Sitting at the Thanksgiving table, your cousin remarks that her credit card was stolen in their data breach and was used to shopping during Black Friday last year. You quickly say, “That wouldn’t have happened if you used Bitcoin,” which leads to an awkward silence. “Isn’t that what people use to buy illegal drugs?” your cousin finally asks, while your other relatives nod their heads. At this Thanksgiving Day, it’s time to share the true meaning of cryptocurrency.
The first thing to do is to compare the cryptocurrency to cash. Remind your cousin that when she pays with cash, she doesn’t have to give away any of her personal details unless the purchase requires it, and more importantly, the merchant has no access to get more of her money than what she gave him. Similarly, cryptocurrency works the same way in the digital realm. Therefore, cryptocurrency payment is also less open to fraud and theft comparing to credit card.
How to make profits with cryptocurrency
What’s more, you can also make profits in crypto trading. In spot trades, investors buy cryptocurrencies like bitcoins and make a profit when BTC rise in price. But there are more opportunities to profit in another way: futures trading.
Compared to spot trades, futures trading enables investors to make a profit on both the upward and downward of the price trend. In other words, you can speculate on both BTC rising or falling. As long as you chose the right BTC trend direction, you are likely to earn money. Besides, futures trading is also called leverage trading, which means you can borrow X times the number of your assets from the exchanges and profit on a bigger scale if the market moves in the selected direction.
Bexplus is one of the most popular and reliable cryptocurrency futures exchange in the world and has offices in Singapore, Japan, US and Brazil and is constantly expanding worldwide. Bexplus provides BTC, ETH, LTC, EOS and XRP perpetual contracts for futures trading, and 100x leveraged profit model is also available on the platform.
Before Thanksgiving Day, Bexplus has prepared some special gifts for all users!!
Gift 1: All users can enjoy 50% service fees rebates for all trading pairs from 2019.11.22 to 2019.11.27 (UTC).
Gift 2: Only 1 day! On Nov. 28 Thanksgiving Day (UTC), all users can enjoy 100% service fees rebates for all trading pairs.
For example, User A traded on Bexplus during promotion 1 and the total service fees is 0.2 BTC, then User A will get 0.1 BTC rebates. User B traded on Bexplus on Thanksgiving Day and the total service fees is 0.5 BTC, then User B will get 0.5 BTC rebates. All rebates can be used to trade or withdraw.
Learn more: https://www.bexplus.com/activity/thanksgiving
Furthermore, the New User Welcome Package ($10 bonus and $100 bonus for the first deposit) and 100% deposit bonus are also waiting for you, come and get them now!!
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How Can Foreigners Get Loans in Singapore
Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.
At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary.
What defines a foreigner in Singapore?
A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…
Property Loans for Foreigners in Singapore That You Must Know About
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
10 Facts on Ripple You Should Not Miss
Mostly known for its digital money protocol, the Ripple system, and its XRP currency are famous for allowing the seamless exchanges between users using yen, dollars, euros, and others. In 2012, it was made for payments and remittance. They also have their own tokens and a decentralized currency by this time.
However, they soon found out that Ripple would actually be able to send out waves that will rock the world of cryptos.
As the third crypto, in terms of market cap, Ripple maintains a good position in the crypto community. Despite price fluctuations, it remains a good investment for crypto enthusiasts and entrepreneurs.
Check out these ten random facts that you should know about Ripple and XRP!
Fact 1: Better than BTC, ETH, LTC and more
As a good introduction to Ripple, we’ll start with how XRP beats Bitcoin, Ethereum, Bitcoin Cash, Dash and Litecoin in a bunch of important features for cryptos— speed, cost, and scalability. These factors are important to keep the software in optimal shape.
Based on research in 2019, here is how the cryptos fare among each other.