Announcements


Monthly report of July 2022
Monthly report of July 2022

This monthly report reviews the most important cryptocurrency news in July and delves deeper into the tentative date of Ethereum Merge, the advances taken by Polygon, the report on USDC reserves, and Tesla's bitcoin sales.

02.08.2022
Blog: Correlation between cryptocurrencies and stock markets
Blog: Correlation between cryptocurrencies and stock markets

Bitcoin and cryptocurrencies are often considered unique asset classes that do not closely relate to stock markets. How high is the correlation between cryptocurrencies and stock markets, and can cryptocurrencies offer diversification benefits to more traditional investment portfolios?

13.07.2022
Monthly report of June 2022
Monthly report of June 2022

This monthly report reviews the most important cryptocurrency news in June and delves deeper into the problems of Celsius and Three Arrows Capital, the acceptance of cryptocurrencies as a payment method, and events related to the Ethereum Merge.

06.07.2022
Blog: How to survive a bear market
Blog: How to survive a bear market

A bear market refers to market conditions where the value of investments declines for a prolonged period. Bear markets are mentally very taxing, which is why everyone who has invested in cryptocurrencies should have a plan ready on how to act in a bear market.

17.06.2022
Monthly report of May
Monthly report of May

This monthly report reviews the most important cryptocurrency news in May and delves deeper into the collapse of Terra's ecosystem, the progress of banks, and El Salvador's Bitcoin-related activities.

06.06.2022
Northcrypto expands its ownership base and strengthens its board
Northcrypto expands its ownership base and strengthens its board

Northcrypto, a fast-growing cryptocurrency marketplace, expanded its ownership base and strengthens its board with two new members when the company appointed Jouni Hintikka and Aleksi Uusitalo to its board — Jouni Hintikka will also serve as chairman of the board.

16.05.2022
Blog: Dot-com bubble and cryptomarkets
Blog: Dot-com bubble and cryptomarkets

Cryptomarkets have often been compared to the dot-com bubble. Is it a fair comparison, and can we learn something about cryptomarkets from the dot-com bubble?

09.05.2022
Monthly report of April
Monthly report of April

This monthly report reviews the most important cryptocurrency news in April and delves deeper into the legal status of cryptocurrencies, positive advances in Europe, and the increase of the Bitcoin Lightning Network use cases.

06.05.2022
Blog: What on earth is an NFT?
Blog: What on earth is an NFT?

The NFT (non-fungible token) is one of the hottest topics in the cryptocurrency world right now. NFT is, in practice, a digital commodity on the blockchain. The NFT can represent any unique digital object imported to the blockchain. With the blockchain's help, it is possible to prove the ownership of NFT quickly and reliably. In the future, the opportunities offered by the NFT will be staggering, as it will allow almost any commodity to be brought on the blockchain. This text aims to tell the reader about the opportunities offered by the NFT and the technology behind it.

08.04.2022
Monthly report of March
Monthly report of March

This monthly report reviews the most important cryptocurrency news in March and delves deeper into news related to cryptocurrency legislation as well as mining and purchasing Bitcoin.

06.04.2022
Blog: Bitcoin security
Blog: Bitcoin security

There are many different factors involved in Bitcoin security and it depends on the actions of the various actors in the Bitcoin network. This text addresses issues related to Bitcoin security.

01.04.2022
Blog: What is staking?
Blog: What is staking?

The maintenance of cryptocurrency blockchains is called mining. The staking of cryptocurrencies differs considerably from mining performed with conventional mining equipment. Blockchain maintenance work is performed in staking instead of mining equipment by locking cryptocurrencies to blockchain maintenance work. The purpose of this text is to inform the reader about the staking of cryptocurrencies.

22.03.2022
Blog: Secure storage of cryptocurrencies
Blog: Secure storage of cryptocurrencies

Safekeeping of cryptocurrencies is very simple at best, and the security of your own cryptocurrencies can be increased by quite simple means. This guide reviews things to keep in mind when storing cryptocurrencies.

11.03.2022
Blog: Watch out for these common cryptocurrency scams
Blog: Watch out for these common cryptocurrency scams

Finnish police estimates that Finnish people lose tens of millions of euros to different investment scams yearly. Phishing for bank details is a common scam, but as cryptocurrencies have become more popular, scammers have started also using them more to lure victims. The aim of this post is to help identify common scams that involve cryptocurrencies and give good tips on how to avoid falling victim to them.

03.03.2022
Monthly report of February
Monthly report of February

This monthly report examines the most important cryptocurrency news in February and delves into banks' cryptocurrency plans and reports, new cryptocurrency purchases, and Ukraine's decision to raise cryptocurrency donations.

