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Category: Finance

  • Is Exness MT4 really the best trading platform?

    Is Exness MT4 really the best trading platform?

    Cryptocurrencies are a relatively new phenomenon and it can be overwhelming at a time when you don’t know the best places to invest. If you are looking to trade with cryptocurrencies, one might be tempted to stick with the usual platforms that they have been trading with but in fact, we would recommend trying out Exness MT4 as it has more tools and offers more diverse solutions compared to other cryptocurrency platforms!

    Pros and Cons of Exness MT4

    The primary benefit of Exness is that it offers low costs. The platform allows its users to focus on the trading process itself rather than the costs. But if you compare it to the other platforms, Exness is not the most user-friendly solution. This is not a surprise, since the company targets less-experienced traders. Similarly, the platform does not support high-frequency trading and does not offer very advanced tools for professional traders. Moreover, Exness does not allow its users to trade on margin.

    Is it safe to use Exness?

    Yes, it is secure to use. Exness is the world’s most advanced CFD trading platform. Customers and traders can trade in a wide range of digital assets including cryptocurrencies on this exchange. You’ll need to invest a minimum of 0f $1,000 perhaps more depending on the market you are wishing to invest in. The platform is easy to navigate and offers a wide range of products for you to place trades through your account whether it be stocks, forex or cryptocurrencies.

    There is a user-friendly interface that’s easy to get used to which enables you to monitor activities and set alerts whenever there are new trades being made or news happening which may affect your investments. Their site also offers peace of mind with security protocols available like 2FA by SMS as well as OTP verification codes and one-time passwords that keep your account safe from unauthorized access when making financial transactions over their website or mobile app.

    Also Check: 5 Serious Questions to Ask a Forex Trading Coach

    Demo Account

    Opening a demo account is a great way to experience how a broker platform works and how it feels to trade stocks and other assets. A demo account is a great tool for traders, allowing them to test their strategies with real market data before risking any of their own money. This can increase the likelihood of success, and thus lead to more profits. Traders should always test a strategy before risking their own hard-earned money, and a demo account is the best way to do this. Most brokers offer demo accounts, and it is important to take advantage of them.

    Best forex platform

    Choosing the best forex platform is not as simple as choosing the cheapest one. There are a lot of things to consider when you are looking for the best forex platform for you. With so many forex trading platforms out there, how do you know which one is really the best? It’s not always easy to see through all the claims that each broker makes about their trading platform. I would like to share my opinion on what I think the best forex trading platform is Trader Union.

    Forex Trading

    Forex trading involves the simultaneous purchase and sale of one currency against another. For example, you might buy British pounds with Japanese yen. The currency pair is GBP/JPY. The forex market is the biggest and most liquid market in the world. This allows forex traders to take advantage of very competitive spreads. In forex trading, a spread is a difference between the bid (the price at which you can sell) and the ask (the price at which you can buy) of a given currency pair. The spread represents the broker’s profit and is typically quoted as a percentage of the currency pair. For example, if the spread for the EUR/USD is 1.4%, and you buy the pair, the broker will sell it to you at 1.4% above the price at which he or she bought it. The standard spread for most Forex brokers is between 0.5% and 1.4%.

    Components of Forex Market

    Forex market is the biggest financial market in the world. It is a 24-hour market with a turnover of more than $4 trillion per day. The Forex market, also called the FX market, is the market where one currency is exchanged for another. The forex market is the largest and most liquid market in the world. It is open 24 hours a day, 5 days a week and offers high leverage, low costs, and high-profit potential. The forex market is made up of the inter-bank market and the over-the-counter market.

    The inter-bank market trades in large transactions, where banks and financial institutions buy and sell currencies from one another. The over-the-counter market is where individual investors, corporations, and institutions buy and sell currencies outside of the inter-bank market. The forex market trades currencies. Currencies are the representation of a country’s economy and are used to trade goods and services between countries. The most actively traded currencies are the U.S dollar, the euro, the yen, the British pound, and the Swiss franc.

    Forex Technical Analysis

    Forex technical analysis is the study of past Forex market data in relation to price action as a method of forecasting future trends. The application of this study can lead to the increase of traders’ chances in finding good entry and exit points for their trades. A great way to avoid burnout is to break up your workday.

