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I am not answering your question, as the answer to that is linked to currency markets that are fluctuating all the time. There are also advantages and disadvantages when it come to circumstance.
One point I will make is that if you are aiming your marketing to the US then its best to register an address with CJ as US as for some reason even thought the internet is worldwide some US merchants wont accept affiliates from other countries.
Personally I would go for £ payments and if I didn't have a US address - I would make sure that CJ know you are marketing to the US.
Ta
Baz
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