The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Netcoins.ca Celebrates Crypto Milestone With El Salvador’s Use of Bitcoin As Legal Tender

by Chainwire
September 22, 2021
in Industry Announcements

September 22, 2021 – Vancouver, Canada


Less than two weeks ago, El Salvador made major headlines in the world of cryptocurrency. With no official currency of its own (instead, the US dollar has been in use since 2001), the small Central American country made history on September 7, 2021, by becoming the first nation to adopt Bitcoin as legal tender.

This means that Salvadoran businesses and other establishments now accept Bitcoin as an official form of payment.

This divisive move was spearheaded by the country’s president Nayib Bukele as a means of modernizing the economy and in hopes of alleviating issues with economic accessibility, among other reasons. Read more about El Salvador’s Bitcoin backstory on the Netcoins blog.

As was expected, the first few days for El Salvador were not without their hiccups and technical issues, particularly with Chivo, the government’s official crypto wallet.

But one thing is for sure – this bold ‘experiment’ with Bitcoin is a step closer to widespread adoption of the world’s first and most well-known cryptocurrency.

In fact, other countries like Paraguay and Panama – who have been working the use of Bitcoin into their legislation – are keeping a close eye on the events as they continue to unfold in El Salvador.

Netcoins is just one of many dedicated members of the global crypto community that celebrates this milestone.

Like many others, Netcoins and its growing user base believe in cryptocurrency’s potential to reshape the world economy in the most promising ways, by changing the way we transact and utilize modern technology.

El Salvador’s future success – or failure – in adopting Bitcoin will ultimately bring forth many more opportunities and challenges for all things crypto.

Even more Canadians can join in on this ongoing financial revolution by buying Bitcoin (BTC) and cryptocurrencies like Ethereum (ETH), Tether (USDT), Litecoin (LTC) and others at Netcoins, Canada’s easiest and most trusted platform for buying and selling cryptocurrencies.

About Netcoins.ca

Founded in 2014, Netcoins started out by providing a virtual Bitcoin ATM solution to over 170,000 stores across three continents, and also operated a private brokerage service for institutional and larger scale crypto investors.

As the crypto industry evolved, we’ve since pivoted to a cryptocurrency trading platform, which users can access online 24/7 through a web or mobile browser at Netcoins.app.

Our leadership team has been strengthened by diverse experience – including that of our president, Mitchell Demeter, who founded the world’s first Bitcoin ATM.

Now, we’ve also made significant investments in technology, offering a simple and streamlined onboarding process, tight security and 24/7 instant trades.

We understand that what you do with your money matters. We also know that cryptocurrency can seem like a complicated process – that’s where we come in. We build trust by taking the guesswork out of crypto and by delivering results.

We’re excited to be part of your crypto journey. From education to innovation, to our zealous customer service, we are here to be your trusted resource for all things crypto. We can’t wait to bring you on board.

Contact

Netcoins.ca

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on X Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
  • Plutus Launches PLUS More on Base – A New Era of Tokenized Loyalty Rewards
    May 13, 2025
  • DoubleUp – A New Generation of GambleFi
    May 13, 2025
  • MoonX: BYDFi’s On-Chain Trading Engine – A Ticket From CEX to DEX
    May 13, 2025
  • Canelo Álvarez Joins 1Win As Global Ambassador After Historic Title Victory
    May 13, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,520.74
$103,520.74
0.6%
Ethereum
$2,595.56
$2,595.56
3.17%
BNB
$651.13
$651.13
2.06%
Solana
$176.13
$176.13
3.87%
XRP
$2.55
$2.55
1%

Spotlight

  • Crypto Analyst Unveils ‘Perfect Trade’ for Bitcoin, Sees BTC Mirroring Gold Price Action in 2020
    May 7, 2025
  • BlackRock Buys $2,500,000,000 Worth of Bitcoin As BTC Price Holds Steady: Arkham
    May 7, 2025
  • Trillion-Dollar Bank Paying $510,000,000 Fine After ‘Conspiring To Hide’ $4,000,000,000 From IRS
    May 7, 2025
  • $2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent
    May 7, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl