Author: Raluca

Internet has played an important role in revolutionizing communication. It was due to the internet that people all around the world were able to communicate among themselves smoothly. Apart from this major role, it was the internet that brings in the concept of online investment.

Internet was able to break down the barrier that was between traders and international trades. And was able to bring all the traders on one platform. With the subsequent increase in the internet use, it was able to expose the common audiences to the trade market. This made normal people interested in the international trade market.

Since then, online platforms have become very common for the traders. These online platforms have not only given the traders access to traditional assets, but it has also helped them to increase the asset classes.

The best part of these online platforms is that they provide easy liquidity function from multiple exchange platforms. If you also want to enjoy online platforms with easy liquidity, then you can visit the crypto engine website.

What is Crypto asset Management?

Cryptocurrency trade is already flourishing in the world. There are nations that have accepted the use of Cryptocurrencies in their nation. Applications like robo-advisors and Nutmeg are among some of the most used online platforms for the Crypto trade market. Recently, the collective trade evaluation of the robo-advisors and the Nutmeg reached a milestone after completing $1 billion in Crypto trade.

Cryptocurrencies are being used rigorously in the trade market. Hence, it has increased the demand for the tools for managing the Crypto assets. These Crypto asset management tools are getting quite popular due to its assistance with Crypto Asset Management.

With over $400 billion markets, Cryptocurrency is sure a heaven place to invest your capital.

How does Crypto Asset management work?

The regulation of the cryptocurrency in the market has improved quite a lot. But it is still a complex process to buy a cryptocurrency. The Cryptocurrency trade market is attracting new traders every day. This has created a need for managing tools to manage the Cryptocurrency trade portfolios.

Today, for the new traders, the first step of the trade is to find a Crypto wallet or e-wallet that can store the Cryptocurrencies they wish to trade. Then the next step is to find the best Crypto exchange route that allows Crypto exchanges of your Cryptocurrencies.

Once the trader is in the market with its Cryptocurrencies holdings, they need to aware other traders about their intention to make Crypto exchanges.

The companies have understood the importance of Crypto Asset Management tools. And have started working hard to prepare the most convenient tools for the traders. There are some companies that have come up with tools that can manage multiple wallets and accounts.

Tools like these have made the traders work easier. They can now manage all their portfolios from a single platform.

Sorting out Crypto Exchanges

The value of the Cryptocurrency transaction can only be authenticated with the transactional information. Once the transactional information is lost, the transaction becomes invalid. When the Crypto asset management tools were introduced to the market, it was a laborious job to keep tabs on each and every transaction. But after the Crypto asset management tools have been introduced in the market, it has become easier to keep tabs on your cryptocurrency transactions. With the help of the Crypto asset Management Tools, you can easily sort out your transaction and data in one place.

Conclusion

Crypto asset management tools are like a boon to the traders. These tools are helping the Cryptocurrency to increase their credibility. It might happen that with improved tools, Cryptocurrency may come close to the mainstream fiat currency.

PrimeXBT is a trading platform suitable for professionals, as well as novice traders, developed with a foundation of experience in traditional markets, which are currently experiencing record-breaking volatility.

Because of the platform’s roots deeply connected to the traditional market, although it got its start as a cryptocurrency exchange, it features a wide list of traditional assets, and the tools offered are more commonly found across traditional trading platforms.
This makes PrimeXBT a unique proposition for traders, especially during the current economic environment. Let’s find out if the trading platform is worth signing up.

 

What is PrimeXBT?

PrimeXBT, the trading platform is registered and based in Seychelles but caters to all global traders. And with so many assets to choose from, including forex, commodities, stock indices, and cryptocurrencies, the platform attracts all types of traders from all types of markets also.

The platform is safe, secure, and recently took home a number of Forex Awards and the ADVFN awards for Best Bitcoin Margin Trading Platform.
However, the platform is far more than just Bitcoin margin trading. Here’s all that PrimeXBT offers.

PrimeXBT Trading Tools

High leverage is among the main features of the platform. Up to 1000x leverage can maximize profits generated on forex, gold, and silver.

