How to Make Money Online with Digital Gold

• 1). Learn and understand the basics of how digital gold works. Rather than making deposits and withdrawals directly from your digital gold account, the gold is bought or sold through an exchanger. An exchanger is a company or person who either has digital gold to sell or wants to buy gold. Professional exchangers provide both services to gold users. Becoming an exchanger is the shortest path to profits with digital gold.
  
  
• 2). Raise the investment capital that you will need to start an online currency exchange. Those who can raise a significant amount of investment cash can start a larger-scale operation, but even raising an amount from $2,500 to $5,000 will allow you to start buying and selling digital gold for a profit. Personal savings, loans from friends and credit-card cash advances are popular ways to raise the money to start a digital gold business.
  
  
• 3). Conduct research to determine which digital gold platforms currently have the highest demand. These can change over time, so it is best to read gold investment forums to see what kind of digital gold people are buying and selling the most of. Identify and select the top five digital gold options on the market for your initial launch.
  
  
• 4). Open an account at each of the digital gold platforms you will be working with initially. Make a small deposit into each account using a third-party exchanger. Keep your starting deposit small. You want to buy only enough gold to have some available when a customer wants to purchase digital gold from that platform. You do not want to make too large of an initial purchase, however, because it will add to the profits of an exchanger you will be competing with. Most of your deposits should come by way of customers who are looking for an exchanger to cash out their gold account.
  
  
• 5). Consider using a currency exchange software program to automate part of your business operation. Most currency exchanges are processed manually, but there are software programs available for those who want an automated system. These programs typically extend their functions beyond buying and selling gold, and also offer the ability to perform currency-to-currency trades and various other transactions.