I will take the trade on Qualcomm stock only when either the Calls or Puts option I am tracking on the watchlist starts moving.
The forecasted stock price move is about 8% in average over the next upcoming week.
When this happens, the weekly options are bound to pay upwards of 500% gain depending on how many days are left before expiration.
Weekly Stock Price Predictions Accuracy
In case you may be wondering about the accuracy of my weekly forecast on QCOM stock price and others, I recorded weekly videos on my YouTube channel with the results.
From May 2200 to November 2020 which spans 24 weeks, here is a quick summary of the overall forecasted results.
Weekly stock Price Forecast
Average # Forecasted Stock Price
Average % Move Per Stock Price
Number of 900% Profit Trades
50 in 24 weeks
Number of 5000% Profit Trades
4 in 24 weeks
Average # 10-Baggers per week
Short-Term Stock Price Predictions Performance by Successful Tradings
As you can see from the above table of results of the weekly forecasts, there is a great deal of consistency in our stock price forecast results.
Because all the stock price that my AI chine forecasts do not make the same move, I decided that we only consider those making at least a 4% move in either direction as winners.
Just for our options trading beginners, a 4% move on the underlying stock over the course of a week can easily produce 200% profit in options.
With this criterion, I can then generate the so-called win rate that many traders are so focused on.
The alt column of the graph above reveals an average accuracy of over 85%. That is not bad if I may say myself.
However, may I leave you with this question.
Would you rather trade a strategy that have a 90% accuracy and giving you 30% gains or one that only has 50% accuracy but when the forecast is correct, your gains are 500%, 600% or above?
FINAL THOUGHTS ON Qualcomm Stock Price Prediction
Qualcomm stock maybe at the beginning of a massive breakout following a very bullish Earnings.
Based on the current cost distribution of the QCOM stock, it may be astute to hold off a bit before jumping on these bullish predictions so that your entry can be closer to the average cost in the $150 range.
In the meantime, come learn how to take advantage of short-term volatility in qualcomm stock price by leveraging my Earnings Quant Analysis on QCOM as well as on multiple other stocks.
So technical analysis on TradingView Pro or Pro+ is something I use regularly.
The feature that comes in handy for this work is the Replay Bar.
It enables traders to easily get familiar with the various indicators.
Here is the video explaining this feature and the others we have been using to get great results you have seen on my YouTube channel.
How Much Does TradingView Pro Cost?
With the current sale on TradingView Pro, Pro+ and premium, it will cost you least than 50cents per day to get all the above feature of TradingView Pro.
I am not sure if you are a coffee drinker at some of the fancy place.
But may I suggest you find a way to fund your yearly TradingView Subscription of less than $155 by altering just that one small habit.
The price of the TradingView Pro+ still comes down to less than $1 per day at $199 USD per year.
This year, you will Get an Extra Month Free on your yearly Plan.
This is a no brainer even if you are a current subscriber.
TradingView will add more time to your Membership.
In my scenario, I have 65 days left on my current Subscription.
I will extend my current subscription for one year = 365 days + 1 month + 65 days = 465 days after my purchase.
Here is the offer for Black Friday and Cyber Monday.
How To Use TradingView ?
Now that you have decided on which TradingView subscription plan best fits your needs, you are eager to setup your TradingView Pro or Pro+ charts.
I have created this easy video to help you do just that in very simple steps.
Should you have any questions on how to best use TradingView as part of your trading, you can contact me directly on this website or write me an email or leave your comment on our multiple educational videos.
Want to learn about the best bitcoin wallet for android in 2022? Technology has progressed throughout time, and today things that appeared impossible a few years ago are now a reality. You can now get meals, services, and just much anything else online and pay for it without ever leaving your house.
What Is Bitcoin Wallet?
It should come as no surprise that cash payments are becoming obsolete. Along with wireless payments such as Google or Apple Pay (which still require a banking account or card, i.e. real cash), cryptocurrencies such as Bitcoin are becoming increasingly popular.
The fundamental advantage of cryptocurrency is that it does not rely on banks to authenticate transactions, instead of relying on blockchain technology, which employs a peer-to-peer system in which money is sent directly from a sender to a recipient.
The term “crypto” refers to the use of encryption to safeguard transactional data and ensure the transaction’s authenticity. Because there is no centralized location for keeping the data and it is encrypted, it is considered tough to hack.
In this article i will tell you about the Best Bitcoin Wallet For Android in 2022
A Bitcoin wallet is a digital wallet that allows you to send and receive Bitcoins.
This is similar to having a real wallet. Rather than keeping real money, the wallet saves the cryptographic information needed to access Bitcoin addresses and send transactions.
Other cryptocurrencies can be stored in certain Bitcoin wallets.
How do Bitcoin Wallet works?
A Bitcoin wallet is an application software or device that can connect with the Bitcoin blockchain. Although many people conceive of Bitcoin wallets as “storage” devices, they reflect the cryptographic control of a blockchain address.
Each Bitcoin wallet has a set of private keys, or secret numbers, that correlate to the user’s blockchain address book.
These keys are used to sign Bitcoin transactions, giving the user authority over the bitcoins in the address.
If an attacker obtains the private keys of a wallet, they can transfer the Bitcoins from that address to their own wallet.
List of recognizable android wallets:
This is the list of some of the android bitcoin wallets used:
Electrum Boitcoin Wallet
Mycelium Bitcoin Wallet
Some brokerage apps like SoFi
Hardware crypto wallets
Bitcoin.org’s Choose you Wallet tool
Coinomi, The Best Bitcoin Wallet for Android :
Coinomi is a mobile and desktop wallet that allows you to transfer and receive over 1,770 different cryptocurrency assets.
