How to invest your Dai and Earn Passive Income

Dai LogoDai is a stable coin that is pegged to the U.S dollar. What makes it unique is that it uses smart contracts to maintain this value.  So far Dai has proved to be incredibly resilient and stable!  Did you know that you can invest your Dai and earn interest?  As of writing this post you could be making 7% per annum, which is much, much, much higher than what the banks are offering.

So read on to find out how you can start generating passive income, just by holding Dai.

Read moreHow to invest your Dai and Earn Passive Income

How to Buy Bitcoin with PayID, POLi and BPay on Binance

Banxa LogoAustralian crypto investors rejoice – you can now buy Bitcoin using a number of Australian native payment methods of Binance.  This is going to make it cheaper and easier to buy Bitcoin through the binance platform for Australians.  Here is how it all works:

Binance Fiat Gateways

Binance uses a number of different third party payment gateways to process fiat payments.   Their approach is to support a lot of different gateways so that consumers have a choice.  And this also creates competition which will hopefully lower the prices overtime.

Banxa is the third party processor that Australians can use and it’s the one that supports PayID, POLi and BPay.  It has been built by Australian’s and the company is based in Australia. Here is how to buy Bitcoin on Binance using Banxa:

Read moreHow to Buy Bitcoin with PayID, POLi and BPay on Binance

You can now buy USDC on CoinSpot

USDC or USD Coin is a StableCoin that is pegged to the U.S dollar.  That means 1 USDC = 1 USD.  USDC is one of the most popular StableCoins (second to Tether) and is issued by Coinbase, one of the most trusted names in crypto.  Stablecoins allow you to easily move dollars from crypto wallets to exchanges and other platforms and services.

Previously, it wasn’t easy for Australians to buy USDC but you can now buy it through CoinSpot:

Read moreYou can now buy USDC on CoinSpot

My top tips for trading Cryptocurrency on eToro

eToro is now one of the most popular places to trade cryptocurrency.  They were one of the very first traditional trading platforms (stocks and forex) who jumped into the crypto space.  On eToro you can trade and invest in cryptos such as Bitcoin, Ethereum, Ripple, EOS and many more.

Here are my top tips for having success trading crypto on eToro:

Read moreMy top tips for trading Cryptocurrency on eToro

The Easiest Way to Invest in Gold in Australia

Investing in Gold is an easy way to protect against inflation and volatility.  Traditionally when there is volatility in the U.S dollar, the price of gold goes up.  And unlike fiat currency that will depreciate in value due to inflation, Gold has retained it’s value.

The one downside to gold is investing in it isn’t very easy.  Well now there is a brand new way to invest in Gold that is powered by cryptocurrency.  The Gold Standard Token.

Read moreThe Easiest Way to Invest in Gold in Australia

The best place to buy Bitcoin in Australia: 2020 Guide

In 2019 Bitcoin gained nearly 100% making it once again one of the best performing assets.  So how do you get in on the action and buy Bitcoin for yourself?  The good news is that it’s now incredibly easy to buy Bitcoin with a number of trusted options available in Australia.

Here is my guide on how to buy bitcoin in Australia:

Read moreThe best place to buy Bitcoin in Australia: 2020 Guide

How to Sell Your Coinbase Cryptocurrency in Australia

Coinbase is a super convenient way to buy cryptocurrency in Australia.  Using Coinbase you can buy Bitcoin and a number of other popular cryptos using your credit card.  This means you can buy and access your bitcoin instantly.  But unfortunately you can’t sell your Bitcoin back into Fiat in Australia.  So read on to find out how to get around this and convert your bitcoin back into cash.

Read moreHow to Sell Your Coinbase Cryptocurrency in Australia

How to buy crypto without any fees

The worst thing about buying cryptocurrency are the fees.  As it’s still a new asset class, there isn’t enough competition to really drive down the fees.  But that is starting to change.  And it is possible to buy into crypto and skip the big fees.

In this post I’m going to share with you what I think is the best way to buy cryptocurrency without any fees and some other lower fee alternatives too.

Read moreHow to buy crypto without any fees