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Joining An Exchange

If you have determined that commercial barter is for you, then
you should take the following steps: 
 

  • Locate an exchange nearest you. The IRTA Membership
    Directory
    will enable you to search for IRTA member
    exchanges. Make sure you know why it is important for
    an exchange to be an
    IRTA Member Exchange or an
    IRTA Certified Exchange.
  • Develop a List of Wanted Goods or Services. Identify
    10–12 items or services that you typically, and perhaps
    regularly, spend cash on. Show this list to the exchange
    you are considering and have them provide information
    on their availability.
  • Determine if you will be assigned a Trade Broker within
    the exchange.
  • Understand the fee structure of the exchange. Ask the
    exchange to go over any costs associated with becoming
    a member, maintaining membership annually, as well as
    the cost of trading within the exchange (transaction fees).
    Not all exchanges charge the same.
  • Determine with the exchange the anticipated demand for
    your product or service within the exchange membership.
    You want to know if you should be prepared for either a
    lot of requests from exchange members or infrequent
    requests. If the exchange does not believe that there will
    be reasonable demand for your product or service, you
    should think twice about joining.
  • Ask the exchange about their code of conduct and
    affiliations with organizations like the IRTA. Exchanges
    who participate in such organizations typically have a
    higher standard and work hard to protect their reputation
    within the industry. See
    "Why Join IRTA".
  • If you have a product or service that can be sold to a
    global marketplace, ask the exchange what resources and
    affiliations they have to sell your goods in this way.
    For example,
    Universal Currency allows exchanges to
    access a worldwide barter marketplace.

 

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