    Timing doesn’t matter, scheduling your days with small breaks can help tremendously in keeping you energized throughout the day. Not only will it keep you up to date on most tasks and promote communication with your team, but it can also give you a semblance of order and remove some stress from the confusion of it all. Ensuring that everyone knows what time they should be working on certain tasks eliminates multiple questions that could have been prevented if people were able to identify the importance of each task at hand.

    Conclusion

    Exness is the best trading platform if you are looking for a platform with all the features you need and it is very easy to use and has a very good customer support team. If you are looking for a trading platform that has a lot of features and flexibility, Exness is the best.

    MT4 is a software that is made for trading Forex and CFDs and it is not made for trading stocks, commodities and other markets. The best trading platform for trading stocks, commodities and other markets is the Exness MT4. If you want to know more about Exness MT4, visit the website Trader Union.

  • All you need to know about Alabama tax refund and Bookkeeping

    All you need to know about Alabama tax refund and Bookkeeping

    The state of Alabama offers a variety of tax credits and deductions to help residents keep more of their hard-earned money. You can find a list of these credits and deductions on the Alabama Department of Revenue website for Alabama tax refund.

    The Alabama tax refund is a refundable income tax credit for low- and moderate-income working families. The credit is available to taxpayers who work and earn less than $12,000 per year. In order to qualify for this credit; you must have a qualifying child under the age of 18 or be at least 19 years old and not claimed as a dependent on another person’s tax return. You also must not be eligible to receive any other refundable credits, such as the Earned Income Tax Credit or the Additional Child Tax Credit.

    Here are some examples:

    • Child Tax Credit
    • Dependent Care Credit
    • Earned Income Tax Credit
    • First Time Homebuyer Tax Credit

    What is Bookkeeping

    Bookkeeping is the process of recording financial transactions, payments, and receipts. It is also the process of summarizing the financial data to produce financial statements that are useful for external reporting purposes.

    A bookkeeper is an individual who records or organizes information about transactions in a business. The bookkeeper may use a variety of tools, including paper-based systems and computer-based systems.

    Bookkeeping is the process of keeping the financial records of a business. In this section, we will talk about what bookkeeping is and how it is done. Bookkeeping is a process that has been around for centuries. It was traditionally done by hand but in modern times, bookkeepers have started to use accounting software to keep track of their books. Bookkeepers are responsible for making sure that all the transactions in a company are accounted for and recorded correctly. They also have to make sure that all the company’s assets are accounted for and that they know where every penny goes. You can also learn about Cross-border tax planning.

    The following is a list of some of the more common bookkeeping tasks:

    -Reconciling bank statements and credit card statements

    Reconciling bank statements and credit card statements can be frustrating. To save you time, we have created a simple to use, step by step guide to help you make sense of your transactions.

    -Reconciling daily, monthly, and yearly sales

    When establishing a business, it is important to understand the difference between daily, monthly and yearly sales. The one that people tend to focus on is the monthly or yearly sales.

    -Recording deposits and withdrawals

    Everyday people use apps and online banking to handle their money. This leads to a lot of data being entered manually and risk of human error. This new technology can allow for an easier way to track and handle money, saving the user time and the bank money on labor costs.

    -Preparing financial reports such as profit and loss statements, balance sheets, and cash flow statements.

    Financial statements are an important tool for financial managers to measure the performance of a company. A balance sheet is a snapshot of the company’s financial position at a particular point in time, while a P&L statement is a summary of revenues and expenses over a period of time. A cash flow statement summarizes all sources and uses of cash over the same period.

  • WINDFALLS FROM ONLINE TRADING

    WINDFALLS FROM ONLINE TRADING

    Online trading is the easiest way of buying or selling stakes in the presence of a digital platform. Many people have a misconception that online trading can only be done with the shares of a company, but in reality, mutual funds, bonds, and many more can be purchased or sold through online mediums. But it is essential to check the risk that is involved with the shares of the bonds before investing in them. You should get out of the misconception that all line-treating is not safe. Since in today’s world, online trading has many more benefits than traditional trading. 

