How to Start or Buy a Crypto Exchange – and Why Teenagers Are Flocking to Crypto (Even in 2025)
Launching a cryptocurrency exchange requires heavy legal compliance, technical infrastructure, and capital, with costs for a custom centralized exchange ranging from $150,000 to $600,000. White-label solutions start at $20,000 but offer less flexibility. U.S. operators must register with FinCEN and obtain state licenses; Europe is rolling out new EU-wide rules. Centralized exchanges face higher costs and regulatory scrutiny than decentralized ones.