Netcoins is a Canadian cryptocurrency exchange that allows you to buy and sell Bitcoin, Ether, Litecoin, Ripple, Bitcoin Cash, and Tether.
This exchange was founded in 2014 and is owned by a publicly-traded company, BIGG Digital Assets.
When you sign up for an account using our Netcoins Referral link (the promo code is applied automatically with the link), you get a $25
to $60 cash bonus.
What is Netcoins? How does its referral program work? Is Netcoins legit? We answer these questions below.
How Does Netcoins Work?
After opening an account and completing the verification process, you can fund it using Interac e-Transfer, bank wire, or online bill payment. Cryptocurrency deposits are also accepted.
Netcoins can be used to trade:
- Bitcoin (BTC)
- Ether (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- USD Coin (USDC)
- Algorand (ALGO)
- Stellar Lumens (XLM), and many other coins
You can easily move your crypto assets from Netcoins to the safety of a cryptocurrency cold wallet as needed.
Learn more about this platform in my Netcoins review.
Netcoins Referral Code ($25 Bonus)
New customers who sign up for Netcoins using a valid referral link get a $25 bonus after they trade at least $100 worth of crypto ($60 offer is no longer available).
To be eligible to trade and earn the bonus, you must also:
- Be a resident of Canada
- Have verified your account
The $100 worth of crypto can be purchased in one or several transactions.
Netcoins Referral Program ($25 Bonus)
As a Netcoins user, you can earn cash bonuses by referring others.
Simply copy your referral link or code and email it to friends or share it via social media.
When a new user signs up through your link and trades $100 worth of crypto, they get a $25 bonus, and you also receive $25.
You can invite as many people as you’d like.
Related: Best Cryptocurrency Promotions.
The trading fees and commissions on Netcoins are straightforward.
You pay a 0.50% fee per trade transaction, and there are no fees to fund with CAD fiat or to withdraw cash.
When withdrawing cryptocurrency, these fees apply:
- Bitcoin: 0.0005 BTC
- Ether: 0.005 ETH
- Litecoin: 0.02 LTC
- Bitcoin Cash: 0.001 BCH
- Stellar: 1 XLM
- Algorand: 1 ALGO
- USD Coin: 40 USDC
Is Netcoins Legit?
Netcoins is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Service Business.
As per its website, it uses BitRank & QLUE as additional safeguards for the platform. It also encourages the use of 2-Factor Authentication.
Its parent company, BIGG Digital Assets, trades on the CSE under the ticker “BIGG”.
Netcoins Alternatives ($50 Offer)
Canadians can also trade cryptocurrencies and earn sign-up bonuses with these crypto exchanges:
Coinsmart: Best crypto exchange in Canada. Supports several popular coins, and it also offers a $50 cash bonus when you join and deposit $200 or more.
CoinSmart Crypto Exchange
Top crypto exchange in Canada
Great for new & advanced traders
0.20% trading fee
Get a $50 bonus when you deposit $200