Finance Tech

Cryptocurrencies are a hot investment right now, as they’ve shown tremendous growth in recent years. However, with so many different cryptocurrencies, it can be tough to know which ones are worth investing in. Whether you’re an individual looking to get in on the cryptocurrency craze or a seasoned investor looking to add some new digital assets to your portfolio, here are six leading cryptocurrencies that you should consider buying in 2022:

Bitcoin

Bitcoin is the original cryptocurrency, and is still the most well-known and most valuable, with a market cap of over $1 trillion. As with most cryptocurrencies, Bitcoin runs on a blockchain, a decentralized, digital ledger that records transactions.

However, Bitcoin also has other features that set it apart from the rest. For example, it’s known for having some of the fastest transaction speeds in the industry, and its creators remain anonymous; a rarity among cryptocurrency developers.

Tether

Tether is among the upcoming digital currency trends in the U.S. and is quickly gaining foot in the international market. Its increased usage in recent years is attributed to stable world currencies like the U.S. dollar, UK pound, and the Euro. For this reason, Tether is considered a stable coin and is a great choice to invest in if you’re looking for a digital currency that is not as volatile as Bitcoin. Visit here to learn more about how to buy tether.

Ethereum

If you’re looking for an investment that has the potential to generate high returns, Ethereum is a cryptocurrency you should consider investing in. Often referred to as the world computer, Ethereum is a decentralized platform that runs smart contracts. Its popularity is due to several factors, such as its innovative technology, scalability potential, and a strong community of developers backing it.

Binance Coin

Binance Coin is the native cryptocurrency of the Binance exchange. It was created to be used as a payment method on the Binance exchange and can be used to pay fees and trade a variety of cryptocurrencies. Binance Coin has performed exceptionally well since its launch, providing investors with high returns. Today, Binance Coin is used for trading, booking travel arrangements, and payment processing, besides facilitating trade on the Binance exchange.

Dogecoin

Dogecoin is a Bitcoin fork that was created in 2013 as a joke, named after the popular Doge internet meme. Dogecoin started as a fun and friendly cryptocurrency but has since grown to become one of the most widely used cryptocurrencies. Today, Dogecoin is used for tipping content creators, online gaming, and charitable donations.

Cardano

Cardano is a decentralized blockchain created by the crypto company Input Output Hong Kong (IOHK) and led by Charles Hoskinson, former co-founder of Ethereum. Cardano’s coin, ADA, is one of the most promising cryptocurrencies due to its technological innovations, such as Plutus and Marlowe, which make it an innovative contract platform that rivals Ethereum.

Crypto investing is a speculative and high-risk endeavor. However, if you do your research and invest wisely, you could see substantial returns on your investment. The six cryptocurrencies we’ve mentioned above are worth considering for your portfolio in 2022.

 

 

 

 

Supplemental Security Income (SSI) is a monthly public benefit paid through the U.S. Social Security Administration. SSI benefits are paid on the first of the month. The monthly maximum federal amounts for SSI for 2022 are $841 for an eligible individual, $1,261 for an eligible individual with an eligible spouse, and $421 for an essential person.

An essential person is a helper who lives with a recipient of SSI and provides essential care to the SSI recipient. A person is typically able to get SSI if their resources are worth $2,000 or less. A couple may get SSI if their resources are worth $3,000 or less.

SSI pays benefits to adults and children with a disability or blindness who are on a limited income and have resources below specific financial limits. SSI also pays benefits to people 65 and older without disabilities who meet the financial qualifications. An individual may be eligible to receive SSI monthly payments even if they are already receiving Social Security disability insurance or retirement benefits.

How to Qualify for SSI

In order to be eligible for SSI, a person must:

• be either a U.S. citizen or national or a qualified alien
• reside in one of the 50 states, the District of Columbia, or the Northern Mariana Islands, and
• not be absent from the U.S. for a full calendar month or 30 or more consecutive days.

