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When trading crypto, the fees involved are often overlooked. When buying the dip, investing for the future, or simply sending some coin to another wallet, fees can eat significantly into the value of a portfolio. For those who trade crypto regularly, keeping fees as low as possible is a simple and effective way to maximize profits and expect a better long-term return.

To help you learn how to trade with low fees, we’ve put together a guide that will ensure you never pay more than you need to with crypto.

Understanding fees

When dealing with crypto, there are 2 kinds of fees that you should be aware of:

Exchange fees

For centralized crypto exchanges to turn a profit and keep their operation running, they charge users a small percentage of each transaction as a fee. This percentage is typically 1% or lower and is often incurred when performing any of the following:

  • Buying
  • Sending
  • Receiving
  • Withdrawing

Network fees

As blockchains are hosted on decentralized networks of computers, those running it do so in return for rewards. These rewards are sometimes dished out by the network itself in the case of Bitcoin, but for networks like Ethereum, the users themselves pay the fee. This is known as the gas fee and varies depending on the blockchain’s current congestion level and the value of the native token.

Minimizing fees

1. Use a low-commission exchange

The simplest way to keep fees low is to use an exchange that charges less per transaction.

Amongst the cheapest are exchanges such as Binance (0.1%), Kraken (0.26%), and Swyftx (0.6%). These exchanges have different cryptocurrencies available but all feature the most popular, though their features, financial backing, and company philosophies do differ.

While platforms such as CoinBase are extremely popular, their fees are considerably higher (3.99%) and appeal largely to new crypto users.

2. Check the small print

Crypto exchanges are constantly changing their pricing models to draw in new customers or cover the costs of regulatory compliance. This means fees are changing all the time. Loyalty to a single exchange is often, therefore, financially unsound. Users should check fees regularly then and see if there’s a better option elsewhere.

3. Time your transactions

When it comes to gas fees, you can save a tonne of money simply waiting until the network is quiet. When demand is low, network mining rewards are also lower. The quietest time of the week for Ethereum, for example, is Sunday, between 2 AM and 3 AM.

4. Set a gas fee limit

Using a software wallet, such as MetaMask, you can also set a hard limit on how much you’re willing to spend on the transaction. Setting a lower limit will mean the transaction will take longer to complete, and can possibly fail. However, for those in no rush, this can save considerable money in fees.

5. Trade with cryptocurrencies

Sometimes, when trading out of a crypto position you may not necessarily need to exchange back to fiat. Converting an ERC-20 cryptocurrency to a compatible stablecoin, for example, will eliminate your exposure and induce very low fees.

Minimise spread

Something else to consider when learning how to trade with low fees is the role of spread.

Spread is the difference in price between the moment of buying and selling an asset. This can often far exceed the exchange fee. The spread is something a lot of traders neglect to observe and can take large chunks out of a portfolio over time.

Different exchanges have different spread policies so it’s taking this into consideration too. Binance and CoinBase, for example, have a spread fee of 0.5%. Others, such as Swyftx, have a slightly lower 0.45% fee.

Takeaway

While fees are part and parcel of trading crypto, keeping a close eye on the details can save you a lot of money in the long run. Keeping aware of your preferred exchange’s fees, and regularly auditing your processes using networks such as Ethereum will keep these costs to a minimum.

While there is no collection definition of a payday advance, it is normally temporary, high-cost finance, normally for $500 or less, that is normally due on your next cash advance. Depending upon your state regulation, a payday advance may be readily available via shop payday lending institutions or online. To get guaranteed payday cash, please visit Slick Cash Loan.

Some usual features of a payday loan:

The lending is for tiny amounts, and lots of states place a limitation on the size of the payday loan. $500 is a usual loan limit although limits range above, as well as below this amount.

A payday advance loan is normally repaid in a single payment on the customer’s following payday, or when revenue is got from one more source like a Social Security or pension. The due day is normally 2-4 weeks from the day the financing was made. The details due day are set in the payday advance agreement.

To settle the funding, you typically create a post-dated look for the complete balance, consisting of fees, or you provide the loan provider with consent to electronically debit the funds from your lending institution, bank, or prepaid card account. If you don’t settle the financing on or prior to the due day, the lender can pay the check or withdraw electronically from your account.

Your ability to repay the loan while meeting your various other economic obligations is typically ruled out by a payday lending institution.

The financing proceeds might be given to you by check or cash, digitally transferred to your account, or deposited to your debit card.

