Netcoins alternative for USDT sent on Tron
Netcoins Canada lists no USDT and takes no coin on Tron. Unigox gives you a Tron or other-network address, and you sell the USDT to a buyer who pays your bank. For bitcoin, staking or USDC, stay with Netcoins.
When to stay with Netcoins
You buy altcoins or stake them
Netcoins sells bitcoin, ether, Solana, XRP and dozens of other coins for Canadian dollars, and stakes ETH, SOL and ATOM for a 30% share of the rewards. Unigox trades stablecoins only and stakes nothing.
You sell USDC and want CAD within hours
Netcoins buys USDC on Ethereum at an all-in price with no separate trading fee, and its free Interac e-Transfers are processed within 3 hours. On Unigox the rate comes from the buyer, with the Unigox fee inside, so price both on the same day.
You trade large amounts through an OTC desk
The Netcoins OTC desk gives large traders an account manager and same-day settlement. Canadian clients can also trade in US dollars there, from $25,000 USD.
Netcoins and Unigox when you are paid in USDT
| Topic | Netcoins | Unigox |
|---|---|---|
| What it is | A Canadian broker that sells coins for Canadian dollars at an all-in price, owned by Surge Digital Inc. (formerly BIGG Digital Assets) of the TSX Venture Exchange. In Canada it serves only citizens and permanent residents. | A stablecoin marketplace: P2P merchants and payment businesses pay local money for the USDT or USDC you sell. |
| USDT | Not on the Netcoins Canada coin list. Netcoins does not promise to return a coin it does not support; a recovery attempt costs 2% of the deposit or $100 CAD, whichever is more, with no set timeline. | Held as USDT in your Unigox Wallet until you choose to sell. You can move USDT or USDC between Unigox and an outside wallet before or after a trade. |
| Networks | USDC moves on Ethereum only. Tron (TRC-20) is in the not-supported column for every coin Netcoins lists, and coins sent on a wrong network are lost. | USDT comes in on Tron, TON, Solana, Ethereum and other EVM networks; the sell form gives the address for the network you choose. |
| Money to your bank | Sell for CAD first. Interac e-Transfers start at $10, go only to the email on your Netcoins account, are processed within 3 hours and are capped at 5 transfers and $30,000 a day for most accounts. Wires take 1 to 3 business days. | The P2P merchant or payment business that buys your USDT pays the bank account you name. During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. |
| Fees | The spread sits in the all-in price, with no trading fee on top. e-Transfers in and out are free. A CAD wire out is free over $25,000 and costs $50 at or under it. Crypto withdrawals carry a flat fee. | The Unigox fee is inside the rate a buyer offers for your amount, shown before you accept, so set it side by side with the Netcoins price. |
| Regulation | Registered with the British Columbia Securities Commission and the securities regulators of every other province and territory, and with FINTRAC as a money services business. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxSwitch your USDT sales from Netcoins to Unigox
Sign up and pass the ID check
Open a Unigox account and verify your identity. Unigox asks for it before the first sale, however small.
Share a Unigox address, not a Netcoins one
Choose Tron or another network in the sell form and give that Unigox address to whoever pays you in USDT. Netcoins does not credit USDT and gives no Tron address.
Accept a rate and confirm the payment
Name the bank account to be paid and accept the rate for your amount. The buyer pays that account directly, with no balance to withdraw afterwards as after a Netcoins sale, and your USDT waits in escrow until you confirm the money came in.
Netcoins and USDT: questions
Is there a Netcoins alternative for selling USDT?
Yes. On Unigox you receive USDT on Tron, TON, Solana or an EVM network and sell it to a buyer who pays your bank. Netcoins Canada does not list USDT and accepts no coin over Tron. For bitcoin, staking or a quick USDC sale, Netcoins still fits better.
What are the Netcoins fees to sell crypto and withdraw?
No separate trading fee: Netcoins puts its spread in the all-in price it shows. Interac e-Transfer deposits and withdrawals are free. A CAD wire withdrawal costs $50 up to $25,000 and nothing over that amount. Crypto withdrawals carry a flat fee, shown on the preview screen.
Is Netcoins regulated, and who can open an account?
Netcoins is registered with the British Columbia Securities Commission, the securities regulators of the other provinces and territories, and FINTRAC. Its Canadian platform serves citizens and permanent residents of Canada only. Surge Digital Inc., formerly BIGG Digital Assets and listed on the TSX Venture Exchange, owns it.
Can Netcoins recover USDT sent to my Netcoins address?
Netcoins does not promise it. You can ask support to try: the fee is 2% of the deposit or $100 CAD, whichever is more, you may have to add coins for network fees, and there is no set timeline. Coins sent on a network Netcoins does not support, Tron among them, it calls irretrievable.
Price your Tron USDT before you sell it
The sell form shows the rate a buyer offers for your amount, with the Unigox fee already in it, before you commit to the sale.
Netcoins and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.