Millions of investors and traders worldwide are keeping tabs on the latest developments in the crypto market. Investors are looking for safe and secure trading platform like Robinhood clone because of the rising popularity of these digital coins. Currently, there is a great deal of interest in crypto exchanges that are safe, reputable, and trustworthy. To capitalize on this new market trend, buddy entrepreneurs worldwide are eager to launch their crypto exchange software. The volatile nature of the crypto market necessitates precise timing to succeed and survive. White label solutions are the best choices for investors because they are ready to launch and cost-effective.
If you’re thinking about developing your cryptocurrency trading platform and aren’t sure whether or not to go with white label solutions, consider the following. If so, you should check out this article. The following topics will be discussed:
- What does it mean to use a cryptocurrency exchange under a private brand?
- Cryptocurrency Exchange White Label Options
- For what reasons are white label solutions ideal for a cryptocurrency exchange application?
- A White Label Cryptocurrency Exchange Costs What?
What Exactly Is A White Label Cryptocurrency Trading Platform?
This type of software is a ready-made solution that includes all the essential features and technology stack. Due to blockchain technology and smart contacts, this software can be used to trade cryptos, just like any other crypto exchange securely. Depending on the company’s needs, this software can be customized accordingly. It’s possible to launch a trading app with a distinct brand identity, including a custom company logo and app interface as well as popular features and color schemes.
Reasons for the popularity of white label cryptocurrency exchange solutions –
- These are complete and ready-to-use software packages.
- Compared to scratch development, the development costs are relatively low.
- These can be customized to meet the specific needs of your company.
- Even with customizations, you can launch your exchange platform in eight to ten weeks.
The cryptocurrency market is one of the most profitable and fastest-growing industries globally. When the crypto market is booming, investors can make a killing when using white label crypto exchange solutions.
Cryptocurrency Exchange White Label Options
These three types of white-label crypto exchange solutions are the most common. Because these are pre-built solutions, you can try them out before purchasing. White label crypto exchange solutions can be divided into three categories:
Exchanging data in the cloud
Cloud exchange is the best option for startups and new entrepreneurs. A white label solution provider offers cloud exchange on a monthly payment basis. You can start testing the waters before running a white label cryptocurrency exchange with these ready-to-launch solutions. Remember that these cloud crypto exchange white label solutions have additional costs associated with server setup fees.
Consolidated DIY Exchanges
DIY centralized exchange white label solutions include all the components and tools you need to run a cryptocurrency exchange. These are ideal for testing and then launching on a month-to-month fee basis. You have complete control over the cryptocurrency software exchange with a white-label software solution. You’ll need to find a hosting service for your DIY centralized exchange.
DIY Decentralized Trading Platforms
It’s easy to get the decentralized exchanges’ white label exchange solutions. Because these exchanges run on smart contracts, they are ideal for launching a trading platform of your own. Automated trade matching and wallet management in a decentralized manner are the primary advantages of DIY decentralized exchanges.
There are a variety of crypto trading exchanges that offer a white label solution. Make sure to keep in mind that DIY centralized exchanges are the best bet for long-term investments.
What Makes White Label Crypto Exchange Software Solutions the Best?
Inexpensive as well as Time Saving
White-label solutions are just that: white-label, pre-built, multi-tested, and ready-to-launch. Thus, there is no need to start from scratch, add features, and test them repeatedly. White label solutions are cost-effective and time-saving for businesses, allowing them to focus on their core competencies. You can even request a demo of these software solutions before purchasing from a white label solutions provider because they are pre-built.
Customizable to Your Specific Needs
Even though white label solutions are pre-built, this does not mean that they cannot be customized. These software solutions are easy to customize and adapt to meet specific business requirements. There are various options available to you as a business to customize and rebrand the software to fit your needs. After five to ten weeks of work, you can have your own white label cryptocurrency exchange up to and running.
Solution You Can Trust
As you know, white-label cryptocurrency exchange solutions are already built and ready to go. Not only that, but during the development process, these software solutions are put through a series of rigorous tests to ensure that they contain no bugs and perform as intended. The company that purchased similar white label solutions in the past is contacted to get their thoughts on the product’s performance and feedback. As a result, you can rest easy knowing that whatever you purchase is backed by a money-back guarantee.
Launches in a Flash
If you want to get in on this fast-growing market, a white label cryptocurrency exchange solution is the best way to do so. These solutions can be customized, installed, configured, and launched in just a few weeks, making them ideal for small businesses.
Zero Technical Knowledge Required
There is no need to hire a team of experts to develop white-label software because it is a ready-to-use solution. White label software solutions don’t necessitate technical expertise, but they do necessitate the services of a software development company to meet your specific business requirements.
What does White Label Cryptocurrency Exchange Cost?
The development costs of white label cryptocurrency exchange solutions typically range between $20,000 and $25,000. (approx). The development costs of your crypto exchange software may rise as you add more features and customizations.
In addition to the development costs, there may be additional features.
- Capability for KYC,
- Anti-Money Laundering
- Payment
- Cross-Platform Integration
- Making Crypto Wallet Integration
- IEO Integrated Module
- White Labeling Services
Wrapping Up
I hope that you’ve learned all you need to know about white label solutions and why they’ve become so popular with businesses worldwide. These ready-to-use solutions allow businesses to avoid the time-consuming and expensive development of new products from scratch. In addition, they choose pre-made solutions that can be customized to meet their particular business needs. These ready-to-deploy software solutions have been thoroughly tested and are an excellent choice for your software development. Make sure you use a reputable white label cryptocurrency exchange provider for your trading platform. It’s possible to launch a bug-free, secure, feature-rich, and highly reliable crypto trading platform with a white label solution from a trusted partner.
