Ayodeb: Majority of Nigerians in MLM companies today have joined at least three different companies in the past 3 years. It is rare to see those who have stayed with a particular company for up to five years. They run from one company to the other. Looking for the so called hottest, newest in town. This is not how to make a fortune in the industry. If you are serious about making a mega income from Multilevel Marketing then do yourself a huge favor by printing this material and read them carefully. I am about to disclose to you the secret formula for success, known only by a select few to make millions of dollars, disclosed for the first time ever! There are six proven parameters to success in MLM. Before you join any company they must strictly meet up the six parameters. Once you have found one stay there forever and you will amass a great fortune! 1. They are health and wellness companies. This is not surprising! Traditionally, the biggest checks have been earned by the greatest number of people in health and wellness companies. It’s more true today than it ever has been as there are some unique events taking place in the world today that are converging to turn the wellness business into the next trillion dollar industry! First, you have the aging of more than 1 billion “baby boomers,” individuals born between 1946 and 1964. “Boomers” are the largest demographic audience in the world and the group with the most discretionary or spendable income. What are they interested in? Looking younger, living longer, being healthy, and leading a more active lifestyle. Second, you have the failure of health care systems to keep people. Third, you have the increasing cost of health care. Fourth, you have new bugs and viruses coming at us such as Swine Flu and Bird Flu. Fifth, you have new discoveries and studies that validate the efficacy of various plants and fruits in fighting disease and aging. Sixth, more and more doctors are recommending supplementation in lieu of recent scientific studies and because the soil our foods are grown in today are minerally deficient due to such factors as soil erosion and over-farming. As a result, people are taking a more proactive role in their health and sales of nutritional supplements and health products have skyrocketed! According to Paul Zane Pilzer, noted economist, best selling author, and advisor to several U.S. Presidents, “More millionaires will be created in the wellness industry this decade than were earned in the real estate boom of the 80’s or the Internet gold rush of the 90’s.” Could you make some money marketing travel, telecommunications, online shopping, video email, skin care and make up, and a host of other products or services? Sure, but you’re not interested in making some money, remember? You’re looking to make a smart business decision, one that increases your chances for success and that maximizes your potential to earn the biggest income possible! 2. They have a limited number of products. Once again, hardly surprising. It’s easier for the average person to learn about a few products than it is to learn about and effectively promote 30-40-50 products, several hundred products, or several thousand products. In fact, the fastest growing companies over the past 10 years originally launched with just one product or a few products geared around one concept, and even to this day, still have only a few to maybe a half a dozen to a dozen products at the most. Are there some companies that have 30-40-50 products, several hundred products, up to a few thousand products? Yes. You’re not interested in some companies, remember? You’re interested in what types of companies have had the greatest growth and the most success, and those are companies that have a limited number of products, 3. They have a “binary” (2 team) pay plan with matching bonuses. This too is hardly surprising if you have a basic understanding of the 4 types of pay plans that have dominated the industry over the 30 years. Be sure to read my next write up which discusses all 4 types of pay plans, especially the difference between the pay plans of “old school” companies like Tasly, Tienshi, Dynapharm, Edmark, Oriflame, Neptune, FLP, GNLD, and DXN . You’ll be shocked at your discovery! Most exciting, you’ll discover why binary pay plans have not only created the fastest growing companies in network marketing history, but have also created the biggest checks for the greatest number of people in the shortest period of time! 4. The company is at least 3-5 years old! You should avoid ALL new, start up, groundfloor network marketing companies! Why? 98% of ALL new MLM companies FAIL in their first 2-3 years! You don’t want to be a guinea pig in someone’s grandiose scheme or grand experiment! Remember, you’re looking to make a decision that puts the odds of success in your favor, not make a decision that forces you to beat the odds in order to succeed! Whenever you try to beat the odds, you’re virtually guaranteed to fail! Jumping on the latest, greatest, hottest, new company is trying to beat the odds! You’re betting that some new company you get involved with is going to be the rare 1, perhaps 2 out of 100 new companies that will survive at least 3 years! Did you know that you can get better odds gambling in a casino! Let others make the mistake of jumping on the latest new, start up company that claims its going to be the next billion dollar giant! (There’s a huge difference between an established company being new in a country and a new company just launching or being a few months to a year old.) Have You Ever Been Told the “Big Lie?” Don’t fall for the “big lie” that many people involved in new, groundfloor companies promote: “It’s those who get in at the beginning when a company first starts who make the big money.” It’s NOT true! First, most of the top earners at the older, more established companies are NOT the ones who were in when those companies first launched 10-20-30-40-50 years ago! For example, Dexter Yeager has been with Amway since the 1960’s and has the world’s largest Amway organization, yet he is not the #1 earner! Amway’s #1 earner is from Taiwan and he didn’t join the company until 1982, around 20 years after Dexter first got started! Geri Cvitanovich was the 2nd person to ever sign up in Herbalife, starting with the company back in 1980, yet she is not the #1 income earner! Enrique Varela and Graciela Mier from Mexico are the top earners, even though they started in Herbalife 10 years after Geri first signed