I am a member of a startup team researching the concept of starting our own crypto exchange, and we are in the research stage. We would like to make an MVP operational in a short time frame, but we would also like to make it secure, scalable, and capable of growing in the future. We are not intending to be the next Binance immediately, but would like to start it in the market, experiment with the demand, and expand on that.

Here are the best ways for a startup to launch a crypto exchange.

Starting from scratch: This provides us with absolute control over the technology stack and capabilities. It can be expensive and time-consuming. But the results are guaranteed and run long through the years.

White-label solutions: quicker to roll out and already proven; however, we fear that we will be over-reliant on third-party providers in the long term and will have constraints.

Crypto exchange scripts: Appears to be a good compromise. Certain scripts are very sophisticated at this point, with in-built functions such as KYC, wallets, administrator panels, and even OTC modules. We are not quite sure whether they are long-term viable and how customizable they can be.