Must-know features about a White label Cryptocurrency exchange software

1. Must-know features about a White label Cryptocurrency exchange software

2. With cryptocurrencies continuing to have strong control over the digital world, the trade has witnessed an upsurge in new registrations, heftier transactions and frequent inflow of orders.

3. As companies focus on improving efficiency by reducing costs and saving time, White label cryptocurrency exchange software solutions have proved to be an effective package. Let us get to know more about them.

4. What is a White label Cryptocurrency exchange software?

5. It is a licenced package in-built with all the essential features • Customization can be made by clients according to their preferred logo, functionality, brand name, colour theme, and UI/UX design. • It can be readily put forward for usage in the market. With pre-testing completed before delivery, most of the White label solutions are bug-free.

6. Benefits of White label Crypto exchange software

7. Businesses can save huge expenses incurred from scratch on software development by outsourcing the creation of the exchange to an experienced company. • Firms can focus more on core operations and utilize their time effectively. • Customers can fulfill their needs quickly as all the needed features are available at their fingertips. With more customization, the brand image of the company can be revamped and made more unique.

8. Some of the important characteristics needed in a White label software are,

9. 1 Trading engine and Wallet

10. An accurate trading engine is needed which would match buying and selling orders within a specific time. It has special facilities such as market order, stop order and limit order which enhances the trading experience. • Multi-signature wallets would be required (both hot and cold) for storing the tokens and coins of users securely. • The wallet must be compatible with numerous modes of payment. It should provide an option to add or remove cryptocurrencies and fiat currencies.

11. 2 Security and Transaction management

12. Rigid standards must be enforced for safeguarding user data. Techniques such as two-factor authentication, encryption of critical information and jail logins can be used. • Trading activities can be improved through the speedy processing of transactions. • Some exchanges offer a Transaction speed of 50000 to 100,000 per second. It upgrades the overall performance of the exchange.

13. 3 Admin panel and Customer support

14. A user-friendly dashboard will prove to be a value addition for a customer. Options such as a real-time market watch, graphs and charts related to prices and market movement can be provided. • Flexibility can be given to traders to fix their desired options according to their preference. • Exchanges which offer 24x7 customer support in multiple languages will be able to beat rivals in gaining more new users.

15. 4 Margin trading and Derivative trading

16. Margin trading benefits smaller traders to open a larger position with a smaller amount of funds. • This can lead to maximizing the gains from trading by exposing themselves towards a larger corpus and managing risks efficiently • Through derivatives trading, buyers and sellers can execute the trade on a future trade at a fixed price. They can open short positions or long positions appropriately by managing spreads perfectly.

17. 5 Order management

18. It must display the pending transactions which are yet to be authorized by the admin. • Additional information such as name, e-mail address, phone number, and the bank account details of the beneficiary must be exhibited. • The balances of various cryptocurrencies should be shown regularly. The bid and the ask table is exhibited mentioning the bid ID, amount, and quantity.

19. 6 Referral and Reward program

20. An integrated referral program can be created for existing users who can refer other people known to them. • It must be attractively designed backed up by valuable rewards. • The incentives should be distributed regularly among the users. This would help in better reputation management and improve the brand image

21. 7 Cost of building a Whitelabel crypto exchange platform

22. Heavy investments in a dedicated software development team and marketing team would be required. • The expenses of creating a full-fledged exchange varies from one company to another. The final price depends on the features to be embedded in the trading platform. It can start from $20000 and go up to $50000 depending upon customer preference and project complexity. • It is also related to the scope and intensity of operations of the firm.

23. Why choose CES?

24. CES is a trustworthy Cryptocurrency exchange development company in the industry. Our team of experienced developers have updated market knowledge ranging across a wide number of industries • We have developed successful projects for many clients. Constant communication is provided with expert assistance during different stages of the project. • After-sales support and solid maintenance are rendered for every issue related to your business.

25. Got any questions? Contact us via E-mail: info@cryptocurrencyexchangescript.com Website: www.cryptocurrencyexchangescript.com Phone: +1(718)-521-4600