up! USANA had been in business for 15 years before Rita Hui became a distributor, yet, within 3 years, she zoomed to the top of USANA. So, don’t fall prey to the big lie that it’s those who get in at the beginning that make the most money! It simply isn’t true! New, groundlfoor, start up companies know there’s a 99% probability they won’t be in business 3 years from now, so they have to try to hook you with something that will appeal to your greed-now you have the facts so that you’re no longer fooled! Second, if that new, groundfloor company is not in business 2-3 years from now, how can you create a lifelong residual income or make a fortune if the company is no longer in business to pay you? Let us others take the huge risk of joining a new, groundfloor company and try to beat almost insurmountable odds, but not you! Besides, if their “hot, new deal” is a such a good opportunity today, it will be even better 3 years from now, IF it lasts that long! You’re looking for a company that is at least 3-5 years old, old enough that it has passed the 3 year mark where 98% of companies fail, and yet young enough for you to be able to work your way to the top and stand out, be someone special, and create a legacy income as well. (You could choose a company that has been around 15-20-25-30 years or longer, but they already have thousands of leaders! You’d get lost in the crowd! It would be difficult to rise through the ranks and stand out, let alone create an extraordinary income.) 5. A company who have achieved upwards of $100 million in yearly sales. If there is a “secret,” this would be it: You’re looking for a health and wellness company that is about to achieve or has recently achieved upwards of $100 million in yearly sales! Why is this $100 million number significant? Historically, whenever a company hits $100 million in yearly sales, they almost always triple to quadruple in size in the very next 12-18 months, and at that point, double in size again in the following 12-18 months.
Discover When the Fortunes in MLM Are Really Earned! It’s called the “3 year window,” a period where the company will experience back to back periods of hyper-growth once it breaks the $100 million yearly sales mark, skyrocketing from $100 million in yearly sales to $300-$500 million in yearly sales, all within a short time span of around 36 months. More importantly, the “3 year window” is the period when the initial wave of extraordinary incomes and lifelong fortunes are created! In addition, in some cases, within 5 years of the 3 year window occurring, companies have gone on to generate $1 billion or more in yearly sales. Imagine riding a company’s growth from just $100 million in yearly sales to $500 million to $1 billion a year or more in yearly sales! This is how you create extraordinary yearly incomes and earn a fortune! You select a company to get involved with based on certain criteria, especially timing, and you position yourself to take advantage of its hyper-growth phase. You don’t jump from company to company on a whim or emotion like others do! So, you’re looking for a company that is at least 3-5 years old and about to achieve or has recently achieved upwards of $100 million in sales because, based on history, you now know what’s likely to occur to that particular company over the next 3 years! They are likely to triple to quadruple in size in the next 12-18 months, and, that point, double in size again over another 12-18 months. It’s like having a crystal ball and being able to see the future before it arrives! While others are chasing the “latest, greatest, hottest, new deal” and likely to see that company fail within 2-3 years, leaving them to start all over again, you’ll be positioned with a company about to enter its “hyper-growth phase,” increasing your chances for building a large, successful organization and earning an above average to extraordinary income! You’ve guaranteed your shot at success while they’ve practically guaranteed their failure, unless they get lucky, and no smart entrepreneur bets their success on luck! Can you see where knowing this valuable information gives you a huge, competitive advantage over others who don’t have this formula? You can either use this information to your financial benefit or others will use it to their benefit at your expense! Finally, anytime that you know something is likely to occur before many others, and that you can benefit financially from that event, and you don’t take advantage of such an opportunity, shame on you! It’s what every entrepreneur dreams of-being in the right place at the right time and knowing about something lucrative long before others find out! 6. ) Finally, there’s Team and Culture. In network marketing, there's a popular saying: "Beginners look for Compensation Plan; Veterans look for Company; and Experts look for Team and Culture."
Yes, real experts in network marketing always look for a strong team to join because they believe that when they are on the right team, regardless of company, products, or pay plan, they'll move ahead much faster and achieve the long term success they desire, especially if they’re involved with an opportunity where all 6 keys to success are in place. Although when you pursue a network marketing opportunity, you are in business for yourself, you will never be in business by yourself. We believe very much in teamwork and mentoring. There will always be capable mentors around to guide you! So, be selective about who you enroll with and whose team you join because who you listen to, who you surround yourself with, who coaches and mentors you can have a profound impact on your success! Make sure the top leaders have both experience and a proven track record of success! Just because someone has been in the industry for 5-10-15-20 years does NOT make them knowledgeable, let alone successful! Speaking of success, are they “one hit” wonders who haven’t had any success in the past 10-15-20 years and are still riding on their laurels or accomplishments from the 1980’s or 1990’s, or have they been able to repeatedly build successful organizations and achieve top levels of achievements during their career? In addition, be sure they have a duplicatable system, the tools necessary for you to succeed, a culture of success, and that you have access to both the leaders as well as their meetings and trainings! NOTE: Make sure you read the final part of this article about few companies that meet up with all the six parameters to success. Don’t miss it!
