Fidelity has over $9.6 trillion of assets under management, serves 40 million investors, and is one of the largest managers of wealth. Recently, the company shared opened up commission-free retail trading for Bitcoin and Ethereum. The fact that Fidelity, after all the turmoil with FTX, turned around and opened up for Bitcoin retail trading of all things just shows the appetite for the crypto business. When you’re ready to launch, Infinite Block Tech will also provide support and maintenance services for your company. To improve the platform’s visibility on the Internet, you can check the service’s Search Engine Optimization (SEO) and marketing packages. We looked to AlphaPoint for a white label software solution, which freed up critical company resources to build other important aspects of our business.
While they share some similarities, understanding the differences is critical. There are also a fair number of crypto-crypto exchanges, but these are less popular nowadays due to the shrinking token markets. But the launch of such exchanges requires no serious investments https://www.xcritical.com/ of time and money in legal questions and amount of such exchanges is still growing. Because white label solutions are ready-to-use, branding and promoting them is simple. So, if you’re looking for new methods to build your company, a white label solution is ideal.
Binance Review 2023: Is It the Right Crypto Exchange for You?
These factors naturally increase the build costs of an online exchange platform. Generally speaking, it will take 6–8 team members to build a crypto exchange from scratch. If bitcoin is the next evolution of money and trade, then this begs to question who will be the greatest beneficiaries of this technology? Naturally, the answer lies within crypto exchanges that are capitalizing on cryptocurrency trading by investors. An organization that purchases a white label cryptocurrency exchange won’t need a vast technical resource team to oversee and review it.
- With over 7-years of successful operation serving Latin America, Bitex migrated to AlphaPoint’s white label exchange platform to scale more efficiently.
- The White Label solution
Full stack white label technology removes many of these barriers. - The white label crypto software packages usually come with a set of functionalities that can be rebranded.
- Already numerous firms are utilizing blockchain technology and Non-Fungible Tokens to build entire marketplaces where digital artwork is exchanged.
- Tracking of user activities based on IP and other variables to check suspicious activity; Checks against Blacklists.
Adopting a Software-as-a-Service (SaaS) business model, ChainUP facilitates the deployment of complete or selective modules such as Crypto-Crypto, OTC, and User-to-Contract transactions. Developed by Openware, Open-Source Digital Assets Exchange or OpenDAX is a hybrid solution for full-fledged exchange platform development. Leveraging OpenDAX’s public and private libraries, cryptocurrency white label crypto exchange software development companies can build platforms for the issuance and trade of utility tokens, as well as securities. You can quickly get access to a top-notch White Label crypto exchange solution. A reliable provider implements the software, and the whole operation can start promptly. It is much more suitable and faster than building a cryptocurrency platform from scratch.
Security Features of ourWhite Label Cryptocurrency Exchange Software
It is the name of a ready-made protocol that allows any company to launch a fully-functional crypto exchange platform. These systems combine different features, including buying, selling, trading, holding, and converting digital currency. Advanced and key feature in our white label digital asset trading solution where users can buy/sell assets at predetermined price on a specific date or without any expiry date. Our white label digital asset trading solution comes with perpetual (no expiry date) and quarterly contracts (expire every quarter) where users can hold their position accordingly by speculating the cryptocurrencies future price. Our white label digital asset trading solution comes with the KYC/AML feature where your users have to submit their identity documents for verification.
The El Salvadoran government partnered with AlphaPoint to support the frontend and backend infrastructure that powers Chivo bitcoin wallet. Choosing the right blockchain is easy when you are informed and up-to-date. We are all familiar with the phrase “time is money”, but usually without realising how true it really is. This has been proven repeatedly for those who have invested wisely in the past three decades. Algorithmic trading is a relatively new field in the world of finance.
What is the cost of deployment of a white-label cryptocurrency exchange solution?
Further, it performs very well, as it’s made by one of the industry’s best cryptocurrency exchange development companies, owing to the C-based matching engine. With a dedicated team of engineers, the white-label cryptocurrency exchange platform is continuously updated and supported for you to run your business efficiently. For those who may need to be made aware, all cryptocurrencies, like Bitcoin, Ethereum, Stellar, etc., require exchanges for online trading. Exchanges like Binance are making more than $5 billion in weekly trade volume, proving cryptocurrency exchange development platforms to be quite impactful and, therefore, one of the most successful and profitable business models. Of course, it requires huge expertise in enterprise architecture, security, wallet management, trading engine, and more to develop their cryptocurrency exchange software successfully. AlphaPoint is an American fintech company that creates engines for crypto exchanges and various solutions for storing digital assets and trading.
Thanks to the exchange’s engine, transactions may be handled at a pace of up to per second. It is accessible through various devices, which significantly aids in creating a more positive and engaging customer experience. The user does not need any specialized expertise to use the software solution. Coinsclone has been a true partner helping us developing our platforms. They are always ready to face new challenges and have our full trust. Manage restrictions based on geography or type of tokens using existing KYC/AML data on the Exchange.
FinTech Software Development
The most cost-effective way to get the most out of your white-label solution is to invest the time into researching and testing the white-label options available. Whether investing or running your exchange yourself being part of the crypto infrastructure pie, as a long-term investment, is a winning business strategy, as well as a wise lucrative EV bet. Many fintech companies for example have opted into using open-source white-label solution that can be deployed in hours or days, rather than years, and is a relevantly low-risk way for them to start and to get their feet wet. “…bitcoin will be the currency to obsolete all others [monies].”, with that being said, you could say that Fidelity, one of the biggest money managers, probably would know a thing or two about money and its future. You can join a bigger exchange network, with each network member sharing liquidity. Plus, the more extensive the network, the larger the liquidity you can access.
