What is the meaning of Cryptocurrency? 

It is a virtual currency that operates on distributed ledger technology (DLT). All those digital assets that came after Bitcoin are known as Altcoins. All cryptocurrencies come with special characteristics. Individuals, business firms, and governments can use them for processing peer-to-peer (P2P) transactions. Moreover, users can buy, sell, and exchange cryptos 24x7x365 from popular Decentralized Exchanges (DEXes). 

Importantly, cryptos operate independently unlike banks and centralized financial institutions. Investors also receive advantages like freedom from intermediaries, protection against inflation, privacy, and top-notch security measures. 

A comprehensive overview of a Cryptocurrency Exchange

It is a digital asset trading platform that operates on a blockchain network. The largest cryptocurrency exchanges by daily trading volume are Binance, Coinbase, KuCoin, FTX, and Kraken. Generally, investors can buy, sell, exchange, and stake their virtual currencies round-the-clock.

Moreover, crypto holders can keep a close watch on their portfolios, fetch profits by opting for margin trading, and also manage risks effectively by opting for perpetual and futures trading positions. 

What are the various kinds of cryptocurrency exchanges? 

Centralized 

Centralized crypto trading platforms have custody over the funds of investors. Hence, third parties are responsible for safeguarding the assets of buyers and sellers. Users get access to features like recurring buying, access to eye-catching charts and graphs, integration with software wallets, an offline storage option, an affiliate program, a 24×7 help desk. 

Decentralized 

Investors can directly initiate crypto-to-fiat, fiat-to-crypto, and crypto-to-crypto trading without dealing with any intermediaries. The acclaimed Decentralized Exchanges (DEXes) include Uniswap, PancakeSwap, SushiSwap, and dYdX. Crypto holders get benefits like low trading fees, sufficient liquidity, governance rights, instant deposit and withdrawal of funds. 

Hybrid 

It contains features of both centralized and decentralized trading platforms. For example, Eidoo is the best example of a Hybrid cryptocurrency exchange. Investors can utilize several features like a digital vault, an atomic swapping mechanism, access to a non-custodial wallet, real-time notifications about token offerings, and easy participation in ICOs, STOs, and IEOs. 

Moreover, the Eidoo trading platform also allows users to invest in DeFi tokens of MakerDAO, stablecoins like USDC and TUSD, and other popular digital assets like Decentraland (MANA), Kyber Network (KNC), and Bancor (BNT). 

The White label Cryptocurrency Exchange Script solutions

LocalBitcoins Clone 

Buyers and sellers can trade virtual currencies via an Over-the-Counter (OTC) trading mechanism. A LocalBitcoins clone script is a Peer-to-Peer (P2P) trading solution. It contains several features like a quick buy and sell option, an affiliate program, multiple payment options, two-factor authentication (2FA), a live price tracker, and a multilingual technical support desk. 

Binance Clone 

Since its launch in June 2017, Binance has grown steadily. Today, it offers investors access to 1657 markets and 393 coins. Overall, its user base has surpassed 90 million. Likewise, a Binance clone script is a ready-to-launch digital asset trading solution with features identical to Binance. 

Investors can buy cryptos with credit cards, debit cards, Single Euro Payments Area (SEPA), and Simplex. The markets section displays real-time information about highlight coins, new listings, top-gaining assets, and coins with the highest trading volume. Moreover, users can do swap farming, margin trading, buy and sell vanilla options, store digital assets in a vault, and also earn high returns via staking. 

Coinbase Clone

Since its emergence in June 2012, Coinbase has spread its wings to more than 100 countries. Overall, it has around 89 million users and the quarterly trading volume has surpassed $547 billion. A Coinbase clone script is packed with functionalities similar to Coinbase. 

The key highlights are a Prices Section, a self-custodial crypto wallet, a fiat currency borrowing mechanism, an affiliate program, a recurring buying facility, and a technical support center. Importantly, institutional investors, high-net-worth individuals (HNWIs) and business firms can use services like asset listing, brokerage, and spot trading. 

