$DOGE and $SHIB Land on Popular Publicly-Owned Canadian Crypto Exchange

Netcoins, which is one of Canada’s oldest and most popular crypto trading platforms, has launched support for two meme-based cryptoassets with highly passionate communities.

Netcoins, which was founded in 2014, “started out by providing a Virtual Bitcoin ATM solution to over 170,000+ stores across 3 continents, and also operated a private brokerage service for institutional and larger scale crypto investors.” Users users can access their crypto trading platform via the web at Netcoins.app or via their mobile app on Google Play, or the Apple App store.

Netcoins is owned by Canadian company BIGG Digital Assets Inc. (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W).

According to BIGG’s press release, today the company launched five cryptoassets on its trading platform: $SHIB, $DOGE, $MATIC, $FTM, and $MANA. 

The press release went on to say that “Netcoins received approval for an update to its restricted dealer license, which was requested in late 2021, enabling a broader offering of coins on the platform” and that these coins “represent the first rollout of our upcoming coin additions, with multiple rollouts expected to follow.”

Mark Binns, Netcoins CEO, had this to say:

We are thrilled to bring new coins to the Netcoins customer base to trade, HODL and sell. The addition of more coins will make our platform a better one-stop shop and drive assets under custody and increase trading revenues. On just the second day since launch, SHIB, DOGE, MATIC, FTM, and MANA already accounted for 12% of daily revenue.

These coins are the first of a series to be launched on the platform, which will then make Netcoins more robust and competitive to enter the US market.  We look forward to providing more coin addition updates in the very near future.

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

Image Credit

Featured Image by “Kevin_Y” via Pixabay

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