It is well known that one of the safest, most lucrative investments you can make on the Internet today is the business of Market-Making [online currency exchange requests]. There are several online currencies available for both business and personal use on the Internet, and each competes with the others on the basis of various options. All online currencies are easily convertible from, and to, most National currencies. Online currencies are simply the optimal form of worldwide, instantaneous payments over the Internet. Examples of online currencies are: E-Gold, IntGold, E-Bullion, NetPay and Pecunix.
Millions of individuals, the world over, hold at least some funds in one or more online currencies. Since different businesses accept different online currencies for the products or services that they provide, individuals find themselves trading across these online currencies: for example, from E-Gold to IntGold, or Pecunix to E-Bullion, etc. There is literally teeming millions of online currency exchanges requested and fulfilled monthly, and every exchange is made through a Market-Maker, who usually charges a fee of between 5% and 20% for rapid trades, conversion to hard currency, or other conversions.
Online currencies are the equivalent of an ATM machine being placed into every household, worldwide. Online currencies are virtually free to own and operate, and they can be used to create excellent income. Market-Makers act like the actual payment services for ATM machines: like Cirrus, or Star Network, or MasterCard, or even Visa. Thus, online currency transactions have the power to be far more common than ATM withdrawals, and the demand for online currencies is rising constantly forcing the recent huge increases in the value of gold in general.
Market-Makers have one vital job: to accumulate as much of each commonly traded online currency as they possibly can, in order to lower their fees below their competitors and work on 'volume' trades for a living. For the average Market-Maker this requires intense marketing of their service. Clearly, there are two options open to the Market-Maker who wishes to compete at higher trade volumes. The first option might be that the Market-Maker can operate as part of a network of Market-Makers, such as the massive DXInOne network. That network will distribute exchanges fairly based on the participation and funding of each Market-Maker. The other option might be that the Market-Maker may already have access to sharply increasing 'demand' for exchanges, and merely be interested in offering a share of profits to individuals who provide additional online currency to that Market-Maker, allowing for more and larger exchanges in shorter periods of time.
Typical Online Currency trade
You are surfing the net and you stumble across a service or product that you would like to buy. The payment choice which is required for this product is NetPay. Let's say you have a NetPay account, but you don't have any money in it. However you have plenty of Pecunix in your Pecunix account. Therefore you look through the directories of Market-Makers for both NetPay and Pecunix, and you choose to fund one that works for your needs. You discover that an overnight exchange, less than 24 hours, would cost you about 10%. Since this works for your needs, you make the transaction: you will send that Market-Maker your $100 in Pecunix and in exchange you receive $90 in NetPay. You are now immediately available to go and buy that product or service. Notice that the Market-Maker has just made $10, minus whatever they may have had to pay in receive fees for the Pecunix they received, which depending on the trade, may have come to $3. So they have made probably a net of about $7 for this $100 trade, or 7%.
Cashing out profits
You decide to withdraw $500 in profits you've earned from processing online currency exchange requests. You have the money sent for example, to your IntGold account, and then you use your IntGold debit card, which may charge you a small transfer fee of 2%, to withdraw the money. Or for example, you could have the money sent to your E-Bullion account, and then have it transferred directly to your bank account overnight for a 4% fee. These small fees don't bother you at all, because they keep the systems operating so that you have quick and flexible options for receiving your money.
Buying Online Currency
You choose to buy e-gold from your bank account, but first you would have to have an E-Gold account, so you would go to e-gold and open one, which just takes a few minutes. Then you would go on a hunt and perhaps you would use the services of LondonGoldExchange, where you find that you can buy E-Gold from your bank account for a very small fee. Following the instructions, you can have your E-Gold within just a couple of days, and you can begin to make money with it immediately.
