Stash gives you the necessary tools to manage finances, budget, and financially plan what the next steps are going to be. It provides tools to grow wealth whilst making investing, accessible to learn.

Stash really knows how to:

Manage money effortlessly

The app was created to make personal finances a learnable experience, giving you all the features you need to buy stocks for the first time, get rewards when spending money, and start saving for your future.

Investing money can sound overwhelming, but do not stress cause Stash teaches you
Download it for free and try it right now

How to invest, by starting small

Stash enables you to learn how to invest your money, starting with as little as $5, so as not to lose significant amounts of money due to rookie mistakes. It can usually feel overwhelming with the many investment options out there, but Stash narrows down the field of investment choices based on your risk level, so you can invest in comfort while continuing to learn with time and experience.

The rules of investing can be hard to follow, fortunately, Stash analyzes your portfolio and makes investment recommendations for you, ensuring you have the proper guidance throughout the process. 

For example, if buying a whole stock sounds like too much for you, you can choose to buy a percentage of it and get a fractioned stock, which will still help you gain money. 

This is just one of Stash’s features, making the investing experience enjoyable and headache-free.

Your investing and budgeting buddy will teach and empower you to take control of your financial decisions and future, and never leave you clueless.

As soon as you download the app and select your monthly plan, you’ll see how many options are available in individual stocks, funds, ETF’s, and learn investing terms along the way.

Signing up is easy and every plan offered enables you to learn at your own pace. As soon as you catch on to the basic principles and enjoy investing, you’ll want to move to the following membership and choose Stash +. 

The premium plan will provide you with even more features to learn and invest in by giving you the chance to buy more significant stocks and eventually earn higher returns that can go directly into the savings account provided by Stash.

If learning how to invest at your own pace and being guided still leaves you uncertain, keep in mind that Stash gives you:

Easy banking and fast results

Within the banking1 section of Stash, you can set your own savings goals and automate savings to fund those goals. Users can track spending too, which helps you understand your expenses better and guide you when planning your monthly budget.

Forget how you think about online banking and its benefits: cashback is old school. Stash gives you the option to use their Stock-Back® Card2 for affiliated brands’ purchases, so instead of getting cash back, you will get stock rewards in exchange3. Does it get any better than that?! You are investing while you spend on your favorite brands.

Another major benefit of using Stash is the security behind the app; when you are handling money, you want a safe and secure product and this app gives you exactly that by using the latest security measures to protect your money, including 256-bit encryption, biometric authentication, and other cutting-edge technologies.

Why Stash

So to sum things up If you want to learn to cook ramen, ask me, I’m the expert, but If you are looking for an app that will make your financial life easier, Stash is hands down the best option for you.

Here are some of the pros and cons that I experienced, laid out for your convenience:

Pros:

• Automatic savings and investing tools
• Earn stock back through Stock-Back® Card purchases
• Low minimum investment requirement
• Educational content included with the app
• Substantial investing and business educational content
• Automatic rebalancing on managed portfolios
• Round-ups on assets and adding micro-investments

Cons:

• Automated IRA management in development.
• Wealth management services are currently unavailable.
  
  

_{Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser. Investing involves risk and investments may lose value. Holdings and performance are hypothetical.}

_{Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.}

_{1 Bank Account Services provided by Green Dot Bank, Member FDIC.}

_{2 All rewards earned through use of the Stash Visa Debit card (Stock-Back® Card) will be fulfilled by Stash Investments LLC. Rewards will go to your Stash personal investment account, which is not FDIC insured. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. Stash Stock-Back® Rewards is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates.}

_{3 What doesn’t count: Cash withdrawals, money orders, prepaid cards, and P2P payment. If stock of the merchant is not available for a qualifying purchase, the security will be in shares of a predetermined ETF or from a list of predetermined publicly-traded companies available on the Stash Platform. See full terms and conditions.}

Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs.

While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of publication, both bitcoin futures and options open interest has been rising significantly.

For instance, researchers at skew.com recently tweeted that “bitcoin futures open interest [is] quickly bouncing back to a new all-time high.” Skew also added that CME Group was now the largest open interest “by some margin.” Data from exchanges dealing with bitcoin futures shows that open interest continues to climb.

Okex holds the reins as far as bitcoin futures open interest today, followed by the platforms CME and Binance. These three leading bitcoin derivatives markets are followed by Huobi, Bybit, FTX, Bitmex, Deribit, Bitfinex, Kraken, and Coinflex respectively.

In addition to bitcoin futures nearing all-time highs in terms of open interest, ethereum futures and options have seen increased demand as well as the crypto asset’s spot markets near all-time price highs as well. Skew analytics indicates total ETH options interest is around $1.7 billion with Deribit commanding $1.5 billion. Deribit’s ETH options open interest is followed by Okex ($153M), Bitc.com ($41M), and Huobi ($9.7M).

Alongside the desire for crypto futures, bitcoin options have increased substantially during the first month of 2021. The estimated notional value of all open bitcoin options positions is $9.6 billion with an expiry set for January 29, 2021.

The crypto exchange Deribit commands the lion’s share of BTC options with 84.37% ($8.1B) of open interest. Deribit is followed by derivatives platforms such as Okex ($511M), Bit.com ($470M), CME ($398M), Ledgerx ($176M), and Huobi ($9.4M).

The aggregate of open interest on bitcoin options has swelled progressively over the last six months. Data from Bybit’s 24-hour long/short ratio shows shorts are up 50.64% while longs are 49.36%.

BTC longs and shorts stemming from Bitfinex according to Tradingview data shows longs are increasing while BTC/USD shorts have remained low.

The increased demand for bitcoin-based derivatives, follows BTC’s lifetime all-time price high of $42,000 recorded only 12 days ago. At the time of publication, BTC/USD spot market prices are still down 11.8% since touching the $42k handle.

Meanwhile, with the 258,818 BTC in options open interest, 99,753 BTC or $3.7 billion is set to expire in ten days.

What do you think about the recent increase in open interest for bitcoin derivatives like futures and options? Let us know what you think about this subject in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Skew.com, Twitter,

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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