Coinami Wallet is a good cryptocurrency wallet with a lot of options. Every coin based on ERC20/223/723, Omnilayer, NEM, BEP2, and TRC10 is supported. As a result, it’s a fantastic wallet for anyone who wants to hold a variety of coins.
The app also has a nice UI, good security, multi-seed support, a DApp browser, and other features.
Founder of Coinomi:
George Kimionis launched Coinomi in 2014 to develop safe blockchain application solutions. Moreover, the firm currently employs less than 20 people and has not received any outside investment.
Why choose Coinomi:
Coinomi provides its, users, a range of features including:
Your private keys are never sent outside of your device. Strong wallet encryption and cryptography ensure that your funds are kept safe and under your control.
Coinomi’s mobile app has expanded to fully support both iOS and Android, and now a desktop version has been added, wallet access and control are even more accessible.
Bitcoin, as well as the majority of significant cryptocurrencies and tokens, is supported natively. Integration of major cryptocurrencies and tokens continuously. When it comes to coin selection and adding, the utmost care is taken.
Coinomi has been in existence since 2014, has never been hacked, and has never caused a user to lose money.
There are no costs for transmitting or receiving transactions; the transaction fees are paid straight to the miners.
Transaction costs are determined dynamically, ensuring that you always get the best deal. You may also set up and utilize your own fees in any of the supported currencies.
Through our strategic partners and multiple DEXes, you may immediately swap between hundreds of assets and thousands of pairings. Transaction speeds are faster than industry standards, ensuring privacy.
You may pay directly with altcoins to bitcoin addresses, and vice versa, thanks to advanced technology. There are no more steps or sign-ins to complete. The procedure of making a cross-chain payment is as simple as clicking a button.
Coinomi is available in a variety of languages, including English, Chinese, Spanish, French, German, Russian, and others, with more translations on the way.
Coinomi supports Segwit, which means that if you’re transferring Bitcoin or Litecoin, you’ll get faster confirmations and reduced costs.
Change between Bech32, P2SH, and legacy modes dynamically.
Integrated with Built-in Exchange:
An in-wallet exchange facility is something that a few multicurrency cryptocurrency wallets provide. This allows you to trade currencies without removing them from the device. Coinomi is no exception, as the company has teamed with ShapeShift and Changelly to allow customers to trade their cryptocurrencies on the go, straight from their Coinomi wallet.
This saves money on exchange fees as well as the time and effort involved in sending coins to an exchange.
Furthermore, because you do not need to transfer your coins to an exchange to convert them, you avoid the costly and privacy-invading KYC regulations that certain exchanges impose.
Coinomi supports over 125 distinct blockchains (according to its website, the most for non-custodial wallets) and over 1,770 total crypto assets, including tokens.
The most popular coins Coinomi supports are:
Overall Customer Review:
Coinomi employees, according to Reddit threads, are quite responsive. Coinomi claims to have “millions of satisfied users” and that “none of their phone-based wallets have been hacked or otherwise compromised” since 2014.
This appears to be the case, according to users, as there aren’t many complaints regarding their service. Most online reviews appear to support this, with the Coinomi wallet receiving a rating of 4-5 stars.
Setting up Coinomi Wallet:
The Coinomi wallet is available for Android and iOS phones, as well as Windows, Linux, and also on OSX computers. It’s simple to download, install, and use the wallet on any device.
Here’s a quick guide on setting up your Coinomi wallet:
Help & Support :
Although Coinomi is a free option, it does provide help to its users through a variety of channels. To begin, they provide an official help portal with a range of user manuals and some of the most frequently asked questions.
You may always file a ticket through the portal if you have a more specific question that has not been answered. You will be issued a ticket number after your ticket has been filed. This is helpful since you may use it to follow up with the team via their other channels of communication.
Coinomi has active accounts on Twitter, Telegram, and Facebook, where they communicate with their followers daily. They keep an official blog for some of the most major news and releases.
Is Coinomi a safe option:
Coinomi claims itself as a wallet that prioritizes security. The security of the assets cannot be underestimated, hence it is a reasonable concern for bitcoin wallet creators. What security features does Coinomi have to provide its users?
To begin with, Coinomi users have access to their private keys, which they may share with no one else. Users’ private keys are also encrypted, so Coinomi staff cannot access them. Private keys are only kept on the devices of the users.
What makes it so crucial? It’s critical because even if the Coinomi network is hacked, the cash will remain in the hands of the users, and hackers will be unable to access funds.
Having your private keys is, of course, a benefit that comes with more responsibility. If you lose your password and/or seed phrase, for example, you won’t be able to access your account again no matter what you do.
Finally, Coinomi is the best bitcoin wallet for android in 2022 and is a wonderful choice for desktop or mobile because of its user-friendliness, security, and a large selection of supported cryptocurrencies.
Furthermore, because new users are sometimes hesitant to trade on exchanges where figures swing about on both the ask and sell sides, trading using the Coinomi wallet makes the procedure much simpler. The Coinomi wallet is likely to appeal to anybody, including advanced users.
Wallets for alternative cryptocurrencies are critical to the development and operation of cryptocurrencies. This kind of best altcoin wallets offer both security and convenience in terms of sending and receiving payments.
Wallets for cryptocurrencies operate in the same manner as Bitcoin wallets. In reality, a vast majority of alternative cryptocurrency wallets support the world’s biggest cryptocurrency.
We’ll go through what makes one Altcoin wallet superior to another, and why. In addition, we will give you a selection of the best Altcoin wallets for you to choose from.
What is the significance of selecting the best Altcoin wallets?
Altcoins (alternative cryptocurrencies) began to rise throughout the globe shortly after Bitcoin was created. The success of each currency was predicated on the fact that it made improvements to the Bitcoin protocol.
For example, Ethereum took the Blockchain idea and turned it into a decentralized platform. Now, it provides a platform where anybody may create unique applications for the network.
