Sunday, January 17, 2021


 By Eva Fydrych

How to get started

Photo courtesy of Netcoins

As the world around us has been rapidly changing, the same applies to the methods of payments and the currency we use. If you are new to cryptocurrency and would like get some basic information and the best apps you can use to mange it, this article is just for you!

What is cryptocurrency?

Unlike traditional money, bitcoin and other cryptocurrencies aren't controlled by banks or governments. In most basic words cryptocurrency is digital money. A relatively new addition (2008) to the money system, cryptocurrencies are considered the next step in the evolution of money.

"The underlying technical system upon which decentralised cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto. As of May 2018, over 1,800 cryptocurrency specifications existed." - Source: Wikipedia

First cryptocurrency ever invented, bitcoin, is still the most popular choice for people investing for the first time. Bitcoin has the biggest market share and is limited in supply (there will only exist 21 million bitcoin - this helps retain its value in the long-term).

As many people believe that bitcoin is the future of money, they use it as a way to securely store their savings and as an investment that can make them money.

Photo courtesy of Netcoins

How can you use it?

More and more companies around the world are accepting cryptocurrencies these days. Below you can find a couple of articles that share more information on this subject:

Welcome to Netcoins

Netcoins is a digital platform (cryptocurrency exchange) based in Vancouver, Canada. It enables you to buy and sell cryptocurrency in an easy and effortless way. Netcoins is a safe and secure way to trade a variety of cryptocurrencies such as: Bitcoin, Ethereum, XRP, and Litecoin. You can set up your Base Currency in US or Canadian dollars.

Before you are able to trade with Netcoins, there is a strict identity check and to make sure your account is secure, you are asked to enable 2FA (Two Factor Authentication) using Google Authenticator App or the two factor authentication app of your choice.

Once all of this is ready, you can start buying and selling using a user-friendly dashboard which look like this: 

Netcoins dashboard screenshot (Click to enlarge)

As one of Canada’s most experienced crypto companies, Netcoins enables you to start trading as little as $10 (or up to $10 million with no slippage due to their deep liquidity). To start the process you can fund your account with:

  • a cryptocurrency deposit
  • Interac e-Transfer
  • online bill payment
  • bank wire transfer

The biggest advantages of Netcoins are: 0% funding fees, 24/7 instant trades, and free cash withdrawals.

You can easily send cryptocurrency to a personal wallet or withdraw dollars (CAD or USD) to your bank account via e-Transfer (processed within 3 hours of submission during business hours: Monday to Friday, 8:00 AM - 5:00 PM PST). How simple and convenient!

Netcoins dashboard screenshot (Click to enlarge)

Getting started - A Quick Guide

Netcoins offers some useful tips on how to buy Bitcoin in Canada and shares the basics of trading cryptocurrencies. You can find them here

The most important and basic rule that you should always stick to is: always do your research and only invest what you are comfortable with. You don’t need a lot of money to get started with crypto.

Photo courtesy of Netcoins


"Founded in 2014, Netcoins started out by providing a Virtual Bitcoin ATM solution to over 170,000+ stores across 3 continents, and also operated a private brokerage service for institutional and larger scale crypto investors.

Fast forward a few years – as the industry and crypto evolved, we’ve since pivoted to a cryptocurrency trading platform, with both an OTC trading desk and trading platform. Our leadership team has been strengthened by diverse experience – including that of our president, Mitchell Demeter, who founded the world’s first Bitcoin ATM." - Source: Netcoins

You can read full Netcoins review here.

Business card vector created by -

It’s easy to buy and sell crypto with Netcoins - sign up now with my link and we’ll both get $10 once you trade $100 worth of cryptocurrency:


No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...