CHALLENGES IN BUILDING A CRYPTO EXCHANGE?steemCreated with Sketch.

in cryptocurrencies •  6 years ago 

The crypto market is growing fast and new exchanges are mushrooming every day. What are the challenges these companies face while building these exchanges?

exchange_image.png

It all depends on what you want to achieve, which country do you want to register the exchange in and what kind of exchange do you want to build and which market are you targeting to cater to. Some of the challenges could be :

  1. Regulatory uncertainty in your geography
  2. Available of right technical skills
  3. Availability of funds
  4. Marketing (customer acquisition and retention)
  5. Fast changing technology landscape
  6. Security threats
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