Cryptocurrencies are in full swing, and the time is not far off when everyone around the globe will only be using digital currencies. We are not stating this point out of thin air; we are saying this based on the increased demand for digital currencies and specifically cryptocurrency. To satisfy the demand and walk hand in hand with the revolution, you can create your cryptocurrency exchange platform. But what if we make the development process easier? Well, we can, as you can contact Digitalroar Softlabs, a leading White Label cryptocurrency exchange development company, and we will develop a ready-made cryptocurrency exchange platform as per your branding, logo, and design.
To save you time, money, and resources, there is no need to build your cryptocurrency exchange platform from scratch. You can hire a white label cryptocurrency exchange development company that fits into the criteria of all your requirements. We are sharing a guide on how you can find the best white label cryptocurrency exchange development provoder and make the crypto exchange development process easier.
Here is a comprehensive guide on how you can find the best white label cryptocurrency exchange development.
First, let’s understand what a White Label Cryptocurrency Exchange Platform is.
In simpler words, a white-label cryptocurrency exchange platform is a ready-made platform developed by a white label development company. The platform can be modified as per your requirements with changes in design, branding, and features as per your brand requirements. You have to share your specific requirements with the white-label crypto exchange development company. They work on your project with the detailing and ensure they deliver it on or before the deadline.
An exchange development platform makes it easier for users to trade several cryptocurrencies. The cryptocurrency exchange development platform seamlessly converts traditional currency into cryptocurrency. It proves to be the best for startups that don’t know much about cryptocurrency and big enterprises that juggle between so many projects on time and can’t fulfill the requirements of all projects. In this way, a white label cryptocurrency exchange platform becomes the perfect option for everyone and saves their time and resources.
Let’s Read The Key Features of The White Label Cryptocurrency Exchange Platform.
- User Registration and 2FA: In crypto exchange development, one of the key features is user registration and 2-factor authentication. As you integrate the sign-in method into the exchange platform, you ensure the safety of users’ information. As well as 2FA also makes your crypto exchange platform ultra safe.
- Trading Engine: In white label crypto exchange development, trading engines are a necessity. It ensures easy navigation of the trades. In a trading engine, users get an order book and order types, as well as a trading engine that matches the order price with other orders based on pre-decided price and time.
- UI & UX: UI and UX play an important role in crypto exchange development projects. They attract the right users to your platform and make it easier for everyone to navigate the platform.
- Crypto Wallet Integration: In a white label crypto exchange platform, you must check for crypto wallet integration. Crypto wallets are necessary to store digital assets and keep them safe. Integrate a crypto wallet that makes it easier to navigate as well as deposit and withdraw funds.
- Payment Gateway Integration: For a seamless experience on your crypto exchange platform, payment gateway integration is a must. This will make it more convenient for users to choose your exchange, as it offers seamless bank transfer, credit cards, debit cards, etc.
- Admin Panel: In every crypto exchange platform, the admin panel manages the backend of the platform. Due to the admin panel, users can manage and monitor the movement of the platform once the development is over.
These are the foremost key features one must have in a white label cryptocurrency exchange platform.
Things to check twice while selecting a white label cryptocurrency exchange platform.
As you are opting for a white label cryptocurrency exchange platform, you must comply with the high-quality standards. One shouldn’t compromise on these features when you are developing a platform. Here are some of them you can look for in your cryptocurrency exchange platform.
- Security First: In any platform, security features come first. While integrating security features, you must adhere to the governmental rules. 2FA stands as the most acknowledged as well as secure feature to protect your data with an extra layer of security and ensure no one can ever breach the application without the user’s consent.
- Regulatory Compliance: For legal operations, you must adhere to regulatory compliance, such as KYC and AML. This adds to the credibility of your cryptocurrency exchange platform.
- Scalable Architecture: Crypto exchange platforms must be scalable for all sizes of businesses. In this way, you don’t get stressed about the thought that your platform won’t be able to handle all the traffic when your business grows.
- Transaction Speed: In any cryptocurrency exchange platform, transaction speed matters the most. For the same, you must work on optimizing trading algorithms and infrastructures for efficient and speedy transactions.
- Multi-Currency Support: Your cryptocurrency exchange platform must support multiple currencies and make it a seamless experience for users around the globe. For the same reason, you must ensure that your cryptocurrency exchange platform has multi-currency support.
- Robust Testing: To ensure the platform’s reliability and security features, it is necessary to go through testing. As you test the product, you can find out how white label cryptocurrency exchange platform will work when there is high traffic and multiple transactions taking place at the same time. As you initiate the testing, you can find out earlier if there is any problem.
While opting for a white label cryptocurrency exchange development, you must check the above-mentioned features.
Conclusion
While selecting the right white label cryptocurrency exchange development company, if you check these things, you might find the perfect company that will develop a cryptocurrency exchange platform as per your requirements. As you opt for white label services, it saves you a lot of time and money that would otherwise be invested in creating something from scratch. Connect with us or you can share your specific requirements with us at +971551682166 and we will develop a cryptocurrency exchange development platform for you as per your expectations.