What is Ripple and How to Trade it Online

Money transfer and international remittances is one of the largest financial industry in the world. The need for these services has increased with the growth of globalization. Globalization has enabled people to move from their native countries to other countries in search of opportunities. Companies too have become more global.

All this has led to the disruption of the traditional money transfer companies like Western Union and Moneygram. They have been disrupted by companies like PayPal, Skrill, Transferwise, and Venmo among others. Still, the challenge of sending money abroad has not been solved entirely. There is the problem of the duration the funds take before they arrive to the recipient. There is also the problem of the fluctuating currencies and the price of sending the money.

To solve these problems, three young men – Arthur Britto, David Schwartz, and Ryan Fugger – developed a company known as Ripple in 2012. The company operates in the Real Time Gross Settlement System (RTGS) industry which enables companies and people to send money faster and cheaper.

It is built on a distributed open source internet protocol, consensus ledger, and the decentralized digital asset called XR. The technology has become so popular that it has been adopted by some of the biggest banks and remittance companies. Companies like Western Union, Santander, American Express, and Credit Agricole have adopted the technology.

As a trader, it is possible for you to make money trading the ripple assets. Today, one ripple costs $0.5, which is a significant low from its all-time high of almost $4. Ripple has a market value of more than $20 billion making it the third largest cryptocurrency after Bitcoin and Ethereum which have a market value of more than $111 billion and $52 billion respectively.

Like Bitcoin and Ethereum, you can buy Ripple for speculation purposes. This is where you buy a few Ripples and store them in your wallet and hope that the price will go up. Since Ripple is one of the least expensive cryptocurrencies, small movements could make you earn a fortune if the price moves in the same trajectory as Bitcoin and Ethereum.

You can also trade Ripple CFDs using forex and CFD brokers. Here, your role is to find short term opportunities to buy or sell the Ripple. By buying, you hope that the price will move up while when you sell, you hope that the price will fall.

To know when to enter a buy or short position, you need to be good at fundamental and technical analysis. Fundamental analysis entails looking at the key issues with Ripple and the market itself. For example, when a new major company adopts Ripple, the market will react by buying more XRPs. If an early adopter exits, traders will react by selling their holdings.

Technical analysis on the other hand entails using one or a combination of multiple indicators to predict the future movement of the CFD. Ideally, you should use indicators that show when a trend is forming, and then confirm the trend with oscillator indicators. By taking time to learn more about these indicators, you will be at a good position to be an excellent Ripple and other cryptocurrencies trader.

Freelance Online Payments – How to Reduce Your Fees

A growing number of people is migrating to the online work environment. This is mainly the case due to the fact that online freelance work is the most liberal labor market in the world. You can negotiate directly with clients from around the globe and set your work conditions without the middleman.

What can be inconvenient in this form of work are payment procedures. When you’re getting paid online, you might have to pay high fees to the payment mediators. In this guide, we’ll explain how to reduce fees for online payments.

Pay less using PayPal

PayPal is one of the most popular online payment services, due to its reliability and expediency. However, it also charges some fees for online payments. For entrepreneurs and online workers it’s $0.30 plus 2.9% of the paid amount of money. For larger transactions, it can be a substantial sum. Here’s what you can do to minimize these fees.

Getting paid as a friend or a family member

If you use PayPal to create invoices for your work, you’ll automatically be charged the aforementioned fee for business users.

However, if you use another option, such as an online invoice maker, or an accounting software, you can write in that invoice that you are client’s relative or friend. By doing so, you’ll dodge the payment fee and keep a few cents more on your account.

The main drawback of this payment is the step in which the client needs to sign in their PayPal account and authorized this friend/relative payment there. Also, the payment they make that way won’t be protected, which can be off-putting for some clients.

That’s why you should suggest this payment hack only to reliable and long-term clients.

A direct transfer to a bank account

Another clever way to access your PayPal payment without fees is to make a direct transfer to your bank account. It will take one or two work days for this transaction, which is an acceptable amount of time.