Bitstamp Clone 

The London-headquartered digital asset trading platform has a 24-hour trading volume of more than $271.22 million. Importantly, the Bitstamp clone script is a centralized crypto exchange with features identical to Bitstamp. Hence, professional traders, institutional investors, and individuals can buy, sell, and stake their crypto assets round-the-clock. 

They get benefits like a friendly user interface, hassle-free deposit and withdrawal of digital assets, offline storage, and a 24×7 help centre. Investors can also buy cryptocurrencies by using debit cards, credit cards, and net banking. Moreover, the markets dashboard displays data about the best-performing digital assets and recently listed tokens. 

Poloniex Clone 

The Seychelles-headquartered crypto exchange has become the top choice for both spot trading and margin trading. The Poloniex clone script is a pre-built crypto trading solution. It contains various features like a Bitcoin lending mechanism, a multilingual technical support desk, a refer and earn program, and a futures trading facility. Users can also buy cryptocurrencies by using payment options like Apple Pay, Mastercard, and VISA. 

Investors can also save their favourite digital assets and view data about the prices and the fluctuations in trading volume. Besides that, users can collateralize their stablecoin holdings. Subsequently, they can trade in perpetual contracts of Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Yearn.Finance (YFI), Uniswap (UNI) etc. 

Wrapping Up

Undoubtedly, the cryptocurrency industry is growing rapidly. The future will depend on factors like taxation, KYC/AML laws passed by governments, the launch of Exchange Traded Funds (ETFs) and interest amongst Venture Capitalists (VCs). Are you looking to spearhead the digital financial revolution? Use our White-label cryptocurrency exchange script.

Begin Cryptocurrency Exchange Script Development and remove intermediaries in trading

Live chat with us Ping us now

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Launch your Crypto Trading Venture in 2022 with a White label cryptocurrency exchange script appeared first on Blog | Appdupe.

Seeing the current situation of the crypto industry, this is the right time to get into the crypto market with an exclusive exchange platform. Beginners in crypto still struggle to understand crypto exchanges. However, launching a Moonswap clone with your innovations can bring a huge crowd to the platform. Stuck at your first step? This blog will help you get started with cryptocurrency exchange platform development.

Why Do People Need Cryptocurrency Exchange Platforms?

One major reason that contributed to the popularity of cryptocurrency will be the passive income it offers to the users. Of course, the decentralized nature of blockchain eliminating the third parties also attracts a number of users towards the industry. 

Right from Debit cards, Paytm payments to UPI payments, people are interested to use a payment mode that is easy and trending. The world is getting cashless and it is going to see the advent of cryptocurrencies in place of fiat currencies all over the world. With several businesses taking up crypto payments, people are interested in trying this new digital currency. 

What Is Moonswap Clone?

Moonswap is a peer-to-peer cryptocurrency exchange platform with high-speed transactions and zero gas fees. It is possible to integrate a multichain wallet in Moonswap and it allows cross-chain cryptocurrency transactions. It is not just a crypto exchange platform; it is a one-stop solution for crypto trading, staking, and NFTs

Moonswap clone is a white-label ready-made solution developed and tested all ready to hit the market as soon as possible. It is the most useful and affordable solution for crypto enthusiasts and startups who are interested in launching a crypto exchange platform. 

At AppDupe, we have expert developers who are ready to develop your Moonswap clone. With years of expertise in blockchain platform development, we are well-versed in developing White-label exchange platforms and other Decentralized applications on the blockchain network.

Let Us Help You With Your Development Process

Live chat with us CONTACT US

The One-stop Solution

Our Moonswap clone is the one-stop solution to experience an all-in-one platform. The users can earn passive income through peer-to-peer cryptocurrency trading, Staking, Yield farming, and trading NFTs on one platform. 

The platform is built on the Conflux blockchain network which has high throughput developed for decentralized applications or DApps. It can process thousands of transactions at a time and offers a better user experience for the users providing a seamless connection.

