How to Complete a Trade in Freebie Trading

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Money in the (Piggy) Bank - mconnors
Money in the (Piggy) Bank - mconnors
Trades between parties forms the basis of the freebie trading industry. Nine steps help break down how to complete a trade and explains the details.

Freebie trading, in which a person either completes offers in exchange for income or pays another person to complete offers, is a growing online industry and source of income. A person first starting out may be a bit overwhelmed at all of the advice, terminology, and various sites that are related to freebie trading. When beginning trading, the main thing a new trader needs to do is complete trades. This is when an individual is paid to go to a freebie trading site and complete offers. Nine steps help explain exactly how to complete a trade and covers most of the details a new trader needs to know.

Preparing to Trade: Steps One Through Three

The first step in starting freebie trading is to get your computer ready. Most traders use Firefox, though some still use Internet Explorer. Firefox is recommended, though. Make sure you have a good anti-virus software. This is important as you will allow cookies and pop-ups for trading. Enable cookies: go to "tools", click on "options", and then click on the box that says "allow cookies." Cookies are how the freebie trading sites track that you have completed an offer. Without allowing cookies, you will not get credit for offers or will have to submit a manual credit request, which can take 30 days. Also allow pop-ups while you are completing trades. You can turn off pop-ups when you are doing other browsing.

The second step is to set up a PayPal account. Your account must be "verified" for trading. PayPal is easy to use and one of the most trusted sites on the internet. For further information on setting up a PayPal account, visit How to Set Up a PayPal Account.

The third step is to find a trusted freebie trading community in which to connect with other traders. (I recommend Referral Swapper). Most freebie trading communities have a "trade manager" where both parties can agree to the terms prior to the trade. Finding a community is recommended not only for the ability to find people to trade with, but to help protect both parties.

Choosing a Trade and Signing Up: Steps Four Through Seven

Step four is to determine what site you want to complete and how much money you want for it. Many traders split 50/50. For example, if Git-R-Free Garage Sales is paying someone $40 for a referral, that person will pay you $20 to sign up and complete an offer. There is no rule on how much a trader has to pay you. It can be more than 50%, it can be less than 50%. Once you've chosen a site and determined how much you want paid, find a trader who agrees to the terms.

Step five is setting up the trade in a trade manager. The way to set up trades varies between sites, but the basics include what site is being done, the referral link to click on, and how much is being paid. Double check the terms before you agree to them.

Step six: once the trade is agreed to in a trade manager by both parties, you use the referral link given to sign up for the site. Most sites ask you to pick the prize or money you want to receive for referrals. Pick anything; you can change it later, and it won't matter until you actually start referring people yourself.

Step seven is to finish signing up on the site. You will usually be asked to verify phone number, address, and PayPal e-mail. Make sure when you are signing up that it says who referred you!

Completing an Offer and Getting Paid: Steps Eight and Nine

Step eight is actually completing the offer(s) required. Offers vary. Some will be 100% of the credit needed, others will only be 5%. It is a good idea to browse all the offers, figure out how you want to get to 100%, and then sign up for the offer(s). Many people lose money doing offers because they don't read the fine print. Find out how long the trail period is, how to cancel, if there is an early cancellation fee, etc. A good rule to follow is to pay no more on offers than you are getting paid to complete the site. Once you have completed a 100%, this is called "going green," a term you will hear all of the time.

Step nine is receiving credit and getting paid. This step should be automatic. Once you complete an offer, it should show up on the home page of the site you signed up for. If credit does not show up in the time period specified on the offer (it can range from instantly to two weeks), apply for a manual credit request. Most sites (especially Git-R-Free) are very good about applying credit if a request is put in. Once you are shown as being at 100% on the home page, the person who referred you will be notified by the site. They should send payment within 48 hours. If not paid, contact them.

Easy Once You Get the Hang of It

While freebie trading sounds complicated to a new person, it is easy to learn and understand. Completing trades forms the very basis of the industry, both for the person completing the offer and the person paying someone else to complete offers. The best way to learn is to complete a couple of trades. It is very easy once you get the hang of it. Learning how to complete trades is vital to being successful in the freebie trading industry.

For further information:

Freebie Trading: What It is and How It Works

Starting Freebie Trading: Method 1

Freebie Trading in the Long-Term: Method 2

Jennifer Becker Landsberger, Deb Becker

Jennifer Becker Landsberger - Freelance writer, History Major

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