    The following points will give you a brief idea of the benefits of online trading. 

    What are the benefits of online trading? 

    • Convenient: Online trading is far more convenient than waiting for an appointment with your broker. You are only required to open a trading account if you wish to trade online. The trading account can be managed by you at any point in time and in any place. If you are in a profession where you need to shift from one place to another, then going for online trading is the right choice for you because you can access your trading account with any device you want. 
    • It is less expensive: Many people compare the consultation fee in online trading to the broker’s commission in traditional trading methods. It will be beneficial for you to come out of the same misconception because the cancellation charge in online trading is far less than the charge that is involved in traditional methods. Online trading can even benefit you with the negotiation of the consultation charge if you decide to trade a large amount at the same time. 
    • Your investment is right in front of you: In traditional methods of keeping track of your investment, you need to consult your broker and have to wait for the answer from your broker. But this is not the case in online trading. You are free to sell or purchase any stake that you desire in online trading. Online trading can even show the investor the status of their investment in the current market. With the help of online trading, you can keep track of the amount you have lost or the amount you have profited from the trade on any device. 
    • Transactions are completed quickly: Online trading comes with the benefit of online banking, which makes the transaction much smoother and quicker. You can buy or sell any share without worrying about the time that will be required to complete the transaction process.  
    • You make the decision: If you want to invest in online trading, you are making the right decision because you can trade in an online medium whenever you want. In the traditional method, a person can only trade after getting in touch with the appropriate broker. In online trading, you do not have to wait for someone else, and you are the only one to decide when you will trade. 

    Also Check: 5 Serious Questions to Ask a Forex Trading Coach

    Conclusion 

    In online trading as well, you can study the market well to predict its behavior. Market behavior can be efficiently used to detect the condition of the price of any stock in the coming time. In online trading, you are the only person who is responsible for any transactions.

  • Steps You Need To Take To Become A Real Estate Agent

    Steps You Need To Take To Become A Real Estate Agent

    If you want to drive a plane, car or a bike, for all of it, a license is considered to be the prerequisite.  Likewise, if you want to be a real estate agent, you require a license.  You get to deal with various clients while working as a real estate agent.  And you are certainly your boss there.  You can attend a real estate syndication seminar to understand it even better. 

    Below are the steps to get the license to become a real estate agent-

    • Select your target state

    The first step is to select the state where you want to work and then fulfil the pre-license course requirements. Every state is different, so every state’s requirements are also different.

    Each state has requirements for certain- 

    • Age
    • Pre-licensing course
    • Post licensing requirements
    • Criminal history, if any
    • Educational requirements
    • Exam eligibility

    Some of the states provide licenses that can also be used in another state without having to take an additional license.

    • Buy a Pre-licensing course

    Every state requires taking up a preceding course from a certified real estate licensing school.  Do proper research before buying one because there will be different instructors with their material which might affect your result

    • Activate the license

    Once you pass the exam, activate your license by submitting the required documents with the application to the regulatory authority.  Once the license gets activated, your name will appear in the searchable section on the licensees’ website but once the license is issued to you in a hard copy.

    • Become a Realtor

    The work of a real estate agent and realtor are different from each other.

    Realtors are considered members of the National Association of Realtors and follow the guidelines accordingly while helping their clients.

    Being a realtor is not a compulsion, but if you become one.  But being a realtor will get you a lot of perks, namely- Opportunities, Research data, and other business tools.

    If not a realtor, you can attend various seminars to enhance your knowledge, like a real estate syndication seminar.

    • Start working under a broker

    The next thing you can do is to work under a broker to gain some expertise and learnings while learning some through a real-life example.

    Final Overview

    It is a little costly to get a license, but it will surely be worth all your efforts, time and money.  Then afterwards, it is up to you whether you want to work on a freelancing basis or you want to take it up full time.  Real estate syndication seminar might guide.  You are in the right direction for the same.  While working as a real estate agent requires a lot of hard work, sometimes there is no time left for your personal life. 

    There might be months where you go on without earning a penny because you earn commission on each of your sales here.  But the mantra is to keep on going and plan your expenses and investments, especially in the initial years, very cautiously.

