Bitcoin
Investing In Cryptocurrency: Is It Worth The Risk?

Investing In Cryptocurrency: Is It Worth The Risk?
Cryptocurrency is one of the things that has stolen the spotlight in the world of finance and investment. Cryptocurrency is attractive to investors because it operates independently from traditional financial institutions and offers greater anonymity, transparency, and security. It also has the potential to offer higher returns than more traditional investments. However, despite its potential, cryptocurrency is still a highly volatile asset and can be risky. Investors need to be aware of the risks before considering investing in them. Additionally, governments around the world are still trying to regulate the cryptocurrency market, so there is always the risk of regulatory changes.
As a result, the issue of whether or not investing in cryptocurrency is worth the risk has become an issue of concern.
What Is Cryptocurrency?
A cryptocurrency is a digital or virtual asset designed to work as a medium of exchange that uses cryptography to secure its transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are decentralized, meaning they are not controlled by any one central authority. They also use blockchain technology, which is a distributed ledger that records and verifies cryptocurrency transactions. It is secured by encryption, making it nearly impossible to counterfeit or double-spend coins. Cryptocurrencies are like a modern-day gold rush, where miners use cryptographic tools to discover and verify transactions, and then add them to the blockchain, much like a prospector would stake a claim to a patch of land.
Is It Worth The Risk?
Investing in cryptocurrency is very risky. Perhaps even more risky than the traditional investments. According to the Bank for International Settlements, about three-quarters of users are likely to have lost money on their investments in cryptocurrencies. In fact, by the end of 2018, Bitcoin, the most popular cryptocurrency, was down nearly 73 percent from where it had started the year, closing at $3,709.
The cryptocurrency market is highly volatile, and prices can fluctuate drastically within a short period of time, making it difficult to predict the future value of a digital asset. Additionally, since cryptocurrency is not regulated by any government agency, there is a higher risk of fraud or manipulation of the market.
However, there are also a number of advantages to investing in cryptocurrency. For example, cryptocurrency is not subject to inflation, and there is a limited supply of many digital assets, which could lead to price appreciation over time. Additionally, cryptocurrency can be used to make anonymous transactions, which could be beneficial for individuals who want to keep their financial activity private. Furthermore, investing in cryptocurrency can provide investors with exposure to new technology, as well as potential profits from price appreciation. Additionally, cryptocurrency transactions are generally completed quickly, allowing investors to take advantage of trading opportunities as they arise.
Whether or not investing in cryptocurrency will be worth the risk is dependent on a number of factors. These include current market conditions, the currency’s volatility, and the investor’s knowledge of trends in the cryptocurrency market. It is also important to consider the investor’s financial goals and risk tolerance. If the investor is willing to take on more risk in exchange for potentially higher returns, then investing in cryptocurrency may be a viable option. On the other hand, if the investor is looking for a more conservative approach, then they may want to look into other forms of investing.
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Bitcoin
IUX Wins Best Trading Technology Provider 2025 Award at BrokersView, Setting New Standards with Next-Gen Trade

IUX, a globally recognized online CFD trading service provider, has been honored with the prestigious “Best Trading Technology Provider” award at the 2025 BrokersView Award for Brokers with Outstanding Assessment. This recognition solidifies IUX’s standing as a leader in the online CFD trading industry, highlighting its dedication to innovation, user-centric design, and cutting-edge technology—exemplified through its groundbreaking Next-Gen Trade initiative.

IUX Wins Best Trading Technology Provider 2025 Award at BrokersView, Setting New Standards with Next-Gen Trade
About the BrokersView Awards
The BrokersView Awards are among the most respected in the trading industry, recognizing brokers that demonstrate outstanding performance, transparency, and technological innovation. The Best Trading Technology Provider award is presented to brokers that go beyond industry standards to offer exceptional trading platforms with advanced features, robust execution speeds, and user-friendly interfaces.
IUX’s win reflects its relentless commitment to providing traders with superior trading tools and an optimized platform, setting a benchmark for excellence in the CFD trading sector.
“We are deeply honored to receive this recognition from BrokersView,” said an IUX spokesperson. “This award highlights the hard work and dedication of our team in creating a platform that empowers traders globally. We will continue to drive innovation and deliver exceptional value to our users.”
Next-Gen Trade: Powering IUX’s Award-Winning Technology
A significant factor in IUX’s recent success has been the launch of Next-Gen Trade, a comprehensive initiative aimed at redefining the trading experience. This customer-focused project delivers cutting-edge technology and empowers traders with tools designed for speed, stability, and precision.
