Author Archives: Chinedu David

Chinedu David Visit Website
Chinedu David is a business consultant with experience in oil & gas, hospitality, IT & telecom, consumer products, business strategy, marketing and distribution. He was the telecom editor for SuccessDigest for over a decade. And founded Mystore, one of the indigenous online marketplace in 2013. Drop a comment below and he will respond to your query. He can also be reached via email: nedu@myblog.com.ng or Call/Text/WhatsApp: 07087770518
Telecommunication

MTN New Mobile Data Plan That Actually Last For 1 Month

MTN New Mobile Data Plan

Do you know MTN has a new mobile data plan that actually last for 30 days? Yeah, it’s the package that’s getting attention now among MTN Mobile Data subscribers in Nigeria.

If you want to have a monthly Mobile Data plan to reduce how much you spend on Data or place yourself on a regular Data budget, this new Data plan is what you need.

Forget about all those one month Mobile Data plan that doesn’t last even a week. Some get exhausted few days after purchasing them. This one is different and won’t fail or get exhausted in one day or one week until your full 30 days subscription time expires.

The question now is, is this Mobile Data plan for you? Your answer would determine if you should consider reading or you may just read on for the sake of information.

✅ How Much Do You Currently Pay For Mobile Data?

Let’s start with how much you are currently spending on Mobile Data. There are so many ways you can figure this out if you are not taking count of it.

🔹️What Mobile Data plan do you usually buy?
🔹️How often do you buy this data plan daily, weekly or monthly?
🔹️How much does this Mobile Data plan cost?
🔹️How much gigabyte data do you get for this data plan?

These questions would help you figure out your Mobile Data cost for one month. But that’s not all because you also need to have an affordable monthly data plan.

✅ How Much Can You Afford To Pay For Data Monthly?

If what you are currently paying for Mobile Data is poking holes in your finances, you may need to review it. However, Data in today’s world is equivalent to life.

When you don’t have data it’s almost as if something is missing in your life. Of course, people need to communicate more now than before.

But due to the cost of telephone calls, most people use internet calls to keep in touch cost effectively. It’s the reason for the growing adoption of chatting apps like WhatsApp, Telegram, Facebook, Instagram, etcetera.

So, looking at your current Mobile Data, how much would you consider affordable for you?

✅ What’s The New MTN Mobile Data Plan?

If you are an MTN subscriber and you spend at least N1,000 to N3,000 weekly on Data, I want you to consider this new monthly data plan.

Well, the decision to adopt this plan is entirely yours but maybe when you know what it is you may try it out.

This new MTN monthly Mobile Data plan gives you actual 30 days full usage. You won’t run out of data in those 30 days. The plan gives you 45 gigabyte of data for one month. But this 45 gigabyte data is shared and allocated daily for 30 days.

That means you get only the daily allocation for use every single day of the 30 days limit. If you divide 45 gigabyte by 30 days you will get 1.5 gigabyte everyday.

That way, the Mobile Data plan last for the whole 30 days and not be exhausted by over usage in a particular day. But it’s not unlimited data plan – rather it allocated daily usage limit. You should only buy this plan if the daily allocation falls within your daily data need.

✅ How Much Does This Mobile Data Plan Cost?

The cost is also affordable compared to what’s charged for most data plan. If you are on the 3 gigabyte MTN monthly data plan, you pay N1,500. If you exhaust it within a week that means in one month you would have used 12 gigabyte and paid N6,000 for it.

But this special monthly Mobile Data plan cost just N6,000 for 45 gigabyte of Mobile Data.

✅ How Do You Get This Mobile Data Plan?

At this point, what’s more important is how to get this data plan now. 45 gigabyte of data for N6,000, with 1.5 gigabyte daily allocation for 30 days is worth it. But it’s only available for MTN subscribers, and available on their mobile app.

Yes, you can start using this Mobile Data plan immediately. And it’s not a promo offer, nor a one-time offer. This 45 gigabyte mobile data is yours every month as you renew.

✅ Do You Have MTN App?

If you don’t have MTN App you can download it now on the IOS or play store platforms. The App is user friendly and it’s not just for this new data plan.

You can use it to connect your NIN (National Identity Number) with ease, buy and share airtime, subscribe to any MTN data plan – especially the special offers for only MTN App users. Most importantly, you can solve any of your support issues on the app or connect to their WhatsApp support through the App.

✅ Conclusion

Although, this Mobile Data plan is for only MTN subscribers, anyone can also use it by purchasing a new MTN line or migrating your existing number to MTN network.

After all, if you current network can’t give you a cost effective Mobile Data plan, you should consider other network that can.

Finally, drop us a comment if this post is helpful to you. And if you were able to successfully start using this service do let us know so it can encourage others that it works.

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Grow Yourself Worth

How to Become A Successful LPG Consultant – Earning Millions Annually

Do you want to become an LPG consultant earning over N500,000 monthly in Nigeria? LPG or cooking gas is needed in every home and more investors want to tap this huge potential. And so they need those who can help them get started.

I know because I have been doing this since 2019. There’s growing need for LPG consultants in Nigeria. And it doesn’t require special qualification or any professional body approval.

Your job as an LPG consultant is to provide the right information and assistance to help LPG plants, either existing ones or new plants at setup stage.

But you will need to be mentored on this job by an experienced LPG consultant. All you need is the right information on what you are required to do as a consultant.

Do you know there are currently very few LPG plant installation and maintenance engineers in the country? Most consultants don’t do engineering but they outsource. Of course, you need to know the right people you can outsource your job.

Although, the practical engineering is not part of the consulting course but if you have this skill you are in money. Installation fee for a 20MT plant is between N1.5 million to N3 million. Learning the job can cost over N500,000 on apprenticeship.

✅ Who Should Take This Online Mentorship Course

You should only consider this mentorship course for these reasons only. It’s for those who are interested in LPG.

🔹️If you are a consultant in any other field
🔹️If you want to become an LPG consultant
🔹️If you hope to start LPG plant one day
🔹️If you own an LPG plant already
🔹️If you need extra income source
🔹️If you want to work in LPG plant as a manager

Furthermore, you should continue reading if you qualify for this course based on the reasons listed above.

✅ How LPG Consulting Works

LPG consulting is not entirely new but its made this popular by the emergence of LPG plants. The growth of the LPG industry and growing demand for cooking gas for domestic use is what’s creating the demand for LPG consultants.

Also, since cooking gas plant can be setup anywhere across the country, LPG consultants are needed everywhere in the country. So, there won’t be shortage of work for you.

Your job is to provide the needed guide for those starting up LPG plants and help existing ones resolve their challenges. If you know how to help them successfully, you get paid as a highly sort after LPG consultant.

✅ Target Market for LPG Consulting

Who are those to pay for your services? This should be your first consideration before you decide on my mentoring course. Here are those who would hire you as a consultant.

🔹️Those who own Existing LPG Plant
🔹️Those who want to start NEW LPG Plant

As a consultant, I have done jobs for different clients living in different countries. Many of which are Nigerians living abroad. But I have also done jobs for clients in other African countries who are not Nigerians.

✅ How Much LPG Consultants Charge

Consultancy fees are not cheap. If you have not encountered a consultant before, then the closest example I can give you are medical consultants. They are like demi-gods.

Their fees are non negotiable. They even collect appearance fee like lawyers, just to come see a patient. LPG consultants are not cheap too, but it has to be modeled according to your target market.

However, the lower the fees the less value your clients would place on you. It’s better you can deliver a very good job but your fees are high, than you charge small fee but your job sucks.

✅ Different Aspects Of LPG Consulting

If you are wondering what you will be in the consulting online mentoring courses, I have the list for you. The fees for this mentoring course are also affordable but not listen here for a reason to enable me apply special discount for the first 20 mentees. You only pay for the topic you are interested in.

So, chose your course or courses and pay for my mentorship. Duration for each course differs but most are within a week of online mentoring.

🔹️LPG Feasibility Study
🔹️LPG Setup Cost Analysis
🔹️LPG Location Assessment Study
🔹️LPG Licensing Service
🔹️LPG Real Estate Services
🔹️LPG Training Services
🔹️LPG Employee Management Resource
🔹️LPG Installation and Maintenance Services
🔹️LPG Plant Management
🔹️LPG Plant Civil Works Engineering

You can start any of these services as a consultant after the mentorship. You can also outsource those you can’t personally handle. I’m not an engineer but I can take LPG installation and maintenance job and civil works engineering.

However, specializing in some of these can help you a lot. And if you pay for 2 topics or more THIS WEEK, you will get one extra topic for free. What’s even more important is how often you can get clients. Your marketing is key to all of these.

✅ LPG Feasibility Study

Learn how to package realistic LPG business plan and Feasibility reports. You will also get a template on word or excel document to help you understand what’s required of you. An LPG business plan cost between N50,000 to N200,000.

✅ LPG Setup Cost Analysis

Nigerians always want to know the cost to startup. Although, they want it done for free. But you can get paid drafting LPG setup cost analysis. In this course I will provide you with Cost template . But always ensure your costs are current and verifiable. I charge as much as N20,000 to N50,000 to provide cost estimate.

✅ LPG Location Assessment Study

LPG plant is location based. Most times the owners may not know the value of this until their plants starts failing, after they must has invested millions into the project.

This assessment helps to identify the viability of the plant based on the proposed location and equally assess foreseeable risks to mitigate them. It’s a skill job that can earn you up to N200,000 per assessment.

✅ LPG Licensing Service

LPG plants are licensed by government. Some clients don’t want to do this on their own. They hire a consultant for it. You will learn all about the licensing , requirements, procedures, and cost implications. You can charge up to N200,000 for this service.

✅ LPG Real Estate Services

Finding the best location to setup LPG plant isn’t always that simple. You can learn all you need to find the best location for LPG plant. If you are a real estate agent this course will expose you to what’s best location for LPG plant and what meets DPR licensing requirement.

Many LPG dreams died because of inability to find suitable location. You will learn the secrets, what affects LPG location choice. What makes a location suitable. Land size and DPR requirements. And constraints with ministry of lands.

I charge N50,000 to N100,000 just to inspect location. Imagine how much you can charge finding suitable one, plus earning commission on the purchase.

✅ LPG Training Services

Training is an important aspect of any business. Training the workforce would help reduce mistakes and loses. For a start, every LPG plant would need to train its workers before employing them. You can learn how to conduct proper LPG trainings and getting paid for it.

✅ LPG Employee Management Resource

A startup plant would need to hire competent workforce. You can help them draft an employee handbook – a guide to hiring, firing and job description. This training will also provide you with a template as bonus.

