If you’re planning to get an exchange developed, consider answering the following questions before choosing the type of cryptocurrency exchange you’d like to invest in.
- Do your target customers understand the cryptocurrency space, or do they understand fiat?
- How important is liquidity/order, settlement/transaction speed for your customer base?
- Are you in crypto-friendly jurisdictions?
- How will the governance of the exchange work? Do you plan to involve a community for decision making?
- Do you wish to provide fiat to crypto and vice-versa conversions?
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