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  1. #1
    InstantnatsnI's Avatar
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    Currency exchange service? Can someone help me out?

    Hi I want to invest in a currency exchange service? However I would like to know how do you make profit from doing this?

    I have a verified PayPal account which is main and only account, which is around 8 years old and I have over £2k balance and ofc my bank cards too. How do I make profit with my PayPal money? What do I exchange? BTC? I really appreciate the help

  2. #2
    Hentai's Avatar
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    Example: A guy mainly uses BTC but suddenly needs money on PayPal which he doesn' thave a lot in it. So currency exchers converts money from BTC to Paypal with a bonus +fee. Mostly %10 percent of the amount you converting.

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    InstantnatsnI (08-04-2016)

  4. #3
    InstantnatsnI's Avatar
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    Quote Originally Posted by l_Blank_l View Post
    Example: A guy mainly uses BTC but suddenly needs money on PayPal which he doesn' thave a lot in it. So currency exchers converts money from BTC to Paypal with a bonus +fee. Mostly %10 percent of the amount you converting.
    Gotcha so I'll be getting 10% profit from BTC? Also what's the best profit currency for me if I use PayPal? BTC? Or something else? Thanks

  5. #4
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    pp>btc is usually 1:1
    and youre going to need to get more active on the forum


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    x12 (08-05-2016)

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    InstantnatsnI's Avatar
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    Quote Originally Posted by Turtle View Post
    pp>btc is usually 1:1
    and youre going to need to get more active on the forum
    1:1? So it's going to be even? Then what is exchange for me if I'm doing PayPal?

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    Quote Originally Posted by simonlooo View Post
    1:1? So it's going to be even? Then what is exchange for me if I'm doing PayPal?
    I guess you mean profit.
    I disagree with Turtle, no one in the currency exchange does 1:1 - everyone takes a cut, why else would they be doing it?
    10% would be solid!

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    InstantnatsnI (08-05-2016)

  10. #7
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    Quote Originally Posted by NiBrA88 View Post


    I guess you mean profit.
    I disagree with Turtle, no one in the currency exchange does 1:1 - everyone takes a cut, why else would they be doing it?
    10% would be solid!
    I thought so. It seems everyone have BTC now? So lets say someone wants $50 PayPal how much BTC am I suppose to request? IIRC BTC always changes? sorry i never used bit coins before I really appreciate the help
    i give you thanks

  11. #8
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    Quote Originally Posted by simonlooo View Post
    I thought so. It seems everyone have BTC now? So lets say someone wants $50 PayPal how much BTC am I suppose to request? IIRC BTC always changes? sorry i never used bit coins before I really appreciate the help
    i give you thanks
    If you have never handled with bitcoins it is best to do so before opening a service which is bitcoin related.
    Gather some experience.

    You should charge them 50$ + your percentage
    Your percentage is your cut, basically your profit

  12. #9
    InstantnatsnI's Avatar
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    Quote Originally Posted by NiBrA88 View Post


    If you have never handled with bitcoins it is best to do so before opening a service which is bitcoin related.
    Gather some experience.

    You should charge them 50$ + your percentage
    Your percentage is your cut, basically your profit
    Ok thanks. May I ask is there some kind of calculator where I can see how much is x of bitcoins is worth in real money?

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    Quote Originally Posted by simonlooo View Post
    Ok thanks. May I ask is there some kind of calculator where I can see how much is x of bitcoins is worth in real money?
    Google bitcoin course???

  14. #11
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    looks like someone's lacking experience. noone's going to sell op btc if its not 1:1, op takes fees when HES selling the btc. smh


  15. #12
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    Quote Originally Posted by simonlooo View Post
    Ok thanks. May I ask is there some kind of calculator where I can see how much is x of bitcoins is worth in real money?
    google preev, it's really simple and easy to use. Best one there is imo.




     
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