Given that forums can stop paid programs at anytime without prior notice, don't you think the exchange business on forums is a very risky business for anyone to run?
From the bizdustry experience, should someone do exchanger business on paid forums?
- Thread starter Niyi Briggs
- Start date
I don't think that I would advise anyone to. I have a close friend here that had a terrible experience running exchange on that same bizdustry. He lost so much money.
So you that does exchange, are you not taking a risk? Or you have measures in place to make you not lose out if the site goes down? I wish you all the best. I can't try it at your level.
I can imagine this is not the best time to run exchange through cryptocurrency. Why don't you try doing most of your busineses with USDT. It is more assured.
So many people lost money doing exchange business on forums. There was one guy here that I heard in forum coin that bizdustry banned him and stopped him from withdrawing after doing exchange and accumulating many biznotes.
I do not think exchangers were denied payment on Bizdustry, only those who did not have a VIP membership were unable to receive payment. I have started exchange on RIF and I do not think there is any risk from the admin.
Yes, that's right, it's a risky job. You shouldn't do that, unless it's on a really stable forum like RIF. There may be some who need to withdraw it in a payment system other than Paypal, because Paypal doesn't work in their country.
- Thread starter
- #16
I think the outlook of the admin as it stands is clearly positive. I run small exchange here too but I don't go in too deep as I can't risk it all. It is a dicey affair.
I believe so much in RIF and I think it would not go down but would steadily increase. No need to be afraid of running your business.
I believe so too and admin is a trusted person so we can keep working without even worried