For its part, Litecoin is a cryptocurrency that is comparable to Bitcoin in many aspects. However, it has quicker transaction times, making it more convenient to use for payments.
While many Altcoins were developed with the intention of being superior to Bitcoin, others were merely made as a joke or, worse, as a hoax to defraud investors.
In a similar way, there are hundreds of best Altcoin wallets accessible. Although many of them are reputable and legitimate, some are amateurish. There are yet others that are just a front for criminals to hide behind.
The finest Altcoin wallets will guarantee that you do not fall prey to a criminal’s trap. In addition, it provides you with better functionality and support for alternative cryptocurrencies.
Which cryptocurrency wallets are the most reliable?
Choosing the Best Altcoin Wallet
It is crucial to note at this moment that there is no one wallet that can meet the demands, skill levels, and coin support requirements of every person.
While some users may be seeking a wallet to keep the rare Altcoin, others may be hoping to make a profit on a regular basis via frequent trades and transactions.
Various Types of Bitcoin Wallets
Because there are so many various types of Altcoin wallets accessible, it is a good idea to categorize them in a number of ways.
One of the most common methods of doing this is by dividing Altcoin wallets into two categories: cold and hot. Cold wallets are physical devices that are small enough to fit in the palm of your hand, but not necessarily.
They are not free. However, they do offer improved security by being unplugged from the Internet for the majority of the time. On the other hand, a hot wallet is often free. However, this also implies that it is less safe than a cold wallet.
Hot wallets may be divided into the following categories:
It is a type of bitcoin wallet that can be installed on your PC. Such wallets may be compatible with a variety of operating systems. Some may restrict to Windows, Mac, or Linux only.
With the help of a simple Wi-Fi connection, you may transfer and receive coins using your mobile wallet. It is simply loaded on your smartphone. The best cryptocurrency wallets for mobile devices are those that function on both iOS and Android smartphones.
This wallet allows you to access your money and make transactions straight from your web browser, eliminating the need to download any software or other software-based solutions.
Another crucial factor to consider is the cost of the wallet. With a few exceptions, the vast majority of hot wallets are free, but the vast majority of cold wallets are not.
The decision on which choice to choose is mostly influenced by the level of security necessary. It’s possible that a hot wallet will be sufficient if you’re just going to hold a tiny amount of Altcoins.
In contrast, if you want to invest in the finest Altcoins and hold on to them, a safe cold wallet (also known as a hardware wallet) is preferable.
One feature that some of the best Altcoin wallets provide is integrated solutions that allow you to swap currencies quickly and easily.
The end result would be that you’d be able to purchase and sell multiple supported currencies through an exchange, with cash immediately leaving and entering your wallet as needed.
As an added convenience, certain wallet providers may also handle cryptocurrency exchanges, making the whole transaction easier and sometimes more cost-effective.
6 Best Altcoins Wallets
Number of Currencies
Private Key Access
Ledger Nano S
Desktop Mobile Web
Crypto Wallets Comparison
Ledger Nano S
Because of its elegant look and robust functionality, the Ledger Nano S is one of the most recognizable cryptocurrency wallets on the market.
With the ability to accept more than 1,100 different Altcoins and ICO tokens, it is very user-friendly and suitable for both novice and expert users. The Nano S is a hardware wallet that features tamper-alert software to detect unauthorized access.
The wallet retails for a fairly reasonable price considering the features it offers. For reasons of security, you must have the device with you at all times in order to authorize transactions.
However, in order to increase convenience, Ledger offers a mobile application that makes browsing and execution of transactions more straightforward.
Supports more than 1100 coins and tokens
Provides an excellent value for money
Doesn’t provide any private key access
Guarda is a popular digital wallet that has the particular feature of being compatible with a wide range of devices and browsers.
Additionally, Guarda offers a Chrome extension, as well as Ubuntu, Mac, and Linux software, in addition to functioning on iOS and Android devices as well as Windows computers.
This free worldwide Altcoin wallet may link to partner exchanges to give a quick method to purchase and sell currencies. It is simple to set up and literally anybody can use it.
Guarda is undoubtedly one of the top best Altcoin wallets for beginners due to its ease of use and simplicity. Due to the fact that it is an online wallet, it is not as secure as a hardware wallet. The total experience, however, may be had for a far lower investment of money.
Please bear in mind that Guarda is a non-custodial wallet.
It means that users are completely responsible for keeping their passwords and recovery phrases private and secure.
Because Guarda is unable to act, you will be unable to access your cash if these documents are lost.
Coinbase Wallet is the second regulated wallet on our list of the best Altcoin wallets. It is also the one we most widely use. Coinbase Wallet, which is owned by one of the major Bitcoin brokers in the world, is completely free to use and very simple to set up.
Despite the fact that it is a popular mobile wallet, it is safeguarded by extensive security safeguards, some of which are similar to those found in banks.
When utilizing the Coinbase Wallet, you have the option of connecting with an online exchange in order to automatically transfer and receive other currencies.
While one of these exchanges is Coinbase itself, you are not restricted to using just this particular exchange.
This wallet also allows you to connect with Decentralised Apps that are built on the Ethereum blockchain directly (DApps).
No setup fee
Available on Android and iOS
Supports recovery option
No private key access
Supports a small number of coins
Trezor is a well-known maker of bitcoin wallets that are both safe and dependable. It was established less than a year after the birth of Bitcoin and now supports more than 1,000 other cryptocurrencies and tokens.
The Model One wallet is the most affordable of the company’s major wallets, retailing at €59. The navigation buttons on this model, as opposed to the touch screen of the more costly Model T, allow for easier navigating.
Trezor’s Model One is a simple device that is suitable for both beginners and more experienced users alike. However, even though hardware wallets like this are inherently more secure than other options.
