The Internet provides enormous opportunities for making money. And one of them is exchanging currencies online and withdrawing them. The basic principle here is that many people around the world are now carrying out a large number of transactions using e-wallets. Naturally, they need to convert currencies and withdraw them from electronic wallets.

At the moment, there are already quite a lot of services that provide services for the exchange and withdrawal of electronic money, but given that they are located in different countries, their exchange rates may differ significantly. This makes it possible to earn money on the difference in rates. But this requires certain knowledge and analytical skills. Therefore, opening your own exchange office can be considered more realistic and promising.

Main types of exchangers.

All exchangers can be divided into two main types:
- official;
- private;
Opening an exchanger of the first type is much more labor-intensive and expensive, so it is suitable for already established businessmen and large companies. First of all, this is due to serious financial costs, and secondly, to the need to devote a lot of time to the development of this area of ​​​​activity (especially in the initial stages).

Therefore, for small and medium-sized entrepreneurs, the most suitable option may be to open a private exchange office. This type of business is especially suitable for entrepreneurs who are involved in the Internet business segment and have a stable income in one of the electronic currencies. For them, this can become both an additional source of income and an independent direction for business development. In this case, they can perform exchange transactions at a lower rate, which will be beneficial for their clients and can quickly make the service very popular and in demand. In addition, this will solve the problem of exchanging and withdrawing your own electronic money.

What do you need to open your own electronic currency exchanger?

The easiest way to make a profit on currency exchange with electronic payment systems is to make money on an affiliate program. Suitable for individuals who have their own website on which they can place an advertising banner or create a special form that allows them to exchange a particular currency. In this case, income will be accrued from each money exchange transaction performed by attracted users. Despite the great competition in this field of activity, this type of business can be quite profitable.

The most attractive are sites dedicated to opening and running various types of businesses or, for example, monitoring existing services for exchanging electronic currencies. The peculiarity of the latter option is that, together with reviews and filters that allow you to select the most optimal and profitable exchanger, the user goes to the site he is interested in through a referral link (and not directly), and this allows the site owner to receive his income from each such transaction .

To open and register an exchanger, today you will need about 4 thousand dollars. Of which 2 thousand will be spent on registration.

To do this you will need:
1) Get a personal certificate.
2) Create a website and enter it into the official register.
3) Register with the tax authorities.
4) Conclude an agreement with services (payment systems with the currencies of which it is planned to carry out transactions).

In addition, even at the stage of creating a currency exchange service, it is advisable to conclude agreements on joint cooperation with online banks and similar exchange offices. This will allow, if necessary, to quickly and profitably exchange funds in future business.

Another fairly significant expense item is the development of an exchanger site. This work should be entrusted immediately only to an experienced programmer who has experience of successful work in this segment. Therefore, it should be taken into account that such work will cost at least 1.5-2 thousand dollars. Although this option is quite expensive, it allows the customer to get a high-quality exchanger with a user-friendly interface and reliable protection. This amount includes:
- design creation;
- script writing;
- hosting costs;
- payment for programmer services;

Further, the success of business development will largely depend on the popularity and demand for the service. To do this, you must meet the following conditions:
1) Effective advertising.
2) Optimal interest rate.
3) Convenient and prompt service.
4) Security of transactions.

Here it’s up to the owner of such an exchange service and his pricing policy. It should be noted that on average, electronic currency exchange is carried out with a commission ranging from 1% to 5%. At the start of a new business project, it is not recommended to chase a high interest rate, but to focus on the accessibility and convenience of your service, as well as on more favorable terms of cooperation. By observing all these conditions, you can expect that the business of exchanging and withdrawing electronic money will quickly become a source of stable and high income, especially given the constantly growing demand for this type of service.

Do you have a Business Idea? On our website you can calculate its Profitability Online!

An electronic currency exchanger can be “private” or “official”. In this case, earnings come from each currency exchange transaction, i.e. a certain percentage of the amount falls into the exchanger’s account as commission (profit).

