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To Send Money Back Home To India, Many Indian Outlander Use Cryptocurrency.

 


Latest economy news of today”s is about Abir Roy chaudhary :

Abir Roy Chaudhary, a 39-year-old engineer in Qatar, uses typical cross-border, cross-currency players to send roughly 2 lakh to his family in Mumbai every month. Roy chaudhary acquired cryptocurrency worth half that amount - 1 lakh - for the first time in October, and his wife, who has access to his wallet, may utilise the money as needed.

Many Indian, Pakistani, Bangladeshi, and Filipino expats, including Roy chaudhary, are experimenting with cryptocurrencies to send money home to their family and avoid paying commissions to wire transfer providers and other middlemen.

According to industry observers, the unexpected increase in crypto investments, even in tiny towns across India, has led to people investigating alternative uses. According to Edul Patel, CEO of Mudrex, a Global Crypto Investing Platform, the process of sending money to India using cryptocurrency is far more efficient and faster than the traditional method, and all transactions are accessible on the blockchain network from a regulatory standpoint. In India, about 1.5 million crypto investors own digital assets worth Rs 15,000 crore. In the last few months, all of the major cryptocurrency exchanges have seen at least a 100 percent rise in trade and investment.

 

Experts note that while Bitcoin was formerly the preferred currency for remittances, its transaction costs are rising, and alternative currencies like Ripple and Dash are ideal substitutes because of their significantly reduced fees.

 

HOW TO IMPROVE YOUR LOOKS .

  • Purchase new clothing in your true size.

  •   If you need to lose weight, do so, but focus on looking healthy rather than small. 

  •  Get your hair done on a regular basis — not only because your roots are showing, but also because you deserve to look your best.

  •   Allow your skin to breathe by spending more time outside. 

  •  Increase your intake of fresh fruits and veggies to help you glow.

  •  Regular exercise will help you get in shape and boost your metabolism because your body craves movement. 

  •  Apply sunscreen every day since SPF protects and delays the ageing of your skin.

  •   Change your hair colour if you think it would better suit your personality (rather than because it's fashionable). 

  •  Invest in high-quality skincare products because they will last you a long time.

  •  Use natural therapies, as nature has the ability to heal your hair, skin, and body.

  • Get enough sleep because it's the greatest time for your entire body, including your skin, muscles, and hair, to repair itself.

  •  Invest in a well-fitting bra because your breasts will look better if they're at ease.

  • Not only does walking and standing straight look beautiful, but it also protects your spine.


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