The medical standards for a disability that qualifies a person for SSI are generally the same as those that qualify a person for Social Security disability insurance, if the individual is 18 or older. For children, from birth to just prior to age 18, there is a separate definition of disability under SSI. The medical standard is based on the severity of a person’s disability. Financial need does not factor into the determination.

A person can apply for SSI by applying online with the Social Security Administration or calling 1-800-772-1213. A local Jefferson County divorce attorney can help with an SSI application by completing the application for the individual and collecting information for their claim. An attorney will also review the application prior to submission. They can be present when the applicant meets with Social Security officials.

How SSI Differs from Social Security

• SSI benefits are not based on an individual or their family member’s prior work.
• SSI is financed by general funds of the U.S. Treasury rather than Social Security taxes collected under the Federal Insurance Contributions Act (FICA) or the Self-Employment Contributions Act (SECA).
• In most states, including Alabama, SSI recipients are eligible for Medicaid. Medicaid pays for healthcare costs such as doctor bills and hospital stays.

76% of Americans say they regret at least one thing in their financial lives. If you regret anything, we don’t want it to be not having saved enough.

But how can you make sure you are saving enough based on your monthly income and household costs?

Don’t worry! We have your back! This article has everything you need to know about how to make a personal budget.

Add Up Your Personal Expenses

Before you can make a budget, you need to go through your bank statements, credit card bills, cash spending, and other bills to add up what you spend on a monthly basis.

Do not leave a single number out to make sure you are budgeting for everything.

Determine What You Can Cut Back On

With the number you come up with, you are creating a list of expenses. And with that, you can go through to see what you can cut back on.

For instance, you could potentially cut back on dining out, decorations for the home, and toys for your dog. You could maybe even cut back on how many groceries you buy if you see that some are going to waste by the end of each week. You can’t, however, cut back on your health insurance bill or car cost along with some other bills.

Most people don’t know that their life insurance can be one of their most valuable assets. In fact, for those that no longer want to pay premiums on their policy, a life settlement is a fantastic way to gain access to cash in times of need.

Consider Alternatives to Costs

There are few household expenses that may seem unnecessarily expensive. If that’s the case, you should go through and see what you could save money on.

Instead of buying paper towels every week, could you buy reusable paper towels and wash them instead? Instead of having to pay a crazy high electric bill, would you consider going green and adding solar panels to your home?

If so, you can discover more about solar.

Think About Savings and Investments

Based on your monthly income and household expenses, you need to think about how much is leftover for you to put into savings or invest.

While it may not seem necessary in the moment, you are saving for the future: That trip you have always wanted to go on, a future kid, and your future child’s college fund. You may even be saving for a wedding or an unexpected accident. Whatever it is, savings are vital.

While many sources say to save about 20% of your monthly income, it doesn’t need to be that high. If you can only save $100 a month, do it. The most important thing is that you save every single time you can.

And when you can, investing your money will set you up for the future as well.

Now You Know How to Make a Personal Budget

Knowing how to make a personal budget can make or break your financial situation. Once you know how to budget, you are better able to save and invest your money for the future.

Love this article? Check out more on the blog.

Making money in the digital currency world is a hot topic right now. With Bitcoin and other cryptocurrencies reaching all-time highs, more and more people are looking to invest in this new form of currency. But how do you get started? In this blog post, we will discuss the basics of crypto investing and provide you with some tips on making money in the digital currency world.

What is crypto investing, and how does it work?

The process of purchasing cryptocurrencies such as Bitcoin, Ethereum, and Litecoin to profit from their future price gain is known as crypto investing. Cryptocurrencies are digital assets that encrypt their transactions and utilize cryptography to control the generation of new units. In 2009, the first and most well-known cryptocurrency, Bitcoin, was founded. Cryptocurrencies are frequently exchanged on decentralized exchanges and can be used to buy and sell products and services. However, cryptocurrency investing entails a significant level of risk due to the high volatility of cryptocurrency values. On the other hand, some investors believe that cryptocurrencies have the potential to become more stable and profitable in the future.

