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Seoclerks Crypto Currency Exchange. Would it be profitable?



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Seoclerks Crypto Currency Exchange. Would it be profitable?

Crypto currencies are widely used all over the world by so many people. We don't have very many exchanges for a good price that you don't need to sign up for. Its actually very basic, all you need is a few wallets with currency in them to start. The best part is you can charge up to 20% of of the total of each transaction for this type of exchange.

Exchanges like this are needed to sustain the crypto currency community. For example if i wanted to exchange Ethereum into Bitcoin the exchange would just need a Bitcoin address to send the BTC. Once the user submits this information a QR code and ETH wallet ID will be available for them to send the ETH. When the Ethereum arrives in the exchanges wallet the Bitcoin is sent to the target wallet ID minus 10-20%. See how simple that is? Why do i think Seoclerks should be the one to do this?

Seoclerks has proven itself time and time again to be a marketing giant. I mean lets face the simple facts guys we know how to drive clients. 2017 i truly believe we will see the Crypto currency world EXPLODE. Sometimes in order to take a company to the next level of success you have to enterprise. We are dealing with the modern day gold rush, only digital. Bitcoin will reach 15 Billion market cap soon and thats only one currency.

Lets talk about the possible cost to do something like this. You need to host a website which im sure would cost almost nothing to do for someone who is already hosting many different sites. We have Listingdock, Codeclerks, and more! Not to mention so many great affiliates, my point is it would cost almost nothing to start this. If someone wanted to exchange 1000 bucks you can keep up to $200 for doing the exchange. Do you think this would be profitable? How can we make an exchange happen?

As always thank you for reading please don't forget to follow me and like the topic.

https://listingdock.com/user/jkeyz2

https://www.seoclerks.com/user/jkeyz2

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MendasDigital
The way I take it, you're talking about a site which allows users to choose a currency they want to exchange, the site gives them an address to send it to, and once the site receives the crypto it then sends the buyer their purchased crypto in return. Running a site like that would be very risky, and expensive. First you need to have a bunch of each crypto you want to offer. The value of these currencies fluctuates, and they all have the potential to collapse entirely. Second, every time you complete an exchange from one currency to another you offset your stock balance of those currencies. To restore balance, you need another exchange in the opposite direction. This isn't easy, because some currencies are favored over others, and they change over time.

It would be safer for the site owner to create a site that allows individuals to sell crypto. In essence, each seller is acting as a micro-exchange. The site would charge a fee per sale (much like Seoclerks does). The site provides sellers with addresses for various crypto currencies. Sellers can send their crypto to these addresses, and then create listings. The listing would state the total quantity of the crypto available for the listing, the minimum quantity of the crypto needed to be bought per purchase, which cryptos the seller will accept in return. Buyers can search for listings of the crypto they want to buy, that accept the crypto they want to pay with. When completing a purchase the site provides them with an address to send payment to. Once the site recieves the funds, it takes it's fee, and then sends the rest to the seller's crypto address (the one provided by the site). The seller can then sell this crypto in a listing, or request it be send to their own external crypto address. The site itself, would sell the crypto it makes from fees in standard dollars by accepting PayPal.



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CryptoGuru
I agree with you half way. The cost for this would not be as high as your thinking because you don't need alot of crypto in each wallet to do this. You can set limits so that you don't run out of any currency. Replenishing Crypto is easy and if you have people exchanging all the time you will get all different kinds of currency.



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Lynne
I wouldn't know enough about cryptocurrency to feel safe enough to start a business in exchanging cryptocurrency but I have to say that what reyubskrelcoes says makes sense. You would need a good amount of cryptocurrency in order to be able to exchange it wouldn't you?

I'm sure you could make a load of money with a business based on cryptocurrency, but how exactly is beyond me!



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CryptoGuru
Not if you set limits for example i could start with 5000 dollars. Put 1000 dollars into 5 of the most popular currencies. Then set a limit of 200 dollars that any given person can exchange at a time. Its very simple and i think it should be done!



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Cristian
Would you be able to make a thing like this happen jkeyz? As you said, we have the community, most of us are already capable of driving in clients and create an income out of our services, I personally would totally invest in a SEOclerks crypto currency!

Also, I like Mike's idea, creating a trading website inside the ionic network, after all we are all about marketplaces here! Accepting paypal would be huge and very easy to invest, at least for me, since I can easily convert my freelance money into something else.



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Kleryn
If you really want to make profitable exchange you can check this site https://rates.guru/ before exchange and choose one exchange website with the best rate. It's good way to find relible exchange with fine rate and without deception



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