Growing a local crypto exchange

K

k2h2

Elite Member

May 7, 2021

3,310

925

• Dec 13, 2024

• #1

One of my friends wants to start a crypto exchange in India. He aspires to become as big as Binance in future? Any advice for him here?

 

bbrokeaf

BANNED

Sep 23, 2020

369

296

• Dec 13, 2024

• #2

Make sure you follow KYC laws, it's a major thing to stay compliant because if you don't.... you're going to experience this ↓



Hope this helps

 

Nikolaos

Elite Member

Jr. VIP

May 27, 2016

11,120

2,526

• Dec 13, 2024

• #3

k2h2 said:

One of my friends wants to start a crypto exchange in India. He aspires to become as big as Binance in future? Any advice for him here?

Click to expand...

Tell him to stop daydreaming.

 

aturayusifa

Junior Member

Sep 20, 2024

102

19

• Dec 13, 2024

• #4

Strength and luck are both indispensable. Tell him to seize every opportunity.

 

YTPro

Power Member

Jan 3, 2021

566

560

• Dec 13, 2024

• #5

Thought crypto was banned in india

 

M

marshmallej

Junior Member

Apr 15, 2024

158

29

• Dec 30, 2024

• #6

He should focus on regulatory compliance, security, liquidity, and a user-friendly interface to build trust and scale effectively in India's growing crypto market.