make it below 3% imo.
open to invest in the exchange BR too.
next step is opening LTC + ETH BR investment opportunity if I am not wrong?
I used to run an exchange bot on the site. I was losing money because of the exchange rate fluctuation. You're asking too much for the service being provided.
When I think of an exchange bot operating I think of this process:
Someone wants to exchange BTC for LTC.
The bot quotes the rate at your favorite exchange subtracting a 1% fee.
They give you BTC for your LTC and then at the same time you buy back LTC on Binance/Bitfinex/Bittrex and pay at most a trading fee of .25%.
You code the bot to do that instantly, once they give you the BTC, and you lock in a certain profit every time.
3% seems excessive to me, so I hope ethan doesn't mind if others come in and compete with that exchange rate.
Dude this process isn't easy as you think you first need funds on both the sites first on the exchange and then on the site
Second how many people will actually use this exchange as you know most people on gambling sites just abuse the faucet system and try there luck this would simply waste funds it's better to start a new exchange rather than doing so much hardwork