The key aspects to look out for before investing in a White label Crypto Exchange Platform
Published: 2020-10-09 13:07:52

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Though crypto exchanges earn huge profits every year, their main sources of revenue lie in transaction charges, escrow services, and coin swapping. Hence, traders prefer using a White label crypto exchange platform since it possesses all the important features and comes at an affordable cost. Though it offers customization for a firm, the basic features cannot be altered. 

**What does a White label Crypto Exchange Platform offer?**

Since developing a [crypto exchange platform](https://www.blockchainappfactory.com/cryptocurrency-exchange-software) involves considerable spending of time and resources, the white label crypto exchange platform is integrated with all the in-built functionalities. Top-notch security aspects are ensured. The business firm has all the freedom to customize its brand name, logo, UI/UX design, and color theme and launch the platform with just a few steps. 

**Benefits rendered by a White label Crypto Exchange Platform**

* A firm can customize its brand according to its needs. 

* It helps in reducing the development costs and time significantly, and the owner of the exchange need not possess much technical expertise to manage the daily operations. 

* It is highly reliable and available 24x7, as the application is tested extensively before the launch. 

* It enables a firm to launch its application quickly in the target market. 

* Their comprehensive list of functions will make your exchange platform look competitive and give you a massive edge in the industry. 

* The risks of failure are low, owing to the white label provider’s experience. Through repeated testing through several trial and error methods, they would have developed the best-of-breed solution ready to be used in the market. 

* Since they are built on micro-services architecture, they are adaptable to fulfill the new needs of customers. They can accommodate different integrations at a fast pace and scale up the capacity to trade quickly without disrupting the existing functionalities operating on the platform. 

**Important features in a White label Crypto Exchange Platform**

* Support for the leading crypto and fiat currencies for executing trades and processing transactions. 

* Multi-signature powered wallets that store the coins or tokens of the investors. 

* Compliance with the KYC (Know Your Customer) and AML (Anti Money Laundering) guidelines. 

* A powerful and accurate trading engine for matching the buyer’s and sellers’ orders seamlessly. 

* A robust admin panel that monitors all the operations and keeps a close watch over user activity. 

* An elegant user interface that is comfortable and easy to use. 

* Sufficient availability of liquidity through API’s formed with the other leading exchanges. 

* Multi-device compatibility and smooth functioning in different operating systems.

* Security measures such as two-factor authentication, Anti-DDoS protection, and HTTPS authentication. 

**The typical process to launch a White label Crypto Exchange Platform**

* It involves analyzing the business requirements of the firm by gathering enough information. Further, the features should be decided after extensive research, and the in-built functions must be installed.

* Integrating the customized API is followed by testing the application to discover any bugs in the functions. 

* Afterward, the server is installed and there is an official launch of the application on a public platform.

* The firm should provide round-the-clock technical support for clients to resolve any bugs and glitches. 

**How clients are given an advantageous position by using a White label Crypto Exchange Platform?**

Since the development investment is reduced, the platform can be run right away. The client can add any additional features and customization according to his requirements. It can be effectively scaled as the operational scope widens by adding new crypto and fiat gateways, implementing new features, and adding more users to the crypto trading site to boost revenue. High-end technology is applied, which enables faster execution of operations. It is constantly being updated with new upgrades. Flexibility is ensured through the presence of several engagement models, monetization settings, customizable interfaces for amateurs and professionals, and multi-language technical support. 

Choose a reliable provider who helps in implementing cutting-edge exchange solutions for your operations. Make sure that the platform is developed in a way that helps in reducing the time to market. Ensure that the platform comes with a mix of robust analytics, advanced alert settings, and risk monitoring. While scalability is important for a business, keep track of the various modifications being made, and manage fixes in a timely fashion. 

It should be a turn-key solution and deliver an unmatched trading experience through reliable backend functions. Choose an expert team of developers who understand your business requirements and deliver effective marketing strategies. While dedicated project management is important, post-launch maintenance is also crucial. 

It would be better if they have separate dashboards for admin, client, and order book. The Admin panel can store the history of transactions, provide a real-time view of the exchange, and display the user details. The client dashboard would showcase the account balances, current prices of different currencies, and trends in the market over a period. The order book will provide an overview of the incoming bids and show the data of the users. It can display a list of pending transactions yet to be authorized by the admin. 

Hence, team up with an experienced [White label Crypto exchange platform provider](https://www.blockchainappfactory.com/white-label-cryptocurrency-exchange-software-development) who provides proper maintenance services, renders frequent upgrades, and rectifies security patches through constant on-call support.