You won’t believe but, cryptocurrency exchange owners are making billion-dollar profits from setting up a white label cryptocurrency exchange software.
In a recently published report by Bloomberg, the cryptocurrency exchange Coinbase has gained $380 million profit in 2017 and despite the bear market, they have estimated a record-breaking profit of around $456 million in 2018.
As a result, Coinbase’s overall revenue touched the $1.3 Billion in total and keep adding day by day. In addition to Coinbase, there are a few more names in this list of high revenue.
According to the report, Binance the largest crypto exchange in terms of trade volume has recorded a profit of $200 million in January 2018. This is more than the revenue made by the biggest and one of Europe’s leading financial institutions the Deutsche Bank in Germany (Estimated $146 million).
Bithumb and Upbit also reported close to $100 million profit in early 2018 and there are many others to be added to this list.
Isn’t it a surprising opportunity?
If you are curious to know how these White Label Crypto exchange software owners are making million-dollar income just by enabling trading facilities to the buyers, then this guide has an answer for all your queries.