The basics of Bitcoin and other cryptocurrencies

Cryptocurrencies are decentralized digital assets that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services.

What are the benefits of crypto investing?

Cryptocurrency investing has grown in popularity due to its tremendous profit potential. However, cryptocurrencies are still in their infancy, and their prices are quite volatile. Therefore there is still of possibility for price growth. Furthermore, unlike traditional investments, crypto investing provides privacy and decentralization.

What are the risks of crypto investing?

Crypto investing is a high-risk investment due to the volatility of cryptocurrency prices. In addition, there is the risk of fraud and theft associated with digital currencies. Therefore, it is important to research any platform or currency before investing and only invest what you can afford to lose.

How to get started with crypto investing

If you’re interested in getting started with crypto investing, there are a few things you need to do:

First, you need to choose a platform or exchange where you will buy and trade cryptocurrencies. Some popular exchanges include Coinbase, Kraken, and Binance.

Next, you need to set up a wallet to store your cryptocurrencies. A digital wallet is like a bank account for your cryptocurrencies. You can use an online wallet or download a software wallet to your computer or mobile device.

Finally, you will need to purchase some cryptocurrencies. You can do this by using a credit card, bank transfer, or other payment methods on a cryptocurrency exchange.

The future of crypto investing

Crypto investing is a new and exciting way to make money, but it is also a high-risk investment. Before getting started, be sure to research the platform or exchange you will use, the currency you want to purchase, and the risks involved. With careful planning and research, crypto investing can be a profitable way to earn money.

 

DeFi is considered one of the next big things in the tech world and could revolutionize the way we use the web. Yet many are still unfamiliar with the term and what exactly it means. DeFi is shorthand for decentralized finance. In essence, this means finance without needing any traditional financial institutions or governments. It goes beyond a mere cryptocurrency, as DeFi overall aims to replicate all the power and functionality of the banking system but in an open and permissionless way.

In theory, many people can be onboard with DeFi especially when we’ve seen the excesses and corruption in the traditional banking industry. The global financial crisis of 2008 was caused by the irresponsibility of bankers, but a decentralized system removes the human, fallible element. Yet while there are issues with the old system, it was at least possible for some regulation, which is much harder in the DeFi world. This has unfortunately meant the technology has a huge problem with being used for scams by fraudsters and criminal organizations.

Yotam Dar, a blockchain expert, puts it perfectly, “In many ways, blockchain and DeFi’s greatest strengths also serve as its greatest weaknesses, which makes investing in this industry a risky proposition.”

In this article, we will explore further his explanations for why DeFi is a risk, and what he suggests to do in order to stay safe.

What makes DeFi perfect for scammers

The nature of a decentralized platform means it is much easier to maintain anonymity. At banks, you need to provide lots of documentation to prove you are who you say you are. This isn’t true for all DeFi exchanges. Even if the platform verifies who you are, they currently don’t share such information with law enforcement.

A transaction using the blockchain is irreversible and immutable. In traditional finance, if you see a transaction in your bank statement that you didn’t expect, you can alert their fraud teams who are often able to recover the money and put a flag on the fraudulent account. This option doesn’t exist in DeFi. Once the money has left your account, it’s gone and the record is written in the blockchain. There’s no way to get the money back unless you are somehow able to convince the other party to return your money willingly.

It’s very difficult to know if the other party in a transaction is who they say they are. One common scam is called a “rug-pull”. Fraudsters will pretend they are creating a legitimate product and have professional-looking sites backed by marketing campaigns. They’ll only accept money in cryptocurrency, though, and they’ll soon disappear without any product ever being delivered.

Lack of regulation

In the years leading up to the global financial crisis of 2008, the big financial innovation was the widespread use of derivatives. This meant poor quality assets such as subprime mortgages could have greater worth than the properties they were back by. In hindsight, this was an obvious recipe for disaster but at the time, the product were so complex that regulators failed to understand what was happening in time and the rest is history. People were unwittingly sold worthless assets, and many lost huge amounts of their life savings.

