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Cryptocurrency Exchange Software Solution Provider

To start your own cryptocurrency platform, it is very important to know its basics and requirements. There are basically two types of people active on this platform, namely the user and the administrator. The users are the ones who can login to the cryptocurrency exchange platforms and exchange their cryptocurrencies or trade them for other assets.

Users are presented with a wallet in which they can store currencies and withdraw them if necessary. Another type of user is the administrator who runs this business and has a track record of the application and its security. The administrator manages the customer, its security, and other settings. Another requirement is the blockchain app development services, as cryptocurrency itself is a subset of blockchain technology.

There are many additional facilities offered by cryptocurrency exchange platforms and blockchain app development companies that promote user security and prevent theft or any kind of tampering with user data or digital assets.

In this article, we will tell you about Cryptocurrency Exchange Software Solution Provider. So join us!

Types of Cryptocurrency Exchange Platform

Types of Cryptocurrency Exchange Platform:

Decentralized Crypto Exchange: Decentralized exchanges provide transfers of funds directly between users' wallets. This reduces the potential for theft from exchange hacking since the exchange never actually stores cryptocurrency. However, you should keep in mind that in such exchanges, the lack of moderating third-party shifts all responsibility for errors and security to the users themselves.

Centralized Crypto Exchange: This is the most common type of exchange. Such exchanges have a centralized operator who is responsible for security, updates, and functionality. Centralized exchanges manage order books, which record all buy and sell orders. The weak point of this type is that coins are stored in the services themselves, which increases the likelihood of losing your funds due to hacker attacks. Therefore, centralized exchanges work hard to ensure the proper level of security.

Peer-to-Peer Exchanges: P2P exchanges provide the sale and purchase of cryptocurrency directly between users. Traders leave their orders as on a bulletin board, and other network participants can respond to the offers and agree on the terms of buy/sale.

P2A Crypto Exchange (Peer to Admin): Bitcoin trading always happens through a bitcoin trading website. Here admin (owner) of the website has the power to set the selling price and buying price of bitcoin. So traders are allowed to trade only with the specified price rate. Since the admin has the control over the price fixing, he can gain a huge profit from every successful trade.

Security Features of Cryptocurrency Exchange

• Database Encryption
• Multi-signature Wallets
• Biometric Authentication
• Jail Login Method
• DDoS Mitigation
• Regular Security Audits
• IP Login Restriction
• Escrow Management
• End-To-End Encrypted Transactions
• Anti-Phishing Software
• Browser Detection Security
• CSRF Protection
• 2FA Authentication
• SSL-Security

White Label Crypto Exchange

What is a White Label Crypto Exchange?

Generally, ‘White Label’ refers to a customizable product and, or service that is developed by one company and sold to another. In other words, the development company sells the rights of a white-label solution to its client company, either fully or partially. Apart from being time-saving, such solutions prove to be economical for businesses. A white-label exchange is a market-ready solution with ready-to-deploy back-end and easy-to-customize front-end. The UI/UX can be easily customized as per brand requirements and the software can be quickly launched into the market.

Features of White Label Crypto Exchange

• Liquidity
• Immaculate exchanging motor
• Wallet coordination
• High amount of transactions per second
• Security highlights
• Exchange of advanced resources
• Escrow
• Referral program
• Staking
• Crypto payment gateway integration
• IEO module
• Admin panel
• Intelligent analytic outlines
• Trading Bot
• KYC and AML

How Long Does It Take to Launch a White-Label Crypto Exchange?

Launching a white-label exchange should take the shortest time possible. Most white-label exchanges can be launched in between 1–4 weeks.

Cryptocurrency Exchange Software Solution

What is Cryptocurrency Exchange Software Solution?

Cryptocurrency Exchange Software Solution is a ready-made exchange software designed to provide the Exchange of Cryptocurrencies and Tokens along with numerous trade options like derivative, margin, P2P, dashboard maintenance, order creation, and current crypto monitoring of currencies. The White-Label Cryptocurrency Exchange Software contributes to the user-friendly UI/UX designs, matching engine creation, order management systems, liquidity provision tools, along with tamper-proof security implementations.

The Benefits of Crypto Exchange Software Solution

• Easy to deploy products
• Customizable UI/UX
• Market analysis
• Time efficient transactions
• Cost effective crypto exchange
• Multiple payment methods
• No need for an expert technician
• Reliable crypto exchange
• Improved accuracy and efficiency
• Multiple device access

What are the important topics to start a Crypto Exchange Software Solution?

• User-friendly interface: The user interface includes branding, personalization and software customization. You need to work on naming, logos, design settings, features, and more.
• Admin console: Designing a panel for the user and site administrator is one of the requirements for a white label crypto exchange.
• Security system: In this section, security measures, licenses, privacy and anti-hacking are set by the platform owner.
• Payment system: The payment system is responsible for revenue generation, fees, deposits and withdrawals.
• Support: One of the most important issues of digital currency exchange is the constant support of the software.
• Trading engine: This module is responsible for checking wallet balance, determining the order of buying and selling assets, counting the balances, merging with liquidity pools and payment gateways, and counting rates and commissions.

Top 4 Cryptocurrency Exchange Software Alternatives

Top 4 Cryptocurrency Exchange Software Alternatives

Binance: Binance Clone Software has advanced features and functionalities to facilitate hassle-free trading with a robust trade engine, intuitive UI/UX to launch crypto exchange-like binance in a short time.

Kucoin: Kucoin clone software is the clone of the Kucoin exchange platform, assimilating all the essential features and interfaces of Kucoin with customization options. They do not infringe any copyrights, as they could be structured protecting the privacy and respecting the terms and conditions of the Kucoin.

Coinbase: Coinbase clone script is a ready-made, secure, customizable, and multi-tested clone script software that is an exact replica of a popular cryptocurrency exchange – Coinbase.

Paxful: Paxful clone script is the clone software of the Paxful cryptocurrency exchange. This script follows a similar preface of Paxful with some unique features. It is a ready-made clone script software that can help client to start their cryptocurrency exchange business right away.

Summing Up
Companies present the most beneficial ready-made Cryptocurrency Exchange Software Solution for your websites. They similarly give custom web development solutions and website clone scripts services. Their development is highly adaptable, strong, and easy to use. Furthermore, this way gives your clone script a very competitive advantage. The scripts are complete with attention to usability and search engine optimization and consequently spring you.
Radindev Technologies, a top software solution provider, provides the above set of entities and the security features in them. The cost of developing a cryptocurrency exchange depends on all these requirements for current implementation!
Finally, Radindev, as a Cryptocurrency Exchange Software Solution Provider, presents the most beneficial ready-made software and develops highly polished and more customized mobile apps for you with back-end support. Hire our dedicated team and start building your business to the next level. You can connect with our experts for a fruitful and careful cryptocurrency exchange solution.
Hope the above information is helpful to you.

 

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Thiago Arimas

Thiago Arimas

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Radin

Member since

07 Feb 2022

Location

Istanbul

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