Starting my own exchange 🙌

[Soaib khan 1035]

I think for creating own exchange need big amount for investment or need teams for increase your users you need to promote your exchange trough big investers or youtubers.

Edited February 24, 2020 by Soaib khan

[Usman Abdulmumin 354]

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?

You try sir I never have thought about creating my own exchange you must be a programmer bro that nice one I wish I have a people like you in my life. 

[Ionescu 115]

You will surely need a lot of money to open your own exchange. I think at least 50.000-100.000$ is required in order to do that because you will have to pay for a lot of things at the beginning 

[Jutt 0]

its very hard and potential work for you. so if you want to work done then your capital is more then your thinking

[Rifade01 6]

It requires exceptional capital.  If you consider creating a center text trade, you get about 500 million USD.

[AmjadBydn 0]

If you don't have enough experience doing this step don't do it! They need a dedicated staff and also need a security team to make the site safe! Consult with specialists before doing any work

[BitcryptoHan 2557]

To start an exchange, you will have at least  7 bitcoins to have a website supported exchange without apps for it. 

[Shahud 1319]

if you want to start your own exchange then you should have ability to do it and also you should have a good dedicated team with trading and developing moderating experience .starting a exchange is not that much easy.it requires a number of persons with exchange working background

[Whited35 15285]

To start your own exchange you need all the programming language and you should be familiar with all the technical terms. You also needs the huge amount of money to arrange the security features for your exchange site otherwise it might get hacked. 

[Robert M. Gervais 19]

If you want to launch an Exchange site yourself, you need to have a lot of experience If you are not experienced in all areas then you cannot manage a single site, your site has to be good marketing for speed, design, and delivery to customers,  Plus you need a lot of capital, you have a lot of capital, and a team has to manage the site.

[jamesvince 2389]

This is only dream of you because you can't start your own exchange because there is already more then four hundred exchanges of crypto market and new one need huge capital and also lead by professionals.

[doanvahauvk 34]

popular of crypto party seller require a large amount of money to sell cryptocurrency reception. It is very difficult to find these crypto exchange. therefore you would flexible your own crypto party in one or two years.

 

[Lover840 0]

Hello my dear friend. First of all i would like to wish you all the best for this. But i can't help you as i dont have any idea that what it takes to our own crypto currency exchange. 

[Ionescu 115]

Firstly I wish you all the best with your business.

For your issue, I think it is mostly a work that should be done by a coherent team (web developers, crypto experts, support team).

For the cost, I can't give a certain amount, but what I know is the higher the amount, the better it will be for your business

[gkapoxm 84]

If you have the team, the money and the investment to start a exchange, it should be ok. But its not for anyone since trust is essential.

[Hassanali 22]

I recommend joining a project or startup. If you are good at programming then participate in building websites or other things as you can. If you create your own exchange, you will face many difficulties and challenges against reputable platforms like today.

[bentayebsalah 2280]

It is necessary to draw a plan for everything before opening your exchanger and you need a team of workers, as well as a good capital and the larger the better.

[cryptoya11 479]

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?

You can check the available balance panel in every crypto exchanger site. So no minimum capital you need to store it in crypto just hold the crypto that you aded them in your website. And get api to check your balance every moment. But if you want my opinion i think minimum of 1000$ require to make people honest the exchanger. Collect info from youtube about your idea. There are many people can help you. Very good to hear this idea💝👍

[Rares002 262]

I think that you are necessary have some hundred thousands dollars because it`s too hard to start your own exchange in modern world. Also you could create IEO and receive some money, but firstly you need to find good programmers team

[Honny143 13612]

You really want to launch new exchange its real are want attention from forum members, I really don't no but this proposal is real then try invest huge money, because now a days so many exchange gives bonus if any one join in new exchange, so you also do same and gives so much publicity in you tube and other websites, give so many offers and discounts then your exchange got good identity in crypto market.

[Fedor00 74]

You are planning to launch your own exchange but you don't even know how much money you need for that? You should do some research and find out from other exchanges how much money it coated them to open their exchanges 

[BitcryptoHan 2557]

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?

All you need is influence and capital. You also need good location. Like you need to establish it in countries that really support cryptocurrencies. 

[magd 5231]

We hope this works for you, but my friend, it is not so simple, because you need a large capital that exceeds 2 Bitcoin in order to open the way for investors to buy other currencies and sell within your platform, and this amount is for a regular platform. If you want to shine, you need much larger amounts.

[Ms.o 3322]

Before i also got curious on how much would it cost if i start my own crypto exchange,and from what i read,it costs aroun half a million dollar,which includes the cost of technology,initial advertising and those papers needed for that.

[AkaCrafterCZ 1140]

You're the first person I see making an exchange. All I can say is good luck! Find a good team and most importantly secure all the wallets. Make sure to share the link with us once it's done and working!