The financial services industry is enjoying a phenomenal growth and Stanbic IBTC bank, certainly is not left behind in its effort to consistently guarantee a seamless digital experience. Everyday customers are exposed to innovative mobile technologies, this therefore places a higher expectation that Banking Apps will provide a fully rounded experience.

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has upgraded its mobile App by introducing exciting features to enable seamless transactions for its customers with additional cutting-edge capabilities to enhance the customer experience. The App, termed the “Super App” is a one-stop App that offers the opportunity to transact across core banking transactions, while also managing Mutual Funds, Pensions, Insurance and Stockbroking accounts. Customers have a unique opportunity to experience unified access to all of these products, all at once. The App delivers easier, faster, and more convenient all-round experience.

Banking without barriers

At its core, the App has “My Bank” Module.  This module of the Super App makes it possible to transfer funds to a single as well as multiple beneficiaries. You can also use My Bank on the Stanbic IBTC Super App to buy airtime, pay bills, make cardless withdrawals from an ATM, schedule payments and load a prepaid card. The special ‘Hide Account Balance’ feature on My Bank allows customers to hide their account balance, especially when in public or insecure environments. The Super App also offers quick log-in capability with facial and fingerprint biometric options and provides more self-service options such as unfreezing of account and password reset option. The integration of an automated voice banking service on the “Super App” allows customers to bank as quickly as they speak. Basic transactions can be performed by speaking directly to your mobile phone using the microphone icon on the top left corner of the App.

@Ease Wallet

The Electronic wallet module is designed to meet the lifestyle needs of the informally served, under-banked and multi-banked using a unique combination of technology and agent network. With the @ease wallet, customers can send and receive money, purchase airtime, pay bills and withdraw cash through any of the agent networks. To ensure maximum security, the @easewallet is protected by a four-digit secret pin which is needed to log-in and authenticate all transactions on the App.

The Stockbroking module.

The Stanbic IBTC Stockbroking module gives direct access to the Nigerian Stock Market for its customers to trade independently. The days are gone when customers had to visit their stockbrokers and spend hours trying to attend to basic concerns about their investments in stocks and securities. This module also allows customers to check current stock prices; get stock market news; view, modify or cancel pending stock orders. Customers can also retrieve their stockbroking account information (trading account number, CSCS number, address, and more).

The Pensions module – A richer tomorrow.

With the Pension module, customers can enjoy the benefits of making inquiries, signing-up for e-statements, viewing their Retirement Savings Account (RSA), Approved Existing Scheme (AES) and Voluntary Contribution (VC) balances. They can also request registration certificates and customize their log-in profiles.

The Insurance module.

Stanbic IBTC has also introduced Insurance Brokerage solutions as a new feature on the Super App. This functionality enables customers of Stanbic IBTC Insurance Brokers view the status of their insurance policies, view their transaction history, renew insurance policies, report claims and upload claims-related documents and pictures.

The Mutual Funds module allows customers invest to ensure overflowing streams of income. You can also use the ‘Mutual Funds Module’ to create a new mutual funds account, increase online redemption limit, buy additional mutual fund and move funds across your various mutual funds or to a new mutual fund. With the “Mutual Funds Module’, you can make Investments with a few taps.

Indeed, the new Stanbic IBTC Mobile App is more than just the ordinary; It is a Super App.

Trading cryptocurrency simply involves changing one cryptocurrency to another cryptocurrency or changing crypto to local money or Fiat. On the other hand, cryptocurrency trading also covers the buying and selling of any crypto or coins and exchanging to the fiat of one’s choice.

To trade crypto assets, the first thing you need to do is to ensure you have a wallet where you can keep any cryptocurrency you’ll be purchasing from any crypto exchange platform like Remitano, Coinbase, Binance, etc. The first stage of trading cryptocurrency is creating an account. The essence of creating an account is to show interest and also give you the platform to get your cryptocurrency wallet.

READ: Crypto exchanges with most valuable crypto-assets in the world 

What are the cryptocurrency exchange platforms?

