What is a cryptocurrency exchange software?
This is nothing but an exchange platform where people can buy altcoins, Bitcoins, in exchange for fiat or other cryptos. The platform does lay a fee for each transaction, mostly it is minimal. These exchange platforms are a boon to a lot of crypto users, the reason being easy to access, security, transparency and most importantly these are un-hackable. Many people have already started choosing cryptos over fiat as time passes, considering the reasons mentioned above.
A white-label cryptocurrency exchange
A white-label product is something that one company creates and lets various other companies use them with their brand name. Though the quality of the product does not change, the most important selling point here happens to be the BRAND NAME.
It is the same when it comes to developing a white-label cryptocurrency exchange software. All you have to do is to approach the best cryptocurrency exchange software development company.
The best features of a crypto exchange platform and the best company to develop it.
1. Market orders
This feature lets your traders sell their cryptos for market price. These get executed instantly at the current rate in the market, so you pay the fee as the market taker.
2.Stop orders/stop-loss orders
These orders are executed when the crypto values reach a certain range. These are alternatively called stop-loss orders, which are the most important ones to watch out for. These actually prevent loss and does not require the trader to do the manual job of watching the market all the time.
Instead of an intermediate, the peers are directly connected to each other. This way you gain more trust benefits from transaction charges, etc. on the users’ side, they benefit from minimal charges when compared to other platforms.
These, in simple terms, are the unexecuted orders, maintained by the specialist who is in the exchange. He keeps a track of all the orders that are unexecuted.
Now, the best company to develop a white-label cryptocurrency exchange software is mostly the one with the best reviews. However, that not true in this world of instant gratification. It is important that you not trust and rely only on reviews to find the best crypto trading software.
It is important that you try their previous products if they are available in the app stores or at least know from their past clients. I hope you find the best cryptocurrency exchange software development company that caters to your needs correctly.