By now, you should have a basic idea about online currencies and Market-Makers in general. Clearly, Market-Makers are in an excellent position: they virtually make money 'out of thin air,' by simply having money in different 'buying-power' forms available for trades. The interesting thing to be understood is that the demand for online currency exchanges is rising faster than the ability of current Market-Makers to keep up with the processing of those exchangers within a relatively efficient period of time. In other words, DXInOne needs more people to help them process these exchange requests efficiently so that they can remain competitive with other networks. Some Market-Makers work in small networks, say 20 or 25 people, who are pooling funds. Some, like the DXInOne system, is far larger yet. The DXInOne system makes it possible for anyone to add any amount of funds, at any time, to the entire Market-Making network provided by the system. There can be as many as 60,000 or more exchange requests in the main network, at any one time, for one online currency alone; huge numbers of Market-Makers in the DXInOne system are already working around the clock, worldwide, and never able to process all of the exchanges that they see!
They are often given more than $25,000 in requests, each, to get to daily, and simply don't have enough funds at the ready to run them all swiftly, even though each exchange pays the Market-Maker about 6% - 14% in profits!
It is simply not possible for any one Market-Making network to have enough funds available at any one time to keep up with all of the worldwide exchange requests. An exchanger processor who works with about $5000 in funds can only process about $5000 worth of exchanges at once, and then needs to get his or her money exchanged back around, within a few days, in order to process another $5500 worth of exchanges, meaning the original $5000, plus the profit from the first batch of exchanges. We have thousands of exchange processors in our network who operate in this way and because demand rises so rapidly we are in need of thousands of more. In this system, it's not about whether you will make this kind of money, but rather how fast you will make this kind of money, with the money remaining in your control.
Barter trade is a way to swap items or services. Barter trade is a time-honored method to get the things that you need to live. Today the barter trade system is still used successfully to get things you want. The system helps people get rid of what they don't want or need in exchange for things they want instead. Trading helps both people get a deal they like.
Barter trade originated centuries ago, before money was created. Barter trade helps you use things you have to swap for things you want instead. Years ago people used trade to get food and clothing they needed for their survival. Merchants and explorers used the barter system to trade for new and interesting items.
Barter trade was originally born from necessity. People needed certain things to live. They could effectively trade what they had in excess for the things they needed. The barter trade system doesn't rely necessarily on money. Instead it uses the value that both people place on the items in order to set up a trade that is fair to both parties. It can be done effectively with both products and services.
The best trades are those that make both parties feel fulfilled. Today the barter trade system is still used and is thriving thanks to the availability of online trade sites. Online trading allows you access to a much larger audience than ever before and transcends city, state and even country boundaries. You can find someone who is interested in trading for your item more easily than ever before.
There are many things that can be used to trade. For example, people can trade items that they have which they no longer need or use. The best items are those that are new or in nearly new condition. Anything of any value can be traded. You can trade small items that are not worth too much or you can trade larger more expensive items such as cars or boats. If you have items you've received as gifts but have never used you can trade them for something you want instead.
Barter trade is used today in much the same way as it has been used for centuries. Both people need to agree on the fact that they feel they are getting a good trade. The best trades are those that leave both people feeling good about the transaction. The trade system leaves the value up to the two parties. Unlike shopping in a regular store the trade system lets the parties set the approximate value of the items based on what they are willing to trade. What you trade for one day can vary for the same item the next because it is a subjective form of value assignment.
Barter trade is a fun and interesting way to get the things you want while getting rid of the things you no longer need or want. When bartering it's important to be fair and honest about the condition of the items you are trading. Honesty becomes particularly important when trading is done online where the parties can't touch the items or view them close up.
Both Simon Minister & Zach Thompson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Simon Minister has sinced written about articles on various topics from Forex Online, The Internet. This article was written by Simon Minister, owner of . Simon Minister's top article generates over 8100 views. to your Favourites.
Zach Thompson has sinced written about articles on various topics from Business Loans, Nutrition and Tax Software. Zach Thompson is a freelance internet marketer and savvy online shopper. Join him in saving money - start shopping on websites.. Zach Thompson's top article generates over 49500 views. to your Favourites.