🤔Have the #Bitcoin and Forex Traders been friending your pages🤦🏾♀️ Wonder what the hype is about? 💱Basically- Forex is a simultaneous transaction, where one currency is traded for another in real time🌏This is a very large market entity that is based on liquid financials #eBook #LinkInBio
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Bitcoin was designed and built to replace fiat currency for day-to-day payments and transactions, unless you are a professional forex trader if you invest in a cryptocurrency to increase your fiat holdings, YOU ARE A FOOL.
I understand that 99.9% of the cryptocurrency community would now fall into this category of being a fool. But I stand by this statement that if you invest in any cryptocurrency with the expectation that you will increase your amount a fiat currency, you are an idiot. For 99% of people investing in cryptocurrency has become nothing more than following the herd into a beanie baby like craze. It's worrisome because I got into Bitcoin in 2012 and of course it made me fabulously wealthy but now I see this next generation trying to emulate their forefathers success and it's honestly just pathetic and mind blowingly stupid. I know that 99.9% of the cryptocurrency users are morons because 99.9% of the cryptocurrencies are completely pointless. Even on my beloved SmartBCH there is not a single coin that has any use other than speculation as far as I can tell. So stop "investing" in cryptocurrency and start using it :)
When you use your Singapore credit card to transact in non-SGD currencies, they are probably charging you 4.0~4.2% on the transaction because they're giving you a terrible currency exchange rate
I learned this the hard way - through a real life example: I'm going for a trip to the UK / Europe next month, so had made some bookings using my DBS Altitude card.
Transaction 1: 26 June - EUR 332.14 for a flight ticket; Exchange rate according to google: 1.46 EUR to SGD, so total based on google rate - SGD 484.92; Actual charge by DBS - SGD 505.08 (4.15% higher than the google rate)
Transaction 2: 9 July - GBP 248 for a tour booking. Google conversion - SGD 416.64; Actual charge by DBS - SGD 434.02 (4.17% higher than the google rate)
I actually have a Revolut card, which gives me close the google exchange rate, so I would have saved around 38 SGD just on those 2 transactions if I used it. Damn it.
Prepaid cards that can be used to make payments or withdraw cash in a foreign currency are known as forex cards. You can use this card in the same way that you would a debit card without having to attach it to your bank account. Transaction costs on forex cards are also either nil or modest.
Christine Lagarde speaks on gold and silver in relation to DTL and real-time cross border payments. Does eluding to a flexible exchange rate between gold/silver and world currencies being advantageous suggest banks plan to use precious metals to cover their massive unrealized losses?
$SLVM - Sylvamo Completes Sale Of Russian Operations To Pulp Invest Limited Liability Company For $420M, After Foreign Currency Exchange Rates And Transaction Fees, Sylvamo Received ~$390M In Cash Proceeds
Cross-border transaction: how to set who pays currency exchange rate?
I am trying to figure out the fees that I need to take into consideration when making an international request for payment. In this case I am “seller” and figured out I will have approx 4-5% in fees for cross-border transaction. However in the the fee terms, I found that the currency conversion rate can be set to be paid by either the seller (approx 3%) OR the buyer (approx 4%). In this case I’d like for the buyer to take on that charge, but I can’t figure out how to set this... Can any other seller with international transfer experience help? Thanks!
First Industry Pilot for Digital Asset and Decentralised Finance Goes Live | Excerpt: “The live transactions executed under the first pilot demonstrate that cross currency transactions of tokenised assets can be traded, cleared and settled instantaneously among direct participants.”
Demonstration of showing how to verify you have received a refund on the VentiSwap Cross-Chain platform for a failed or stalled transaction. The initial transaction was purposely set to fail to demonstrate the refund function is in fact working.
A forex card is a multi-currency card that is used to make international transactions easier. It is the most convenient way to travel without needing to carry any cash in foreign currency. A forex card can be used for more than just swiping; it can also be used to withdraw cash from ATM machines.
Did you know that? Not only will you be able to swiftly trade your tokens on MagpieProtocol in just a few clicks, their even take care of the cross-chain⛓swapping for you and allow for seamless transactions between blockchains.
This one guy claims he's a forex trader who trades currencies. We have 2 servers in common (Politics and a debate server). I asked for proof and he gave me multiple Bitcoin transactions he made with his supposed clients. I'll send links to some of them in the comments. Is this a scam?
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This video describes step by step guidance to perform cross currency transaction in Money Exchanger Plus In today's global economy, a 24-hour approach to business and logistics is the key to ... Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... Share your videos with friends, family, and the world Currency Swaps with a Numerical Example - Duration: 7 ... Cross Rates - Duration: 5:50. Ronald Moy 49,782 views. 5:50. FOREX - Arbitrage in Foreign Exchange Markets - By CA Gopal Somani - Duration ... Module 6: Foreign Exchange and Commodity Risk Management In this video we will explore CCIRS and how it can be used to hedge a foreign currency debt/loan Cross Currency Calculations (Forex) CA Final SFM ... Current Rate Method: Translation Method of Foreign Financial Statements Advanced Accounting CPA - Duration: 14:55. Farhat's Accounting ... A cross currency is a pair of currencies traded in forex that does not include the U.S. dollar. One foreign currency is traded for another without having to first exchange the currencies into ...