Category: Finance

Is It Possible to Buy Bitcoin?

Is It Possible to Buy Bitcoin?

So you are aware about the basics on bitcoin, now you are excited about its potential and you would like to buy a few bitcoin. But don’t know how? Bitcoin can easily be bought on the exchanges, or straight from the people through marketplaces. If you need complete details on how the process works visit howtobuyabitcoin now. You may pay them in various ways, which will range from the hard cash to debit and credit cards to the wire transfers, and even with some other cryptocurrencies, which depends upon who you buy from or where you stay.

Set up your wallet

First step will be setting up the wallet for storing bitcoin – you require one, and whatever the most preferred method for purchase. It can be the online wallet (part of exchange platform or through independent provider), desktop wallet, mobile wallet or offline one (like hardware device or paper wallet). Even within all these wallets categories there is the wide range of the services to select from, thus you need to do a little research before you decide over which version suits your requirements. You will find a lot of information on the wallets, and tips of using them. One important part of wallet is to keep your keys (string of characters) or passwords totally safe. Suppose you lose it, you will lose an access to your bitcoin that are stored there.

Is It Possible to Buy Bitcoin?

Open your account at any exchange

The cryptocurrency exchanges can buy or sell bitcoin for you. There are many operating at present, with different degrees of security and liquidity, and the new ones emerge whereas others end up in closing down. Since with the wallets, it’s advisable you do a little research before selecting– you might be lucky to have many reputable exchanges to select from, and your access will be limited to a few, depending on the geographical area.  Most exchanges accept the payment through bank transfer and credit card; also some are keen to work with the PayPal transfers too. Most of the exchanges charge certain fees (that normally include fees for using this bitcoin network).

Every exchange has got the different process for transaction and setup, and must give you enough detail to execute your purchase. Suppose not, you must consider changing your service provider. When exchange has got the payment, it can buy the remaining amount of BTC for you, and deposit it in the automatically generated wallet.

Four Things You Must Know About Health Insurance For Senior Citizens

Getting a senior citizen’s Health Insurance is a must for people who are planning to retire and looking for a pension to live their future lives. Moreover, the manner in which health care cost is increasing, senior citizen health insurance is a must. Nowadays we have various organizations that define various kinds of health insurance schemes for senior citizens but the terms and d conditions vary from place to place. The plans that are designed for senior citizens cover full health expenses not only for the person but also for their spouse and children.

Factors that one needs to be aware of while going for a senior citizen health insurance are as follows:

  • The Age Criteria

Health insurance schemes for senior citizens are designed for elderly people aged between 60 to 80 years. Even the maximum age for achieving a health insurance policy is quite high as compared to the conventional policies of insurance.

The Age Criteria

  • Coverage of Specific Diseases

The senior citizen health insurance policy covers all the pre-existing ailments and diseases the person is suffering from. Some companies allow this coverage after one year from the date of issue of this policy.

  • The Policy Form

In order to have a senior citizen’s Health Insurance, the basic step is to approach an insurance company and meet with the agent who could guide you about the features of the policy. This includes the time frame, the eligibility criteria, terms and conditions, and the cost incurred.

After filling in the form with accurate details supporting documents are also needed to be attached for cross verification. Documents required for senior citizen Health insurance usually address and ID proofs like aadhar card, voter card, PAN card, offer letters from working organization, driving licence and Bank Account Statements.

Pre-Medical Examination

This is a mandatory requirement for availing senior citizen health insurance. However, the drawback is that the entire cost incurred is borne by the person. But, some companies do reimburse the expenses after the insurance proposal is approved.

The importance of having a senior citizen Health Insurance is immense as these policies tend to provide financial benefits offering monetary help in case of unforeseen circumstances or health-relatedemergencies.

Silver Health from Bajaj Allianz, Gold from Max Rupa, Care from Religare, Varishtha Mediclaim offered by National Insurance are some well-known senior citizen Health policies available in India.Hence, if you are a senior citizen planning to get a health insurance plan, then better not delay as you never know what may come across in life anytime.

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