Is it still profitable to have btc exchange service/site ?

[avatar_kiyoshi]

Hello,

Just quick question. Is it profitable to create btc exchange website?

It's profitable, but you have a lot budget to build it. It's not easy as you create hello world with c++ , you need have to understand about coding, management, and the security system is the most important. Also you need to have unique concept of your exchange site, because you will survive with the famous and the biggest exchange site existing nowadays.

[Jasad]

Hello,

Just quick question. Is it profitable to create btc exchange website?

so far its profitable,you need so much funds,bitcoin and cash money to build good and trusted exchange,but its will not easy to promote your new exchange,because i dont think social media or forum promotions are effective on some exchange.

[Supercrypt]

If you are going to own yourself a btc exchanger, the only way to make it profitable is through immense marketing because if you market your site enough, then some, if not many, people will be using it that spells P-R-O-F-I-T. Just don't make ridiculous fees.

[Robertqueen2]

yes it will be profitable to have one , because as you know this kind of sites earn a lot of money due to its fees , but the most important point to make money is the promotion of your site , you must do big promotion on all social media to get more users , if your site succeed to be famous and popular , you will earn a lot of money , project like that needs to high balance of money and team of workers to make it success .