braxton _1771 Posted August 24, 2022 Report Share Posted August 24, 2022 Crypto exchange has secured a top position in the current crypto market. Many individuals who had an interested in trading are likely to trade on this exchange platform. so it helps the admin of the exchange to reap a huge amount of profit. At the same time., it makes crypto exchange popular among many crypto audiences. As a business startup, if you are looking to start a huge-revenue generating business but might not be much aware of choosing the best business ideas, Then starting the crypto exchange is the best and finest solution for you. This is not saying just by words. I did a detailed analysis in found the best business ideas according to the popularity and revenue-earning ways. At the end of my research, I found and sort out the best business idea - crypto exchange. By considering all essential aspects it is dominant among many businesses. also, the demand and hype for crypto exchange are increasing day by day. Therefore it’s the right time to kick-start your crypto exchange business in a crypto market Before stepping into the crypto market, Let’s have a quick view into the revenue-earning ways of crypto exchange Generally, by starting a crypto exchange, you can generate revenue in the following ways Trading fees Withdrawal fees Listing fees Trading fees Here you can charge fees for each trade. The fees may seem small per transaction but when its volume range gets high, you can make a lucrative amount of profit. Listing fees Listing fees may vary depending on the size and popularity of the crypto exchange. Let us see about the price variant from small to large exchange Small exchanges may charge listing fees from 1- 5 BTC The medium size exchanges would charge listing fees from 10 to 15 BTC Large exchanges will charge listing fees from 1 million to 2.5 million Withdrawal fees: After buying the cryptocurrencies, users would withdraw their cryptos into non-custodial wallets. For the withdrawal process, you can charge the withdrawal fees and by doing this, you can earn a huge profit. I hope now you got the idea about why to start a crypto exchange. But before stepping into this business. you should have some awareness of the important steps to follow to start a crypto exchange. By knowing them, you can launch your exchange platform successfully. Quote Link to comment Share on other sites More sharing options...
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