How do I start a cryptocurrency exchange platform like Binance?
Have an idea to create a crypto exchange platform like Binance? Definitely, you can.
Two things you have to know is that Binance is not just a crypto exchange, it's also a blockchain company. They have their own Binance Smart Chain, which is a public blockchain. So, you can start an exchange, but you can't desire to start a public blockchain.
There are two methods to get initiated. You can either start a platform from scratch. Get yourself a website domain, host Shopify, and slowly build from there. Keep in mind that this approach will take time, effort, expertise, resources, and money. In six months to one year, you can be up and driving, after that, it's all about marketing, proofing, and administration.
The more comfortable way is to get yourself a white-label software or a Binance clone script and have that hosted on your website domain. And then have the platform incorporated into the blockchain of your preference. You can have the platform up and running in a couple of weeks.