TL;DR —
A massive over-supply of crypto-exchanges, combined with waning demand, is a problem. The only reason to create a startup is that you've spotted an unmet market need, but the need for cryptoexchanges is met with one-tenth or one-one-hundredth of the number of exchanges out there now. The average daily exchange volume in total is around $55 billion, so it's even greater than the numbers we played with above. However, those twenty seven dollars come with massive risk.
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Written by
@FrederikBussler
Published author and writer.
Topics and
tags
tags
cryptoexchange|cryptocurrency|cryptocurrency-exchange|crypto-exchange|start-a-crypto-exchange|crypto-trading|cryptocurrency-trading|crypto|web-monetization
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