VANCOUVER, British Columbia, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Netcoins Holdings Inc. (“NETC” or the "Company") (CSE: NETC) (OTC: GARLF) is pleased to announce that it has listed Steem, available for purchase effective immediately, via our OTC Private Brokerage Services business and our 21000+ retail locations in Australia, Europe and Canada. Steem is the 13th in a series of altcoins and tokens to be listed by Netcoins.
Steem is an application-specific blockchain tailored for fast, functional social and content-based decentralized applications. Because of its zero fees and near instant transaction confirmation times, a growing number of third party developers leverage the Steem blockchain for distributed content management and autonomous token distribution.
STEEM is the cryptocurrency that powers the Steem blockchain protocol. STEEM is distributed to content creators across dozens of applications via what is called “stake weighted” voting, which rewards content creators who receive the most likes or upvotes.
Learn more about Steem here: www.gonetcoins.com/steem
"Steem's most valuable resource is our community, and it was incredible to see the community come together to vote for STEEM in the Netcoins listing contest," said Ned Scott, CEO of Steemit Inc. "We are grateful to all who voted for us and very excited to now see STEEM listed on Netcoins."
“First, I’d like to congratulate Steem and their community for winning our coin listing contest. It was an extremely tight race, and the Steem community did an incredible job coming together to secure the top spot,” said Netcoins CEO Mark Binns. “Netcoins is very excited to help bring STEEM to a wider audience, and to further help its existing community access the token through our retail network and OTC desk.”
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 21,000+ retail locations in Canada, Europe and Australia 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.
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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.