Curve is a cryptocurrency founded in 2020 by Michael Egorov (who is also the CEO). Curve was built to power curve.fi, a market maker for stablecoins (stablecoins are cryptocurrencies built to mimic the price of fiat currencies, like the U.S. dollar). The platform was built on the Ethereum network and allows users to connect their crypto wallet to swap certain Ethereum-based stablecoins for others without needing to go through third parties and paying high fees.
1. Create an Account
Visit the Netcoins website and click on the sign-up button. Or download the Netcoins app from the app store for mobile. Enter your email address, create a strong password, and agree to the terms and conditions. You will receive a confirmation email click on the link to verify your email address.
2. Fund it
Choose your preferred funding method: bank wire transfer, Interac e-Transfer, crypto deposit, or cash deposit. Follow the prompts to transfer funds into your Netcoins account. The process is quick and incurs no fees.
3. Start Trading
Once you have funds in your Netcoins account, you'll find that it's super easy to buy CRV in Canada.
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TrustpilotWhat Can You Do With Curve?
How Does Curve Stand Out From Other Cryptocurrencies?
Why Invest in Curve?
Because of its unique proposition and ability to take a different approach in the cryptocurrency ecosystem, Curve has seen a lot of traction. There are plenty of reasons to be excited about the future of the project. Here are only four examples.
Curve is decentralized. The Curve network is not controlled by a single entity or individual, which helps to ensure its integrity.
There is a max supply of CRV. Similar to Bitcoin, Curve has a supply cap of just about 3.3 billion CRV tokens that will exist at any point in time. This makes the coin deflationary over the long run and a hedge against things such as inflation.
Curve is amid significant adoption. Curve is one of the most popular automated market makers for stablecoins because of its low fees, low slippage rates, and low volatility. As stablecoins continue to grow in popularity, Curve is positioned very well to take advantage of the opportunity ahead.
Curve provides an opportunity to make passive income. In contrast to larger financial institutions like big banks, Curve provides users with an opportunity to earn competitive interest rates on their crypto/stablecoins. Given the low volatility of stablecoins, Curve’s value proposition is to earn you income in a low-risk way.
If you want to learn more about Blockchains, Bitcoin or Ethereum, follow our educational blog!
Why is KYC (Verification) required?
Netcoins Inc. is a licensed money service business under FINTRAC, and a registrant under the Provincial Securities Commissions, and adheres to the strict guidelines set by them for Money Transmitter Businesses and Securities Registrants. We are required to have a Know-Your-Client (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers.
What do I need to provide for your verification process?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business.
How can I fund my account?
Your Netcoins account can be funded with a crypto deposit, Interac e-Transfer, or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy CRV in Canada.
