Demat account is an online repository for the storage of the shares bought and kept in a secured digital format, while a trading account acts as a transacting interface between the buyers and the sellers in the stock market. It is easy for most people to get confused between the difference between a Demat account Read more about What is the difference between a Trading Account and a Demat Account?[…]
Mining is the process by which a new cryptocurrency is created. Miners are rewarded with cryptocurrency for investing their computing power to solve a block’s puzzle. The difference between regular cryptocurrencies and those meant for mining is that the latter have different algorithms that make them more difficult to mine. Bitcoin, for example, uses the Read more about What is mining: Top 3 mining Rigs?[…]
In simple words, we will be covering and explaining the need and working of the insurance industry You may have come across this wonderful Cred advertisement where Kumar Sanu sings you this beautiful insurance pitch. If you have been wondering how Kumar Sanu’s firm makes money from selling insurances then you have reached the correct Read more about What is insurance?[…]
Just like how the SIP is basically the periodic transfer of money from your bank account to a mutual fund, ETF, or stock, the STP is the periodic transfer of money from one mutual fund plan to another. This helps to reduce risks and balances returns by staggering your investments in mutual funds. If you Read more about What is a Systematic Transfer Plan (STP)?[…]
This article talks about bulk deals, why it is important, who can enter bulk deals, how can we track bulk deals, and how it differs from block deals. When an investor buys or sells more than 0.5% of the total outstanding equity shares of a company listed on the stock exchange, the investor is said Read more about What is a Bulk Deal?[…]
The definition of a node varies depending on the situation. In computer or telecommunication networks, nodes can serve as either a redistribution point or a communication endpoint. A node is typically made up of a physical network device. However, virtual nodes are occasionally employed. What is a node? A blockchain is made up of data Read more about Beginner’s Guide to Blockchain Nodes[…]
Flexicap funds are multi-cap funds that invest at least 65 percent of their corpus funds in companies across the market capitalization range, including large-cap, mid-cap, and small-cap enterprises. Introduction Flexicap funds are multi-cap funds that invest at least 65 percent of their corpus funds in companies across the market capitalization range, including large-cap, mid-cap, and Read more about What are flexicap funds?[…]
This article talks about WazirX, its features, business model, fundings, and competitors. Cryptocurrency investment is gaining popularity in India. Investors are looking at crypto as an option to diversify their portfolios. Though there are still no proper regulations in India with regards to crypto trading and taxation, it is completely legal to trade and invest Read more about WazirX App Review[…]
Introduction It doesn’t take long once you get involved in the new digital monetary systems known as cryptocurrency to realise that these transactions are risky. And we’re not talking about the market’s volatility. Scams abound on the internet, and bitcoin exchanges are no exception. Be aware of the risks of losing your bitcoin investments when Read more about Watch Out for These Top Crypto Scams[…]
Voluntary Provident Fund is one of the most under-utilised investment option by the salaried employees. Read the article to know more. A Voluntary Provident Fund, also known as VPF, is an employee voluntary fund contribution beyond the mandatory 12% toward his/her existing EPF account. An employee is eligible to contribute up to 100% of his/her Read more about Voluntary Provident Fund[…]