Mfe 109 Posted January 22, 2021 Starting your own exchange will be a good step but working on it to have the best features that may drag people to it, and this may be a good move as it may enable you to succeed in life. This is actually a good dreamΒ Quote Share this post Link to post Share on other sites
teebasas 3018 Posted January 29, 2021 This needs a lot of expenses and you have to build a whole team. In order to draw users to it, you must also have something unique on your platform, since there are so many exchange sites that people can already use. Quote Share this post Link to post Share on other sites
Nonahassan 915 Posted January 29, 2021 Wow, a good idea. If you have the capabilities to do this, do not hesitate, because it is a very great benefit for you and other emerging projects, and it is also possible to help many people by reducing the subscription fees on your platform Quote Share this post Link to post Share on other sites
Ali Rao 161 Posted January 30, 2021 Well is this possible or not well i don't think so that? But as above mentioned you have to build your team first and investors who can support you and show there investment plans. Well my best wishes are with you thank you Quote Share this post Link to post Share on other sites
Parvez627163 96 Posted January 30, 2021 Starting your own exchange is no easy task. For this you need to interface between your youbit and the developer. Quote Share this post Link to post Share on other sites
Whited35 15285 Posted January 30, 2021 29 minutes ago, Hacker99 said: I think it will cost a lot to build a team and publish your exchange and you need a full technical team and a secure exchange with many others. Security of the platform, technical expertise, tech savvy staffs, sufficient funding, and cool cool marketing strategies are minimal requirements to initiate the own exchange sites. Regarding the cost, it depends on what sort of exchange you are about to initiate from your end.Β Quote Β Β Share this post Link to post Share on other sites
Litigate1950 11 Posted March 1, 2021 You don't need to start your own exchange, I think, but if you do it.Β It's not easy at all. You need a full technical team and the platform script costs in addition to the salaries of administrators and technicians. You need about 500 million users.Β Β Quote Share this post Link to post Share on other sites
Maya20 1048 Posted March 15, 2021 Β A good idea, but you need a good amount of money, and you need a programmer and developer, it is not that easy and also βIt is not impossible, if you work hard on yourself in order to develop your exchange and gain the trust of customers it will be good.Β 1 Quote Share this post Link to post Share on other sites
Shadi29 871 Posted March 17, 2021 My dear friend, I wish you and everyone in your own work, I think your project that you are presenting to us is wonderful and brings you very large profits, but this huge project needs a lot of money and needs an in-depth study of the idea and delegates worldwide and media promotion in order for people to know Β You must earn the necessary fame 1 Quote Share this post Link to post Share on other sites
Mahmod aljarah 1383 Posted March 20, 2021 t is hard thing to do because you need high capital of money, professional developers, many investors who control crypto world and a good and trusted team not to happen like kucoin which person from team has leaked private keys and 150 million dollars has stolen 1 Quote Share this post Link to post Share on other sites
Mohamedryad 287 Posted March 20, 2021 It is good to take a step like this. This is really great, but you must try to attract subscribers to your platform in order for your idea to succeed and this will only come through good currencies on the platform Quote Share this post Link to post Share on other sites
Dwayne gold 51 Posted March 21, 2021 This a sort of irrelevant to the forum because nobody in this forum owns exchange sites but after some exploring, I've found that exchange sites act as third party broker who have to build up association between seller and buyer in return for commission. Β Quote Share this post Link to post Share on other sites
Yuangzee 83 Posted March 25, 2021 Firstly congratulations forΒ this. Am happy for you and secondly starting a new site all need a god experience and knowledgeΒ but when we talk about digital world the term security and investors seems like first priority . Quote Share this post Link to post Share on other sites
Wael154 1134 Posted March 25, 2021 This is a big achievement someone making an exchange coming from this forum, i mean its great. so proud of you i hope this coming months or weeks i can see your exchange platform. Β 1 Quote Share this post Link to post Share on other sites
cheri farah 487 Posted March 25, 2021 I do not know about that too much but i yhink you have to have a capital to start a little company or few workers that can launch your exchange site and you need to lanch publicity for it too good luckΒ 1 Quote Share this post Link to post Share on other sites
ammarkhkkh 753 Posted April 2, 2021 I think you need more than a million dollars to start this project, and also you must plan well and that this project contains new services that are not provided by the rest of the sites, good luck to you, but I find that this is very difficult now. 1 Quote Share this post Link to post Share on other sites
Rose5 916 Posted April 4, 2021 Dear for it you need to more money and you should to make workers and give salary them and make your trust with people . And people should to use your exchange for buying and selling cryptocurrencies.Β Quote Share this post Link to post Share on other sites
LOLIA NAHHAS 339 Posted April 9, 2021 This is a really huge idea. I have no idea what capital it will require of you but it will surely be huge, Study it well before you start, I really wish you good luck. 1 1 Quote Share this post Link to post Share on other sites
ragnard 449 Posted April 13, 2021 it is very hard task to create your own exchange because you need a team to create your own exchange and you must be trustworthy and have trust score as well Quote Share this post Link to post Share on other sites
Miraa 654 Posted April 16, 2021 In order to open your own exchange you will surely need a lot of money. And when I say a lot I am referring to hundreds of thousands of dollars up to a couple million dollars if you want to be in the top and compete with the best.Β 1 Quote Share this post Link to post Share on other sites
Majdyarous 157 Posted April 17, 2021 I think that this project requires a lot of capital to make a really good exchange, because if you start with little capital, you will not succeed, and you also need a large team to be able to make good profits, good luck my friend. Quote Share this post Link to post Share on other sites
Alan Johns 258 Posted April 25, 2021 I don't have any information and knowledge about it that how much capital you need to start an exchange site and make it successful.But I think it is a very good and profitable idea if it get succeed. Quote Share this post Link to post Share on other sites
Ahmad 12345 71 Posted April 26, 2021 MakeΒ sure you need to secure the depositor funds so that no one can scam or hack your money. In these days we saw a lot of exchanges are closed so learn from those thingsΒ and think before starting your own exchange. Quote Share this post Link to post Share on other sites
Rutherford Adam 67 Posted April 27, 2021 Yes dear this is not a bad idea I think we must start our own currencies to other this is not only profitable for us this have more safe and secure as compared to use of sites and wallets. Quote Share this post Link to post Share on other sites
mannbdul 562 Posted April 28, 2021 You'll need a stronger team and more resources to spend, and you'll have to deal with your own money if you're losing money. Be certain that the depositor funds are safe so that no one can steal or hack your money. We've seen a couple of exchanges closing recently, so take note of that and think about it before beginning your own. Quote Share this post Link to post Share on other sites