Trezor includes two-factor and FIDO2 authentication mechanisms to further increase their security. When you link this gadget to your smartphone, the possibilities for its use become almost limitless.
Using this method, you will discover an increasing number of applications that enhance the functionality and convenience of your Model One.
Safe and reliable
Supports more than 1000 coins
Provides good value for money
No private key access
Exodus is a desktop and mobile wallet. It has the rating as one of the best Altcoin wallets in terms of overall usability. The online wallet, which is popular among Altcoin traders, features real-time price charts as well as the opportunity to purchase and sell Altcoins directly.
It supports more than 100 different currencies and tokens. Moreover, Exodus also provides a selection of alternative applications to improve your trading experience and manage your money.
This Altcoin wallet is non-custodial, which means that it is primarily the responsibility of the user to keep their passwords and recovery phrases secure and confidential. If you don’t have them, you’ll be unable to access money in the future.
If you’re a trader who is eager to invest in Altcoins, Exodus has a lot to offer, including the ability to trade while on the road straight from its mobile application.
Supports more than 100 coins and tokens
Available on desktop, Android, and iOS
Trading apps and live charts available
Higher conversion fees
For Android and iOS smartphones, Indacoin Wallet is a mobile cryptocurrency wallet that supports a variety of cryptocurrencies. This wallet has received favorable feedback from its customers, and it provides a free method for getting access to a wallet in seconds.
Indacoin Exchange is owned by this organization, and this wallet allows you to trade Altcoins as well as purchase them using a debit or credit card.
The Indacoin Wallet is simple to use, making it an excellent choice for novices. A total of over 100 different currencies and tokens are accessible via the wallet. Account activation is as simple as providing a cellphone number, and customer service is accessible around the clock.
This is particularly critical in the event that you lose access to your wallet due to a password forgetting incident.
Supports more than 100 coins and tokens
Direct Altcoin purchase or conversion
Available on Android and iOS
Supports recovery option
Android app has bugs
As cryptocurrencies continue to develop, so will the best Altcoin wallets, which will become more and more sophisticated.
In addition to the wallets listed on this page, there are countless more platforms where you may purchase, sell, and store cryptocurrencies and tokens.
However, the wallets we discussed about on this page are super dependable, respectable, and trustworthy. Picking a wallet provider you can rely on, much like choosing a bank account, may save you time, money, and frustration.
Is Webull Safe in 2022 ? Webull is one of the newest online brokers, founded in 2017 and debuted in May 2018 with just a mobile app. Stocks, ETFs, options, and cryptocurrencies are all available at Webull.
This smaller collection of assets aims the younger and more self-directed clients.
Meanwhile, the more conscious investors cannot help wondering :Is Webull Safe to Invest with in 2022 ?
Is Webull Safe | What Is Webull
Webull Financial LLC provides a commission-free electronic trading platform for stocks, exchange-traded funds, options, margins, and cryptocurrencies, accessible by mobile app and desktop computer.
Who Owns Webull?
Wang Anquan owns Webull’s parent business, Fumi Technology.
He controls roughly 35% of the organization.
Xiaomi ranks second with roughly 14 percent, followed by Noah Holdings Ltd. with around 9%.
So far, Anthony Denier’s ownership share has remained unknown.
How does Webull Make Money?
Webull is a FinTech startup that allows customers to trade financial commodities like stocks and exchange-traded funds (ETFs) without paying a fee.
Payments for order flow, short selling fees, subscription fees, interest paid on margin, and earnings gained by investing funds on balance are all ways that Webull generates money.
Webull does not charge any kind of commission.
But even no-commission platforms, must generate money in some way.
Here’s how Webull goes about it:
Payment for order flow
This is a contentious but frequent technique in which trading applications generate money. They do so by routing clients’ orders to high-speed traders.
Some investors engage in a technique known as short-selling.
It involves betting on a company’s stock price falling.
Webull generates money by lending investors’ shares to short-sellers.
They then sell the borrowed shares to third-party investors in the hopes of repurchasing them at a lower price later.
Interest on Free Credit Balances
A free credit balance is the amount of money that a broker has to pay you on-demand.
This includes the money you deposit in an account or dividends.
Brokerages profit from the idle cash in your account by lending it to other parties.
They collect the interest on it.
Users who have at least $2,000 may create a margin account.
It allows them to borrow money to purchase stocks.
Customers get more purchasing power, but they also take more risk.
The amount of the margin loan decides the margin rate.
Webull charges interest every month.
A debit amount of up to $25,000, for example, has an annual margin rate of 6.99%.
Webull Growing Popularity
Webull is touching new heights of popularity in the stock market.
The criticism against Robinhood Markets’ trading limits may be sending users to Webull Financial, one of the brokerage’s fastest-growing competitors.
New account signups were 1,548 % greater than the seven-day norm, according to the Chinese-owned brokerage.
The company’s trading app, which had a previous standing at 60th.
Hence, it is now the second-most popular free iPhone app in the United States, behind only Robinhood.
Google Trends Stats Worldwide Search
Before the year 2021, the Google trends for Webull were not so encouraging.
However, over the course of last 12 months, there has been amazing fluctuations particularly in the month of January.
We can expect the same in the January 2022.
So, let’s look forward to it.
Google Trends stats USA
Similar to what we discussed for the worldwide trends, the Webull trends in the USA have been really promising.
We can hope to expect some bigger things in the coming year!
Compare Webull Popularity to Nemesis Robinhood
Millions of users have flocked to Webull and Robinhood, two of the most popular investing apps, for their ability to swiftly trade and monitor stocks, options, and cryptocurrencies.
Moreover, Webull provides helpful charts, better customer assistance, and still gets the job with no fees.
Looking at the Google trends Search for the two millennials trading platforms, Robinhood is 6 to 7 times more popular that Webull as depicted on the chart below.