✅ LPG Installation and Maintenance

Service Installation is huge and fees are determined by the installers. This course deals only on the consulting aspect. If you want to learn the practical installation see more details at the end of this post.

If you know how to install you will make more money. You can also earn as a consultant if you get installation jobs from client.

✅ LPG Plant Management

This one is huge. Most investors who are abroad would need an experienced plant manager they can TRUST. The word TRUST is key. Experience is considered lesser here than TRUST.

You need to learn how to manage LPG plant – understanding supply chain, customer support and maintenance, employees management and general administration. Also, develop a management model that works for you and your clients.

It’s the best job for a consultant. You earn with ease. And you can manage multiple plants and in different cities.

✅ LPG Plant Civil Works Engineering

This course is more suitable for construction engineers. But a non engineer can also undertake this and make good money handling projects for client as a consulting engineer.

You will need to know how to manage LPG plant projects. Different aspects of the civil works and how to source materials to reduce cost.

✅ Bonus Topic: How to Attract Potential Clients

You need to attract clients for your consulting services. There are easy ways you can start attracting these clients. If you saw this on MyBlog, that’s one of the ways I reach out to attract potential clients.

But there are other more effective ways. Spending money to advertise is not a viable option. You need to explore free publicity that’s available online and offline.

Moreover, targeting clients in your city may give you an edge over others. You will learn how to do it well and targeting the right clients.

✅ Why I Want to Mentor New LPG Consultants

You maybe wondering why I can easily give away my trade secrets that’s making me millions in income annually? Yes, I know some might think that way, but I will let you in on my limitation and why I think training others would help me more.

There are two major issue with LPG consulting – one is distance and the second one is trust. Some won’t hire you because you are not in the same city with them. While some don’t even trust you because they are scared of being scammed.

Moreover, if they ask me to recommend another consultant in their city, I usually don’t know anyone I can recommend that can do exactly what I would have done for them.

So you see, if I have you in a city I can direct most of my jobs to you and trust that you can deliver. That’s why I’m offering this Mentoring course at affordable fees.

✅ Why Buy My LPG Consultant Mentorship

Now I have made it so easy for anyone who wants to become an LPG consultant to be mentored by me. Firstly, I have made the fees affordable. I also broke it down into modules to help you access the one that applies to your current field or job description.

You can decide to buy a single module or multiple modules. Anyone that requires physical or hands-on training will be done as on the job training.

However, most of the Mentoring will be online to ease things and also speed up the learning process. But here’s why you should take my mentoring offer now:

🔹️It’s affordable now. I might change the price if more people are interested.
🔹️You need an easy additional income source that fits into your current work schedule.
🔹️Have limited number of people I want to mentor for each state
🔹️I can only handle limited number of mentees at a time.
🔹️I will also be working with my first set of mentees as my affiliate consultants in the respective states

✅ Conclusion

If you are considering this offer is, then it’s for you. Anyone can be an LPG consultant, as long as you have some sense, can travel to site location, or have prior experience in related field.

For example, a real estate agent can become an LPG real estate consultant. A mechanically engineer can become an LPG maintenance consultant. While a construction engineer can become an LPG plant civil works engineering consultant.

There are roles for everyone whose willing to try. You will be trained on how each one will be done to make you money regularly.

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Government

Steps to Download The National Identity Number Slip

Do you have the current National Identity Number? NIN or National Identity Number is now the most important document to have as a Nigerian – whether you are currently living in Nigeria or not.

The National Identity Management Commission (NIMC) has announced that the current National Identity Number (NIN) “slip” will be gradually phased out. The commission has also introduced a NEW SLIP which is downloadable from their portal.

This new slip can be printed out. You can also laminate it in plastic. More important things to note about this new NIN slip:

🔹️it’s a handy physical means of identification
🔹️It can easily fit into your pocket, any purse or wallet
🔹️It has QR code for easy authentication by authorities
🔹️It’s also scannable using the NIMC MWS Mobile ID app

✅ Most Important Use Case for National Identity Number (NIN)

The only use at the moment for National Identity Number is for identification purpose. NIN is now the standard identification for Nigerians within the country – and soon I may become acceptable outside the country. Although, Binance, the number one crypto exchange in the world is already accepting NIN to verify Nigerian users on its platform.

Every institution in the country that requires identification of persons now accepts NIN. The banks, Insurance, Immigration, License agencies, and most recent the telecom companies.

✅ Mobile SIM NIN Linkage

Government directives to link all mobile SIM card to NIN is the latest requirement for NIN application in the country. The idea is to identify the owners of every mobile phone in use in the country.

The process will ensure easy identification of every mobile phone user in the country and help to fight crime as well. According to the Ministry of Communication, terrorists, kidnappers and bandits operating in the country has been cut off from the telecom network by implementing mandatory NIN linkage to phone SIM cards.

✅ How to Retrieve Your NIN

The NIN (National Identification Number) is an eleven (11) number system for identification of every Nigerian. This number is issued by NIMC (National Identity Management Commission). In case of an emergency and you are required to provide your NIN or fill a document requiring your NIN, here’s how to retrieve it using your mobile phone.

NIMC has made it possible for you to easily check or retrieve your National Identity Number (NIN) on your mobile phone. It doesn’t matter which telecom network you are using, (MTN, Glo, Airtel, or 9mobile), all network users can follow same steps.

🔹️Dial the USSD code *346#
🔹️Choose option 1 to retrieve.
🔹️Provide the required inputs as displayed on the screen

For this to work, it must be the SIM card number in the phone is the same one used for NIN registration. However, a 20 Naira fee would be deducted from your airtime balance as charge for this service.

✅ How to Download The New Slip

To initiate the launch of the MWS Mobile ID app installed on your mobile device, ensure that you have the right version of the app installed or updated version on your device.

Also, make sure you have already enrolled and obtained your NIN. You’ll need your NIN when installing NIMC’s MWS Mobile ID app. Your device must be connected to the Internet to do this.

🔹️Then select the “PRINT NIN SLIP” button on the “Home” screen as displayed.
🔹️The NIN login form with your “USERID” and “OTP” automatically prompted in the display screen
🔹️Tap the “Login” button to continue

Note: You will now be successfully logged into the portal linked to your Mobile ID app.

There are also two types of NIN Slip which can be printed from your NIN dashboard:

🔹️Premium slip
🔹️Standard slip

The difference between a premium and standard Slip is just their format. The standard Slip comes in the bold A4 size paper. While the premium comes in standardized identity card format. The premium Slip can also be printed in plastic to give it the feel and look of proper identity card.

✅ How To Print the Premium NIN Slip:

🔹️Tap on PRINT PREMIUM NIN SLIP button to continue.
🔹️Tap Pay With Remita button to continue.

✅ How To Print the Standard NIN Slip:

🔹️Tap on the icon on the top left corner of the screen
🔹️Select Print Standard NIN Slip from the menu options
🔹️Tap Pay With Remita button to continue.
🔹️Tap on Pay button for the selected choice of slip to continue.

Note: the recommended payment option is the card payment. Also, at this point avoid not cancelling or exiting the app immediately after you make payment. Exercise patience and wait until REMITA completes its payment process and indicate a successful, complete transaction.

✅ National Identity Number Slip Printing

🔹️When the successful payment notification screen appears, tap the download button to GET your new NIN slip.
🔹️The NIN slip download process will be initiated. You might be required to select a location to save the file, depending on the software version of your mobile device.
🔹️Select Save to files option as the next widget that pops up.
🔹️Tap the FILES icon to view your NIN slip. The files icon is in the apps section on your mobile device.
🔹️Simply check your mobile phone Download folder to find the saved NIN slip in PDF format.
🔹️And send to printer or share with another computer through file sharing.

✅ Conclusion

This guide is to help you print out the NIN slip PDF document, and cut it to the right size, then fold it, to laminate it. You can also email any enquires for support at email: mobileid@nimc.gov.ng

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Crypto Updates

How Binance App Works for Beginners

Hello guys, welcome to crypto lessons on how to use Binance app for beginners. Although it’s difficult to master the entire Binance app due to the huge products and features it’s offering, plus the increasingly new features it keeps adding from time to time, but we can learn the most basic for beginners like you.

If you are new to crypto, I will make it very simple for you to understand. Although, I will encourage you to explore other beginner lessons that I have also posted in the past. You can also join CRYPTO LESSONS on WHATSAPP and TELEGRAM if you haven’t joined yet.

There are several reasons you should learn how to use Binance app. Let me give you a few of them below:

?️Binance is the number one Crypto exchange in the world
?️It’s a Centralized exchange for cryptocurrencies
?️It has crypto wallet for storing cryptocurrencies
?️You can buy and sell cryptocurrencies on Binance exchange
?️You can also earn passive income on Binance Exchange

You can also add your own reason in the comment section if you have any just to inspire others. I believe these reasons are the primary ones. However, let’s explore what you will be learning in this special Binance app lessons:

✅ What You’ll Learn In Binance App Lessons

If you are wondering what this lesson will be about, let me clarify them for you. This lesson may explore more than is listed here. But use this list as a guide on what maybe discussed here,

I have also shared another lesson on how to use Trustwallet app for beginners. You should also explore this lesson to expand your knowledge as it relates to Binance as well. And you will find it very interesting and would learn lots of new things you never knew before.

Here’s the topics for this lesson:

?️How to Download, Register & Verify Binance Account
?️How to buy Cryptocurrencies on Binance
?️How to Swap/Convert Cryptocurrencies
?️How to deposit Cryptocurrencies to Binance
?️How to Withdraw cryptocurrencies from Binance
?️How to Transfer cryptocurrencies Within Binance Wallets
?️How to Withdraw Crypto Money into Your Bank Account
?️How to Earn crypto Passive Income On Binance Exchange

If any of these topics interests you, let me know in the comment. To know that this lessons are helpful will encourage me to share more lessons with you that will help more people as well.

✅ Understanding Binance Services

Binance is a crypto exchange under the category of Centralized Exchanges (CEX). One of the primary categorization perimeter for CEX is the requirement for KYC (Know Your Customer).

Every customer on a Centralized exchange like Binance is required to provide personal information about themselves. The information is required by law for government investigations and other related enquiries in case of incidents that requires personal verification of the user.

Binance also simplified its app by providing two separate but intertwined apps to help users navigate their way better. The apps are bundled into one downloadable software, but can be access like a flip of a page between the two apps.

Here are the two apps from Binance:

?️Binance lite app
?️Binance pro app

You can flip between the two apps with ease in the same app download. The two apps gives you access to features for newbies and advanced users when you graduate to a pro.

Binance also has a website which you can access on your computer, laptop or tablet/mobile phones. The features here are mostly the advanced and full Binance features.

