How do I start a cryptocurrency exchange platform?

[Arya Florence]

To start a crypto exchange, there are two ways you can go about. The first one is building from scratch. But this method comes with its own set of obstacles. To gather all the equipment to build a robust exchange, will take a lot of time and the development process throughout will cost a fortune. Also, to sustain the exchange over competitors, quality technical assistance is required. 

The second method helps remove all the above-mentioned hurdles which is obtaining White label cryptocurrency exchange solutions from a sort after company. Whitelabel solutions are readily available solutions that come with every necessary technical, security integration, features etc that will help the exchange hit the market in no time, and are cost-effective. 

With a multitude of companies providing white label exchange solutions, here are some factors to look into that will help you choose the right one. 

White label exchange necessary inclusions

• High-Volume TPS
• Dominant trade matching engine
• Automated KYC/AML
• Legal frameworks
• Liquidity API
• Multicurrency/language/ crypto wallet support
• Blockchain technology and smart contracts
• Enhanced security/ Escrow system 

One of the top companies in the current market with a team of blockchain pioneers in Blockchain App Factory. Their vast experience in the field will help with 100% a reliable whitelabel exchange that is feature-rich and inbuilt with core functionalities that will gain you a competitive advantage and make your exchange business profitable. Get in touch with them to know more.