Introduction • People generally assume one of the best ways to receive money with cryptocurrency is by exchanging or trading them. The fact that the value of the Bitcoin has risen up 10000% since its inception is quite a lucrative proposition for any person striving to make a fortune. • The crypto business is mostly about trading exchanges, and they account for about 80 to 90% of the total business volume. The rapid growth in 2017 and the volatility in 2018 allowed many investors to earn massive amounts of money.
It is a Digital Currency Exchange • It is a Brick-and-mortor(Online) business • It Exchanges Digital Currencies Electronically • Exchanges Send Crypto to User Wallet • Capture Audience Attention Check :https://en.wikipedia.org/wiki/Cryptocurrency_exchange
Administrator-User CryptocurrencyExchange • Peer-to-Peer Exchange • Decentralized Cryptocurrency Exchange • Currency Exchange With Margin Trading and Leverage Check :https://hackernoon.com/components-of-creating-a-secure-and-robust-cryptocurrency-exchange-platform-yj5h3zjo
It would be a good practice for any exchange to follow the KYC (Know Your Customer) and AML (Anti-Money Laundering) norms. • The legal requirements might vary from country to country. Some of the best countries that you can choose to incorporate your cryptocurrency exchange are: Estonia Switzerland Australia Singapore Seychelles Check :https://hackernoon.com/components-of-creating-a-secure-and-robust-cryptocurrency-exchange-platform-yj5h3zjo
A managing director - To Oversee all work • A marketing manager - Handle Marketing & PR Activities • A director of partnerships -To Find Partners & Contractors • A support manager - For Customer Response • The technical work - Outsourced to Trusted Companies Check :https://hackernoon.com/components-of-creating-a-secure-and-robust-cryptocurrency-exchange-platform-yj5h3zjo
Check : https://en.wikipedia.org/wiki/Cryptocurrency_exchange
Securing Your Crypto Exchange • For any system that deals with huge volumes of money, security is of paramount importance. Most of the hackers try to incorporate multiple methods to breach the security of the ecosystem. Some of them are: Check :https://en.wikipedia.org/wiki/Cryptocurrency_exchange
Phone: +1 (760) 284-3163 Email: firstname.lastname@example.org Web: https://www.blockchainappfactory.com/cryptocurrency-exchange-software