The crypto trading industry is one of the fastest-growing sectors that many entrepreneurs wish to venture into. If you are one among those businesspersons, then you can launch your peer-to-peer cryptocurrency trading platform in the market with an experienced team of blockchain developers and a customizable LocalBitcoins clone script.
Cryptocurrency is the future:
As we all know, cryptocurrencies have been ruling the market for a few years now. It succeeded mainly due to the security, non-traceable transacting facility, and more such factors. Another major advantage is that a trading platform will allow users to transact via fiat currencies or cryptocurrencies. Many business persons and platforms have already started adopting the cryptocurrency payment method. So, it is rightly said that cryptocurrencies are the future of transactions.
Does investing in this sector seem like a profitable business opportunity for you? Our blockchain developers and business analysts at Appdupe will help you build a highly optimized Local Bitcoin trading platform in no time. With our solution and your quality of service, your brand is sure to succeed in the market.
User benefits of a Local Bitcoin exchange app:
Users who transact via the Bitcoin exchange platform will have the following advantages. These are a few elements that make them lean towards the app when they wish to buy or sell cryptocurrency anytime.
Reputation rank:
The users’ past activities, trading patterns, etc., will be analyzed by the admin of the app. Each user will be awarded an individual reputation rank, and it will be visible to other users as well. This will help users choose a trusted trader based on their reputation rank. Users can transact with the best traders at all times.
Built-in escrow wallets:
During a buying or selling transaction, the Bitcoins are always stored in the escrow wallet. After the seller accepts the trade, the Bitcoins will be released to the buyer by the admins. The escrow wallet transactions will help in gaining the trust of your users.
Robust authentication process:
We are aware that security is one of the major concerns when it comes to a cryptocurrency trading platform. So, we build the app based on advanced security protocols and provide a two-factor authentication process in the app. Buyers or sellers will have to verify themselves twice before they can get access to the platform. It will prevent hacking and other fraudulent activities.
Multi-currency support system:
We also ensure that the trading platform we develop for you has the multi-currency support feature. This will enable users from across the globe to access your crypto trading facilities without any hassle. Currencies of any country can be used to buy or sell Bitcoins via your platform.
How does the cryptocurrency trading platform function?
After the benefits specified above, we also make sure that the app has a simplified workflow to increase its user-friendliness.
- Registration is the first and one of the most crucial steps to be completed when users decide to trade via these platforms. They also have to complete the KYC process to get access to the platform.
- Users can then view the list of advertisements posted by buyers or sellers in the app. If required, users can also list their own advertisements in the app.
- Else, if users are interested in an advertisement, they can select it and complete the transaction successfully. Bitcoins will be held in escrow wallets, and on acceptance of transactions by both parties, the Bitcoins will be transferred to the concerned users’ accounts.
- Before transacting, buyers and sellers will be allowed to interact via the chat option available in the app. Also, they have to complete the transaction within the specified time limit.
Build your Bitcoin exchange platform with us right away!
Talk to the trained experts at Appdupe, and we will help you develop the best-in-class LocalBitcoins clone app solution in a jiffy. We are experienced in building blockchain-based crypto trading apps and will deliver a solution that will succeed instantly in the market. Get in touch with our developers now.
