Why there is an urgent need to avail White label Exchange Services
Crypto entrepreneurs play a big role in the industry by pioneering different revolutionary projects. Starting a trading platform will attract a large user base of buyers and sellers.
Rather than hiring blockchain developers and arranging all the technical resources and spending a lot of time in creating a Cryptocurrency exchange, it is better to acquire a readymade White label Bitcoin exchange software that contains all the necessary features and components for the trading of assets.
The highlights of a White Label Exchange Software are
- Speedy execution of transactions with a greater throughput capacity.
- The acceptance of both market and limit orders raised by users on the platform.
- Integration with numerous payment service providers for efficient fund management.
- Multi-level referral programs that distribute rich rewards to existing users for adding new users to the exchange.
- Sufficient liquidity is provided through APIs and market-making.
- The provision of 24x7 technical support in multiple languages. Integration is also provided with third-party helpdesks.
- A central management console that ensures real-time market monitoring.
- Live reporting is done about the trends in the number of transactions executed, revenue received, user activity and the profits made.
- The robust admin panel takes care of registering new users, adding crypto tokens and trading pairs to the platform, and commission management.
- Easy to integrate APIs and SDK.
- Copy, margin, and over the counter trading facilities for the users.
- Access to an IEO launchpad for the traders to invest in newly launched tokens in the market.
- A merchant plugin facility where Cryptocurrencies can be seamlessly integrated with e-commerce platforms and shopping apps.
- Advanced security measures like multi-factor authentication, data encryption, blacklist tracking, cold wallets, anti-DDoS protection, firewall implementation, encrypted transport layer security (TLS), server hardening, password-protected user access, internal traffic encryption, and cold storage facilities are available on the platform.
The core advantages of a White label Exchange
- Is highly apt for usage by both novice and experienced Cryptocurrency traders.
- Is very easy to use without the need to possess any technical knowledge.
- The developmental investments are significantly decreased as the solution is very affordable.
- Is quite scalable as new features can be added anytime and more users can be attracted towards the platform fulfilling the growth expectations of the business firm.
- Has several engagement models to keep the users interested and the monetization settings are completely flexible.
- Personalization is ensured as the firm can add its brand name, logo, UI/UX design, and color theme.
- Can be launched in just a few days giving a huge competitive edge in the market.
What are the different White label Exchange Services?
- Conducting rigorous security audits to remove any vulnerabilities from the platform.
- Undertaking KYC/AML verification of the investors.
- Setting up the operational server and assisting in hosting it on a cloud platform.
- Ensuring end-to-end compliance with the regulations passed by authorities.
- Issuing timely software upgrades to enhance the functioning of the platform.
With enterprises looking to cut down their costs to improve their financial situation, obtaining White label exchange services would be a perfect solution for them to get more traction in the market and overtake their competitors easily.