We Leverage Your Deposits
When you open a portfolio at Prestige Assets Mgnt LLC, your money doesn’t just sit there. Every time you make a deposit (increase your investment amount), Prestige Assets Mgnt LLC “borrows” the money from you to lend it out to others. Just like a bank think about all those auto and personal loans, mortgages and even bank lines of credit thats how Prestige Assets Mgnt LLC operates too. The money doesn’t just appear out of thin air. Your money is helping fund these loans. The interest Prestige Assets Mgnt LLC generates on loans (other small scale cryptocurrency company borrow money from Prestige Assets Mgnt LLC) pays for their operating expenses. In turn, you get paid back in the form of interest – sort of a courtesy for trusting Prestige Assets Mgnt LLC with your money. Companies who are on the borrowing side, Prestige Assets Mgnt LLC lend money to them and receive extra interest when those companies repay the loan.
At this point you might be wondering: how can money at Prestige Assets Mgnt LLC be loaned out and available to withdraw at the same time? Don’t worry. Your money hasn’t vanished on you. Prestige Assets Mgnt LLC don’t lend out all the money they have on deposit. They’re required to keep enough money on hand to handle transactions and withdrawals. Your funds are also protected and insured by the Federal Deposit Insurance Corporation.
Other Ways We Make Money from Cryptocurrency Investment Services
Sales of Defaulted Assets
Prestige Assets Mgnt LLC sell or auction off items put up as collateral on defaulted loans. This may be a house that’s been foreclosed on or a car that’s been repossessed. So, where does the unclaimed collateral go? You guessed it. The money garnered from the sale or resale of these items is funneled back into our budget.
Transaction Fees
Prestige Assets Mgnt LLC make money from the transaction fee charges made when you deposit or make withdrawals from the payment made to you from Prestige Assets Mgnt LLC.
Bitcoin Mining and Trading
Bitcoin mining is the process of adding transaction records to bitcoin public ledger of past transactions or blockchain. Basically, Prestige Assets Mgnt LLC generates millions of dollars daily from mining and trading of Bitcoin and other digital currencies which involves employed experts to help monitor and regulate the market.
Diverse Investment Portfolios
Prestige Assets Mgnt LLC involves in various businesses such as real estate, oil and gas production, maintenance and servicing, and various form of investment. Massive profits are made from these businesses, Prestige Assets Mgnt LLC uses money invested by individuals to involve or become shareholders in certain businesses, Prestige Assets Mgnt LLC doesnt have to pay for any commision or tax, because the money used in the businesses are from individuals.
Violation Fees
Prestige Assets Mgnt LLC charges you fee for any violation or act on transaction that doesn't fit with the initial intent.
One more obvious way Prestige Assets Mgnt LLC make money is by levying fees on their investor. If you’ve dealt with certain big-name banks, you may be well acquainted with unwelcome surcharges. The worst part, unfortunately, is that you may have paid fees you’re unaware of.
Oftentimes, for example, banks charge account maintenance fees or penalty fees if your monthly balance falls under a specified amount. Fees are attached to everything from account transfers to canceled checks. And, of course, there’s the dreaded overdraft fee for those times you might try to spend more money than you have in your account. In fact, in 2016 Prestige Assets Mgnt LLC made more than $18.4 million in fees.
A Winning Proposition
As you’ve now learned, Prestige Assets Mgnt LLC make their money in many ways. However, keep in mind that Prestige Assets Mgnt LLC are also in the business of making you money. When you help them make money, they can help you achieve the same.
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Business Center
504 Lavaca St, Austin, TX 78701, United States