To build a cryptocurrency exchange, there are different ways to go about it. The first one is building from scratch. This method involves several steps that you must undergo such as,

Deciding the type of exchange and the location

Obtaining a license for the exchange according to the region it's going to operate

Partnering with a bank/Payment processor

Gathering requirements for the exchange

Generating funds for the exchange

Connecting the exchange with external exchanges for liquidity

Integration of necessary features and security integrations

Testing the functioning of the exchange

Constant bug checks, maintenance, customer support
To get over with all these processes successfully will take up a lot of time, money and involves quality technical support to sustain the exchange in the long run. With the prevailing demand and competition, building from scratch will not be a fitting solution.

The better choice is to conduct detailed research and choose the right platform that offers Cryptocurrency Exchange Development software solutions. Whitelabel solutions are readily-available, comes with a name, brand, logo, UX/UI according to the user preferences, and every necessary feature and technical integrations. Whitelabel solutions are pre-tested, hence they are secure and reliable. They deprive the user of the development costs. All the user has to do is, purchase and install to launch the exchange which will be quick as light and cost-effective. So, choose your platform today and launch your crypto exchange in no time!