No one would have imagined when the first crypto was developed that it would grow into a billion-dollar market quickly. The success of Bitcoin paved the way for many more successful crypto projects. Now, crypto-related ventures have become highly-rewarding ventures in the digital world. As the demand for cryptos has surged, the need for crypto exchanges has also grown exponentially. It has become an ideal solution for business entities to maximize their profits in the crypto space. But, crypto exchange software development may not be for everyone, as it costs big bucks and also takes time to be developed. Here’s where White label crypto exchange software becomes a life-saver for startups and small companies. Are you planning to launch your own crypto exchange and having thoughts about acquiring a Whitelabel solution? If yes, let’s jump straight in.
You already know people cannot get cryptos from banks or investment companies. People buy cryptos from a crypto exchange by connecting their crypto wallets. In simple terms, crypto exchanges are platforms where users buy, sell and trade cryptocurrencies in a jiffy.
Features of a Whitelabel crypto exchange software
✪ Customizability: Whitelabel crypto exchanges are highly customizable; Businesses can customize the solution based on their needs and also enhance it by adding additional features.
✪ Built-in KYC: White-label crypto exchanges are built with KYC modules that authenticate users and eliminate malicious traders.
✪ Analytical dashboards: Analytical dashboards consist of analytical reports, transactions, and business statistics. This can help users to make well-informed business decisions.
✪ Multiple payment modes: The platform supports various payment modes, including fiat currencies, which makes it easier for users by allowing instant transactions.
✪ Smart contracts: A crypto exchange platform comes with self-executing smart contracts that perform credible transactions at nominal costs.
✪ User management: With user management, you can delegate powers to sub-admins, manage commissions, monitor trading activities, and more.
✪ API & SDK integration: Crypto exchanges are integrated with API and SDK, which manage functionalities and offer seamless business experiences.
✪ Multicurrency wallet: The platform is built with multi-currency wallets that store and secure crypto funds with multi-layer security and defense scripts.
✪ High TPS: The platform is built with high TPS, which works and executes any number of transactions without hassle.
Advantages of a Whitelabel crypto exchange
👉 It has an intuitive, sophisticated user interface with improved user interactions.
👉 White label exchange platforms are built based on popular crypto exchanges. Therefore, you can efficiently brand your business.
👉 It is completely bug and error-free as it is already rigorously tested.
👉 You can seamlessly integrate add-ons on your platform.
Why can a Whitelabel crypto exchange be an ideal solution?
Marketing and branding can be seamlessly done with Whitelabel crypto exchanges. Whitelabel solutions are ideal for new businesses as they are cost-efficient and time-saving. You can personalize your platform based on your expectations and requirements. You need not necessarily have any technical knowledge to launch your crypto exchange software. You can enter the market instantly without the tiring process of developing a crypto exchange from scratch. You can also avoid the mistakes caused by trial and error.
The market for crypto-based ventures has skyrocketed in the past few years. Especially during the pandemic, when other industries suffered losses, the crypto market enjoyed huge profits. Many new crypto projects entered the market and reaped jaw-dropping profits. Sensing this demand for crypto coins, many entrepreneurs have started to develop their own crypto exchange software. White label crypto exchanges have become the most-opted solutions among entrepreneurs for their cost and time-saving features. You can get your own Whitelabel crypto exchange solution from a professional crypto exchange development company to kick-start your venture in the crypto market.