I was thinking of launching my own decentralized crypto exchange. I studied different articles and videos, but when it came to practice, everything turned out to be more complicated. For example, I tried to find a suitable platform to start, but they are either too complicated or require a lot of customization. As a result, still in the planning stage for now. Can anyone tell me how to organize the whole process in general? Where is the best place to start and what to pay attention to so as not to get stuck like me?
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Interesting topic! It always seemed that launching an exchange is something of a challenge, but if you approach it wisely, I guess everything is realistic. I am mainly interested in crypto as a user, but it is also interesting to read about how such projects are created. I guess the main question is how quickly such platforms pay off and what is more difficult: attracting users or competing with large DEX? I wish you success in realizing your ideas!
Hi. I know what you're talking about. I faced this challenge myself a year ago. The most important thing is to realize that you need to clearly define your goals and functionality to launch DEX. Also pay attention to security: this is key. I can recommend an article that helped me - it describes how to create a decentralized cryptocurrency exchange. It helped me to structure a plan of action. I succeeded, although some things, like licensing, took longer than I expected.