Core Features of Next-Gen Trade:
- Ultra-Fast Execution: Trades executed in as fast as 30 milliseconds, giving traders an edge in volatile markets.
- Consistent Spreads: Advanced spread management technology ensures stable spreads, even during major market events.
- Customer-Oriented Features: Tools and resources tailored to help traders navigate complex markets with ease.
Next-Gen Trade exemplifies IUX’s commitment to enhancing the trading experience, directly contributing to the platform’s recognition as Best Trading Technology Provider.
Looking Ahead
The Best Trading Technology Provider 2025 award represents a significant milestone for IUX but is just one step in the company’s journey. IUX remains committed to continuous innovation, focusing on enhancing the trading experience for its global user base through further advancements in initiatives like Next-Gen Trade.
Discover More
- Learn about IUX’s advanced trading solutions: Visit IUX
About IUX
IUX, operated by IUX Markets Limited, is a leading online CFD trading broker —IUX is committed to providing a secure, transparent, and user-focused trading experience to traders worldwide.
Disclaimer
Trading CFDs involves significant risk of loss and is not suitable for all investors. Ensure you fully understand the risks involved before trading.
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Bitcoin
Binance expands crypto access in West and Central Africa with mobile money integration
Binance expands crypto access in West and Central Africa with mobile money integration
This new service currently supports only BUY transactions, further simplifying the entry point for new crypto users in these regions
Binance (www.Binance.com), the world’s leading blockchain and cryptocurrency infrastructure provider continues to drive innovation and expand access to cryptocurrency in Africa, now allowing users in Benin, Cameroon, Ivory Coast, Democratic Republic of Congo (DRC), Togo and Senegal to purchase crypto directly through mobile money payments enabled through local partnerships.
This new functionality further strengthens Binance’s commitment to providing simple and secure access to cryptocurrency for users across the continent, reinforcing the platform’s vision of financial inclusion.
Samantha Fuller, Spokeswoman for Binance says “We remain focused on advancing financial inclusion and delivering user-friendly solutions for crypto adoption across Africa. This expansion into West and Central Africa is a significant step in our mission to increase crypto adoption, providing millions of people with more direct access to the global digital economy”.
This new service currently supports only BUY transactions, further simplifying the entry point for new crypto users in these regions, while providing them with a reliable and secure platform to acquire digital assets.
How to buy crypto:
Log in to your Binance app and select [Add Funds] from the homepage.
Choose your local fiat currency you wish to use by selecting the currency in the top-right column.
Follow the instructions to complete your crypto purchase.
Distributed by APO Group on behalf of Binance.
About Binance:
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralisation and infrastructure solutions, and more. For more information, visit: https://www.Binance.com
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser before investing. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
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BANKING
How To Become A MoniePoint POS Agent

How To Become A MoniePoint POS Agent
MoniePoint POS offers a handy way to handle financial transactions wherever you are. It can perform various transactions including money transfers, withdrawals, deposits, bill payments, and more. Getting a POS machine is now quite simple, requiring minimal or no initial investment, and is highly lucrative. MoniePoint stands out as one of the top financial service providers offering top-notch POS services: “How To Become A MoniePoint POS Agent.”
Getting a Moniepoint POS machine is considered as a wise business choice as you stand to gain a considerate amount of income with very little capital. If you are wondering how to get Moniepoint POS machine, then you are in the right place. In this article we will discuss about the requirements and procedures involved in getting a Monie Point POS Machine.
About Monie Point POS
Moniepoint POS is a financial product from TeamApt, a leading Fintech company in Nigeria, which started in 2019 as a platform for agent banking. Over time, the company has grown into a versatile business solution, supporting many small businesses in Nigeria with services like multi-channel payments, credit, insurance, and financial solutions for agents and banks. What’s important to know is that MoniePoint is fully licensed by NDIC and has PCI DSS certification, ensuring your card data’s safety. MoniePoint is changing the way we carry out financial transactions, emphasizing security, efficiency, and customer-focused financial services.
How to Become a MoniePoint Agent
If you’re interested in becoming a Moniepoint Point of Sale (POS) agent, follow these steps:
- Start by visiting the official Moniepoint website at https://moniepoint.com/
- Complete the registration form designed for Moniepoint agents and submit your information.
- Confirm your email address and phone number. Within 48 hours of registration, an agent from MoniePoint will contact you.
- The agent will provide you with guidance on the necessary procedures. Once you’ve fulfilled the requirements, they will officially designate you as an agent.
- Finally, log in to the MoniePoint POS dashboard to access and manage your account.
