Starting my own exchange 🙌

[Nakamoto 279]

6 hours ago, Niraiu said:

The capital you need is possible to buy hosting, domains and pay for other needs as to care for your exchange site to be safe and convenient to trade

Not that easy, friend. Many factors must be taken into account and you must have extraordinary hosting because you have to run multiple nodes. Security issues also become important. People don't want to trade in unsafe places.

[George10 9932]

Starting an exchange company is not that easy as you might think and it requires a lot of money other wise your exchange might turn into a scam or not succeed any way best of luck there my God give you guidance so that you might succeeded in your project and I would be glad one day in future to carry out an exchange on your platform..best of luck once again.

[Rickso 768]

On 10/29/2019 at 6:59 AM, Luciferludz said:

Guys I'm planning to launch my own cryptocurrency exchanger site in the future. So I wanna ask how much capital should  I starring with in order to success my business without an crisis?

creating and exchange will cost you a lot of money, because you need to create the exchange, you need to upgrade it constantly, you need to pay person that help you, you need to pay for advertising , you need to pay to be a regulated exchange and a lot more. is not easy at all

[iloveyobit 6599]

12 minutes ago, Citygate said:

conversation you don't necessity any better capital, since you wont be the one advertising or business significantly third element role who is performing arts like and escrow.

 

Yes, and from it I think that this is not worth it, because everything is complicated and no one guarantees that your platform will compete with the largest platforms that have millions of dollars.

[Cr7seven 24]

It is a good and nice idea but you need allot of cash to start such project in the Cryptocurrency community and again some experience

[Mamun100 42]

Starting your own exchange is not very difficult, but the main thing is that you have to promote it and so creating a picture of your exchange is a very difficult way in the current market. Thank you.

[iloveyobit 6599]

3 hours ago, Muhammad Afrasiyab said:

yes i agree with you it will take a huge amount of investment in this initiative but if you are really determined then it is very good step in the future for all of us

Yes I do not know if the owner of the publication is serious about the currency, or is he just asking, but if you are serious about creating your currency and making it competitive with other currencies, this is easy.

[Apple 202]

The idea of a new exchange right now is a bad idea because we already have hundreds of exchanges. Right now what we need is the use of bitcoin and other crypto.

[feitiodist 5]

On 16.02.2020 at 04:34, chanri said:

Yah truely, i receive we're speaking round area like changelly and shapeshit, in case so that doesn't require a greater capital because it's now not the region this is presenting but the customers are the only, you're truthful there to partner them.

Stari an change isn't simple guy. You would like to be monetary regular and willing to require the risks regarding exchange management.

[hamo86 214]

you need a big capital to build trusted and secure site
the site itself may cost you more than 10 K dollars also you need a capital to fill your site 
look I do not think any one will leave the famous exchanges and go to new one to exchange his money 
if you have a good capital try to invest in trading but you need to know the rules and basics first 

[guatazoo 7150]

49 minutes ago, Selina Hossain said:

You have to spend a lot of money to build an Exchanger website. You will need a good team and some very good investments.

A good development team too, to insure security is been improved everyday, which is going to be even more expensive.

[BitcoinTurk 207]

If your goal is to provide brokerage services, you will not need much capital for this service.  but if your goal is to create an Exchange service literally, then you will need a large amount of capital.  both the costs of the service and the software are very expensive.

[Anifa345 14]

Exchanging may be complicated for you 

You also need a huge amount of capital as well to start exchange. It also may include risk. You may also use link for this purpose as well.

[campbage 13]

On 18.02.2020 at 11:17, zamapold said:

Having a discussion escort a quantity of afford, you will poverty to bear bags of currency to provide as an insurance, specifically in problem impressive goes in the wrong and moreover a mild lineup to lane the platform.
 

Having a change take a parcel of manage, you will need to have parts of money to serve as an protections, truthful in case something is going off-base additionally a fantastic group to run the degree.

[lgatabcan 6]

On 18.02.2020 at 11:27, erinly said:

With this, starting your own exchange business, is not just about having a dream. instant e-currency exchange. Well, then I will ...

Starting your claim trade isn't simple, you may require blockchain designers to be able to interface your exchanges with the so numerous cryptocurrencies online that you just will want to support and this will cause alot of cash additionally you'll have to be have a few cash to begin up with for support and so numerous other things, I will say to begin an trade you may require over 20k usd.

[AFB 19]

Personally, I think it will not be easy, perhaps more than 100,000 dollars for an exchange that may still be less, and security must be maintained so that clients ’funds are safe.

[BitMart 326]

10 hours ago, nairesvi said:

A great group is required and got to invest more cash, once you are in misfortune too you wish to work together with your claim stores. Make beyond any doubt you wish to secure the depositor stores so that no one can trick or hack your cash.

This is point which here most of members not understanding this is not a easy job you need very good and competative team with very skill full peoples and its need some good funds in backup also because now competition is already very tough security and other features also need some good intention this cannot happen in one week or one month this can take very long time.

[Cr7seven 24]

On 11/7/2019 at 12:32 PM, yifnt said:

The capital you need is possible to buy hosting, domains and pay for other needs as to care for your exchange site to be safe and convenient to trade

To be sincere to start such project an individual required allot of money in his account and also some experience

[Gg233 1061]

I think to have you own exchange is not can only build by one person because it need Million capital to start and also you spend for advertising and also give away money so think twice.

[Hanan951 841]

On 10/29/2019 at 7:59 AM, Luciferludz said:

Guys I'm planning to launch my own cryptocurrency exchanger site in the future. So I wanna ask how much capital should  I starring with in order to success my business without an crisis?

You need a coin for the exchange and money and alot o people to work with you that for a start you know . Good luck.

[Jessica Karren 1242]

To launch your own exchange you need good amount of investment and you have to build the confidence of users in your exchange. Wishing you best of luck

[Roomi 1119]

On 10/29/2019 at 10:59 AM, Luciferludz said:

Guys I'm planning to launch my own cryptocurrency exchanger site in the future. So I wanna ask how much capital should  I starring with in order to success my business without an crisis?

The major need of starting an exchange is to provide asurity about 100% security of funds to the people. It is very difficult to build trust in users of crypto currencies due to high ratio of scams and frauds.

[Engineer 5]

Starting of new exchange is I think not legal without the permission of relevant crypto talk website or company owners which are authorised to give permission. 

[gabriel gonzalez 60]

¿Para poder tener un sitio de intercambio que cosas se necesitan o que recursos se deben obtener? hay que tener un capital para poder empezar un sitio de intercambio para poder hacer que se haga reconocido?

[Luciferludz 1442]

10 hours ago, sandysoo said:

You will need a lot of money to start working because you need a platform that has a high protection system in order to preserve the funds of traders and I think that it is necessary to do an in-depth study and consult the experts

And also this businesses while it started it will need many investors to risk their money by investing and waiting for the site to start generating profit