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November 18, 2018, 03:15:16 AM |
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Ripa Exchange is a hybrid-decentralized exchange with a strong focus on lowering the entry
level of opening new exchanges and giving crypto traders safe and secure trading partners
to operate with, on a daily basis.
The team of RipaEx believes that, despite the recent developments in the world of cryptocur-
rencies, it is still expensive to open, manage and build trust on a newly created exchange, for the
following reasons:
– High volume of resources, needed to run a reliable exchange platform;
– High cost for building the platform;
– High liquidity, necessary to run a profitable business in the first 5 years gap.
We have to act right now in order to fix some problems: users are frustrated by unreliable
exchanges that run away with their funds, got hacked or do not sustain the load of a growing industry.
Despite the effort of exchanges managers to offer efficient, reliable, and easy to use platforms to
Trade, the entry prices for building such platforms is in the rage of 250-300 thousand euro(and
that does not include personnel cost to give platinum customer support, platform infrastructure and
daily expenses for the business).
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