Since the ratio of new crypto users in the market is high, this will be the right time to launch a platform that has it all. Beginners find it easy when they can earn through different means on a single platform.

Workflow of Our Moonswap Clone and Its Features

Our Moon swap clone is open to customization in that you can add your innovations giving a new feature or upgrading an existing feature. The time taken to complete these customization depends on the level of complexity of the customization required. 

Did you know our developers can even build a crypto exchange platform like Moonswap on any blockchain you desire? 

The features already available in our Moonswap clone are given below

• Two Factor Authentication for better securityDEX
• Easy Buying & Selling Trading feature
• Attractive exchange schemes for the beginners
• Support Multiple Wallets for a seamless experience
• High volume Crypto-trading
• Scalable transaction 
• Extendable with other Decentralized protocols
• Lucrative Liquiditive mining

It is loaded with a complete package of rich features that can give an impeccable user experience. The working of the platform is also simple and easily understandable to the users.

1. First, the users should connect their wallets to the platform and log into it
2. Now, the users can easily swap or exchange one crypto token for another. Cross-chain transactions are also supported. 
3. The user has to select from which crypto coin he needs to swap to the other crypto coin. This can be easily done by selecting the currency from the drop-down box for both of the categories.
4. In this step, the users have to add liquidity to the liquidity pool by clicking the option. It is necessary to give equivalent values in the From and To value box and then click on complete to authorize the process. 
5. The platform is completely transparent that it shows the entire progress of the transaction

The development process is not as tedious as developing a platform from scratch. This consumes fewer resources and time making it a perfect option for emerging crypto enthusiasts and startups.

Why Us?

AppDupe is a pioneer in Blockchain platform developments. Our experienced developers are skilled enough to bring out your dream exchange platform true. We offer pre and post-launch marketing with a team of marketing professionals. We also offer the following.

• Expertise in various Blockchain
• Customer support
• Transparent development process
•  Multi-layer security
• Impeccable development and testing
• On-time delivery

Outlook

This decade is going to see a new era of finance with blockchain and cryptocurrency. It is better to be an early adopter of this technology because it is never too late than never. Do your own research and get into the development of Moonswap clone with us. Our developers are ready to give you the technical guidance you need to get started.

Are You Ready to Launch Your Moonswap Clone? We Are Here

Live chat with us TALK TO OUR EXPERTS NOW

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Enter the Crypto Trend by Launching a Decentralized Exchange With a Moonswap Clone appeared first on Blog | Appdupe.

What are the 3 options available for Crypto Trading Platform Development? 

• Develop from scratch 

There is a lot of capital expenditure when a cryptocurrency exchange is created from scratch. Huge amounts of money must be spent on hiring blockchain developers, assembling the tech stack, and adding numerous features to the digital asset trading platform. Generally, it takes several months or almost a year for crypto trading platform development. 

What are the steps to develop a virtual asset exchange from scratch? The process followed by a cryptocurrency exchange development services provider is

• Complying with various guidelines

issued by governments.This comprises following rules related to Know Your Customer (KYC), Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT). These regulations vary from one country to another and also depend on the power of the respective authority.

• Integrating a liquidity API 

Liquidity is essential while operating a cryptocurrency exchange. Investors can convert their assets (fiat-to-crypto, crypto-to-fiat, crypto-to-stablecoin, and stablecoin-to-crypto). They are not affected by price changes and the market movement. By integrating an API, you will receive benefits such as a greater trading volume and a higher inflow of capital. Besides that, investors will also be able to match their buy and sell orders effectively. 

• Partner with various payment gateways

Investors require a glitch-free experience while processing transactions on a cryptocurrency exchange. Hence, you need to tie up with the leading banks, mobile wallet companies, and payment processors. For instance, you must consider integrating with popular hot wallets such as Bitski, Dapper, Coinbase Wallet, MetaMask, Portis, MyEtherWallet (MEW), Torus, Trust Wallet, etc. 