  • What Are the Tax Advantages of Buying a Buy-to-Let Through a Limited Company?

    What Are the Tax Advantages of Buying a Buy-to-Let Through a Limited Company?

    With all the changes to tax reliefs available for private, self-employed landlords, millions of property investors have looked at switching to trading as a limited company. There are distinct tax advantages to doing so, particularly for landlords in an additional rate tax bracket – but it’s not always a win-win! In this guide, Our mortgage brokers explains why buying a rental property through an incorporated company will reduce your tax bill but why you might end up with less of a saving elsewhere.

    Why Will My Taxes Reduce if I Buy a Buy-to-Let Through a Limited Business?

    Most incorporated companies set up to deal with rental properties are Special Purpose Vehicles (SPVs). This structure is the same as any other limited company, although it’s specifically designed for this type of business.

    Tax advantages exist because corporation tax is a lot lower than income tax. If you’re in a higher bracket, you won’t have so few restrictions on the costs you can deduct before arriving at a taxable profit figure.

    Corporation Tax vs Income Tax

    • Corporation tax stands at 19%, payable on taxable net profits (adding back things like depreciation which aren’t tax-deductible).
    • From 2023, companies with profits over £50,000 may have to pay a higher 25% tax, although this has tapered relief depending on the exact profit figure.

    In contrast, those same profits from a rental property are taxed as follows for a self-employed individual:

    • Income up to £12,570 – tax-exempt as under the Personal Allowance.
    • The basic rate of 20% is charged on anything up to £50,270.
    • Earnings up to £150,000 are taxed at 40%
    • Anything over £150,000 falls into the additional rate band, at 45% tax.

    If you earned, say, £99,000 profit in one year, you’d pay £18,810 corporation tax, compared to £27,032 income tax, so it’s a difference of £8,222 over 12 months.

    Tax Reliefs for Buy-to-Lets Owned by Limited Companies

    Another factor in favour of buying through a company is that you won’t need to worry about the restrictions on mortgage interest relief.

    Private landlords cannot deduct all mortgage interest from their revenue before tax. Staggered changes to exemptions mean that now, investors are taxed on all rental income (gross) with just a 20% tax credit.

    In essence, basic rate taxpayers probably won’t be impacted so much, but if you pay a higher income tax rate, this amendment will immediately mean your tax bill creeps ever higher.

    As a company, you deduct all expenses associated with maintaining a rental property before you get to a net profit figure, so all interest payments are tax-deductible.

    Let’s say you earn £50,000 a year from a property and pay £15,000 in mortgage interest as a theoretical illustration.

    A limited company would deduct the £15,000 and pay tax against £35,000 profit. A private landlord could claim a 20% tax credit – up to £10,000.

    Accounting for Stamp Duty on Limited Company Property Investments

    There is another interesting perk to buying rental properties through a limited company, and it’s related to Stamp Duty.

    If you’ve set up an SPV or another type of limited company and sold a buy to let asset, you’d have to pay Stamp Duty depending on the value of the property. Likewise, the same applies to a self-employed landlord.

    However, if you have one rental property owned by one company, you might find a way around this by choosing to sell the company – not the property.

    Effectively, you’d still be selling the asset, of course, but share sales are liable to Stamp Duty of 0.5%, which could be a massive saving, especially for higher-tier buy-to-lets such as HMOs!

    Avoiding Liability Through Limited Company Buy-to-Lets

    Finally, there is an advantage in owning buy to lets through a company. An incorporated business is a standalone legal entity that doesn’t impact your personal assets if it is liquidated or runs into problems.

    While directors may have obligations, for example, if they sign a personal guarantee against lending, the degree of separation usually means that you have an element of liability protection.

    If you invest in a buy to let as an individual, you are fully liable, so if something goes wrong, or you cannot repay the buy to let mortgage, it could potentially put your home and other assets at risk.

    The Downsides of a Limited Company Buy to Let

    There are a few caveats, and while you might save a bundle on tax, it’s important to go into any business decision with your eyes wide open!

    Primarily, commercial mortgages aren’t subject to the same regulatory standards, and you’ll inevitably pay slightly higher interest rates on a business buy to let mortgage than you might on a regular BTL product.

