The growing use of cryptocurrencies and exchange platforms has prompted the industry with relatively new concepts and mechanisms. One such trend is developing a trading platform through a White label crypto exchange software. This blog is intended to provide the importance of white label exchange development.
What is a White label Crypto Exchange?
A White label crypto exchange is a ready-made software that is developed with the loaded features. They facilitate the instant launch of a Crypto trading platform without any hurdles and a hassle-free way.
Therefore, one just need to draft their unique requirements, make the desired changes as per the choice and create their own brand. Once they are built accordingly, the client can install and run the software and start a crypto exchange instantly!
But in the case of development from scratch, everything right from design to deployment has to be done for every single phase. This can be time-consuming as well as an expensive daunting task.
In White label Crypto Exchange development, the cost will also be less compared to developing from scratch. As the modules are readily-built, developed, tested and executed. But in the case of development from scratch, you need to pay for multiple parties in this case.
In the same way, one should upgrade the security features in the White label Crypto Exchange Software. In this case, you can make the desired customizations and offer wallet storage to them. But while developing from scratch, you will be completely responsible to guard your user’s funds against hackers.
Advantages of the White label Crypto Exchange:
- Quicker Deployment process.
- Highly beneficial if you lack technical expertise.
- Guarantees High Return on Investment.
- Cost-effective.
Here are some of the features which you can integrate into the White label crypto exchange software:
- Mobile Trading App.
- IEO Module/Launchpad.
- Atomic Swaps.
- Liquidity API.
- Margin Trading.
- Payment Gateway Integration.
- Crypto Wallet Development & Integration.
- Referral Program.
- Multi-currency Pairing.
- Admin Console.
- Trader Console.
- KYC/AML Solutions.
If you have a plan to Start a White Label Crypto Exchange, I would suggest you go with White label crypto exchange software to instantly launch a trading platform.
Such an interesting thing to learn today