How to choose the best cryptocurrency exchange platform?

Posted by walsh leshly on February 15th, 2020

Cryptocurrency exchange development is the new far-reaching financial trend. To move away from the centralized bank controlled systems, these decentralised digital currencies pave a wide way. With the growing crypto trade population, it has now become easy for anyone to create or buy their own cryptocurrencies.

There has been a steep raise in new investors. Anyone who wishes to buy, sell or trade cryptocurrencies like Bitcoin, Ethereum or Litecoin, Dash etc., should definitely pass through a Cryptocurrency exchange.

How are the cryptocurrencies secured in the exchange?

• Data encryption: Important credentials and other confidential information are safeguarded.
• CSRF protection: Top notch security against cross-site request forgery and other illegal activities from the user’s side.
• SSRF security: Advanced protection from Server Side Request Forgery or hazardous online sources.
• Escrow system: A smart contract or a trusted intermediate provides guarantee for the trade.
• Anti- distributed denial of service: Overpowering traffic from multiple junctures is defended in the exchange.

What are the types of crypto exchanges?

Decentralized exchange

Decentralized exchanges aim on the rule of peer-to-peer direct interactions, cutting out the middlemen and central authorities. Decentralized cryptocurrency exchange development services emphasize on secured transactions and plentiful anonymity. More precisely, decentralization provides enhanced security and swift trade as the trade is direct between the investors and the buyers. Developers with high aptitude fulfil your needs and brainstorm ideas to step up phenomenal products for your pursuit. IDEX, Oasis, Waves, OpenLedger , CryptoBridge are few Best Decentralized Crypto Exchange Scripts that allow you to trade with ease.

Centralized exchange

In centralized exchange platforms, intermediaries such as companies act as middle men to facilitate trading on the platform. This type of white label exchanges provides more liquidity. The best readymade cryptocurrency Exchange software services offer you the utmost results to connect cryptocurrency trading and the real economy.

Local peer to peer exchange

Local Peer to peer cryptocurrency exchange development is the newest wave in cryptocurrency trading market. It allows direct interaction between the buyer and the seller by avoiding middlemen involvement in the exchanges. Local Peer to peer Cryptocurrency Trading software offers quick trades, supports various payment options and withdrawal methods providing liquidity. This whitelabel crypto exchange platform also account for escrow solutions to present secured trading and privacy unlike centralized exchanges. Peer to peer cryptocurrency exchanges like LocalBitcoins, BitQuick, Paxful are used extensively.

At SHAMLA TECH, we provide complete whitelabel cryptocurrency exchange solutions to power up your business. We with expert developers help you choose the best whitelabel cryptocurrency exchange software to bring out the best trade. We ensure supreme security and reliable trade.

What are the advantages of White label crypto exchange platform?

Scale your business:

Expanding your business becomes a cake walk as you just need to concentrate on the extra needed facilities and White label cryptocurrency exchange will have everything else in hand. This never lets you worry about hiring resources.

Very less time to market:

We cannot spend a very long time to hire services and newly create crypto exchange. Getting a whitelabel crypto exchange software will let you get into the market in no time. The tested features provide you the ease to use without being worried about the errors.

Cheaper pricing:

The cost of creating a new product can be incredibly expensive. Searching for new resources, check for your business needs and creating will consume more money. But possessing a well equipped software will surely help you to minimise costs to be very economic.

Goal:

It is the easiest way to reach your goal as these customizable white label decentralized exchange provides space for you to change or add features as per your business needs contrast to freshly start crypto exchange.

SHAMLA TECH assures supreme security in whitelabel cryptocurrency exchange for reliable trading. We with skilled professional guidance help you get the best exchange platform most suited for your business.

Source: Cryptocurrency Exchange Development agency