Robinhood is fantastic for no-cost trading, an innovative mobile app, and fractional shares, whereas Robinhood is great for no-cost trading, a slick mobile app, and fractional shares.
Although the cryptocurrency market is open 24 hours a day.
Webull’s extended hours trading function allows users to trade conventional assets such as stocks and ETFs from 4 a.m. to 9:30 a.m. or 4 p.m. to 8 p.m.
The stock market’s typical hours are 9:30 a.m. to 4 p.m. Eastern Time.
This feature is making Webull more popular than Robinhood.
Is Webull a Legit Trading Platform
All of the key financial regulators regard Webull to be a legit trading platform.
In general, any brokerage’s safety may be determined by the level of protection you have as an investor and the broker’s history. And on these counts, Webull is unmistakable.
Is it Safe to give Webull your SSN?
When you are creating your Webull account for the first time, you will be asked your physical residence.
Then short after, you will be required to provide your Social Security Number (SSN).
Many people are surprised by this request and feel quite uncomfortable.
Giving your SSN to a trading platform is a requirement because Webull like many other trading platforms must reports your earnings at the end of the year to the Internal Revenue Service.
The SSN collected that Webull collects are part of a huge data base of personal information.
This information needs to be secured enough to avoid any breach on people personal info.
How is Webull Regulated in the USA?
Webull is a licensed broker-dealer with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).
The SIPC, since 1970, is a non-profit, nationally required, and member-funded organization that has guaranteed funds placed with US-registered brokerages.
The Securities and Exchange Commission (SEC) of the United States has launched its official website to safeguard investors and ensure fair, orderly, and efficient markets by preventing fraud, manipulation, excessive speculation, and insider trading.
However, Webull customers may invest in over 5,000 US-listed stocks, ETFs, and other assets without paying a fee.
Investors may use the app to access trading services encompassing market data from over 100 exchanges in 90 countries.
Everything is there: stocks, bonds, commodities, foreign exchange, options trading, and cryptocurrencies.
Webull Regulations in other countries?
In the USA, the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regulate Webull.
However, outside the USA i.e. in China and Hong Kong, Hong Kong Securities and Futures Commissions (SFC) are undertaking its regulation.
Which other countries have access to the platform today?
At present, other than the USA there are very few countries in the world that have access to Webull.
These few countries are China and Hong Kong, Korea, India, Japan, Malaysia, Turkey, Brazil, and The Philippines.
So, it is very clear that Webull operates in different countries in the world, and it may become operational in some other countries also.
How do different regulators control Webull?
Webull is regulated by federal securities regulations that guarantee that all investors are treated fairly. The SEC zealously enforces all federal securities laws and holds everyone responsible for any violation.
On the other hand, FINRA’s purpose also includes investor protection.
As a government-authorized non-profit, they protect the integrity of the financial markets by monitoring all brokerage firms in the United States.
However, every business that distributes securities products and the securities of their advertising is licensed and tested by FINRA. FINRA analyzes billions of market events every day.
Is Webull Secure Enough to Invest with?
When choosing an online trading platform, look into what financial authorities control the site to ensure its reputation.
As you can see, many top-tier organizations are behind the regulation of Webull.
This guarantees that it complies with all US, UK, and international laws ensuring the protection of investors.
How are stock investors protected?
Webull is a member of the SIPC – Securities Investor Protection Corporation.
It means that clients have a cover-up of $500,000 ($250,000 in cash) if the brokerage goes out of business. It is also relevant in the case of loss of assets.
The brokerage’s clearing business, Apex Clearing, has extra insurance coverage that covers securities and cashes up to a total amount of $150 million.
This is subject to maximum restrictions of $37.5 million in securities and $900,000 in cash for each client.
However, bear in mind that this coverage won’t prevent you from just losing money in the market, which is why investing sensibly is so crucial.
How are Crypto investors protected?
An account with Apex Crypto is a must-have to trade cryptocurrencies. Apex Crypto is not a broker-dealer that has the registration with the SEC.
It handles Webull’s crypto trading and custody.
Moreover, Apex Crypto performs the transaction and maintains the coin money when you purchase a cryptocurrency on Webull.
While Apex Crypto seems to offer secure crypto storage, there are a few points to keep in mind:
Its bitcoin assets are not covered by insurance.
Its risk statement states that in the case of technical issues, it may not have enough financial coverage to compensate for bitcoin losses.
What Can You Do to Keep Your Webull Account Safe
While Webull does its part in keeping your account and personal information protected, you can help as well by following the safety tips below:
Here are a few tips:
• Ignore suspicious calls, texts or emails that request personal information or payment. Webull will never ask you for your passwords and will never call you to seek personal information.
• Ignore and report any calls, texts or emails that ask you to transfer money. Webull will never request that you wire money to any Webull account.
• Be sure you know who an email or text message is from before you click on a link or open an attachment. Hover over links to reveal the website’s URL and see where the link really goes. Do not click on links that don’t match the sender or don’t match what you expect to see.
• Pay close attention to the email address and sender’s name, which may be off by just a character or two if it’s a phishing attempt. Webull will only contact you from verified Webull domains: Webull.com or Webull-us.com. Other domains, like webullxa.com, are fraudulent and you should not engage with them.
• Be careful of suspicious calls, texts or emails that imply a sense of urgency or ask you to act quickly.
• Only download apps from legitimate app stores (like the Apple App Store, Google Play App Store).
• Enable two-factor authorization and review your trusted devices in order to protect access to your account.
• More information is also available at https://www.consumer.ftc.gov/articles/how-recognize-and-avoid-phishing-scams
What Do Users Say About Webull?
Webull is ideal for the trader or aggressive investor who does not want assistance.
It also appeals to individuals who wish to trade since there are no additional expenses.
