Investment for Passive Income

Recap of Live AMA Session held on September 22nd

Here’s a little recap of our Live Session on “Investing for Passive Income” held on September 22nd. The webinar was hosted by Nitin Agarwal, Founder of B21 Invest.

AMA Session:

Q — While investing in Crypto, what is your strategy? Can you share some of your experiences?

A — I am a believer in Crypto and I believe that it is the next asset class. So, while I have kept some of my money in safety instruments but the rest of the money I do invest it in Crypto keeping it for the long-term. I look at the price and buy the coins if there’s an opportunity but I don’t’ buy and sell it frequently meaning I do not trade.

Q — How to invest in Crypto?

A — It is very easy to invest in Crypto. There are many platforms available including B21 where you can go and invest easily. It’s better to start investing small.

Q — Harshit: Is it good to hold crypto for long as in more than 2 years?

A — That’s how I would do it. In a shorter period of time, the prices always go up and down but if you look for a longer horizon, it is going be the winner.

Q — Golden Janek: Old Solid Coins or New Coins, your suggestions?

A — It would be best to do your own research by looking at the project, the team, know your strategy, and then invest. Coming to me, I look at the older ones, I hold them for a longer period of time, and because I like to support the ecosystem so I do try to play on shorter ones as well.

Q — Bharat Ogirala: Based on your experience, where do you foresee Bitcoin going in the next 2 years?

A — I think in 2 years, we’ll see more and more businesses and individuals using Crypto as an asset class, it will be also be used as a transactional currency.

Q — Shivangi Khanna​: Staking how does it work on B21?

A — On B21, staking is coming very soon. We are building to help you stake the entire portfolio in one go, it is going to come in a few weeks and we hope to do a Live Demo session when that happens.

Q — Janek: Are investment platforms safe to keep crypto?

A — There are many platforms for that, it’s better to do your own research and then keep your assets in the place where you trust.

Q — With B21, can I diversify my portfolio? Some in Stocks, some in MF, some in crypto?

A — That is exactly where we are going. Today on B21, you can do it in crypto only that too in different types of Crypto, it does take time to build that but we are for the investors’ community and we’re building a place where you can in the future invest in Crypto, Mutual Funds, stocks and more.

Q — Manoj: How are Crypto and DeFi expected to transform business in the future?

A — It is bringing more competition in the financial space. Banks are becoming creative, regulators are becoming creative and it is going to be easy to invest slowly and steadily.

Q — Which is better, SIP or Mutual Fund?

A — The basics of investing says that you one can never time the market, so you should always invest in a diversified portfolio and invest regularly.

Q — Parth: SIP on B21?

A — Yes, it is a work in progress. Stay Tuned!

Q — Sagar Sarda: Are you planning to bring Mutual Funds as well on the B21 app? Can we get one platform that will let us invest across all asset classes available to invest on earth?

A — That is exactly what our mission is. We are building step by step, we have cryptos right now, we’re working on Mutual Fund, global share, and various other asset classes. So, we are looking to build a place that will enable you to invest in several assets.

Q — Boris: Why staking interest is higher on Stable coins like USDT?

A — The reason behind this is the people are borrowing more USDT right now because I think in a stable coin world, USDT is the most paired and has a larger trading volume even more than the Bitcoin.

Q — Anuj Singh: Will B21 be simplifying investing in DeFi?

A — Yes, we are working on bringing the DeFi projects very soon.

Q — Anuj Singh: When B21 is coming live on exchanges?

A — Very Soon, but at present, we are focusing more on the product and bringing more users to the platform.

Q — Aman Gangawani: How can crypto be converted to common monetary incomes?

A — It is very simple. You can invest in crypto, and earn staking rewards on certain platforms. You can see it on the B21 app, and it is easy to convert your crypto to fiat on the platform.

We look forward to conducting more such live sessions and will keep updating about it on all our Social Channels, so don’t forget to follow us!

Stay Safe. Invest Regularly.

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July 2020 Update (12)

What is the B21 token?

B21 token is an Ethereum based ERC20 token that forms the base of all transactions, fees, and rewards on the B21 mobile app. You will be able to buy B21 tokens directly on your mobile app and hold it to enjoy exclusive benefits.

What utility does it serve?

  • Different utility tokens have different functionality based on the nature of the project and the B21 token also serves a purpose by forming the base of all transactions, fees, and rewards on the B21 mobile app.
  • B21 token gives exclusive rewards to users –
    • VIP Account — You can become a VIP member by holding 300 B21 tokens in your wallet. By becoming a VIP member, you can enjoy low fees while buying and selling crypto coins on the B21 app.

How to buy B21 tokens?

  • At present, you can buy B21 tokens on the B21 app using your credit card/debit card, bank transfer, and other local payment methods based on your location.
  • You can also earn B21 tokens as a reward on the B21 app –
  1. Sign Up Reward — Complete your profile and you will earn a $2 signup reward.
  2. Welcome Bonus — Earn B21 tokens worth $5 as a welcome bonus on your first investment of $50. Also, on every next investment of $100, earn a $5 reward.
  3. Refer and earn — Refer your friends to try out the B21 app and both you and your friend will earn $2 on successful registration.

What’s more with B21 token in future?

  • Listing B21 token on Exchange — We are talking to some of the top tier exchanges and will soon announce on this
  • B21 Card — Very soon, you will be able to use the B21 International Card to spend your cryptos anywhere

Stay Safe. Invest Regularly.

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B21-integrates-UPI-for-Indian-Users

B21 Invest – Monthly Update June 2020

Exciting things are happening at B21. There were a few things we promised to our users based on their feedback and we are glad to share that we have implemented a lot of new features in the B21 Invest app and have improved the User Experience even more. 

In this blog, we are going to share the updates we made in the month of June –

  1. We have integrated local payment methods for two of our largest user base (yet)
    •  ACH, the local bank transfer method for our users in the US. Now US users will have instant deposits and withdrawals with ZERO FEES on their B21 app
    • For our Indian users, we have integrated the much awaited UPI payments and now they can enjoy faster and low fee bank transfers
  2. We have completely revamped the Signup process and now a new user will be able to interact with their B21 app before completing the KYC process
  3. We also integrated B21 native token in the mobile application and users can invest in it to avail even more benefits and rewards –
    • Refer and earn  – Refer your friends to try out the B21 app and both you and your friend will earn $2 on successful registration
    • Invest and earn – Now your first investment of $50 will earn you a bonus of $5 in B21 tokens and every subsequent investment of $100 will earn you a bonus of $5 in B21 tokens
  4. You can now simply enable a 6 digit passcode for logging in your app, thereby removing the hassle of typing your email ID and password everytime. 

Apart from these major product  updates, we have also made performance updates to give you a seamless investing experience. We are also partnering with leading payment and investing companies to grow the B21 family even more. Stay tuned on our Social Media handles for more information. 

As always, your valuable feedback is much appreciated!

Invest Small. Invest Regularly. 


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