The same situation could be happening today through DeFi. Money is flocking to the system before most people even understand what it is. The financial regulators have been so focused on cleaning up the traditional banking system that the crypto innovators have a huge head start. Regulators will struggle to keep up with the rapid pace of innovation that is occurring in all manner of DeFi assets such as NFTs.

As there isn’t one body responsible for DeFi technologies, then it can be difficult to legislate against and even harder to enforce. If the technology is out there by definition, no centralized body can interfere else it would distort the blockchain and users would flock to a competitor. If regulators decided there were too many scams using Bitcoin, they would have nobody who they could work with to force them to introduce fraud prevention protocols.

Hackers delight

Bitcoin and Ethereum are perhaps the best known DeFi technologies, but there are many more alternatives out there. Many of these platforms overpromise on both returns and security. They tell potential customers that they can earn significant amounts whilst also being 100% secure.

This has been proven tragically wrong in several cases. For instance, the Poly Network was hacked and $600 million stolen, which is a number far beyond what many of us will ever see in our lives. Perhaps the worst part about the attack was that most of the money was returned after. This meant the hackers did it for fun and were able to steal such an enormous amount of money. One might think they barely had to even try. Imagine what would happen if hackers with greater malintent prioritized scams on DeFi as more money flows into the system. It’s clear the blockchain has many security flaws that hackers can expose.

Veteran crypto investor Matthew Roszak expects the market to be worth $800bn in 2022. It’s possible many hackers who currently target traditional finance will see the success of the Poly Network hackers and the size of the DeFi market and decide it’s a wise area for them to invest their time in to maximize their criminal income.

How to stay safe

It’s not all doom and gloom and there are many bright minds dedicated to making the network more secure, even if there are others acting with the opposite intention.

The first thing you need to do is approach DeFi with a healthy level of skepticism. Don’t just take a platform’s claims at face value and if someone asks you to transfer money through an anonymous system, do not be afraid to ask them for traditional finance details if that makes you feel more comfortable.

For each individual platform, you use, do additional research and seek credible resources from websites you’ve used in the past. Make use of your network and ask people who you trust whether they have any experience with the platform you wish to use.

The important thing is to not become too eager and leave yourself vulnerable to scams. Practice safe internet safeguards, such as using secure passwords and multiple-factor authentication when you can.

If you feel confident, start with small amounts of DeFi before plunging in. It could be the future of the entire financial system.

 

Man, who can’t appreciate the wonders of technology? Its integration into everyday life has afforded people modern conveniences that were once unimaginable. Technologies such as the internet have removed geographical barriers and made everything from entertainment and communication to goods and services easily accessible. Essentially, all you need is an internet-capable device and a solid connection, and it would seem that anything is possible.

Technology in Banking

Naturally, the many advantages and uses of modern technology make their way into the world of banking. Financial institutions have adopted platforms, strategies, and services with the primary goal of providing their customers with convenient ways to manage money, reach goals, and achieve optimal financial health.

ONE Offers Tech Solutions

As the needs of consumers continue to evolve, banks like ONE step up to the plate offering comprehensive solutions such as those listed below.

User-Friendly Banking Platforms

ONE account holders have immediate access to secure, user-friendly banking platforms where they can review detailed information about their financial accounts. Customers can create an online account to check account balances, transfer funds, create sub-accounts, track savings goals, share with others, and access other financial management tools and services.

Mobile Banking Services

Today’s consumers are always on the go and, therefore, heavily dependent on their smartphones and mobile devices to complete everyday tasks. ONE offers mobile banking solutions that enable customers to bank no matter where they are. Whether transferring money to savings or depositing a check, account holders can complete these transactions day or night.

Pockets

More than depositing funds, paying bills, and managing business transactions, ONE offers its customers tech solutions for better financial management. Pockets are best described as sub-accounts that customers can create, categorize, and divide their money into, which many customers use for more efficient budgeting. Each pay cycle, they can allot money for gas, groceries, utilities, savings, and discretionary spending to ensure they remain on target with reaching goals.

