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The DXInOne E-Currency Exchange Phenomenon
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What if I told you that you could work from home and make
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Learn how DXInOne has created the new buzz on a
profitable home based business by introducing people to the
relatively unknown and lucrative world of E-Currency Exchange.
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consuming, frustrating experience for online business owners. There were email exchanges, telephone calls and something called “links begging” which is as humiliating as the name indicates. Then, plea for a link exchange. These emails usually ended up in the recycling bin unread.
Free Online Affiliate Program Let me begin by introducing myself. My name is Simon Minister. I am 23 years old and I have just finished my last year of University and will soon receive my Software Design degree. I am very outgoing, a member of several sports teams and am quite busy because of it. In short, I am a normal guy, living a normal life. However, one thing is not so normal: For the last two years I have work from home, for myself.
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This might not sound like such a fantastic claim given the fact
that there are thousands (if not millions) of websites dedicated to
work at home opportunities. The problem is that most of the
'opportunities' don't make very many people any money. Also those
websites are more worried about
getting their affiliate
commissions than finding good opportunities for others.
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Wouldn't it be nice if there were a business opportunity that
didn't require you to sell the opportunity to others in order to
make any money at all?
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Blogging Money Thebillivard Allow me to introduce you to a new idea called "E-Currency Exchange". You may or may not have already heard this phrase before. Whether you have or not it has become a hot keyword for a new way to make money online.
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To start you will need to know what e-currencies are. An
e-currency (short for electronic currency, also known as online
currency) is any currency service that allows you to send money
over the Internet. A good example would be
PayPal. PayPal is owned by eBay and is used
largely to provide an easy payment interface for the many merchants
that buy and sell on eBay. It is also used by a large number of
sites that sell their own products.
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Why do companies use PayPal? They use PayPal because getting
paid is easy and secure. You can fund your PayPal account
easily using your bank details, and you can easily accept credit
cards by accepting PayPal payments. What I was shocked to find out
over two years ago was that there are hundreds of other
e-currencies that are just like PayPal, and they are actually used
by merchants! A few examples are
e-Gold, e-Bullion, and
IntGold. There are hundreds of others as well,
and many are used by thousands of users.
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Online Business Opportunity Well what this means for the Internet community is the same thing that foreign currencies mean to the real world. If I go to Europe I will need to exchange my British pounds for Euros as most stores will likely not accept my British pounds even though they hold value. The banks are the ones that profit from this as they charge a fee to exchange from one currency to another. The interesting thing about online currency is that most of them are country independent.
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Take e-Gold for example. If you receive $100 USD (US dollars) of
e-Gold you can turn around and send that amount in British pounds
without paying an exchange fee. This not only saves
merchants thousands of dollars in exchanges but allows these
e-currencies to be one of the most flexible payment options
around!
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However we are still left with the problem of having the ability
to exchange between e-currencies. For example if I am at a site
that accepts e-Gold but I have a balance in e-Bullion I cannot use
it to make purchases at that site. I need to first find an
exchanger that will accept e-Bullion and then give me e-Gold in
exchange. There is, of course, a fee involved with this that is
very similar to the fee involved when banks exchange between
currencies.
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And you won't have any problem finding exchangers. Just go to
Google and type in "e-Bullion e-Gold trade" and you will find
plenty out there with various fees and response times.
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However you will quickly find that most exchangers only deal with
a limited number of e-currencies. Some will only work with one or
two and others have up to four or five. If you are an active
merchant who is trying to expand his or her marketing influence you
may be dealing with over a dozen e-currencies.
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This is where the business idea for DXInOne started over five
years ago. DXInOne (see DXInOne.com for their official site) decided
that an excellent business model would serve as a central
currency for all other e-currencies. Rather than
search for a specific e-currency
exchanger that would provide timely services those online would
be able to use one reliable service.
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DXInOne has grown quickly to now include sixteen
e-currencies in its list of accepted e-currencies (which they
have coined "e-services"). They continually add to this list as
other e-currencies are approved by their administration.
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The great thing about the DXInOne business model is that it
attracts online merchants by providing a central currency for all
e-currencies listed. If you visit a site that accepts DXGold (this
is the name of their central currency) then you could easily use
e-Gold, e-Bullion, or one of their other sixteen accepted
e-currencies to purchase products and services.
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This alone makes DXInOne an excellent business model and a great
e-currency to use for your website. However, there is an even
better business opportunity presented with DXInOne.
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Instead of trying to provide the millions of dollars that would be
required to perform all of the required exchanges, DXInOne has
provided yet another end to their business model that helps others
make money too. DXInOne allows others to sign up as "DXMerchants".
DXMerchants have the responsibility of providing the various
e-currencies so that the exchanges can be completed. DXInOne then
turns around and pays these DXMerchants from the fees incurred from
the exchanges.
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For example, if you had $3000 in e-Gold and you signed up as a
DXMerchant you would be able to process $3000 worth of exchanges.
Bonuses for processing these exchanges can be as high as
10%, so you could easily make $300 by just making your $3000
available. As you process more exchanges you will make more with
the same amount of money. Of course, the more that can be
"invested" into the system the better as this will yield higher
results even quicker.
I currently make about $1500 - $2000 a day profit by
processing exchanges and investing in the DXInOne System.
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Now let me get one thing clear. DXInOne is not a HYIP or get-rich
quick scheme. You cannot walk in with $1000 and expect to make
$1000 a day within a month. I invested $5000 over two years ago and
am now seeing the results. DXInOne is a real business opportunity,
not just a money maker.
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If you are looking for a program that will allow you to make $100
a day right away then you have found a money maker. Normally these
programs only work for a short period of time or for as long as you
are willing to do the work. However, if you find an opportunity
where you can invest your money and work hard and then make a
steady income then you have found a business
opportunity.
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Personally I prefer the latter of the two as money-makers tend to
loose more then they gain (overall).
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What do I mean by real business opportunity? I mean if you
have the time and the money to invest you will build an asset you
will not regret having worked to acquire.
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DXInOne is a constantly changing system and the owners and
designers have shown ingenuity, professionalism, and a real drive
to succeed in the business world. If you are the type of person
that can work hard at an opportunity and can ignore the cries of
the ignorant all around you, you will quickly find a business that
will help you pay the bills, buy you a car, and give you financial
freedom.
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This article was written by Simon Minister, creator and owner of
Dynamic-Xchange.com, No#1 provider of DXInOne
Training Courses.
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