Nevertheless, you need to check with your bank the currency exchange rates. Some online freelancers get paid in dollars or euros, but they can only withdraw their payment in their domestic currency. Since there are usually some fees here, make sure to double check these conditions.

Online payments via credit cards

 

More and more online entrepreneurs are turning to plastic payments. Credit cards are omnipresent and they’re accepted as payment methods in every corner of the world.

Also, their providers are constantly making an additional effort to improve their security features. For instance, Mastercard has recently started using the fingerprint technology for their cards.

What you need to do if you want to get paid via credit cards is to create an account on Wave, PayPal, or any other online payment platform. When your client makes a credit card payment, it’s processed to your account. After that, you withdraw your money via the option you’re previously chosen (read the PayPal paragraph above).

In case the number of payments you receive via credit cards rapidly increases, think about getting your own processing terminal for this sort of payments. E-commerce entrepreneurs often have the need to start using these payment options, to reduce their fees and speed up the payment procedure. Read more about the solutions in the article published by PC Mag.

 

Electronic funds payment

If you want to receive your payment as fast and least expensive as possible, you should use the electronic funds’ transfer. With this payment method, the money is transferred directly from your client’s bank account to your bank account.

The greatest benefit for both parties is the fact that there are no fees. Also, there’s no hassle with paper documents, stamps, or any other nuisance that could waste your time. Apart from that, you can do the entire procedure from the comfort of your home.

A fly in the ointment here is the fact that it might take a few days if the sender and the receiver of this payment have accounts in different banks. In that case, there also might be some payment fees, but they may vary from bank to bank. Because of that, ask your bank officials about these potential fees.

Conclusion

Working in this day and age has many benefits, especially in the online community. Still, getting paid electronically includes some inconveniences, like fees and payment delays, which can make it difficult for you to get properly paid for your work.

That’s why it’s imperative to check the terms and conditions of the services you’re planning to use for payments. There are always some ways to reduce the fees, like the ones presented in this article, and make the most of your online work.

AuthorBio: Mark is a biz-dev hero at Invoicebus – a simple invoicing service that gets your invoices paid faster. He passionately blogs on topics that help small biz owners succeed in their business. He is also a lifelong learner who practices mindfulness and enjoys long walks in nature more than anything else.

Should Your Office Have an Outdoor Area

Landscaping is usually one of the last things you think of when considering your business, but it’s still an important part; after all, the outside of your business is the first thing your customers see and contributes to their first impression of your business.

Beyond that, creating a pleasant outdoor space like a courtyard to discuss business with your clients or allow your employees to enjoy the weather on a nice day while on their breaks can be a nice touch to impress new clients and improve employee morale. In this article, we’ll provide you with some information to help you decide if you should put an outdoor area outside your office and also provide you with some tips to get you started.

Benefits of Adding an Outdoor Area

Adding an outdoor area to your office can provide many benefits for your employees, customers, and your business as a whole. First off, it’ll make your office building look official and established to have a well-designed outdoor area like a courtyard.

It can also help to create a calming atmosphere for your employees and customers, especially with a pond or fountain. Outdoor areas also provide a safe and convenient place for your employees to go to take a break from work, eat their lunch, or meet with customers or clients. An outdoor area can be a great investment towards impressing and pleasing your customers or clients and improving employee morale.

Downsides to Adding an Outdoor Area

There are a few downsides to having an outdoor area at your office which you may find insurmountable. The first downside to an outdoor area is the price. It can be expensive to put make all the changes and purchase everything you need for an outdoor area like a courtyard.

The expense also varies based on how elaborate of an outdoor area you’re wanting putting in. If you’re the project is going to involve landscaping, laying down cement for a patio or carport, or a pond it’s probably going to be pretty pricey. However, you can minimize your outdoor area and save some money, if that’s a large concern. There’s also a fair bit of upkeep involved with an outdoor area, especially when there are flowers and foliage involved that need to be cared for regularly. If there are large expansions of grass, the mowing of said grass will also be a responsibility you’ll have to consider.

