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When will submit your respective docs to get the license of your exchange? Everybody wants to set-up their exchange but getting a license is a big factor to attract traders and crypto users. With this license, they have peace of mind that they are dealing with legit exchange at the very least.
hello sir a good question with a lot of answers that i am going to resume in one: There is any issue into opening a cryptocurrency exchange if your country laws allows to it (in our case yes) and if FIAT currencies are not involved and always that cryptocurrency keeps the ''comodity'' status. Risk are mostly in traderr side that has to know also if trading is or not legal in his country of residence. our project aims to go further than here, and not only to enable the use of FIAT currencies is in the roadmap, many other developments are reserved only for stablished companies. To mention an example, have you seen video advertisment form 1xbet.io in stadiums video led panels?, is one of the benefits of regulation-registration, etc.
Besides this, main advaantages keep being for developers: I know that we are not having an Income from now, and seem far away that we can equal servers and other bills expenses. But if our exchange generates a profit, even being cryptocurrencies, we would need to declaratew it at the time to spend it to do not be ''money laundry operators''.... We are also starting this journey with a severe 0% trading fee policy and is a must to every new user to read the terms and conditions where this things are explained and must be signed by the user before using our platform.
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