Although the number of people who want to use Bitcoin or Ethereum for daily purchases is growing, many newbies still have a hard time figuring out how to buy and sell cryptocurrency. Some users find it difficult to use exchangers. Also, in order to buy some altcoins, users have to perform several operations.
Netcoins Inc is one of the companies that offers a solution for those who prefer to buy Bitcoins and altcoins from trusted sources. The development team is developing a platform where the user can instantly buy cryptocurrency using cash, debit or credit card. According to company representatives, their platform will bring closer the acceptance and popularization of cryptocurrencies, since at the moment 95% of the population is still unaware of the existence of the crypto market.
Canadian company Netcoins, which has been operating in the cryptocurrency market for four years, has a retail network of 170,000 points where users can buy digital assets for fiat in 53 countries.
According to the developers, these 170,000 stores work so that the average person can buy cryptocurrency near their home, eliminating the need to register with an exchanger.
Most of them are stores sell vouchers that can then be used on the Netcoin website to exchange for cryptocurrency. In some of the stores, employees use Netcoin's proprietary software, which allows retailers to trade a variety of altcoins. “We turn any device, like a laptop or tablet, into a cryptocurrency ATM to make it more convenient for users to purchase digital assets.”
Any establishment with a cash register can use Netcoin software. It could be anything - a supermarket, an electronics store, or a beauty salon. The only requirement for the buyer is his email address, as well as payment of a small commission, which the seller shares with Netcoin.
“Users do not need to understand anything about how cryptocurrency works,” said Mark Binns, CEO of Netcoins. "They don't even need to create a blockchain wallet, the software does everything for them. The application can run in a browser on any device connected to the Internet."
According to cointelegraph.com
You May Also Like
Goldman Sachs postpones plans to open a bitcoin trading platform
Even Goldman Sachs, the Wall Street giant that trades the market's most complex assets, can't find a way to sell bitcoin because regulatory issues are still pending.
Ether futures are not beneficial for Ethereum, but are beneficial for Bitcoin
The Chicago exchange Cboe is going to launch Ether futures, but experts believe that this could have negative consequences for the coin itself.
