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CarPer20

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In general, the smaller the difference between both prices, the more favorable the exchange rate will be for you.
In general, the smaller the difference between both prices, the more favorable the exchange rate will be for you.
aptval
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The selling price: is the amount you pay to acquire a foreign currency, while the buying price is what you would receive when selling it.
The selling price: is the amount you pay to acquire a foreign currency, while the buying price is what you would receive when selling it.
aptval
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Fluctuations: Keep in mind that exchange rates fluctuate constantly due to economic and political factors.
Fluctuations:
Keep in mind that exchange rates fluctuate constantly due to economic and political factors.
aptval
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Market Volatility: Profit from market volatility allows you to benefit from constant changes in exchange rates.
Market Volatility:
Profit from market volatility allows you to benefit from constant changes in exchange rates.
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Speculation and Volatility Capitalizing on the market: Exchange houses can also profit by betting that the value of a currency will increase.
Speculation and Volatility
Capitalizing on the market:
Exchange houses can also profit by betting that the value of a currency will increase.
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Example: If a currency exchange buys dollars at 15.92 pesos and sells them at 15.98 pesos, their profit for each dollar sold is 60 cents.
Example:
If a currency exchange buys dollars at 15.92 pesos and sells them at 15.98 pesos, their profit for each dollar sold is 60 cents.
aptval
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Exchange Margin The golden rule: Currency exchange houses buy currencies (for example, dollars) at one price and sell them at a higher price.
Exchange Margin
The golden rule:
Currency exchange houses buy currencies (for example, dollars) at one price and sell them at a higher price.
aptval
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Additionally, they can generate profits through transaction commissions or by speculating on fluctuations in the foreign exchange market.
Additionally, they can generate profits through transaction commissions or by speculating on fluctuations in the foreign exchange market.
aptval
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a price and sells it at a higher price. This difference, known as "exchange margin", is their main source of income.
a price and sells it at a higher price. This difference, known as "exchange margin", is their main source of income.
aptval
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careful...
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Imagine Binance as an exchange: (which it is not) According to Google: Exchanges make money by applying a margin to the buying and selling of currencies: they buy the currency at a
Imagine Binance as an exchange: (which it is not)
According to Google: Exchanges make money by applying a margin to the buying and selling of currencies: they buy the currency at a
aptval
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#BinanceTurns8 ! Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 ! Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 ! Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 ! Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 ¡Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 ¡Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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#BinanceTurns8 ! Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
#BinanceTurns8 ! Collect all the Stellar Emblems of #BinanceTurns8 to earn additional BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_9U441
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I got my 8 badges!... Yes! Did you know that Binance is having a Birthday? Binance was founded on July 11, 2017, and like any birthday celebration, there are gifts coming, what a great event! For the celebration of its 8th anniversary, it is allowing us to participate in the first cryptocurrency meteor shower in history and take home part of up to 888,888 USD in BNB rewards. If you haven't started yet, don't worry, you won't fall behind; you still have time to complete the tasks, earn meteors, and also get your 8 badges. Don't forget to check your rewards area to see and activate the coupons you earn to enjoy the benefits they offer. Let's celebrate alongside Binance its great journey and growth over these 8 amazing years! #BinanceTurns8
I got my 8 badges!... Yes!
Did you know that Binance is having a Birthday?

Binance was founded on July 11, 2017, and like any birthday celebration, there are gifts coming, what a great event!

For the celebration of its 8th anniversary, it is allowing us to participate in the first cryptocurrency meteor shower in history and take home part of up to 888,888 USD in BNB rewards.

If you haven't started yet, don't worry, you won't fall behind; you still have time to complete the tasks, earn meteors, and also get your 8 badges.

Don't forget to check your rewards area to see and activate the coupons you earn to enjoy the benefits they offer.
Let's celebrate alongside Binance its great journey and growth over these 8 amazing years!

#BinanceTurns8
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