It is not advisable to venture into this if you are asking on the know-how knowledge required to build a successful exchange. Those who have the domain experience still get hacked, how much more someone that want to learn how to do it. It is not a kids play because any loophole will lead to data and capital lost.
The door isn't close for this kind of business just because he don't have proper knowledge on how he can create his own crypto exchange. Most businessmen out here all just needs capital in order to start their own business and opening up a crypto exchange of his own is not any different from it. With the right people employed under him he would have his exchange running in no time. Just remember that creating a crypto exchange is not the tricky part here but it is all about the legality involve around it, @OP if you are interested in this kind of business you must consider first consulting with a lawyer in order to make your operations legal and after that part you can launch what you have developed. You really need to have a big budget for this since you would most likely spend on marketing and advertising your exchange in order for you to have traders in your platform, if you don't have the capital you might want to rethink on creating your own crypto exchange.
The OP has not logged in since he started the thread so the motive behind the question he asked remains unknown.
I agree with you that the door is not closed for this type of business for the reasons you stated but there is no indication why the OP asked the question, maybe he wants an exchange to test the code and use it for his own demo.
Could imagine OP was looking for some random free advice, so he spam posted this in a bunch of forums, and then just forgot about it the next day, I've had days like that where I just get super motivated and then forget about it later.
It is not advisable to venture into this if you are asking on the know-how knowledge required to build a successful exchange. Those who have the domain experience still get hacked, how much more someone that want to learn how to do it. It is not a kids play because any loophole will lead to data and capital lost.
The door isn't close for this kind of business just because he don't have proper knowledge on how he can create his own crypto exchange. Most businessmen out here all just needs capital in order to start their own business and opening up a crypto exchange of his own is not any different from it. With the right people employed under him he would have his exchange running in no time. Just remember that creating a crypto exchange is not the tricky part here but it is all about the legality involve around it, @OP if you are interested in this kind of business you must consider first consulting with a lawyer in order to make your operations legal and after that part you can launch what you have developed. You really need to have a big budget for this since you would most likely spend on marketing and advertising your exchange in order for you to have traders in your platform, if you don't have the capital you might want to rethink on creating your own crypto exchange.
That's the best advice someone could give you to be honest. From the start, when you start something big, you'll need to go through everything step by step with your personal lawyer - and then you can start making big moves like platform development.