Besides that, including plug-ins with cold wallets like Ledger Nano S, Ledger Nano X, Trezor, etc., will offer more security to investors. They can store their funds offline and also protect them with secret recovery phrases. 

• Concentrate on security measures  

 It is important to offer a safe trading experience to retail and institutional investors. Therefore, including security measures like end-to-end (E2E), data encryption, two-factor authentication (2FA), and DDoS protection will safeguard crypto holders from hackers and phishers. Besides that, they can utilize PINs, private keys, and secret passwords to shield their virtual assets. 

Launch a White-Label Crypto Exchange

Today, the trading volume and market capitalization of digital currencies are around $110 billion and $1.91 trillion respectively. You can launch the ready-made crypto trading solution and capture the industry. It includes several features and multi-layer security measures. Moreover, specific features and the user interface (UI) can be modified to suit the business requirements. This ensures customization. 

Importantly, the White-label crypto exchange contains features like a robust matching engine, integration with popular hot and cold wallets, an order book, a referral program, a staking facility, and a technical support desk. Moreover, investors can make the correct decisions while managing their portfolios. They can view charts and graphs and see the data about prices and market movements. Further, crypto holders can initiate take-profit and stop-loss orders by viewing the fluctuations in the trading pairs. 

Moreover, the white-label crypto exchange protects the funds of users with several security measures. This includes a jail login mechanism, cross-site request forgery protection (CSRF), server-side request forgery (SSRF) protection, and anti-DDoS protection mechanism. In the long run, you will receive advantages like cost-effective deployment of the digital asset trading platform, flexible customization based on the business requirements, and round-the-clock technical assistance. 

What are the various types of crypto trading platforms? 

Centralized Crypto Exchanges 

Platforms like Binance and Coinbase are centralized trading platforms. Generally, third parties are responsible for safeguarding the assets of investors. They help in implementing the buy and sell orders placed by retail and institutional traders. 
Users can also access features like a broker trading terminal, integration with numerous payment gateways, a recurring buying option, an OTC trading desk, derivatives and futures trading options, and a dedicated help centre. 

Importantly, investors receive protection from extreme market fluctuations and volatilities. This is because centralized cryptocurrency exchanges back up the assets of investors offline (cold storage). Importantly, insurance also safeguards the funds of traders. This protects investors from the loss of their digital assets, hacking attacks, and thefts.

Decentralized Crypto Exchanges

These trading platforms help buyers and sellers to directly strike deals without dealing with any middlemen. For instance, Uniswap, Balancer, and PancakeSwap are decentralized trading platforms. These popular platforms operate in the form of an Automated Market Maker (AMM) protocol. 

It contains features like an instant token swapping option, access to charts and graphs, a help center, protection against slippage, and a voting option to influence proposals. Operating primarily in the form of Decentralized Applications (DApps), the buy and sell orders get matched based on trading volume and prices. Investors have to deposit their virtual assets in a smart contract and will receive regular returns depending on the activity of the investors.

Peer-to-Peer (P2P) Crypto Exchanges 

LocalBitcoins is an apt example of a Peer-to-Peer crypto trading platform. Users can publish advertisements, negotiate an ideal deal with a fellow buyer or a seller, and click the over-the-counter (OTC) trading facility. Generally, they can set minimum and maximum limits, view the conversion rates (crypto-to-fiat and fiat-to-crypto), and transfer the required amount. 

Moreover, investors get access to various features like instant KYC/AML verification, two-factor authentication (2FA), and a 24×7 help desk. Besides that, users can buy and sell cryptos without paying any charges. Importantly, users can transfer funds to hardware and software wallets free of cost.

Wrapping Up

Factors like the reputation of the cryptocurrency exchange development company, the track record in the industry, the tech stack used, and the budget must be taken into account while creating a digital asset trading platform. What are you waiting for? Use our state-of-the-art cryptocurrency exchange development services and build your wealth. 