✅ Binance Lite App

Binance lite is the simplest version of Binance app. It offers the simplest and most basic of Binance features, it’s advisable for beginners to start with Binance lite. It’s the fastest way to begin mastering Binance features.

It’s also very user friendly and you can master it within minutes. It’s actually made for beginners like you or those who just want to use Binance basic features to buy, sell, send and receive cryptocurrencies.

Here are the basic features of Binance lite:

?️Buy feature
?️Sell Feature
?️Convert feature
?️Withdrawal feature
?️Deposit feature

Most of the lessons will be focused on this lite version of Binance app. Although, we will also explore other basic features you need to know of from the pro version of the app.

✅ Binance Pro App

Binance pro app is a version for professional or advanced crypto investors. It contains all the basic and advanced features anyone can imagine. While most of this lesson won’t cover some of these features, it will still be nice to mention them.

These features are required for the kind of professional or advanced crypto investment that Binance customers require to carry out.

Here are some of these features that are popular among users:

?️Deposit
?️Referral
?️Trading
?️Earn
?️P2P
?️Send
?️Auto invest
?️Swap farming
?️Staking
?️NFT
?️Pool
?️Savings
?️Transfer
?️Buy
?️Deposit
?️Orders
?️Withdraw fiat
?️Rewards
?️Task centre
?️Gift card
?️BNB vault
?️Crypto loans
?️Launchpad
?️ETH 2.0
?️Etcetera

You can imagine the huge catalogue of features packed into the Binance pro app. If you are new it can be complicating. That’s the reason the company also provided a lite version for those who might be new to crypto or even Binance itself.

✅ How to Download, Register & Verify Binance Account

The first step in using Binance app is to register as a user. The registration gives a user login details to enable you access the app and perform any of the functions

Also, the process involves the following steps:

?️Downloading Binance app from Google play-store or IOS store
?️Registering a BINANCE ACCOUNT
?️And VERIFYING YOUR BINANCE ACCOUNT

Binance needs to verify your account after registering for it. The process is to ensure the following:

?️The account is not duplicate
?️The person registering is the actual user
?️The information supplied is owned by the same person registering
?️To protect the platform from scammers
?️It also removes anonymous status of Blockchain and IDs every user on the platform

I have also posted a FULL GUIDE on Binance Account Registration and Verification. You can access this information to learn more on this subject.

✅ How Binance App Login Works

Logging into Binance app may require some process as well. Remember, part of the verification process may require both email and mobile phone verification. Once these verifications are done, you will be required every time you want to login to confirm your email or phone.

You will also be using this kind of confirmation for transactions as well. However, Binance will give you the option to either login with your email or phone, which will be confirmed. So, it’s important you have instance access to your email if that’s what you would need to login all the time.

That means anytime you want to login, Binance will require you to verify your email or phone by entering a code number they will send to your email or phone depending on which one you chose to login with.

✅ Basic Binance App Features

Now that you have registered and verified your Binance account, let’s proceed with the basic features. Binance made it easier to use its basic features by even providing a simpler app – the Binance lite version for it.

We are also going to explore some basic features in the pro version that are essential for most of our students. Note that some Binance features may not be available in your country, depending on which part of the world you are residing.

But you are most likely to see most of these features there. For most countries what’s not available maybe the P2P (Peer to Peer) feature. This feature is mostly available in regions where governments placed some restrictions on crypto like in Nigeria.

Here are the basic features and the step by step guide on how they work:

?️Buying Feature
?️Selling Feature
?️Convert Features
?️Transfer Feature
?️Withdrawal Feature
?️Deposit Feature
?️P2P Feature

So, we are going to be exploring these features and learning how they work in a step by step guide starting below. But it would be best explained in the way they are designed to work than just in their simple features.

✅ How to buy Cryptocurrencies on Binance

The first thing to do with Binance after downloading the app, registering an account and verifying your identity is to buy tokens/coins. That’s probably one of the primary reasons for using a Binance app.

So, we are going to explore how this works in Binance with a simple guide you can follow.

?️Step 1: Open your Binance app and login. Your fist Login will open Binance lite app.
?️Step 2: To switch between Binance lite and pro version, click on the human icon at the top left side of your screen. And click on the ENABLE button to switch between versions. You can buy tokens from any of the Binance app versions.
?️Step 3: to buy from Binance lite click on the yellow rectangular shaped icon below the screen and the buy button will appear.
?️Step 4: Click on BUY to proceed. A screen will open to select the crypto you want to buy
?️Step 5: Select the crypto to buy or search in the box to reveal it. Select and proceed to amount.
?️Step 6: enter the amount in your currency you want to spend on buying the crypto and click on BUY button
?️Step 7: choose your payment option. For Nigerians choose BANK TRANSFER/P2P and click on CONFIRM button. Note the confirm button has timer. If the timer reads zero it will show REFRESH button. Click on it to refresh and then click confirm to proceed
?️Step 8: Click on MAKE PAYMENT button to reveal seller account details for you to transfer the amount from your account to the seller bank account.
?️Step 9: After transferring the amount to seller go back to Binance app and click on TRANSFERRED, NOTIFY SELLER button. But you should make sure this transaction happen within the time limit allowed by Binance. The timer is activated once you get to this point. If you fail to make payment within the time allotted the transaction is automatically cancelled. Binance can penalize you if you keep violating this timer rule. So, don’t initiate transaction unless you are ready to make payment immediately.

Note: This should help you buy token using a P2P or even credit card option, depending on the payment option available to you or allowed by Binance for your location.

✅ How to Swap/Convert Cryptocurrencies

Binance uses the word CONVERT for SWAP on its app. That may confuse those who are used to SWAP to think that CONVERT means some different feature. It’s the same as SWAP and works exactly the same way.

And if you are used to some other services or exchanges like PancakeSwap you will probably understand how Binance Convert/Swap feature works. It means to convert or swap on crypto for another crypto. The exchange of the value in one crypto for another crypto.

Assuming you have Bitcoin in your Binance wallet but decided you no longer want Bitcoin. Let’s say you want to keep your assets in Ethereum now; You don’t have to sell off Bitcoin to buy Ethereum with the proceed. Binance let’s you convert that Bitcoin value to the same value in Ethereum.

Although, the convert feature is a basic Binance feature, it may not be available in Binance lite in some countries. So, I will demonstrate how to do this from the Binance pro version.

Steps to Convert Your Cryptos:

?️Step 1: Switch your Binance app from Lite to Pro version. The pro version home page will open once you switched
?️Step 2: Click on MORE to open more features in Binance pro version
?️Step 3: Scroll to subcategory TRADE and click on CONVERT to open the feature
?️Step 4: Select the pairs you want to convert. The crypto you want to convert your asset to should be the one below. Click on MAX to convert all the crypto you hold in that coin or enter only quantity you want to convert. Click on PREVIEW CONVERSION to view the intended result of your conversion.
?️Step 5: Click on APPROVE CONVERSION if the preview and rate of conversion is acceptable to you. If rates changes, system will demand a REFRESH before approving the conversion.

Note: if everything is done right, the crypto will be converted to your new asset. The balance equivalent will be sent into the appropriate wallet.

✅ How to Deposit Tokens/Coins to Binance

Depositing cryptos into your Binance account is rally not much of your responsibility. It’s the responsibility of the sender, excerpt where you are also the sender. Assuming you are sending a token from your other wallet to your Binance wallet.

First you need to ensure Binance also accepts such token. Because you can’t sent just any token to any wallet. It must be a token that the wallet also supports. For example, you can send Bitcoin or Ethereum to Binance wallet because it’s support by the exchange.

The two things required to make crypto deposit into Binance wallet or even any other wallet for that matter are two wallets.

?️The wallet that have the crypto
?️And the wallet to deposit the crypto into

Crypto deposit is actually a transfer of crypto from one compatible crypto wallet to another. It also requires some carefulness. The wallet address must be correct and you can only send Bitcoin to a Bitcoin wallet and that applies to every other Cryptocurrency out there.

Steps to Deposit Crypto to Binance Wallet

?️Step 1: Click to open Binance wallet
?️Step 2: Select deposit option to open
?️Step 3: Click on crypto and Select the coin you want to deposit into. You can use the search bar to find coin.
?️Step 4: Click on the compatible wallet option to open for copying
?️Step 5: Send the copied wallet address to the person to deposit the crypto to your wallet. If you are sending it yourself from another wallet, paste it into the option for send wallet.

Note: we will demonstrate how to send crypto to wallet when we learn about the feature on withdrawal.

✅ How to Withdraw Tokens/Coins from Binance

This feature is just the opposite of deposit feature. When you deposit tokens you are simply adding to your wallet. But when you withdraw, it’s a minus from your wallet. And when you are withdrawing it means someone or another wallet is gaining those cryptos.

The same way when you are receiving deposit, another wallet is losing those cryptos. So, withdrawing tokens from your wallet is a reverse of the process when you are depositing tokens.

Steps to Withdraw Tokens from Binance Wallet

?️Step 1: Click on WALLET to open
?️Step 2: Click on WITHDRAW to open feature
?️Step 3: Select CRYPTO and click on the coin to withdraw or search to find coin
?️Step 4: Copy and paste wallet address that’s receiving the withdrawal . System can detect network automatically. Or you can select the network of the crypto.
?️Step 5: enter the amount of the crypto to withdraw or use MAX if you are withdrawing all. The system will add network transfer fee to the total amount to withdraw
?️Step 6: Click on WITHDRAWAL button to withdraw
?️Step 7: Binance TRANSACTION VERIFICATION will appear for you to verify you are the owner of the account. If you. It will request you to send a CODE to your email or phone number. And you will receive the code and enter into the space provided for it and SUBMIT to verify the withdrawal.

Note: once you do everything correctly, the coins will be withdrawn to the new wallet. This process

✅ How to Transfer Cryptos Within Your Binance Wallets

Apart from transferring cryptos in and out of Binance exchange, you can also transfer within your own Binance account. Binance have several wallets in one account. These different wallets are designed for specific uses within Binance app.

It can also be complicating to know which wallets to use for certain services. But here’s how to know which one to use. Here are the wallets within Binance:

?️Spot wallet
?️Futures wallet
?️Funding wallet
?️Margin wallet

The SPOT WALLET is like your receiving inflows into Binance and sending outflows as well. It’s like the General wallet. While the FUNDING WALLET is associated with your withdrawal account, like when cashing out through P2P or directly to your bank account.

Futures and margin wallets are for the respective crypto trading protocols. If you are a crypto trader on Binance you will be familiar with those.

