If you’re an entrepreneur, you might want to start your own cryptocurrency trading platform with your own name on it. You would sometimes worry about how much the software would cost, if it would work for your business, etc. You can start a white label cryptocurrency exchange development by building your own exchange from scratch. This usually takes more time and costs your own money. On the other hand, if you choose a “white label” cryptocurrency exchange, the process of building your site will be easy.
This blog will give you a complete guide to White label Cryptocurrency Exchange software that will help your business go to the next level.
5 Important Reasons to Buy a White Label Crypto Exchange
White label exchange software is a product that is already made and has the main features built in. This makes it easy for anyone to build their own white label bitcoin trading platform in just a few days.
Faster Deployment
You can start a crypto exchange trading platform right away when you use a White label Crypto Exchange. Since you already have software, it won’t take you long to build your exchange. White label crypto exchange platform can be a better choice for you if you need something quickly.
Reduces the cost of Labor
Since you already have a best white label cryptocurrency exchange that is built, it can save you money on building a trading platform for cryptocurrencies. For example, if you hired a group of skilled workers to help you build it, it would probably take more than 3 or 4 months.
Reliability
You don’t just have to worry about reliability when you buy white label crypto exchange software from a top solution provider.
Helpful if you don’t know much about technology
White label cryptocurrency exchange makes it easy to set up your own white label bitcoin exchange platform, even if you don’t know much about the technical side of things.
Boosts the visibility of the brand
Since you already have a branded script with you, your brand will go up to a higher level. Since the product will have your own name, design, and logo, the people you want to reach will see your brand.
Also Read Here: Profitable Bitcoin And Cryptocurrency Exchange Business Ideas
What does White label Crypto Exchange have?
Margin Trading
With the Margin Trading feature, your users will be able to trade at certain margins. Traders with a small amount of crypto can use this feature to make their position or investment more powerful.
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Module for the Initial Exchange Offering
As an owner, you can check the IEO projects that can be listed on your exchange platform. This is because IEO is a new strategy in the industry.
Exchange for Security Tokens
Security Token Exchanges are built in a way that follows all SEC guidelines and local laws.
Dashboard for admin
As the platform’s Issuer, you can manage the users and keep track of their buy-sell transactions. You can change everything about an entity in the panel to fit your needs. The dashboard tells you about the exchanges that are happening right now and the transactions that have happened up to this point. You can also use a filter.
Dashboard for Investors
From the user’s point of view, they can check their balances in both cryptocurrencies and traditional currencies. They can also look at real-time prices and industry statistics. They can transfer, buy, and sell digital assets on the white label digital asset exchange.
Trading Bot
Your users won’t just have to worry about trading, since the Trading Bot will be in charge of buying and selling these virtual currencies when they’re not around.
App for Android and iOS mobile devices
Since most business owners and traders use mobile trading devices to do their work, this is. With a white label bitcoin exchange platform, the whole process can be done in a few seconds.
Integration of a white-label cryptocurrency wallet
A white label cryptocurrency wallet keeps the private keys and cryptocurrencies safe. People can choose between Hot Storage and Cold Storage, which are both supported by the exchange. So, if you want to start a crypto exchange, you should think about these things.
Bottom-Line
If cryptocurrency becomes the next big thing in money and trade, p2p crypto exchange development will be the ones who benefit the most from technology. Exemplary exchanges could even take over the world’s financial markets and make banks seem like a thing of the past.
Are you a business that wants to get into the market by creating a cryptocurrency exchange? If that’s the case, white label crypto exchange software development is a great option because it’s easier to use than custom development.
Building a white label crypto trading platform is hard work that requires researching the market, making a plan, designing the platform, and building it. Because of this, it is important for businesses to choose a technology provider that fits their needs best.