Today it is extremely difficult to enter the market as an official exchanger. And this is not a matter of technical problems (they can be overcome with the help of software). It is entirely possible to provide broad currency coverage and automatic exchange, but there are significant barriers to overcome. “It’s a good deal! – the first barrier. Previously, it was possible to install a script, set up merchants and change money without official registration, but today this will not work. Since 2007, WebMoney has seriously tightened the rules. Competition is the second barrier. She's going wild here. In recent years, many offices have opened, but after a while they close.

The creation of an official exchanger will require serious costs, both financial and time. This option is suitable for large and serious companies and businessmen. The best option in currency exchange is exchange in “rare” directions, which are not available on official exchangers with an adequate commission.

“Private” exchange is suitable not only for financial tycoons, but also for those who accumulate reserves of electronic currency, but they need a completely different one for circulation. Some make an exchange, while taking some percentage for themselves, others use a 1 to 1 rate; it is the absence of any commission that makes this option attractive to clients. In the case of official exchangers, everything happens automatically and there is a guarantee of reliability, but in the case of “private” ones there are no guarantees, except for a verbal agreement and everything is done manually.

But still, how to open an electronic currency exchanger? The more cash reserves you have, the more exchange transactions you will have, and from each you will receive your percentage. If the volume of your activity is large, then the relevant authorities may be interested in you, then you will need to register an LLC and pay taxes.

What is needed to open an exchanger?

To open an exchanger, you need a script - an engine on which the exchanger will operate, which must be of high quality so that there are no malfunctions. The number of those who want to use your services, and therefore your turnover, will depend on advertising and authority. In the WebMoney system, the reflection of authority is called business level, which depends on the turnover of funds that went through the account and the more, the higher the authority. It is also possible to exchange electronic money for real money and vice versa, but first you should familiarize yourself with the tax legislation. If you are already familiar with the legislation, then open an electronic currency exchanger.

How to open an electronic currency exchanger?To create your own exchange office, you need to obtain a personal passport, then open your website and add it to the general official list. It should be noted that an office is not required for this type of activity. From two thousand dollars will be required to register an electronic money exchanger. It is also necessary to agree on joint cooperation with Internet banks and similar exchangers in order to be able to exchange funds more quickly and profitably. You can register for tax accounting as an individual entrepreneur or individual. There are a lot of pitfalls in this area of ​​activity, because this type of activity is not yet provided for by law.

We enter into an agreement with the services.

On the Internet you can find many services that provide electronic funds exchange services. However, anyone who wants to start working must enter into an agreement with the payment systems whose currencies they will operate with. Such a document will clearly state what percentage the service must pay in favor of the electronic payment system. The exchange office independently sets the amount of interest that can be charged when exchanging electronic money. In this case, the percentage should be based on the current market conditions and the availability of cash reserves. The exchange of electronic money, according to established traditions, is carried out at a commission of 1-5%. However, new services should not start at the top. Only large players in this market segment can afford a 5% commission.

To create an exchange site you will need a good programmer,who will have to pay several thousand dollars in order to create a truly high-quality exchanger with reliable protection from hackers. This is a rather expensive method, but it will save a lot of time. The programmer writes the script, creates the design, and this also includes hosting costs. However, if you decide to open an electronic money exchanger, then this business is quite profitable, and your income depends on the percentage you set and the popularity of your service.

How to open a currency exchanger on the Internet?

There are a lot of good ideas for business on the Internet, but before you implement one of them, you need to take into account current trends.


The modern world is slowly moving towards non-cash payments and electronic money. A great niche to start your own business, although it's not that easy.

How to open a currency exchanger? To launch such a service, you will have to spend money, even if you are able to write the website code from scratch.

The expenses are serious, because you will need to provide a decent reserve so that customers can exchange even larger amounts. But this is not the only expense column.

You will have to raise a large sum, because the necessary software can cost $1000. Finding it is not difficult and in this article we will tell you where it is sold.

The second serious expense column is balance. To carry out operations, you will need to open several wallets and deposit decent money into each of them.

