Readit NewsWhy is it so difficult to just create an exchange that charges commissions and nothing more? Target the first 10-20 cryptos with a simple transparent platform and see the money rolling in with minimal risks of ending up naked
Because someone else will come along and create an exchange that offers ponzi-like interest rates and run you of out of business. Also promising never to gamble with the depositors' funds etc
Having friends in the industry helps tremendously.