VANCOUVER, British Columbia, Feb. 15, 2019 (GLOBE NEWSWIRE) -- Netcoins Holdings Inc. (“NETC” or the "Company") (CSE: NETC) (OTC: GARLF) (WKN: 1WJ) is pleased to provide updates on the self-serve crypto portal it launched in December, 2018.

Since launch, the portal has seen over 1500 new registered users. The average account funding is over CAD $2300 with a median account funding of CAD $1000 (not including unfunded users). The top coins purchased through the portal thus far are Bitcoin, Ethereum, Apollo, Pareto and STEEM.

The self-serve crypto portal (available at https://netcoins.app/) enables 20+ coins for direct fiat purchase 24/7 online, and is integrated with an automated Know-Your-Client (“KYC”) product allowing our customers to create their own Netcoins account, and complete KYC registration for approved trading.

The Netcoins portal remains in open beta, meaning anyone can register and transact, but the experience will continue to be optimized. Netcoins recently added credit card payments as a new feature on the portal.

“Our beta testing has taught us a lot about the average crypto consumer and our customers’ needs. We intend to simplify our onboarding flow, and further streamline the KYC process. We will also be bringing sell side features forth in the near future,” said Netcoins CEO Mark Binns. “We appreciate all the feedback that we have gotten from our beta users, and will continue to enhance the portal experience with ongoing updates.”

About the Company

The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 171,000+ retail locations globally, a self-serve crypto purchase portal and an Over-The-Counter (OTC) trading desk.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Binns”

Mark Binns
CEO and Director

For Investor Relations Inquiries please contact Netcoins at 778.785.1175 or email ir@gonetcoins.com.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.