Starting my own exchange 🙌

[Mfe 109]

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 dream 

[teebasas 3018]

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.

[Nonahassan 915]

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

[Ali Rao 161]

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

[Parvez627163 96]

Starting your own exchange is no easy task. For this you need to interface between your youbit and the developer.

[Whited35 15285]

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. 

[Litigate1950 11]

You don't need to start your own exchange, I think, but if you do it. 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.   

[Maya20 1048]

 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 “It 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. 

[Shadi29 871]

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  You must earn the necessary fame

[Mahmod aljarah 1383]

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

[Mohamedryad 287]

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

[Dwayne gold 51]

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.

 

[Yuangzee 83]

Firstly congratulations for  this. Am happy for you and secondly starting a new site all need a god experience and knowledge  but when we talk about digital world the term security and investors seems like first priority .

[Wael154 1134]

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.

 

[cheri farah 487]

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 luck 

[ammarkhkkh 753]

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.

[Rose5 916]

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. 

[LOLIA NAHHAS 339]

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.

[ragnard 449]

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

[Miraa 654]

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. 

[Majdyarous 157]

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.

[Alan Johns 258]

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.

[Ahmad 12345 71]

Make 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 things and think before starting your own exchange.

[Rutherford Adam 67]

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.

[mannbdul 562]

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.