Developing a crypto exchange platform involves several challenges, including ensuring robust security, achieving regulatory compliance, and managing liquidity. Security challenges include protecting against hacking and fraud, requiring advanced encryption and multi-factor authentication. Regulatory compliance demands adherence to KYC and AML regulations, which can vary by jurisdiction. Liquidity management involves attracting traders and partnering with liquidity providers. Additionally, creating a user-friendly interface and ensuring scalability are critical for long-term success.
source: https://www.blockchainappfactory.com/cryptocurrency-exchange-software
