White label Crypto Exchange Development

1. WHITE LABEL CRYPTO EXCHANGE www.lbmblockchainsolutions.com

2. What Are White Label Cryptocurrency Exchanges? White Label Crypto Exchange comparatively takes lesser time and energy to develop. It is a programming solution that barely involves any programming, which makes the development of a crypto trading platform simple and cheap. So you just need to sign in, customize it and step into the trading market.

3. Types of Crypto Exchange Platforms Your first step to launching a white label crypto exchange is to decide what type of exchange platform you want out of the three that are described below. This will drastically impact the crypto asset’s mechanism and the way to store, liquidity, fiat currency (traditional currency/banknotes), money flow capacity, and transaction speed. Centralized Exchange (CEX): Since this mechanism offers greater trading value and high liquidity as compared to the decentralized exchanges, approximately 99% of the cryptocurrency trades take place on Centralized Exchange (CEX). This system is quite similar to traditional exchanges, the process is controlled by one single operator and the trader buys and sells their deposited funds. Decentralized Exchange (DEX): These platforms use smart contracts to make transactions instead of a central authority on DEX. They are mostly used by private individuals or big companies where the processes are executed by automatic algorithms. Plus, the traders don not required to deposit their assets over the exchange to allow trading. Hybrid Exchange (HEX): These exchanges take the best from both CEX and DEX worlds. It doesn't have any centralized operator like in DEX and has faster transaction speeds and low latency like in CEX. Your information stays highly secured. The rapid surge in the users of digital currencies has caused cryptocurrency platforms to grow in numbers. Many global businesses are deciding to start their very own cryptocurrency exchange development ventures.

4. Steps To Develop White Label Crypto Exchange Choosing Your Business Needs The first step is deciding the type of exchange where you will run your business. Thus, it must be a place where all opportunities could come together. Accomplishing Legal Formalities After deciding on the exchange comes the fulfillment of all legal formalities. The terms & regulations vary from one place to another, so please ensure that you satisfy all the legal formalities. Choose Bank Partner To take care of the fiat currency finances, you would need a banking partner. Likewise, choose a bank that you can rely on to provide digital services for your business growth.

5. Choose Liquidity Provider Exchange It is a must to select a White Label Crypto Exchange that provides liquidity features. Thus, joining a liquidity-improving network is a smart move. Make The Platform Live After Beta Testing Process Your first task is to make the platform live soon after the completing beta testing process. The beta testing phase will bring out all the bugs and flaws present in the software and thus, will ensure that your exchange platform runs smoothly Efficient Customer Support You must be able to form an efficient customer support service team so that the users can directly contact you in case they face any technical difficulty. The customer support team will grow parallel with the regular development of your business.

6. CONTACT US Phone Number +91-8448443318 Email Address info@lbmsolutions.in Website www.lbmblockchainsolutions.com

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