The people in the crypto space, all know crypto exchange will grow in massive ways. During the pandemic situation( COVID-19) crypto exchange platforms are seeing giant growth. So many entrepreneurs want to develop their own crypto exchange platforms. Some people have created a cryptocurrency exchange platform without any coding skills. But they had done lots of research for developing their crypto exchange platform. Now, I will explain How to develop your crypto exchange platform? There are 2 ways for development.
- Hiring a freelancer for developing your crypto exchange platform
- You can develop your software with white-label crypto exchange software providers or Clone script providers.
Among these methods, the second method is easy and simple for all entrepreneurs. Because they have pre-designed and pre-developed scripts. So you can easily launch your own crypto exchange platform within 7 to 10 business days. If you choose the first method you have to face lots of problems. And you can’t get complete exchange software and it takes time and also it is more expensive.
Hiring a freelance blockchain developer
- The process is a little more difficult for freelancers as they have to create from scratch.
- The freelancer has multiple projects on their own at the same time, which can affect the quality of the work.
- Hiring a freelance developer costs by the hour, and if errors are detected, an additional fee is charged to correct them.
- Developers cannot customize every part of a crypto exchange platform if they hire freelancers.
- Freelance developers have to create from scratch, which takes time to complete.
- Having to find testers to test all the developer's work complicates the process.
White-label crypto exchange software
- White-label software is pre-built and simplifies the process.
- White Label Script Providers are experts, so quality comes first.
- All labor costs here, no additional costs for troubleshooting. Everything is reasonably priced.
- White Label software is fully customizable based on your business needs.
- White Label software is not too difficult and only takes a few days to be ready.
- The software vendor does all the technical work and you have the finished product.
Important Business benefits of white-label crypto exchange software:
High-scalability:
In the White-label crypto exchange software, you can modify the features instantly based on your business requirement with high customization options. And you can integrate and modify all your business ideas will enable high scalability.
High efficient screening:
You can monitor your white-label crypto exchange platform with high efficiency.
ROI features:
It gives you the freedom to integrate amazing ROI features that benefit you with huge profits.
Beta module integration:
You can test multiple times on your crypto exchange software. Because it is integrated with the bets module.
Low-cost:
The development of crypto exchange software cost is low compared with other industrial standards.
Short time:
You can deploy your crypto exchange software within a short period.
These are the few business benefits of buying white-label crypto exchange software. More than that entrepreneurs have lots of benefits. Now it’s time to learn about working modules of white-label crypto exchange software. Because crypto exchange features changed depending upon their working module. You can integrate features in your crypto exchange software per your business need.
- P2P or Ad Based
- User to Admin
- Orders book
Features for integration into advertising or peer-to-peer crypto exchange platforms function
- Escrow Security
- Dispute Functionality
- Escrow wallet
- Buy & Sell order posting (Like Ads)
- Multiple payment methods & so on.
Features for integration into user-admin crypto exchange platforms:
- OTC trading,
- Instant Buy & Sell
- IEO MOdule
- Staking
Features for integration into order book crypto exchange platforms
- Order Book,
- Spot trading,
- Types of Order,
- Match Engine,
- Derivative Trading
- Crypto & Fiat Payment gateway
- Crypto wallet & some more.
We have to segregate the features with the crypto exchange working module. More than that white-label crypto exchange software have some standard features for all working modules.
Key features of all types of white-label crypto exchange software
- Admin panel
- Multiple-cryptocurrencies support
- Referral options
- User Panel
- Advanced UI/UX
- Multiple trading support
- Multi-language support
- KYC
- HTTPS Authentication
- Biometric Authentication
- 2-way Authentication
- SQL injection prevention
- Data encryption
- Jail login
- Margin trading
- Anti Denial of Services(DoS)
- CSRF & SSRF protection
These are the essential features of white-label crypto exchange software, more than that if you wish to add more features to your crypto exchange platform, it is possible in white-label crypto exchange software. But not all white-label crypto exchange software providers are offers these features at an accessible price, among them some of the providers providing high-featured and high-quality white-label crypto exchange software reasonable cost. You must make an effort to track down them.
How to find the best white-label crypto exchange software providers?
It is a very long process for finding the best white-label crypto exchange software provider. You have to verify mandatory things like a Worthy portfolio, Good ratings & reviews, Experience in the industry, Other services in the field, Development cost estimation, and Required time for development. Ensuring the development company satisfies all the aforementioned standards makes the development of your cryptocurrency exchange easier. Once you've contacted a reputable white-label crypto exchange software provider, you can communicate your requirements to develop your feature-rich white-label crypto exchange software. Finally, they will complete all of the work required to launch your cryptocurrency exchange platform.
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