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Author Topic: BitCoin Exchange  (Read 2841 times)
Antoshka
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March 14, 2017, 09:35:14 PM
 #81

Is making a bitcoin exchange a profitable business? Has anyone have any experience?
And I don't mean an online one, but a local one where people can go and buy/sell bitcoin.
What do you think?
I can understand that it will depend upon the location, but I think it can help in inviting more people to bitcoin too, right?

Bitcoin exchange is good for a profitable sideline. You invest to earn at an appropriate timeframe My experience has made my bitcoin exchange profitable in many ways.

But still do not forget about the dangers and risks. Still need to have experience of sharing and know when to do it better. I am also confident that it can be profitable
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zombie6
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November 10, 2017, 10:45:05 PM
 #82

it is better to change from people who have a lot of bitcoins and they just need a fiat) without commission is obtained at all), but the amount should not be $ 100  Grin Grin

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binting
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November 10, 2017, 11:05:25 PM
 #83

Exchanges makes profit from taking fees on transactions(deposit/withdrawal) and while exchanging from currency to another. I don't really understand how It's not going to be online though? If you mean something like LocalBitcoins and decentralized too then you won't be able to charge any fees in that case and still pay for the hosting of the website etc...
how bitcoin exchange will iwant to know how exchange a bitcoin

pinoyden
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November 11, 2017, 01:09:43 AM
 #84

Is making a bitcoin exchange a profitable business? Has anyone have any experience?
And I don't mean an online one, but a local one where people can go and buy/sell bitcoin.
What do you think?
I can understand that it will depend upon the location, but I think it can help in inviting more people to bitcoin too, right?

it depends on the country you are in. i suggest check the place first or do a quick survey, if you found out that more people are aware about bitcoins then you should go on with this business because it can be a good hit but if you think that less people are interested on bitcoins in your place then i think you should find another alternative business than this.

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mithon2017
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November 13, 2017, 02:04:17 PM
 #85

Bitcoin exchange is great business.  We know Bitcoin is the best currency of online Market. There are many ways to use it.. all the way, Bitcoin exchange one kind of. It is very profitable. If you can first guarantee trades found Will be  protected  with maxxiam be security Flow this bay attracting trades to ur exchange my so it is more important.
poletando
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November 13, 2017, 02:52:02 PM
 #86

yes it will be a good business and a high income if your exchange is have many costumer, you can get some fee from each transaction, you need to know about the fee. dont to high and dont to low so you need to set the fee is in a good ones

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mifanmuzny
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November 13, 2017, 02:52:36 PM
 #87

You can convert your alts into BTC in an exchange an cash it right away its that simple

ningrum
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November 13, 2017, 03:11:37 PM
 #88

Is making a bitcoin exchange a profitable business? Has anyone have any experience?
And I don't mean an online one, but a local one where people can go and buy/sell bitcoin.
What do you think?
I can understand that it will depend upon the location, but I think it can help in inviting more people to bitcoin too, right?

Bitcoin exchange is good for a profitable sideline. You invest to earn at an appropriate timeframe My experience has made my bitcoin exchange profitable in many ways.

But still do not forget about the dangers and risks. Still need to have experience of sharing and know when to do it better. I am also confident that it can be profitable
so we need to be careful too with the risks of bitcoin, because the bitcoin is not always beneficial for us, so we also need to see the progress and monitor it, so as not to be exposed to high risk.

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