In recent days cryptocurrency is a buzz word, peoples are earning money from the cryptocurrency in different ways like some of them investing for long term investment, some of them doing day trade, & few them started their own crypto exchange platform. In these ways, crypto exchange platform is the safest method to earn from crypto. Because the service providers have no risk despite the market price go up or down. Let me explain here how to start your own crypto exchange platform.
The cryptocurrency exchange is a popular business in recent days. A cryptocurrency exchange is a platform where crypto enthusiasts and users can exchange, sell, and buy any digital assets. In the exchange time (Fiat to crypto/crypto to crypto) the exchange owner gets a small amount on a commission basis. In cryptocurrency exchange, you earn money not only in crypto trading, you able to earn crypto some other different ways like
- Margin Trading
- Multilateral trading facility
- Backend/infrastructure via API access
- Token Listing fees.
If you’re interested follow the given steps to start your own bitcoin exchange platform.
Steps to starting your own crypto exchange platform:
- Decide where to launch for business
- Get a proper license from the business location (It differs country to country)
- Ensure What type of exchange you want to launch (CEX, DEX)
- Find the best cryptocurrency exchange software, provider
- Connect your platform with a popular exchange for high liquidity
- Combine with payment gateway
- Go live via beta testing
- Implement bug-free & high security for our exchange platform
Cost to develop a crypto exchange platform:
Generally, if you are going to start your own crypto exchange platform the approximate cost would be 8k to 35k $. It may vary depending on our requirements.