Millions of investors and traders worldwide are paying attention to the developments in the crypto market. Because of the growing popularity of these digital coins, investors are looking for trading platforms where they can trade these assets safely and securely. There is currently a high demand for secure, dependable, and trusted crypto exchanges. Buddy entrepreneurs worldwide are eager to capitalize on this new market trend and launch their crypto exchange software. The cryptocurrency market is extremely volatile, and timing is essential for success and survival. White label solutions are the best option for investors looking for ready-to-launch and cost-effective software.
If you plan to launch your crypto trading software and wonder why you should go with white label solutions. Then this post is a must-read for you. In this post, you will learn about:
- What is white-label cryptocurrency exchange software?
- Different Types of White-Label Crypto Exchange Solutions
- Why Are White Label Solutions Ideal For Your Crypto Exchange Software?
- How Much Does a White Label Crypto Exchange Cost?
What Is A White Label Crypto Exchange?
White label crypto exchange development is a pre-built solution that includes the basic functionality and technology stack. Because of blockchain technology and smart contacts, this software, like any crypto exchange, can be used to trade cryptos securely. This software can be customized to meet specific business needs. You can launch a trading software with a distinct identity, a specific business logo, an app interface, popular features, and a color theme.
Reasons why white label crypto exchange solutions are so popular -
- These are ready-to-use software solutions.
- Compared to the scratch development process, the development cost is relatively low.
- These can be tailored to meet your company's specific needs.
- Even with customizations, you can have your exchange platform up and running in eight to ten weeks.
The cryptocurrency market is one of the world's fastest-growing and most profitable industries. White label crypto exchange solutions allow investors to enter the crypto world and profit handsomely when the market is bullish.
Different Types of White-Label Crypto Exchange Solutions
There are three main types of white-label crypto exchange solutions on the market. As you are aware, these are pre-built solutions, which means you can test them before deciding to purchase. There are three types of white label crypto exchange solutions available on the market:
Cloud Exchange
Cloud exchange is the best option for new entrepreneurs and startups. A white label solution provider can sell cloud exchange on a monthly payment basis. You can begin testing the waters with these ready-to-go solutions before launching a white label cryptocurrency exchange. Keep in mind that there are additional fees associated with server setup fees with these cloud crypto exchange white label solutions.
DIY Centralized Exchanges
DIY centralized exchanges white label solutions will provide you with all the components and tools needed to run a cryptocurrency exchange. These are available monthly and are ideal for testing and, later, launching. A white label software solution gives you complete control over the cryptocurrency software exchange. Remember that you will need to organize a hosting provider for your DIY centralized exchange.
DIY Decentralized Exchanges
White label exchange solutions for decentralized exchanges are widely available. Because smart contracts power them, these exchanges are ideal for launching your trading platform. The main advantage of DIY decentralized exchanges is that they are ideal for automating trade matching and wallet management in a decentralized manner.
There is a white label solution for various crypto trading exchanges available. If you're looking for a long-term investment, DIY centralized exchanges are your best bet.
Why Are White Label Solutions Ideal For Your Crypto Exchange Software?
Low-Cost and Time-Saving
White label solutions are pre-built, tested multiple times, and ready to launch. As a result, there is no need to start from scratch, add functionality, and test it multiple times. Customized blockchain solutions are inexpensive and save businesses valuable time by speeding up the development process. Because these software solutions are pre-built, you can even request a demo before purchasing them from a white label solutions provider.
Customizable
Even though white label solutions are pre-built, they can still be customized. These software solutions are simple to customize and can be tailored to meet specific business requirements. As a business, you can customize the app's layout, design, theme, logo and completely rebrand the software to fit your needs. Even with this customization, you can still launch your white label cryptocurrency exchange solution in five to ten weeks.
Reliable Solution
As you are aware, these white-label cryptocurrency exchange solutions are pre-built and ready to go. Furthermore, these software solutions are tested multiple times during the development stages for zero bugs, performance, functionality, and usability. In terms of feedback and performance, proper feedback is obtained from the company to whom similar white label solutions were previously sold. As a result, when you purchase this ready-made software, you can be confident that you purchase dependable solutions.
Quick to Launch
The cryptocurrency market is volatile, and these white label cryptocurrency exchange solutions are the best way to enter this rapidly growing market. These solutions are simple to customize, install, configure, and launch your exchange in weeks.
Zero Technical Knowledge Required
White label software is a ready-made solution that eliminates hiring technical experts to guide the development process. Although you don't need technical knowledge to use white label software solutions, you will need a software development company to customize them to your specific business needs.
How Much Does a White Label Crypto Exchange Cost?
White label cryptocurrency exchange solutions are ready-made, with development costs typically ranging between $20,000 and $25,000. (approx). However, the development cost may rise depending on the customizations and features you intend to include in your crypto exchange software.
Additional features that could increase the development cost
- KYC Integration
- Anti-Money Laundering Integration
- Payment Integration
- Cross-Platform Capability
- Limitless Cash Exchange Pair
- Making Markets
- Integration of a Crypto Wallet
- IEO Integrated Module
- White Labeling Services
Finally,
I hope you now understand everything there is to know about white label solutions and why these software solutions are becoming so popular among businesses worldwide. Businesses can avoid the time-consuming process of developing from scratch by using these ready-made solutions. And choose ready-made solutions that can be customized to meet their specific business needs. These software solutions are ready to deploy and have been thoroughly tested, making them a dependable option for your software development. Choose a reputable white label cryptocurrency exchange service provider for your trading platform. Purchasing a white label solution from a reputable partner lets you launch a bug-free, secure, feature-rich, and highly dependable crypto trading platform.
