How you can launch your crypto exchange quickly

o48o

legendary

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Quote from: AllenWatson on July 12, 2019, 06:50:40 AM

Hello everyone,

I found this interesting article that explains how you can launch your crypto exchange quickly with cryptocurrency exchange clone services . What do you think about this? Does this give new entrants a competitive edge? The link to the article is below if you wanna read it.

https://www.antiersolutions.com/launch-your-exchange-quickly-with-cryptocurrency-exchange-clone-services/

A competitive edge? No. If someone is so unoriginal or inept that they have to clone a site instead building their own, what edge would they have? How would they respond to problems when they didn't even have skills to build the site themselves? It's a perfect model only for exit scammers.

VDraci

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Launching a crypto exchange quickly will lead to garbage exchange, it take years most times to get an exchange fully running, there are many things to always patch up to avoid earlier hacks, if you are not up for this do not try building an exchange before you land yourself in trouble

No One

jr. member

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I have long been thinking about opening my own cryptocurrency exchange in a bid to provide reliable, trusted, easy and fast crypto exchange. I am in contact with some investors as well. I have a strong group behind it. So thinks for this information which I believe will be helpful for me. Thank you again.

lixer

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Cryptocurrency exchange clone services? Are such things even reliable? I have seen a few people in this forum that claimed to be offering such services of letting people create their own exchanges on their hosted platform. To me that doesn’t make any sense, anyone that wants to create and run their own exchange and using a hosted server is just wasting their time. If you can’t afford to setup your own and also build a very secure platform and invest seriously into it then you should just forget about it.

We are already tired of the lots of exchanges that are filling up the internet today and majority of them are scammers, and only a few of them are legit.

semobo

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Quote from: sana54210 on January 15, 2020, 09:41:40 AM

Quote from: semobo on January 15, 2020, 03:40:57 AM

Launching exchange is nothing but creating a website but not everyone could do that since it has privacy and security concers.If you are in need of services to create your exchange then I suggest you to not to create one.

There is actually no benefits in creating an exchange. How can OP feel that creating an exchange would be that easy? Also he would need some house profits to first start regulating the exchange which would never be an cheap thing to do first. Also an working of an exchange is too complicated and a real strong source code is required behind each working exchange. How can OP just simply copy an existing exchange and mold it into his own exchange? Which coins would get listed over there?

Mostly dead or ponzi coins I should guess because the volume there would too be the minimal. A strong promotion team is required behind an exchange so that they could spread the awareness about the exchange globally and could generate a appropriate traffic onto the exchange.

Exchanges are making in billions every year so people can see it as business opportunity,but the fact is not every exchange can make that amount of profits.New exchanges need lot of capital to promote their site and get traffic from investors and project team to make profits.

tbterryboy

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Quote from: AllenWatson on July 12, 2019, 06:50:40 AM

Hello everyone,

I found this interesting article that explains how you can launch your crypto exchange quickly with cryptocurrency exchange clone services . What do you think about this? Does this give new entrants a competitive edge? The link to the article is below if you wanna read it.

https://www.antiersolutions.com/launch-your-exchange-quickly-with-cryptocurrency-exchange-clone-services/

You need to understand that there are a number of exchanges already which have been accumulated a number of investor's capital. Peoples hardly trust any new exchange these days as most of the newly launched exchanges have been only used for scamming peoples so that does not really attract investors or traders to trade on any newly launched exchange.

If you are successful in creating an exchange then how would you manage to gather traffic onto your exchange? You basically would have no profits by launching an exchange if you do not have any users onto the platform so first you should think on gathering some public attention and than start developing the exchange.

DU18

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Create an exchange certainly has its own difficulties if indeed we do not really understand about internet technology and also the Cryptocurrency work system, let's say you have succeeded in create an exchange then how can you convince others to trade in the exchange that you have create? , of course things it will not be easy to do especially we know recently the number of exchanges that are more scam and deceiving its users so, it will certainly be very difficult for you to develop your exchange because people will prefer an old exchange and have a high security and trust system by current public.

sana54210

legendary

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Quote from: semobo on January 15, 2020, 03:40:57 AM

Launching exchange is nothing but creating a website but not everyone could do that since it has privacy and security concers.If you are in need of services to create your exchange then I suggest you to not to create one.

There is actually no benefits in creating an exchange. How can OP feel that creating an exchange would be that easy? Also he would need some house profits to first start regulating the exchange which would never be an cheap thing to do first. Also an working of an exchange is too complicated and a real strong source code is required behind each working exchange. How can OP just simply copy an existing exchange and mold it into his own exchange? Which coins would get listed over there?