Usana is one of the best multi level marketing company, It has won several awards for the exceptional quality and effectiveness of their products. Read: Usana review
This product is available now via a Nuskin distributor based in France who now has a representative in Lagos, finally!!. Do take a look at the link and if you are interested in any of the various products, weight management, younger look, skin care and vitality, drop a message , contact me for more info, place and pick up your orders..... email: nuskinlagos@gmail.com
Thank you. Mimi77.
Well!! Are you using nuskin products then it is very necessary to know the details about the Nuskin. taka a quick look at nuskin review
sumanthareja: Herbalife Products Review: Stop Using Herbalife Products for Weight Loss or Weight Gain | Herbalife Products Review & Side Effects | Fat to Fab Suman
peadel20: Network Marketing in our world of today is a big game towards success. But, am I too direct about this point? Well, may or may be not. But if I am correct, many international companies have stormed our economically crushing country in the past few decades to get their big game a successful one within our borders.
Each year, over 100,000 Americans achieve million-dollar net worth status. On average, 74% of these people achieve wealth through business ownership, while another 5% achieve wealth through sales commissions. Network marketing combines business ownership with sales, putting the Multi Level Marketing (MLM) distributor in the same career fields as 79 out of 100 of every new millionaire in America. That’s not to say they all achieved wealth through network marketing; however, as a business owner and salesperson, you’re in the same ballpark.
Take for instance; the Almighty GNLD, ORGANO-GOLD, Tiens/Tianshi, Agel, Sunrider, Tahitian Noni, 4Life, Forever Living Products, Trevo, KEDI, Tasly, Edmark, ALLIANCE, AIM Global, ORIFLAME, JoytoLive, to mention but few of hundreds. They all although, have their strategies and compensation plans different each to the other and that's what makes the going its worth.
In the recent years, many influential businessmen and entrepreneurs have spoken out about how “genuine and viable” the Network Marketing business model is today. Some, such as Warren Buffett, Donald Trump and Richard Branson have gone much further than that and invested in their own Network Marketing companies. These are the people that published many of our motivational books, but people look less to see what they had to contribute toward this topic in discussion.
I am however, perturbed at this simple fact that many Nigerians still have not yet opened their eyes at this flying opportunities around, and despite the few people in this marketing side of downtown, these companies never fold up simply because of the high turnover, respectively. But the real truth is this; how many multi-millionaires as we have today, working as distributors under these companies would have made it this much if they had closed their ears to the seemingly-ear-itching marketing news as some will regard it back when they decided positively? Some of us go on to say we can't talk and talk and talk...! Ok, fine, are you a reasonable type if you stay mute all day? We all talk in a normal day. But we can turn our speech to money, can't we?
Some will likewise say "I can't hawk products around". Who says hawking products is the only way to market? A perfect example of a case study in this is myself. I had never in my life hawk around, yet I am called upon to supply. Depends on you and how strategic you can be about it. You can sell products through phone calls, social media, verbal communication to friends/family, and so on.
That is the reason you less find an information regarding NETWORK MARKETING on Nairaland but you still find vacancies, Job, Career issues. Everyone needs an office job wherein after your life is used, it's dumped.
I feel it is reasonable to tell the jobless youths of Nigeria to grab the opportunity as that might turnout something of its worth within a year even beyond what our government can even provide us in 10 years. I have had contacts with the people in this category of Marketing, I am sure of this. If you need a proof, my Mobile Number: 07066811887.
A woman had accumulated precisely 15M from 2013 - 2015, all in the name of Networking. I knew her very well to be a Tailor prior to her life-turning decision. A Tailor did not plan to be a marketer, either. Many others are still much around as well that I know.
Now, the problem some people had faced in one Network or the other does not condemn Networking as you might have been thinking. For example, the issue of Targets, Percentage of compensation, etc. But if you do your research, you will find the one that should suite you. For example, the one I am into is not a Target-based type because I know I can't bear any loss. On the other hand, somebody will prefer such, may be to drive them to work harder. It all depends on you.
I want you to change your orientation about it and make a leap forward and become somebody in a strip second.
What you need is to study the plan beyond what your referrer who's trying to prospect you has to say about the business, of course, he needs you in order to make his own gain, so be careful. Ask for the business and compensation plan as this is what matters in any business. We are all working to earn for the present and future, anyway. So don't you get the sugar in the surface and continue with the gull inward shortly afterwards. Research well about the very one you want to enroll in.
Lastly, do you know you can't be wrong doing Network business?
I guess you wish to know why....
1. In this type of business, qualification is banned, I mean, academic standard does not count. 2. Again, Most people would love the opportunity to work from home and ‘earn an income’ for themselves - rather than have a ‘job’ and work for someone else with a little or no worthy appreciation. 3. Establishing and making a success of your own traditional, small business is not that easy and can be risky - with as many as 80% failing within the first 5 years. 4. Making a living, Living your life – doing what you love is the real thing here.