Lines Of Credit

When managed effectively, borrowing funds can actually work to improve your finances and credit status. ONE realizes the significance of this for its customers and extends its services to providing lines of credit for eligible account holders.

Customers can apply with the click of a button and not worry about any surprise fees. Simply agree to the low 12% APR (cheaper than most short-term loans, lines of credit, and credit cards) and gain access to extra cash when you need it most. The best part is that the line of credit can be accessed, managed, and used virtually anywhere by simply accessing your online account.

Credit Builders

ONE didn’t stop at offering lines of credit to eligible customers; the financial institution also wanted to assist consumers with less-than-stellar credit. That’s where credit builder options come into play. ONE customers could use everyday transactions to boost their credit scores over time. Accountholders could deposit funds into a credit builder and use it to pay for everyday goods and services. ONE holds the funds and submits it as a monthly payment which gets reported to the three major credit bureaus, creating a positive payment history.

Shared Accounts

Household dynamics have changed over time. In the beginning, a married couple might share a joint bank account to manage bills and build savings. These days, it could be a boyfriend and girlfriend, roommates, or even an elderly parent and adult child that collaborate on household finances.

ONE recognizes this and accommodates its target audience by offering shared accounts where individuals can share their financial details with spouses, children, roommates, or whomever they wish. The customer and individuals they share the account with can both add funds, review the balance, and spend money instantly.

Technology is everywhere. It’s directly or indirectly involved in everything we do. Ultimately, it only makes sense that technology would also be integrated into the US banking system. As consumers have grown accustomed to accessing virtually anything online, people look to have a bank to accommodate their needs. Although there are plenty of banks out there, ONE stands out as an institution that can keep up with the growing demands of the tech-savvy consumer.

 

Blockchain and cryptocurrency have been buzzy words over the past few years to say the least. From headlines about the sale of internet meme NFTs to the tune of thousands of dollars to the rise and fall of the cryptocurrency Dogecoin, it can be easy to brush off blockchain technology as another strange internet trend and nothing more.

As fun as it is to laugh at the absurdities that have appeared as a result of blockchain, the technology can go further than many give it credit for. A number of studies have found that implementation of blockchain technology can positively affect a large number of industries, saving money, increasing efficiency and raising performance overall.

Current estimates have found that investment in industrial blockchain will have reached $11.7 billion by 2022. Digital currencies such as Bitcoin and Etherum have played a large role in pushing this technology to the forefront, and there are now more than ten thousand cryptocurrencies and 50 million blockchain wallets in use worldwide.

Although the technology is still relatively new, it is already having a large influence on a wide range of industries, and the market will continue to mature over the course of the next year. According to Mark Hauser, a private equity investor and fund manager with over three decades of experience, there is ample room for growth in the blockchain industry in 2022. The technology promises to bring about profound changes in practically every sector, but its influence on banking, money transfers and decentralized markets will be some of the most intriguing.

Increasing cryptocurrency sustainability

One of the biggest obstacles to cryptocurrency is that mining it is highly energy-intensive. Bitcoin – currently the largest cryptocurrency – uses proof-of-work to confirm transactions and add new blocks to the blockchain. However, the competitive validation method requires large amounts of energy to perform the associated computations; a single bitcoin block may consume the amount of energy equivalent to that of an average American household over 72.2 days.

Detractors have pointed to environmental impact as a major flaw in blockchain technology, and 2022 will likely see further attempts to remedy this. One option is the cryptocurrency consensus mechanism proof-of-stake, which relies on owners using their own tokens as collateral to validate transactions, removing the extra energy needed to prove trustworthiness and reducing the overall energy consumption substantially as a result.

