When making money on currency exchange, the profit depends on the difference between the rates. It is almost impossible to win on this by buying currency in one bank or exchange office and selling it in another, because the cost of the currency is almost the same everywhere. But on the exchange you can make money on the Internet.
Instructions
Step 1
Study the procedure for creating a company that will perform exchange operations, because you definitely need to register your future business. In addition, you need to review your local and regional legislation that relates to electronic currency transactions. By following the letter of the law from the very beginning of your business, you will automatically get rid of some problems in the future.
Step 2
Decide on what types of currencies and with what payment systems you want to make money online. Next, you need to create your site connected to the selected systems. Keep in mind that you need to provide a cash reserve in each system, because later you will need to transfer funds to users online. The network has already created convenient systems that will allow you to open your own currency exchange office on the Internet. Refill the lights in certain payment systems and work on the design of your item. Try to make it attractive and memorable. Also, make sure the site is user-friendly and understandable, not just pretty.
Step 3
Register on the forums dedicated to currency exchange. There is a category of people who do not want to use your service or simply cannot figure it out. They will look for a private exchanger. If you want to make money on forms, you need to get on them. It is desirable to acquire a status that inspires the confidence of users. Answer questions from members of the forum, show that you are competent in this area, and soon you will enjoy authority.
Step 4
Cooperate with other exchange offices. Participate in affiliate programs that allow you to receive your percentage for each client you refer. If you have gained respect and trust in the forums, you should not have a shortage of clients. This method will bring you less earnings, but then you do not need to register your company.
