Cryptocurrency exchanges are constantly appearing. And as you know, where there is great competition, there are high margins. How to create a cryptocurrency exchange from scratch, where to find investors and how long the whole process will last – read about it all in the Bitnewstoday article.
EXCHANGES OR ONE MORE WAY TO MAKE MONEY ON CRYPTOCURRENCIES
Interest in cryptocurrency exchanges appeared after the fall of hype on mining, ICO and STO. Infrastructure projects of trade organizations became even more exciting after the development of a new form of crowdfunding – IEO.
The exchange is a key player, and IEO cannot exist without it. For founders, it’s more important to know that the exchange, like any intermediary, earns commissions from the seller and the buyer so the business model does not include the market risk of a fall in the price of a cryptocurrency. 0.5% from $1,000 will remain the same amount, regardless of the price of Bitcoin and that is the advantage.