2021 Aug 2
Wealth growth and management are hot topics swirling around in the minds of Sri Lankan youth. Cryptocurrency is the latest term circling the personal finance block, whether it is business people who sink large sums into this digital phenomenon or youngsters hesitantly investing small sums to see the outcome.
However, in Sri Lanka, the legality revolving around cryptocurrency is still fuzzy. Being a developing country, evolving and adapting to new technology might just be the ladder to elevate our status to “Developed”.
Enter Dunith De Silva and Eden Solutions, a platform that aims to give all Sri Lankans financial freedom and educate them on the wonders of cryptocurrency. Dunith believes that a majority of Sri Lankans have never even heard of virtual currencies, let alone know how to dabble in it. Once an aspiring US Navy Seal, he has now shifted his passion to teaching Sri Lankans how to break out of the financial rut that they are stuck in. After scouring the internet and learning and investing in cryptocurrency, he now aims to share his knowledge with the rest of us. Currently, he is also completing his Bachelor’s Degree in Data Science at Monash University.
Eden Solutions will be hosting a series of classes for those who are interested. Because of the novelty of the concept, information has been pre-recorded and set up in a structured manner to enable everyone to grasp it.
Here is a list of what they plan to cover,
1) Brief introduction to cryptocurrency
2) Registering and verifying on Binance
3) Using the Binance interface
4) Why and how to purchase USDT
5) Technical analysis (7 Methods)
6) Spot trading: how to buy and sell crypto
7) How to get cash for your USDT
8) Deposit and withdraw from Binance exchange to anywhere you wish
9) How to purchase, set up and use your hardware wallet
10) Integrating cryptocurrency into your business to send and receive payments
11) How to earn passive income (3 Methods)
12) Eden Solutions’ Portfolio
13) How crypto can save you from inflation
Doubts and inquiries will be clarified through email or WhatsApp. For those who simply don’t have the time to sit through a course, online/in-person meetings will be held to help set up an account and teach the basics of trading cryptocurrency.
One might be wondering – why pay for a course when a lot of information is available online already? Searching for the adequate amount of information that you need to be successful at cryptocurrency can be a dire, time-consuming process. Eden Solutions provides a one-stop solution by giving you everything that you need to know. Cryptocurrency is a vast subject, and putting together pieces of information from multiple sources may not work. Eden Solutions presents a tried and tested plan where one will not get overwhelmed from too much information.
1) Users are able to send and receive payments to or from anyone on the network around the world without requiring approval from any external source or authority.
2) Users are not subjected to the litany of traditional banking fees associated with fiat currencies. This means no account maintenance or minimum balance fees, no overdraft charges, and no returned deposit fees, among many others. This means that there is little to no transaction fees.
3) Using the peer-to-peer mechanism of the blockchain technology, cross-border transfers and transactions may be conducted without complications over currency exchange fluctuations.
4) Cryptocurrency can be used to mitigate inflation. One strategy of mitigating inflation is converting your rupees to dollars and holding it. But with a lack of dollars in the country, how can we Sri Lankans do that? Cryptocurrency provides you with a pathway!
The time is ideal to enter the world of cryptocurrency as almost all digital assets are 50% lower than their all-time high. There is a very good chance of multiplying your money by investing in good assets.
Eden Solutions is also planning to approach schools and institutions to partner with and provide their students with enrolment to this masterclass, giving the younger generation an opportunity to have a head start into the future.
This class is also ideal for businesses, as the course will be covering how cryptocurrency can be used as a transaction method to enhance and grow a business. This aims to help companies understand the value of educating their company personnel about cryptocurrency.
So what are you waiting for? Head on over to https://www.edensolutionslk.com and start your journey to financial freedom!