    There are fewer lenders to apply to, so costs will be higher, and any dividends or income you draw from your limited company will still be subject to dividend or income tax at the usual rates.

    If you’re unsure which is the best option or want to compare the mortgage products available, please give Revolution Brokers a call on 0330 304 3040 or email us at info@revolutionbrokers.co.uk.

  • Five ways DMCC approved auditors can improve your business

    Five ways DMCC approved auditors can improve your business

    The Dubai Multi Commodities Center, or DMCC, has emerged as the world’s most desired destination for business. Situated in the heart of Dubai, the DMCC with its exclusive business-friendly incentives and premium lifestyle is the greatest attraction for every entrepreneur and multinational company. The DMCC itself encourages new businesses and strives to provide the best and most conducive business environment for owners and residents. During all this, the DMCC pays extra attention to ensure every business registered with the DMCC maintains transparent, legal, and fair business practices. The DMCC authorities leave no stone unturned in guaranteeing good and fair business operations for all. One of the many steps taken in this respect is the issuance of a detailed list by the DMCC which mentions DMCC approved auditors

    The DMCC approved auditors are individuals and firms that have a good-to-go certificate from DMCC authorities to extend their accounting and auditing services to their clients. The DMCC approves auditors after a thorough check and test. Since there are countless new setups in the DMCC too, a common question asked is why an enterprise needs an auditor at all. This blog highlights the top five ways in which a DMCC approved auditor can boost your business.

    Understand Financial Conditions

    A prerequisite to creating business growth and success strategy is to understand the current situation. The DMCC approved auditors excel at doing just that. They have the uncanny ability to seamlessly understand the current business practices. They do so by looking at previous financial transactions and reviewing current financial details. This allows DMCC approved auditors to better understand where the business stands right now. This practice is especially useful for chalking out plans and formulating strategies.

    Streamline Business Activities

    Businesses that perform regular audits are proven to perform better than those which do not. This is because an audit provides a detailed, transparent report of how the company is doing, its loopholes, and how, and in which areas improvements are needed.

    Since the DMCC has its focuses and special industries, the DMCC approved auditors specialize in information and skill to provide the best consultancy and guidance to boost those businesses. These auditors help align business operations and ensure the company runs smoothly without hitches and glitches.

    Perform Regular Audits

    Audits are a great way of literally and figuratively scanning a business to check its overall performance. An audit analyzes how the business has been doing overall, checks a certain department for issues, and identifies any discrepancies that may have occurred. Audits and bank reconciliations are also beneficial for clearing out any mismatched or missed information.

    Dmcc approved auditors

    The DMCC approved auditors are specialized people who have been endorsed for their auditing skills. They are pro at performing internal audits, external audits, forensic audits, and more as per the company’s requirements and financial circumstances. The DMCC approved auditors can extend their services for the smooth running of the company.

    Identify Discrepancies

    Financial health and monetary profits are the core goal of every business, let they be sales-related or service providers. Any inconsistency can cost heavily to the enterprise, not to mention the loss of financial, tangible, and intangible assets that come along. DMCC approved auditors conduct audits that help identify any loopholes in financial transactions done by the company. These may be human errors, missing entries, or greater and more serious issues such as corruption or fraud.

    DMCC approved auditors not only conduct audits but by identify financial irregularities, expose the black sheep that may be causing damage to a company’s assets and reputation.

    Plan Effective Strategies

    Auditors do not just perform audits and checks. They are also entrusted with the rather critical task of planning for their clients. Auditors have the responsibility of devising plans and strategies that can boost a business and kickstart its journey of success. The DMCC approved auditors have exclusive abilities to suggest growth models and strategies that best prepare a company for the DMCC business market.

    The DMCC approved auditors are well aware of how businesses work and operate in the area and thus suggest relevant strategies.

    Conclusion

    Audits are an essential process for businesses. The DMCC lays special stress on appointing DMCC approved auditors for the procedure since they are screened by the DMCC authorities and are aware of the exclusive DMCC business environment. BS Auditing of Accounts has a team of expert DMCC approved auditors proficient at audits of all types and levels.

