With a few exceptions such as China and North Korea, almost all other countries seem to be welcoming digital assets with open arms. In fact, several countries such as Malta, Lithuania, and Japan have laid down regulatory frameworks, allowing entrepreneurs to run a licensed white-label crypto exchange business. With cryptocurrency adoption nearly doubling in 2018 (from 18 million users in 2017 to 35 million users in 2018), it is fast becoming a lucrative business.
However, setting up an exchange goes well beyond merely developing cryptocurrency trading software. You need to consider a variety of factors ranging from legal framework to marketing strategy when setting up an exchange. Here are eight tips that will help you launch your own crypto exchange software.