Network marketing is full of potential, just as you are. Don’t take your potential to the grave—use it! Success in life and business is about learning how to play the game, getting involved, and never quitting (with the ones of your choice).
Mobile Number: 07066811887
Good luck!!!
Well!! Did you know? 4life is one of the most popular multi-level marketing company, as offers products like proteins, energy drinks, tonics etc. I have studied various 4life review as it is one of the best network marketing company
lanwo: Are you a Nigerian cryptocurrency trader on the lookout for a platform specifically designed for Nigerian traders? Then I have got some great news for you!
Overbit is the platform of choice. This bitcoin trading platform offers great features that distinguish it from other trading platforms. Do you know that you don’t have to pay a dime trading on this platform? It is completely free! Do you know that you can leverage on Overbit bitcoin trades capped at 50:1 for cryptos and 500:1 for FX and make huge margins off your trades? Fasten your seat belt and let’s take a deep dive reviewing this margin broker together.
About Overbit
Are you a Nigerian cryptocurrency trader on the lookout for a platform specifically designed for Nigerian traders? Then I have got some great news for you!
Overbit is the platform of choice. This bitcoin trading platform offers great features that distinguish it from other trading platforms. Do you know that you don’t have to pay a dime trading on this platform? It is completely free! Do you know that you can leverage on Overbit bitcoin trades capped at 50:1 for cryptos and 500:1 for FX and make huge margins off your trades? Fasten your seat belt and let’s take a deep dive reviewing this margin broker together.
Overbit is a bitcoin derivative platform trading platform founded in 2018 by Chieh Liu, who is the Chief Executive Officer. Liu is a trained computer scientist with a specialty in derivatives products and FX trading. While Overbit is still new in the market, it has quickly gained popularity in the industry owing to its leveraging capabilities using bitcoin as its base asset. Overbit gives the flexibility to buy and exchange other cryptocurrencies with a single base currency, Bitcoin. To top it all you can trade and exchange other assets such as forex and metals using bitcoin as the base currency for exchange.
How Overbit works
If you visit Overbit for the first time you will notice that the platform does not support fiat currency deposits, you can only make deposits in bitcoin and exchange or trade with other cryptocurrencies or fiat on the platform. It does not support anonymous accounts nor ‘fake’ cryptocurrency as only real coins are allowed to be traded on the platform. On Overbit you can trade cryptos, metals and forex as depicted in the picture below:
Overbit bitcoin trading user interface dashboard is minimalistic in design and properly laid out for simplicity and ease of use. All the necessary information you need to make excellent trading decisions are clearly laid out in the dashboard. Assets and their varying live values and nicely laid out on the left side of the main dashboard. The graphs are aligned to the left with the buy and sell boxes centered in the middle of the main dashboard so that you can easily narrow down on the current prices of your assets and commodities on the market. On the dashboard you can switch views, check positions, view closed positions, view active orders and order history without losing sight of your main metrics (graphs, prices and commodities).
Sign Up
Signing up on Overbit takes less than a minute as you only need to provide your name, email and password. You verify your email when you need to deposit funds.
How To Trade on Overbit
Trading on Overbit is pretty simple if you are familiar with cryptocurrency exchange platforms. To get started on Overbit, ensure that you make a deposit in Bitcoin into your Overbit wallet (please note that deposits are not allowed via fiat but only bitcoin). The minimum amount of coin that can be deposited into your Overbit account is 0.0001XBT. It should be noted that the deposit will be credited after one confirmation on the Bitcoin network. All Overbit deposit addresses are multi-signature cold wallet addresses. Also, on the dashboard you have the option of trading pairs such as EUR, USD, BTC and ETH just to mention a few. Once your funds are deposited into your Overbit wallet you can start trading pairs
On the far right on the dashboard you decide which asset to trade with (cryptos, forex or metals). From the selected assets, let's say you choose crypto as the asset to trade, you will have a drop down of pairs in which you can trade with and this is synonymous for other pairs.
Once you have decided on the pair to trade with, the data for the pair will be loaded on your dashboard with the relevant metrics and live data. If you pan to the left-hand side of the dashboard you will see prices that people are willing to sell at and the current position of the selected pair on the market.
To place the other pair, simply pan to the middle box where you have your buy and sell boxes. You enter the prices or units of coin in which you want to sell or buy, the equivalent value pair will be displayed and you can easily complete your transaction if you are comfortable with the set prices and your order will be completed within a few seconds.
Supported currencies
Overbit bitcoin derivative trading platform gives the flexibility for trading various digital currencies which include but are not limited to bitcoin, ethereum, bitcoin cash and ripple just to mention a few. Overbit currently have listed on its platform the following trading pairs:
Overbit does not charge for deposits made on its platform. It should also be noted that Overbit does not charge for withdrawals from its platform. The only fee associated with withdrawal is simply the bitcoin transaction fee. Now, what are the other fees associated with trading on Overbit and how does it make money?
