Netcoins announces daily revenue grew 54% month over month in February 2021

Netcoins announces daily revenue grew 54% month over month in February 2021
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VANCOUVER – BIGG Digital Assets Inc. (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, reported that February 2021 daily revenues grew by an impressive 54% Month over Month, and trading volumes set another consecutive monthly record.

Further, Netcoins provided the following key metrics from February:

  • Monthly revenues hit a new record high of ~$1.25 million
  • Monthly Active Users has grown by 41% MoM
  • Assets Under Custody (AUC) has grown 69% MoM
  • Daily verified users (full KYC) grew by 49% MoM
  • Trading margins continue to track above 1%

Netcoins president, Mitchell Demeter, remarks “Despite February being a shorter month, Netcoins has continued to grow at an exceptionally fast pace. We are encouraged by all major metrics, particularly new customer onboarding – which increased by nearly 50% daily – which is the engine for future revenue and trading volume growth. As we head into March, we will continue to expand our marketing programs. I look forward to updating shareholders on our progress again soon.”

BIGG Digital Assets Inc. believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins and Blockchain Intelligence Group.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Their commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

We seek Safe Harbor.

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