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Monday, June 11, 2007

Creating E-currency Accounts


Hi Friend,
Here’s the next part of making dollars online with e-currency trading. We shall be talking about the account information of the DXSynergy accounts so you can understand what they entail so you can trade successfully online.
But today, we shall be talking about creating your DXSynergy DXAccount. So, if you are ready, I am, so let’s get the ball rolling…

DXSynergy - Opening your DXSynergy Accounts

Part A - Account Information

You need to understand at least the four (4) subsections of your DXInOne Account. If you're just starting out, you do not need to understand the DXMerchant in section 4. It will take you many months to reach this level:


1. DXProfile:

The DXProfile section is where your personal and account information is kept. You can make changes to your personal information here.

Information such as:

1. Passwords

2. Email Address

3. Uploaded documents to verify your identity

4. Mailing Address

5. And a few other personal settings


2. DXAccount:

Now that you have your DXSynergy and E-currency exchange accounts created, and verified, it's time to get busy. If you haven’t already done so, please log into your DXSynergy account. You need to know the following sections to begin:


Your DXAccount is the key part of your DXInone business. It is where you conduct all your e-currency trading, buying and selling of digots (digital shares), Inxchanging and Outxchanging of funds.
The balances found within your DXAccount are:

1. Available Balance

2. Pending Balance (uncleared funds)

3. Incoming Balance

4. Total Balance

From within your DXAccount you can:

1. OutXchange your funds (take money out of the system)

2. Send funds via Dxdirect

3. Pay your OA fees

4. Transfer funds to another Dxinone user

When you InXchange funds they are placed in your Incoming Balance. When you want to OutXchange funds back to e-service bank, they need to be in Available Balance, hope you are following? OK.


3. DXPortfolio:

Your DXPortfolio is the main part of your Dxinone business from day 1. It is what you use to create income for yourself to build up your Portfolio and run your DXSynergy business.

The important balances and entries of your DXPortfolio are:
1. TDV (Total Digot Value), your overall value of your portfolio

2. Reserve Balance (how much money you have to buy digots with)

3. DXDebit (Total, Used & Available)

4. CL (Credit Line), where Admin, Premium and Broker fees are charged.

5. Additional balances and information

You may only purchase digots from your Reserve Balance (RB). That means after each daily session of trading, you could reinvest any EOS gains you received in your RB. Also when your DXDA balance gets big enough, transfer these funds to your DXAccount’s Available Balance (AB), and OutXchange these funds to your e-service(s). Once the OutXchange has been processed, you either InXchange the funds back to reinvest in the DX system, or spend your money as you wish (I know you like that!)

If you decide to InXchange funds back to continue growing your DX Portfolio, once your InXchange is complete, you will have funds in your Incoming Balance (IB). You must then transfer those funds back to your DXPortfolio’s Reserve Balance and continue purchasing digots. (NB This is how you build your portfolio to a considerable amount where you can now live off its continuous income!)

4. DXMerchant:

The DXMerchant side is where the actual exchanges take place. This is where you can earn bonuses for processing OutXchanges and Claims and more.

The balances found within your DXPortfolio are:

1. Float Balance (Available, Pending & Total)

2. Claim Bonus (Melt Bonus)

3. Claim Bonus (Melt Balance)

4. Claim Bonus (Instant)



From within DXMerchant you can:

1. Process OutXchanges

2. Process Claims

3. Receive InXchanges




Now let’s see how we can create our DXAccount in DXSynergy…

DXSynergy - Creating Your DXSynergy DXAccount


Part B - Creating Your DXSynergy DXAccount
At this point you should be registered as a DXUser but you haven't created any accounts or portfolios to start trading in. The first thing you need to do is create your DXAccount.

You now need to decide what currency you're going to be trading in. The way this business works, as you will soon learn, is to build up your portfolio by purchasing things called "digots". You will select digots from certain countries, cities or states. For example you can purchase USD (United States) digots, or EUR (European), AUD (Australian) and many others. If you purchase digots that are not in the same backing currency as your DXPortfolio, then you will be subject to paying small conversion fees. To be exempt form these conversion fees, just purchase the same digot currencies that your DXPortfolio is backed by.

So, for the following example we will be creating a USD backed DXAccount:

1. Log into your DXSynergy account with the username and password you chose when you registered.


2. Click on the following menus to create a new DXAccount:

Personal -> DXAccount -> Create/New

3. In the "DXAccount Name:" field, choose the name you want to use for your Account. For example "Bobs USD Account" and click the Create Account button.

4. In the "DXAccount Currency" field, choose the currency you want to use as your primary currency. For this USD example, you would choose the "USD - US Dollar"


That's it! Simple! You’ve just created your DXAccount.

In my next post, I will take you through the steps for creating your DXSynergy Portfolio, so stick around.
If this post has been useful to you, I would like to read your comments on the shoutmix corner.

Let's Meet at the Top!

Osawemwenze Emmanuel

08054229945

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