Be the leader of the digital economy by utilizing Cryptocurrency Exchange Development Services

Live chat with us Ping us now

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Cryptocurrency Exchange Development Company – Guide for Choosing the Best in 2022 appeared first on Blog | Appdupe.

With the increasing number of users, there is a need for exchange platforms. Entrepreneurs choose white label swap exchange to launch it immediately in the market. You might have wondered what the benefits you get when you launch such a platform are. In this blog, you will get to know A to Z about White Label Swap Exchange development. 

Understanding White-Lable Swap Exchange platform

Swap exchange is a platform where the users can exchange one cryptocurrency of certain value with other cryptocurrencies with a similar value in a decentralized ecosystem. It is a cryptocurrency trading platform that enables users to exchange and earn revenue out of it effectively. 

With the increased attention on cryptocurrency, there are a number of users coming into this trading world. This created a demand for a robust and beginner-friendly swap exchange platform. 

Our White-Label Swap Exchange Development Company, with skilled developers with years of experience, offers customizable and feature-rich solutions. We provide various types of Swap exchange platforms, right from pancake swap to Bancor. Talk to our experts to know the range of services we offer.  

Why do you need a Swap exchange clone?

As mentioned earlier, the increased number of users in crypto brought a need for a beginner-friendly swap exchange platform. Apart from this, there are numerous benefits that make this platform ideal for entrepreneurs to enter the race in the blockchain field.

Curious to know more? Get in touch with us

Live chat with usCONTACT US

We know you are scrolling to learn the benefits of developing a swap exchange platform. They are

Tracking – It is essential to analyze the crypto market. This can be done by tracking the transactions and monitoring them immediately through a Swap exchange platform.

Staking – Passive income is one major attraction of cryptocurrencies. Staking cryptos bring good revenue to the users. Our staking protocol also rewards the users with coins that will enable them to stake more.

Swapping – The liquidity pool is the key that allows the users to exchange currencies of equal value efficiently.

Integrated wallets – The swap exchange platform with integrated wallets bring flexibility to the users. It brings a secure and reliable medium for the users to trade peacefully.

Secured payments – The users can easily pay through multiple payment gateways to enjoy smooth transactions. 

Our expertise swap exchange developments

The invasion of cryptocurrencies has bought a path for various exchange platforms, including PancakeSwap, Uniswap, Sushiswap, Bancor, and Curve. While developing them from scratch gets tedious and time-consuming, our experts have come up with White-label solutions for all of these decentralized swap exchange platforms. 

Pancake swap 

Our Pancakeswap clone built on the Binance smart chain is a decentralized platform that eliminates the use of order books. It is based on the AMM or Automated Market Maker model, which helps the users in gaining instant liquidity through the liquidity pool directly. By this, the users contribute to the liquidity pool, and they are provided with rewards in return. The rewards are usually transactions fees and LP tokens (Liquidity provider) which can be staked again.

Sushi swap

Sushi swap is a decentralized exchange platform that is built on the Ethereum blockchain. The working of this trading platform is similar to that of the Pancake swap but in an upgraded fashion. It offers various advantages like yield farming, providing effective LPs for the liquidity pool, and upgrades for token holders. The ability to yield farm and earn a high yearly interest rate makes it unique from other platforms. It also allows lending and borrowing assets against collateral with interest received or owed.

Uniswap

Uniswap is also a unique decentralized exchange built on the Ethereum blockchain. It uses both Automated Market Maker AMM and Constant product market maker method. Here AMM is used to eliminate the use of order books, while the Constant product market maker helps in distributing a pre-determined array of prices. Similar to pancake swap, this allocates rewards to the users. They can contribute to liquidity by staking in the liquidity pools.

Why us?

At, Appdupe our experienced developers can help you with a customized White-label Swap exchange clone. 