100x leverage maximum is supplied for crypto, commodities, and stock indices. Leverage lets traders gear their trades, turning tiny positions into large ones. 1000x turns the 0.001 BTC deposit into 1 BTC worth of trading power, for example. 

Leveraged positions can be taken across long or short trades, depending on which direction the market is trending. Stop-loss protection orders and take profits further maximize profit potential while keeping risk at bay.

The user interface is customizable via widgets and features multi-monitor support for professionals. Built-in charting software is also included with specialized trading studies available such as RSI, MACD, and more.

PrimeXBT Assets

The first assets the platform listed were cryptocurrencies Bitcoin, Ethereum, Litecoin, EOS, and Ripple trading against USD. Later, BTC trading pairs were added.

Following that, PrimeXBT took its traditional market experience and brought CFDs for stock indices, commodities, and forex currencies to the platform, adding so much more value to the overall offering.

Now, traders no longer need to log into multiple platforms to trade such a large variety of assets. Incredibly diverse portfolios are also now possible – an experience that is rare to find elsewhere.

 

More than 25 major forex currency trading pairs are included. This includes FX pairs for AUD, CAD, CHF, JPY, NZD, USD, EUR, SGD, RUB, and TRY

CFDs for stock indices include DOWJ, EUR50, FRANCE, GER30, SP500, SPAIN, NASDAQ, HK-HSI, AUS200, JAPAN, and UK100.

Commodities offered include BRENT, CRUDE, and NAT.GAS. Gold and silver are also available.

Registration, Deposits, Withdrawals, Fees, and Customer Support

PrimeXBT doesn’t require any KYC process to keep your personal details private. When you sign up for an account, the only requirements are to confirm your email address and make a minimum deposit of 0.001 BTC in order to start. 

Making a deposit is easy and secure. The platform generates a Bitcoin address for you to transfer BTC to. PrimeXBT also works with Changelly so that you can deposit in fiat currencies like EUR, USD, and even other cryptocurrencies. However, it all gets covered into BTC for trading, which is used for leverage collateral.

Before you can withdraw Bitcoin, each BTC address must be added to a whitelist prior to making the withdrawal. When you are done setting up the whitelist, you can withdraw Bitcoin to any address that has been confirmed during the whitelist process, preventing the funds from being transferred to an accidental or unwanted address. 
The platform also provides a 24/7 live customer support chat, a help center, and a company blog filled with useful information, updates, and guides.

Referral Program

PrimeXBT offers multiple referral programs.

The four-level system gives 20% back in commissions of direct referrals, however, what makes the program unique is that any new users the original direct referral makes also generate a commission on the original referrer’s referrals, up to four levels of earnings.
Direct referrals offer 20% commissions, while level 2, 3, and 4 earn 15%, 10%, and 5% respectively. Top earners have already made over 51 BTC according to the platform’s affiliate leaderboard. 
Attractive CPA offers range from a 70% rev share, up to $1,250 per trader signed up.

PrimeXBT Turbo

Turbo is a new product offered by PrimeXBT. It offers profits of as much as 90% in just 30 seconds. These short-duration Bitcoin contracts range from 30 seconds, 1 minute, and 5 minutes.

Incredible profits are possible in even just a day, however, a complete loss of capital is also possible. Be certain to practice using the free 1 BTC demo account before trying with your own capital at risk.

Is PrimeXBT Safe?

PrimeXBT has a solid reputation across the trading community, has partnered with many top traders for Q&As and other educational material, and has even won awards for the platform’s benefits.

Highly regarded platforms that win awards are always the safest bets, making PrimeXBT among the safest platforms. Bank-grade security and a number of protections keep client funds secure.

And with no KYC process, no personal data is never put at risk.

Final Thoughts

PrimeXBT has a feature for everyone and the largest variety of trading assets all on one platform. The advanced trading tools cater to professionals, while the easy to understand user interface is ideal for novices just getting started.
With more ways to make money beyond just trading, PrimeXBT is among the fastest ways to become profitable.
And with up to 1000x leverage across long and short positions on forex, commodities, stock indices, and cryptocurrencies there’s money to be made at nearly every turn. Register for PrimeXBT today – it takes less than 60 seconds and offers free demo accounts.