There is no account minimum, competitive margin rates, and zero fees on stocks, ETFs, options, and cryptocurrencies.
Is Webull trusted by Investors?
Since its inception in 2017, Webull has seen consistent development.
Not only has it survived the COVID-19-facilitated 2020 crisis, but it has also managed to grow its service offering during that period.
Webull has allowed its traders to utilize cryptocurrencies as trading instruments from the end of November 2020.
Who is Webull Target demographic?
Webull’s most significant target demographic, millennials, were reflected in the mobile-first launch.
Webull serves the newer and more active traders.
In addition, Webull welcomes people who take interest in a platform that offers a wide variety of free services, such as no account minimums, commission-free stock/ETF, and options trading and numerous cryptocurrencies.
Moreover, customers of Webull receive a lot of bang for their buck: a beautiful platform with a lot of valuable tools and features, as well as attractive profit rates.
Is Webull Really Free?
Webull does not charge commissions on any transactions, including the purchase and sale of cryptocurrencies such as Bitcoin and the trading of options.
Robinhood popularized commission-free trading, which is now the industry standard, even among major brokerages like Charles Schwab and Fidelity.
According to Webull’s website, regulatory bodies like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) may still charge extremely tiny fees, such as $0.02 per transaction.
Is Webull Good For Beginners?
Webull is an excellent broker for newcomers.
First and foremost, their online platform is ideal for any newcomer, as it offers a wide range of order types, good customizability (workspace, charts), and is ultimately user-friendly.
Also, with two-step authentication, the Webull mobile platform is secure.
However, many newbies to trading are afraid of expenses, so the no-fee for options, ETFs, and equities is a massive plus for them.
A simple account registration procedure is another reason why this platform is a good location for new traders to start.
There is no minimum deposit, you can enjoy Webull Instant Deposit and everything is entirely digital and very quick.
This article provided arguments to answer the question : Is Webull Safe for new investors in 2022?
Depending on your investment type, you can feel secure to invest with Webull as many regulations are in place to protect your money.
As for cryptocurrencies product, Webull current clearing firm Apex Crypto does not provide the security to the many traders who embark in this new endeavor.
Until time will tell how people will feel about that part of Webull not knowing what may happen t their money should some awry happens down the road.
Binance vs Kraken – Both are two well-known worldwide exchanges that provide cryptocurrency trading, staking, margin trading, institutional services, and various other services.
Advanced trading choices, cheap costs, and mobile applications are all available on these two crypto exchange platforms.
Furthermore, both have aimed at intermediate or advanced users. Binance, on the one hand, has somewhat cheaper costs, a more comprehensive selection of currencies, and more options to deposit and withdraw money.
On the other hand, Kraken is recognized for its excellent security standards, has just received Wyoming bank charter approval, and plans to go public in 2022.
Binance Exchange Quick Overview
Binance, the world’s biggest cryptocurrency exchange by trading volume, was created in 2017.
The exchange began in China. It now has over 13.5 million active users and operates in the United States, Europe, and other parts of the globe.
Binance trades approximately 500 cryptocurrencies, including two coins it created: BNB (Binance Coin) and BSC (Binance Security Coin) (Binance Smart Chain).
Trading on leveraged tokens, cryptocurrency futures, and a decentralized exchange are all available on the platform (Binance DEX).
Kraken was one of the first significant cryptocurrency exchanges, having been created in 2013 in San Francisco.
After the Japanese cryptocurrency exchange, Mt. Gox went bankrupt in 2014, and consumers were forced to open an account with Kraken to recover their funds.
Moreover, Kraken currently supports over 70 coins for trade. It has cheap costs and a wide range of sophisticated trading options, including futures, margin, and over-the-counter (OTC) trading.
Furthermore, Kraken is known for its impenetrable security – the platform has never been hacked.
Binance vs. Kraken: Which one is easy to use?
Binance and Kraken may both be accessed using a web browser or a mobile app.
When it comes to simplicity of use and Binance vs. Kraken, Kraken comes out on top.
For first-timers, every crypto trade might be a weird and unfamiliar experience. However,
Binance’s user interface does not make things much simpler for the typical novice.
The Binance web interface presumes that visitors are familiar with how to use a cryptocurrency exchange. There are three viewpoints available: “basic,” “classic,” and “advanced.”
In the basic view, converting one crypto to another should be straightforward enough for everyone, given the display has two dropdown selections.
The advanced view is designed for skilled traders and may be beneficial to experienced users.
Kraken is more enticing to those who aren’t acquainted with exchanges. The interface is more user-friendly and clearly explains how to complete tasks. Users may make a purchase or sell order by selecting the “new order” option. The procedure is also made simpler by the style, colors, and bigger text.
Binance vs. Kraken: Which is more secure?
Without any doubt, the most critical factor to consider when selecting a cryptocurrency trading platform is security. This remains true in this Binance vs. Kraken comparison, as well as every other crypto-related comparison you may encounter!
However, you risk losing all of your assets if you put your funds into a less secure exchange. Although most of the top-tier cryptocurrency trading platforms have their security mechanisms in place, it’s still worth remembering!
Hackers got into Binance in 2019 and stole $40 million in cryptocurrency.
While no more security breaches have happened afterward, the incident raises concerns. Those inquiries have also gone unanswered by the corporation.
Binance does not provide all of the facts of how it protects its crypto assets.
Kraken has never been hacked, and its security policies are open and transparent.
In fact, the company’s website has an entire page devoted to explaining its extensive security features.
The exchange maintains 95 percent of its cash in air-gapped cold storage, keeps its servers under 24-hour video monitoring, and encrypts all sensitive account information at both the system and data levels.
Binance vs. Kraken: Good Features
In terms of trading, both platforms provide a lot of the same functionality.
