From gbhackers.com
Have you thought about launching own Cryptocurrency Exchange Platform? That is a good deal, however, such a decision is accompanied by several challenges. Here some tips and a short review on how to start a cryptocurrency exchange. Let’s go today thorough basic steps and try to figure the best strategy for the development.
Step 1 Types of exchanges in the Cryptocurrency Exchange
Different resources may provide you various definitions and classifications. Like on the type of governance:
- Centralized exchanges (CEX)
- Decentralized exchanges (DEX)
- Hybrids
Or by the type of currency/workflow:
- Fiat-Cryptocurrency Exchange
- Crypto-Cryptocurrency Exchange
- Peer-to-Peer Exchanges
- Brokers