I'm thinking of opening a few exchangers of cryptocurrency and other electronic currencies, but I do not know how, are there such people among you who have been in this business? Can I have a word or advice?
What is your target market? This business need a lot of commitment because it needs tons of funds for the initial liquidity of orderbook and also the code on the exchange that can process huge TPS from the user. Failing to do an excellent job on the matter above will result to a shitty exchange and waste of money because user will not entrust there money on exchange that is mediocre at its core.
I remember SBF is the one whos coding FTX exchange before during the early stage of there exchange and CZ has a knowledge too on his tech to develop such top notch exchange. Ypu should not enter on business if you dont any idea on it since sooner or later one of your employee will just backstab you. Consult a legal advice first if your plan is feasible.