I worked in a bank for around 3.5 years before resigning for a variety of reasons. I previously wrote about why I left my banking position to pursue a new career in business. I won't go into detail about this debate because you can find it in my feed.

After a while, I went to the MCB bank branch, which was the first job I had. I went there to learn about various account options because my relative is interested in opening an account with MCB. He was unsure about which bank to create an account with, so I encouraged him to open an account with MCB, which is an old bank with many useful offers for consumers.

I looked up the newest account product, Young account, which is obvious from the name that it is meant for young people. There are only a few steps and rules to follow while opening an account. That means, only those between the ages of 18 and 30 can open this account.

The advantage of this account is that there are no starting costs and no yearly fees for credit, debit, or cheque books. That is, all services provided by this product are free, and all you have to do is meet the requirements, open an account, and start trading. The advantage of this account is that you only need to show your CNIC card, which is your national identity card.

In contrast to other accounts such as source of income or any business pad, there is no such requirement for opening this account. That is why I believe this is the ideal account for my cousin to open with this account. This is advantageous for young people who are not salaried or do not have a reliable source of money to cover bank fees.

That is, you create an account with no money and are eligible for it until the age of 30. And after you reach the age of 30, this account will be automatically cancelled. I believe this is the ideal thing to help youngsters because this is the age when they are struggling for money and need a good wage.

My cousin is interested in working in the #hive ecosystem, which I covered previously. I briefed him about the regulations and other benefits, and he expressed his interest in working in the ecosystem. However, before he can begin working on the platform, he must first open two accounts: #Binance and #Bank.

The purpose of opening these two accounts is to transact money for the purpose of purchasing and selling #hive coin. You cannot purchase or sell any cryptocurrency unless you have a bank account and a Binance account. That's why I advised him to first register a bank account and then a Binance account. He will be able to transfer fiat money using his bank account, and hive coin to the hive.blog using his Binance account.

These are the essential tools for working in the #hive ecosystem. That is why I requested that he initially open accounts. He requested a bank account, which has been opened, but the only thing he is waiting for is the internet banking system so that he can deal with money transfers.

I believe he will have access to mobile banking within two working days and will shortly purchase some liquid hive so that he can begin operating in the ecosystem. I encouraged him to invest some money before beginning work to ensure a solid start. I wish him the best of luck in his new work and will initially assist him to motivate him.

This is an attempt on my side to inform you about new user onboarding in the hive ecosystem. I wish I could join new friends from my neighbourhood to help grow the number of hive users. I hope you find this content to be instructive and enjoyable. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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IMAGES AND GIF TAKEN FROM CANVA, GOOGLE AND EDITED IN CANVA

REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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