• Our developers are experienced in the blockchain field that they can build a platform in any blockchain network you desire. We work on Ethereum, Binance smart chain, Solana, Cardano, Tron, and more.
• White-label Swap exchange platform from us possesses high-grade security that absolutely keeps hackers and other external threats away.
• Worried about post-development technical issues? Don’t worry; we provide you with round-the-clock technical support.
• Our professional marketing team is ready to help you with the promotion strategies for your platform.

Outlook

Last few years, the popularity of cryptocurrency had a slow and constant rise, but it has been speeding up recently. The passive income people get through crypto trading is attracting several users to the field at once. Along with legalization, measures taken by many governments are also bringing new users to the field. This is the right time for budding entrepreneurs to get into blockchain. Act soon, and start your race because it is never too late. Kick start your White-label swap exchange development with us now.

We Help You To Reach The Finish Line In This Blockchain Race

Live chat with us TALK TO OUR EXPERTS NOW

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Ease Cryptocurrency Trade With White Label Swap Exchange Development appeared first on Blog | Appdupe.

How Kraken became a strong force in the crypto trading industry? 

Since its launch in 2011, Kraken has grown steadily. What is its Unique Selling Point (USP)? Users need not pay any deposit fee. Besides that, Kraken’s maker and taker fees are also negligible. 

Moreover, the California-headquartered platform provides other benefits like 24×7 technical support, multiple payment options, and an instant buying facility.
Besides that, the maker and taker charges vary as per the trading volume. Investors can manage their portfolios efficiently. 

They can make the right decisions by seeing charts and graphs. It shares updates about the changes in price, market movement, and trading volume. 

Analyzing the significance of the Kraken Clone

It is a prebuilt cryptocurrency exchange solution with features identical to Kraken. The Kraken clone acts as the one-stop destination for buying and selling crypto, swapping, initiate custom orders, and also monitoring investments round-the-clock. 

Our team at AppDupe utilizes advanced technologies to create a centralized trading platform like Kraken. Thus, you can deploy it instantly and attract retail and institutional investors.

How does a Kraken Clone function? 

• Users need to create an account on the centralized crypto exchange. They must enter details like email address, name, password, and country of residence. Investors can also choose the preferred language they want to trade in.

• Subsequently, the admin of the crypto trading platform approves their accounts after verifying their personal and financial information. 

• Moreover, investors can click the quick buy option, choose the specific cryptocurrency, see the current rates, and purchase it. 

• Consequently, users can make profits by clicking the margin trading facility. They can choose the leverage (5x and 10x), take short or long positions, execute market and limit orders, and receive high returns. 

• Are there any other options? Investors can hedge their spot trades by clicking the cryptocurrency futures button. Thus, they can enlarge their wealth by buying or selling digital assets at a future date for a certain price. 

• Thus, they will benefit from protection against inflation, flexible usage of collateral, safety against extreme market fluctuations and access to different trading pairs. 

• High-net-worth individuals (HNWIs) and institutional investors can execute large crypto orders seamlessly. They can click the Over-The-Counter (OTC) trading option and receive support from experts. Users get several advantages like availability of market insights, access to insightful opinions, 24×7 trading of both fiat and cryptocurrencies, and spot KYC/AML verification.

• What if users face any issues? They can contact the help center. Investors will receive support for problems like depositing of local currencies, verification of accounts, protection of data and funds against hackers and phishers, adding funds for trading assets, withdrawal of digital currencies from hardware and software wallets, receiving returns from margin trading and staking, and participation in parachain auctions. 

What are the key features of a crypto trading platform identical to Kraken?

Transaction History – Transparency is the hallmark of a Kraken clone. It stores details of all the payments made by users in the past. Thus, they can refer to it anytime to resolve discrepancies. 

Real-time portfolio tracking – Interactive charts and graphs help investors keep a close watch on their portfolios. They receive updates about their balances, allocation across different virtual currencies, ups and downs in prices, and expected returns over a period. 

Leaderboard – It shares details of the total market capitalization of each cryptocurrency, the top gainers, losers, and traders who make hefty profits. Users can analyze this quantitative and qualitative information and add certain assets to their watchlists. Subsequently, users can buy or sell crypto assets based on market conditions. 