Different loan attributes can differ from each other. For instance, a payday advance is typically structured to be settled in one lump-sum settlement. Some state laws allow lending institutions to “restore” or “rollover” funding when it becomes due to make sure that the consumer pays just the fees due and the lender extends the due date of the loan. In many cases, payday advance loans may be organized so that they’re payable in installments for a long time.

Price of a payday advance

Numerous state laws established an optimum amount for payday advance loan charges ranging from $10-$30 for every single $100 borrowed. A normal two-week payday advances with a $15 per $100 cost corresponds to an interest rate of practically 400 percent. Comparative, APRs on credit cards can range from about 12 percent to about 30 percent. In most of the states that allow payday borrowing, the price of the funding, fees, as well as maximum loan are capped.

In today’s busy world, people are constantly looking for ways to reach their customers faster and more efficiently. It is why it is essential to have a digital presence.

However, not having an online presence can make staying connected to your customers and potential new ones difficult. Luckily, there are numerous solutions for using video in sales to communicate with your target audience and boost demand.

What Is It?

Video marketing uses professionally made video content to engage with potential customers and advertise your industry’s core demographic goods, operations, or branding. While the ultimate purpose is to increase service and sales sign-ups, it is also used to drive website visits and social media participation, boost general brand recognition, and cultivate customer loyalty.

You might consider using video as part of your billboard ad if you own a larger firm. Video content is rapidly becoming an inevitable part of corporate websites, and it may be used imaginatively in short or long forms to achieve a variety of marketing purposes.

Why Utilise It?

If you haven’t jumped on board the video marketing train, don’t panic. It is never too late. In some ways, you don’t have much choice. Digital advertising is gradually becoming the main player in internet advertising, according to recent trends and is vital for any organisation looking to establish a name for itself.

Utilising solutions for using video in sales provides you with several advantages. These include:

It is Popular

People increasingly watch videos online and expect to see them on social media. Also, some are addicted to media content such as music videos, comedic sketches, documentaries, and dramas.

YouTube is the next most popular platform after Google, with users watching more than 1 billion hours of video content every day. Companies’ short-form video content takes advantage of the public’s desire to view video content.

Various Platforms Allow Video Sharing

Ads and entertainment are ubiquitous on social media, with Twitter and Facebook establishing themselves as powerful video-driven platforms. Therefore, you must generate video marketing content if you want your company to be recognised and shared on social media.

On the other hand, video marketing is not limited to social media. It can also appear on your blogs, website, presentations, email marketing, and webinars.

It is Portable

According to a research study, roughly 73% of internet users would solely use their cell phones to surf the web. But instead, they’re watching more videos.

Texts on mobile devices are hard to read, but the video is well suited to the format. Video content that is easy to access via a smartphone will be more accessible than content that is difficult to read or view on a portable device.

Boost Sales Over Time

Video offers a higher degree of engagement than text because it involves less effort than reading. People watch videos, interact with your content, and buy depending on what they see.

The longer you can keep potential purchasers interested in your stuff, the more likely they will buy. Video can also create leads and persuade individuals to join projects.

Takeaways

Creating videos for digital networking is one of the simplest and least expensive ways for smaller businesses to make an impact with digital advertising. If you make captivating videos that emphasise your brand, represent your personality, and display your products and services, you will be able to increase interaction on your social media channels.

Precious metal investment has long been popular globally. It allows investors to enjoy a high liquidity level and dodge inflation. It also comes with no credit risk and lets you diversify your portfolio. But while most people consider gold and silver as suitable metal investments, you may also think about putting your money into other choices. Platinum can be an excellent option for precious metal investment in 2022 and beyond.

The popularity of this shiny white metal has become more rampant over the past years. It is because it has a higher boiling point than the other metals. However, if you are still wondering if putting your money on this type of metal is worth every cent, these details will prove the value of this investment. Make sure you have enough precious metals advice before taking the big step on investing your money.

What is Platinum?

Most people can distinguish this metal as a gleaming white material. However, it is heavier, stronger, and denser than white gold. It is also rarer and purer than gold.

Many jewellers also prefer this metal over the other options due to its durability and malleability. They can mould or press it into any shape without the risk of breaking or cracking. It is also shinier and more elegant than other metals.

Why Invest in this Metal?