If you have ever had challengers with your funds when you want to sell them it’s probably the funds are in one wallet and you need to transfer from one wallet to another, depending on what you want to do.

Steps to Transfer Crypto Within Your Binance Wallets

?️Step 1: Switch to Pro version
?️Step 2: Click on MORE to display other features
?️Step 3: Select TRANSFER to open feature
?️Step 4: Select the crypto you want to transfer within your account
?️Step 5: Ensure the wallet holding the crypto is positioned at the top of the transfer or select the right wallet or switch to position it on top
?️Step 6: Enter amount to transfer to other wallet or use MAC to input all fund
?️Step 7: Click on CONFIRM TRANSFER to complete the transaction

✅ How to Withdraw Crypto Money into Your Bank Account

The best part of crypto is taking profits. If you haven’t taking profit from crypto it means you still don’t know how to tap into the huge profits of the market. It’s always exciting to cash out your profits into your bank account.

So, I’m going to show you how I do this and how you too can. It’s a step by step guide as usual but I will use live graphics of my recent transaction to demonstrate it. Note that this process is just how to sell crypto on Binance and cash out the money into your bank account.

At this point it’s important you have setup your bank account details with Binance. You can also set it up from Binance SETTING and select PAYMENT METHOD. Use the payment options available for your country. If you are in Nigeria select P2P payment method.

Steps to Withdraw Profits Into Your Bank Account

?️Step 1: Switch to pro version to access advance functionalities
?️Step 2: Click P2P to open the feature
?️Step 3: Choose the crypto you want to cash out from. Note the limited options available. If the crypto you want to cashout is not in any of the cryptos listed here, you can swap that crypto for any of these options. Also, note that BUYING and SELLING have different market within. Choose SELL to cashout.
?️Step 4: Scroll through the listed BUYERS and select only BUYERS offering to BUY within the range or amount you have for sell. For example, if BUYERs Limit is N10,000 to N200,000 it means this BUYER can only buy from those selling within the limits it has defined.
?️Step 5: Enter amount you want to sell. Select your bank account or setup a new bank account. Note that you might be required to enter BVN to verify the account it’s yours. Then, click the button SELL WITH 0 FEE.
?️Step 7: Wait for the buyer to pay into your bank account. This process can take as much as 40 minutes or the time set by the buyer to respond with payment transfer. If payment isn’t received within specified time the transaction will be automatically cancelled by Binance. But if buyer makes payment, the PAYMENT RECEIVED button will turn yellow.
?️Step 8: Click on PAYMENT RECEIVED button to confirm you have received payment from buyer.
?️Step 9: CONFIRM that payment was exactly the amount calculated by Binance. If it’s short notify Binance by selecting the appropriated answer before clicking CONFIRM button.
?️Step 10: Verify that you are the one conducting this transaction by sending a Binance code to either your email or phone and entering the number received into the space provided and click submit to approve,
?️Step 11: DONE. If you are seeing this it means the transaction is completed. Both parties are satisfied. You can click on FONE if you want or just move out of the app if you have nothing else to do there.

Note: this process applies to every cashout process. Although, P2P is not available in every country, the alternative option would work slightly the same. Just find your way to sell feature on your Binance app and the rest will be easy to follow.

✅ How to Earn Passive Income On Binance Exchange

Another important feature of Binance app is its passive income opportunity. Many investors hasn’t discovered this in Binance. However, most of these crypto passive income started with Binance.

This feature is found both in the lite and pro version of Binance. It’s because of its relevance in the scheme of things for Binance users. I will only clarify that it’s not such of a huge opportunity because of its low APR/APY, but they still offers better ROI than traditional passive income opportunities.

Two ways you can earn with Binance are:

?️Crypto Staking
?️Crypto Savings

You should be familiar with staking by now unless you are relatively new in crypto market. Staking is similar to bank fixed deposit service. Crypto savings is same as bank savings. You earn interest on your crypto assets. Savings is the easiest way to generate crypto reward with zero risk.

Steps to save your crypto assets on Binance:

Select your crypto and enter the amount and get rewards sent to your spot wallet every day. You can withdraw your crypto instantly with no hidden fees or lock times.

Binance staking makes it so easy to earn from crypto investment. It offers short term Staking of 30, 60, 90 and 180 days.

?️STEP 1: Select SAVINGS to open features
?️Step 2: Select the crypto asset you want to earn rewards from savings or use search to locate it and click on SUBSCRIBE. You can also enable auto-subscriber to keep re-subscribing when your savings subscription expires.
?️Step 3: Enter the amount of Crypto asset you want to subscribe for savings or use MAX to subscribe all. Click to accept Binance agreement on savings offer and click CONFIRM to complete transaction.

Steps to stake crypto assets on Binance:

?️Step 1: choose crypto assets you want to stake on Binance. The best way is to scroll through cryptos listed on Binance staking to decide the best offers.
?️Step 2: then buy that crypto assets of the amount you want to stake. Note that earn asset has minimum quantity you can stake.
?️Step 3: go back to Staking page, select the asset and click on STAKE NOW
?️Step 4: Select the number days you want to stake your asset. Remember each selection has different APR (Average Percentage Return)
?️Step 5: Enter the amount of the asset or use MAX to select all of the asset. Note that if your asset exceed the available quota it will indicate error.
?️Step 6: Click on the Binance staking agreement to give your consent.
?️Step 7: Click on CONFIRM button to approve transaction. Note that the button should be YELLOW to indicate its active for confirmation. If it’s not hello it’s indicative of error and I completed information in the Staking form.

✅ Conclusion

There’s so much to learn about Binance app. But since this lesson is focused on the basic features, it’s best to leave it at that and not complicate things. From this lesson you can boast of important knowledge of Binance as a beginner.

I will like to hear from you if this lesson has helped you in any way. Share your thoughts with me and others who may be reading this as well.

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Business Update

How to Continue Paying Old DSTV or GOTV Subscription Rates

MULTICHOICE recently increased its subscription rates for both DSTV and GOTV pay TV services. The rates are as much as 12% increase on the old rates. This silent increase which takes effect from April 2022, is already having its negative impact on the pay TV Subscription in the country.

A lot of Nigerians can only afford TV entertainment as the economy continues to harden up for an average worker. Most especially GOTV is found many homes of average workers. And it’s the only entertainment option for the entire family, including festive periods like Christmas, Easter and Sallah holidays.

But MULTICHOICE is blaming the economic situation in Nigeria as its reason for increasing its rates for both TV programs.

✅ MULTICHOICE New Subscription Rates

The new rates are just over 12% increase from the old rates. The pay Tv company also cited the rising cost of inflation and business operations as some of the reasons for the increase.

✅ DSTV New Rates:

Package 1: Xtraview + PVR access fee
?️Old rate: N2,300
?️New rate: N2,900

Package 2: Business – N2,669

Package 3: Padi
?️Old rate: N1,850
?️New rate: N2,150

Package 4: Yanga
?️Old rate: N2,565
?️New rate: N2,950

Package 5: Confam
?️Old rate: N4,615
?️New rate: N5,300

Package 6: Compact
?️Old rate: N7,900
?️New rate: N9,000

Package 7: Compact Plus
?️Old rate: N12,400
?️New rate: N14,250

Package 8: Premium
?️Old rate: N18,400
?️New rate: N21,000

✅ GOTV New Rates:

Below is the new rates for GoTV subscriptions.

Package 1: Max N3,600 N4,150
?️Old rate: N3,600
?️New rate: N4,150

Package 2: Jolli
?️Old rate: N2,460
?️New rate: N2,800

Package 3: Jinja
?️Old rate: N1,640
?️New rate: N1,900

Package 4: Lite
?️Old rate: N800
?️New rate: N900

✅ How to Continue Paying Old Rates

MULTICHOICE is also making it easier for its subscribers to pay their subscription fees cheaper. Here’s the catch and it’s worth exploring if you don’t want to pay the new subscription rates.

Subscribe before April 1st, 2022 and pay the old subscription rate. You can even upgrade your subscription and still pay old fees. And if you resubscribe before the end of your monthly subscription you will still pay the old bill.

This offer is valid as long as you don’t let your subscription expire, and it’s possible for the next 12 months.

Another way to pay the old rates is by subscribing for multiple months. And if you subscribe for 10 months you will get the 11th and 12th months for free. That includes paying the old rates.

But this offer is only valid if you subscribe before April 1st. This is not April fool offer, as long as you do this in the month of march 2022.

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Crypto Updates

How to Register & Verify Binance Account in Less Than 24 Hours

If you are new in crypto, you need a Binance account for many reasons. As a student in crypto lessons, one of the CEX (Centralized Exchange) we recommend and use is Binance Exchange.

While some people just gets approved easily, so many others are having difficulties verifying their Binance account in Nigeria. So, I want to help you overcome that challenge and help you understand how Binance Account Verification works and how best to get verified within 24 hours.

This lesson will teach you everything you need to know about registering and verifying a Binance account. It’s a step-by-step guide. So, follow it religiously if you want to get result. You should also join our WHATSAPP and TELEGRAM class if you haven’t joined yet.

✅ Why Get a Binance Account?

Although it’s the biggest and number one crypto exchange in the world, but that’s not even one of the reasons you should have an account with them. Binance is useful for 2 important reasons I will mention below:

?️To buy BNB coin for your smart chain transactions on Trustwallet
?️To sell your crypto profits with ease and instantly

You can see that none of the reasons includes being the biggest exchange in the world. But it’s the best platform to buy BNB coin because the coin also belongs to them. It’s safer and better to buy Binance coin from them. It’s equally cheaper in transaction fee when sending it to Trustwallet.

Another plausible reason is that Binance also owns Trustwallet. So, it’s like sending from Binance to Binance when you send from Binance to Trustwallet.

My second reason is about taking profits, especially if you are in Nigeria. When you want to cashout your crypto profits, you need an exchange that can send the currency equivalent directly into your bank account.

Binance offers P2P (person-to-person or peer-to-peer) transaction, supervised by it – that offers Nigerians opportunity to cash out directly into their bank account.

When you want to sell your crypto on Binance, it offers your crypto to someone on its platform who buys it from you. The person will pay the fiat equivalent to your bank account while Binance will release your crypto to them once you confirmed that you have been paid the accurate amount.

This happens within some minutes. Sometimes in less than 10 minutes this kind of transaction is concluded. Binance leads in this kind of service for the Nigerian market.

✅ How to Register A Binance Account

The registration process for a Binance Account is very simple. Binance registration process starts on the website. If you are using the mobile site, it’s a little more simplified than desktop site.

At the home page you will see a REGISTER NOW button to quickly direct you to the registration page. If it’s your first time visiting Binance website, it will require a confirmation of your country or area of residence.