  • Know everything about the West Bengal Banglarbhumi Land Record Khatian Details

    Know everything about the West Bengal Banglarbhumi Land Record Khatian Details

    Each state in India maintains its repository of records regarding land, property, and plots. The online platform which functions as the storehouse of all land information WB (West Bengal) has been named Banglarbhumi. All land records of the state can be accessed through this web portal. Other activities like registration, land evaluation, and tax payments can also be carried out through this integrated platform.

    The portal for WB land information was introduced by the Department of Land and Land Records along with the Directorate of Land Records and Survey, Government of West Bengal. It includes every minor and major detail regarding the lands and property of the state. Property-related details available here include:

    • The current owner of a plot or property.
    • The total area occupied by a property.
    • Value of that property.
    • Plot number.

    All this information serves as an essential database during property transactions between buyers and sellers. Such land-record portals of concerned states can also be accessed to find the best cities and places to invest in land.

    Services available on the Banglarbhumi portal

    Land and property-related services on the official land record portal include: 

    • ROR (Record of Rights) application.
    • Land distribution.
    • West Bengal land record.
    • Digitization of maps.
    • ISU management.
    • Citizen-centric services.
    • ISU management.
    • LMTC and ARTI training.
    • Updates and maintenance.
    • Thika tenancy.
    • Rent controller.
    • State land use board.
    • India-Bangladesh border demarcation.

    The portal also helps in accessing crucial land-related details while borrowing or extending home loans. 

    The WB land record details maintained with this portal serve as a reliable source of the authenticity of a particular land/property.

    Process of checking land information WB or Khatian online

    West Bengal

    Khatian or DAG number is a number allocated to a piece of land in the state of West Bengal. This number serves as a reference number when checking records and updates of a particular plot. A few simple steps can help you view these land records of West Bengal, which are detailed as under – 

    1. Visit the official site of Banglarbhumi.
    2. You will see an option saying ‘Know Your Property’ on the portal’s homepage.
    3. You will be redirected to a new page, wherein you will need to enter the following details- 
    • District.
    • Block.
    • Mouza.
    1. After you enter these details, you will need to select the mode of land record. The two options are Plot and Khatian.
    2. Enter a captcha code displayed on this page to authenticate access and view the necessary details.

    The relevant WB land information will appear on your screen. An online portal with such dedicated services and precise information also assists owners to evaluate their property better. For example, with the provided updates, they can look for ways to improve the value of their property.

    The West Bengal government also launched a dedicated app called Jomir Tothya to make land records accessible to all state residents. Through this app, the WB land information is provided in three different languages, which include Bengali, English, and Devanagari. The app serves as a great resource to verify and keep up with all land-related concerns in this state.

    Read Also: Things you should know about Banglarbhumi

    Investing in a property is a remarkable financial decision. Thus, it needs to be backed with proper research. Banglarbhumi, with its detailed record-keeping, can thus help interested buyers look for an ideal plot or property that suits their requirements. 

    Details regarding property costs can also be accessed from this portal. One of the remarkable advantages of this portal is that it enables individuals to assess a given property’s affordability.

    In case the property charges surpass the buyer’s budget, he/she can apply for a home loan. The pre-approved offers provided on such funds render it easier and less time-consuming to proceed towards availing of a loan. Such offers are also available on other financial products, such as home loans. You can take a look at your pre-approved offer only with your name and contact number.

    Keeping up with land updates, payments, and ownership has become way more convenient with the introduction of portals like Banglarbhumi. It also serves as a suitable platform to make informed decisions regarding property purchases and investments.

  • Why Should You Get Insurance for Your Two-Wheeler?

    Why Should You Get Insurance for Your Two-Wheeler?

    If you think that two-wheeler insurance is not necessary, you should think again. Riding a bike on the Indian roads without insurance is similar to a criminal act. There is no doubt that thousands of challans are issued every day when 70% of two-wheelers in India run without insurance.

    Here is why you should get your two-wheeler insured:

    Saves you from Legal Matters

    As mentioned, riding in India without bike insurance is a criminal offense. The Road Transport and Safety Bill levy heavy fines on two-wheelers running without insurance, which also includes imprisonment for the owner and confiscation of the vehicle.