COVID-19 has caused a lot of important conversations and concerns over the past few months. Between government legislation, schools and universities closing, and workplaces changing procedures nearly every week, filing your taxes may be fairly low on your list of things to keep track of. However, as is the case with most industries having experienced rapid changes, so has important information in regards to filing your 2019 taxes.

This guide will help you stay up-to-date on important ways that the COVID-19 virus has affected taxes, such as HSAs, IRAs, and deadlines. While there are a lot of important things to keep in mind during the global pandemic, your crypto taxes are something you don’t want to forget about.

1. Federal Tax Deadline

Arguably the most important update to remember is the federal tax deadline for individuals and those that are self-employed has been moved. Instead of the typical deadline of April 15, 2020, the IRS will allow for deferment without interest or penalty up to 90 more days. That means July 15, 2020 is the new deadline to submit your 2019 federal income taxes.

According to the IRS, “Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief.” That means no additional paperwork is required and no need to worry if you weren’t able to file in time for the original April deadline.

While government officials have been considering other extensions for potential deadlines, July seems to be the one you need to know for now. As with all other topics during the pandemic, it is important to keep an eye out for any additional updates that may come as more information is gathered by officials.

2. State Tax Deadlines

Federal tax deadlines were not the only deadlines to be affected by COVID-19. Many state deadlines have been altered as well. State officials, of course, have reacted differently to the crisis in various states. So as you might expect, states’ individual tax policies often reflect those differences.

The state of California announced its state deadline will be the same as the updated federal deadline and will also postpone taxes and fees for 2020 LLCs. New York is also in line with the federal deadline. The state of Hawaii has extended their state tax deadlines beyond the federal date to July 20, 2020. 

To check how COVID-19 has affected your state’s tax policies you can refer to this list of state tax agencies. 

3. What About My IRA?

Overall, 2019 was not a bad investment year, however, if you didn’t get as much saved for retirement as you would have liked, there’s no need to worry! Along with the extension of the tax deadline comes the extension for 2019 IRA contributions. July 15, 2020 is also the date to remember for your contributions.

To avoid confusion, it is recommended that you contact the brokerage firm handling your IRA to let them know any contributions you make are for the 2019 fiscal year. 

If you aren’t sure what an IRA is or whether you have/want a traditional or Roth IRA, check out this article! Both are great options and despite the seemingly endless volatility on Wall Street, it is important to continue to think about retirement and what kind of investments will be best for you.

4. Health Savings Account (HSA)

HSAs have widely grown in popularity over the years and provide many Americans with the freedom of choosing how much they contribute each year towards future medical expenses. For many, an HSA is an excellent choice for a health insurance plan.

COVID-19 has been a reminder to many that saving for medical expenses is becoming increasingly important. Typically the maximum annual contribution for an HSA is $3,500 for a single individual. If you have dependents, your contribution limit will be higher of course. If you have not reached your limit for 2019 contributions you may continue those contributions until the new tax deadline of July 15.

 5. Time to File!

There is no doubt that the unprecedented nature of the COVID-19 crisis has caused unprecedented changes in almost every aspect of life. Now that you know how the virus has affected your taxes, it’s time to get them done. Make them as easy on yourself as possible. There’s no need to complicate your time more than you have to.

Here are a few suggestions and resources to help you simplify your taxes:

• FileThis helps keep track of your financial documents throughout the year.
• MileIQ can track your miles if you are self-employed.
• Mint.com can help you prepare to submit your investment portfolio.
• If you’ve diversified into cryptocurrencies, try TaxBit to weed through new crypto tax law.

 

Whatever you do, start sooner rather than later. You’ve got other things to think about other than your taxes.

Cryptocurrency is commonly used by many people for a number of different things. We will all have our own ways to use it, and the advantages that it brings when completing them. But what are the most common uses for cryptocurrency? 

Here we take a look at five common ways in which people spend using their cryptocurrency. 

#5 Low-Cost Money Transfers

The business world feels a lot smaller, with people from all over the globe connecting with each other. Anyone involved in this will know that bank fees are high for international payments, especially when currency is being changed over. Cryptocurrency takes all of that away. 

