VANCOUVER, British Columbia, June 02, 2021 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, is pleased to announce that May 2021 monthly revenues hit a new all time high of ~$1.95 million.1
Further, Netcoins would like to update shareholders with the following key metrics from May:
- Monthly revenues hit a new record high of ~$1.95 million, up ~22% Month over Month (MoM)
- Individual Monthly Transactions/Trades grew by 23% MoM
- Monthly Active Users grew 20% MoM
- Trading margins continue to track above 1%
1All figures are preliminary and unaudited and subject to final adjustment. Numbers above do not include revenue from subsidiary Blockchain Intelligence Group, and hence do not represent complete revenues for BIGG Digital Assets Inc.
Netcoins president, Mitchell Demeter, remarks “Netcoins is very excited to have another record breaking revenue month in the books. The revenue growth demonstrates our customer’s ongoing commitment to Netcoins as their trading platform of choice, and the platform they continuously recommend to their colleagues, friends and family. This month we welcomed a record number of new customers to trade with us, showing the true network effect of a happy customer base regularly trading the digital assets of their choice. In the month to come, we look forward to launching our mobile trading app, and continuing to serve our customers with exceptional support.”
On behalf of the Board
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) 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 (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io).
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 (BIG) 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. Our commercial product, BitRank Verified®, offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.
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