Indices – Investors can earn more income by viewing data from indices. Information from the leading cryptocurrency exchanges is aggregated and displayed. They can view details like the spot rates of various cryptocurrencies, the changes in prices over the last few days, and the level of risk. Eventually, this helps small, as well as large investors to handle their portfolios and protect themselves from market manipulation. 

Staking facility – Users get rewards by staking their fiat and cryptocurrencies. They can maximize their returns by using the compounding mechanism. Investors can buy digital currencies and also fund their accounts with certain virtual assets. They can press the staking option after seeing details like the name of the crypto token, yearly rewards, and whether it exists on-chain or off-chain. 

What are the security measures available on a cryptocurrency exchange like Kraken? 

Revoke access – Users can prevent misuse of their funds and personal data. They can tap the revoke access button if they lose access to their account. 

Biometric authentication – Crypto investors can thwart hackers and phishers by using biometric authentication. This is a viable alternative to passwords and PIN codes. 

Two-factor authentication (2FA) – Crypto holders can secure their account by using two-factor authentication. Thus, they have to enter their private keys and a one-time password (OTP) while transferring funds. 

Other measures – Investors can safeguard their crypto assets by using options like SSL encryption, time-lock when they do not use their account, email confirmation when they withdraw funds from their wallets, and Pretty Good Privacy (PGP) for secure communication. 

Wrapping Up

Unquestionably, Kraken is a reputed platform in the crypto trading industry. Want to begin a decentralized financial revolution? Reach out to us now for creating a state-of-the-art Kraken clone. 

Rule the cryptosphere by creating a Kraken Clone

Live chat with us Ping us now

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Establish your crypto exchange with a Kraken Clone appeared first on Blog | Appdupe.

Trading charges – Users pay a certain commission when they initiate buy and sell orders on a cryptocurrency exchange. Generally, this varies based on aspects like the size of the trade and the time they take to fill the order, the location of the investors, the type of platform (Centralized, Decentralized, and Peer-to-Peer), and the payment method utilized. 

Listing fees – The 24-hour trading volume of Binance and Coinbase is $17.44 billion and $3.64 billion respectively. Moreover, these platforms have listed around 405 and 159 coins respectively. Likewise, these crypto exchanges impose a certain fee when digital assets get listed on the platform. These charges depend on factors such as the background of the issuer, their market capitalization, and financial statements over a period.

Deposit charges –  You can impose a deposit fee when users transfer their fiat currencies like US Dollars (USD) and Euros (EUR) to the crypto exchange. Generally, there is a minimum limit when investors make deposits. Generally, no charges are levied for crypto and stablecoin deposits. Extra fees are applicable when investors use payment options like credit cards, debit cards, and wire transfers. 

Withdrawal fees – Investors need to pay a specific amount while withdrawing funds from the cryptocurrency exchange. You can attract crypto holders by not imposing fees when they transfer funds from one wallet address to another.  Importantly, extra charges are imposed when users withdraw fiat currencies by using payment methods like debit cards, credit cards, and wire transfers. 

Fees for initiating Over-The-Counter (OTC) trading – Unquestionably, investors can pocket hefty returns by doing Over-the-Counter (OTC) trading on a cryptocurrency exchange. Sometimes, they can get a good profit by completing trades within a specific period. Thus, both crypto buyers and sellers will incur a certain fee after executing the trade. 

Importantly, there is a limit related to the price spread. This will be above or below the market price and users have to process the payment from their software wallets. They have to enter details like the price in crypto, the price in fiat currency, and tap the request trade option. Subsequently, their trade gets completed depending on the order size. 

Maker Fees – Users incur a certain charge when they add liquidity to the order book. Further, this happens when they place a limit order below a certain price. Later, investors pay a maker fee after executing the order. Generally, the fees may increase when it takes time to match a buy with a sell order.

