Cryptocurrency trading involves the exchange of one cryptocurrency for another. This activity is very similar to forex exchange and adopts many of the prevalent trading techniques.
However, this form of trading can only be conducted on specialized platforms known as cryptocurrency exchanges. There are many companies providing premium services when it comes to launching your own White Label Crypto Exchange.
These companies create platforms that are innovative and can be customized to meet your business model. However, when building your own Cryptocurrency Exchange Software, there are a couple of factors to keep in mind. These have been listed below:
Security and Reliability: It is important to protect your customers from hack attacks and frauds that can compromise their funds and privacy.
Easy Liquidation and Low Fees: Your platform will attract a lot of customers if it allows easy withdrawal of funds and conducts trades at very low fees.
Multiple Currencies: Another important factor revolves around supporting different popular as well as emerging cryptocurrencies.
Intuitive Interface: Ensure that your webpage or application features a user-friendly platform that allows your customers to navigate between different functions very easily.