What will be cryptocurrency collectors called?

Really, what? Collectors of coins are called numismatists. Collecting banknotes is called bonistics. And those who are keen on collecting cryptocurrencies may be called cryptocoinists.

Now there are already about 1,550 kinds of cryptocoins and tokens. Among them are rarities, and those tokens that are practically not in demand today. And there are still interesting types, released in limited edition because the creators of the project fled with the money of investors. By the way, a month ago 1600 coins were on the list. About 50 crypto-currencies have disappeared, leaving a trace on only some sites or screenshots.

Of course, cryptocoins are not exactly coins. They have no obverse, no reverse, no edge. And it’s difficult to “show them off”. A set of figures in a multi-currency wallet will not be appreciated by anyone. But when did it stop collectors?

One of the Russian bloggers-numismatists wrote that giving in to the excitement around bitcoin, he found a coin on the Chinese site at a price less than a dollar apiece. He ordered two bitcoins, one for himself and one for his cat. While the parcel was underway, he was very worried, seeing how the rate falls. When the parcel with coins came, the cat was displeased that bitcoins were not real.

Pay attention to cryptomoney! All coins have names and an abbreviation, they also have their own graphic representation. They differ in purpose and number of fractional units, in hash functions and consensus algorithm. Their protocols have beautiful names. They have many differences and unique properties.

Resources for exchanging cryptocurrencies exist and function for a long time or a long time there exist and function. No black market. No fakes and copies. It’s impossible in the blockchain.

If I managed to interest you, then you most likely want to know where and how to buy cryptocurrency in Canada. Below you’ll see ICO Pulse recommendations on this matter.

How to buy cryptocurrency in Canada

At the very beginning of the path, there is only one way to buy cryptocurrency – for real money. For a beginner, a non-cash option is preferable. But cash cannot be discounted.

For the first purchase, choose one of the top-level cryptocurrencies. These include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Monero, Dash, Ripple and some others. They are the most popular and you can easily exchange them for the coin you are interested in.

Multicurrency wallet

Before buying it is necessary to have a wallet, where the purchased cryptocurrency will be delivered and stored. In terms of using a large number of types of cryptocurrency, the mobile version of the Coinomi wallet is very suitable.

To its merits integration with the cryptoexchange can be added. That is, you can exchange one coin for another directly in your application. It is convenient, safe and profitable.

ATMs for sale of cryptocurrency

Cash can be used for buying a cryptocurrency through ATM or on exchanges. The nearest to you can be found on the map with the help of the resource Coin ATM Radar.

There is nothing complicated in this method, just follow the instructions – and you will become the owner of the cryptocurrency.

State to exchange online

These resources include sites where you can buy cryptocurrency for fiat money or for another cryptocurrency.

As fiat money cash, wire transfers and electronic payment systems like PayPal.

The most popular and reliable is Peer-to-Peer service – Localbitcoins. Admittedly, mostly bitcoins are sold there. But this coin is number 1 in the cryptoworld and for it, you can buy any of the existing cryptocurrencies. Now there is an opportunity to buy also Ethereum, Litecoin, Monero, Dash, Ripple on this site.

It is good for many reasons. First, it allows you to find a seller near you.

Second, here you can use for payment cash, bank transfer or electronic payment system.

Third, the platform uses a transit account to ensure transactions. Cryptocurrency is kept there until the seller receives fiat. As soon as this happens and is confirmed, the coins are sent to the other party. If the seller did not receive the money, the transaction is canceled and all coins are returned to the owner.

Fourth – there is a system of seller ratings based on the success of their transactions. The buyer can choose a reliable partner to minimize risks. In addition to this, Localbitcoins introduces a verification system for permanent sellers, which will provide customers with additional protection.

Cryptocurrency brokers

Another way to buy cryptocurrency is to use a special brokerage platform. For example, CryptoGo.

CryptoGo is available from anywhere in the world (although there may be restrictions in some of the US states).

On this resource, you can buy a large variety of cryptocurrencies for all kinds of fiat money. The minimum purchase amount is $ 1, the maximum amount is not limited.

The interface CryptoGo is easy to use, it fully complies with the informal Internet standard ELI5 (Explain Like I’m 5). Thanks to this, you will not get confused and make mistakes. You do not need to learn anything, unlike on the websites of cryptoexchanges. Just choose the desired coin. The resource will show how much you need to pay.