The fees when using crypto are tiny compared to the bank fees on international money transfers and if you are sending and receiving a lot of money then this will really add up over the course of a year. Using cryptocurrency completely eliminates that and saves you vital funds. 

#4 Storing Your Wealth

There will be stories from the business world you have heard about this. Traditional assets and accounts such as bank accounts can be frozen and investigated by authorities if they want to look into something further. 

This can cause real problems to your business flow, but with cryptocurrency you can avoid this. No one can access your crypto wallet without the key that you have, if you want to keep funds safe then this is how to do it. Providing you keep an eye on the latest cryptocurrency price predictions, you can manage funds properly and keep them safe. 

#3 Travel the World

Travelling, whether it is for business or pleasure, can all be paid for by cryptocurrency and many people are jumping onto this bandwagon. From hiring cars to booking flights and hotels, there are many agents who will accept Bitcoin and other types of cryptocurrency from you as a payment method for these items. 

This means no worrying about paying in other currencies, and if you already deal a lot in cryptocurrency, then you can simply use your earnings to pay for your next trip. 

#2 Private Transactions

Sometimes you may need to send a private transaction that you want to keep away from banks. This means no questions need to be answered and the best way to do that is to send the transaction using cryptocurrency. 

If you do this, there is no bank involved in any part of the process, and the funds can be sent and received between the two parties without anyone asking any questions. For privacy and security this is sometimes needed, and it is great that cryptocurrency allows it. 

#1 Gambling

There are many industries that have supported cryptocurrency since inception, and the gambling industry is one of them. Many sports betting sites accept cryptocurrency from players, and we now even have gambling sites that only accept cryptocurrency as is grows further. 

The relationship between gambling and crypto has always been very positive, it is simple and easy to use when betting and that makes it a great way to spend any crypto you have if you like to bet. From placing bets on the big sporting events to casino gaming and other forms of gambling, there are many ways to spend your crypto with a betting site. 

The Crypto Peer-to-Peer trading platform CryptoLocally has been hard at work delivering on its promises to add innovative coins to its platform. They partnered up with TRON and Binance X which resulted in the addition of 4 new coins (TRX, BNB, BTC, and BUSD) and now the platform recently announced the support of yet another coin. USDT-TRC20, the TRON-based variant of the leading stablecoin cryptocurrency Tether, will now be available to trade on their platform. With this new development, users of the P2P exchange will be able to leverage TRON’s scalable and near-feeless blockchain platform allowing them to move their USDTs faster and cheaper. CryptoLocally’s announcement seems to coincide with USDT-TRC20’s achievement of being the second largest issuance platform of Tether after overtaking OMNI recently.

What is CryptoLocally?

The team behind CryptoLocally aims to give its users the fastest and most convenient way to buy and sell cryptocurrencies. So far they have been delivering on their promise by offering a simple and secure platform where users can start buying and selling cryptocurrencies within minutes as it does not require users to divulge any personal information (no KYC needed). New users will be able to trade immediately after a simple registration process and email verification. In addition, transactions in the exchange are non-custodial and are protected by blockchain-based escrow service. This ensures that all transactions are protected from external and internal threats.

CryptoLocally’s relentless efforts to improve its platform and share its success with its users through its referrals program will further accelerate its tremendous growth. Based on what we’ve seen so far, this relatively new exchange seems to be on the right path to becoming one of the major players in the cryptocurrency exchange industry.

Why USDT-TRC20?

Stablecoins like USDT solve the risk of the high volatility of cryptocurrencies problem by ensuring that there is no substantial change of value during the transaction. There will be no need for additional charges to convert back to fiat and there are no other inconveniences associated with traditional finance. This leaves USDT users to only deal with fees and transaction processing time associated with the USDT blockchain itself. However, the older versions of USDT (OMNI and ETHEREUM) proved to be inefficient and expensive especially when their networks are congested.

TRON-based USDT solves the scalability and transaction cost problems. USDT-TRC20 tokens are a lot faster than OMNI and Ethereum variants. OMNI which is based on the bitcoin network can only process around 7 transactions per second while Ethereum based USDT maxes out at 25 transactions per second (TPS). In contrast, USDT-TRC20 can do 2,000 TPS which is several hundred times faster and more comparable with the processing capacity of traditional finance like VISA. 

