Cryptocurrency exchanges have become the major role for users to interact with blockchain assets. In recent days, white-label is the term often heard on Crypto Exchange platforms, and questions like “what is white label cryptocurrency exchange software? why is it matter?” which kept in the mind of several budding business people as undisclosed.
Without delay, let us dig into the topic “white label cryptocurrency exchange software”.
White Label Cryptocurrency Exchange Software - An Overview
White label cryptocurrency exchange software is a ready-to-launch solution, which can launch a fully functional, feature-rich, customizable as well as secured exchange platform, where anyone can buy/sell, hold or trade cryptocurrencies. You can build your own cryptocurrency exchange platform using this software.
But why choose white-label exchange software?
Why Choose White Label Crypto Exchange Software?
White label crypto exchange software now popping up everywhere. It was attracted by its various advantages by the crypto traders around the world. Here are the main reasons why one should go with white-labeled exchange software. Let me tell you in detail
Cost-effective
Many prefer the White Label crypto exchange rather than developing from Scratch because the development cost will be much less than from Scratch.
Save Time
It saves time and money, and it enables startups and entrepreneurs to enter the blockchain market quickly. When using white label crypto exchange software to build a crypto trading platform, you can instantly launch your business in a very short time period. While you have your own exchange platform development requirements, this white label will help you by its 100% tailormade option.
Customization Scope
White Label exchange solutions can be customized easily as per your business needs. It allows you to customize front-end designs, logos, trading functionalities, and other add-ons according to your needs in an easy way. You can rebrand this with less effort.
Liquidity
Liquidity is an essential factor for any crypto exchange, by enabling Liquidity API in the software you can increase the user base for your exchange. So, it is mandated to elevate your exchange’s liquidity accordingly. You can achieve this by getting the liquidity-enabled white-label exchange software.
Boosts Brand Visibility
The motive of every startup is to promote their brand and gain profit within a short period. If you already have a branded White label crypto exchange software with you then your brand to reach higher levels easily. Your brand will be more visible to the targeted cryptocurrency audience efficiently.
Easy Application Maintenance
To manage your entire crypto platform through the white Labeled exchange, you can simply have your own developer team by approaching any expertise from the dev. market. That allows you to focus on business rather than be full-time engaged in technical aspects of the development segment.
Ultimate features of White Label Crypto Exchange
List of white-labeled Exchange’s ultimate features that must be available in your exchange software.
-
Multi-Cryptocurrency transactions
-
Multilingual
-
Integrated multi-signature support on wallets
-
Integrated API
-
Powerful trading and matching engine
-
Elegant User-interface
-
Integrated Liquidity API
-
Multi-OS compatibility
-
KYC/AML integration
-
Effectual admin panel
-
Tightened security
Security features of crypto-exchange software
- Two-factor authentication
- Database encryption
- Anti-DDoS protection
- Anti-phishing software
- Escrow service
- CSRF and SSRF protection
- HTTPS authentication
Key Benefits of White Label Exchange Development Software
- Supports all major cryptocurrency blockchain
- Fiat support
- KYC/AML verification
- Multi-crypto wallet, label payment gateway
- High-security features
- Hyper ledger protection
- Blockchain technology protection assured
- 360-degree Customization
Steps to Launch White-Label Exchange Software
-
Next, you have to choose the type of white Label exchange software that you want to develop. Many types of crypto exchanges are available in the market. Before proceeding, decide which you are going to build whether a decentralized or centralized or a hybrid exchange platform.
-
Start to design the platform architecture. This step needs to be concerned with several important components such as trade engine, engaging user interface, multi-crypto wallet, robust admin panel, etc.
-
Legal establishment - this step is necessary because any exchange must go with the country’s regulatory rules. So ensuring governance attributes with your exchange will sustain a legitimate and secure atmosphere in service.
-
Find a reputed white label developer. Lots of exchange software providers are available but it is essential to find a reliable and experienced provider.
-
Security protocols - It is always must need to protect any web platform from third-party hackers when comes to business. Exchange is not an exception. So embedding robust security features with your platform is always necessary i.e, end-to-end encryption, two-step authentication, HTTPS authentication, etc.
-
While the development of white label exchange software, It is also necessary to check whether your exchange meets all the contemporary user demands. After a successful testing regarding, you can launch your exchange in the crypto industry and start a business.
Development Cost for White Label Crypto Exchange
The development cost for white label crypto exchange, all depends on your needs, customization preferences, and features you would like to include in your software. However, it is still cheaper than developing a platform from scratch.
In a Nutshell
A cryptocurrency exchange is a rapidly growing business in the blockchain industry right now. If you are thinking of launching your own crypto exchange platform then White Label Crypto Exchange software is the best one to achieve your dreams.
The increasing demand for exchange software means it is time to capitalize your business apt to the trend. I hope the discussed article assists you with all the necessary details about white-label exchange software, its ultimate features, benefits, and essential development steps.
Following, exchange software will boost your business, when it is properly chosen. There are many software providers and blockchain experts available in the global developer market. By choosing the best one of them, you can build your exchange powerfully to the crypto world. Let’s kick start your exchange business with the best white label crypto exchange software.
