In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews

Netcoins review

  • Tim Falk's headshot
Netcoins
Fiat currencies
1
Supported assets
63
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Our verdict

Netcoins is a user-friendly, low-fee platform where Canadians can buy crypto, but you’ll need to look elsewhere if you want advanced trading features.

Netcoins is a popular Canadian exchange where you can buy and sell over 60 cryptocurrencies. The platform is easily accessible for beginners, lets you buy crypto with CAD, and offers a low and transparent fee structure.


Experienced traders might be disappointed by its lack of pro-level features and need to look elsewhere for advanced trading tools. But if you’re a crypto newcomer looking for a quick and easy way to invest in a variety of coins and tokens, Netcoins is well worth a closer look.


Best for: Beginners looking for an easy and low-fee way to trade crypto.

Pros

  • Beginner-friendly platform
  • Competitive and transparent fees
  • Buy crypto with CAD in minutes
  • Free cash deposits and withdrawals available
  • Established and regulated Canadian exchange

Cons

  • Other platforms support more cryptos
  • Limited staking opportunities
  • Lacks advanced features

In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews

Details

Product details

Product Name Netcoins
Fiat Currencies CAD
Cryptocurrencies BTC, ETH, ADA, SOL, BCH, DOT and 50+ more
Deposit Methods Cryptocurrency
Interac e-Transfer
Bank Wire
Trading Fee 0.5%
Deposit Fees Interac e-Transfer: Free
Bank wire (over $3,000): Free
Crypto: Free
Withdrawal Fees Interac e-Transfer: Free
Crypto: Varies
Bank wire: $50 (free over $25,000)

What is Netcoins?

Netcoins is a Canadian cryptocurrency exchange where you can buy and sell more than 60 digital coins and tokens. Founded in 2014 and headquartered in Vancouver, Netcoins lets you trade crypto via user-friendly online and mobile platforms.

Netcoins features

Netcoins offers the following features to Canadian users:

  • Trade over 60 cryptos. You can trade more than 60 cryptocurrencies with Netcoins, including Bitcoin (BTC), Ethereum (ETH), XRP (XRP) and USDC (USDC).
  • Instant buy/sell. With support for Interac e-Transfers and a streamlined user interface, Netcoins allows you to buy crypto with a few taps.
  • Order types. You can choose from a market order to buy crypto at the current price, or set the price you want to get with a limit order.
  • Real-time market data. Access live price charts to check the latest market trends and trade on up-to-date data.
  • Advanced charting tools. Netcoins offers advanced charting tools from TradingView that include access to over 100 technical indicators and a range of drawing tools.
  • Staking. Netcoins supports staking of three cryptocurrencies: ETH, Solana (SOL) and Cosmos (ATOM).
  • API.
  • OTC trading. High-volume traders can access Netcoins’ OTC desk, which supports US$25,000 minimum trades, same-day settlement and dedicated support.
  • Crypto lending. Netcoins partners with APX Lending to allow you to access cash or USDC by borrowing against your BTC or ETH.

What cryptos can I trade on Netcoins?

Netcoins supports over 60 cryptocurrencies, including some of the best cryptos to buy right now. Check out the list of supported coins and tokens below:

Popular crypto assets on Netcoins

  • BTC
  • ETH
  • ADA
  • SOL
  • BCH
  • DOT
  • 50+ more

Popular assets Netcoins does NOT support

  • USDT
  • BNB
  • TRX

Netcoins fees

Netcoins charges a flat 0.5% trading fee on buy and sell transactions. This is a simple fee structure and quite competitive. You can also fund and withdraw from your account using e-Transfer with no fees, but fees may apply if you opt for a wire transfer.

If you deposit $3,000 or less with a wire transfer, a $30 fee applies. Wire transfer deposits above this threshold are free.

For wire transfer withdrawals, transactions of $25,000 or less incur a $50 processing fee. Larger withdrawals are free.

Fees also apply to crypto withdrawals, but the amount varies depending on the coin or token.

Netcoins payment methods

Netcoins accepts the following payment methods:

  • Interac e-Transfers ($10 minimum)
  • Wire transfers ($500 minimum)
  • Crypto deposits

The platform also partners with Simplex to allow users to purchase crypto with a credit card. However, you will be redirected to Simplex to complete your purchase.

