Several central banks are currently developing their digital currencies based on blockchain technology. By developing their own digital currencies, central banks aim to move society towards more controllable currencies. Digital currencies based on blockchain technology offer central banks numerous advantages over traditional currencies. This text aims to tell about central banks’ digital currencies and how they differ from traditional cryptocurrencies. Finally, it is also described at what stage the development of central banks digital currencies is today.
24.02.2021Numerous people around the world are interested in the price of bitcoin on a daily basis. Bitcoin is a highly volatile investment, and the price of bitcoin can fluctuate very much, even in the short term. Buying Bitcoin in an investment sense has grown tremendously in recent years. This article aims to tell the reader about bitcoin and its price movements and discuss bitcoin’s possible price in the future.
10.02.2021We have opened instant bank deposits for our customers who use a Finnish bank account.
04.02.2021Bitcoin is the oldest and most famous cryptocurrency in the world. The history of Bitcoin is very colorful and involves several exciting events. History helps to understand the present, and knowing Bitcoin’s history is recommended for anyone interested in Bitcoin and other cryptocurrencies. The goal of this text is to introduce Bitcoin and its history.
27.01.2021One of the biggest criticisms of bitcoin is the high electricity consumption of bitcoin. Electricity is needed for bitcoin miners, and mining currently consumes more electricity than many countries in the world. This text aims to discuss bitcoin's electricity consumption and consider whether the concern raised in recent years about bitcoin's increasing electricity consumption is justified
13.01.2021Cryptocurrencies contain numerous terms that may seem a little foreign at first. Mastering the terminology of cryptocurrencies helps to understand the cryptocurrency world. This article aims to make the reader familiar with the terminology of cryptocurrencies.
06.01.2021The year for cryptocurrencies was very bullish and eventful. The year 2020 remembered above all for the sharp collapse of the market caused by the coronavirus and the subsequent sharp rise in prices, the third halving of Bitcoin’s history, the rise of DeFi services, the entry of institutions and large investors, and most recently Bitcoin’s new ATH. This article aims to present the most significant events of this year in cryptocurrencies.
30.12.2020We opened registration for nine new countries.
17.12.2020There are currently 1,7 billion people in the world without their own bank account. Often, these people are in the most vulnerable position, with no access to traditional banking services. Most people living without a bank account are from Africa, Asia, and South America. However, the proportion of people living without a bank account is also relatively high in many Western countries. The lack of a bank account prevents several things that many of us take for granted today. Without a bank account, it is not possible to transfer money electronically to others, store assets in digital form, earn interest on deposits, or get a loan. This text aims to explain how the lack of a bank account affects people and how Bitcoin enables banking services for everyone.
16.12.2020Inflation is definitely something whose basics are important for everyone to understand. With the coronavirus crisis, central banks have begun putting new money into the market at an unprecedented pace. Inflation is, therefore, a very topical issue at the moment. This text aims to explain what inflation means and what are the consequences of inflation. Also, the text talks about bitcoin and how bitcoin is more resistant to inflation than traditional currencies.
02.12.2020Where are cryptocurrencies stored? Storing cryptocurrencies raises many questions for many people. Today it is possible to store cryptocurrencies in many different ways. If you are considering storing your cryptocurrencies, you should definitely think about which storage solution suits best your needs. At its simplest, it is possible to store cryptocurrencies in the same place where they were purchased. Cryptocurrencies can also be kept in your own cryptocurrency wallet. In this case, they are entirely under your control. This text introduces the most common ways of storing cryptocurrencies.
25.11.2020Cryptocurrency forks are updates of cryptocurrency program codes. Forks make it possible to change features of cryptocurrencies, fix bugs, or even create entirely new cryptocurrencies. Cryptocurrency forks do not require any action from regular cryptocurrency investors. Firstly, this article will provide basic information about both cryptocurrencies and blockchain technology. After that, we will talk about a hard fork and soft fork, and finally introduce the most famous forks.
18.11.2020People have been striving for gold for thousands of years. Gold has served as a basis for both kingdoms and currencies. It is not very long since the US dollar was pegged to gold, and the currencies of all other countries were pegged to the value of the dollar. Today, one of the main reasons to invest in gold is to secure your wealth in times of uncertainty. The first block of Bitcoin was created on January 3rd, 2009. This is also widely accepted as the birthday of Bitcoin. Bitcoin is the oldest and best-known decentralized virtual currency in the world. Bitcoin has grown in popularity over the years, and today many experts call it the digital gold. The purpose of this text is to compare gold and Bitcoin as an investment.
11.11.2020More and more people are interested in investing in cryptocurrencies. In cryptocurrencies, investors are particularly attracted by the revolutionary technology and the opportunity to invest in a completely new investment type. While all investors make mistakes, some mistakes are easier to avoid than others. This text aims to list the most common investor mistakes and explain how these mistakes can be avoided.
04.11.2020Bitcoin is the most popular and best-known decentralized virtual currency in the world. More and more people are interested in learning more about how bitcoin works. The Bitcoin halving is one of the key features of Bitcoin. Understanding the Bitcoin halving always requires an understanding of the basic principles of Bitcoin. After reading this text, you will understand the basics of Bitcoin and what Bitcoin halving actually means.
21.10.2020Are you interested in buying Bitcoin? Bitcoin is the most famous cryptocurrency in the world and people’s interest in Bitcoin has been growing steadily. Buying bitcoin is extremely easy and Bitcoin’s uses and popularity as an investment have grown exponentially in the recent years. After reading this text, you will understand the basics of Bitcoin and how bitcoins can be purchased.
08.10.2020We again expanded our supported countries to serve customers throughout the euro area.
08.04.2020As a result of this change, our web page has also been translated into two new languages.
02.03.2020You can start trading Ethereum immediately.
18.12.2019One of the most desired features has finally been implemented.
14.11.2019The registration application was accepted among the first companies today
31.10.2019Our client fund account was transferred to German WEG Bank making deposits free of charge.
21.10.2019The long-awaited Referral program has been introduced.
08.08.2019Northcrypto's service to register under financial supervision authority, new cryptocurrency coming.
17.07.2019Our mobile app for Android was released in Play Store on June 1st.
05.06.2019The first competition has finished and it's time to announce the winners.
02.05.2019Our exchange was launched about a month ago and the popularity has exceeded our expectations.
04.04.2019We are upgrading our service and our website will not be available for about an hour.
27.03.2019The investing platform to blockchain technology has been published.
07.03.2019