How to Start a Cryptocurrency Exchange: Steps and Processes
The cryptocurrency market has seen exponential growth since the inception of Bitcoin, the first cryptocurrency, in 2009. Today, there are hundreds of cryptocurrencies and millions of users worldwide. With the market projected to reach 107.30 million users by 2025 and an average revenue per user of $61.5 in 2024, starting a cryptocurrency exchange offers a lucrative business opportunity.
In this guide, we’ll explore everything you need to know about creating a cryptocurrency exchange, from understanding its mechanics to the costs involved and tips for success.
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