investment options to its customers.
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Due to the underlying crypto regulations in Canada, Netcoins requested to update its restricted dealer license in late 2021. The approval of this request came in March 2022 from the authorities, giving rise to a wider offering of coins and tokens on the trading platform.
Three months after this development, Netcoins is pleased to enable trading for some of the top digital assets by market cap and adoption rate. In its fourth major rollout of coin additions, the online cryptocurrency brokerage that makes it easy for Canadians to buy and sell crypto assets, onboarded Cardano (ADA), Solana (SOL), Polkadot (DOT), and the Gala games token, GALA.
With this recent tokens listing, the fully regulated and licensed money services business (MSB), Netcoins now supports a total of 36 cryptocurrencies on its platform. In a wider perspective, among the legal and regulated crypto trading platforms in Canada, Netcoins ranks third based on the most coins listed.
Other crypto tokens that can be bought in Canada via the platform include Shiba Inu (SHIB), Dogecoin (DOGE), Ripple (XRP), Bitcoin (BTC), Ethereum (ETH), etc.
Related: You Can Now Trade Chainlink (LINK) on the Robinhood Platform
Interestingly, Netcoins started as a virtual Bitcoin ATM solution provider in 2014 but later evolved into a cryptocurrency trading platform. Today, users can trade over 35 cryptocurrencies via Netcoins’ Web and Mobile applications.
The trading platform, Netcoins, is owned by the publicly traded BIGG Digital Assets. Being public, it is said to offer an extra layer of safety and transparency to users. Therefore, Netcoins leverages blockchain analytic and forensic tools BitRank and QLUE to guarantee users’ safety of assets.
According to Netcoins, the online brokerage is a registered Money Service Business (MSB) with FINTRAC. In addition, it is fully regulated and registered with the Canadian Securities Administrators (CSA) and BCSC.
In the words of Netcoins’ CEO, Mark Binns, the platform is excited to launch two more of the top 10 coins globally by market cap, ADA and SOL, along with DOT.
These coins recently became available to Netcoins for listing under a regulated environment. We believe strongly that moving in lock step with regulation, and our customer’s safety and best interests, is the path to long-term growth and success. We welcome the traders and HODLers of ADA, SOL, DOT, and GALA to Netcoins,” he added.
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