How to earn money from Upstox application?
.png)
Welcome to all of you in this post which will give you information about how to earn money from the Upstox application.
If you already have money and you want to invest in the stock market then you can use upstox as a medium for your investment.
And if you want to start an intraday trading for generating full time income or consider it as a side income or side hustle then also you can use the Upstox application.
Now let's understand step by step about how to make money online from the Upstox application.
What is Upstox?
Upstox is the one of the best stock market trading platform for trading in Indian stock market.
And it is also a leading and fastest growing discount brokers in India.
Upstox is good for both traders and investors who wants to make money from the Indian stock market.
Upstox is one platform which gives many options to invest your money like in Stocks, Mutual Funds, IPO, ETFs, Digital Gold and more.
Upstox is available as application in smartphone and also a website based platform which you can use in your laptop or desktop.
What is the requirements to open account with Upstox?
You need the following details to pen your trading and demat account with upstox,
Pan card number
Bank account details
Aadhar card
Mobile number which is linked with your Aadhar card
How to open upstox account online?
You need only smartphone with internet connection to open the account with upstox.
Follow the step by step process given below to easily open your upstox account:-
1-Open the browser on your smartphone.
2-Visit the official website of upstox -----
3-Sign up by entering your mobile number and email address
4-After, Enter your PAN number and date of birth.
5-You need to enter personal information and bank details.
6-After, Enter your signature on the screen of your smartphone.
7-Enter your Aadhar card number and you will receive an OPT on your registered mobile number which is linked with Aadhar card.
8-Enter the OTP which you will receive in your linked mobile number.
9-Now, Click on 'ALLOW' tab.
10-At this step, you need to allow to capture your love photo.
11-After, Enter the OTP which you received in your registered email address.
12-Click on the "eSign with Aadhar OTP" tab.
13-Enter the received OTP.
14-After click on "Sign Now" tab.
15-You will get an another OTP.
16-Enter the OTP.
17-After click on the 'Submit' button.
18-After completing all the steps given above the Upstox team will activate your account and send your login ID and password to your registered mobile number or email address.
Ways to make money from Upstox:-
There are three ways to make money from Upstox as follows.
Trading (Intraday or Swing trading).
Investing (Long term).
Referral or Affiliate marketing.
1-Trading:-
If you want to make money in the short term from the stock market then you can choose this method.
There are two types of trading in the stock market.
Intraday trading
Swing trading
Intraday trading:-
In Intraday trading you need to buy and sell stocks of the particular company within one day's limit.
If you buy stocks in the morning then you must sell these stocks before the closing of the stock market on that particular day.
If you have some experience regarding this trading then you can choose this type of trading as a full-time income or as a side hustle.
Now let's talk about the second type of trading.
Swing Trading:-
In Swing trading you can hold your stocks in the account until you don't get profit from those stocks.
If you buy stocks of a particular company then suppose the price is increased in two days, one week or one month then you can sell those stocks and book your profit as per your target.
This is completely different from Intraday trading.
If you do a full time job and want to earn side income or want to create a side income stream then you can choose Swing trading to make some extra money.
2-Investing:-
If you invest your money in the stock market for a longer period of years, then this comes under this category called investing.
In investing you can not make money on a daily basis instead you need to wait to make money from the investment.
If you want to make money by investing, you need to select the stocks of those companies which you feel will grow in the coming times, like one year or more than one year.
After investing money for a long term you can keep your eye on those stocks after one year or more and if you feel that your target is achieved in one year or more than one year you can sell those stocks and enjoy that return on investment.
And if you want to make more profit then you can hold those stocks for more than one year.
3-Referral or affiliate marketing:-
If you do not want to invest your money and make money from Upstox then this option is for you.
Upstox has an amazing refer and earn system in which you only promote the Upstox platform to your friends or family and if they open an account through your referral link then you will get money.
After completing all steps successfully your amount of referral will be credited in your upstox account in the refer and earn option.
And you can withdraw that amount in your bank account.
If you have a youtube channel or blog or good social media following then you can make a good amount of money from this option.
I hope you like this step by step guide on how to make money online from Upstox.
Thank you
.png&description=How to earn money from Upstox application?){kind=link}
0 Comments