Mostly dead or ponzi coins I should guess because the volume there would too be the minimal. A strong promotion team is required behind an exchange so that they could spread the awareness about the exchange globally and could generate a appropriate traffic onto the exchange.

Coltpython

member

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Now, why would you want to launch another crypto exchange? The number of exchanges we have today is too much and its silently killing trading volume for many altcoins.

semobo

full member

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Launching exchange is nothing but creating a website but not everyone could do that since it has privacy and security concers.If you are in need of services to create your exchange then I suggest you to not to create one.

mcnocon2

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That is the problem why many people develops their own exchange so quickly then announce it on the community. That's why if I've seen some projects that are offering their exchange I don't really care about them. We have so many exchanges currently running and they are all doing good at the moment. They keep on competing to be on top and I think that's why there is no new exchanges that succeed right now.

BitcoinHunt3r

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Quote from: Beparanf on January 14, 2020, 04:35:55 AM

Quote from: BitcoinHunt3r on January 14, 2020, 02:00:00 AM

There are a lot of exchange that use ICO and end with closed services. I think open exchange is not simple that it looks because maintain cost will need a lot of money too, and if people can be easy like that to open exchange with clone system, it will be bad because people with money can do that, and each people's purpose is nobody know.

It's too complicated that it needs to be as smooth as easy to use yet still have the security needed by the users. It's not a simple coding to be done but also a proper management and support system. Even we create new product but if it's not made by someone who have background and with vivid knowledge in trading and development, no users will use it.

It is right and happen to some people around my community, NusaX or maybe Futurax exchange project that really hype in my country closed, and it all because funds problem, or maybe not good management and now they closed their services.

princecharles

copper member

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It's rather unfortunate that cryptocurrency exchange could be established by using a clone. It shows that some of the exchange we have in the space are operated by clone and are easily converted into scam exchange. I'll enjoin everyone to be very careful when choosing an exchange to trade.

fuer44

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yes, all of that is an important part when launching an exchanger, especially liquidity. I consider this liquidity very important because that is what will determine whether the exchanger will get many users or not, get a lot of trading volume or not. because the exhanger is not just about the token that will be listed there, but how much is the exchanger's liquidity.

Beparanf

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Quote from: BitcoinHunt3r on January 14, 2020, 02:00:00 AM

There are a lot of exchange that use ICO and end with closed services. I think open exchange is not simple that it looks because maintain cost will need a lot of money too, and if people can be easy like that to open exchange with clone system, it will be bad because people with money can do that, and each people's purpose is nobody know.

It's too complicated that it needs to be as smooth as easy to use yet still have the security needed by the users. It's not a simple coding to be done but also a proper management and support system. Even we create new product but if it's not made by someone who have background and with vivid knowledge in trading and development, no users will use it.

desticy

sr. member

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The key to success of the exchange is only in the quantity and quality of its users. Without a proper marketing company, it will be quite difficult to realize the potential of your platform.
In addition, it is necessary to provide a sufficient level of liquidity for all trading pairs, which is far from always a simple task for a new exchange.

secone

hero member

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Quote from: AllenWatson on July 12, 2019, 06:50:40 AM

Hello everyone,

I found this interesting article that explains how you can launch your crypto exchange quickly with cryptocurrency exchange clone services . What do you think about this? Does this give new entrants a competitive edge? The link to the article is below if you wanna read it.

https://www.antiersolutions.com/launch-your-exchange-quickly-with-cryptocurrency-exchange-clone-services/

ofcourse you can use that's service, but for security issue and maintenance planing, i recomended you to build your own team.
if you use service from someone you must know how secure he created your application, and for handle daily operation you need Programer/IT team for security reason and operate everything.

BitcoinHunt3r

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There are a lot of exchange that use ICO and end with closed services. I think open exchange is not simple that it looks because maintain cost will need a lot of money too, and if people can be easy like that to open exchange with clone system, it will be bad because people with money can do that, and each people's purpose is nobody know.

JeotQ

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Using crypto exchange clone services won't do you any good, you have no experience in the field and because a clone service can deliver a ready exchange for you doesn't mean you can handle anything, good exchanges requires experts in the field, you have to build a qualified team

meleonk

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Well I do not know. It seems to me whoever says this is not such a simple process. Before my eyes there were a lot of projects where companies tried to create their own exchanges. And 99% of them failed. This is a very complex process that requires a lot of effort and a large team of specialists.

Topic: How you can launch your crypto exchange quickly (Read 275 times)