02.03.2022
Blog: DeFi glossary
Blog: DeFi glossary

DeFi (Decentralized Finance) is one of the essential entities in the cryptocurrency market. In short, DeFi refers to services familiar from traditional banks imported over distributed blockchains. This text aims to open to the reader the terminology related to DeFi.

09.02.2022
Monthly report of January
Monthly report of January

This monthly report examines the most important cryptocurrency news in January and delves into cryptocurrency news related to several countries.

04.02.2022
New cryptocurrencies and two-factor authentication added to our service
New cryptocurrencies and two-factor authentication added to our service

We have added Polygon and USDC as new cryptocurrencies to our service. It is possible to start trading in new currencies immediately. In addition to the new currencies, we have also added two-factor authentication (2FA) as an optional feature to our service.

01.02.2022
Blog: Aave and interest income in cryptocurrencies
Blog: Aave and interest income in cryptocurrencies

Throughout time, people have sought to accumulate interest income on their wealth. Today, the importance of interest income is further emphasized as rising inflation erodes the value of wealth. By traditional means, such as depositing money in a bank account, it is now impossible to obtain an interest rate return that is higher than inflation. Thus, assets resting in bank accounts are constantly losing value. Fortunately, however, there is a solution, as cryptocurrencies also allow people to accumulate interest income. This text explains how it is possible to gain interest income using cryptocurrencies.

27.01.2022
Blog: Blockchains and trust
Blog: Blockchains and trust

Many have heard how, according to economics, technological development is the main driver for economic growth in the long run. Because of this it has been often assumed that the countries lagging in technology will grow faster in the future compared to the technologically advanced countries, because they can utilize the technology developed in the advanced countries. In real world this hasn’t been the case and the gap between developing countries and developed countries is still large, and in many cases even growing. So why is this? According to former World bank economist Stephen Knack, the biggest single explaining factor for this is trust. This blog post will go over how trust creates efficiency to markets and how blockchain technology can revolutionize the economies of the countries with low trust and lift people up from poverty.

14.01.2022
Monthly report of December
Monthly report of December

This monthly report examines the most important cryptocurrency news in December and delves into the entry of several banks into the cryptocurrency market.

06.01.2022
Annual report 2021
Annual report 2021

The year 2021 for cryptocurrencies will be remembered for the new all-time highs for several cryptocurrencies, but also for the price collapse in May. The most significant events of the year include China's ban on Bitcoin mining and El Salvador's decision to make Bitcoin legal tender. This article reviews the price movements and major events in cryptocurrencies in 2021.

03.01.2022
Blog: Chainlink and smart contracts
Blog: Chainlink and smart contracts

Smart contracts are one of the key innovations utilizing blockchain technology. Although the benefits of smart contracts are undeniable, their reliability may be compromised if they retrieve data from outside the blockchain using centralized operators. This paper takes a closer look at smart contracts and explains how the system developed by Chainlink has improved their reliability.

16.12.2021
Monthly report of November
Monthly report of November

This monthly report examines the most important cryptocurrency news in November and delves into getting paid in bitcoin, as well as several recently launched cryptocurrency funds.

07.12.2021
Our customer fund account has changed
Our customer fund account has changed

Our customer fund account has been moved to the Latvian BlueOrange Bank today (29th of November).

29.11.2021
Blog: Cryptocurrencies and remittances
Blog: Cryptocurrencies and remittances

El Salvador made history by being the first country in the world to make bitcoin legal tender in 7th of September 2021. Many may wonder, why a relatively poor country like El Salvador was the first to do this, rather than a country from the technological forefront like Japan? One of the main reasons are global remittances.

19.11.2021
Monthly report of October
Monthly report of October

This monthly report examines the most important cryptocurrency news in October and delves into the fact that cryptocurrencies are going mainstream.

05.11.2021
Blog: Cryptocurrencies are revolutionizing the world
Blog: Cryptocurrencies are revolutionizing the world

Cryptocurrencies will change the world more than many can imagine. Understanding the potential of cryptocurrencies and increasing their use will inevitably lead to a situation where many of the problems and challenges familiar today will be history in the future. This paper introduces how cryptocurrencies are revolutionizing the world and explain how this is possible in practice.

26.10.2021
Blog: Bitcoin and Lightning Network
Blog: Bitcoin and Lightning Network

Bitcoin's Lightning Network is a protocol built on bitcoin. The Lightning Network aims to improve the scalability of bitcoin. The Lightning Network is an entirely separate protocol from the Bitcoin blockchain to enable immediate bitcoin transfers in the future. This text introduces the basics of the Bitcoin Lightning Network and explains how the Lightning Network works.