The purchasing, selling, and converting of cryptocurrencies are the main things for which most people utilize crypto exchanges.
If all you want to do is convert some fiat cash to cryptocurrency, any exchange will suffice.
Peer-to-peer (P2P) trading, margin lending, futures trading are all available on Binance. Advanced charting and technical analysis tools are also available.
Specific transaction types, like margin trading, are not accessible on Binance for US customers but are available on Kraken.
For some of the most popular proof-of-stake currencies, such as DOT, ATOM, and XTZ, Kraken provides simple staking options.
Users of Kraken have access to a unique platform called Cryptowatch, which allows them to trade on various exchanges simultaneously.
Binance vs. Kraken: Range of Currencies
Around 7000 distinct cryptocurrencies are presently accessible for consumers to investigate, analyze, and exchange.
Even crypto beginners nowadays want to start building varied portfolios right now. However, you’ll need to be able to buy a variety of cryptocurrencies to do so.
Both Binance and Kraken provide USD/crypto trading pairings, allowing various cryptocurrencies to be exchanged for dollars directly on the exchange.
For international customers, Binance supports over 500 currencies and various stablecoins such as DAI, Tether, and Binance USD (BUSD). It also takes 19 fiat currencies, including the USD, AUD, Hong Kong dollar, Euro, GBP, and Indian rupee.
Residents of the United States, on the other hand, are restricted to 47 cryptocurrencies and only USD fiat money.
There are 69 currencies available on Kraken, including three stablecoins: USD Coin (USDC), DAI (DAI), and Tether (USDT) (USDT). It accepts seven fiat currencies:
The US dollar
The Canadian dollar
The Australian dollar
The British pound
The Swiss franc
The Japanese yen
The number of coins available to US investors is restricted to 52.
Binance vs. Kraken: Affordable Fee
Binance and Kraken utilize a maker-taker pricing structure, which allows them to charge substantially cheaper costs than other prominent platforms like Coinbase.
At first appearance, Kraken costs seem to be lower than Binance’s, with maker-taker fees ranging from 0% to 0.26 percent vs. 0% to 0.10 percent on Binance.
Binance’s trading fees are as low as 0.1 percent. Withdrawals are 3.5 percent of the balance, with a $10 minimum.
As is the case with most exchanges, cryptocurrency withdrawals vary by currency.
Binance is the obvious winner when it comes to reduced fees.
Binance Coin (BNB) clients may save funds on trading fees by using Binance’s exchange token.
All customers have to do is keep BNB in their accounts, and fees will be automatically deducted infractions of the currency.
Customers get a 25% discount when paying fees using BNB.
Kraken charges a fee of up to 0.26 percent on each transaction.
A user’s activities determine the actual amount over the previous 30 days.
The smaller a trader’s fees are, the more money they trade.
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So you just signed up for Webull and downloaded the App on your Mobile Device.
You are eager to start making trading on Webull.
But before you do so, you need to learn how to use Webull App for beginner traders or investors.
This step by step tutorial will guide you through all the initial steps so that you can graduate from a rookie Webull beginner to a confident trader who is about to take their account balance to the NExt Level.
Webull App For Beginners | Setting It Up
Before one can walk ( on the moon – smile if you got the reference) , one must learn how to crawl.
In our context, this equates to going through the baby steps of the Webull App.
One such initial endeavor is to choose the market(s) you want to trade on the Webull mobile App.
How To Choose Markets To Trade on Webull App
Webull App currently offers trading in several markets across the globe.
If yours is not available, it is just a matter of time before you are able to enjoy trading on this App.
The United States, Canada, Singapore, Finland, Hong Kong are the main markets you can choose from as shown below.
The Menu to setup your markets look as shown below.
From there, you can click on the icon on the far right with the horizontal line to unveil further market you can select as displayed below.
Market Analysis Using ETFs
A good place to start to get a feel about your overall market is through the ETFs offered in that market.
What Are ETFs ?
ETFS are Exchange Traded Fund that track basket of stocks in a given market.
For instance, in the US markets two very popular such ETFs are SPY (entire 11 sectors of the markets) and QQQ (technology company).
They are heavily traded by most investors and short term traders alike.
In the eyes of many cryptocurrency investors, Coinbase represents the first step into the crypto-verse, which is a much wider realm. Coinbase provides an excellent user experience, particularly for newcomers to the platform.
However, fees on Coinbase might become prohibitively expensive, prompting many investors to seek the top 5 Coinbase alternatives in 2022.
Are you considering making the transition away from Coinbase? Here is a list of the best Coinbase alternatives available right now.
Webull #1 Alternative to Coinbase
Founded in 2017, Webull is one of the more recent internet brokers, having launched with only a mobile application in May 2018.
This mobile-first launch was symbolic of Webull’s most significant target market: millennials.
With no account minimums, commission-free trading of stocks/ETFs and their options, as well as several cryptocurrencies.
Webull is positioned itself to serve newer and more active traders.
Moreover, those attracted to a platform that offers a wide variety of services for free.
Who Is Webull For?
Webull is designed for investors who wish to enter the financial markets with no minimum account sizes and no commissions.
Given the fact that Webull is not a full-service broker, its customers must take a more hands-on approach to some areas of portfolio management.
Webull consumers have skewed younger than at other brokerage companies.
The broker’s no-cost strategy will also appeal to aggressive traders. Webull’s free options trading will particularly appeal to active options traders.
As other brokers, including ones that have adopted free stock and ETF transactions, such as Schwab, continue to charge commissions on each leg of options trades.
#2 Alternative to Coinbase: Binance
What Can Binance Do For You?
Trades wishing to avoid the sometimes-outrageous expenses associated with other brokers or exchanges may want to take a hard look at Binance US, which has among of the lowest fees in the cryptocurrency business.