Transactions fees are also a lot less compared to OMNI and Ether due to TRON’s unique regenerative resource allocation model that allows users to execute limited feeless transactions. Users who do not have enough resources for the feeless transaction can also pay with TRON’s own protocol token called TRX that functions like Gas for the Ethereum network. Transaction fees in TRON typically cost less than 1 TRX whose current value is around $0.016 USD. Transaction fees for USDT-TRC20 are so small withdrawal fees on some exchanges have been waived off.

Final thoughts

Listing USDT-TRC20 on CryptoLocally as a tradable asset is yet another positive step towards achieving its goal of offering the best trading experience for its customers. This is part of their continuous effort to bring more value into their ecosystem which has been fuelling their tremendous growth for the past few months. Their consistency in offering relevant and timely products and services is a clear indication of their commitment and has been a winning formula to stay ahead of the competition. 

Try for yourself and buy or sell USDT-TRC20 with your local currency now on CryptoLocally.com!

There has been a surge in people who play at online casinos and they have turned to the best crypto casinos and cryptocurrency to satisfy their need for excitement. Many players choose to play and stay at certain gambling sites because of bonuses and promotions. 

The majority of online gamers are on the hunt for the best online casino bonuses in at least three ways: the no deposit bonus, match deposit bonus, or free spins in the slot machines. Some casinos exclude cryptocurrencies in their offerings, while some gambling sites use cryptocurrencies as welcome offerings. Some brands even create special welcome games where players can claim cryptocurrencies. 

A Rundown of Cryptocurrencies Gambling Sites Use

The online casino industry is constantly changing with exciting, real money slot machines. What’s even better is they are being updated regularly. Along with this, you can fund your game in so many ways. Cryptocurrency has risen over the years, and there has also been a rise in crypto payment methods. This has led to many brands, like those gambling sites found on luckydice.in, broadening their range of payment methods to accommodate a plethora of different crypto options.

Bitcoin

Bitcoin is a giant in the cryptocurrency world, and many large online casinos trust it. A great advantage of using bitcoin is it is accepted and recognized worldwide. You are protected by Bitcoin because of its high trust value, and it is readily available. 

When you use Bitcoin for your online gaming, you will have the security as it comes with its own security features. The cryptocurrency is decentralized, meaning it is impossible to counterfeit or double-spend. You will have full control of your funds all the time. 

Ethereum

Ethereum is the second most stable cryptocurrency from Bitcoin. Ethereum has advanced tech and security features, which make it different from Bitcoin. It is perfect for players who want to hide their personal and financial information. Ethereum saw the creation of easier blockchain programs, which became widely accepted in the market. Ethereum made it possible to create currency in shorter time periods. Ethereum currency is popular among online casino players. 

Monero

Many players are seeking ways of payment that provide a high level of privacy and security. Monero provides anonymity in transactions online. The use of this cryptocurrency began way back in 2014 and has risen in popularity over the years. The identities of the users are protected by a series of signatures and hidden addresses. When it comes to safety and anonymity online, this cryptocurrency is the best choice for online casino payments.

Ripple

Ripple allows players to make withdrawals and deposits in larger amounts at online casinos. It is versatile and has a variety of offerings. Ripple is backed by banks all over the world and can be a cryptocurrency as well as an exchange platform. Compared to its alternatives, Ripple provides faster deposits and withdrawals, therefore is an ideal cryptocurrency to be used on internet casino sites. 

Litecoin

Litecoin is another player in the cryptocurrency world that provides fast transactions and security features. It is almost similar to Bitcoin since it is also accepted worldwide. It is also a popular payment method being used by online casino players. 

EOS 

EOS is a new player in cryptocurrencies, so you won’t be seeing it often in online casinos because it is not a popular payment option yet. When you do use EOS as a payment option, make sure that the casino operates with EOS and check specific games that run for EOS. The difference with EOS compared to other cryptocurrencies is the casino only holds on to the funds you are betting and never to your entire funds. Once the bet is over, your wins are directly deposited to your EOS account. EOS also gives you anonymity and security features. It can even allow you to play at EOS run casinos using your email only. 

