In the age of technology, the industries that are powered by blockchain networks are thriving. Cryptocurrencies are taking over the virtual space and with their phenomenal features and benefits. To start off with cryptocurrencies, the future currency, they are nothing but digital currencies or digital assets and have no physical form; in other words. It helps its users to transfer funds among one another without the need to be approved by a third party like banking institutions/centralized authority.
Cryptocurrencies are rapid, trustworthy, and highly secured. Using cryptocurrencies also has other advantages like; it reduces transaction cost, it’s valuable and versatile, evades inflation, and is easily accessible.
Cryptocurrency exchange platform
A cryptocurrency exchange platform is a digital platform where the users can trade, buy, and sell cryptocurrencies in exchange for other cryptocurrencies or fiat currencies.
The features of cryptocurrency exchange software
- Derivatives trading – The features like future trading, perpetual trading, and options trading are all integrated with the crypto exchange software.
- Copy-trading – This allows its users to automatically copy positions opened in the financial market.
- Spot trading – This allows the users to trade financial instruments for instant delivery
- Over-the-counter trading – This allows the users to complete transactions with other parties without any interference of any exchange.
- Mobile trading app – This app allows users to trade at any time from anywhere, without geographical restrictions.
- KYC and AML – This feature protects you from scammers and other threats
- Multiple currency wallet – The crypto exchange software wallets support multiple currencies.
- API and SDK integration – This assists the users in completing all the essential protocols and guidelines.
- Multiple language support – The crypto exchange software supports multiple languages.
- Admin backend panel – This allows the user to manage and have a track of all the transactions.
- Gateway payment integration – All the payment gateway like debit and credit cards, cryptocurrency, Fiat money, and several others are accepted here for a seamless transaction process.
- High TPS – Several orders can be carried out without any downtime
- Matching engine – The buyers and the sellers will be able to connect swiftly with high performance.
- Referral programs – Both the users and the referrals will get referral rewards.
- Firewall implementation – With this feature, the users will get assurance of a hack free software
- Handling pending transactions – The pending transactions can be done seamlessly with this software.
- Crypto liquidity – With the liquidity management system, all the transactions will be done without any mess.
- History of transactions – The users can view the transaction history anytime.
White-label cryptocurrency exchange
The cryptocurrency exchange software has the ability to deploy a highly secured cryptocurrency exchange platform. White label crypto exchange is a pre-made or ready-made software solution that allows its users to launch their cryptocurrency exchange software in no time. White label crypto exchange software is highly secured with impressive features that are customizable. White label crypto exchange is the ideal software solution for people who want to start their own crypto exchange platform swiftly and cost-effectively. The features offered in a white-label crypto exchange software are;
- A robust digital architecture
- A high-performing matching engine
- Fast processing of both cryptos to crypto and crypto to fiat transactions
- Technical support
- Interactive
- High security
The adoption of a White label exchange platform significantly reduces the deployment time and cost of the project. Listed below are the reasons why white-label crypto exchange software are widely preferred;
- Globally credible
- Cost-effective
- Entirely Customizable
- High Security
- Reduction in time of deployment
- Rapid transactions
Benefits of white-label cryptocurrency exchange
White-label cryptocurrency exchange development is thriving in the digital age due to the ultimate perks it offers. Investors witnessed the vital role white-label cryptocurrency exchange software played in the market and now are finding opportunities to invest in cryptocurrency exchange development.
- Multi crypto wallet – This allows users to store multiple cryptocurrencies in their wallet
- Multi-language support – This software supports multiple languages for a seamless experience.
- Rapid transactions – Fast transactions are one of the main reasons why people prefer White label crypto exchanges software.
- Customizable – These softwares are highly scalable and customizable
- Advertisement posting – The users are allowed to post advertisements with all the necessary information.
White-label cryptocurrency exchange is considered highly secured software due to the following features;
- HTTP authentication – This secure authentication helps assure the users of safety.
- Data encryption – The personal data of the user is encrypted.
- Jail login – A suspension period will be given on multiple failed login attempts.
- Anti-denial of service – This will take care of the orders to deal with the overloading that happens on the server.
- Anti-distributed denial of services – This protects the system from high traffic.
- Server-side request forgery protection – With the help of third-party transactions, the attacks are protected on the internal network.
- HTTP parameter pollution protection – This safeguards all the sensitive information from web attacks
- Escrow protection – This is a credible medium of transactions for the users
Conclusion
The benefits of crypto-exchange software are; they are accessible, easily customizable, cost-effective, and can be launched instantly. White-label crypto exchange software is in demand and quickly becoming a high-revenue generating business because of all the features and the benefits that were mentioned above in the blog. If you are new to the crypto world, don’t get overwhelmed by all the things you have to do to find your place in the crypto market. Seek the guidance of a crypto exchange development company that provides white label solutions and is white-label-friendly. In this way, you will kick start your business in a short period of time.