Due to different laws of business operation in different countries, Binance has different sites for countries to ease off the way of doing business and to customize services for each country or location.

Once you confirm your location you can proceed to create an account. The options available for account creation are:

?️Create personal account
?️Create entity account

Your choice of account creation would determine the requirements and services to be provided by Binance. When you complete the simple account creation steps, you will proceed to account verification.

✅ Important Verification Factor

Binance reserve the right to approve or not to approve based on their requirements. Don’t assume anything until you have completed every process to the satisfaction of Binance system. he process is automated and you can’t bribe or beg or scam your way through.

Also, Binance has no reason not to approve your account if you follow the prescribed process. If you know what verification process seek to do you will not have any problem getting verified.

The reason some people can’t get their Binance account verified includes:

?️No Identification or unclear image of your ID card
?️Poor image or video submission
?️ Different names in your ID and registration

You will be surprised that even though some people have proper identification they are still rejected by Binance. The reason is simple, your image or video submission is very poor or not clear.

If your phone camera is very poor or too old, you should change it or use someone’s else phone camera to login and verify your account. The requirement for video submission is to avoid fraudulently using another person’s documents to register.

The video submission is too important to ignore. And it must be done according to Binance requirement. You must read the instructions given for each submission and follow it to the letter.

✅ KYC – Know Your Customer

The only thing Binance Verification process seek to achieve is KYC. They want to know who their customer is. KYC is not a difficult process. It’s just for identification purpose. Binance just want to know who you are.

In a digital world there is really not many options left for KYC verification than documentation. You are providing your documents to prove your identification. So, Binance KYC or any KYC for that matter seek to identify who you are – period!

If you can prove to them that you are the person in the iD, Binance will approve your account. KYC is actually the most simple process because it all depends on you and not on Binance to approve you.

✅ Binance Verification Levels

Moreover, you don’t need to get all the Verification process right. Binance now offers 2 levels of Verification, let’s see what they are and how to get verify at each level.

Binance is offering the following verification levels:

?️Verified
?️Verified plus

These levels gives you some privileges. However, the idea of different levels is to make it easier for most people to pass the minimum Verification stage and starts using their Binance account for transaction, while they can upgrade their account to the verified plus to increase their access.

✅ Binance Verified Account

To qualify for minimum Verified Binance account here are requirements:

?️Personal information (Name, email, phone number, BVN (optional), address, etc)
?️Government issued ID card (Drivers Licence, Voters Card, National Identification Number (NIN), International Travel Passport, etc)
?️Facial recognition (current video or picture recording of yourself)

Personal information may include your name, email, phone number, personal identification, BVN (for Bank Account verification if applicable), residential address, etc. These are equally things you can easily provide. Note that your email and phone maybe required to verify them by accepting a code and verifying the receipt of that code on Binance website.

Government ID card can be drivers licence, international passport, NIN, and voters card. Any of these 4 can be used for ID Verification. But for facial recognition you will need to send a video or picture of yourself with that ID card provided.

The basic reason for facial recognition is to confirm your identity with the ID card provided. That you are the actually person sending the documents and it’s you. Note that anybody can claim to be somebody else. But with facial recognition that is abortive.

✅ Binance Verified Plus

Since this is just an upgrade of Verified Binance, the requirement is just one document, the proof of your address. Remember, you gave them an address when entering personal information. Now to fully verify you they want a proof of that address.

This would require government issued documents like utility bill, receipt of purchase of the house, or your bank statement with the address on it. One thing that’s basic about this proof of address is that it must have your name on the document.

✅ When Is Your Binance Account Approved?

Once you pass the first Verification level, which is the Binance Verified, your account is approve to start transacting on Binance app and sites, but with some limitation. At this level as a beginner you can do more than what your beginner experience can allow. So, this is actually okay for you for now.

✅ Binance Account Limitation

Let’s see what you can do with each of the Binance level of verified account – Binance Verified versus Binance Verified-plus. Let’s start with the first one:

Fiat Currency Limits On Binance Verified

?️Deposit limit is $50,000 daily
?️Withdrawal Limit is $50,000 daily

P2P Limit on Binance Verified is unlimited

Crypto Limit on Binance Verified:

?️Deposit limit is unlimited
?️Withdrawal limit is $8 Million BUSD

Fiat Currency Limits On Binance Verified-plus:

?️Deposit limit is $200,000 daily
?️Withdrawal Limit is $200,000 daily

P2P Limit on Binance Verified-plus is unlimited

Crypto Limit on Binance Verified-plus:

?️Deposit limit is unlimited
?️Withdrawal limit is $8 Million BUSD

You can see that the only difference in their Limits is in fiat currency limit, which practical doesn’t concern Nigerians because you can only buy and sell through P2P transaction. So, in reality you don’t need Binance Verified-plus level.

✅ Conclusion

if you take this information into consideration and follow the requirements you will be able to get your Binance approval done in less than 24 hours. Although, Binance can ask for up to 72 hours to process your request.

But if the information is correct and meets the system auto verification, it gets approved without any human verification process. Always ensure you provide the right information.

Most importantly, your names must be the same in all your documents. If you use 3 names, all your documents must have 3 names and must also be presented in the same way or format.

Let me know if this is useful for you. And if you followed this guide to get your Binance account verified also notify me. Believe me, in crypto market you need Binance wallet. They are not number one for nothing.

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Crypto Updates

How to Use Trustwallet App for Beginners

Hello guys, welcome to Crypto Lessons on the basic use of Trustwallet app. In this special Beginners lessons, you will be learning how to use different features in Trustwallet.

I will also provide some video to help you understand my explanations practically where necessary. Your duty will be to go through this lesson and practice what you learn with your own Trustwallet app.

It will be in your best interest to download Trustwallet from the play store and set it up before starting this lesson. So, let me take you through the process in a jiffy.

✅ What You Will Be Learning

This lesson is focused on learning how to use Trustwallet app. So, we are going to explore the features on the app. But these features were designed to help you do certain things. Your focus during learning should be on what each feature would help you do.

You will know how to do the following after this lesson:

?️How to send tokens from your wallet to other wallets
?️How to buy tokens with Trustwallet
?️How to secure your Trustwallet app
?️How to Setup new token address on Trustwallet
?️How to Receive Tokens from other Wallets
?️How to Swap One token for another
?️How to find and enable Tokens already in the wallet
?️How to Create Multiple Trustwallet Account
?️How to Change the currency of your wallet
?️How to Setup Price Alerts when monitoring a token
?️How to buy NFTs

By the end of this lesson you will become an expert in using Trustwallet app. So, you should take this lesson seriously.

✅ Download & Activate Trustwallet App

Trustwallet app is one of the most popular and trusted crypto wallets. If you are investing in crypto IDOs and new projects this app is the best to use. Although, there’s also Metamask, but Trustwallet is the simplest to use by far, and it easily connects to apps to buy tokens on Binance Smart Chain Network.

To download an app on play store is simple, unless you haven’t done it before. Trustwallet is best with android phones. iPhones may have some limitations due to Apple policy on dApps browser.

Go to play store and search for Trustwallet. Once it’s found, open it and click on install. The speed of installation is quite fast. After downloading it will prompt you to open app. Click on open to go straight to the app for activation.

✅ The 12 Security Keyword Phrase

The unique 12 keyword phrase is the only access to your Trustwallet. It doesn’t use passwords or usernames. So during activation, it will give you 12 keyword phrase. You must not alter this words the way it’s arrange or lose it.

The key phrase is your secret unlock key to access your wallet should you change your phone or reinstall Trustwallet in any phone.

It’s best to copy this keyword phrase and save it securely. Note that during the first activation, it’s proper to copy this keyword out to enable you re enter them during activation.

One thing you must always adhere to about your 12 security keyword phrase is not to ever share it with anyone else. It’s private and the only access to your wallet. Anyone who has your keyword phrase has unrestricted access to your wallet.

✅ Understanding Trustwallet Features

Now that you have downloaded and activated your Trustwallet app, you need to understand the features and how you will use them. A lot of people don’t know half of the features in their Trustwallet. Don’t be like that.

It’s sad people don’t pay attention to learning but they want to be rich. Wealth is in the knowledge you keep ignoring. Learn to use your Trustwallet or someday it will cost you dearly. That day is coming if you don’t prevent this danger by learning today.

I’m going to take through the features and how they function. Since you have your phone and have downloaded Trustwallet, I will encourage you to practice this part of the lesson as you learn.

Below are key Trustwallet features:

?️Wallet
?️Discover
?️DApps
?️Settings
?️Send Button
?️Receive Button
?️Buy Button
?️Swap Button
?️Notification Icon
?️Token List Icon
?️NFTs Display Page

We will take each one with graphic explanation to help you see and practice along. Each feature may lead to more features like the SETTINGS. It has several other features in the settings. Each one will be explained with clarity.

✅ Wallet Features

There are key reasons you should really understand the wallet features. This feature not only helps display the tokens you have bought, it’s also were you can setup new token address.

Sometimes, you may have downloaded new Trustwallet and can’t find your token. You can search for it on your wallet. If it’s not there you may have to setup the missing addresses again. Once it’s setup your old tokens will come back too.

To setup new token address requires some understanding. Cryptos are built on smart contracts. So, each token project is assigned a smart contract address or CA. This address is what differentiates one token from another.

In order to manually setup new token you will need to have the following:

?️The network the token is built on e.g. Ethereum or Smart Chain)
?️Contract address (CA)
?️The token name
?️Token symbol
?️Token decimal

The contract address (CA) is the most important because that’s the Blockchain identity of the token. The contract of that token is represented by the contract address (CA). While the token name and symbol are just readable identities to help you pronounce or ID the token.

But the decimal is another thing. It refers to how divisible a token can be – from a zero (0) to 18. So, a token can have a different decimal from another. The popular decimals in use are 8, 9, and 18.

✅ How to Practically Setup Token Address

Here are the steps you can follow to setup a new token address, provided you already have the parameters described above.

?️Step 1: Open your Trustwallet and click on token icon at the top right side of your screen
?️Step 2: Use the CA to search to ensure the token is not already set on Trustwallet
?️Step 3. Scroll down and click on ADD CUSTOM TOKEN if the token isn’t found
?️Step 4: Select the right network token is built on
?️Step 4: Click on paste to auto paste the contract address. This will also help you populate other fields in the form
?️Step 5: If fields didn’t populate, then add remaining fields manually.
?️Step 6: Well done click on DONE at the top right side of your screen

Your token address is now setup on your Trustwallet. The more you practice doing this, you will master it fast.

