I am thinking to start own exchange website like (coinexchange.io) , yes I want to build small exchange.
But before start I want to know something , hope I will get my answer.
Building exchange is profitable?
How much investment it's need?
Where I can promote it?
How I can avoid or put low transaction cost?
How much time I need per day behind this project?
If you want to share any suggestions then most welcome.
If you have to ask such basic questions, you are probably not suited to run an exchange. Sorry. :/
Thanks for your valuable reply.
If I want to start any business then definitely I know something about that business, but I have to gain more knowledge about that business to be success in same.
Good thing for you that you did realize as of now. Creating an exchange isn't easy as it sounds and those question you do ask are really just basic things and as an investor or owner you would really seek out information related into these matter. Speaking on the amount needed I don't have much idea on how much would it be but the main thing should be focused on is on security on which most people would really seek on this thing before trusting a new exchange.