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Building a Simple Forex App with AWS Lambda and Telegram Bots
If you work as a freelancer in the digital economy, it is likely that you have a global perspective when looking for new prospects and collaborators. A huge, worldwide pool of potential clients and opportunities is available to you. For this reason, it’s not uncommon for Designers, Marketing Specialists, Web Developers, or Sales Reps to work with business partners which are based in different countries.
Sometimes, a client may be willing to pay you in its local currency only. Of course, this is a slight inconvenience but, after all, setting up a multicurrency account is usually easy and inexpensive, so it might be best to accept the arrangement and plan to convert the money later.
Editor’s note: this piece is not an investment advice and is provided for entertainment and educational purposes only.
The Problem
This was precisely the situation I was in just a few months ago: I was doing the work, I invoiced monthly, and I was being paid. Nothing to write home about. However, after a few iterations, I started noticing some issues with this approach. Obviously, from time to time I needed to convert small amounts of money to my local currency to buy stuff, and doing so at an advantageous rate wasn’t trivial:
- it wasn’t wise to just do…