Proof-of-stake isn’t the be-all, end-all solution to the sustainability issues with cryptocurrencies, it is a step in the right direction, and while Bitcoin has yet to make the switch one of its biggest competitors Ethereum has. Ethereum 2.0, also known as Serenity, is an upgrade to the company’s blockchain that is amongst other focuses such as increasing transaction capacity and reducing fees aimed at making the network more sustainable.

With Ethereum making these moves that Bitcoin has yet to address, there is a possibility that the latter will lose at least a portion of its market dominance. In order for the industry as a whole to move forward, 2022 will have to see further advancements in increasing sustainability for all cryptocurrency players.

Regulating decentralized finance (CeDeFi)

The next year will see the cryptocurrency market mature further as a genuine asset class as regulations create clarification and encourage participation rather than restricting it. Known as centralized decentralized finance (CeDeFi), it has the potential to address the growing concerns surrounding regulation and compliance in relation to cryptocurrencies.

The concept of decentralized finance is for many the appeal of digital currencies, but centralized decentralized finance provides the best of both worlds, allowing corporations to explore this innovative technology while still meeting conventional financial regulatory standards. Global payments can be revolutionized as never before through these protocols which are more rapid, affordable and accessible.

Binance, currently the largest cryptocurrency exchange in the world, announced in 2021 the integration of decentralized finance with its centralized platform known as Binance Smart Chain. This move was seen by many as signaling the beginning of mass adoption of decentralized finance and crypto.

Centralized decentralized finance is not a competitor with other blockchain projects in the financial landscape. Rather, it is a way for other industries that may have been otherwise hindered by regulations to take advantage of blockchain’s innovative technology.

GameFi and the metaverse

While decentralized finance may be the leading blockchain technology in terms of total value, blockchain gaming growth is on a much faster pace. An easier concept for many to wrap their head around than DeFi, GameFi is a subset of the metaverse in which game developers are using blockchain to become more linked to the virtual world.

GameFi involves tokens granted as rewards for performing game-related tasks such as winning battles, mining precious resources or growing digital crops. While this may sound like many games that have already existed in the past, the difference lies in the fact that GameFi tokens are designed to work as full-fledged cryptocurrencies, meaning that players have the ability to convert tokens won in-game to cash. This also means that like other cryptocurrencies these tokens can vary in value, with the popularity of a game directly affecting its token’s value.

The number of blockchain games doubled over the course of 2021, and in the first week of January alone the top 10 of those games handled more than $841 million in transaction volume. Early investments in a metaverse token in 2022 may be the equivalent of Bitcoin investments in its early days.

About Hauser Private Equity

Currently partnered with over 50 private equity funds, Hauser Private Equity is a hybrid private equity fund manager that focuses on direct co-investments in the lower-middle and middle market. Headquartered in Cincinnati, Hauser Private Equity also has operating offices in Chicago and Los Angeles, partnering with control buyout funds and discerningly with managers of growth equity and special situation funds. It focuses on companies in the healthcare, financial & business services, industrials and consumer goods verticals and to date has invested over $300 million in capital in innovative privately-owned businesses. The firm was founded by co-managing partner Mark Hauser as a continuation of the success he had achieved with Hauser Capital Partners.

About Mark Hauser

Mark Hauser is founder and co-managing partner of Hauser Private Equity, a private equity fund manager and co-investor. With over 35 years of investment and operating company experience, Mr. Hauser has built a trusted operation where he focuses on capital formation and investment selection.

Mr. Hauser has had a prolific career in business and investment banking. After earning a Bachelor of Science degree in business administration with a major in finance from Miami University, he soon earned the position of vice president at Reynolds Dewitt Securities. At the investment services firm, Mr. Hauser played a significant role in the public offerings of many companies including Future Healthcare, Health Images and Mid-American Waste Systems.

He has served on the board of directors for a number of companies related to consumer goods and food & beverage brands, and has also held board positions for government-contracted security & defense, digital advertising and textile manufacturing businesses.

Additionally, for over 25 years Mark Hauser has led HAUSER Inc., a national risk advisory and insurance brokerage firm. Formerly known as The Hauser Insurance Group, Mr. Hauser was instrumental in transforming the company from a local insurance agency into a national full-service brokerage firm.

