How much does it cost to create a centralized crypto exchange?

How much does it cost to create a centralized crypto exchange? I am studying the issue of launching my own crypto platform. What are the main costs involved - development, licensing, security, support? I would be glad to hear real experience from those who have already gone this way.

In today's world, most users prefer to trade cryptocurrency via smartphones, so having a mobile app is a must for a successful exchange. Merehead recommends developing native apps for iOS and Android to ensure stable and fast operation. It is important to provide an intuitive interface, support for all web version functions how to buld a centralized crypto exchange (trading, deposits, withdrawals, analytics) and a high level of security, including biometric authentication. Merehead offers customized solutions for mobile apps, allowing clients to launch convenient and reliable platforms for trading on the go.