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Starting my own exchange 🙌

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On 10/29/2019 at 9:24 PM, Casinoval said:

Having a exchange take a lot of afford, you will need to have lots of money to serve as an insurance, just in case something goes wrong and also a good team to run the platform.

Yes friend i agree with you. By making thier own exchange then it required a huge amount of money and any other arrangements. Also a number of exchanges present which is also good.


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You will need a lot of fund  and resources to be able to start up your own exchange site. You need a lot of help from programmers that will design and develope your website and mobile application where needed so you have to be extra ready

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On 10/29/2019 at 9:24 PM, Casinoval said:

Having a exchange take a lot of afford, you will need to have lots of money to serve as an insurance, just in case something goes wrong and also a good team to run the platform.

Yes friend it is clear that making their own exchange is very difficult and it needs in a huge amount of money. There are already exists many exchanges. If you want to make then best of luck.

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First of all i appreciate you on thinking on a wide range about creating something at least
If you wana start a project of app or site then first of all get exact and proper knowledge about your work and become so expertise that you can persuade other people to come and trade at you site
And you also have to find some experts to corporate with you

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Starting of your own Exchange is not an good idea. And it will proved to be bad idea of all the times. Making of your Own Exchange will take some Time and as well as some of the Investment that is not Available. We should use only the Exchange that is the Yobit Exchange.

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On 1/4/2021 at 2:13 PM, 58gj said:

I feel that you are essential have exactly hundred thousands dollars since it's too difficult to even think about starting your own trade in present day world. Additionally you could make IEO and get some cash, however right off the bat you need to discover great software engineers group

The thinking of making new and thier own exchange is better its not an bad idea. Its an creative idea. But the step of making thier own exchange is difficult in starting. Its will be easy on later 

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 I do not like trading in forex, nor do I prefer to use leverage in the trading process, as it causes large losses, I think that beginners should be satisfied with spot trading to avoid big losses 

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It is not difficult to start your own exchange you need to buy few things like the script and some other staff and after you need to run it honestly that is all what you have to do.

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On 1/3/2021 at 7:00 PM, Jones33 said:

So succeed one also need good programming skills in order to protect his site from hackers because they have many techniques they use to attack people so that it also necessary my friend.

Hackers are indeed dangerous and for that one need to make the site stronger with good security system in such a way that only him can get access to it because hackers have different ways they can attack, not long ago they hack kucoin exchanger.

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If you want to to launch your own exchange you need to have the website and also you need to have some of the money in order to give withdrawal.

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This will cost money, like millions of dollars, also location matters, if you have exchange in USA and countries like Japan, the likely chance it will grow is very high but if you have it in Africa, it may not grow or grow slowly. The capital to begin exchanges now will be huge. 

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Hi friend, hope you are fine. It's good thinking if you want to launch your own exchange,but it's somewhat difficult as you have to built a strong network or a good team for your successful work and advertising. Also some amount of capital may be needed. But good to have thinking like this I support your idea with full attention.

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The great idea to establish your exchange but it difficult to manage its publication and management of the security  system.our best wishes with you.if you work hard and keep it up your struggle seek  more knowledge about exchange you will definitely get it.

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To begin your own exchange you needn't bother with any greater capital, since you wont be the one selling or purchasing rather third part individual who is acting like an agent.

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Do you have made any plans at all, or just decided that making a crypto exchange is something easy that you can make without having programming skills? Which languages do you have knowledge and experience to start programming the exchange? And how do you plan to have it running 24/7? You will need personnel you can trust, what about customer support, marketing and attracting clients? You will need a lot of money if you are alone and having nobody you can trust they won't just steal everything.

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You can start your own exchange but you need to know about currency promotion.Since we all know that we can make our currency easily and for free, it is not easy to run the currency. If you want to see your currency in exchange for any currency in the crypto market, you need to invest in it and it is trueI think you need at least 1.5 BTC to start an exchange. You need to hire some people to maintain the exchange. You also need some technical person to improve the exchange site. Your decision is good. I welcome your decision. But you need to work hard for the success of your exchange. The security of your site should be strict and your site should be promoted to reach everyone.

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Well there is a complications for this site if you want to take this things because when you lunch your own exchange site then you have to first build the team and trust for those people who are closed with you. Thank you and wish you all the good luck 

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This is a major dream so you need to begin enormous too,your own trade need part of cash and knowledge,you no one but you can't do that.so you need a group to begin with and nation to lunch your project good karma.

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to start your own exchange it requires one to prepare really hard and be able to understand exchange rate . it is far more beneficiary to own your own exchange . different people have been able to devise mean to own their own exchange and also provide a reasonable exchange rate.

 

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The truth is important to have knowledge and a team before having the money, everything can be programmed obviously the money is super important. But everything is first in the organization of knowing what to do at the time of any inconvenience and therefore know how to solve. Money is very important but knowing and studying is key.

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To create and own a exchange is one thing, to advertise it and publicize it another thing which is very harder compare to just own it. You can decide to buy the script for some few dollars and buy domain and hosting for also few dollars but to get users in is one thing hardest in any business. But just one thing could drive you huge traffic of users to your exchange which is airdrop. that is why till today and tomorrow yobit keeps doing free stuff all time to bring and keep her users.

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Thanks a lot .I appreciate your idea but it is a very difficult task to open a exchanger site. You have invest a huge amount of money there because I think most people used good exchange so most people used own exchange and don't any bigger to need capital.

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The main thing is to get all knowledge before you start your own cryptocurrency exchange. You also have good team for your cryptocurrency exchange management if you want to get success in cryptocurrency exchange field. It's also required good amount for investment but i don't know which amount is best for starting crypto currency exchange

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Hello my friend,, i think its complicated because you need much money to build a team and to publish your exchange and get a good community , but i wish you good luck dude.

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That's a good thing. But always remember that after changing yourself, your bad aspects do not stay inside you and you do the job well. Set goals and move on to goals. Good luck for your future days.

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