What's the minimum capital required to start a basic cryptocurrency exchange? Posted On 2024-01-29 02:29:19 | By Alexze Jaxon |
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The minimum capital required to start a basic, ready to market cryptocurrency exchange ranges from $6,000 to $8,000. This would cover the initial software development and basic infrastructure costs needed to launch a simple yet functional exchange. The software can be built on open source code like GitHub to reduce development costs. Basic infrastructure would include server hosting, SSL certificates for security, and setting up cryptocurrency wallets. This would allow you to launch a basic exchange to market with core trading features. |