13.10.2021
Monthly report of September
Monthly report of September

This monthly report goes through the most important cryptocurrency news in September and delves into cryptocurrency news related to different countries in particular.

05.10.2021
Blog: Good money vs bad money
Blog: Good money vs bad money

Gresham’s law is an old theory in economics stating that bad money drives out good money. This economic phenomenon has been observed many times in history around the globe, from ancient Greece to modern times. Another economic theory states completely the opposite. According to Thier’s law good money drives out the bad money. Usually Gresham’s and Thier’s laws have been attached to coins made out of precious metals, but can they also apply to digital money like Bitcoin, and which of the laws is correct?

16.09.2021
Monthly report of August
Monthly report of August

This monthly report covers the most important cryptocurrency news in August and delves deeper into the position of Bitcoin and Ethereum as payment methods.

07.09.2021
Blog: The future of Ethereum
Blog: The future of Ethereum

Ethereum is currently the second-largest cryptocurrency in the world. New and innovative applications are continually being published in the Ethereum blockchain. Ethereum’s position as the most popular platform on the market has been strong throughout its history. Even today, most of the new cryptocurrencies entering the market are built in the Ethereum blockchain. This article aims to discuss Ethereum and the factors influencing its future.

02.09.2021
Blog: Bitcoin for protection of property
Blog: Bitcoin for protection of property

Now that the inflation has rapidly risen after the Covid stimulus measures, it is good to look at in what different ways one can protect their wealth and property. In this blog I will compare different asset classes that have traditionally been used against inflation and see how Bitcoin does in this comparison. In short, inflation means the weakening of purchasing power, meaning that tomorrow you don’t get as many goods for the same amount of money as today.

12.08.2021
Monthly report of July
Monthly report of July

This monthly report covers the most significant news in the cryptocurrency world from July.

05.08.2021
Blog: Blockchain and its benefits
Blog: Blockchain and its benefits

The blockchain is one of the most talked about technological innovations in recent years, and it has very high expectations around the world. It is possible to utilize the blockchain for several various purposes. The blockchain is also closely related to cryptocurrencies. Each cryptocurrency requires a blockchain to work. Thus, without blockchains, there would also be no cryptocurrencies. This article aims to talk about blockchains and the benefits they bring.

30.07.2021
Blog: Ethereum 2.0
Blog: Ethereum 2.0

Ethereum is the largest ecosystem in the cryptocurrency market. The great popularity of the Ethereum blockchain has led to its capacity limits beginning to come in recent years. Ethereum 2.0 is the latest version of Ethereum's blockchain, which aims to solve the scalability challenges faced by Ethereum. This article takes a closer look at what Ethereum 2.0 is and how it affects the operating principle of Ethereum.

15.07.2021
Monthly report of June
Monthly report of June

This monthly report goes deeper into the most significant events in the cryptocurrency world in June.

06.07.2021
Blog: What is stablecoin?
Blog: What is stablecoin?

Stablecoin is a cryptocurrency whose main task is to keep its value as stable as possible in all situations. Almost always, this means that the value of one stablecoin should stay as close as possible to one dollar. Stablecoins offer excellent protection against the high volatility of the cryptocurrency market. This text aims to tell you about the different stablecoins and describe more about where they are needed.

17.06.2021
Blog: Benefits of monthly savings
Blog: Benefits of monthly savings

Monthly savings is an easy and effortless way to start saving for the future. Regular monthly savings offers several different benefits, such as a way to spread your investments over time. The purpose of this text is to tell the reader about the benefits of monthly savings and how monthly savings in cryptocurrencies is possible in Northcrypto’s service.

20.05.2021
Blog: Monetary policy and Bitcoin
Blog: Monetary policy and Bitcoin

Monetary policy refers to central banks’ decisions to influence the price of money and the amount of money in the economy. In practice, this means decisions on interest rates and increasing the amount of money in circulation. The absolute strength of the world’s largest cryptocurrency, bitcoin, is its unchanging monetary policy. This article aims to discuss the monetary policy practiced by central banks and explain how it differs from bitcoin’s monetary policy.

29.04.2021
Aave and Chainlink are now available
Aave and Chainlink are now available

We have added Aave and Chainlink to our service. Trading on Aave and Chainlink is possible in our service immediately.

06.04.2021
Blog: What is DeFi?
Blog: What is DeFi?

DeFi (Decentralized Finance) is currently one of the most significant topics in the cryptocurrency world, and it is expected to change the way we use banking services in the future. In practice, DeFi means that traditional financial services are brought on a decentralized blockchain, eliminating the need for third parties such as banks. The purpose of this text is to inform the reader about DeFi and the opportunities it offers.

