Why Are White Label Cryptocurrency Exchange Script Preferred For Crypto Trading Software?

White Label Cryptocurrency Exchange Script

Cryptocurrencies and non-fungible tokens are a new hot topic in the investment world. Every day cryptocurrency trading platforms are adding new users to their platform, and the huge spike in the trading volume supports this fact. The increasing number of users is why startups and entrepreneurs plan or launch their cryptocurrency exchanges.

If you are looking to develop your crypto trading white-label platform, then there are two options. Either develop it from scratch or go for a white label decentralized exchange software development. We all know in business, timing is the key, and it is best to launch a product sooner when there is a huge demand in the market and take advantage of the market trend. For this very reason, there is a huge demand in the market for the best white label cryptocurrency exchange software. Let’s dive deep into the topic without any delay and understand white label solutions.

What Are White Label Solutions?

White labels are ready-made solutions that speed up the development process and allow businesses to launch the software instantly. These solutions are error-free as they are tested multiple times, tailored as per business requirements, and easy to use. Thus, making them an ideal solution for setting up cryptocurrency trading software.

Besides being ready to deploy, these white label crypto trading platforms are time-saving, secure, and cost-effective solutions too. If you are curious to know why startups worldwide prefer white label trading platform solutions, then this next section is a must-read.

Why Startups and New Entrepreneurs Prefer White Label Trading Platforms Solutions?

There is no doubt that developing and launching a trading platform is a profitable business idea. Startups and new entrepreneurs prefer crypto exchange white label solutions for two simple reasons. First, white-label solutions eliminate the need to develop the application from scratch and launch their platform instantly. Second, the development cost of the white label solution is less as the platform is pre-build and ready to launch.

Other advantages of white label solutions are bug-free, easy customization, ready to launch, and top-notch features. All these advantages are the reason why startups and new entrepreneurs choose the best white label cryptocurrency exchange scripts to launch their apps. Launch your application instantly and earn huge profits within a few months with these ready-made solutions.

Advantages of White Label Crypto Exchange Software

There are many reasons to choose white label crypto trading software for your crypto exchange rather than going for the scratch development process. Here are some of the advantages of the white label exchange software solutions for you – 

  • Cost-effective – As you already know, white labels are pre-build and ready to launch solutions. This means there is no need to hire a development team or create applications from scratch. They are saving a huge chunk of money for the investor who is planning to launch their own crypto exchange within a limited budget.
  • Ready to Launch – White label solutions are tested multiple times, thus eliminating any error. These can be tailored specifically to your business needs and are ready to launch in a few weeks. These are ideal for someone who is looking to enter the crypto market in a short period of time.
  • Easy Customization – Even though white label solutions are pre-built, these can be easily customized. Hire software experts and tailor white label solutions depending upon your business needs or specific crypto exchange requirements.
  • Reliable – These software solutions are tested multiple times thus are highly reliable for developing cryptocurrency trading software. However, if you purchase this software from a non-standard white label solution provider, then there are chances that you might face some technical issues.
  • Technical Support – A reputed white label solution provider will guide you during the complete development process and even after the launch as well. Have an issue with your trading platform or need some minor updates, these professionals will handle it all for you.

Must-Have Features in Crypto Exchange White Label App

Without a doubt, the features are the backbone of any software. Given below are some of the must-have features that you must include in your white label crypto exchange software. Must-have features are – 

  • Order Book System
  • KYC (Know Your Customer) & AML (Anti Money Laundering)
  • Third-Party API integration
  • Payment gateway and wallet integration
  • IEO Integrated Module
  • Available in iOS, Android & Web platform
  • Popular crypto pairs and their derivatives to trade
  • Market Making
  • Liquidity API
  • Margin Trading

Security Features Crypto Exchange White Label App

Security features are vital for white label crypto trading platform as it ensures users that both their assets and personal information are safe from cyberattacks. Here are some of the security features that are a must-have for cryptocurrency exchange software – 

  1. Escrow Wallet – All the digital transactions that happen on the trading platform go under the escrow wallet. Adding an escrow account facilitates faster and secure transactions on a trading platform.
  2. 2FA – SImply depending on a user name and password is not enough for a crypto trading platform. With 2FA, you can add an additional layer of security that a user needs to verify before logging into their trading account.
  3. Know Your Customer – KYC is an important feature that allows admins to know and verify users. It is AML Integration that helps in protecting your cryptocurrency exchange from hackers and scammers.
  4. Time Lock: This feature is a must-have for a cryptocurrency exchange as it reduces the chances of theft. What this feature does is that it limits access to the crypto account at a particular time.
  5. Google Authentication: Adding additional security layers such as OTP verification sent to phone or email is another way to provide security.

Wapping Up

White label crypto trading platform like coinmarketcap clone is the best option for someone looking for cost-effective and time-saving solutions. Make sure you purchase white label solutions from an authentic development company and launch a highly secured, reliable, and scalable trading platform. Even if you choose to do some alterations or provide some add-ons features to your white label crypto exchange platform, then it might take a few days to complete and launch the platform.

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