They will be used for exchanges, and here it is important to think about how exactly the transactions will take place, because it is necessary to remain in the black, while offering users favorable conditions.

Don’t even think about launching a service on a free engine and cheap hosting. You will need a dedicated powerful server, which also costs a pretty penny.

We must not forget about promotion. There are many exchangers created on the Internet; in order to survive among competitors, you will have to spend money on advertising.

Where can I buy an exchanger script?

You can contact freelancers to order the creation of an exchange office on the Internet. This is not cheap, so it makes sense to consider template options.

And we haven’t even heard of other electronic currencies. But today the situation has changed, there are a lot of electronic currencies, and most active Internet users work with several at once. But many payment systems have certain restrictions on the withdrawal or transfer of funds, for example, you won’t be able to simply transfer WebMoney to Yandex Money; you need to go through identification procedures. That is, there are quite a lot of difficulties. And that is why electronic currency exchange services are in great demand.

This is not only about exchanging one electronic currency for another; problems often arise with the withdrawal of funds to bank cards or accounts. For example, there is a limit on the amount, or the money takes a very long time, and the person needs to receive the funds very quickly. In this case, they also resort to the services of exchangers.

The size of this market is difficult to estimate. There have been no official data or studies on this topic, but I think we are talking about hundreds of millions of rubles. Yes, not all Internet users deal with electronic money, but in any case, this market is quite large and promising. Now let’s figure out what ways you can earn money.

Creating a topic on the forum

The easiest way. You need to register on any forum where there are people using electronic money. For example, I can mention Searchengines.guru - it is obvious that webmasters, optimizers and others whose activities are directly related to the Internet actively use electronic money.

To work you will need the following:

• Availability of confirmed accounts in payment systems;
• Availability of sufficient funds.

Verified accounts are absolutely necessary, as it is primarily a matter of trust. Who will send their money to the pseudonym certificate in WebMoney? Your earnings depend on the commission, which is determined individually by each person. The most popular scheme is a percentage of the transaction amount plus a minimum amount. The latter is necessary so that you do not make transfers from Qiwi to WebMoney for 100 rubles, earning two rubles.

The commission from such money changers is usually higher than if you transfer money yourself. Here you need to calculate the interest yourself and determine your commission. But the main “trick” is that the money changer has money in all wallets, that is, he does not need to pay a commission for the transfer. If he is required to exchange WebMoney for Yandex.Money, then he is simply sent money from WM to WM, and he sends money from his YaD wallet to the specified wallet in this payment system.

This is a very important point, since working according to a different scheme (transferring money between payment systems yourself) is much less profitable. For example, the commission for transfers between WM and YaD is 3%. The commission for money changers is usually around 4–6% - this is their earnings. But if they transfer money between payment systems, they will lose half (or even more) of their earnings. Therefore, you need start-up capital; if you only have 10–20 thousand rubles, it’s better to forget about this income.

The key issue is trust. Few people will trust serious amounts of money to an unknown person. Usually they turn to those they know well, who have been on this forum for a long time. Reputation can only be earned over time. Yes, you can buy reviews for your themes, but this is not the best way. If your topic only contains reviews from new accounts, it will be very suspicious.

I also want to note one more important point. Often, money changers are well versed in schemes for making money on the Internet (primarily “black” and “gray”) and are very attentive to the issue of exchanging funds. There is always a risk of exchanging money from a stolen account or participating in cashing out money that was obtained through criminal means, which can be fraught with unpleasant consequences. That is, this earning option is not suitable for beginners.

Creating an exchange office

More advanced option. The operation scheme depends on a pair of electronic currencies: some can be exchanged automatically, others only manually. When people think about making money exchanging electronic currencies, they first of all think about exchange offices.

This option is indeed somewhat simpler than the previous one, if only because most of the processes are automated. You don’t need to be constantly online so as not to miss the next client. The exception is pairs of electronic currencies that need to be exchanged manually. These are obvious advantages, but there are also disadvantages.

