braxton _1771 Posted May 21, 2022 Report Share Posted May 21, 2022 Here I come up with one of the most interesting and trending topics in the crypto market - crypto exchange. Crypto exchange is not a new term for traders and traders are showing huge interest in crypto exchange platforms. It helps them to reap profits with a small investment. Therefore, the demand for crypto exchange is getting bigger day by day. Considering these factors, we can say that it is the right time for you to start an exchange business and make excessive profits from it. Now, let us see about the Revenue earning factors 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 for starting 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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