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November 2021

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How to Send Bitcoin Instantly: Canada Transactions Simplified

by Era Inventions
written by Era Inventions

Bitcoin transfers are generally considered superior to transactions completed with a fiat currency. They offer various benefits, such as rapid processing and low fees. But how exactly do you send your Bitcoin?

In this entry, we’ll explain how to send Bitcoin instantly Canada cryptocurrency transactions will be a breeze after reading this guide.

Sending Bitcoin Instantly: How Does It Work?

Before you can send Bitcoin, you’ll first need to obtain a wallet. The most common options are hardware, software, and paper-based wallets. Luckily, cryptocurrency transactions are relatively similar on all platforms.

To send Bitcoin, you’ll first need to type in the address of the recipient. Don’t forget to double-check your addresses (some wallets may remind you to do this) because sending them to the wrong address cannot be corrected or cancelled. If possible, use a QR code since it’s more secure than standard transactions.

The next step is to enter the amount of cryptocurrency you want to send. When typing in the number, your wallet may allow you to choose the value in dollars. Therefore, make sure to verify the currency you’re using.

If your wallet is compatible with multiple cryptocurrencies, it’s also vital to choose the right coin. For instance, sending Bitcoin to Bitcoin cash addresses would cause you to lose all your funds. They would be sent to a digital void, and you can’t retrieve them from here.

Finally, broadcast your transfer by pressing the “Send” button. Desktop wallets might require you to pick your network fee before finalizing the transactions.

Bitcoin miners prioritize users who select higher fees and enable them to complete transfers more quickly. Keep in mind that most hardware and exchange-hosted wallets automatically set your network fees.

You might want to perform a test for larger transfers by sending a smaller amount of cryptocurrency to ensure you’re using the correct address. The rest of your Bitcoin can be transferred through the second transaction.

What Are the Advantages of Sending Bitcoin?

Once you’ve made your first Bitcoin transaction, you may decide to rely more heavily on this type of transfer. It offers many advantages:

Superior User Autonomy

Conventional currencies are subject to risks and restrictions. For example, financial institutions often go through boom-and-bust economic cycles. These scenarios can halt banking operations, meaning users aren’t in total control of their assets.

By contrast, Bitcoin owners are in the driver’s seat of their transfers. They enjoy terrific user autonomy since the price of this cryptocurrency isn’t linked to any government policy. As a result, they don’t need to be concerned about banks and other institutions when it comes to fund management.

Pseudonymous Transactions

Traditional online transactions require a lot of information to identify the user making the transfer. For instance, sending and receiving money is only possible if the identity of both parties is verified.

Similarly, you need to enter numerous details to complete online purchases. This may help prevent crime but also entails an intermediary in your transactions, limiting control even further.

Conversely, Bitcoin transfers are pseudonymous. Although they’re not entirely anonymous, these transactions can be verified with your blockchain address only. Identifying information and IP addresses isn’t necessary.

Transfers Aren’t Subject to Banking Fees

Fiat currency transfers are subject to a wide range of charges, including withdrawal and deposit fees. Fortunately, that’s not the case with Bitcoin transactions.

You’ll face no banking fees, meaning you won’t be charged for overdraft, account maintenance, or returns.

Perfect for International Transactions

Regular foreign purchases and wire transfers generally involve exchange fees. As Bitcoin transfers entail no government or intermediary institutions, international transaction costs are typically lower. This feature is a huge boon for travellers.

In addition, sending Bitcoin is fast. As previously discussed, the process only requires you to enter the address of the recipient and the amount you want to send. There are no long wait periods and standard authorization requirements.

Mobile Transfers

Like most online payment methods, Bitcoin transactions can be completed anywhere so long as you’re connected to the internet. Consequently, there’s no need to go to a store or bank to buy your products.

Sending Bitcoin Is a Seamless Process

Now that you know cryptocurrency is highly beneficial and you can send Bitcoin instantly, Canada transfers will be much simpler. Besides being convenient, it’s nearly impervious to cyberattackers, enabling you to make low-risk transactions.

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Technology

7 Remote Career Choices That Are Highly Rewarding

by Era Inventions
written by Era Inventions


Earning money has never been easier. With the advent of the internet, countless earning opportunities have made their way to people. Previously, you only had the option of traveling to the worksites and spending a major chunk of your day performing professional duties. Now, on the other hand, the mere availability of the internet allows you to perform all kinds of work-related tasks.

Trouble arises for remote residents or those who do not want to face the daily hassle of commuting through dense traffic. While some rural areas may be blessed with rural internet services, others have no option but to move to urban locations in hopes of earning money.

If you happen to be lucky enough to have access to a reliable internet connection, then we have the perfect list for you. We have gathered some of the best possible career options for those who want to join a highly-rewarding career path. Here they are:

Digital Marketer

The COIVD-19 pandemic has changed the working dynamic completely. Previously, people felt safe going to offices and socializing with other people. Now, even the thought of confronting a person with the common cold gives goosebumps.