Putting your money into this precious metal allows you to have a unique investment opportunity. Some of the things you will enjoy if you include it in your investment portfolio includes:

  • Low-risk entry for beginner investors who are unsure about what to get for their first venture
  • Minimal correlation to the action of traditional assets and survives well during instances of economic recovery
  • Broad range of uses in various technologies

Unexpected Uses of this Metal

The Royal Society of Chemistry mentioned that while this precious metal is popularly used for jewellery-making, its primary purpose is to create vehicles’ catalytic converters. However, there are other uses for this metal group that you may have never considered before.

Some of the most uncommon uses of Platinum include:

  • Helps Treat Cancer – In chemical forms, this metal can delay or diminish the division of existing cancer cells. It is also used in numerous drugs for treating cancer.
  • Makes Vehicle Safer – Silicones cured with this metal are used to cover and secure airbags from their triggering systems. It allows the airbags to stay stable for a long time without the risk of deterioration.
  • Boosts Personal Hygiene – There are numerous personal care products like shampoos, lipsticks, and even contact lenses created using the chemical form of this metal. It can also make medical elastomers that help heal wounds rapidly.
  • Keeps the Body Warm – The catalysts of this metal can create petrochemical feedstocks. It is the most common raw material needed to develop synthetic rubber, plastics, and polyester fibres to manufacture blankets and clothes.

What are the Best Ways to Invest in this Metal?

The ideal way to put your money into precious metals is to purchase them outright and get your hands on their physical form. Some of your options include buying platinum jewellery pieces, platinum bars, platinum bullion, and bullion coins.

It is also best to put your money on exchange-traded funds (ETFs) through traders with a trustworthy reputation in holding precious metals. You may also seek help from experienced investors who have a vast knowledge of the precious metals industry.

Investing in precious metals will help secure your investment portfolio. You only need to look for reputable sources where you can put your money to avoid the risk of losing your hard-earned funds.

Like any other companies, non-profit organizations are looking for extraordinary and visionary leaders. Choosing the most efficient one who can appropriately guide the firm and connect with your employees may be complex. Several firms squander a great deal of your time and money by attempting to do everything themselves. If you’re looking for a potential decision-maker for your non-profit, don’t waste any more time and contact nonprofit executive search firms to find the best of the best.

The executive search specialists may customize the entire process. They could write job descriptions, scour the internet for prospects, conduct interviews, and oversee onboarding. These consultants maintain total openness throughout the process and actively include you in the decision-making process. If you’re still not convinced, keep reading to learn about the advantages of using a non-profit government search business:

Eliminates Scope Of Personal Bias From The Process: Personal biases would be present in the technique if you had an in-house staff to hire for executive roles. You eliminate these prejudices when you choose a non-profit executive search agency, and candidates elect to advocate their merits and compatibility with the organizational culture. The majority of manager search consultancies have access to applicants from all around the world. This ensures that the process is accurate and the team is diverse.

Organize Recruitment Efforts: Executive search specialists evaluate your company’s current situation. They collect feedback from various stakeholders to create a clean image of your company. This allows them to structure the job description and plan the entire recruitment effort. These efforts, in turn, go a long way in forming a suitable foundation for your firm that will eventually thrive.

Upholds Confidential Integrity Of The Firm: It’s not easy to keep your executive search firm’s strategy secret when you have an in-house staff. In general, it would disrupt the organization’s balance. An executive search specialist maintains a discreet and honest relationship.

Conserves Resources: Hiring non-profit executive search firms takes time, money, and effort. Furthermore, your in-house team may lack the necessary expertise to make the best decisions and select the most effective applicant. With the guidance of an executive search agency, you may save time and money by avoiding the costs of a wrong appointment. Besides, considerable time and resources lost training the unsuitable candidates can be saved and be put to better use.

Maintains Consistent Communication Channel: Executive search firms will interview many individuals before proposing a few of the most promising candidates to non-profit decision-makers. However, suppose some of the most talented individuals look uninterested in working for a non-profit. In that case, the search company must provide input on what the organization’s independent directors may need to change in their requirements or specifications. A verbal conversation via email or phone calls every other day can provide the search business with a better chance of identifying the right persons.

Summing Up: While NGOs are operated similarly to other businesses, there are significant differences that necessitate different types of leadership. Alternative firms cannot provide insight that search firms aware of these types of organizations can. The more experience an executive search agency has working with NGOs, the higher the quality of candidates they’ll interview and the easier it will be for the organization to rent. With all these perks in store, you must seriously consider seeking the services of one for your firm.