Skip to main content

Things you need to know about Cryptocurrency Exchange Software Development | Antier Solutions

Cryptocurrency has become popular in recent times. More and more people from across the globe are showing interest in understanding, buying, and trading cryptocurrency. Even though there are different cryptocurrency trading exchanges in the market, there is a demand for crypto exchanges that offer better services.


A crypto trading exchange is a platform where people buy and sell cryptocurrency. The success of crypto exchange software depends on how secure it is, how fast the transactions are processed, and how many cryptocurrencies it supports. Also, the crypto exchange should allow users to convert crypto to fiat currency and vice versa.

You would know that developing a cryptocurrency exchange from scratch is no small feat. It involves a lot of money, time, and effort. Not everyone can afford to invest as much money in developing the platform right from step 1.

Well, it is not needed either. You can contact cryptocurrency exchange software developers to provide you with the white label software and customize it based on the features and services you want to provide to your customers. The software providers will use the existing code to develop a crypto exchange based on your requirements. They also assist you in meeting the local and state regulations for launching a crypto business in your desired region.

Three types of crypto exchanges are widely used by crypto traders and investors.

To decide which kind of platform you want to develop, it is important to research the market where you will be operating the business and understand what the users prefer.

Once you have decided the type of exchange, it’s time to consider the features of the crypto exchange software. The following are some of the must-have features of every crypto exchange.

The admin panel is for you and your team to keep track of the activities on the exchange and ensure that there are no glitches or malpractices. 

KYC verification is compulsory before allowing a user to start transactions on the exchange. 

Do you know that there are more than 1500 digital currencies in the market? While only a handful of them are well-known, you can support as many as you want on the crypto exchange. A wallet that holds multiple cryptocurrencies is a must for every crypto platform.

Conclusion

At Antier Solutions, we provide a white label crypto exchange solution fortified with market-leading features like high TPS (100000 transactions per second), multi-currency wallet, instant KYC and AML, and more. In addition, we specialize in building a custom crypto exchange from the ground up.

Schedule a free demo of our white label crypto exchange software or connect with our subject matter experts to share your needs for a custom exchange to be built from scratch.

Originally published at https://www.antiersolutions.com (Read complete here)

Labels:

Comments

Post a Comment

Popular posts from this blog

How to Create a Crypto Exchange | Start Your Own Cryptocurrency Exchange | How to Create a Cryptocurrency Exchange Website | Antier Solutions

The number of cryptocurrencies has grown to over 2,300 through 2019, according to CoinMarketCap, and the market has witnessed an incredible increase in the number of crypto investors over the past decade. Earlier, people preferred Bitcoin mining to earn rewards, however, the reduction in block rewards has shifted people’s interest to cryptocurrency exchange development. Businesses and entrepreneurs globally are choosing to create a cryptocurrency exchange platform to enter the crypto market and rake in huge profits. Binance, one of the leading crypto exchange platforms, hit a massive $1 Billion mark in cumulative profit, out of which $183.5 Million was made in Q3 of 2019 alone. The stats reveal that setting up a crypto exchange is a huge opportunity that can be capitalized by crypto enthusiasts looking to start a crypto exchange for revenue generation. If you are planning to make your own cryptocurrency exchange — be it from ground zero or white-label exchange software — ...
Post a Comment
Read more

How To Build DeFi Yielding Platform that Guarantees Returns for the Owner?

Crypto finance has matured. It is no more ‘that alternative source’ of making more money. Rather, the mainstream consumption has positioned it alongside the traditional fiat markets. In all honesty, Decentralized Finance (DeFi) protocols have had a significant role in moving the trends from ‘somewhat decentralized’ to ‘total decentralized’ transition of the Blockchain finance products. Understanding Yield Farming — Staking cryptos to make more cryptos To put it simply, it is a practice of investors staking (farming) their crypto assets in a farm (pool) and earning interests (yield) in return. Unlike traditional staking, Yield Farming generates returns faster and can be implemented with less number of investors. Therefore, many upcoming DeFi protocols are written around Yield Framing to attract greater participation. Ideally, a DeFi yielding platform uses open-source and permission-free decentralized apps that provides complete control to the users. This means, no third-party entities o...
1 comment
Read more

A Complete Guide to Stablecoin Development

As the name suggests, the stablecoins are digital currencies that are price stable. Thus, a stablecoin offers all the advantages of a cryptocurrency but its price is pegged to an asset like physical gold or a fiat currency like USD. It brings the best of the two worlds together. While it provides high security with cryptography, encryption, and hashing, it also provides the stability offered by fiat currencies. Why did stablecoins become so popular in 2020? Stablecoins gained tremendous gr o wth in the year 2020. A close look at the market reveals that over 200 stablecoins have been announced to date and the total supply of the stablecoin market has surpassed 12 billion. However, more than 60% of the stablecoin projects are conducting research and development to become fully active. Thus, the stablecoin industry offers a lot to the new entrants to flourish. Here the top 5 reasons for the increasing popularity of  stablecoin development: As discussed above, a stablecoin is backed by...
3 comments
Read more