This, especially, has grown the digital marketing profession. Instead of relying on traditional marketing means alone, companies have moved on to digital marketing. And it is not only effective due to its wider reach, but also proves to be lighter on the pocket. All one needs is a speedy fiber internet connection, and the marketing possibilities become infinite.

Graphic Designer

A picture is worth a thousand words – Graphic designers make use of this fact brilliantly. Graphic designers are those people who can express boring content in creative and elaborate visual representations.

And the best thing about becoming a graphic designer is that a dull office environment is actually counterproductive to their role. They can achieve great inspiration and creativity in different environments depending on the content they wish to produce. You could be sitting in a café or a park, and you would still be able to come up with exceptional designs as long as you are connected to the internet.

Content Writer

Graphic designing is not the only creative choice one could consider as a career path. Content writing requires equally, if not more, creative capabilities. If expressing your mind on to the blank notepad is something that comforts you, then content writing is your best bet!

And the possibilities for content writers are endless. You could be writing for a giant organization, creating rich content for their marketing campaigns, or you could be heading your own blog where you could write on literally any niche that piques your interest. And if your blog fancies the public, the earning opportunities become abundant.

App Developer

App development is the next big thing. Previously, websites took over and provided people with a platform to showcase their products and services. Today, mobile apps have taken it to the next level by offering a dedicated platform for users to browse the company’s portfolio and engage in instant transactions simultaneously.  

App development, though, requires a certain level of dedication and persistence in the coding genre. If you have what it takes to develop the next big smartphone app, then a single app can change your future for the better.

Social Media Manager

Social media is not only a place to browse family photos, check in on your holiday destinations, or socialize with friends. It is also a remarkable platform for you to generate a decent income. Big brands like Pepsi, BMW, Lacoste, or any other brand for that matter, have set up a social media page. And these pages require a person to post engaging content, showcase the company’s products, and engage with customers on a regular basis.

This is where a social media manager’s skills come into play. If you already spend a major portion of the day browsing through social media, why not make better use of this time and generate income from it as well? And you do not need to be sitting inside an office for it even.

SEO Specialist

SEO Specialists are people responsible for improving a website’s rank in a search engine’s results. This makes them take on all kinds of off-page and on-page SEO activities. They can be as simple as adjusting the position of an image on a webpage and as complex as regularly updating the website structure to comply with Google algorithms and updates. But this again may be accomplished with your laptop and an internet connection in your home.

Tutor

Finally, teaching is the oldest form of earning money. And there are several platforms where you could sell your skills to the students in need. Udemy, Coursera, and even YouTube are only a few platforms where millions of tutors are teaching various subjects like mathematics, geography, English, and more.

On a Final Note

There are numerous other ways for you to generate a steady income remotely. This is one of the gifts that the internet has given us. All it takes is the will to take an initiative and an immense level of dedication.

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Finance

Foreign Investments in China: Are Foreigners Allowed to Open a Company in China?

by Era Inventions
written by Era Inventions

Are you considering setting up a business in China? It pays to note that this is a decision you should make after careful thought. There is such a raft of laws and regulations around the establishment of foreign investments in China. Liaison with companies that offer accounting services in China will be a good move for any foreign investor entering the Chinese market.

A highlight of the Basics Foreigners Setting Up Companies in China Should Know 

There are several things that any foreign investor looking at the Chinese market as a base for setting up should take into consideration and ensure that they get right. One of these decisions that will have such a strong influence on the success of any foreign venture in China is the company structure with which one will be starting operations in China. 

And talking of the company structure with which to begin your operations here, you should consider this decision after considering many factors. Key amongst these are the questions of the industry within which the foreign investor will be operating and the particular business activities in which they will be involved. Please look at some of the company structures foreigners can consider as they seek to establish a legal presence in China.

What are Some of the Company Structures Open to Foreigners Setting Up in China? 

Looking at the legislative provisions in China, we have three main ways that foreign investors can opt for as they look forward to establishing a presence in this country, China. You can choose to set up a; Wholly Foreign-Owned Enterprise, a Joint Venture, or Representative Office 

Having said this, we should note that there are other modes of establishment foreign investors can use to enter the Chinese market, but these are not as utilized. For the sake of this article, we will narrow on the most common and widely used vehicles a foreigner can use to establish their operations in China 

Wholly Foreign-Owned Entity, WFOE

Of the options mentioned above for entry into the Chinese market, the one that has been most commonly used is the Wholly Foreign-Owned Entity route. When you set up as a WFOE in China, this essentially means that the entity is being set up exclusively on the foreign investor’s capital. Setting up as a WFOE gives you, as an investor, absolute control of the enterprise. And it is in this we see why it remains the alternative preferred by many foreign investors going to China. 

Joint Venture Foreign Investment 

Setting up a joint venture is another entry vehicle you can use as a foreign investor getting into the Chinese market 

Conclusion 

You will need a specialized team to help with your accounting in China. Consider a company with vast experience in the Chinese market and one that can advise you appropriately on what is required for you to register a foreign company in China. Remember to get it right from the ideal company structure to enter the Chinese market, proper legal advice, tax advice, and accounting services in China. 

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