Crypto is becoming legal in my country! Any business idea? - page 2.

jrrsparkles

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Quote from: ?? on ??

Crypto is a "lazy" process but you are lucky to have it in your country

Many countries already recognized the existence of crypto currencies but they are really not sure about regulating it or just banning it because not much people in the old class is going to understand about crypto currencies.

Seems OP not much active but its already the September.

Ohmfeex

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Business ideas are beginning to accept currencies in the markets and shops, you can create a service activity and start accepting digital currencies.
If you are an investor or want to invest, now is the best time because you can withdraw your money and deposit it with the bank with the payment of taxes and without problems.
Investors ’activity in your country will increase if you reduce the taxes imposed on coding, and the shops that accept payment in cryptocurrencies will decrease.

Shasha80

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Congratulations to the citizens of Albania, with cryptocurrency legally able to calmly conduct transactions with bitcoin. A lot can be done when
cryptocurrency is legal, the best is certainly making local exchanges. Provides exchange of cryptocurrency with your country's fiat. Or you can
make a cryptocurrency training course, this is also a profitable business. If your capital is small, you can open an online shop with cryptocurrency
payments.

Darkuso

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Probably an exchange or a payment platform for business, this last one can be very profitable because some stores could want to be able to sell on crypto but not keeping it, so they would like to receive the fiat right away, you can add a % as your fee for each sell, keep the crypto and transfer them the fiat at the end of the day. That is also easier for them since most people still do not want to manage wallets, keys, etc.

Oilacris

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Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!

Thats good news for you since you wont be bothered since its already legal in your place.

Talks about what kind of business? Then it would depend on you on what are your interest on neither you would create a shop that do accept bitcoin or make p2p lending.

There are lots of business that you can think of, you can even integrate btc payment with traditional investments that we know for.

Since its being legalized then always mind of on how to pay up taxes. Grin

FlightyPouch

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Quote from: tech72 on June 02, 2020, 12:50:44 AM

Crypto exchange, for the local.
But be prepare with bunch of legal documents that you need to provide. Grin

I think this is also hard since you might be talking to someone that has no idea or no experience in managing an exchange let alone securing the whole thing. You need a team for that and that also means that you need a fund, a big fund to start that. If you can do it, if you can afford it then I also suggest or recommend this idea.

The cure

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Congratulations and I'm glad to hear that your country accept and see the value and importance of cryptocurrency. You can try crypto exchange, and services using crypto or open a store that accepts crypto as payment, to introduce as well to those who didn't know about crypto and use it in their daily lives to buy their stuff.

wozzek23

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Another one that came to my mind would be crypto payment processor for online companies (or regular companies as well). You could have a website where people could pay with bitcoin anywhere they want, the seller will receive fiat like they always did, but the buyer will be able to pay in bitcoin. Being in the middle means you could charge a fee for it as well.

I do not think it could make millions of dollars without proper marketing, but if you can get it going, think of it like paypal but for bitcoin to fiat conversion for the business'. That way companies could offer bitcoin to whoever wants it, since they are getting fiat anyway, it won't matter to them what people buy it with, hence it could work for you. I don't know how hard it is to build something like that but I am sure its costly.

go1lo2va3

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Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?
Thanks!!

Personally, I don't believe that you could make a good crypto business if you hadn't one ever at all.
However, you could partner with an existing company - offering them to open some sort of crypto department (wallet/exchange or whatever), you offer exactly legal reistration of their department in your country where it will be legal at the time.

bits4books

sr. member

Activity: 854

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Crypto is not a religion but i like it

That is

Quote

hi I'm Albanian please give me a working case thank you

right?
So you are interested in a working case at once, not viewing the popularity of cryptocurrencies in the country, not the question of demand for such services, and not even the question of the reality of implementing a business on cryptocurrencies, but just a working case?
Good luck!

slapper

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Leading Crypto Sports Betting & Casino Platform

I guess that opening an exchange is a great idea when your country begins to legal crypto. The capital is not very huge and easily to maintain the work smoothly. My second idea is a payment gate which accepts crypto so that businesses and other people can use that gate to pay for whaever they want. However, this is more difficult because it requires many things such as policy, gorvernment approval, marketing, etc.
Well, just find the most suitable busuness for you. Good luck btw

abhiseshakana

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From Zero to 2 times Self-Made Legendary

Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!

