I want to open my own e-currency exchange can you help me how?

@bulastika (5967)
Philippines
January 18, 2010 8:27am CST
Guys I want to open an e-currency exchange but I don't know how. I don't even know if its legal or not. I want to start as e-currency exchange then later on I will put it as the first online bank.. The pure and only bank that do online business.. .. What an imaginative ha? .. Just a dream. But its nice if I can make it a reality. Don't you think?
2 responses
@sanjuks_j (193)
• India
18 Jan 10
gud idea. please keep this as my application to open a branch in my city. anyways i think first you should study about western Union money transfer to gain some knowledge.
@jane239 (521)
18 Jan 10
I think you'll need to do a lot of research before attempting anything like that. You would need a fair bit of money behind you and there would be licenses that you would need to obtain. I think there is a bank called Egg and they only operate online along with a few others. It would be worth finding something out about them and how they started.