✅ Token List Icon Feature

This feature is represented with an icon. It’s at the top right corner of your Trustwallet. If you have used the wallet feature explained earlier to setup a wallet address, you would have used the token list icon.

This icon gives you access to all the token address you may need. You can also hide tokens you don’t want to be seen on your wallet front page. You can go here to enable or disable any token from either showing or not showing on the front page of your wallet.

It’s also through the token list icon that you can access the ADD CUSTOM TOKEN feature.

✅ How to Find and Enable Tokens Already in the Wallet

If you are looking for any token address or want to make that token appear on your front page, here’s how to go about it. Sometimes, after deleting your wallet or if you recovered your lost phone or bought a new one, when you reinstalled Trustwallet you might not find most of your tokens on the front page.

If they are not showing on the front page, they are probably hiding in the token list, which you can find when you click on the token list icon.

?️Step 1: Click on token list Icon to open token list
?️Step 2: type the name of the token in the browser to search for token. If token has multiple tokens with similar name or clones of the same token, please use more secured option to search
?️Step 3: Search with contract address (CA) for accurate identity of the token
?️Step 4: Click on enable or disable button depending on what you want to do.
?️Step 5: If token is not found after searching with CA, you have to add token address again.

Note that if you have bought that token before it will still be there. Once you setup the token address it will all appear again.

✅ Discover Feature

This feature is sort of silent but it has its uses as well. It’s called discover for a reason. It’s a doorway to more discoveries in the crypto world. You will be amazed what you can discover in this feature.

One of the things Trustwallet developers want you to discover with this feature is the world of crypto passive income.

Crypto has several passive income opportunities that you need to be aware of and be taking advantage of. They include high risk, medium risk, low risk and no risk opportunities. And they are categorized as follows:

?️Staking
?️Nodes
?️Lending/borrowing

Each of them has its huge advantage and equal disadvantages as well. You will need to understand each kind of opportunity to understand how you can maximize your returns or minimize your risk.

Although, up coming crypto passive income opportunities may not appear in discover feature, it’s still a starting point to begin your discovery journey into passive income.

I will recommend you take advantage of all the bountiful opportunities for passive income offered by POSITION EXCHANGE.

✅ DApps Browser Feature

The DApps is one important Trustwallet feature you will find very useful. It’s your gateway to other apps and websites through your Trustwallet. The DApps helps you connect your wallet to apps so you can do the following:

?️Swap – Buy or sell tokens or NFTs
?️Stake or farm tokens
?️Trade Tokens On Dex platforms

The basic reason for DApps is to connect your wallet to other platforms so when you swap, buy or sell tokens or NFTs; including staking and farming, your wallet identified will be used and the transactions will be credited to you.

You should take this lesson online on How to buy tokens with your Trustwallet. The primary function of the DApps is as a gateway to the internet through your wallet. If you want to connect your wallet to any app or site, the DApps is what helps you do that.

✅ How to Buy Tokens with Trustwallet

One of the most important features of Trustwallet is access to buy newly launched tokens. If you are an enthusiasts of newly released cryptocurrencies, you should master buying tokens with Trustwallet.

I have also published other lessons where I explained this process, especially how to buy tokens on PancakeSwap. I will include the links here so you can also go through that lesson. But here I will explain how to buy tokens through Poocoin App.

Things you would be needing to buy tokens includes:

?️Binance Smart chain (BSC) coin
?️USDT coin
?️BUSD coin (Binance USD)

These 3 tokens are what you need to buy other tokens on BSC network. Poocoin app is one of the easiest ways to buy BSC (Binance Smart Chain) tokens. Follow this steps to buy tokens on Poocoin App:

?️Step 1: Click on DApps to open the browser
?️Step 2: type poocoin.app into the search browser to open the App
?️Step 3: Click on CONNECT to link your wallet with Poocoin App.
?️Step 4: Set it to BSC smart chain. Click on the network option and select Smart chain
?️Step 5: Enter the name of the token in the App search bar to access the token information. The best way to search is with the CA (Contract Address). Using the CA to search ensures you don’t mistakenly buy a scam, similar or clone token.
?️Step 6: Click on TRADE Button below the search bar to open the trade function. Poocoin will automatically place BSC coin as the payment coin on-top and the token you are buying below.
?️Step 7: Enter the amount you want to spent to buy the token beside the BSC coin or enter the amount of token you want to populate the actual cost.
?️Step 8: Set the Slippage to auto if it’s not already in auto slippage. Note that slippage rate defines the amount
?️Step 9: Click on SWAP to proceed to CONFIRMATION page
?️Step 10: Confirm that you are OK with the transaction to proceed to PAYMENT page
?️Step 11: Confirm payment after checking that the bill is ok by you

if you got everything right your new token should be in your wallet by now. Just go back to your wallet and check your newly purchased token.

Buying tokens is not the only thing you can do with the DApps feature. It’s just the main thing you regularly do with it. It’s also used to access and stake your tokens on staking apps. You can also sell off tokens through the DAPps feature. You have to gradually master the use of the DAPps.

✅ Trustwallet Send Button Feature

Sending tokens out of your Trustwallet needs only one feature. That’s the send tokens from your wallet to another wallet. It’s so simple to do this. What you need is just the following:

?️The token you want to send
?️The wallet you are sending to
?️Decide the quantity you want to send
?️Have smart chain token to pay for the network fee

This feature is primarily for transferring your tokens from your Trustwallet to any other Blockchain wallet.

Note that in Blockchain, you can only send a token to a corresponding token wallet. I mean, you can only send Bitcoin to a Bitcoin wallet address. If you send Bitcoin to an Ethereum address, you will automatically lose that Bitcoin. And such mistake is irreversible.

✅ Steps to Send Tokens to Other Wallets

?️Step 1: Click on the token you want to send out to another wallet
?️Step 2: Click on SEND button to open the send functions.
?️Step 3: Paste the wallet address you want to send token to (Note that the address must be correct. Any mistake will cause you to lose money. Copy correctly the address you are sending tokens to and paste properly inn the right box).
?️Step 4: enter the quantity you want to send or click on MAX to send everything in your wallet.
?️Step 5: Click on CONTINUE at the top right of your screen to move to confirmation page
?️Step 6: Click CONFIRM to complete the transfer.

And your tokens will be transferred to the specified wallet address. The receiver can then confirm receipt. But note that Blockchain transfer are irreversible. Once it’s sent you can undo it. If you send to a wrong address the money is gone forever. Since Blockchain address are unanimous, you can’t even identify who got your money or able to contact them.

✅ Trustwallet Receive Button Feature

After you learnt how to send tokens to other wallet addresses, you should also learn how you too can receive tokens from others. This feature is the simplest to use since it only requires you to copy the address and send it to the person sending you token.

You are just receiving, and so you are the one sending your wallet address to the person sending to you.

Trustwallet Receive Button allows you to access your token address to receive tokens with it. Each token address is unique and different. So, you must ensure you are copying the right one for the token you want to receive.

✅ Steps to Receive Tokens in Trustwallet

?️Step 1: Search and click to select the token you want to receive from another wallet
?️Step 2: Click on RECEIVE Button
?️Step 3: Click on COPY to copy the wallet address for the token or click on share ICON to share it
?️Step 4: Click on the app you want to share with, select the contact of the receiver and confirm to share

Note that this feature is only used when you want to receive tokens from another wallet.

✅ Trustwallet Buy Button Feature

Another way to buy tokens on Trustwallet is to use the BUY button. This process is different from the other way of buying tokens on Trustwallet. This one is a direct buy with debit or credit card.

But it’s not applicable to most countries like Nigeria, where crypto purchase with debit cards are banned. You still need to know how this work for future use, when government will remove their ban on crypto purchase through the bank.

However, this feature only allows you to buy certain tokens. Any token that can be bought directly on Trustwallet must have the BUY button. You can also search for tokens approved for buying on Trustwallet.

✅ Steps to Buy Tokens on Trustwallet

?️Step 1: Click on BUY button and search for tokens to buy or open the token you want to buy and click on BUY button.
?️Step 2: Enter the amount you want to spend to buy token. Trustwallet allows minimum purchase. If the minimum purchase is below what you want to buy you can enter the right amount.
?️Step 3: Click on the third party supplier to select your preferred supplier.
?️Step 4: Click next to redirect your transaction to the suppliers order page to make payment with your debit/credit card.

Note that once your transaction is completed the purchased tokens will be credited to your Trustwallet account.

✅ Trustwallet Swap Button Feature

This feature is rarely used in Trustwallet. But if you just use it, we will explore how it works. The feature allows you to swap selected coins for another. It’s like an exchange. You Exchange one coin for another,

It must be approved coins only. You can’t just swap any coin you want. It has to be only those listed in the Trustwallet swap list.

✅ How to Swap Tokens on Trustwallet

Follow this steps to swap your tokens directly in Trustwallet if you have to.

?️Step 1: Click on SWAP button to open feature
?️Step 2: Chose token you want to swap for another token and enter amount
?️Step 3: chose token you are swapping to
?️Step 4: Click SWAP to proceed
?️Step 5: View transaction confirmation page and click CONFIRM to compete transaction

✅ Trustwallet NFT Page

Trustwallet is not exploring NFT that deep for now. It’s only offering it’s simple wallet feature for storing your NFTs. You can use your Trustwallet to buy NFTs in OPENSEA marketplace for example or any other NFT marketplace.

Remember, Trustwallet only allow you to carry out such function on DEX (Decentralized Exchanges). You need to connect your Trustwallet address to any of the marketplace to be able to buy NFTs with your Trustwallet address.

✅ Trustwallet General Settings

The settings are very key features you need to master too. It has most of the features you enjoy on Trustwallet. The SETTINGS will help you do a number of things including:

?️Switching from one wallet to another
?️Creating additional wallets
?️Remove or add additional wallets to your app
?️Activating screen dark mode
?️Setting up security features
?️Get notification on transactions
?️Setup preferences like currency choice and DApp functions
?️Get notification of price changes
?️Connect to other wallet apps

There’s so much to learn in the SETTINGS but they are pretty simple to learn. Let me list them as they appeared in Trustwallet so you can understand what we are learning from each feature.

?️Wallets
?️Dark mode
?️Security
?️Push notifications
?️Preferences
?️Price alerts
?️WalletConnect

So, we will be exploring them feature by feature so it will all be clear and you will know which feature does what for you. It’s also important that you explore each feature as you learn.

