Cryptocurrencies are evolving around this digital world. Currently, many advanced technologies are evolving across the globe. One such advanced technology is blockchain technology. The first digital currency i.e bitcoin is discovered by using this technology.
With the increase in Cryptocurrencies, the industry has also experienced an increase in crypto trading platforms. Thus, most of the entrepreneur’s attention has turned towards developing a crypto exchange where buy and sell orders are done.
Moreover, many crypto-based products and crypto exchange solutions are developed using blockchain. Likewise, white label crypto exchange software is one of the ways to develop a full fledged cryptocurrency exchange software. Even many crypto enthusiasts are emerging to start a cryptocurrency exchange platform.
To instantly create a cryptocurrency exchange platform, one can make use of White label crypto exchange software. But the crucial thing is to hire the best-in-class solution provider who renders a supreme white label exchange at an affordable cost.
what is a cryptocurrency exchange?
It is a crypto trading website where one can buy, sell, or trade crypto coins that are available in the market. Bitcoin, Ethereum, Ripple, Dash, and Litecoin are some of the popular cryptocurrencies. There will be no intervention from the bank or government. So it’s a safe place to trade digital currencies in a hassle-free manner.
Also, you can make a vast amount of profits by starting a crypto exchange platform. Already many entrepreneurs started their own crypto trading platform using white label cryptocurrency exchange software.
Starting a cryptocurrency exchange is not a daunting task nowadays. But one should admit that it is not an easy task too.
It comes with a lot of responsibilities and management challenges. But conducting a crypto business is like conducting the work on a computer.
All you need to do is to regulate the systems and keep an admin regularly to have a watch over its operation and actively manage them to work on cordially.
This is how the cryptocurrency exchange works. But do you know how to start a cryptocurrency exchange platform? No, right?
In this blog, let us figure out what is white label software and key features for choosing your white label crypto exchange software
What is a White Label Cryptocurrency Exchange Software?
White label cryptocurrency exchange software is a ready-made software that helps you to launch your exchange instantly. It is developed, designed, tested, and ready for deployment. After purchasing this software you can customize the logo, name, and other designing parts according to your business requirements.
It is inbuilt with all the necessary technical, functional, and security features. So this white label software saves your time. Also, it saves your valuable money. This white label software supports all the prominent crypto coins for trading. So your users can trade a wide range of cryptocurrencies instantly in a secure manner.
Some reasons to choose the white label cryptocurrency exchange software are given below.
- Faster deployment
- Reliability
- Technical support
- Boosts brand visibility
- Saves time and money
Now let us look at the key features to choose your white label cryptocurrency exchange software
I think you have some ideas about white-label software. Here are some features that play a crucial role in all the crypto exchange platforms. There are lots of white label software available in the crypto market place. But only a few crypto professional experts provide bug-free white-label software with all the desirable trading features.
You have to look for some facilities before choosing your white label crypto exchange software, such as user interface, standard security aspects, certifications, seamless scalability, and customer services. There are some notable key features for choosing the best white label software, they are:
- Multi-Cryptocurrency Transaction support
- Preferred Trading
- Multi-Lingual Support
- Token Addition
- Initial Exchange Offering (IEO) Integration
- Liquidity Management
- Escrow Services
Multi-cryptocurrency transaction support
The white label crypto exchange software should support multiple digital currency transactions. Also, it should be available in the crypto market place. So that users can buy and sell crypto coins in a hassle-free manner. The software must support multiple crypto pairs with fiat to crypto or crypto to crypto trading. This might attract crypto traders from various countries. There must be a clear listing of the digital currencies. So that you can avoid confusion during the transaction.
Preferred Trading Support
There must be a list of traders and matching traders must be available. So that one can choose the buyer or seller for the crypto trading process. Also, the option of canceling the trading process must be available. So that users can cancel the trading when they feel uncomfortable or any trust issues arise.
Multi-Lingual Support
If you are a user, then you should be able to communicate in different languages with a necessary translation feature. It supports clear communications and GPS enabled & Tracking to locate the crypto traders across the world.
Token Addition
We should be able to add an unlimited number of token to our white label crypto exchange software. So that many investors and startups will come to us for adding the token to our crypto exchange platform.
Initial Exchange Offering (IEO) Integration
Users should be able to buy and sell the newly released crypto coins and tokens in the exchange platform. So that you can increase your user base and profits in your crypto trading platform. It also attracts many budding investors to join in your crypto exchange platform.
Liquidity Management
Liquidity is more important for any business. In the crypto exchange platform, liquidity must be high. If it is less, then your user may leave your exchange.
Escrow Services
Escrow services are said to be the trusted middleman in each transaction. This makes the buyer and seller transaction simple and increases the trust during the time of the transaction.
Where can you get the best white label cryptocurrency exchange software?
You can get the premium bug-free white label crypto exchange software from Coinsclone. It is the leading cryptocurrency exchange software provider in the crypto industry.
Coinsclone, the leading White label Crypto Exchange Software provider operating for more than 3+ years in the industry. Their features are completely developed to remain unique and stand out from the industry. Moreover, they make security as their #1 priority and bring out the solutions as needed.
The expert pool of developers at Coinsclone cater to every single requirement and work accordingly. They have so far delivered 100+ software solutions to global clients in accordance with their customizable requirements. Moreover, they offer all these solutions at an affordable price in the market.
In addition to this, here are the security mechanisms they have implemented in their Cryptocurrency Exchange Software:
- HTTPS Authentication.
- Data Encryption.
- Anti Denial of Service (DoS).
- SQL Injection Prevention.
- Anti Distributed Denial of Service (DDoS).
- Cross-Site Request Forgery (CSRF) Protection.
- Jail Login.
- Server-Side Request Forgery (SSRF) Protection.
- Firewall Integration.
- Multi SegWit.
Here are the premier features Coinsclone offers in their White label Crypto Exchange Software
- P2P Orders Books Trading like Binance, Poloniex, Bittrex
- P2P Ads Based Exchange like Localbitcoins, Remitano
- User to Admin / OTC Exchange like Luno, Coinbase, Coinmama
- Decentralized Cryptocurrency Exchange like IDEX, Waves DEX, Binance
- Binary Options Exchange Platform
They deliver supreme White label Crypto Exchange Software with Crypto Wallets integrated which can be accessed under both hot and cold storage. Hence, you can add or remove the cryptocurrencies of your choice.
If you are looking to start a crypto exchange business. Then use Coinsclone’s first-quality white label exchange software. So that you can build your crypto trading platform within a few days at a reasonable price. GET a LIVE FREE DEMO OFF >> White label Crypto Exchange Software
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