 

Who doesn’t want to get a forex trading bonus?

You should admire how incredible it’s far to obtain extra rewards on top of normal pay or earnings. The same is proper in Forex.

Most Forex market agents provide bonus programs to draw greater investors and assist them in building a dating primarily based purely on mutual rewards. However, different forex bonuses programs follow exclusive structures on the way to affect the real reward you receive and the way you may use it.

What do you mean by Forex Deposit Bonus, And How Does It Work?

A deposit bonus is a repayment given to a dealer for signing up for a specific broking. The bonus can range from 10% to a hundred% of the deposited amount plus a few extra incentives, relying on the broking. In addition, some programs may praise traders with a one-time welcome bonus (anywhere from $20) after they sign up to the platform and make a minimum deposit.

To get hold of an advantage, you must first fund your account. How soon you receive the bonus may also take a few hours or days, something you also want to don’t forget. This is mainly real in case you’re eager to begin trading.

All deposit bonus applications require you to make a minimal deposit before receiving your praise. Some agents provide a truthful arrangement of a minimum $100 deposit, while others require you to fulfil certain conditions to earn your deposit bonus.

What are the benefits of deposit bonus packages?

Some Forex agents offer a no-deposit bonus, wherein you don’t want to deposit to receive a tradable bonus.

1. Bigger trading capital or Equity 

Let’s say you provide your account with USD1, 000 and the bonus are at 30% upon deposit. So it’s a further USD300. So this approach, your basic fairness is now USD1, 300.

You can then exchange this amount without the accelerated danger. After all, the greater USD300 is your bonus. Moreover, if you manifest to make a triumphing alternate, you earn extra benefit from the money you deposited.

If you boom the amount of your preliminary deposit, you may also maintain greater positions and exchange larger lot sizes.

1. Increased leverage

The higher the function length, you may exchange more capital for your account. This will increase the chance of earning larger profits. Who doesn’t need that?

Because a part of the equity you trade is your bonus, you can leverage your role at an extra advantage than if you’re simplest the usage of your price range. This eliminates a piece of the chance that usually comes with expanded leverage.

1. Lower preliminary investment on Forex 

For instance, Fullerton Markets only requires a minimum deposit of about USD100 so that it will earn a bonus starting at 30%. If you have enough money and need to open greater positions, increase your deposit to USD1 000 or more.

1. Enable thorough checking out of a buying and selling platform’s overall performance

Suppose you, in reality, need to test out a buying and selling platform’s overall performance. In that case, the minimum deposit blended with the deposit bonus will provide you with enough price range to explore.

If you want to trade on the Forex market, select a reliable platform like fxtm. It is one of the exceptional systems to do alternate on Forex. To understand its functionalities, you should look at the fxtm review online to acquire information.

 

Fintech is a big word that gets thrown around a lot these days. It’s not just banks and financial institutions that are noticing the explosion of new technology, but also venture capitalists like Dan Schatt and insurance companies and service providers. However, the term fintech is predominantly used to refer to financial services firms that employ technology in their core business functions.

Here are five things you should know about Fintech:

1) Fintech is revolutionizing financial services.

Fintech is changing almost every aspect of the financial services model (and other industries to boot). To name just a few examples: Robo-advisors like Betterment and Wealthfront are now taking thousands of clients offering automated investment advice. BillGuard monitors spending across different accounts, recognizes potential fraud early, and helps users avoid fees. Kabbage makes working capital available in minutes with an automated, mobile-first process. Companies like Zenefits reduce the cost and complexity of managing payroll, benefits, and HR for customers (like Starbucks) who previously had to visit multiple providers (in person) to do it themselves. OnDeck provides access to capital in hours through its online marketplace rather than weeks that the traditional bank model demands. Factom uses blockchain technology to provide banks with an immutable record of their customers’ identities to comply with KYC regulations and reduce fraud more efficiently. And companies like Yodlee are offering alternative data sources that help financial institutions better understand their customers so they can offer them personalized products, services, and recommendations. Now is the time to get involved.

