While Major Crypto Exchanges Flourish, Minor Platforms Struggle
While major cryptocurrency exchanges are seeing their businesses flourish, minor exchanges are struggling in the bear market.
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It is expensive to run such exchange platforms, you would have to be a dev to be able to run such business, otherwise if you do not have many listings of coins, then no investors would be interested to trade in your platform.
I heard an exchange did layoff of their employees due to bearish market. It was sad.