25.03.2021
Blog: Differences between Bitcoin and Ethereum
Blog: Differences between Bitcoin and Ethereum

Bitcoin and Ethereum are currently the largest and most significant cryptocurrencies in the world. Bitcoin and Ethereum differ from each other in many different ways. Knowing these differences is very important if you want to gain a broader understanding of cryptocurrencies. This paper aims to explain the basics of Bitcoin and Ethereum and the main differences between these two giants.

11.03.2021
Opening a business account is now possible
Opening a business account is now possible

You can now sign up and trade on behalf of a company.

11.03.2021
Blog: Central bank digital currency - CBDC
Blog: Central bank digital currency - CBDC

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.

24.02.2021
Blog: Bitcoin price
Blog: Bitcoin price

Numerous 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.

10.02.2021
Northcrypto enables instant bank deposits for its customers
Northcrypto enables instant bank deposits for its customers

We have opened instant bank deposits for our customers who use a Finnish bank account.

04.02.2021
Blog: History of Bitcoin
Blog: History of Bitcoin

Bitcoin 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.

27.01.2021
Blog: Bitcoin electricity consumption
Blog: Bitcoin electricity consumption

One 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

13.01.2021
Blog: Cryptocurrency terminology
Blog: Cryptocurrency terminology

Cryptocurrencies 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.

06.01.2021
Blog: Year of cryptocurrencies 2020
Blog: Year of cryptocurrencies 2020

The 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.

30.12.2020
Registration is now possible from new countries
Registration is now possible from new countries

We opened registration for nine new countries.

17.12.2020
Blog: Bitcoin enables banking services for everyone
Blog: Bitcoin enables banking services for everyone

There 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.

16.12.2020
Blog: Inflation and the value of money
Blog: Inflation and the value of money

Inflation 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.

02.12.2020
Blog: What's the best way to store cryptocurrency?
Blog: What's the best way to store cryptocurrency?

Where 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.

25.11.2020
Blog: What are cryptocurrency forks?
Blog: What are cryptocurrency forks?

Cryptocurrency 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.

18.11.2020
Blog: Bitcoin vs Gold
Blog: Bitcoin vs Gold

People 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.

11.11.2020
Blog: Cryptocurrencies and the most common investing mistakes
Blog: Cryptocurrencies and the most common investing mistakes

More 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.

04.11.2020
Blog: Bitcoin halving
Blog: Bitcoin halving

Bitcoin 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.

21.10.2020
Blog: Investing in Bitcoin
Blog: Investing in Bitcoin

Are 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.

08.10.2020
Registration is now possible from all euro countries
Registration is now possible from all euro countries

We again expanded our supported countries to serve customers throughout the euro area.

08.04.2020
We now accept customers from other EU countries
We now accept customers from other EU countries

As a result of this change, our web page has also been translated into two new languages.

02.03.2020
Ethereum now available
Ethereum now available

You can start trading Ethereum immediately.

18.12.2019
Monthly savings are now possible at Northcrypto
Monthly savings are now possible at Northcrypto

One of the most desired features has finally been implemented.

14.11.2019
Northcrypto added to the FIN-FSA register as a virtual currency provider
Northcrypto added to the FIN-FSA register as a virtual currency provider

The registration application was accepted among the first companies today.

31.10.2019
No fees on deposits from now on
No fees on deposits from now on

Our client fund account was transferred to German WEG Bank making deposits free of charge.

21.10.2019
Referral program has been published - earn by recommending Northcrypto
Referral program has been published - earn by recommending Northcrypto

The long-awaited Referral program has been introduced.

08.08.2019
An overview of recent events
An overview of recent events

Northcrypto's service to register under financial supervision authority, new cryptocurrency coming.

17.07.2019
Android app now available for download in Play Store
Android app now available for download in Play Store

Our mobile app for Android was released in Play Store on June 1st.

05.06.2019
The April competition winners, iOS app now in App Store
The April competition winners, iOS app now in App Store

The first competition has finished and it's time to announce the winners.

02.05.2019
Review of the first month and the announcement of a competition for April
Review of the first month and the announcement of a competition for April

Our exchange was launched about a month ago and the popularity has exceeded our expectations.

04.04.2019
Maintenance break on Friday March 29th from 9am to 10am (EET)
Maintenance break on Friday March 29th from 9am to 10am (EET)

We are upgrading our service and our website will not be available for about an hour.

27.03.2019
Northcrypto launches with the support of the EU
Northcrypto launches with the support of the EU

The investing platform to blockchain technology has been published.

07.03.2019