These are platforms that allow the buying and selling of cryptocurrencies. There are centralized and decentralized platforms, but the bests are always decentralized. The decentralized platforms are controlled by multiple systems (meaning there is no single computer controlling it). These platforms allow you to buy and sell cryptocurrency and as well as store them in your wallet.

Read this article about decentralized cryptocurrency exchanges (DEX) to gain more insight into decentralized exchanges.

Exchanges charge traders a fee for allowing you to trade cryptocurrencies. The average fee per trade is 0.1% of each trade executed on the platform. Billions of dollars worth of crypto assets are traded every day. Lucky traders and early adopters have made it big from trading cryptocurrencies, and it is now their full-time job.

From my experience, there are basically two types of cryptocurrency trading; short term trading and long term trading. Now let’s look at these types of trading.

Short term trading

This refers to buying cryptocurrency at a low price only to hold for a short time before selling at a marginal profit. Trading time can be between minutes to months.

The idea is simple; you buy a coin because you think the price will increase in a short time and then sell it for a quick profit.

This guide on day trading will help you become an expert at short term trading.

Long term trading

Long term holding refers to the act of holding a particular crypto asset for a very long time, years to be precise. The word HODL which means Hold on For Dear Life originates from long term trading. The idea of long term trading is to hold crypto assets for a very long term regardless of the volatility with the hope that it will increase by a significant factor after years of holding.

Risks of trading cryptocurrencies

Fluctuations are the most significant problem that cryptocurrency traders face. Trading cryptocurrencies have many benefits, but before you trade, you must be aware of the risks involved in trading. Below are some of the cryptocurrency-related risks.

✓ Cryptocurrency fluctuates: There is no fixed price over a fixed period for cryptocurrency. This means the worth of a cryptocurrency today can change tomorrow. The change can be slow or rapid, but it is quite unusual for cryptocurrency value to drop heavily. Most times, whenever it drops, it is always little, and there’s still a time when it will pump (cryptocurrency increases).

READ: Fate of $2.3 billion worth of Bitcoins in Limbo

✓ Cryptocurrency is not regulated: The bank and government are not in control of these digital assets. However, people are paying more attention to it because of its usefulness and how it is becoming generally accepted across the globe.

✓ Security risks: There can be cryptocurrency mistakes, and cryptocurrency can be hacked: Sometimes, avoiding obstacles as a result of technical failures might be difficult. Hackers can also hack into cryptocurrencies and toy with it.

The best way to avoid issues with cryptocurrency is to get as much information as possible before starting.

READ: How to buy and sell Bitcoins in Nigeria

There are quite a number of people that are concerned about the best trading platforms to use for their transactions. There is no need to worry about that.

This article will highlight some of the top and best cryptocurrency exchange platforms you can use for trading. There are a lot of other platforms out there, and finding the best should be the aim. Below is a streamlined list of five cryptocurrency trading platforms that are safe and trusted.

READ: Bitcoin could reach $225,000 by 2021

 Remitano

This is the most recommended trading platform for both beginners and experts. The platform is a P2P escrowed marketplace that makes buying and selling of cryptocurrency and trading to local currency easier and faster. You are connected with buyers or sellers (depending on what you want to do), and the transaction goes on safely.

source: Remitano.com

READ: Big mistake: Ripple’s CTO sold his Bitcoin for $750

Coinbase

Coinbase is one of the best platforms for trading. It is highly secured and easy to use for trading leading cryptocurrencies like Bitcoin, Ethereum, and others. Coinbase has APIs that allow developers to link with third-party apps and trading platforms. Coinbase is on this list because it is easy to use, highly secure, and fees are low.

Source: Coinbase.com

Kraken

Kraken is on the list because it is an old and consistent cryptocurrency platform that allows funding from diverse options. This platform is super cool for beginners because it makes the onboarding process easier.

