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There are several steps that need to be followed regardless of whether you choose to develop an exchange platform from scratch or opt for a white-label solution to create a cryptocurrency exchange script platform. It could help to deploy a successful platform as a result of this,
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Conduct market reach
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Research your competition
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Choose the right operational region
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Determine the type of cryptocurrency exchanges
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Ensure you choose the relevant features
Cryptocurrency is the trading of coins like Bitcoin, Ethereum, and Litecoin, There are three major types of cryptocurrencies, are
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Centralized cryptocurrency exchange
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Decentralized Cryptocurrency exchange
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Hybrid Cryptocurrency exchange
Centralized Cryptocurrency exchange:
The Centralized cryptocurrency exchange is the most common and traditional one in business transactions. The intermediate plays an organic role in the transactions between buyer and seller.
Decentralized Cryptocurrency exchange:
The Decentralized cryptocurrency exchange does not involve any intermediate between a buyer and a seller who is using a transaction and trading. The process is automated with the help of smart contracts and decentralized applications
Hybrid Cryptocurrency Exchange:
This is a hybrid cryptocurrency exchange in combining a centralized and decentralized cryptocurrency exchange. This scene is a crypto trading marketplace.
Features of cryptocurrency exchange script:
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Live Tracker
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Advances chart tools
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KYC/AML Verification
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Cryptocurrency and Fiat support
The Zodeak team has been involved in creating cryptocurrency exchange clone scripts for your business for the past 5 years. They successfully delivered more than 60+ projects successfully.