White label crypto exchange cost

What is a white label crypto exchange?

If you are a newcomer and you are looking to develop your business in the field of crypto currency, you can use white label cryptocurrency exchange. This platform is an easy and relatively inexpensive startup for business development. A white label crypto exchange development helps entrepreneurs get started in a short amount of time. White label crypto exchange is a product that you can provide services to customers with your brand at an affordable cost and in less than two weeks.
White label crypto exchange software it is usually called a license, or a ready-made platform that the company offers. in these systems, the core, backend, and database are copied from one customer to another. Our white label software has high performance, high scalability and high speed that can be customized for any client.
You can buy a white label platform and customize it. You do not need to know programming knowledge to do this because the software company provides development and support. You can only focus on sales and marketing.

Cryptocurrency Exchange Development Services

• Centralized exchange
• Decentralized exchange
• P2P exchange
• White label Crypto Exchange

importance of white label crypto exchange development

Today, cryptocurrencies are well-deserved for their amazing technology and financial transactions. However, due to the instability of digital currencies, they may not be very popular yet. Bitcoin, for example, was not worth a cent at the time of its inception, but recently it reached a value of $60,000. These fluctuations generate revenue from cryptocurrency transactions If you also want to have a cryptocurrency exchange, you should know that creating a crypto currency exchange is a complicated and time-consuming task. The most reliable solution is to use a white-label cryptocurrency exchange platform. white label cryptocurrency exchanges are all-in-one platforms that make it possible to launch a fully functioning trading in less than 3 weeks. The users can buy the software and customize it based on their own business requirements or preferences such as the color scheme, logo, UI/UX, etc.

Benefits of a white label cryptocurrency exchange:

People will not be ready to accept new things unless there is a significant difference. White label cryptocurrency exchanges have many benefits that will appeal to any entrepreneur.
Speed: A white label cryptocurrency exchange has a quick and hassle-free deployment. Because it is an integrated software and ready to use.
Profit: Because your white label crypto exchange software will be up soon, you can enter the market sooner and as a result you will have a better profit.
Cost: White label crypto exchanges cost less than other exchanges. Because you do not spend much time developing software, the costs will be much lower.
Customizable: Cryptocurrency exchanges are easily customizable. You can customize your exchange platform to suit your business needs, regulatory needs and the type of exchange you want to make.
Focus: You do not need technical expertise to develop your software. You can focus on your business and leave the support and technical problems to the software development company. This platform is useful for people who may not be aware of crypto and related technologies.
Security: Basically, blockchain is more transparent and secure. But when you use White label software, you can have more security. The exchange is protected against hackers using various security protocols and user data is kept secure.
In general, white label exchange has several advantages, including no need for technical expertise, time and cost savings, previously tested, faster deployment, more reliable, and also offers a wider-customization scope.

White label crypto exchanges have fewer barriers to entry. As a result, initial costs are significantly lower. New jobs will save 90% of initial costs.

The benefits of white label crypto exchange are summarized below

• Easy to deploy products
• Customizable UI/UX
• Market analysis
• Time efficient transactions
• Cost effective crypto exchange
• No need for an expert technician
• Reliable crypto exchange
• Improved accuracy and efficiency

The Components of a crypto Exchange software:

all of crypto exchanges must have the following features. Whether the exchange is developing from scratch or using white label solutions.
1. Your cryptocurrency exchange should have a proper wallet. The exchange should also be flexible enough to support multiple cryptocurrencies. It should also support several payment methods including credit cards, debit cards and internet banking.
2. Your cryptocurrency exchange needs to have a powerful and robust matching engine. The matching engine is the heart and soul of your crypto exchange. It matches your buying with the perfect selling orders, so your crypto exchange is affected without any bother and trouble.
3. Good user interface design plays a big role in the popularity of your cryptocurrency exchange. Do not forget that people may use your crypto exchange who have great coding skills. Also, your exchange should be very simple for usual people.
4. Liquidity is one of the most important aspects of any exchange. Liquidity is defined as the ease of converting an asset into cash. In the context of a cryptocurrency exchange, liquidity is defined as the measure of the number of transactions that happen in the exchange.

White label Cryptocurrency Exchange Software Features

• Powerful Trade Engine
• KYC and AML
• Multi-layer Security
• Multi-Language Support
• Admin Panel
• Margin Trading
• Multisig Wallet
• High TPS
• Referral system
• Client Management
• Customization
• Data Backup Scheduling
• Margin Management
• Market Price Tracking
• Position Management
• Real Time Currency Quotes
• Real Time Monitoring

The crypto exchange platform type

The next step of your white label crypto exchange is choosing the type of your platform. This solution will impact the mechanism of the crypto assets exchange, availability of fiat trading, liquidity, transaction speed, flow capacity and so on. Some aspects of different types of exchanges have been compared below.

All you need to have a white label crypto exchange is:

• Trading engine. This module is responsible for checking wallet balance, determining the order of buying and selling assets, counting the balances, merging with liquidity pools and payment gateways, and counting rates and commissions.
• User-friendly interface. The user interface includes branding, personalization and software customization. You need to work on naming, logos, design settings, features, and more.
• Security system. In this section, security measures, licenses, privacy and anti-hacking are set by the platform owner.
• Payment system. The payment system is responsible for revenue generation, fees, deposits and withdrawals.
• Support. One of the most important issues of digital currency exchange is the constant support of the software.
• Admin console: Designing a panel for the user and site administrator is one of the requirements for a white label crypto exchange.

white label cryptocurrency exchange development cost

Building an exchange from scratch is expensive. Buying expensive software for entrepreneurs can be risky. But a white label cryptocurrency exchange development cost is much cheaper. In addition to the cost-effectiveness of white label exchanges, they also have the ability to customize and transparency.
One of the most important factors of crypto exchange is its price. A white label crypto exchange software will cost many times less than an exchange platform built from scratch. The cost of white label crypto exchange depends on many factors including API integration, functions, modules, technology used in the development process, etc. you can cut the costs in half by choosing white label crypto exchange. Also, the white label crypto exchange cost depends on the developer company.

