A Crypto exchange platform is an online software platform where users can buy, sell, and trade their crypto assets in a fast and secure manner. When you develop a crypto exchange with advanced trading features and a stunning user interface you can engage with many users on your platform. Also, you can make huge profits from your crypto exchange through withdrawal, deposit, Listing, and transaction fees. So There is a demand for crypto exchange development from these peculiar benefits. Now let’s see the development methodologies of the crypto exchange platform.
Generally, the crypto exchange can be developed in two ways
- Development from scratch
- Develop using white label cryptocurrency exchange software
Development from scratch
The level of work depth and research magnitude that goes along with integrating a cryptocurrency exchange from scratch is very huge. Since the process involves a unique coding mechanism and macro detailing on multiple occasions, the cost along with the time involved will be sky-high. Adding to that, given the pace with which the current crypto market is progressing, it would be considered not ideal to incorporate cryptocurrency exchange from scratch. Developing cryptocurrency exchange from scratch will throw several technical and non-technical hiccups along the way. These difficulties would include crypto wallet integration, partnering with financial institutions, lack of beta testing, and a high-security risk. If this was the introduction period of cryptocurrencies, then developing from scratch might probably be the best way to go about starting a cryptocurrency exchange.
Develop using white label software
The consistent improvements and advancements in the cryptocurrency ecosystem have forced many budding entrepreneurs to take a different approach. An approach that would be more appropriate to the current pace of the crypto market. In that regard, starting a crypto exchange using a white label solution will be a perfect fit. This is because, even after adding all the additional revenue streams, the cost of launching a crypto exchange using a white label would still be very low when compared with starting from scratch. With this option, every single crypto exchange will have the opportunity to exhibit its unique benefits to its most valuable users. Another major point that highlights the incorporation of the white label is the cost factor.
How much does it cost of white label crypto exchange software?
Upon getting familiarized with the revenue modules and multiple add-on features, a startup would like to know about the cost range for executing them. To be straightforward, developing a cryptocurrency exchange using a white label would cost from $8k to $12k. The difference in cost range will vary according to the add-ons and business requirements. Some of the exclusive benefits of going with a white label are listed below.
- High-end customization
- Constant monitoring facility
- Instant beta module testing
- Fully secured with bug-free & trading attributes.
These features and add-ons are the front-running examples of for opting the white label method to start a cryptocurrency exchange. The white label also offers the best trading experience along with impeccable security support.
Where to get the white label crypto exchange software?
Now if you are ready to launch your crypto exchange using a white label crypto exchange software, then there are lots of crypto exchange development firms available. But choosing the best firm is essential. From my market analysis in recent days, I found one of the companies”zab technologies”. They are a leading & well-experienced cryptocurrency exchange software development company in the crypto field. They develop your crypto exchange with customized features. So you can launch your own cryptocurrency exchange instantly in a hassle-free manner.
Also, contact their experts directly via
Whatsapp / Telegram @ +91 77085 29089
Skype : live:contact_86571