Recently I’ve seen many startups & entrepreneurs showing interest in starting a crypto exchange, particularly saying the “Binance”. Do you know why???
The reason is “Crypto Market”. Yes, day-by-day the crypto market is drastically expanding. An interesting stat says Over 75.25 million active crypto users are there in all parts of the world. In that, more than 13.5+ million crypto users are using the binance crypto exchange platform for trading various crypto coins. They’ve generated about $570 million in revenue from their exchange in 2020. That is why business people are preferring to create a crypto exchange like binance.
Still, Some people might have this doubt- “How does Crypto Exchange like Binance Generate Money? & What are their Revenue Modules?” I can hear your thoughts, let me explain to you easily…
Revenue Generating Modules for Binance Cryptocurrency Exchange Platform:
Here I’ve listed some revenue modules of the Binance Cryptocurrency Exchange Platform
- The Trading fee
- Deposit & Withdrawal fee
- Margin Trading [Lending & borrowing]
- Multilateral trading facility
- Backend/infrastructure via API access
- Token Listing fees.
- Ads (Google Adsense & Sponsored Ads)
- Staking & much more
Oh, this seems already a hefty money-generating list?? Isn’t it? Okay, I think now you have a clear idea of how the crypto exchanges like binance generate their revenue. I can see that you’re very curious to know about - How to start a crypto exchange like binance??? Without any delay, we can directly move to the topic.
How to Start a Cryptocurrency Exchange like Binance???
Generally, there are 2 possible ways to kick-start a crypto exchange platform like binance.
- You can sketch your plan from scratch
- Develop an exchange with binance clone script with the premium features.
If you go with scratch - You need to spend more time, money, & technical efforts & more. Else, you can go with the Binance clone script which helps to get your exchange platform in less time, and the cost of development will be around $5k-$12k. However, the expenses may differ based on your business requirements.
If you want to launch a crypto exchange in a safe, secured & cost-efficient manner, then the Binance clone script is a perfect choice. Also, I’ve explained some benefits of using the Binance clone script.
Benefits of Binance Clone Script:
- Customizing options - Binance clone script provider will help you to build your cryptocurrency exchange platform based on your business needs.
- Monitor and Engage - You can easily monitor the work process
- Beta module - You can test your exchange in the Beta module
- Cost-effective - Binance clone script cost of development will be around $ 4k - $ 8k (It may vary based on the requirements.)
- Time-Period - You can launch your exchange within 1 week
- Fully secured, bug-free & adv trading features.
Now, you’ve got a clear idea about how to create a crypto exchange like binance using a binance clone script. The next big step is, Choosing your reliable crypto exchange script provider is an important step while leaping into the crypto exchange business. Because there are many script providers available in the crypto market. Only a few trustable script providers can provide a high-quality and highly secured crypto exchange platform like binance. So choosing the script provider is more important. No need to worry, I’ve done some groundwork to find the best binance clone script, provider. As a result, I’ve found a top 10 binance clone script providers, here is the list check it out.
Among the list of Binance clone script providers, one provider (CoinsQueens) cleared all my technical & non-technical aspects. CoinsQueens has a great number of years of experience in the crypto industry. Till now they successfully delivered 50+ crypto exchanges, wallets, & payment gateways to their worldwide clients. And they mainly focus on their customer satisfaction so their software/scripts are 100% bug-free, secured, & inbuilt with cutting-edge trading features.
Are you interested in business with them??? touch their business experts directly via,
Whatsapp / Telegram @ +918754053377
Mail: [email protected]