What is ITEX? How does ITEX work?

What is ITEX? How does ITEX work?

ITEX is a mystery, wrapped in an enigma. Just kidding, it’s a pretty simple concept. ITEX is a way to exchange goods and services without using money. So, how does it work? Well, let’s say you have a service to offer, like lawn mowing. You find someone who...
What is bartering

What is bartering

You have bartered if you ever exchanged toys with a friend in return for one of theirs. Bartering is a non-monetary exchange of products or services between two individuals. Ancient cultures depended on this kind of trading. Even in contemporary civilizations, this...
What is Barter Exchange and How They Work

What is Barter Exchange and How They Work

Businesses used to function in a barter system, where products and services were openly exchanged and the currency was not used as a means of exchange. Even though such days are gone, many businesspeople still barter. Consider selling your old valuables or garments to...