Our Blog
Netcoins Proof of Reserves Q3 2023
Netcoins understands the importance of transparency in our platform, and has put together a Proof of Reserves for its Canadian operation.
Tipping on Twitter with Bitcoin is Easy: How it Works
With the rise of Bitcoin, Twitter has introduced a new feature that allows users to tip each other using this cryptocurrency. This innovative system aims to enhance engagement and reward content creators on the platform.
How The Latest SEC Decisions Could Pave The Way For A Bitcoin ETF
The recent decisions made by the SEC have the potential to open doors for a Bitcoin ETF and bring significant changes to the market. This development could have a profound impact on the cryptocurrency industry.
The History Of The Silk Road And Bitcoin Law Enforcement
The Silk Road, created by Ross Ulbricht, played a significant role in the history of online drug trade and dark web marketplaces. It changed the way illegal goods were bought and sold, utilizing the anonymity provided by the Tor network.
What Is Going On With The Ripple IPO For XRP?
Ripple recently announced a grand celebration in August 2023 following its win in the lawsuit, reigniting talk about the possibility of an IPO
Netcoins Never Delisted XRP – The Only Canadian Crypto Platform To Do So
Netcoins remains the only Canadian crypto platform that has not delisted XRP despite past delistings on other exchanges in the country. Although some other platforms have relisted, Netcoins remains unwavering.
Who is Micro Strategy and How Much Bitcoin Do They Own?
MicroStrategy’s share of the total Bitcoin supply is notable: Considering the total Bitcoin supply, MicroStrategy’s ownership represents a significant portion, highlighting its influence in the crypto market.
Security Measures For Crypto Exchanges: Why Is Safety A Top Concern
The need for security measures in cryptocurrency: With the increasing popularity and value of cryptocurrencies, the need for robust security measures is paramount to protect user investments and ensure the long-term viability of the crypto ecosystem.
Canadian Bitcoin Ownership Is Growing Rapidly
Canadian Bitcoin ownership is growing rapidly: There has been a significant increase in the number of Canadians owning Bitcoin, indicating a growing interest in cryptocurrency.
The Rise Of Bitcoin Mining: How Canada Is Carving A Niche In The Crypto World
In 2021, Canada had access to abundant, low-cost, sustainable energy, a highly skilled workforce, a cold climate, underutilized industrial infrastructure, and a relatively stable and secure political environment, which positioned it as a global leader in Bitcoin mining.
Who Created Bitcoin? Unveiling the Mystery of Satoshi Nakamoto
Uncover the mystery of who created Bitcoin. Learn how Satoshi Nakamoto’s anonymity has shaped Bitcoin’s growth, security, and unbiased global influence.
The Role Of Social Media In Shiba Inu’s Success: A Trend Analysis
Social media plays a crucial role in the success of Shiba Inu cryptocurrency: Through social media platforms, Shiba Inu has gained widespread visibility and increased adoption among cryptocurrency enthusiasts.
Shiba Inu Vs. Dogecoin: The Ultimate Battle Of Meme Coins
Shiba Inu is a spin-off of Dogecoin and aims to be the “Dogecoin Killer.” It has its own ecosystem, including the decentralized exchange ShibaSwap. Dogecoin, on the other hand, was originally launched as a joke but gained unexpected traction.
Shiba Inu’s Meteoric Rise: The Underdog Story Of The Meme Coin
Shiba Inu’s meteoric rise: Shiba Inu has emerged as a prominent meme coin in the cryptocurrency market, showcasing its potential to defy expectations and gain widespread attention as a digital asset.
Is USDT Transparent? Tether’s Latest Assurance Report Shows Reserves Surplus
Tether has taken steps to increase transparency in its operations. The latest Q1 2023 Assurance Report from Tether Holdings Limited, completed by BDO Italia, confirms the accuracy of Tether’s Consolidated Reserves Report (CRR).
Comparing Stablecoins: Usdt, Usdc, Dai, And More
The top stablecoins for investing and trading include USDT, USDC, BUSD, DAI, GUSD, PAX, and TUSD. These stablecoins offer stability and are widely used in the cryptocurrency industry. Stablecoins use different stability mechanisms to maintain their value.
How Does USDT Maintain Its Peg To The Dollar?
USDT maintains its peg to the U.S. dollar by ensuring that it holds enough actual currency in reserves to back each token. This means that for every USDT token in circulation, there should be an equivalent amount of U.S. dollars held in reserve.
Is USDT Taxable? Tax and Stablecoins
Generally, stablecoin trades do not result in significant capital gains or losses. The price fluctuations of stablecoins are typically minimal and may not contribute significantly to overall tax liability.
How To Sell USDT And Covert It To USD
individuals can sell USDT on Netcoins, a beginner-friendly platform. Users need to add a payment method, sell their USDT on Netcoins, and explore withdrawal options for converting the proceeds into USD.
Is USDT Banned In Canada? Why Is Coinbase Delisting Tether?
The regulatory landscape for cryptocurrencies in the country is still evolving, and there have been some actions taken against USDT. Rather, USDT is not allowed as part of the restricted dealers license, a regulatory license for Canadian centralized exchanges.
What is USDT (Tether) and how does it work?
USDT (Tether) is a stablecoin that actively works to maintain a stable valuation through market mechanisms. It is a fiat-collateralized stablecoin, backed by fiat currencies such as USD, CAD, AUD, or JPY.
How To Buy Cryptocurrency In Mississippi
You can buy crypto in Mississippi through various crypto exchanges. One option is Netcoins cryptocurrency exchange, which offers cryptocurrency trading services. However, ensure you choose an exchange that meets your specific needs.
Is Fednow Going To Use Xrp? Analyst Predictions
FedNow is the Federal Reserve’s instant payment system in the United States. Its purpose is to provide a fast, safe, and efficient platform for instant payments, allowing individuals and businesses to transfer money seamlessly.
The Impact Of Spot ETFs On Crypto
A spot ETF is an exchange-traded fund that tracks the actual price of a particular asset, such as bitcoin, in real-time. It allows investors to gain direct exposure to the fluctuations in the value of the asset without needing to own it directly.