Source: Kraken.com

Bitfinex

BItfinex is a good platform for all trading necessities. If you are already learned and good with trading, you will find this cryptocurrency exchange valuable. Beginners might find the interface complicated, but it supports different cryptocurrencies.

Source: Bitfinex.com

CEX.IO

This is a reliable platform for multiple cryptocurrencies. You can also make deposits from your local bank (credit card or any other option that suits you). The multiple payment option and high security, state compliance with regulatory organizations are top reasons why you should consider the platform. You can also track your investments with their developed reports.

Source: Cex.io

What makes cryptocurrencies ideal for trading

 The primary reason why cryptocurrencies are ideal for trading is because of the fluctuations. There are cases where you’ll have more profits due to the price when you bought the cryptocurrency, and you experienced an increase in the long run (that means you’re making a profit). Also, the opportunity to buy cryptocurrencies when they’re cheaper or at the prices that are convenient for you and sell off when you realized they’ve increased in value makes cryptocurrency ideal for trading.

It is an undisputed fact that the income coming from crypto trading might not be as huge as you might have envisaged, however, the more the value of the cryptocurrency you’re holding or trading, and the longer you hold your cryptocurrency, the more your chances of cashing out big.

The price is influenced by the economic factor of demand and supply. This is what the cryptocurrency traders use in balancing their portfolio. Cryptocurrency is just a different and unique investment form or opportunity.

Now that you understand everything about crypto trading, you can learn how to begin cryptocurrency trading in 2020.

Lekki Gardens, Nigeria’s Premier Pan African Property Investment Company is upgrading and beautifying some of her completed estates in a bid to continually satisfy its clients. Renowned for her hands-on approach to putting the needs of its customers first, her countless innovative practices,  customer-centric culture, Lekki Gardens continues to build wealth for her investors with a transformational approach to the Nigerian real estate market.

‘’At Lekki Gardens, a renewed drive for excellence and quality has birthed an unending quest for precision and impeccable delivery. This sets her apart from others in the industry, delivering your home is not the end of the journey for us in this case. We revisited a couple of our projects which have been completed for about five years now and we gave them an upgrade and facelift’’. –Akinwande Romeo, Chief Engagement officer at Lekki Gardens.

Lekki Gardens took customer service and satisfaction a step further by going back to some of their estates in Lagos and Port Harcourt to upgrade, beautify and renovate them at no cost to their residents. This laudable and highly uncommon act provides high economic value to its customers as it increases durability of their homes while saving cost for them.

HERE’S WHAT MR. YOMI HAD TO SAY

“My friends couldn’t stop congratulating and commending me for an upgraded and more beautiful space at our last Friday Games Night.  I appreciate the Lekki Gardens Management for this highly generous act and their unending thoughtfulness and care to all its residents. Buying a home with Lekki Gardens is by far the best decision I have ever made.’’– Mr Yomi Adelabu.

Since the upgrade, residents in those estates now enjoy the ultimate luxury living experience with the best in class construction technology, pristine finishing options, lavish and luscious living and dining areas as well as state of the art residential amenities.

WHY DO WE DO IT?

“For us at Lekki Gardens, our customers are at the centre of all we do and this commitment fuels our resolve to continually serve and deliver excellence to them.  We will not relent as our primary goal here at Lekki Gardens is to build transgenerational wealth for our clients so we continue to help them improve on the value of their properties’’-  Mr Damilola Suara, Technical Special Adviser, Lekki Gardens

From our inception in 2012, we have been unwaveringly committed to delivering value to our customers and this is evident in all we do. At Lekki Gardens, we do not deliver and leave, we are with you every step of the way.

GET IN TOUCH WITH US:

ADDRESS: Lekki Paradise 3 Estate, Chevron Drive Opposite Limeridge Hotel, Off Lekki Epe Expressway Lagos.

PHONE NUMBER: 08149573600-7, 08149573601

WEBSITE: www.lekkigardens.com

EMAIL: [email protected]

FACABOOK: @lekkigardens IG: @lekkigardensofficial