The Advantages of Choosing Whitelabel Crypto Derivatives Exchange Development Services | Antier Solutions

 
2020 was a valuable year for crypto trading. Be it BTC regaining its lost glory or the spectacular launch of Ethereum 2.0, the investors have discovered innovative ways to mint returns than just holding tokens in the wallet. Although derivatives in crypto trading was around the corner, it gained traction when the total trading volume reached USD 2.159 trillion in Q2 of 2020. Eventually, financial institutions have plunged at the opportunity to regale the enormous pool of token holders and got their crypto derivatives trading platform development done.

However, building a derivatives exchange from scratch is a comprehensive task that could take upot months. Since enterprises have to address the pressures from the stakeholders, a white label solution deployment is an effective alternative to launch early.

First things first — What exactly is crypto derivatives trading?

A derivative is a financial contract written between two parties to buy/sell a tokenized asset for a specified value on a specified date in the future. Crypto derivatives follow the same definition, except that the parties involved trade cryptocurrency on the exchange.

Crypto derivatives can be traded on both centralized (CEX) and decentralized (DEX) platforms. While a DEX allows peer-2-peer transfers and utmost autonomy to the users, centralized exchanges follow the traditional protocols. In both cases, however, the users have the autonomy to decide how much risk they want to take.

There are five types of crypto derivatives-

Why Use Whitelabel Software

You will need to hire Cryptocurrency derivatives development services to build and launch an exchange to facilitate the said transactions. You can either choose to build the exchange from scratch (by investing huge amounts of time and money) or buy the ready-to-use software (source code) and launch your exchange in less time for a smaller investment.

Using Whitelabel software offers many advantages such as-

Blockchain is, by nature, more transparent and secure compared to other platforms. But when you use the software of Whitelabel company, you can be assured of additional security levels on the exchange. The exchange is protected from hackers using various security protocols. Users’ data is kept safe while also ensuring that the user experience is not compromised.

When it takes less time to launch a fully developed exchange, it will provide you more opportunities to expand your customer base. The Crypto derivative exchange development services provided by the Whitelabel company are aimed at giving you a definite edge over your competitors and making the most of the market trends.

Launch your Crypto Derivatives Exchange Today!

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