Bitcoin Cash

Bitcoin cash is an offshoot of Bitcoin, and the reason for its existence is some computers didn’t accept the update to the original Bitcoin. What happened is they simply split the two: the original Bitcoin and the updated crypto coin now called Bitcoin cash. Online casinos also accept Bitcoin cash, and one of its advantages is faster transactions, ease of use, and cheaper transaction fees. There are also increased safety measures. 

Final Thoughts

Online casino gaming is fun and even more so now since payment methods have gotten a technological upgrade because you can bet with your cryptocurrency funds. You can have ease of use and play anywhere in the world. Cryptocurrencies are backed by next-level security measures, so you know that your funds are in a trustworthy system.

Perhaps these questions have crossed your mind at some point:

• Does a solution exist for money transfer (fiat money like the Swiss franc, Euro, dollar, etc.) from one country to another? 
• What can be the fastest and safest way possible? 
• How about money transfer (fiat money) or buying and selling in countries with money transfer issues? 
• Given the instabilities of the stock markets and the key changes in the growth and development process of technology, is there a method for safe investment and business? 

The intent of this article is to answer all these questions. 

Creation of a New Market 

Perhaps you know that development in technology and network communications has taken some huge leaps, and as such investment and business are not as they were in the past. There has been a paradigm shift. Traditional markets and physical communications are no longer as applicable as they used to be. It’s the same for physical marketing and commercials. The time for middle-men is over and people do their business smarter than in the past. 

As the new Blockchain technology came to fore in 2009, the cryptocurrency Bitcoin (which many of you may know or have even worked with) was introduced to the business world and has attracted the attention of investors and traders during these years. 

However, this was only the beginning, and as time went by many other services from this new technology were offered to users. 

A Platform that Stands Out

Let us introduce a different platform to you. A platform that utilizes similar technology to Bitcoin, and has many opportunities for growth and development. In this platform, you can find the answer to many of your needs. 

By using Blockchain technology and offering cryptocurrencies like Counos X, Counos Coin, etc., Counos Platform was born in 2018 in Switzerland and has been offering services to its users ever since. The decentralized exchange of Counos Platform was introduced in 2019 in the country of Estonia with the official permit and license number 14673576 and has official and legal offices in the European Union, including the city of Vienna in Austria, the city of Bratislava in Slovakia, and also in Estonia. 

Before going any further, you can refer to this link and make sure of the authenticity of this platform, which has been officially registered and has official and legal offices in the European Union and Estonia. You can also find out about the history of the users who used this platform, analyze its growth diagram, and invest with ease of mind. 

By offering services such as Counos decentralized exchange and legal escrow agent, Counos Platform enables its users to take part in money transfer and engage in their financial and commercial affairs with a guarantee and in the shortest time possible. 

Clarifying Some Things 

Using the Counos Decentralized Exchange to transfer fiat money. (you can refer to this link and find out about its authenticity and how it works) Cryptocurrencies like Bitcoin, Counos Coin, Counos X, etc., and fiat money like the Swiss franc, dollar, Euro, etc., which can be easily exchanged with one another, using Counos Decentralized Exchange, money transfer is easy. 

It must be mentioned that in order to transfer fiat money, it is better to use Counos X, because this cryptocurrency has better price stability compared to other coins and cryptocurrencies, and you can use this coin as the basis for your buying and selling operations. You can also benefit from this cryptocurrency by buying them for a lower price and selling them for a higher price, like buying and selling fiat money such as dollar and Euro. 

• So for instance, you need to transfer Euro from Europe to the United States as dollars. 

This can be done easily and safely, as fast as possible, using Counos Decentralized Exchange. You can do this by buying Counos X with Euro, or any other cryptocurrency (it is better to use Counos X because it has better price stability as a basis for buying and selling) and then sell this cryptocurrency to get the fiat money needed, which in this example would be U.S. dollars. In order to do this you can submit your offer in the exchange or use the existing ones, and then sell your cryptocurrency and get fiat money in exchange. 

