Tue, March 19, 2024

Netcoins App Enables Direct Fiat Purchase of Altcoins

bitcoin concept netcoin allows to buy crypto directly

A new crypto-buying portal, Netcoins, is allowing users to buy more than 20 cryptocurrencies and altcoins using fiat directly.

Netcoins, which is the Canadian company that created the app, says the recently launched service is operational 24/7 online. This helps to delivery real-time transaction without delays.

The Netcoins team says its offering stands out from rivals because it simplifies transactions for crypto enthusiasts, and gets rid the need to change fiat currencies into Bitcoin or Ethereum before going on to buy the altcoins.

The new Netcoins platform also offers an automated Know Your Customer (KYC) product, giving users the opportunity to complete the registration quickly for approved trading. According to the company, the applications can be verified in as short as 24 hours.

Illustrating why its app will prove to be a boon for time pressed crypto customers, Netcoins has shown how users have the opportunity to skip steps and acquire the altcoins they  want much easier and faster than what many other popular exchanges offer.

Customers who want to buy Pareto on the platform can do so the moment that they have funded their account with their fiat currency. Netcoins argues that this compares in contrast to other exchanges, which often have slower turnaround times, a limited selection of coins, no capability of storing fiat, or a requirement that restricts the purchases with the use of bitcoin or Ethereum only. Previously, users have to go through a lengthy procedure before being able to do so.

bitcoin concept netcoins

Netcoins is attempting to “move away from the status quo,” in which crypto customers depend on exchanges that pair bitcoin or Ethereum with altcoins or tokens they want to purchase.  By getting rid of this step, Netcoins believes that the process of buying less common cryptocurrencies will be much easier, aiding in quicker adoption and higher demand.

Netcoins new app sees the Canada-based company improve its offering even further. The platform has already amassed a global retail network of more than 170,000 locations in 53 countries.

YOU MAY ALSO LIKE

Cocoa

Quick Look Cocoa prices surged to a record high of $8,100 per

Tractable raises $60M to grow in accident - da vici recovery

Quick Look Da Vinci 5 receives FDA 510(k) clearance less than two

cryptocurrency - avalanche and others

At a Glance: Avalanche (AVAX) witnesses a significant price recovery, soaring to

COMMENTS

Comments are closed.

BROKER NEWS

Admirals Launches New Analytical Tools for MT4 & MT5

Admirals recently introduced the Admirals Analytical Research Terminal, a new analytical platform designed for MT4 and MT5 traders, in collaboration with Acuity, a leader in AI-driven financial technologies. This addition uses the latest

BROKER NEWS

Broker News

Admirals Launches New Analytical Tools for MT4 & MT5

Admirals recently introduced the Admirals Analytical Research Terminal, a new analytical platform designed for MT4 and MT5 traders, in collaboration with Acuity, a leader in AI-driven financial technologies. This addition uses the latest AI