Overbit is mainly compensated for its services through the “market spread”. For example, when trading XBT/USD, if the Buy Price is 8,000, then the Sell Price would be 7,990 respectively (which means a market spread of 10 pips, in this example). The spread is not fixed and changes from time to time during volatile periods to account for minimum slippage when the trade is executed. The spread is also used to guarantee liquidity for the trade and it means users can easily calculate their profit or loss for each position without taking commissions into account.
Unlike other service providers who also charge commissions on each trade, Overbit does not charge dealing commissions. For more information on the fees, please see the individual contract specification.
Limitations of Overbit Bitcoin cryptocurrency Trading platform
The only limitation here is that users from the United states of America and other countries listed below are not currently enabled to trade on Overbit.
Trading Volume and Liquidity
The liquidity ratio on Overbit is quite high as it relies on bigger trading platforms that provide margin brokers with high liquidity ratios.
Rewards
You get rewarded on referring your friends to use the bitcoin trading platform using its lucrative affiliate program. The affiliate program structure is listed as below:
Security Overbit is one the newest bitcoin derivative trading platform in the industry and it has managed to attain a high level of trust from its community, owing to the fact that the platform is secured by military grade software that enables segregation of client bitcoins. The coins are stored and protected in a cold multi-signature wallet (not hot wallets). Two-factor authentication is also available on this trading platform for maximum protection of the user’s credentials.
Customer support [/b]
For any business to be successful in today's age, a highly competent customer support team should be on standby to help clients resolve issues. Whilst the support services offered by Overbit would need to match demand as they grow, I must say their 24-hour service has been fantastic so far. Overbit support services are highly professional and respond quickly to client emails through issuing of support tickets. You can also reach out to the team via social media. Telephone or live chat support are not currently available.
Supported countries
Overbit is available for users all over the world with the exemption of users from the United states of America
Mobile App
This bitcoin exchange can only be accessed through the web for now. However, Overbit plans to roll out its Android and iOS app in the near future.
Demo Account and Anonymity
Anonymous accounts are not accepted on the Overbit bitcoin trading platform as users are subjected to a rigorous verification process of ID and address. Unlike other bitcoin derivative platforms, the demo account software installed on this platform is unrestricted and users can practice using various techniques. Charts
Overbit comes with handy and simple signaling tools. Unlike other bitcoin exchange platforms, Overbit charting provides you with all the tools you need for your technical analysis and you do not need to deploy any other third-party tool while trading. Overbit also has a charting tool pre-installed with charts from. Tradingview.com
Conclusion
Based on everything that we have discussed so far, Overbit is undoubtedly one the most friendly to use trading platforms for both new and experienced traders. You can easily find your way around the platform owing to its simple designs and great user interface. In less than two years since its establishment, Overbit has incorporated a lot of features into its trading platform, some of which took years to be implemented in other bitcoin leverage platforms. We strongly believe that Overbit will continue to evolve and offer innovative digital currency solutions to its clients. We are very happy to recommend Overbit for our readers, kindly click here to get started.
Overbit is a bitcoin derivative platform trading platform founded in 2018 by Chieh Liu, who is the Chief Executive Officer. Liu is a trained computer scientist with a specialty in derivatives products and FX trading. While Overbit is still new in the market, it has quickly gained popularity in the industry owing to its leveraging capabilities using bitcoin as its base asset. Overbit gives the flexibility to buy and exchange other cryptocurrencies with a single base currency, Bitcoin. To top it all you can trade and exchange other assets such as forex and metals using bitcoin as the base currency for exchange.
How Overbit works
If you visit Overbit for the first time you will notice that the platform does not support fiat currency deposits, you can only make deposits in bitcoin and exchange or trade with other cryptocurrencies or fiat on the platform. It does not support anonymous accounts nor ‘fake’ cryptocurrency as only real coins are allowed to be traded on the platform. On Overbit you can trade cryptos, metals and forex as depicted in the picture below:
Overbit bitcoin trading user interface dashboard is minimalistic in design and properly laid out for simplicity and ease of use. All the necessary information you need to make excellent trading decisions are clearly laid out in the dashboard. Assets and their varying live values and nicely laid out on the left side of the main dashboard. The graphs are aligned to the left with the buy and sell boxes centered in the middle of the main dashboard so that you can easily narrow down on the current prices of your assets and commodities on the market. On the dashboard you can switch views, check positions, view closed positions, view active orders and order history without losing sight of your main metrics (graphs, prices and commodities).
Sign Up
Signing up on Overbit takes less than a minute as you only need to provide your name, email and password. You verify your email when you need to deposit funds.
