Hello,
I need some suggestions from bitcoin community, i researched a lot about the business model, still want to know from the community about how i can make maximum profit through the exchange platform.
I've a registered business, domain name with SSL, custom developed application, it will be going to be live within a few days.
Now whats the next step.
Assume, I start advertising & marketing campaign and people start depositing money through bank/payment gateways,
1. then what's the next step?
2. Do i need to buy bitcoin from somewhere else and deposit in the wallet address?
3. In case i've to buy bitcoins, from where?
4. About about buying and selling price? what's your suggestion?
5. Timeline would be important between payment deposit and assigning them bitcoins, how to reduce to minimum?
6. Plan to charge only 5-7% of transnational amount, any calculation on profit?
7. Anything else you would like to suggest?
Thank a lot, I may ask a few more questions.