What are some effective ways to increase trade volume for new exchanges?

[hogi]

We are trying to expand the cryptocurrency movement to our country.
We will most likely become the first multi-cryptocurrency exchange in our country, but we are not
quite sure about how to increase the trade volume initially.

We are really excited about helping the community grow and we have
put everything behind to take part in this movement. We would very much appreciate if
someone could provide us with a bit of information. It would really be helpful. Thanks:-)

Here are some concerns:

1. What are some effective ways to provide liquidity initially?

2. Are there any resources or links to obtain information about initial setting of an exchange?

3. Any tips you've learned from setting up an exchange?



We really want to set this up in our country and expand the cryptocurrency community.
If there are other advice you could give us, we would really appreciate your help.

[SFR10]

1. What are some effective ways to provide liquidity initially?
- Advertisements is everything when you need some activity on a new exchange. It would be best that in beta stage, you give some vouchers for some reputable users of the community to test the exchange and give honest feedback regarding it, in which could be important for the opening activity on your exchange. Depending on your funds, you could acquire an slot here in the forum in ad (usually it goes from 3 to 4BTC per slot) or run a signature or avatar campaigns, other type of campaigns works as well (twitter,facebook) in order to drive liquidity to your upcoming exchange. Also having well trusted people from your country on your team could help bring trust as well.

2. Are there any resources or links to obtain information about initial setting of an exchange?
- I have no clue in regards to this.

3. Any tips you've learned from setting up an exchange?
- I've worked with two exchanges in past and one is still surviving although the trade volume is not that much and the other failed due to ignoring every single small detail. Since you've said it will be a local one, I would first advise to make an exchange that doesn't allow other country IP's aside from yours, then go ahead a get license from any bank from your country (that would be your official partner directly /indirectly). Then acquire large amounts of anything you would like to exchange in the first place. Lastly security is everything so make sure, you spend as much as needed when it comes to security.