How to make money on currency?
People are increasingly asking: "Can I make money on the currency?", Because many lack official income. Some believe that it is enough to buy currency in one exchange and then sell it in another at a better price. This is absolutely wrong opinion. In theory, this may be possible, but in practice it is hardly feasible if you resort to the services of legal exchange offices. This situation becomes possible only with a sharp change in the exchange rate policy of the regulatory bank (an example is the default in 1998 of the Russian ruble).
So, on the Internet, the rules of currency exchange remainthe same as in real life, otherwise the owners of exchange servers will simply go bankrupt if they do not pay attention to the change in the currency exchange. Do not forget that there are a lot of exchange services on the Internet, and they change the currency at different rates. In this case, the range of the difference in the exchange rate may be higher than in offline exchanges.
If you are thinking how to make money on currency, andfound a profitable exchange rate WMZ, which is a penny different from the exchange rate on WebMoney - exchanger.ru, it is still necessary to turn to the latter to exclude your own risks, guaranteeing yourself the reliability of the exchange.
How to make money on the exchange rate
You can earn in currency in several ways. Let's look at them in more detail.
- You can open your own currency exchange servicein the Internet. It is not difficult to do this, it is much more difficult to make the service successful. If you decide to open such a business, then you need to buy a script (technical software stuffing exchange service) currency exchange. At the moment on the Internet hundreds of exchangers with crazy competition, so without the original marketing steps and good luck, you are unlikely to get through. If you still decide to try, then start with the basics (design and usability of the site). The script should be professional, ideally under the order. The cost of this script will not be cheap (about $ 10,000), but in the future, with a successful scenario, he will pay for itself.
- When the site is ready for you, you can start promoting it in several ways:
- attract customers with search engine traffic. It will require significant cash injections into the promotion due to high competition. Requires an active external optimization of the site for various search queries. This way of attracting customers will require a lot of resources, efforts and patience;
- an active advertising campaign throughcontextual advertising. One of the main advantages is the appeal to you of target customers right after the start of the advertising campaign. If in your exchange service exchange rates are profitable for the client economically, then once you make an exchange of funds, it will necessarily return again. The only drawback: once the contextual advertising ceases, the inflow of new customers will be reduced to a minimum;
- use of non-standard moves. Such moves include, for example, the distribution of various bonuses on the site of the service. Enough even a small bonus of a few cents to attract new visitors. Also, it is desirable to systematically organize on the service website contests with the subsequent distribution of gifts.
- availability of partner programs. Referral programs allow you to return some of your own funds for attracting new customers. The service website, receiving new customers, grows, the total profit and turnover of the exchange service increase. Thus, by spending a small amount of partner deductions, you can buy a lot.
Most importantly, try to use all methodsdevelopment of service in the complex. If you decide to organize such a service, do not forget that you will also need capital to conduct exchange transactions.
If you think that you can open your own serviceyou can not afford to exchange money yet, but still want to do business like this and think how to make money on currency exchange, then you can attract new customers to already well-known and prosperous services. Practically, every working exchange service has its own partner program. You need to actively advertise your own referral link on forums, blogs, friends and acquaintances (however, excluding spam), etc. You will not get a big profit with this approach, but you will have a stable small salary, and considering that advertising a referral link does not take much time and effort, this is also a good way to increase your income.
At first glance it seems that making money onexchange of currencies is not difficult, or all the niches of earnings are already taken. However, it is not. If you can come up with your own business idea, you can earn a lot of money. To do this, you will have to analyze in detail the situation on the Internet, connected with the exchange market. Of course, you will have to face many pitfalls, but the more interesting it will be to solve the problem.
You can also go to the forex market. In this market, the exchange rate is constantly changing, because it depends on the ratio of demand and supply to a particular currency. If you can buy a currency cheaper, and after a while sell more, then put the difference in your own pocket. If you want to earn on the exchange rate, then first you need to choose a broker company that trades in the foreign exchange market, go through the registration stage and open your own account. In this account you make money and receive a bonus. After installing the trading terminal, you can start trading on Forex.
If you decide to earn this way, then have the patience and strength.