How To Trade on Overbit
Trading on Overbit is pretty simple if you are familiar with cryptocurrency exchange platforms. To get started on Overbit, ensure that you make a deposit in Bitcoin into your Overbit wallet (please note that deposits are not allowed via fiat but only bitcoin). The minimum amount of coin that can be deposited into your Overbit account is 0.0001XBT. It should be noted that the deposit will be credited after one confirmation on the Bitcoin network. All Overbit deposit addresses are multi-signature cold wallet addresses. Also, on the dashboard you have the option of trading pairs such as EUR, USD, BTC and ETH just to mention a few. Once your funds are deposited into your Overbit wallet you can start trading pairs
On the far right on the dashboard you decide which asset to trade with (cryptos, forex or metals). From the selected assets, let's say you choose crypto as the asset to trade, you will have a drop down of pairs in which you can trade with and this is synonymous for other pairs.
Once you have decided on the pair to trade with, the data for the pair will be loaded on your dashboard with the relevant metrics and live data. If you pan to the left-hand side of the dashboard you will see prices that people are willing to sell at and the current position of the selected pair on the market.
To place the other pair, simply pan to the middle box where you have your buy and sell boxes. You enter the prices or units of coin in which you want to sell or buy, the equivalent value pair will be displayed and you can easily complete your transaction if you are comfortable with the set prices and your order will be completed within a few seconds.
Supported currencies
Overbit bitcoin derivative trading platform gives the flexibility for trading various digital currencies which include but are not limited to bitcoin, ethereum, bitcoin cash and ripple just to mention a few. Overbit currently have listed on its platform the following trading pairs:
Overbit does not charge for deposits made on its platform. It should also be noted that Overbit does not charge for withdrawals from its platform. The only fee associated with withdrawal is simply the bitcoin transaction fee. Now, what are the other fees associated with trading on Overbit and how does it make money?
Overbit is mainly compensated for its services through the “market spread”. For example, when trading XBT/USD, if the Buy Price is 8,000, then the Sell Price would be 7,990 respectively (which means a market spread of 10 pips, in this example). The spread is not fixed and changes from time to time during volatile periods to account for minimum slippage when the trade is executed. The spread is also used to guarantee liquidity for the trade and it means users can easily calculate their profit or loss for each position without taking commissions into account.
Unlike other service providers who also charge commissions on each trade, Overbit does not charge dealing commissions. For more information on the fees, please see the individual contract specification.
Limitations of Overbit Bitcoin cryptocurrency Trading platform
The only limitation here is that users from the United states of America and other countries listed below are not currently enabled to trade on Overbit.
Trading Volume and Liquidity
The liquidity ratio on Overbit is quite high as it relies on bigger trading platforms that provide margin brokers with high liquidity ratios.
Rewards
You get rewarded on referring your friends to use the bitcoin trading platform using its lucrative affiliate program. The affiliate program structure is listed as below:
Security Overbit is one the newest bitcoin derivative trading platform in the industry and it has managed to attain a high level of trust from its community, owing to the fact that the platform is secured by military grade software that enables segregation of client bitcoins. The coins are stored and protected in a cold multi-signature wallet (not hot wallets). Two-factor authentication is also available on this trading platform for maximum protection of the user’s credentials.
Customer support
For any business to be successful in today's age, a highly competent customer support team should be on standby to help clients resolve issues. Whilst the support services offered by Overbit would need to match demand as they grow, I must say their 24-hour service has been fantastic so far. Overbit support services are highly professional and respond quickly to client emails through issuing of support tickets. You can also reach out to the team via social media. Telephone or live chat support are not currently available.
Supported countries
Overbit is available for users all over the world with the exemption of users from the United states of America
Mobile App
This bitcoin exchange can only be accessed through the web for now. However, Overbit plans to roll out its Android and iOS app in the near future.
Demo Account and Anonymity
Anonymous accounts are not accepted on the Overbit bitcoin trading platform as users are subjected to a rigorous verification process of ID and address. Unlike other bitcoin derivative platforms, the demo account software installed on this platform is unrestricted and users can practice using various techniques. Charts
Overbit comes with handy and simple signaling tools. Unlike other bitcoin exchange platforms, Overbit charting provides you with all the tools you need for your technical analysis and you do not need to deploy any other third-party tool while trading. Overbit also has a charting tool pre-installed with charts from. Tradingview.com
Conclusion
Based on everything that we have discussed so far, Overbit is undoubtedly one the most friendly to use trading platforms for both new and experienced traders. You can easily find your way around the platform owing to its simple designs and great user interface. In less than two years since its establishment, Overbit has incorporated a lot of features into its trading platform, some of which took years to be implemented in other bitcoin leverage platforms. We strongly believe that Overbit will continue to evolve and offer innovative digital currency solutions to its clients. We are very happy to recommend Overbit for our readers, kindly click here to get started.
Well!! Did you know? Alpha cash is one of the best cryptocurrency investment platfrom, moreover it doest not offers any products and Only affiliates of Alpha Cash can be able to promote Alpha Cash affiliate membership. Read: Alpha Cash Review
mlmonlineads: Multi-Level Marketing is a best business opportunity for every people, which become want to rich easily. Get Best MLM Company Visit-[url]mlmonlineads.com. http://mlmonlineads.com/LetestClassified[/url] It is a best MLM Classified Website, Here you can post free MLM classified and grow your business easily. MLM Online ads also provide MLM news, MLM ads posting website name, Bitcoin News, Crypto News, MLM Software Solutions. Network marketing program offers less advance investment business.
