When it comes to the trending technologies of today, we cannot miss out on Blockchain technology. It was launched in 2008 and since then there is no looking back for it. The technology allows businesses to carry out transparent and secure transactions.
Discussing cryptocurrency, we all are familiar with Bitcoin which was released in 2010 and the present value of a single bitcoin is unbelievable.
So, looking at the success of this technology, we can surely say that investing in an effective cryptocurrency exchange development solution is going to help you reap the benefits. In this article, we will discuss the cost & features to build the most trending cryptocurrency exchange that is Binance. So, let us begin.
Introduction To Binance
Binance is one of the giant crypto exchange platforms across the world. It is one of the trading platforms that offer innovative trading modules to its users. Crypto became popular among users in a short span thereby resulting in high demand for reliable blockchain development agencies in the market.
Statistics of Binance
Looking at the stats of this platform given below you will be amazed to see its success. It has 10 million active users as the platform offers a range of features like instant trading, order booking system, IEO module known as Binance launchpad, future trading, margin trading, currency marketplace, multi-lingual support, impressive UI/UX, etc.
Why Binance Is A Successful Crypto Exchange Platform?
Today, the cryptocurrency market is at its peak across the world. At present 700 cryptocurrencies are available across the world. With the amazing success of bitcoin, a lot of people moved towards investing in bitcoin. It directly increased the demand for agencies providing blockchain app development services, primarily cryptocurrency exchange development.
Talking about Binance, it is new in the market and still has a market value of around $2 billion. What makes it so successful? Here are some reasons to look at
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Minimal trading fees
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Massive listings of Initial Coin
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Only 0.01% off each trade charged from the users (against every trade made by them)
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Support around 100 Cryptocurrencies
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Introduced gifting ideas such as ‘Gifto’
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Offer funding for start-ups to help them
So, you can make money by investing in Binance like cryptocurrency exchange app to build an excellent exchange development platform.
Now, let us move on to learn how to build a cryptocurrency exchange mobile app similar to Binance.
Essential Features To Be Integrated Into Cryptocurrency Exchange Platform like Binance
The most crucial thing that you need to consider during Binance Mobile App Development is the features that you want to include in your app. The reason is that you will find several platforms already available in the market. So, make sure you choose the features that are essential and not present in other apps. It means you need to make your app different from others. To do this you can choose cryptocurrency exchange app development services that can assist you to bring your ideas to life.
Secondly, do not overlook security. It is one of the vital aspects of trading on any platform that users would look forward to. So, make sure you hire a blockchain app development agency to help you build a highly secure app. The trading platform depends a lot on trust so security is the prime factor you need to give utmost priority which in turn would bring success for your app.
So let us go through the features you need for your cryptocurrency exchange platform :
1. Hassle-free Sign Up
To help your customers avoid the hassles of login in or sign-up repeatedly on your app/platform, try to introduce a hassle-free sign-up process. This will help users to trust your app and be assured that no hackers are trying to hack their accounts. You can ask the blockchain developers you hire to integrate a 2-step authentication factor too.
2. Complete Verification