There is a lot of competition - you can search for exchangers yourself in any search engine and see how many there are. In addition, fraudulent sites often appear that simply deceive those who change money. Therefore, it is very difficult for new electronic currency exchangers to earn a reputation. Moreover, if a person has already successfully used any exchanger, most likely in the future he will only work with it. After all, trust already exists. You can attract him only with more favorable financial conditions.

How to create your own electronic currency exchanger?

There are two options: creating your own or purchasing a ready-made script. The second option is preferable simply because it is much cheaper. You will still have to customize this script, spend money on creating a website (at a minimum, you will need a unique design). The cost of electronic currency exchange office scripts ranges from 200 to 1000 dollars. I have seen sites where they sell similar things for several hundred rubles, but it seems to me that such offers should not be seriously considered for the following reasons:

• By purchasing the normal version, you get access to updates and support, which are very important for security;
• When buying “left” scripts, you cannot be sure of their safety; anything can be built into them.

But the costs on the technical side of the issue can be considered completely insignificant. For the reasons I mentioned above, you will have to have a sufficient amount of money in your account in each payment system. For the largest exchangers this is tens of millions of rubles. Also, do not forget about competition (it is huge), so advertising costs will be necessary. You can wait a very long time for search traffic in this area, and in any case, in these types of businesses on the Internet you should not rely only on search engines.

It is difficult to predict the exact costs of creating an electronic currency exchange office; it depends on how much money you reserve in your wallets and how much money you plan to invest in advertising. But we can say for sure that creating such an exchanger will be much more expensive than simply exchanging money through forums. But the potential profit and range of clients is significantly larger.

Another difficulty is that some payment systems have very strict rules. Mandatory registration of at least an individual entrepreneur may be required, but we don’t even have to talk about identifying wallets. This will be necessary to increase daily limits; moreover, a number of payment systems have separate types of wallets for those who are actively involved in financial transactions.

On the exchanger’s website, it is advisable to indicate all contact information (telephone, information about a legal entity, individual entrepreneur, etc.). This is a serious step towards getting new users to trust you. But in practice, only a few exchange offices have such information, usually limited to email and one of the instant messengers. In principle, you can work this way, but it’s better to indicate all the data, it inspires more trust.

How to promote?

For promotion, they usually invest in advertising (contextual, direct on thematic sites), and also use affiliate programs. Affiliate programs involve rewarding those who referred the person who completed the exchange operation. A certain percentage of the commission received is paid.

It would be relevant to add your exchanger to numerous services that monitor electronic currency exchange offices. By the way, they are the ones who occupy top positions in search results for thematic queries, so you definitely shouldn’t ignore them. Usually, having an affiliate program is enough, and you will be added. These monitoring services often have their own affiliate programs.

For new electronic currency exchange offices, you should not immediately make high commissions. Yes, you have to make money, but first you need to attract people who will use your services on a regular basis. If a person has successfully exchanged Perfect Money for WMZ once, then with a very high probability he will use the same site and will not take into account the size of the commission on others (this is not relevant when exchanging large amounts).

Is it worth it to exchange electronic currencies?

This is a profitable business that is not without risks. If you do not understand anything at all about electronic payment systems, methods of laundering ill-gotten money, etc., then I do not recommend that you try to make money from this. Simply because you will need decent start-up capital, and without experience and knowledge the risks are too great. Even experienced forum money changers sometimes get scammed.

But if you are determined to try yourself in this business, I recommend paying attention not only to electronic money, but also to cryptocurrencies. Many exchangers are starting to work with the latter, this is due to the fact that the topic is now very promoted and popular. Here you can earn much more simply due to the difference in rates. You can look at the cost of bitcoins on various exchangers - the difference can be several tens of thousands of rubles.

Electronic currency exchange is not the notorious “loot” button. This topic has many hidden nuances that the owners of exchangers themselves will never tell you about. Do not forget that working with money is always not only an opportunity to make money, but also significant risks.

