HOW WE PAY THE BILLS
We pay our bills through cash commissions on credit transactions within the network. That means we only make cash if you decide to buy or sell and you're never under any obligation to do either. Our incentive is to find you the sales you're looking for and find you the things you want to spend your credits on.
Other barter exchanges around the world have signup fees easily over 2x ours, commissions of 10% per transaction and monthly membership fees in cash that are a lot higher. We're committed to using this network to help London and region by keeping our fees low.
COSTS/BENEFITS TO JOIN/BELONG
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$200 cash set-up fee. It is currently free to join our trade list
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After you make your first trade you'll be charged 15 credits a month.
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Every transaction you choose to undertake costs 6% of its value in cash. (You buy or sell something from another member that costs 100 credits you'd owe the network $6 in cash.)
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CRA treats every credit as equal to a CAN dollar which makes transactions taxable in the same way as cash transactions. You'll treat this account as just another bank account for tax purposes.
Join our trade list, which is like a preliminary step you can take to make sure our network will work for you. There is no cost to join.