Some of the most important factors affecting on white label crypto exchange cost

Security
Cost is very important factor in cryptocurrency exchanges. But security is also an important factor to consider. Crypto exchange software that has more security has a higher cost. Crypto security transactions have been a major target of cybercrime. Therefore, security features such as two-step authentication and encrypted databases are essential.
User interface
Intuitive interface design is one of the defining features of an exchange price. Having a good visual interface is very important for any exchange because traders should be able to easily use the software and carry out their activities. The dashboard should also include all the tools users need.
KYC approval & AML validation
The most important factors for any exchange are KYC approval and AML validation. AML validation prevents any fraud and KYC approval helps users to recover their account if they could not access their account for any reason by following the correct verification. These factors can affect the white label crypto exchange cost.
API integration
The API is actually a set of rules that determine the protocol of two overlapping applications. Multiple APIs work simultaneously in cryptocurrency exchange. For example, when you want to connect to the software via mobile phone, an API allows this. Another API allows you to access data in real time. Nothing is possible without an API in cryptocurrency exchange.
Support for multiple coins
Another important factor in crypto exchange software is multiple coins support. Popular crypto exchanges allow trading on all major cryptocurrencies and several minor ones. Support for more coins will increase the price of white label crypto exchange.
Robust architecture
A good exchange needs a strong architecture to exchange cryptocurrency. Because a safe way to store and exchange coins is essential. Different exchange components are hosted on different servers that interact with each other through the API.

Is a white-label crypto exchange worth it?

It seems that the exchange is suitable for new companies for immediate investment. White label cryptocurrency exchanges are highly efficient. Quick deployment of white label crypto exchange software allows people to enter the market in favorable market conditions or exit the system whenever they want.

How many programmers are required to build a crypto exchange?

Crypto exchanges development is complex, which increases manufacturing costs. Generally, 7-16 members are needed to build a cryptocurrency exchange. People with the following skills are needed for crypto exchange.
Front designers: 1-3 people
Front-End Developers:1-3 people
Back-End Developers: 2-5 people
Programming Engineer: 1 person
Cyber security expert: 1-3 people
Agile project manager: 1 person
Cryptocurrency exchanges costs are very expensive from the scratch. For example, if you hire crypto exchange programmers in the United States or some European countries, such as the United Kingdom, you will have to pay around $ 400,000 to $ 1,000,000. This is the minimum cost to build an exchange from scratch. It will cost you just over $ 1 million.
But white label crypto exchanges can start at $ 30,000. Increasing this cost depends on the factors and features you need. As you can see, there is a significant difference between the cost of white label crypto exchange and the development of the crypto exchange from the scratch. We will develop a white label crypto exchange software similar to Binance at a cost of $ 50,000.
Almost all white label crypto exchange costs between $ 30,000 and $ 150,000. But keep in mind that not all of these platforms are suitable, and some of them are vulnerable to cyber-attacks. Also, user interfaces, wallets, etc. are very important in white label crypto exchange software.
One good solution is to use dedicated CMS, which can have additional costs depending on the skills of your team members with tools like WordPress.

How long will it take to build a crypto exchange?

If you want to develop a crypto exchange software from the scratch with a full-time team, it takes at least 5-8 months for the exchange software to be ready.
But the development of white label crypto exchange software takes between 1-4 weeks. You should keep in mind that most exchange development companies do not give you a source code, but some of them provide you with the entire source code.

What kind of themes are available?

Most white label solutions offer 2 light and dark themes. Most customizations about page appearance are due to software flexibility. There are many differences between different software. The best way is to first use the trial version of the software and try to customize it yourself.

When you do not have to use a white label crypto platform?

If you are looking for a white label crypto exchange, first consider the pros and cons of a white label crypto exchange. Ask yourself exactly what you want. If a white label exchange is a completely unique product for you and it is no different from other exchanges software, you can choose it safely.

White label crypto solutions are not suitable for cases that require a lot of customization and complex cases such as getting a loan, etc. For these cases, you need to keep up with the latest innovations and technological changes. In addition, the solutions you want should be flexible against increasing trading volume. But if you are looking for a fast, cost-effective and hassle-free way to enter the market, white label crypto exchanges are very suitable for you.

Disadvantages of white label crypto exchange:

• Lack of support: Many companies are not interested in support. Their main goal is to sell products. So, finding a reliable company is one of the most important things you can do to develop your white label cryptocurrency exchange.
• Customization: Many companies do very limited customization for your white label crypto exchange software, and only a few of them offer the original customization.
• The difficulty of finding company for support: It is very difficult to find other companies to support your white label crypto exchange. Many companies are reluctant to accept your software support. Because the structure of the software architecture is familiar to the previous developer. Therefore, it is better to leave the support of your crypto exchange software to the original developer.
• The license: Some companies offer a sale on a monthly or annual license Which is not very interesting.
• Lack of unique design: Companies rarely offer a unique design to the customer. You can recognize the similarity of the software by their appearance. Because they are quite similar.

Conclusion

cryptocurrency exchange is a good business model for the future. If you are one of the entrepreneurs interested in the field of digital currency, we recommend that you start with a white label crypto exchange.
We are one of the top exchange software development companies that provide crypto exchange platform with the most advanced technologies and distinctive features. Our white label crypto exchange solution is very affordable, customizable and scalable.
Our white label crypto exchange software is highly secure, functional, and intuitive, which not only performs well globally, but also helps businesses have a fundamental advantage over the competition.