A realistic budget depends on the type of exchange you're building and the features you need. Many first-time founders assume they can launch an exchange for a few thousand dollars, but the reality is a bit different. Your budget typically needs to cover: Exchange software development Trading engine integration Wallet setup if you want detail breakdown of cost, read this >>https://medium.datadriveninvestor.com/how-much-does-it-cost-to-create-a-crypto-exchange-like-binance-localbitcoins-or-coinbase-69dacf7bc