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How do I start a cryptocurrency exchange platform like Binance?


elenawilliamson
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In the last few years, the crypto & blockchain space is getting a drastic boom. The evolution creates lots of business gates such as crypto exchange platform, Payment Gateway, Wallet & many more for all budding startups & entrepreneurs. In that, many business enthusiasts are willing to start a crypto exchange like Binance. Do you know why? Because All we know Binance is one of the well-known crypto exchange platforms in the crypto exchange industry. In the pandemic situation also, they’ve generated $900 million revenue in the year 2020. Year by year they generate more revenue through their various revenue streams. This is the major reason many startups/entrepreneurs are interested to start their crypto exchange like Binance. But they don’t know, how to start a crypto exchange like Binance? No worries, Here is the simple roadmap that helps to launch a crypto exchange like Binance.

10 Simple Steps to Start a Crypto Exchange like Binance:

  1. Do some market research
  2. Determine the operational region for starting a crypto exchange business
  3. Choose the type of crypto exchange
  4. Design the architecture of the exchange
  5. Hire a legal team of counselors.
  6. Identify the best cryptocurrency exchange script, provider
  7. Partnership with the leading payment processor
  8. Ensure to have strong security features
  9. Do beta testing
  10. Have a customer support channel

If you follow these simple steps, you can easily launch your exchange platform like Binance.

I hope the above information is useful for you.
 

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