How do I withdraw money from Netcoins?

You can withdraw money from Netcoins by logging into your account and navigating to the “Transfer” tab. You can then choose from three options:

  • e-Transfer
  • Wire transfer
  • Crypto transfer

e-Transfers are free and instant, but wire transfers under $25,000 and crypto transfers incur fees.

Pros and cons of Netcoins

Pros

  • Easy to use. Netcoins offers streamlined mobile and online user interfaces, making crypto easily accessible for beginners.
  • Low fees. Netcoins’ flat trading fee of 0.5% is very competitive, while we also appreciate its transparent fee structure.
  • Fast CAD crypto purchases. With a fast onboarding process and support for e-Transfers, you can sign up and buy crypto in a matter of minutes.
  • Free deposits and withdrawals. You can deposit and withdraw cash from your Netcoins account without paying any fees.
  • Established Canadian platform. Netcoins is a BC-based platform that was founded in 2014 and is properly regulated in Canada.

Cons

  • Limited cryptos. Netcoins provides access to fewer than 70 cryptos. If you want access to an extensive range of altcoins, you’ll need to consider other platforms.
  • Limited staking opportunities. You can only stake 3 cryptocurrencies on Netcoins.
  • No advanced features. If you want professional features like advanced charting tools and order types, you’ll need to check out other exchanges.

Is Netcoins legal in Canada?

Yes, Netcoins is legal in Canada.

The platform is registered with the British Columbia Securities Commission (BCSC) and the securities regulatory authorities in all Canadian provinces and territories. To confirm this fact, check the Canadian Securities Administrators’ list of crypto platforms authorized to do business with Canadians.

Netcoins is also registered with FINTRAC as a Money Service Business.

Is Netcoins safe to use?

Yes, Netcoins is generally seen as a safe, legit and regulated crypto platform.

Netcoins uses Fireblocks for hot wallet storage, but the majority of client assets are held using BitGo’s cold storage. BitGo keeps private keys offline in air-gapped systems or hardware devices to protect funds from online threats.

You can also set up two-factor authentication to provide an extra layer of security to your account. In fact, two-factor authentication is mandatory when you want to withdraw funds from your account, and Netcoins also uses multi-signature wallets.

What do Netcoins reviews have to say?

Netcoins reviews are generally fairly positive, with users praising the platform for its ease of use, fast sign-up and verification process, and its high level of security. However, people who left negative reviews complained about factors such as blocked withdrawals and poor customer service.

The Netcoins mobile app has also received largely positive reviews, averaging better than 4/5 stars across the App Store and Google Play.

SiteDetails
Trustpilot3.7/5 based on 553 reviews
Apple App Store4.4/5 based on 572 reviews
Google Play4.1/5 based on 490 reviews
* Reviews as of 17 June 2026

How to buy crypto with Netcoins

If you want to place a buy order with Netcoins, here’s what you need to do.

Step 1: Create an account

It’s easy to sign up with Netcoins online or via the mobile app. You’ll need to provide your personal information and contact details as well as upload proof of ID and a selfie.

Step 2: Make a deposit

Log into your Netcoins account to deposit funds. You can do this by clicking the “Transfer” tab if online or by navigating to the “Transfer” tab in the mobile app.

Step 3: Buy crypto

Once you have funded your account, navigate to the “Trade” tab. You can then select the crypto you want to purchase, click or tap on “Buy” and enter the quantity you want to buy. Make sure to review all details of the transaction before confirming your purchase.

Alternatives to Netcoins

Still not sure whether Netcoins is the right exchange for you? Check out these reputable alternatives.

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Credit card, Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer, Apple Pay, Google Pay
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Finder Score for crypto exchanges

To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.

Read the full methodology

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Bottom line

Netcoins is a very solid option if you want to buy or sell crypto in Canada. It’s a secure and regulated platform, easy to use and offers low fees. It may lack the advanced features and support for a broad range of cryptocurrencies that some other platforms offer, but it’s a good fit for beginners looking to get started with crypto.

Frequently asked questions

Sources

Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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