How to build an open source cryptocurrency exchange?

Luckily, the market has tons of software that one can use to build an open source Bitcoin exchange. A good example is Open-DAX which is a hybrid software that you can use to create an open source cryptocurrency exchange. The open source nature of cryptocurrencies plays a major role in the growth of the industry.

Why should a crypto exchange be open source?

Well, as the pioneer of cryptocurrencies, the creator of Bitcoin made the code public, which has led to all manner of modifications by developers in the crypto community. The greatest strength of having an open source crypto exchange is that it helps improve scalability and secure the network.

Is there a forking for an open source cryptocurrency exchange?

There’s no forking for an open source cryptocurrency exchange. The best that can happen is upgrading the system in case of any faults. The number of open source decentralized and P2P crypto exchanges is growing by the day. Of the hundreds out there, the following are the top 3 based on user friendliness, transparency and ease of transacting: 1.