Well!! Did you know? Cryptobittrade is one of the popular multi-level marketing company which offers educational courses on digital cryptocurrencies. If you are eager to know the about cryptobittrade then here is the cryptobittrade review which gives complete information of the cryptobittrade.
Paxful, is on a mission to increase access to the bitcoin economy for the people of Africa through education. Paxful is encouraged by the significant growth in digital currency transactions on the African continent in recent years, driven largely by users under the age of 35, leading global peer-to-peer bitcoin marketplace.
An African view on peer-to-peer finance
Benjamin Onuoha, Africa’s Regional Consultant for Paxful (Paxful.com), addressed delegates at a Johannesburg event recently to share insights on the bitcoin and cryptocurrency economy as well as present use cases observed from Africa’s consumers.
He commented: “The people of Africa have been the most ingenious and resourceful of our users – they are redefining our understanding of the uses of bitcoin. The world has much to learn from Africa about the future of the crypto-economy.”
Bitcoin use cases on the continent
Reflecting on Paxful’s experience in Africa and further afield, Onuoha added: “Three developments made the crypto-economy possible. First, the emergence of peer-to-peer electronic currency, bitcoin, that is powered by the blockchain technology. The second and arguably the most important miracle is the human layer, that connects everyone in the world making this peer-to-peer revolution powered by the people. And lastly, the third miracle is the sharing economy.”
Onuoha listed the following as true use cases for bitcoin: grey markets, speculation, payments, e-commerce, remittance, wealth preservation, and social good.
“Historically, much of the news coverage about bitcoin has tracked speculative activity, where 90% of trading volume is currently centred. This toxic phase is in line with expected adoption trends as the crypto economy, still in its infancy, matures. The next focus point of the evolution is the end-user and their opportunity-laden journey in peer-to-peer finance. It’s about wealth generation – and giving people the means to do it.”
He noted that many young Africans see bitcoin as an opportunity to develop entrepreneurship ventures; users set up side-hustles and their own businesses – which include remittance, as well as import and export enterprises, amongst others.
Demonstrating how the cryptocurrency community can contribute to social good, Paxful recently completed the building of a second school in Rwanda, as part of the group’s strategic commitment to education. Through its #BuiltWithBitcoin initiative, the group is in pursuit to build 100 schools across the continent.
Education, Education, Education
With over 2,5 million users globally and Africa being the fastest-growing region, in 2018, Paxful disclosed it had seen a 200%+ increase in users in Africa over the previous 12 months. Paxful is observing a new generation of young African graduates and professionals making use of peer-to-peer finance as a way to better engage the global financial system.
Co-Founded by Egyptian entrepreneur Ray Youseff, who is passionate about empowering fellow African youth, Paxful is committed to reaching as many young people as possible to help them better understand the opportunities presented by the cryptocurrency economy. To this end, Paxful launched its first university education drive to expose youth to the true use cases of bitcoin, highlight how to avoid falling prey to bad actors in the crypto-space, and counter the over-emphasis on bitcoin speculation.
Launched at universities in South Africa and Kenya, the Paxful workshops provide key, practical insights, with each attendee also receiving free bitcoin to start them on their journey. Over 1000 youths have attended the events across SA/Kenya.
Charities could benefit from the crypto-economy
To date, Paxful’s #BuiltWithBitcoin initiative has raised over R3 million for charities across Africa and the MIddle East. Paxful – has donated over 13,000 Rands worth of bitcoin to GROW with Educare Centres. The donation forms part of Paxful’s #BuiltWithBitcoin initiative and is its first South African charitable contribution.
As a non-profit organisation, GROW with Educare Centres empowers qualified, passionate women to own and run successful high-quality Early Childhood Development (ECD) centres, such as daycares and pre-schools, in low-income communities using the principles of social enterprise and micro franchising. With reading being an integral part of the Educare programme, the donation from Paxful will be used to purchase books for their various centres’ mini-libraries.
The GROW with Educare Centres project was incubated by a partnership between The Clothing Bank and Grow Learning Company and currently has 31 ECD centres running across Cape Town, KwaZulu-Natal and Gauteng.
“This donation opens new opportunities for our organisation to engage the crypto-community in charitable giving. An investment in Early Learning is one of the greatest investments you can make since one teacher influences a generation of learners. We hope that Paxful will inspire others to do the same,” says Helene Brand, Marketing and Fundraising Manager for GROW Educare Centres.
Paxful launched #BuiltWithBitcoin in 2017 to encourage the cryptocurrency sector to contribute funds for humanitarian projects.