An extensive spectrum of cryptocurrency traders should find the exchange useful. Particularly those who wish to go further into the industry beyond simply the top few brands.
While the costs are nominal, you might have to pay for them by receiving little or no customer service.
Remember, this exchange is established in the United States, not its parent company, which is based in Hong Kong and operates outside of the nation.
Overall, Binance – the name we’ll use to refer to the company’s U.S. operation – is a compelling method to get started with cryptocurrency trading and investing.
Offerings on Binance Exchange
Although Binance may not have the widest range of cryptocurrencies, it does provide far more than the more general financial applications such as Robinhood and Webull, which have been making inroads into the cryptocurrency market.
With a total of 59 cryptocurrencies accessible on its site, you’ll be able to locate the most well-known brands in the industry.
It includes Bitcoin, Ethereum, Binance Coin, Solana, and many others.
Along with that, you’ll discover dozens of different cryptocurrencies, including several that you’re unlikely to be familiar with.
Who Is Binance For?
To attract as many users as possible, Binance has created a user interface that is simple and straightforward.
The exchange is easy to use for beginners, but it also has enough currencies and features to satisfy the needs of experienced traders as well as beginners.
Binance is a cryptocurrency exchange that I would suggest to crypto traders of practically any degree of experience.
The only people that may have difficulty navigating Binance are those who are new to the platform.
These users are unlikely to have any cryptocurrencies and are unlikely to be familiar with the fundamentals of cryptocurrency trading.
Is Robinhood a Good Alternative to Coinbase ?
In its early phases, Robinhood distinguished itself as a game-changing disruptor in the stock brokerage market.
Its most significant competitive advantage was the fact that it did not charge commissions on stock, option, and cryptocurrency trading.
As a result of the elimination of fees by the majority of the brokerage sector, that advantage has been offset.
Due to a simple design and user experience that emphasizes the fundamentals, Robinhood has created a strong brand and niche market among young, tech-savvy investors despite rising competition on pricing.
In an effort to attract new consumers and improve the financial connection with existing customers, the broker recently introduced cash management services and a recurring investment option.
Despite the fact that Robinhood’s user base has risen at an exponential rate in recent years, the company’s success has resulted in increased scrutiny of the organization.
It has also been under fire in recent months for unexpected outages and purposeful trade limitations.
All of this occurred during periods of high volatility on the market.
Who Is Robinhood For?
With more than 13 million members, the average age of whom is 31 years old.
It is apparent that Robinhood is emerging itself to be the go-to platform for younger investors looking to invest in the stock market.
Even if it means investing in modest amounts through fractional shares.
Because of Robinhood’s inherent simplicity, both the app and the website are clear and simple to use.
If you’re thinking about trying your hand at cryptocurrency investment, Robinhood can assist you.
You will be able to trade Bitcoin, Ethereum, and other cryptocurrencies on their platform. Robinhood has also extended its options trading platform, making the broker a potentially attractive alternative for options traders.
But there are some worries regarding the quality of trade executions.
#4 Alternative to Coinbase | KuCoin
A well-known name in the cryptocurrency sector, KuCoin has succeeded in establishing itself as a leading one-stop-shop for all types of crypto-related transactions and transactions.
In August 2017, the exchange launched with over 200 cryptocurrencies and more than 400 markets.
It has since developed into one of the most vibrant cryptocurrency centers on the internet.
The platform provides bank-level security, a slick interface, a user-friendly user interface, and a wide range of crypto services.
It includes margin and futures trading, a built-in P2P exchange, the ability to buy crypto with a credit or debit card, instant-exchange services, the ability to earn crypto by lending or staking via its Pool-X, the opportunity to participate in new initial exchange offerings (IEOs) via KuCoin Spotlight, and some of the lowest fees.
Who Is KuCoin For?
A vast range of coins, including lesser-known cryptocurrencies, as well as significant profit-sharing incentives – up to 90 percent of trading fees are returned to the KuCoin community through the use of KuCoin Shares (KCS) tokens, make KuCoin a popular choice among investors.
After experimenting with KuCoin for the first time, I was pleasantly surprised to see that the site is really user-friendly. In my opinion, everything from placing a deposit to concluding a deal is rather straightforward.
Aside from casual traders, the KuCoin exchange is a fantastic choice for more professional traders. Since it offers a variety of tools for analyzing pricing trends, such as candlestick bars.
The typical trade volume at KuCoin, on the other hand, is in the tens of millions. It is significantly lower than that of larger exchanges like Binance.
Crypto.com | Another Alternative to Coinbase
The cryptocurrency platform Crypto.com may be suitable for you if you’re seeking an economical, all-in-one cryptocurrency platform.
The more the amount of Crypto.com coin (CRO) you are able to stake, the greater the number of rewards you will receive from this exchange.
The crypto exchange is a strong low-fee option even without the CRO incentives. Moreover, it has over 60 cryptocurrencies available in most of the United States. Especially if you wish to utilize a crypto debit card.
Who Is Crypto.com For?
The exchange is one of the most cost-effective fiat-to-crypto gateways available. Using the exchange to trade cryptocurrencies will incur a tiny maker/taker charge, which you will pay out of your profits.
A decentralized cryptocurrency exchange, on the other hand, is provided by the DeFi wallet, which allows you to trade cryptocurrencies with other users.
It’s possible that the trading interface on Crypto.com will be overwhelming to those who are new to cryptocurrencies.
When you try to be everything, it’s normal to become overwhelmed by the amount of information on your website. There’s a lot to take in and a lot of jargon to learn, especially if you’re just starting in industry.
Even with the relaunch of the website in 2021, there will be a great deal to do. Any website that contains a large number of items and services is likely to be tough to browse through.
Below is the comparison of the top 5 best crypto market alternatives of Coinbase in 2022. The comparison is based on two major factors, the fee per trade and account minimum.