✅ Wallets Settings

This feature allows you to do three important things with your Trustwallet. You can:

?️Create additional wallets
?️Switch from one wallet to another
?️Remove or add additional wallets to your app

Let’s explore how this can be done step by step:

?️Step 1: Click on Settings and select WALLETS
?️Step 2: Click on the PLUS + at the top right side of your screen and follow the prompting to create additional wallet like you did the first time.
?️Step 3: You can now switch between the wallets by clicking on any wallet you want to open it
?️Step 4: You can also remove any wallet from the app by clicking on the DOT icon beside the wallet to open delete request. Click on delete and the wallet is deleted from the app. Note that this feature doesn’t delete the wallet from Trustwallet. It only REMOVES it from the app.
?️Step 5: To add or Re-add a wallet to the app, click on the PLUS + at the top right side of your screen. And click on already have a wallet. Copy your wallet 12 keywords and paste it into the required space and click IMPORT.

✅ Dark Mode Setting

Dark mode setting is just to darken your wallet display. You can enable and disable dark mode at any time.

To enable dark mode click on SETTINGs and select DARK MODE. Then click on BUTTON to either enable or disable dark mode.

✅ Push Notifications Setting

This features let’s get alerts on transactions done on your wallet. You just set it once and it does the notifications when you send tokens, or receive tokens, or swap tokens, etcetera.

✅ Preferences Setting

You will like this feature like I do. It provide three main functions like:

?️Setting your Currency choice
?️Erasing DApps browser history
?️Disabling DApps from online activities

The currency setting allows you to set your display currency to any currency of your choice. It has both cryptocurrencies like Bitcoin, Ethereum or BNB and all the fiat currencies of the world.

You can also erase your browsing history and make your DApps offline when you don’t want it online. It’s also a security feature itself – helping you secure your Trustwallet from unauthorized access through the browser.

✅ Steps to Setup Your Wallet Preferences

?️Step 1: Click on setting to open settings options
?️Step 2: Click on Preferences to access the feature
?️Step 3: Click on Currency and chose the currency you want as display currency for your wallet. That’s all there is.
?️Step 4: Click on DApp Browser to open browser Preferences
?️Step 5: Click on ENABLE button to enable browser or disable browser. Blue colour shows browser is enabled.
?️Step 6: Click on CLEAR BROWSER CACHE to erase your browser history. You will get an option to clear browser, click (OK) or CANCEL is you want to change your mind

✅ Price Alerts Setting

This feature allows you to get price notifications for any token on your wallet. This alert will notify you when price moves up or down within a particular range.

To setup price alert just do the following:

?️Step 1: Click on PRICE ALERTs to open feature.
?️Step 2: Click on Price Alerts button to enable or disable alerts.
?️Step 3: Click on PLUS + at the top right side of your screen to add any particular token you want if not displayed
?️Step 4: To erase any price alert swipe the token left and click on DELETE button displayed beside it

✅ WalletConnect Settings

This function is rarely used but it helps you to link another wallet to your Trustwallet account. This features uses QR code scanner to link or import other wallets into your Trustwallet.

To access this feature, Click on WalletConnec, enable your camera to use walletConnect feature, point your camera to the QR code you want to scan and import into your wallet; and walletConnect will automatically read the code and performs the link process.

✅ Security Feature

I purposely skipped the security feature so I can treat it as the last feature, even though you will find it in the third row after wallet and dark mode. This feature holds the most important security feature for your Trustwallet.

This features prevents unauthorized access to your wallet. It’s like the security lock key. Since you don’t need passwords to login into your Trustwallet, it crated a lock key using your existing phone passcode and fingerprint (biometric) features.

The security feature will help you do the following:

?️Automatically lock your wallet when it’s not in use
?️Request transaction signing before a transaction can be allowed

Here are the list of options to enable or disable for security on your Trustwallet:

?️Passcode
?️Auto-Lock
?️Lock Method
?️Transaction signing

The passcode can includes 4 digit security number and finger print. You will need to use it each time you want to access your wallet or conduct transaction. This feature ensures that everything done on your wallet gets your personal approval.

✅ Steps to Setup our Trustwallet Security

?️Step 1: Click on security to open features
?️Step 2: to enable passcode click on the button beside passcode to turn it blue/on. You can also disable it by clicking on it to turn it ash/off. Also make sure you have passcode configured on your phone or it will direct you to configure passcode before you can enable it here.
?️Step 3: to Set your auto lock timing click on auto lock and click on the time you preferred for your Trustwallet security to lockup when it’s idle. You can also change the time to any option in the menu.
?️Step 4: To set lock method click on it and chose between passcode only or both passcode and biometric (fingerprint)
?️Step 5: To enable transaction signing click on the button to enable or disable it as per your choice.

Here are ways to help protect your Trustwallet:

?️Don’t share your key-phrase with anyone
?️Lock your phone at all times
?️Setup your security passcode on Trustwallet
?️Activate transaction signing on Trustwallet
?️Always clear your case browser after use
?️Disable your DApp browser when not in use
For the Trustwallet security you set it up once in the security section of the app. Go to your wallet SETTINGS and select SECURITY.
?️Activate PASSCODE
?️Increase AUTO-LOCK time on your phone
?️Choose double LOCK METHOD
?️And activate TRANSACTION SIGNING

The browser settings must be reset everything you finish using Trustwallet. The DApp browser is the only access your wallet has to connect to other Apps and site on the internet. It’s also the only access for other Apps and sites to access it. And that includes online hackers having access too.

If you don’t want to expose your wallet to hackers, always clear your DApp browser and disable it when you are done using it. And enable it only when you need to use the DApp browser.

✅ Conclusion

Trustwallet is number one crypto mobile wallet. And most of crypto transactions are mobile based. Your knowledge of this app is important in your crypto investment journey.

However, the security of your wallet should be top priority. With sophisticated hackers, learn to keep your wallet safe and offline when not in use.

That includes disconnecting from any site or DEX (Decentralized Exchanges) after every transaction. Exchanges are most hit for hackers and if your wallet is connected during such hack, it may lead them to you.

Finally, a lot of efforts was put into writing this guide. If you benefited from it please share with us your experience in the comment section. Thank you.

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Crypto Updates Grow Your Money

How POSI NFT Staking Works With Up To 200% Rarity

In today’s lesson, I want to spice up things a little bit. There’s so much to learn about NFTs but I want to push ahead to explain how to stake NFTs. It’s like staking tokens. But it doesn’t mean you are going to be rewarded with NFTs.

Staking NFTs is like staking tokens. The only difference is in what you are staking and how differently the values are measured.

NFT Staking might be more profitable than staking tokens. That’s because NFTs may have rarity which makes one NFT more valuable than another. It’s also based on these NFT rarities that the value of your ft staking (mining) power is calculated.

This post will explain more on how to go about staking NFTs and the advantage it has over staking tokens.

✅ How to Stake NFTs

Staking NFTs would require an NFT project that allows you to stake their NFTs. You can’t just buy any NFT and stake them. It has to be an NFT created on platform for staking. That’s the reason you should know the utility of an NFT before buying it.

You can buy NFTs for staking by casting one yourself, or minting NFTs or simply buying one off the NFT marketplace where it’s offered for sale.

✅ NFT Staking Metrics

Before considering NFTs for staking, you have to understand the benefits it’s affecting. Apart from APY or APR, NFT staking offers some hidden benefits like:

?️Mining Efficiency
?️Mining Power

✅ What’s Mining Efficiency

Different NFT cards have different mining efficiency based on the rarity of the card. Higher the level of NFT, the higher the mining efficiency. That means each NFT card will have different value based on its mining power. You can calculate the mining power of the NFT based on the mining efficiency.

✅ What’s Mining Power

Mining power means (Mining Efficiency Multiply Par Value) of the NFT. You will be receiving rewards based on the NFTs mining power, which depends upon the type of your NFT, and the token you used for casting, minting or buying it from the marketplace.

However, par value simple means the the original value of the NFT. That’s the amount or value of the token used to acquire the NFT. While the mining power is like a bonus increase to the original value of the NFT.

Let assume you bought an NFT with 100 token, and the mining efficiency of the NFT is 200% that means the mining power will be 200 tokens instead of the original 100 tokens you paid for it. Your earnings from staking the NFT will be calculated by 200 tokens and. It by the original 100 tokens.

✅ POSI NFT Pool

One of the easiest ways to start staking NFTs now is with POSI NFT Pool. You can get mining efficiency between 110 to 200 percent. The higher the efficiency of your NFT the more POSI you will earn.

However, POSI NFT Pool has low APY compared to the farms and vaults. The motivation for investors is to get higher mining power. But you may also need to invest more to get the chance of a higher mining power.

Let’s look at the chances of getting POSI NFTs with higher mining power.

?️Farmer NFT (110-120% efficiency) – You have 50% chance of casting a POSI farmer. That’s because 50% of POSI NFTs are farmer NFT.
?️Janitor NFT (120-130% efficiency) – You have just 30% chance of casting a POSI Janitor. Only 30% of POSI NFTs are Janitors.
?️Accountant NFT (130-140% efficiency) – 10% of POSI NFTs are accountants.
If you cast a POSI NFT, you chances of getting accountant NFT is just 10%.
?️Engineer NFT (140-160% efficiency) – just 8% of POSI NFTs are engineer. You only have 8% chances of getting and engineer NFT.
?️Pilot NFT (160-180% efficiency) – only 1.8% of POSI NFTs are pilot. To cast and get a chance of POSI pilot NFT is just 1.8% luck.
?️Boss NFT (180-200% efficiency) – You can rarely get a boss. The chances are just 0.2%. It’s the hardest POSI NFT to cast. Yet, it’s the NFT with the highest mining power.

✅ Conclusion

NFT Staking is one of the best ways to get into NFTs now with some guaranteed return on your investment. POSI is not the only NFT Staking project. There are so many other projects and more coming out with staking.

NFT Staking earnings are huge compared to normal token Staking. Because NFTs has mining power, which increase the value of your NFT in the Staking pool, and gives you more returns as well.

I would chose NFT Staking anytime over normal token Staking. The advantages are huge. And if it’s NFTs you bought, Staking it increases the value as well, and earns you passive income while you hold to sell at a much higher price.

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Crypto Updates

5 Important Crypto Buying Tips for Beginners

If you are new to crypto, learning should be your focus now. Don’t get carried away about how to make money without learning how it works. However, your learning should be 20% theory and 80% practicals. Practice anything you learn about crypto to make it stick.

You may have problem catching up to what crypto is about as a beginner. Don’t get discouraged or leave the class. If you run away today, you will be meeting us again in the future. By then you have lost years of advantage.

For those who are already enjoying crypto future potential greatness, here’s what you may be missing now. Learn how to buy crypto. This may sound strange to you but I will explain this in one of the lessons this month and probably in an audio lesson so you can get it much better.