Well!! Are you interested in gaining crypto knowledge in order to be successful then no worries igocrypto is one of the multi-level marketing company that teaches students how to be in the crypto economy. I have found the best igocrypto review which is covered by coinpedia.
expressorltd: join the legit fast growing digital asset in the world. if you ever miss out on bitcoin do not panic. firstcoin club is the way, and you will be delighted you did. Dont miss the newest Digital Asset Success story
*low starting price *Asset protection program *monthly passive incomes. sign up for free firstcoin.club/affiliate/87823
Firstcoin club is one of the leading affiliate marketing company, as it does not offer any services or products, The only thing that affiliates can do is to promote their affiliate membership to folks.
fighal: Affiliate Marketing is not easy but you can make money in your first month. It all depends on your Niche, your targeted audience and your approach. You just have to be creative in your approach. There are many ways to do affiliate marketing. I'm not into affiliate marketing now but I will soon.
Well!! Freedom dollar is one of the most popular affiliate marketing company, as the company does not offer any products or services. Affiliates who sign up with Freedom Dollar simply market the affiliate membership. Read more: Freedom dollar review
Nkali: With internet and mobile phone users growing daily in Nigeria and beyond, very many businesses have began to take advantage of this opportunity to grow and build an international brand with global reach. Your business can do same too by creating a world class website that showcases your products and/or services beyond your local address. We will create a website for you for only 60k. This is a promo. Real market value is usually more than 250k. This promo is only for the first 5 customers to reach out to us.
Get a high quality website for a discounted price of 80k in two weeks. Includes free access to two Udemy Courses: 1. Drop shipping with wordpress: create a Dropshippimg business fast 2. Affiliate marketing masterclass step by step guide
E-commerce/online store websites will cost 80k.
Hurry now. Terms and conditions apply. Call or whatsapp: 07055945783
Well!! Did you know? Xtreme coin is one of the best plan to increase passive income as it is best opportunity for earning money with bitcoin. Read here: Xtreme coin review
Coinxlteamnija: Now you can become a cryptocurrency trader, earn while you learn, or you can just let the Bot trade on your behalf.....you want to know how,watch this video
The huge PASSIVE crypto opportunity (CoinXL) is now LIVE!! developed by global currency experts. COINXL: CREATE BITCOIN WEALTH IN THE NEW ECONOMY
CoinXL offers the ability to create wealth in the new economy. Unlimited in global scope and reach, CoinXL offers anyone the ability to build wealth using Bitcoin, the world’s best-known cryptocurrency. Backed by a team of trusted, global cryptocurrency experts who have invested millions into a proprietary algorithm, CoinXL offers multiple ways to earn by growing your Bitcoin investment. It trades for you so you don’t have to worry about the daily jumps and tumbles of the market. Let CoinXL do the work for you...
follow us on twitter @CoinXlteamnija percyandsimmons@gmail.com
Well!! Coinxl is one of the best bitcoin investment company which provides a daily return on investment of 1%
If you aren't aware of this coinxl company then check out the coinxl review
Well!! if you are thinking to make money by sitting at home, then no worries transcribeme is one of the best place to make money all you have to do is typing work. transcribeme pays you for typing. Also, you can check: Transcribeme review
codebrewlabs: In present times, the demand for Digital Currency is increasing day by day. There are different types of Digital Currency available in the market like Bitcoin, Lite coin, Ethereum, Bitcoin Cash, Ethereum Classic, etc. Blockchain works like a digital ledger in which transactions are done with the use of Bitcoin or cryptocurrencies. Blockchain technology can help immensely in banks, insurance, health, and pharmaceutical industry, etc.
Today ethereum classic has grown massively, day by day the price of ethereum is increasing massively. several crypto experts predict that ethereum classic price prediction the price will rise high in the upcoming years.
The market remains under the control of the bears on the long-term outlook. Having achieved the predicted target last week at $3377 on 7th December and a further drop to $3277 in the demand area, the bears seems to have a brief rest. Exhaustion at the demand area denoted by wicks coupled with hammer signalled the bulls gradual return.
BTC/USD was up at $3800 on 8th December, but a further upward movement was rejected around the 10-EMA. The cryptocurrency provides a down-trending market scenario with the formation of lower highs and lower lows.
With the price below the two EMAs that are fanned apart which suggest strength in the context of the trend and in this case the downtrend, BTCUSD may be set for a new lower low as the bears’ pressure becomes much stronger. ETH/USD
The bears’ pressure was sustained in the past week as Ethereum went further down to $83.00 in the demand area on 7th December closing the week lower than the previous at $111.52. Rejection to further downward price movement was obvious as the bulls return this was signalled by the two hammers formation a strong indication of trend reversal.
$102.50 in the supply area was retested as the new week began on 9th December.
This flag formed by the bullish pressure was necessary for the market correction before the downtrend continuation. With the price below the EMAs an indication of strong bears pressure, $53.93 the 261.8 fib level in the demand area may be tested in days ahead
Did you know? last year monero has performed really well in the crypto market, investors are wondering whether it will repeat in this year. several crypto influencers predict monero price prediction the price will rise high in the upcoming years.
Investment / Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by dianadsouza: 1:22pm On Aug 22, 2019