If you have followed blogs here, you’ll know that we are great fan of unique business strategy implementations with tips for Cryptocurrency and Bitcoin particularly when they bring something distinctive to the users. If users like to see the potential reward and you’re searching to start your own Bitcoin exchange, this step by step guide would put you in the right direction.

How to Start a Bitcoin Exchange in Simple Steps

  • Must obtain proper legal counsel to ensure licensing requirements are met.
  • Obtain funding for venture.
  • Search a technology solution provider.
  • Actively connect your exchange with others for added liquidity.
  • Good to Partner with a payment processor.
  • Professionally implement best security practices.
  • Best to go live via beta testing.
  • Best to begin marketing & PR campaign.
  • Exclusively offer customer support.
  • Should maintain a legal team for ongoing compliance.

Bitcoin exchange business is best way to help introduce new people to fascinating behind Bitcoin. You would be also benefitting in your business with bitcoin exchange platform of new acumen ideas of revenue pattern into that. Here is an advanced bitcoin exchange solution to guarantee your business success within short duration of time.

Margin Trading and Lending:

It is best way of increasing your trading power for investments. Borrowing the amount of bitcoins on margin actually means that you take a loan from your broker to increase the amount of initial investment fund you have actually at your disposal to invest.

Bitcoin Binary option:

It is qualitatively predicting the bitcoin value in future it would be either high or low. As a trader, they could gain all or not. They are the shortest way to increase more profit.

Bitcoin Affiliate Program:

This can also be denoted as a revenue share model depending on the exchange program structured. In Bitcoin exchange business the affiliate programs are professionally designed to make payment with their affiliates. They are mostly bitcoin traders or bitcoin users with Bitcoins. Few affiliate programs pay their affiliates with fiat currencies also.

Liquidity solution:

Integration of liquidity API is mostly conceivable that, so this dense of liquidity bitcoin orders and exchange pool could immensely grow so desirable in your exchange website. This also leads your bitcoin exchange business could carry high, resulting in an increasing number of bitcoin users are utilized to display the orders and exchanges.

White-Label solution:

By selecting a white label solution, you could use your bitcoin exchange business with a branded unique one from your business competitors. For that, it is best to make your exchange business quality branding, distinct one and less time from creation.

Merchant API Solution:

It is nothing but the integration of simpler and quickly accessible modules for traders and exchangers for efficient trading and exchanging purposes. Trade API, Wallet API, Payment Gateway API support.

Digital Token:

They are perfect representation of a particular digital asset. It will be the utility of crypto coins. They are also basically named as any digital assets or even other assets which are fungible or tradeable, from the third parties in your exchange platform. Not only digital tokens are developed although it would be used for trading and exchanging.