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![Cryptocurrency Exchange Platform â Complete Security Guide to Launch Your Own Platform](https://i0.wp.com/3.bp.blogspot.com/-eneYqXzEMq4/XWdycKe9E8I/AAAAAAAAD18/o3GyklJjYT0sYPUYkvheNnLparhbWomrgCK4BGAYYCw/s1600/Cryptocurrency%2BExchange%2BPlatform.png?w=696)
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