There are two types of electronic currency exchanger - private and official. In this case, the meaning of earnings lies in a certain percentage that comes from each transaction when exchanging currencies, in other words, a certain percentage of the amount goes to the exchanger’s account in the form of commissions.

Currently, it is extremely difficult to gain a foothold in the market as an official exchanger. Moreover, the point here is not at all about technical difficulties (they can be dealt with with the help of modern software). Theoretically, of course, it is possible to ensure automatic exchange and a fairly wide coverage of currencies, however, in practice, in order to achieve this, serious barriers will have to be overcome, and not everyone is able to do this.

The first barrier is to negotiate correctly

If not so long ago it was possible to simply install a script, set up merchants, and then exchange funds without official registration, now this is impossible. Back in 2007, the well-known WebMoney system greatly tightened the rules.

The second barrier is competition

Let us immediately note that the competition here is off the charts. In recent years, many offices have been opened that did not manage to last long in this market, and they were forced to close, one after another.

How to open an exchanger?

Opening an official exchanger will require serious costs - both time and financial. This option is suitable only for large and serious companies and businessmen. The best option, in this case, is to exchange currency in “rare” directions, in other words, the potential client is given the opportunity to carry out transactions that are not available in official exchangers, while an adequate commission is charged.

Another option is a private exchange; this type is suitable not only for serious financial structures; its users can be people who have accumulated certain reserves of one electronic currency, but for circulation they need a completely different one.

Some make an exchange, thereby taking a certain percentage for themselves, others use a 1 to 1 rate, and it is the absence of a possible commission that makes this option very attractive to clients.

If we talk about official exchangers, then everything happens here automatically, and there is a certain guarantee of reliability, while in the case of a “private” exchange there are absolutely no guarantees, except for a verbal agreement.

The system of earning money by exchanging electronic money is quite simple: the more cash reserves pass through it and transactions are carried out, the higher the income, since a percentage will be received from each action. If you have a fairly large turnover, then, soon, the relevant authorities will definitely be interested in you - in this case, you will need to register with the subsequent payment of taxes, which will reduce your income.

What is required to open an exchanger?

To open a full-fledged exchanger, you need a script - an engine, thanks to which the exchanger will operate, and it is important that it is of high quality so that there are no malfunctions. It is also worth noting that the number of people willing to use your services, and therefore your turnover, will depend on advertising and status.

For example, in the WebMoney system, authority is reflected in the business level; it completely depends on the turnover of funds that pass through the account. In addition, you can enable the ability to exchange real money for electronic money and vice versa, but first you need to learn the tax legislation. If you are familiar with the legislation, then you can open an electronic exchanger.

To open your own exchange office, you need to obtain a special personal certificate, then create a website and add it to the official list. It makes sense to note that this type of activity does not require an office.

To register an exchanger you will need at least two thousand dollars.

It is also necessary to take care of an agreement on joint cooperation with similar exchangers and online banks so that there is the possibility of a profitable and quick exchange of funds, if necessary. You also need to register for tax accounting.

Agreement with services

You can find a large number of services online that provide electronic money exchange services. However, one day, everyone who decides to start working in this direction is obliged to enter into an agreement with a payment system or several, whose currencies he plans to operate. The contract must clearly state what specific percentage the service must provide in favor of the electronic system.

The exchange office independently sets the amount of interest that can be taken when exchanging funds. It is important that the percentage is based on the current market conditions and the availability of cash reserves.

In addition, it is worth knowing that the exchange of electronic money, according to established traditions, occurs at a commission of 1-5%. However, it is not advisable for new services to start with the maximum commission. Only large players in this market segment are able to afford the maximum allowable commission.

To create an exchanger site, you will need a good programmer, and paying such a worker will not be cheap and will cost you several thousand dollars, but you will get a really high-quality exchanger that will have reliable protection. This is a rather expensive option, but it will help save a lot of time.

The programmer will be involved in writing the script, creating the design, and this will also include hosting costs. However, despite the investment, opening an electronic money exchanger is quite a profitable business, and the income will depend on the popularity of the service and the established percentage.