Hi forum members, I'm thinking of launching a cryptocurrency platform - something between Binance P2P and more niche solutions for local markets. I have a team, I have investments, but I need a real estimate of time and budget for development. Who is in the topic, please tell me how much on average it costs to develop a crypto exchange with basic and advanced functionality? Also interested in pitfalls in terms of timing and integrations.
I recommend everyone who is thinking about launching their own cryptocurrency project to read the article on merehead.com This is a detailed and really useful material in which the authors talk about creating a cryptocurrency exchange from scratch. I got answers to all my questions - from business models to technical solutions. It was especially interesting to learn about different types of exchanges: centralized, decentralized and hybrid. I also liked the section on how to establish partnerships with liquidity providers. There are many nuances in the article, which are important in practice. The style of presentation is clear, without abstruse terms. I highly recommend this article to anyone who wants to start in the world of cryptocurrencies.