Documents Required to Register as a MoniePoint POS Agent
To become a MoniePoint POS Agent, you’ll need to provide specific documents as part of the registration process. These documents include:
- A verified business license or CAC documents (for registered businesses only).
- Your Bank Verification Number (BVN).
- Proof of your residence, such as a PHCN bill.
- Your bank account number.
- An official identity card, which can be a National ID, Voter’s card, or any other nationally recognized identification card.
How to Get a MoniePoint POS
To obtain a Moniepoint POS, follow these steps:
- Go to the official Moniepoint POS website
- Create a business account by signing up and entering the required details
- Inside your account, find the option to request a POS machine. Click on “Add a new POS” and adhere to the provided instructions.
- Deposit funds into your account and complete the payment for the machine, which amounts to N21,500
- Your POS device will be delivered to your location within 48 hours
What are the POS Charges for MoniePoint?
Compared to other service providers, MoniePoint offers one of the lowest and possibly the most affordable POS charges in Nigeria. These charges are determined by the number of transactions conducted and are not tied to a specific bank, unlike some other POS services. The standard charge for all banks in Nigeria is a fixed N20.
However, for withdrawals up to N4,000, the fee is a mere N6.2, but this fee increases as the withdrawn amount increases. Moniepoint does not impose additional bank-related fees, setting it apart from many other POS service providers.
Here’s a breakdown of the charges:
- Moniepoint charges 0.5% of the transaction amount for withdrawals ranging from N1 to N20,000.
- For transactions exceeding N20,000, a flat fee of N100 applies.
- Transfers through Moniepoint incur a fixed charge of N20.
For data charges and TV subscriptions, Moniepoint POS offers the following commission rates:
- MTN: 3% commission
- Glo: 4% commission
- DSTv: 2% commission
- GOTv: 2% commission
- PHCN (electricity): 2% commission
- 9Mobile: 4.5% commission
- Airtel: 4% commission
- Star Times: 2% commission
Benefits of Becoming a Moniepoint Agent
Becoming a MoniePoint agent in Nigeria comes with several benefits that make it a great choice:
- Quick Payments: MoniePoint ensures you get your earnings without delay with instant settlements.
- Lucrative Commissions: Moniepoint offers some of the best commission rates in the country, along with low service charges, which is why over 200,000 merchants have joined. You can be next.
- Outstanding Customer Support: Moniepoint has a top-notch customer support team ready to assist you. They’re just an email or WhatsApp message away and respond promptly.
- Reliable Network: Moniepoint’s dependable network keeps your POS devices working consistently. This is crucial to prevent business loss due to poor or no network signal.
- Multiple Transaction Channels: MoniePoint provides various options for your financial transactions, including a mobile app, debit cards, smart POS, and regular POS machines. It gives you flexibility and convenience.
Conclusion
Becoming a MoniePoint POS agent is a smart move with a host of benefits. You’ll enjoy prompt payments, generous commissions, top-notch customer support, and a reliable network. With multiple transaction channels, you have the flexibility to serve your customers efficiently. As you embark on your journey as a MoniePoint POS agent, you’re not just joining a platform; you’re joining a community of successful agents and entrepreneurs. The potential for growth and success in the POS business is limitless. So, seize this opportunity, and you could be on your way to a rewarding and profitable venture as a MoniePoint POS agent.
Frequently Asked Questions
What’s the cost of a Moniepoint POS machine?
MoniePoint offers its POS machines to eligible merchants for a lease fee of ₦25,000, provided they meet the daily transaction target of ₦20,000.
What transactions can I perform with the MoniePoint POS machine?
- Cash withdrawal
- Fund transfer
- Airtime purchase
- Utility bills payment
What are MoniePoint POS Usage Rules?
Moniepoint POS Usage Guidelines:
- Ensure a minimum of four daily deposits.
- Maintain a daily transaction value of at least ₦70,000; failure to meet this requirement may result in the withdrawal of the POS machine.
How can I update my MoniePoint POS machine?
To update your Moniepoint POS machine, follow these steps:
- Navigate to the home screen on your POS terminal.
- Locate and open the “AppMarket” application.
- Find the Moniepoint POS option.
- Select “Update.”
- Once the update is downloaded, click “Confirm” to install the update.
You can contact Monie Point through any of the following means:
- Office Address: 2 Wole Ariyo St, Lekki Phase 1, Lagos, Nigeria.
- Phone: +234 814 150 0017 (Whatsapp only)
- Email: support@moniepoint.com
- Facebook: https://web.facebook.com/Moniepoint/
- Instagram: https://www.instagram.com/moniepoint/
- Twitter: https://twitter.com/moniepoint
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