Also, you know this is a free class, you won’t be getting any special attention or one-on-one guide. So, the best way to learn is to practice. I’m an investor like you too. I’m not a teacher who doesn’t practice what he teaches. That’s why I won’t have private time to attend to you unless I consider the situation critical.

We have old students here too who knows about crypto and they can help out. Always ask your questions here instead of sending it to me privately.

✅ Why You Need to Learn:

There are two main reasons you should learn about crypto investment. The fist one is:
Negative reasons…

?️It will save you from scams
?️Save you from investment loses
?️Save you from wasting your time in wrong investments
?️Save you from yourself ( Over-sabi mindset or I too know people)

The positive reasons are:

?️Learn to make passive income
?️Maximize your little capital
?️Know the right crypto projects to invest into
?️Learn to save your money in crypto instead of the banks
?️Learning to focus on real crypto investments and not following the crowd
?️Understand why you should invest in any crypto and how

There are probably more good and bad reasons you should be learning about crypto but I think this list is ok to explain my points for now. Let me also show you what you should be learning now.

✅ What To Start Learning As A Beginner:

Here are the few things you should start with if you want to go far. I will be teaching you more about them. I also have a 7 days free Beginners class lessons you can take. The link is at the end of this post. You will learn a lot as well from it.

?️How to buy shitcoins
?️The best strategy to buy shitcoins
?️How to analyze the right shitcoins to buy
?️Where to buy shitcoins
?️How to Claim Free crypto airdrop
?️How to protect your crypto wallet
?️How to define your own crypto strategy
?️How to earn passive income with your crypto investment
?️How to minimize your risk in crypto investment
?️How much you should start investing
?️Why you need to stay in a crypto group

There will be more to learn but here’s the best place to start this year. But let’s get to the process. What you need as a beginner investor to get Start is equally very important. Here we learn to do and not just learning for knowing sake.

✅ Important Crypto Tools for Beginners

Crypto is technology driven. If you don’t know the internet and how to use apps, you are already going to have challenges in this business. Now you will understand why you should have learnt about the internet all these years.

It’s still not late to learn because you will need your knowledge of the internet and mobile apps to navigate your way in the crypto space. Here are apps you will need:

?️Trustwallet app
?️Binance app
?️Telegram app
?️Twitter app
?️Discord app
?️Reddit app

These are just a few very important once. Download them and learn to use them. Apart from Trustwallet and Binance which are basic crypto app, others listed above are purely informational apps. A lot of crypto info flows through them and should follow the info if you want the money.

✅ Learn Fast With Practice

My job is to guide you on what you need to learn. It’s your job to learn and practice what you learn. I will not fail you. Don’t fail yourself. You may not have anyone motivating you to be better for yourself this year. But you have to motivate yourself.

Here’s the link for the 7Days/7 Lessons on Crypto Investment for Beginners. If this lesson is helpful, let me know in the comment box, which part you would want me to explain next.

It’s important you practice what you learn in crypto. Things change faster. Even crypto developers are struggling to catch up with the trends. And the speed of change is faster than you can imagine.

✅ Buy Into Good Cryptos Projects

Investing in crypto doesn’t mean you buy any crypto project out there. Pick what you buy. It’s best if you can get good recommendations. But don’t take every so called expert lists of cryptos to buy. Some of them are just doing adverts for respective projects.

It’s best to learn useful criteria for picking good crypto projects yourself. Knowing things for yourself will make a lot of difference in the end.

Conclusion

You shouldn’t dare to buy every crypto you come across, because you can’t. Stick with some cryptos and have a perfect plan of what you are buying, why and how. But the most important is learning about the projects you invest into.

Having one successful crypto investment is better than having many unsuccessful ones. If you focus on growing your investment in one successful project, it will go a long way to making you rich than tiny investments in many crypto projects.

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Crypto Updates Grow Your Money

Position Exchange Bond: How to Earn Fixed Passive Income

I’m not asking you to take any risk. There’s zero risk with POSI bonds. Although there’s volatility with Cryptocurrency investment, but this is one of a kind crypto passive income. And I will be explaining it more clearly in this post.

You may have heard a lot about BONDs. But before I even go into clarify what bond is, let me give you some brief overview and what to expect from POSI bond – in case you want to make quick decision.

?️It has fixed duration
?️It has fixed earning
?️You can stake it to earn daily passive income
?️The staking APR (Annual Percentage Return) is also fixed
?️You can trade or cash-back your investment
?️It’s safe and secure

And you can START HERE if you are bold enough to launch right into POSI BOND. That’s the link to connect you to position Exchange website. Now let’s start with explaining the bond.

✅ What’s A Bond?

According to Investopedia, a bond is a fixed-income instrument. And a fixed-income security or instrument is an investment that provides a return in the form of interest payment that eventually returns the principal at maturity.

This bond represents a loan made by an investor to a borrower. A type of I-O-U between the lender and borrower that specifies what is to be loaned and the payments.

✅ What’s POSI Bond?

Position Exchange Bonds work exactly like traditional bonds. Its a financial instrument that represent a loan from a lender to a borrower for a fixed return.

However, POSI Bonds are integrated on-chain as BEP20 tokens and powered by smart contracts. These bonds can be Issued, Exchanged and staked for a fixed and high Passive income.

Position Exchange Users can purchase POSI bonds and also stake it in the Bond Pool. This pool is with a stable and fix APR. The duration is determined and once the bonds reach maturity, the issuer pays back the investment plus interest.

The bonds are also backed by crypto assets as collateral and locked in smart contracts. While Payment to investor when bonds reach maturity will be ensured and guaranteed by Position Exchange.

✅ How POSI Bond Works

Imagine “A” is an investor who’s interested in purchasing the bonds with $1,000,000. “B” being the issuer will receive $1,000,000 from “A”. While “A” will receive 1,000,000 bond units.

But to make the bond secured and working, the issuer “B” must provide a security for the bond. This security will be used to pay investors “A” in case the issuer “B” defaults in payment upon the maturity of the bind.

After the agreed duration in years, the issuer “B” must pay back “A” the investor $1,200,000 (the face value $1.2 of the $1 per bond). The issuer “B” can claim the underlying asset, investors “A” can claim the face value from the smart contract.

In case of payment default of the face value, the underlying will be distributed among investors.

Also, “A” can decide to stake all the bond into to the staking pool to earn extra passive income with a fixed APR.

✅ Explaining More About Position Bonds

Let’s explain how the bond interest is calculated. You earn from bonds on a fixed return. Bond are sold at a fixed amount and returns are also paid on a fixed amount. If a bond is sold for $1 per bond, the returns maybe calculated at $1.2 per bond.

Example: (please note that this is just an example). Position Exchange (issuer) decides to issue bonds:

?️Issue price: $1.0
?️Underlying asset: 500,000 POSI (as security deposit for the bond)
?️Face value (par value): $1.2 (Price returns at maturity)
?️Quantity to Supply: 1,000,000 units
?️Duration: 3 years
?️Stake APR: 250% (to earn extra income by staking bonds in POSI pool)

The staking is the extra earning to enable you leverage your bonds. That helps you earn more income while waiting for your bond maturity.

✅ What’s Duration of Bonds?

Before investing in POSI bonds, you should know about the duration of your investment. Bonds are not short term investment. The duration may vary, but it’s from one year to any number of years.

POSI bonds have duration of two to three years or more. That means your bonds are invested for those periods. However, there’s option to cash back anytime.

✅ It Has No Impermanent Loss

Another big advantage of POSI bond is the issue of no impermanent loss. You know what impermanent loss means? Well, it means loss that’s not permanent – and that proves there’s no loss at all for POSI bonds, whether permanent or impermanent.

✅ Safe and Secure Investment

That brings us to the secure nature of POSI bonds. Remember that bonds are secured instruments. They are backed by guarantees, like insurance to guarantee your payment, as at when due.

So, your investment in POSI bonds is secured and backed by huge deposit by the issuer to cover for any inability or challenges of payment.

✅ Trade or Cash-back Your Investment

Although, bonds are long term investment, POSI bonds gives you opportunity to cash back at anytime you need money. That means you can sell your bonds if you need to raise money with it.

So, you shouldn’t be afraid of tying down your money for a long time without access to the funds in emergencies. With POSI bonds you can cash back anytime by offering your bonds for sale in the Position Exchange bond marketplace.

You might ask, why would anyone want to buy another person’s bond? Well, I will explain it more better in the next sub head.

✅ How to Exchange POSI Bond

POSI bond also have a marketplace. You will be able to exchange bonds through a buy and sell platform. Position Bonds can be bought and sold in Position Bond Exchange.

The marketplace is for those who missed buying a bond offer? They can get to buy from the bond marketplace, where those who purchased the bond offering can resell them. The seller might sell you the bond even at face value but you stand to earn from the bond pool from staking.

The Bonds are fully powered by Smart contracts and are implemented as BEP20 tokens. Once the Bond Exchange is fully operational, users will easily exchange Bonds like normal BEP20 tokens.

✅ Stake Bonds and Earn More

POSI bonds are stakable. If you have ever invested in POSI pool, you will love this one. POSI pool are the best choice for guaranteed passive income in the crypto space. You earn daily when you invest in POSI pools.

And POSI has also extended this great feature to its bonds. After you have bought your bonds, POSI allows you to use that bonds and earn extra passive income by staking it in the bond pool.

You will get paid in POSI token daily based on the annual percentage return (APR) defined during the bond sale.

By staking pool the bond, investors now could earn more Yield to Maturity (YTM).

✅ POSI Bond Fixed APR

Yes, the APR (Annual Percentage Return) is fixed. POSI offers you a fixed percentage earning for staking your bonds in the pool. Let me place some assumptions to help you understand the huge benefit of this fixed APR.

POSI bond APR can be 300% or 400%. That depends on the selling proposition for each bond being offered. But these APR are fixed for the duration of the bond contract. That means it doesn’t fluctuation or reduce because of the number of bonds staked.

You will earn exactly the amount stipulated in the APR for the years agreed. Assuming you invested 1,000 POSI in a bond. A 400% APR means you will earn extra 400 POSI from your bond. Remember this is different from the interest paid on the bond.

✅ Conclusion

If you ask me where to invest $1 million right now, I would say POSI bonds. Think about the huge returns from the fixed APR, plus the interest earned on the bonds. That’s a massive YTM (Yield to Maturity).

And you can start with any amount of POSI, depending on the minimum POSI equivalent for a unit of the bond. You can get started now by connecting your wallet to POSI site. The best wallet to use is either Trustwallet or Metamask.

Once you have your wallet connected to POSI, you can buy the bonds or any other investment product on the POSI portal.

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