What Should You Consider Before Putting in an Outdoor Area

There are a few necessary things for you to consider before you put in your outdoor area. First, you need to see what you have room to put into space outside of your office and if it’s financially and physically possible to make the image you have in mind happen.

If a pond is something you’ve considered, you will also need to consider pond pumps and other necessary tools for you to keep a healthy pond. You’ll also have to consider if you need a landscaper or landscaping crew to implement your image because that could be expensive. You should consider several different options around your area for landscapers so you can ensure you’re getting the best services and the best price.

Samsung Pay and PayPal United

Back in July 2017, Paypal announced its collaboration with Samsung Pay. Which allow consumers to use PayPal as a payment option. This partnership will provide PayPal users freedom to choose and money management.

But it is only today, PayPal made it happen by announcing that consumer can actually use PayPal within Samsung Pay
and make a purchase at the millions of retailers that accept Samsung Pay. Samsung Pay user can load their PayPal account with the debit card found in their PayPal wallet while earning Samsung Rewards points.

I think this a good news for people who actually make money online using PayPal. They can just use their money that they earn online without hassle to transfer it or cash out to a local bank.

With Samsung Pay works with both NFC and MST, you can swipe or tap a card. You don’t have to carry a lot of cash and easy to use.

How To create a PayPal top-up card within Samsung Pay :

On Samsung Pay home screen, Tap “+” symbol on upper right hand
Select “Add PayPal” in the “Add payment card section”
If you have One Touch enabled, the account will be provisioned. If not, you’ll need to input your account credentials.
Press “Next” and enter a pin for in-store purchases
Select a Debit or bank funding source to top-up the account
Press “Agree & Continue” and you’re all set!

PayPal guarantees that when a consumer uses a phone to pay in stores, it doesn’t send their actual payment
information to merchants. Instead, PayPal will use a virtual account number tokenization system that will represent
user account info.This will limit the information shared to a merchant and protect user privacy.

Samsung Pay is a unique and interesting virtual wallet available. This is because Samsung smartphone can interact
with a traditional magnetic stripe which makes it can be widely used. Samsung Pay also offers great security features such as biometric authentication, tokenization of payment credentials and Samsung’s Knox security platform.

Source: PayPal

Money Save: Determining How Big of a Self-Storage Unit You Need

Now you have made the decision to get a storage unit to store your stuff in, you need to do a little work in helping to determine what exactly you will need in regards to size. There is a fine balance between having too little space in a unit and having one that is way too big for your needs.

The best thing to do is to think about the things that you are looking to put in storage and then take it from there. One of the best tools you will have at your disposal will be that of talking to a person at the storage unit and see what they suggest for your needs.

How Much Stuff Do You Have?

The biggest question you will need to answer is how much stuff you have to put in storage. I have suggested to people in the past to take all of the stuff and put it on a list as to what you are taking to put in storage.

This is a good bit of advice as it helps you to keep it straight in your head as well as help you to make sure that you don’t forget anything. This list will be important and you will need to make sure that you keep it somewhere that you can remember where it is.

How big are the things you are putting into storage?

The things that you are putting in storage matters as to how big they are and how much space will they take up. Boxes will take up a lot less space and you can fit more in the unit as opposed to having a lot of furniture that you are looking to put in the storage unit.

Take a little time and figure this out. After you do this, then you are ready to head to the storage place and talk to the person on staff to see what they have and suggestions for you.

Talk to the Manager and Take their Advice

The person working at the storage company will generally have the needed knowledge to help guide you to what options you have for storage and where your best bet will be.

You also need to talk to them to make sure that they have a storage option for you that will work and won’t break the budget. The other reason that they need to know how big of a unit that you need will be to help them know if they have a unit or not. You may need a 10×10 unit and they don’t have it.

As you can see there are a lot of things that you need to take into account when making a decision about how big of a unit that you need for all of your storage needs. This will make the process a lot less stressful if you use a place such as https://storebox.co.uk then you will see that this process will be a lot more easygoing than you had thought it would be.