Since CryptoGo is integrated with large exchanges, the platform has liquidity reserves, which are used to quickly execute orders.
To purchase cryptocurrency, you can use wire transfers, your credit or debit card, electronic payment systems, such as PayPal.

The process of registration and verification on CryptoGo is quite simple, unlike other exchanges. The resource assigns a personal manager to everyone who creates an account on their platform. The manager is helping the client around the clock.

Among the disadvantages of CryptoGo, the lack of a mobile application and the inability to buy cryptocurrency for cryptonyms can be called.

But this resource is not the only one and you can choose another one, for example, BVC or Bitpanda. There are also others.

Cryptoexchanges

These sites are designed to sell or buy cryptocurrency. Many of them are universal and give the opportunity to make transactions in both crypto-fiat, and crypto-crypto pairs. But there are some that do not allow the use of fiat money.

Exchanges are created to organize cryptotrading in a similar way to operations on traditional exchanges (stock, commodity, currency etc.). Therefore, they have a complex system for checking new customers and an interface that is not easily understandable for beginners. Cryptocurrency purchase at such a resource is not simple at all and is far from ELI5. Such sites include Coinbase, Bitfinex, Kraken and others.

Some of these exchanges provide an opportunity to simply buy a cryptocurrency. So does the platform Cex.io.

In the list on the exchange, there are only 8 cryptocurrencies available. But these are the most popular ones, which can easily be changed to any other coin.

Just choose how many desired coins you want to buy and click Buy.

Summary

In Cryptocollecting as well as in numismatics, there are certain specifics. But there are some common features. These include the acquisition. To get either a coin or a token, you need to buy or exchange it.

And you know for sure how it is done with real coins, and I’ve told you a bit about the crypto-currencies above.

To summarize, I remind you that first of all you have to install an application on your smartphone or computer, which is called a multi-currency wallet.

Then you can start shopping. To do this, in the beginning, you will have to use fiat money in any form. Choose one of the sites described in the article and follow the instructions.

Good luck in collecting!

Canadian numismatic events

History has always fascinated the people of our age and therefore it means a lot to the certain class of people. The subject is limitless and the most important part that is related to the money. Numismatic is a branch of history that has made it possible for the enthusiasts to collect old coins, stamps and money that is related to the ages before us. It is also important that such collections are displayed or the events are created to make sure that the talent is showcased. When it comes to Canada the best part of the country is that it supports all such initiatives. There are many numismatic events that take place in Canada. Such events make sure that the enthusiast comes together and devise strategies which are related to the field. It will also lead to long-term planning and hence ensures that each and every part of the legacy is preserved in the best way. Such events also ensure that the hidden treasures of the numismatic enthusiasts don’t remain in the same condition. Others are given a chance to take a look at the best numismatics collections. Such events create a sense of understanding between the professionals of the community.

Nuphilex Coin and Stamp Show

You can sell your coins and stamps at this show. It means that the best and the most enthusiastic professionals come together to get the best results for the industry. The show is annually held at Complexe EVO and therefore attended by numismatic professionals from all over the world. There are many kinds and types of coins which can be bought or sold at the event and therefore it is highly recommended to all related professionals. Stalls are set up so that the events can be enjoyed by all. In 2018 the same venue has been selected for the show and numismatic enthusiasts will get together once again.

Calgary Coin Gallery

From Roman to Medieval coins the visitors can see the artifacts which are highly regarded by the professionals. The coin collection event is held annually and hence it means a lot to the people that are related to the fields. The best part of this coin collection event is that it is held at several locations. It can, therefore, be regarded as the best and the most happening event of the numismatic industry. Calgary coin collection is highly regarded and rated among the community and hence a must visit event for all.

Toronto Coin Expo

Two events at the same city mean that the place is full of numismatic enthusiasts. A great potential is shown by the coin and bank notes enthusiasts and large collections are on display. Toronto Coin Expo is held in downtown Toronto and therefore a massive gathering can be seen at the Toronto Reference Library. The management of the show is great and leads to all people enjoying. There are many enthusiasts that are there at the place and live question and answers sessions are also held. Some admissions are free and the others are paid. The paid ones get special privileges.

