Netcoins is a cryptocurrency exchange platform that supports the buying and selling of cryptocurrencies. The exchange is designed to make it easy for newcomers to trade in a trusted environment. Users can deposit supported cryptos, or use fiat currencies. In terms of fiat, Netcoins supports Canadian Dollar and U.S dollar deposits via E-transfer, Wire Transfer, or online Bill Payment.
It is regulated under FINTAC, giving added security.
Users need to make a deposit before starting trading, which they do using either the “Fund” option (with crypto) or “Fund With Dollars” option.
There is no deposit fee, but there is a minimum deposit of $10. A verification process must be completed before the initial deposit.
Netcoins supports the most popular cryptocurrencies by market cap.
These include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple’s XRP, and Tether.
The Netcoins platform provides investors and traders with line charts for each supported cryptocurrency. Time periods include 24 hours, 3-days, and 1-month charts.
Netcoins provides users with all the necessary tools in order to track historical transactions and open trades.
Users may view “Balances”, “Open Orders”, “Recent Transactions”, and “All Transactions” via the “Dashboard” page.
Netcoins provides users with a transparent fee structure, with no hidden fees. Netcoins charges a flat 0.5% fee for each trade
For Deposits and withdrawals of Netcoins supported cryptos, there are no fees in order to fund Netcoins supported crypto wallets. Additionally, there are no minimum deposits in order to deposit supported cryptos.
While there are no crypto deposit fees, there are crypto withdrawal fees.
Netcoins was founded in 2014, and is considered a veteran in the scene. It has since branched out to Europe and the US, showing global ambitions.
The platform is simple to use and Netcoins ensures a fast and painless registration process, catering for both novice and experienced investors and traders.
With a high emphasis on security, competitive fees, and the ability to deposit and withdraw fiat and crypto, Netcoins has a strong position in the cryptocurrency space.
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