    Fulfillment of Social Responsibility

    You must use your bike responsibly, as when you drive without insurance you put the lives of others in danger. Running a bike with insurance is one of the duties of being a responsible citizen.

    Saves you from recovery and medical expenses

    If you meet an accident, severe damage can be caused to the health and vehicle of yours or a third party. When you possess bike insurance, the cost of repairs and medical expenses for you and the third party is borne by the insurance provider. It saves you from paying huge amounts out of your own pocket and reduces the financial risk to your family.

    Loss of Significant Benefits

    If you have a two-wheeler insurance policy but you do not renew it on time, you can lose out on some important benefits like the No-Claim Bonus (NCB). NCB is given to you when no claim is made during the year. In case of non-renewal of bike insurance on time, you can lose out on such perks and much more.

    Easy and Comfortable Cover

    Above all, two-wheeler insurance provides you and your bike cover against theft, accident, natural and man-made calamities. In a country where yearly accidents are over 4 Lakh, bike insurance covers unforeseen costs. Today, getting bike insurance online is easier than ever. All you need to do is make a few clicks and you are fully secured.

    Now that you know the importance of two-wheeler insurance, it is advisable that you do not avoid buying a bike insurance plan. You can put my life at risk just by not having two-wheeler insurance.

  • 10 legit Bitcoin Apps in USA for Buying Cryptocurrency Online 2021

    10 legit Bitcoin Apps in USA for Buying Cryptocurrency Online 2021

    Bitcoin has come a long way since it was first launched in 2009. It is the most popular cryptocurrency in the world and commands the largest share of market capitalization. Bitcoin is in the news almost every day, and many countries, companies, and vendors have accepted it as a payment currency. 

     

    You can trade and exchange Bitcoin on almost every cryptocurrency trading and exchange site. But in the USA, there is no federal legislation for crypto assets. 

     

    However, the purchase and exchange of cryptocurrencies are legal across the country since the bodies at the federal level have offered guidance to specific states. That means you can use Bitcoin apps in the USA to buy any cryptocurrency.

     

    All legitimate Bitcoin apps in the USA give users easy access to invest in cryptocurrencies and cash them for fiat currencies. Some of the applications make crypto trading available for spot, margin, and futures trading. In addition, you can use them to buy Bitcoin and other cryptocurrencies directly. From Binance you can get the updated bitcoin pricing.

     

    The apps will give you real-time market data and multiple deposit methods for both traditional currencies and cryptocurrencies.

     

    When looking to buy Bitcoin and other cryptocurrencies in the USA using your phone, consider the following ten applications:

     

    1. Bitstamp

    Bitstamp is an app that allows you to buy and sell Bitcoin and other leading cryptocurrencies securely from your phone. You can buy your preferred cryptocurrency using a credit card, debit card, or bank account and start investing in minutes. The application supports many cryptocurrencies, including Ethereum, Litecoin, Chainlink, BCH, and more.

     

    Here is how to purchase Bitcoin in the USA using Bitstamp:

     

    Download the Bitstamp app for Android or iOS and open an account.

    Alternatively, open a free account at Bitstamp.net.

    Deposit some funds into your account.

    Choose your preferred trading pair and how much you wish to spend.

    Place an order.

    Confirm your order and click on Buy.

    You also have the option to buy Bitcoin directly using a card purchase.

     

    1. Bittrex : 

    The Bittrex mobile application for Android and iOS allows you to trade cryptocurrencies on the go. It offers multiple currencies, including Bitcoin, Etherium, and more.

     

    You can use the app to build and maintain your crypto holdings and check active orders and past transactions. In addition, Bittrex offers quick transactions, advanced price tracking tools, data loss prevention, and the option to search for markets based on volume and gains.

     

    1. CEX.io : 

     

    CEX.io is a cryptocurrency exchange. It is one of the best for buying, selling, and exchanging Bitcoin and other 80 digital currencies, such as BitTorrent (BTT), Cardano (ADA), Binance Coin (BNB), Polkadot (DOT), Uniswap (UNI), and more.

