Hey, startups/Entrepreneurs! If you have an idea to launch a crypto exchange like LocalBitcoins, Coinbase and Binance, then you should focus on a prominent factor which is the cost to launch a crypto exchange. While talking about the cost, it majorly depends on the development type of the exchange.
The crypto exchange can be developed in 3 ways
Open Source - Starting a cryptocurrency exchange from open-source code does not involve spending more money. But the risk is very high because open source code is easily hackable, and the essential trading & security features will not be available.
Development From Scratch - Developing a cryptocurrency exchange from scratch will require a highly skilled team of blockchain developers. It takes more time and energy to develop a cryptocurrency exchange. The cost to develop the cryptocurrency exchange will be around 50K USD to 100K USD.
Cryptocurrency Exchange Clone Script- Cryptocurrency Exchange clone script is a predesigned & tested script. With this clone script, anyone can kick start their cryptocurrency exchange like Coinbase, LocalBitcoins, and Binance in 7 days with all essential trading & security features. The cost to start a cryptocurrency exchange business with the cryptocurrency exchange clone script is around 7k USD to 12K USD. It may vary according to your business needs but will be in the affordable range.
Based on the above development types, a smart entrepreneur will definitively choose the cryptocurrency exchange clone script to launch their exchange because of its affordable cost, quick deployment, and customizable facility.
To have deep insights, you can refer to this blog titled “cost to start a crypto exchange”
After knowing about the benefits of cryptocurrency exchange Clone Script. If you are interested in buying the cryptocurrency exchange Clone Script, then reach out to a trustable clone script provider who offers a bug-free script with complete customization facilities for your business needs. I have recently come across CoinsQueens. They have been helping many crypto startups and entrepreneurs with their best-in-class cryptocurrency exchange scripts at affordable costs.
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