The Merkeleon exchange solution is ready to launch within 2 weeks or slightly longer if an operator wants to modify the front-end, add some modules, orders or payment methods. To open a crypto exchange account, visit the exchange’s website or download its app. Once you’ve picked an exchange and a wallet, you’ll be able to buy crypto by transferring U.S. dollars into your account via an ACH or wire transfer. However, this may carry additional fees, some of which can get quite high.
The only exception is wallets for your token although B2BinPay supports more than 888 tokens based on the Ethereum blockchain. However, you can take our marginal exchange platform B2Margin along with your spot exchange which will give you 2 platforms with margin and spot trading in one trader’s room. Each customer goes through several roles during his life-time and use different products. Clients usually start with a simple trading account and then follow it with using stablecoins or making trading robots. Remember, it’s never too late to start your own development once you have confirmed demand from real customers.
Quality of Customer Support
Token-based security mechanism defends exchange from unwanted actions from an authenticated user. Data encryption averts the risk of unauthorized users accessing user credentials and other confidential data. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. I’m pretty familiar with the investing beat, having served as the former assistant managing editor of Investing at U.S. News & World Report, where I also launched several newsletter products. My work has appeared in TheStreet, Mansion Global, CNN, CNN Money, DNAInfo, Yahoo Finance, MSN Money, and the New York Daily News.
The core of MyExchange is so highly optimized, its performance rivals that of the busiest stock exchanges including the NYSE and NASDAQ. There are hundreds of crypto exchanges, but they vary greatly in size, traffic, and liquidity. CoinMarketCap, a crypto price-tracking platform, puts the number of exchanges at about 570, though it only tracks activity on 238 of them. After completing the verification process, you can fund your trading account using the available funding options and start to buy and sell cryptocurrencies. Trading accounts can be funded with a wide range of payment methods, including wire transfer and ACH transfer. While instant buy fees on Kraken’s main platform are quite high—up to 1.5%—fees on Kraken Pro are very low.
Process of Launching Your Cryptocurrency Exchange Platform
Furthermore, the cost of development may vary depending on the type of exchange you want to build, i.e., whether you need centralized, decentralized, or hybrid exchange. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication.
The server has been tested with a simulated load of 10,000 simultaneous clients per instance, and it can be scaled to hundreds or thousands of servers if necessary. MyExchange software can be modified to do auctions and continuous matching with many order controls as well as moving large blocks with absolutely zero trade leakage. We organize all the necessary resources to design and engineer the product using our deep expertise and ensuring the end product is fully compliant, efficient, and secure. An extra layer of server-side protection that secures your platform against attacks from pregnable web applications.
The delivery and installation process is as simple and fast as if it were a mainstream white label Bitcoin exchange. As part of this solution, we can take on as many operations management functions as possible to free up your time and resources to run your business. Choosing in-house development over commercial software is an understandable move, especially for those who want to control every step of software engineering.
- Setting up a crypto-currency exchange offers enormous business potential in a market where trade in cryptocurrencies is booming globally.
- Add any digital asset to your own trading platform with our white label exchange solution.
- A great example would be a host that offers a website while also having a fully customized cryptocurrency trading app.
- The trading engine supports up-to-date charts from TradingView and a complete inventory of professional orders required for implementing unique trading techniques, both manually and via the API.
- It works 24/7 with extremely small maintenance intervals around the clock of the crypto markets without any breaks, including weekends.
- The platform offers a multi-signature, multi-currency, SegWit enabled platform which helps in the trading of digital currency transactions.
Blockchain currency is basically impossible to steal, tamper with, or hack—this makes it safer than most … Talk to technical sales for more details on platform architecture and a free white label crypto exchange solutions demo. Our turnkey cryptocurrency exchange solution will provide you with a stable functioning platform within four weeks at most. In the case of the most basic requirements, this time can be reduced to two weeks.
Choose either a white-label software that can easily be rebranded for a quicker time-to-market, or build a customized exchange that gives your users an unrivaled experience. When buying and selling crypto, standard safety features like two-factor authentication should be the baseline. More robust measures, like identity verification, SOC-2 certification, and user insurance, add further protection against theft and fraud. We like Gemini as an exchange with enhanced safety and security measures.
On the contrary, many platforms that may be statistically pleasing could turn out to be incompatible with the buyer’s personal preference. So, there will certainly be a minor trail-and-error-like stage that every investor will have to go through before pin-pointing their best crypto exchange. Although cryptocurrencies promote safe and fast transactions, their most noticeable power boils down to digital coins’ ability to store value. This means that they are used as vehicles for monetary investments where the investors anticipate making capital gains. Well, the only way to realize such gains is to partake in the crypto exchange. Thanks to a large catalog of the most up-to-date solutions, a white label partnership allows you to diversify your offer.