     

    You can buy any crypto on the app using your debit or credit card or use it to convert your crypto into fiat and send it to your linked card.

     

    Here is how to buy Bitcoins in the USA using CEX.io:

     

    Download the CEX.io app for Android or iOS.

    Open the Buy/Sell page on the CEX.IO app.

    Select the crypto you want to buy and fiat currency to use.

    Enter the amount you want to spend.

    Choose a payment option — debit/credit card or CEX.IO balance.

    Double-check the details you entered and confirm the transaction.

    After depositing some cash, you can start trading Bitcoin or other cryptocurrencies.

     

    1. Changelly

    Changelly is a cryptocurrency exchange that offers Bitcoin exchange in the USA. You can use it to buy Bitcoin instantly with a credit card. The Android and iOS applications offer over 200 altcoins. Unlike other similar platforms, Changelly users do not have to create an account to get started.

     

    Instead, it only requires an email address to register and complete transactions on the blockchain with no additional checks. An advantage of using Changelly is it offers fixed and transparent fees, has multiple deposit options, has enormous market liquidity, and its interface is friendly to beginners.

     

    1. Coinbase

     

    Coinbase is the best app for buying crypto in the USA. It is one of the world’s largest cryptocurrency exchanges, with over 50 million users worldwide. The Android and the iOS app allows users to buy securely, sell, store, and manage their cryptocurrencies.

     

    Some of the digital assets listed on the app include Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and more. Coinbase also boasts one of the most secure apps for buying cryptocurrencies.

     

    1. Crypto.com : 

     

    Crypto.com is an Android and iOS app that allows you to buy cryptocurrencies in 49 states in the USA. You can use the application to buy or sell over 100 cryptocurrencies, track over 200 coins, deposit crypto to get an instant loan and earn up to 6.5% per annum on your crypto.

     

    Furthermore, the app offers a wallet that covers all your crypto needs and stores them securely. The app does not charge fees on specific transactions, nor does it have hidden spread mark-ups.

     

    1. eToro

     

    eToro is one of the best Bitcoin sellers in the USA. The crypto exchange has an Android and iOS app that allows users to open an account and enjoy zero commission when trading digital currencies. The application also lets users create a diversified cryptocurrency portfolio at no hidden costs.

     

    You can buy Bitcoin, Ethereum, XRP, and other top cryptocurrencies without deposit fees and seamlessly deposit and withdraw to and from your bank account. Furthermore, eToro has some of the best trading tools that let you create and customise your watchlist and receive technical analysis on cryptocurrencies.

     

    1. Gemini

    Gemini is an Android and iOS app that gives you a simple, elegant, and secure way of buying bitcoin and other cryptocurrencies. In addition, it has advanced tools that make trading crypto easy.

     

    For example, it allows you to create price alerts and get notifications on price movements, reschedule recurring buys, and build your crypto portfolio. The application also offers a crypto wallet that is secure and requires two-factor authentication for every account.

     

    1. Kraken Calendar: 

     

    The application has the best buying experience because it has all the popular cryptocurrencies, provides low fees for all buy or sell orders, and allows users to know the exact price of a digital asset before they buy or sell.

     

    Furthermore, you can use Kraken to review your past transactions, see your available balance before buying or selling and track your portfolio using a simple graphic interface. You will also get 24/7 support whenever you request it.

     

    1. Robinhood

     

    Robinhood is one of the best apps to buy crypto in the USA. Although it is an investment and trading platform for stocks, options, and funds, it also allows you to purchase cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE).

     

    The option to buy crypto is available through a feature called Robinhood Crypto. Furthermore, you can use Robinhood Crypto to manage your crypto assets with confidence since the app protects your coins and personal information. Robinhood is available for Android and iOS devices.

     

    If you are looking for ten legit Bitcoin apps in USA for buying cryptocurrency online in 2021, consider applications such as Coinbase, eToro, Robinhood, Kraken, Bittrex, and Gemini. Apart from Bitcoin, you can use the applications to buy other cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), Stellar Lumens (XLM), Paxos Standard (PAX), and more. In addition, the applications are ideal for crypto holdings, making deposits and withdrawals, and sending crypto to other wallets.