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Manage and invest your money well in the digital age

Covid-19 crisis. Rising energy prices. Lack of time. Society is driving dematerialization. Banks are no exception. Today, everything is done from your home. Check your account from your bed or invest from your garden. Focus on a new way of consuming banking products.

Manage your money well from the comfort of your own home

Far from traditional online banking, online banking is reinventing the user experience. Completely dematerialized, online banking allows complete management from your couch. These are the different benefits to your daily life.

More time for what really matters

No more endless queues behind a counter. With an online bank, everything happens remotely. In many such banks, advisors are available for long hours, by phone, by email, or sometimes by webcam. It is then possible to make a phone call in the evening, or even on weekends.

In addition, an account is opened with a single click. The signature is electronic and the supporting documents are downloaded. Here, too, you don’t have to move and get stuck in a traffic jam. Your card arrives in the mail a few days later.

Almost ghostly bank fees

If you’re on the verge of a heart attack when you count your bank charges, online banking is for you. This is also its number one advantage: it’s almost free to use.

Unlike “physical” banks, online banks do not have:

  • physical money;
  • surcharges for operations;
  • administrative limitations;
  • of “showcase” premises.

This allows them substantial savings that benefit users.

In addition, card fees are almost non-existent. In fact, most online banks offer a free basic card. And, payment cards are cheaper than in traditional institutions.

Increased profitability of savings products

Often described as a simple and simplified means of payment, online banking has other advantages. In fact, this type of bank is also an excellent savings tool.

If the traditional savings get a bad press, it’s because their rates are very, very low. This is not the case with an online bank. It is true that it is not Peru, but it offers several products at attractive prices:

  • the savings books called “savings superaccounts”, because without management fees they offer more attractive rates of return;
  • life insurance contracts, here again free of charge, offer a higher return than their traditional bank cousins;
  • Stock orders, great prices, speed and special offers are once again a hit among users.

Management without problems

Comfort. Here’s another advantage of online banking. Here everything is managed remotely. From a smartphone, tablet or computer, access and manage your account 24 hours a day without moving from the couch.

Designed primarily for you, dashboards are more ergonomic and intuitive than traditional benches. Everything can be used independently. However, helpers are available if needed.

Innovation at the service of the consumer

Innovation is the spearhead of online banking. Everyone has their own innovations. Check the management, the budget tables, the currency control, it’s up to you to see what is most useful for your use.

Reverse while watching Netflix

Considered for a long time the courtyard of traders, the stock market is becoming more democratic. Among all its products, cryptocurrencies are very successful. Updated and easy to use, they can be purchased and traded directly online. Some explanations.

Cryptocurrencies, a double-edged sword

Investing online is a popular trend. And it is likely to persist. The most popular products for this purpose are cryptocurrencies. They have the advantage of being very volatile, and often on the rise. That means you can make a lot of money quickly … but also lose it, so be careful.

An informed choice to increase or decrease risk

In recent years, cryptocurrencies have been showing impressive results. However, past performance does not necessarily predict future performance. Also, if it’s never too late to get in the car, let me know before you start.

First, invest in a low-volatility cryptocurrency. If it serves as a waiting room for experienced traders, it allows novices to make their first investments with little risk. These stable currencies are divided into three types:

  • the stable currency FIAT;
  • stable currency without collateral;
  • the crypto-collateralized stable currency.

In a second step, you can start diversifying. Therefore, it is advisable to invest in authoritative cryptocurrencies, that is, cryptocurrencies that are already known and established. The most famous are:

  • Bitcoin;
  • Ethereum;
  • the Solana;
  • Earth;
  • the avalanche.

For your transactions, choose a reputable platform. Look at its market reputation, its antiquity and its guarantees.

Nowadays, there is no need to queue endlessly or ask for the intervention of intermediaries to manage your money. Online banking and stock market products are just a click away.

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