Choose The Best White-label Crypto Exchange Software to Start a Crypto Trading Business

Crypto coins such as Bitcoin are in the trends these days. It is becoming incredibly popular and investors are exploring different ways to make money in this spectrum. Some of them perform mining on digital coins, someone is pitching ICOs, others is developing crypto exchange software and another are trading digital asset on exchange platforms.

Cryptocurrency exchange solutions are attracting individuals and there are mainly two reasons for that. The first is, there are more than 1600 altcoins are existing currently and it is growing continuously. Thus, digital asset exchange platforms are in demand. Second, there are plenty of countries are legally accepted virtual currency and individual are more willing to utilize digital asset.

If you have decided to open a crypto exchange business and do not want to develop crypto exchange software from scratch, all you need is white label exchange software.

What is white label exchange software?

White label exchange software is software that has previously been tested carefully and all set to perform (especially the trade engine!), while all at once enabling you to tailor the software to satisfy your specific requests (for example design, currencies, languages, charting, brand placement etc.)

A key benefit of utilizing white label Bitcoin exchange platform is that you will be free from the hurdles of dealing with technical needs, execution as well as continuing maintenance. As the basic components (trade engine, admin panel, UI, wallet etc.) have already been established and verified, the simple thing left is to customize the software as per your stipulations.

You will save your time as the customization process is quite shorter (generally limited months). You will save a big amount of money as well because you pay considerably less for a white label Bitcoin exchange platform license compared to building it on your own.

Why white label crypto exchange?

• It offers the framework for your crypto exchange business to set up your own crypto trading platform without building the software yourself.
• Integrate your exclusive UI and branding in the current framework and requires the smallest configuration.
• Declaration of the branding features as well as the languages you need for your digital asset exchange platform.
• You can attain your customer on time.
• Achieve your goal efficiently and with no trouble touch the global marketplace.

Crypto exchanges are not that much popular compared to CMS but still, there is multiple exchange software companies that provides a white label crypto exchange software .

You need to compare them by necessary topics that must be explained with the exchange software company such as,

• Dedicated / sharing mode
• Pricing: monthly/yearly price model and the initial installation cost
• Hosting responsibility of the platform
• Support and maintenance plans
• Features of security for the digital asset exchange platform
• Open or closed code
• Available customizations facilities
• KYC procedure
• Fiat currencies supported by the platform
• Methods supported for deposit and withdrawal of fiat currency
• Digital coins supported by the platform
• Custom fees and Local taxes supported by the platform
• Customization in branding, templates, Logo, modifications in the look and feel is allowed or not
• Complete accessibility to the back office is enabled or not
• Supported options for standard trading
• Integration with a market maker or external exchanges to boost liquidity
• Default available reports. Custom reports creation is possible or not.