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The NewsCrypto token (NWC) is the native token of the NewsCrypto ecosystem. It provides a comprehensive set of indicators, educational resources, and entertainment for traders of all levels. The project aims to create a community-focused ecosystem where users can learn from each other and earn NWC for posting quality content. The NWC token is used to access the online platform, which offers interactive education on blockchain technology and cryptocurrency trading. It also provides additional features on the NewsCrypto mobile app, including entertainment and a community section. The token has a hard cap of 280 million NWC and follows a deflationary model. It is used for platform membership fees, transfers of value, and awards to community members. NWC is available on Stellar, Ethereum, and the Binance Smart Chain, with a cross-chain swap solution available on the NewsCrypto website.

Issue Time
2019/10/12
Initial Price
US $ 0.01628187
Circulation/Max
150.40M/280.00M
Dominance
0.00%
ROI+ 120.87%
$0.01628187$2.23726923
Low · 2019/11/132019/11/13 · High

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Answers

Is NWC a Good Investment?

NewsCrypto is a leading educational project in the crypto space, and its native token is available on several of the most popular blockchains, including Ethereum, BNB Chain and Stellar.

The valuation of NewsCrypto could be positively impacted by growing worldwide interest in crypto, as education is a key part and the necessary beginning of any users journey in trading. Additionally, the tokens valuation could also positively reflect the adoption of Mercury Trade and their other products that go beyond the sphere of education.

What is NWC Used For?

Traders and investors use the token to access a set of highly innovative trading features, stake NWC and earn rewards for participation in the network. NWC unlocks access to the online platform, which is focused on interactive education on blockchain technology and cryptocurrency trading, as well as for additional features on the NewsCrypto mobile app, which also includes entertainment and a community section apart from educational resources and market tracking software.

How to Stake NWC

You can stake NWC on the NewsCrypto platform. Staking allows you to earn lucrative rewards in NWC and to vote on governance proposals, which can also be accessed through the platform. Heres how to stake:

1. Open the NewsCrypto platform(create an account if you havent already got one), and ensure youve got enough NWC on your account by buying them on BYDFi or from other sources and depositing them to your platform account.

2. Once youre logged in, go to the Staking page and choose the amount and duration for staking.

3. Click Stake and thats it - your tokens are now staked and you will be earning NWC rewards, along with the ability to vote on governance proposals on the platform (note that this requires that you have 2FA enabled, so make sure to add a 2FA method to your account).