All about Crypto Exchange Development.
                     All about Crypto 
Exchange 
Development
Cryptocurrency 
• The economic world has changed drastically with the 
introduction of blockchain technology and cryptocurrencies. The 
popularity of cryptocurrency has reached its massive peak.
Source: Hackernoon
Why cryptocurrency exchange?
• As mining has become difficult, ICOs have huge competitions and 
volatile rates, exchange services are now in the spotlight. 
Continuous growth of coins has increased demand for exchange 
services.
Source: em360tech
Types
• Exchange types are regular exchanges, which is the traditional 
method of trading, peer-to-peer exchange and cryptocurrency 
brokerage firms, which allows you to fund coins using real money.
Source: coindesk
Exchange software development
• Software services should include augmenting online trade business 
with an efficient, secure and robust exchange platform including 
crypto and asset management.
Source: cryptodigest
Requirements of the software
• The software must have web and mobile adaptability, scalable 
architecture, advanced user-friendly interface, blockchain APIs 
development, highly configurable admin console and strong 
security.
Source: techcrunch
Starting an exchange software
• There are three different ways of starting a cryptocurrency 
exchange software. It can be by using a white-label solutions 
software, open-source solutions or custom software 
development from scratch.
Source: Google Images
Steps
• Steps which have to be followed to setup an exchange 
development service are choosing the right location, obtaining 
license, generating funds, finding a reliable technology partner etc.
Source: Google Images
Strategies
• Some of the strategies to be followed for cryptocurrency exchange 
development are connecting other exchanges for added liquidity, 
implementing high security, 24/7 live support features etc.
Source: Google Images
Time and costs
• A cryptocurrency exchange can be created in approximately 6-8 
months. Ample time will be needed for the team to give the best 
features. You will have to pay a one-time fee of about $80,000.
Source: espay