I was watching a video about different ways to invest in the crypto industry when someone briefly mentioned that starting an exchange could be profitable. That got me thinking, so I started researching the financial side of it and found a useful breakdown of the costs involved in setting up a white-label crypto exchange https://merehead.com/blog/white-label-crypto-exchange-cost/. It explained every expense, from software to security features, making it much clearer than I expected. Now I finally understand why some exchanges charge high fees—they need to cover a lot of costs just to stay operational.