How to Start Estcon Trading: A Beginner’s Guide
Estcon trading represents a groundbreaking way to engage in real estate investment through digital assets known as Estate Contracts (ESTCON).
Unlike traditional land investments, ESTCON offers the advantage of no depreciation in value, making it a potentially lucrative venture.
If you’re new to this concept, this guide will walk you through the steps to get started with Estcon trading on Penvestor.com, the primary platform for these transactions.
What is ESTCON Trading?
ESTCON trading involves buying and selling digital Estate Contracts (ESTCON) to earn profits. Similar to how land appreciates over time, ESTCONs also increase in value. As an ESTCON trader, you purchase ESTCON at a low price, store it in a digital wallet, and sell it at a higher price to earn a profit.
The default currency for trading ESTCON is PTGN, a decentralized stable digital currency designed to maintain a fixed exchange rate system in Africa and beyond.
Step-by-Step Guide to Start ESTCON Trading
- Find an ESTCON Broker:
– An ESTCON broker serves as an intermediary between you and the trading platform. They educate you on ESTCON trading before you onboard.
- Get Agency Identification (Agency ID):
– The ESTCON Broker provides you with an Agency ID necessary for account creation.
- Create an ESTCON Trading Account:
– Go to Penvestor Registration Page and fill in your details, including the Agency ID and a six-digit secret code.
- Fund Your Trading Account:
– Deposit your local currency (such as Naira, Cedis, Rand, Shilling, etc.) into your trading account or buy PTGN from PATGEN Exchangers.
- Verify Your Trading Account:
– Upload a valid ID (National ID card, Driver’s License, Voter’s Card, or International Passport) and a personal photo. Account verification takes 24 to 48 hours.
- Create a PATGEN Wallet:
– PATGEN Wallet is used for transactions in PTGN. Create your wallet at Patgen Wallet to receive a Wallet Port Number (WPN) and set a four-digit transaction PIN.
- Save Personal Access Details:
– Record and securely save your WPN, six-digit secret code, and PATGEN Wallet PIN to prevent losing access to your accounts.
- Buy ESTCON:
– Ensure you have PTGN in your cash balance to buy ESTCON from the market section on Penvestor or directly from brokers and other traders.
- Store ESTCON:
– Your purchased ESTCON is held in the Contracts section of the Penvestor platform. Hold onto your ESTCON until you decide to sell it for a profit.
- Sell ESTCON:
– You can sell your ESTCON on the market or directly to other traders and brokers at a rate you set.
- Join or Build a Community:
– Engage with an ESTCON community managed by brokers or create your own to facilitate trading activities.
- Get a Trading Strategy:
– Develop a strategy to maximize your profits by familiarizing yourself with Estconomics, the study of trading ESTCON.
In Summary,
Starting ESTCON trading is a straightforward process that combines the stability of real estate with the flexibility and potential of digital assets.
By following this beginner’s guide, you can navigate the world of ESTCON trading with confidence and begin your journey towards making substantial profits.
Whether you’re an experienced trader or a novice investor, ESTCON trading on Penvestor.com offers a unique opportunity to capitalise on the appreciating value of digital real estate assets.
For further insights and updates, stay connected with ESTCON communities and keep refining your trading strategies. Happy trading!