Posted by forex at 12:56 AM
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1. Search online to register for training courses for e-currency trading to become a certified trader. Some companies, like DXInOne, offer free training courses. You may be required to purchase software.
2. Create your own registered or incorporated company to secure a domain name for business transactions. Consider your intended exchange volume when deciding whether to register or incorporate.
3. Open bank accounts and e-currency accounts under your business name. Research e-currency trading systems, like PayPal and INT Gold, to determine which is best before setting up your e-currency exchange account.
4. Secure a minimum cash flow of $10,000 and initial setup costs. It is okay to split your cash flow into cash and e-currency.
5. Establish your website with your domain name from Step 2. When setting up the website, choose the preferred method of payment, the fees you will charge, how long it will take to complete the transaction and how large your inventory will be.
6. Advertise your website with sources such as Yahoo! or Google to connect with customers.