Canadian dealers in the fileld of numismatology

The study of numismatics is not all about collection. The best part of this field is that the coins, stamps, and notes can also be sold to the right buyers. There are many dealers which are located in different parts of Canada and ensure that both buyers and sellers get the best price of their artifacts. At times these dealers also become the buyers and give the best price of the artifacts to the sellers. This is not the case in each instance and most of the dealers just display the items so that the customers are attracted and the coins get the best possible value. There are a number of dealers which are related to the idea and therefore the stores can be found easily nationwide.

London Coin Center

Located in Ontario Province this center gives the best price to the numismatic enthusiasts and ensure that the displays are done to lure the new customers. In some cases, they only display the artifacts so that they can easily be sold to the right clients. London Coin Center has a reputation for being the best and the most advanced coin center in the area which is highly secured as well. There are many numismatic professionals that are related to the field and hence it means that they are no short of knowledge. The store was established in 1973 and the exact address is 357 Talbot St, London ON. The other items which can be bought from here are the estate jewels and US foreign bank notes.

Canadian Coin and Currency

Located in Toronto this company is regarded as the largest one in Canada that deals in all kinds of coins and banknotes. The company has several offices in the city and ensures that the numismatic collections are purchased instead of single items. The company has the high level of purchasing mechanisms and the notes, as well as the artifacts, are rigorously checked before they are purchased. The staff is highly trained and ensures that the best and the most advanced knowledge about the numismatic collections is displayed. The company also ensures that the auctions are held throughout the country where they can sell the numismatic collections. The full appraisals services are also offered to the companies are well as to those that have large collections of coins and other related artifacts.

Ancient Numismatic enterprise

Located at 2219 Queen Street East the store has a huge collection of artifacts that can easily quench the thirst of the numismatic professionals. The store offers all the ancient coins, banknotes and other related artifacts. The best part of this store is the fact that it offers low price and therefore the customer range is vast. The store also has a website which can also be used to make the purchases. All online orders are prioritized to ensure that the best prices are offered and the items are delivered with care and perfection. The website also displays the sample coins and the collections that are in stock. If some artifact is not there the store tries its level best to arrange it.

Well-known numismatic associations of Canada

The collection of paper money, coins, and the other related ideas is known as numismatics.  The concerned people are normally students but it is not necessary at all. For examole there is a large numismatic collection in the University of Calgary  When it comes to Canada there are many associations which are related to the idea and they are working to ensure that the idea of numismatic is spread. Such associations are also related to the fact that the market of the old coins and paper money also gets the prominence it deserves. Such organizations are also of the view that the studies are carried out so the currencies used in different eras become known to the people of today. Numismatics related organizations are very active in Canada and hence they are highly regarded among similar groups.

Canadian Association of Numismatic Dealers

Established in 1975 the organization makes sure that the old currencies are collected from all over the world and exhibitions are held. It is a completely non-profit organization that works for the betterment of the professionals that are related to the field. It is also abbreviated as CAND and has been regarded as a benchmark when it comes to the numismatics in Canada. They also operate a network of dealers which means that they buying and selling old currencies is not a problem if you are a numismatic enthusiast as well as the member of this association. It is the largest organization which is related to the hobby and the number of members is increasing with every passing day. There are many other organizations which related to this collaboration and hence the numismatic collection is large and very valuable.

Ontario Numismatic Association

The education, as well as the fellowship of the different people of the industry, is all that this association is about. It means that the people that are related to the organization can perform all the related functions of numismatic with ease. The educational side of the organization is highly praised and people get to know what a particular note was about in the past. The members of Ontario Numismatic Association are spread all over Canada and they collaborate with other organizations. They also make sure that the best collections are there with the members of the organization. The number of members is steadily increasing and the current count is 300 which show that a lot of people are enthusiastic about the hobby.

Royal Canadian Numismatic Association

Founded in 1950 the organization is one of the oldest and fosters the numismatic collections. The members are numerous and the collections of some of these are very rare. The best part of Royal Canadian Numismatic Association which none other follows is the fact that they held an annual convention each year which means that all members get together and discuss ideas and make sure that the best practices are carried out to promote numismatic art. The other important activities which are carried out by this organization are touring of minting services and history lectures which are related to any notes and coins. The latest convention of the organization also announced expansion plans to be implemented over next 5 years.