2) Fintech firms are both product and platform companies.

Most fintech entrepreneurs understand that you can’t just build a great product or service but instead need to build an entire supporting ecosystem around it. This means forming partnerships with other innovators in your space, as well as working with partners in adjacent spaces.

3) Fintech is a global phenomenon with enormous potential for growth and impact.

Fintech is exploding worldwide, not just in the United States, where most people think of it as primarily happening. Banks, insurance companies, and service providers throughout Europe, Asia, Australia/New Zealand, Latin America, and the Middle East invest deeply in fintech initiatives.

4) No one knows how it’s going to play out.

Anyone who claims to know exactly how the future of financial services will look is speaking from either a position of naivety or arrogance. We’ve seen this story before (in fact, we saw it with PCs in the 80s and early 90s, with PCs in the late 90s and early 2000s, and again with social networking in the mid to late aughts)—the innovators always seem clueless about what’s going to happen until it happens. The challenge is that all of this technology makes incumbents’ business models vulnerable—which means they are fighting back. This is why we’re seeing the emergence of fintech innovation labs and accelerator programs, as well as startup investing required to partner with/be acquired by incumbents.

5) Fintech firms represent a once-in-a-generation (or more) opportunity for entrepreneurs and investors alike.

The opportunities for traditional players like financial institutions, insurance companies, and service providers to innovate are massive. However, they won’t succeed unless they partner with or acquire fintech startups, so the competition to partner is fierce.

 

Hard Money Lending is an essential service; therefore, it is run by trusted organizations. However, some fraudulent organizations have tainted the image of the industry by swindling vulnerable customers.

Every day, people in Washington D.C are in the quest of looking for hard money lenders they can trust. It is with this backdrop that we carried out research and found Hard Money Bankers to be the best around.

Here, we’re sharing the things we observed, and you can note them as things to look out for before you trust a hard money lender.

Transparency

An honest hard money lender is transparent. Therefore, if a hard money lender keeps bringing up unannounced fees or can’t answer your questions affirmatively, then, it is likely you’re dealing with a fraudster and not a legitimate lender.

A legitimate lending corporation is transparent to customers, you can see all their moves. They also do not keep bringing up irrational fees or anything of that sort.

Upfront Fee

Where a hard money lender asks a large upfront fee before the process is completed, it is most likely only interested in scamming you of your money. Requesting for some payment before the contract is executed is not the issue.

In some instances, legitimate traders could ask for a fee to protect themselves from any loss before the contract is executed. However, the fee legitimate traders request is usually small, and where an upfront fee is large, it hints at an intention to defraud you.

Online Reviews

A basic online search can tell you so much about a business. Search online for reviews and comments about the hard money lender and filter through the results for relevant reviews. The best place to get honest feedback about the lender’s services is from people who have patronized them before.

Even though you might not know anyone who has done business with the organization personally, the internet has provided online reviews for everyone to meet and share experiences. Before you do business with any hard money lending firm, make sure you do your research, so you don’t end up with regret.

Ridiculously Low Rates

A characteristic of Hard Money Loans is that they are high-interest loans. This characteristic is well known and has been justified because the loans are short-term loans and they can be processed very fast, unlike a loan from a bank.

For that reason, a hard money lender that has ridiculously low rates is most likely a fraudster because high rates are an integral part of the trade. It is reasonable to assume that a lender with low rates is only using them to attract vulnerable customers that would eventually be scammed.

Interestingly, Hard Money Bankers checked these boxes and other criteria we used to examine money lenders in Washington, D.C. This financial institution is a hard money lending organization based in the US and provides hard money loans to Americans through a smooth, fast, flexible and transparent process.

If you’re interested in getting a hard money loan in Washington DC, we highly recommend that you contact Hard Money Bankers to obtain the loan.

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