A Good StartUp Idea In India!
I honestly believe that "Working on an idea can eventually create the biggest evolution on the marketplace and the evolution may impact the related industries too". So get ready to beat the bush before diving in a particular business platform.
In this blog I'm not here to talk about the best business idea or something similar to this. But let me dust out the opportunities that are currently opening in India. While writing this i remember the phrase " Better three hours too soon than a minute too late"
We all may have heard of the news that cryptocurrency/digital currency is now legal and legit to use via banks in India. So the second most populous country is now ready for the trade of digital currency. That's why I can see the opportunities behind this.
Many investors would like to invest and trade the coins. But as a business person one can launch the crypto exchange platform like Binance, Paxful, Remitano in India according to the people's needs and be a pioneer in this field.
Is It Possible?
Yes of course it's possible to kickstart a crypto exchange platform, but this is both financial and technical acquiring business, So for technical do tie up with a best dev team. Zodeak, one of the best blockchain solution company is one among them.
To be brief a website that is developed from scratch attains more than 6 to 8 months to build a basic version of a crypto exchange site. As i already said "Time is money" here. So the other option to procure technical support is getting into the clone script. Just surf on which exchange platform you prefer then go with the clone script of that product like Binance Clone, Paxful Clone, Coinbase Clone and others.
Widely gain knowledge about the features, functionalities, liquidity, and highly on the security panel. Because a finance based website always has to earn trust from the users, that will make them flourish their business.
For trust, majorly check the health score of the website too with security features.
What’s Next?
Drafting a website and launching alone is not the key to success, As like every business cryptocurrency exchange site also demands good and well performing marketing campaigns. "Marketing also helps to draw the Trust Score of the business"
Experts used to say, invest at least one fourth of your budget for the marketing purpose. Because the genuine brand you create may double your sale compared to any other marketing strategy.
After all Branding is all that a business needs.
Additional Points :
After an ample research check about how much charge to be collected as a transaction fees, service and other significantly prioritised parts.
Check about launching your own coin will have any benefits.
Ensure what are the crypto pairs to be allowed in the site.
Also learn about many pain points of the user and make a valuable business plan and shoot up your saga.
If you have a desire to start this then feel free to reach the Zodeak company at cryptocurrencyscript1@gmail.com