However you need to be aware that in the existing market of Counos Decentralized Exchange, there is a multitude of offers for buying and selling that can be used, and also users can submit their own offers in the market to buy whatever they need. In addition, users can use their own personal accounts to receive or transfer fiat money. 

Crypto Wallet 

In this part, we want to introduce the crypto wallet or the electronic wallet. As the name suggests, an electronic wallet can be used to store cryptocurrencies. Each cryptocurrency has its own unique address that is only for you and no one else has access to it. Also if your only reason for buying cryptocurrency is investing in this field, then in order to store them you can use Counos electronic wallet that you have to install on your smartphone or computer. To find out about how you can install and work with Counos mobile wallet, please go to this link. 

In the Counos decentralized exchange, a multi-signature (MultiSig) wallet is implemented until the contract is done and completed. This step is taken to ensure that no exploitation takes place and also to improve the level of safety. The way MultiSig wallet works can be found in this link. 

Earning Money

You can see that many people need these services for business, buying and selling, and money transfer solutions, especially in countries where money transfer is faced with issues. So by identifying these people and using this technology, you can create an exchange for yourself, and by growing the range of users and transfers you can develop your own exchange. In this way, you can have a money transfer solution for yourself and also be able to earn money. 

• What are the advantages of this method of money transfer? 

First of all, you do this in the decentralized exchange with no Middle-men. 

The second point is that transfers are done in the fastest time possible. And the third point is that you transfer your money with ease of mind in a safe environment without the fear of fraud. 

• The other question is, how can you invest with your money? 

Our answer is that you can do business by buying and selling cryptocurrencies and fiat money in Counos Decentralized Exchange. 

When you buy and sell cryptocurrencies and exchange them to fiat money from anywhere in the world using Counos DEX, you can create an exchange for yourself and then develop it. 

For example, you are in the European Union, you can use this technology to transfer money and do business in the United States, Asia, and even Africa. 

• But you may be thinking, how can you earn money from this? 

The way this market works is based on supply and demand. You buy your cryptocurrency, like Counos X, and then submit your offer in the market of Counos Decentralized Exchange with a competitive price to sell your cryptocurrency. In this way, you can earn money through a simple buying and selling process. 

There is a lot of demand for money transfer services, so you can take advantage of this opportunity and create your own exchange. With respect to the current financial conditions, using the money transfer solution that we offer has many clear advantages. 

Another major advantage of using Counos decentralized exchange is that you can engage in deals with people you don’t know or trust, with complete assurance and with ease of mind. The way this safety is provided is by using an escrow agent in trades to review the documents, and also by using a MultiSig wallet which will need at least two private keys to release the funds. 

Also, if you want to do your business affairs anonymously, you can use the crypto to crypto trades decentralized exchange, and engage in trades with not Middle-men and in an anonymous way. 

Today’s world moves ever closer to becoming a network. When the stock markets of the world and the United States fall into mayhem for a seemingly small challenge like a virus, then there is the need for an evolution in the financial systems. 

• We should consider this fact and turn threats into opportunities? 

By using the new Blockchain technology created by Counos Platform, this possibility for users to not only meet their needs but also to be free from bureaucracy and Middle-men now exists. You can engage in financial trades and invest with even a modest budget instead of just saving. 

It needs to be pointed out that you can engage in the long term and also short term investment. Instead of buying gold or currencies or shares, you can buy a variety of cryptocurrencies (like Bitcoin which was 0.001 dollars back in 2009 and got to 12000 dollars in 2019), or create an exchange for yourself and engage in buying and selling and transferring currencies. 

Among the services that are offered by Counos Platform is its electronic payment gateways with which you can use cryptocurrencies to settle invoices in electronic markets and online shops (an article will soon be published about this). 

Final Remarks

There are different investment opportunities available in the market, so why should you choose this one? 

Keep in mind that the most important thing when it comes to trusting a platform is knowing what that financial platform sees in its own future, and what it has done to achieve its goals. For example, a platform that is not listed on any official exchanges cannot really be trusted. Therefore, you should look for a system with a bright future. 

In this article, our aim was to introduce to you a money transfer solution so that you can make money and benefit from it. This system is growing more and more each day throughout the world.