This is identical for online brokers in the stock market. They win based on the number of trades, thus they make as much money in bust as in boom years with people exiting positions.
Just make sure it’s tamper proof and that you actually can run it competently. Mtgox started as a place to trade MTG cards, and while I’m sure the platform was fine for that, the stakes were substantially higher when they pivoted to crypto. I’m sure you know the rest of the story.
Also during the crypto craze: Set up an exchange and charge a small commission on transactions
This is identical for online brokers in the stock market. They win based on the number of trades, thus they make as much money in bust as in boom years with people exiting positions.
Just make sure it’s tamper proof and that you actually can run it competently. Mtgox started as a place to trade MTG cards, and while I’m sure the platform was fine for that, the stakes were substantially higher when they pivoted to crypto. I’m sure you know the rest of the story.