WHY UMA CHIT FUND IS THE BEST PLATFORM FOR INVESTING

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The popularity of the crypto market has exploded in recent times. It has had major men like Elon musk invest in it and has experienced some positive prices in the market.

Its guaranteed security has made major investors and cooperation consider it and are gradually incorporating it in their transactions.

Saving some coins for later when such coin value rises is usually advised. One platform that allow users save is the Uma Chit Fund. Uma Chit Fund makes agreement with users and allow them invest in a specific amount of cash at a specific time. Its platform allows members buy its tokens and auction them to various members that may be in need of the coin.

THE WAY THE UMA CHIT FUND WORKS

Uma Chit Fund platform has an efficient workable system that allows members enjoy several benefits. There are different prizes and benefits that comes with participating in each round.
Participants in the Uma Chit Fund round should ensure they have the whole chit fund (total amount equivalent to the whole chit round duration) in the native UCF coin stored as collateral and sign an agreement with the UCF platform for auto-debiting so that the EMI will be paid on schedule at the start of each chit cycle.

If the entire chit amount (total amount equivalent of the whole chit round duration) is not maintained as collateral on the platform in the form of UCF coins, then participants can sign an auto-debiting contract that will be active until the end of the year. This is usually on a monthly basis.

The Uma Chit fund platform allows users various opportunities and for each round every player can be a winner.

WHY YOU SHOULD SAVE WITH UMA CHIT FUND
The Uma Chit Fund has an edge over the normal fixed deposit and recurring deposit. This platform allows users save for a particular amount of period and when the need arises, members can make withdrawn, rather than wait for a specific period of time.

Taking different source of income for example, you would see why Uma chit fund is a better option. Fixed deposit is usually government-regulated and is usually acknowledged for a pre-decided date. The interest from fixed deposit is usually taken periodically or can be taken at the end of the term.

The Uma Chit Fund platform is usually not government-regulated and it secures its transaction using blockchain. Also, with the Uma Chit Fund platform, users can withdraw their coin when they need it and not an a fixed date.

Recurring deposit are simply set aside to help people that do not have reserve funds and cannot utilise their fixed deposit plan. The same cash can be set-aside and invested into chit fund and the investor can procure more interest than bank rates and can also get the money when he needs it.

CONCLUSION
In addition to its advantages over other source of income, Uma chit fund platform offers user-friendly interface that allows members have easy access. This feature also set it apart from other trading platforms.

USEFUL LINKS
Website: https://umachit.fund
Telegram: https://t.me/umachitfund
Twitter: https://www.twitter.com/umachitfund
Instagram: https://www.instagram.com/umachitfund
Facebook: https://www.facebook.com/umachitfund
Reddit: https://www.reddit.com/user/UmaChitFund
Steemit: https://steemit.com/@umachitfund

AUTHORS DETAILS
Bitcointalk Username- Heroalt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768763;sa=summary

Matic Wallet address: 0x5B4966e5Cf0a2fdfD3009C31A8152dED58b875aF