As an export-import agent who usually uses LC (letter of credit) as a payment instrument & in my opinion LC is the safest instrument. If bitcoin is legal in the country and to encourage exporters and importers to make transactions using bitcoin, then you can offer surveyor services both for quantity and quality as well as the validity of import and export documents. And you can offer realtime video services when loading is done. You can also do the validity of data exporters and importers verification services in your country.

SARA ISLAM

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umachit.fund

Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!

If your government-approved cryptocurrency as legal currency in your country, then you can get a lot of benefits from it. You can set up an e-commerce site where you can sell products locally and internationally. Add cryptocurrency to the site along with various online payment methods. Hopefully, your business will be good. Golden Time will come if you can start using cryptocurrency completely independently and gradually get the benefit

coinfinger

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Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

The only business I know that you can do with cryptocurrency is the over-the-counter exchange. There are lots of people that do this business in my country. How it works is that they have their own exchange rates for both buying and selling. The extra money/fees they add on top every exchange they make is how they are making their gains. So, when you go to their office to sell or buy cryptocurrency, they will calculate it at that rate. Apart from that, I don't really know any other business that you can do with cryptocurrency. Unless you're just going to be accepting it as a payment like other comments here have suggested.

Take time to develop an end to end plans which covers all the things like problems and demand a business may face. When a solution is available in your document then you can easily tackle all situation over your experience. Good luck.

kolbalish

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Crypto Article Sharer!!!

Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!

Wow, Congratulations!
Coming to the point, you are searching for a business using crypto currency in your country. Many people here already suggested you to do business and you have got that idea from them.

I am suggesting something different that may help you to understand so many people to involve in crypto currency. Try for doing some campaign for your country by helping your govt. Firstly, try to seek that attention from the government the start it for the people in a limited ways. It will be appreciated by people also to involve with it. Then try to work with project and you will get help from your country people then.

lepbagong

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Quote from: Negotiation on June 05, 2020, 01:59:46 AM

I agree with you you are right it will usually depend on us If crypto were not legal in our country we could work on crypto with our own skills The government did not know anything However it has been good to be legal. There is nothing of looting here You can work independently in front of everyone But what you do will depend on your skills and experience You can start a job that you know well. Try to use your intellect.

what is clear if a country legalizes crypto is clearly the mutual benefits that will be gained. as a crypto user there is no fear of doing any kind of transaction on crypto, while the state can receive foreign exchange due to the income that the crypto user gets. even the state can take tax on the results of each crypto transaction.

CHENIEN

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Decentralized Ascending Auctions on Blockchain

Many people who have been influenced with BTC as digital currency for fast payment and prevent losing of data as a high technology for transferring the money ,aside from that unlimited transaction of digital cash is the most variable rates and security without any high tension with cryptographic design actually all active asset and investors have mist more bless and preferment with proper faceted,so if the crypto is legally sourced in your own site or countries definitely it's nice to be active I think you should learn more probability option for transferring the money to enhance your experience within your real business.

tvplus006

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To the Moon

Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

..Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what)...

I think we should first wait until September, when this law will be adopted, and study it carefully. No one can guess in advance what advantages the cryptocurrency will have in Albania and how it can be used in everyday life. I don't think it can affect the business in any way other than using cryptocurrency as payment for goods and services.

Negotiation

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I agree with you you are right it will usually depend on us If crypto were not legal in our country we could work on crypto with our own skills The government did not know anything However it has been good to be legal. There is nothing of looting here You can work independently in front of everyone But what you do will depend on your skills and experience You can start a job that you know well. Try to use your intellect.

Bezobraznike

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Quote from: pragna on June 02, 2020, 10:53:22 AM

Quote from: ruku@AL on May 26, 2020, 02:39:59 PM

-seen

I think this is fully depends on your countries rules and regulations about crypto market. Govt may fully open cryptomarket in your country or can make medium level so that there may be some restrictions. So better wait for govt rules and then take your decision as there are many sector for business in crypto market like exchanges, project development, social awareness site as new to your country..etc.

thanks.

Pragna I can't fully agree with you, it depends on country rules and regulations, but even more it depends
from what you know to do, what kind of skills you have. You can have all rules and regulations, but what
that means if you don't have a skills to really do something?
If you are good in something and that's illegal in your country you can move to another country where you
can make money with your skills. I think business idea depends more on what you know to do, than from
rules and regulations of your country!

Topic: Crypto is becoming legal in my country! Any business idea? - page 2. (Read 1344 times)