Taker charges – This is applicable when investors remove liquidity from the order book. They must place a counter order against an order already requested by another user. Subsequently, the matching engine executes the market order after the user pays the taker fees.  

What is the primary difference between maker fees and taker fees? Users pay the taker fee when they place the hidden order on a cryptocurrency exchange. However, they should pay a maker fee. This happens when the limit order and the hidden order matches.

Margin Funding charges – Users can earn high returns by taking short or long positions on their assets. They have freedom in choosing the trading pair and the leverage (5x, 10x, and 20x). Eventually, crypto investors receive benefits like 24×7 portfolio management, sufficient liquidity, protection against extreme fluctuations, and insurance. 

Moreover, users can choose options like Cross Margin and Isolated Margin. The fees vary based on factors like the fluctuations in trading pairs, the ups and down in cryptocurrencies, DeFi tokens, and stablecoins, and the total assets locked by investors in their accounts. Importantly, details about the opening and closing positions, status (normal and executed), and amount of profits are mentioned. This ensures transparency. 

Derivative trading fees – Investors can pocket more wealth by choosing options like Futures Contracts, Options, Perpetual, and Leveraged Tokens. They can initiate this after seeing data about the index, countdown, the fluctuations in trading volume, and the extent of order depth. The charges differ for makers and takers. 

Further, makers get a rebate after their limit or market order gets executed. Generally, this happens after they add liquidity to the order book. Likewise, takers pay extra charges for scheduling their trade and setting the right position. 

Analysis: How corporate crypto trading services will be a game-changer? 

You can fetch hefty revenue by providing trading services to corporate enterprises. These VIP and VVIP clients will get several benefits. They receive access to state-of-the-art charts and graphs, personalized widgets, a dedicated account manager, as well as API connectivity with the leading crypto exchanges and Decentralized Finance (DeFi) platforms. 

You can attract high-net-worth individuals (HNWIs) with options like lower trading fees and rewards for doing staking, liquid swapping, spot, margin, and futures trading regularly.  Besides that, institutional investors get an advantage as they can avail of loans by tapping the over-the-counter (OTC) option. Generally, the interest rates are low as investors can use their existing balance as collateral. 

Likewise, as investors build their wealth, they get access to other options like whitelisting of assets, a customized interest rate offering, and treasury management. 

Wrapping Up

Want to give tough competition to banks and financial institutions?  Connect with AppDupe for white-label crypto exchange development. 

Be the pioneer in decentralization by establishing a cryptocurrency exchange

Live chat with us Ping us now

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Analyzing the business model of Crypto Exchange Platforms appeared first on Blog | Appdupe.

Follow the Steps below to launch your Crypto Trading Platform 

• Comply with regulations – It is essential to follow Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter-Financing of Terrorism (CFT) guidelines while developing a Crypto Exchange. Generally, these rules vary from one country to another. Thus, you have to take into account the rules and regulations passed by governments, investigative authorities, and enforcement agencies. This is important when crypto trading platforms expand across different nations. 

• Network with investors – Unquestionably, a lot of investment is required to create and manage the operations of a crypto exchange. Thus, you must spend capital related to assembling the tech stack (programming languages, smart web frameworks, and contract auditing tools), hosting the exchange on a decentralized server, and implementing marketing campaigns. 

Moreover, aspiring cryptopreneurs like you should prepare a pitch deck and include information about the business  model, roadmap, background and achievements of the team members. This will help in convincing the leading  Venture Capitalists (VCs) and institutional investors. 

• Collaborate with a white-label solution provider – Centralized, Decentralized, Hybrid, and Peer-to-Peer (P2P) are the common types of Crypto trading platforms. You can reveal your business goals to a reputed white-label solution provider.  

The solutions include crypto exchange software development, creation of clones similar to Binance, Coinbase, LocalBitcoins, Bitpay, Poloniex, Bitstamp, WazirX, Bitstamp, Remitano, KuCoin,  Paxful etc. Moreover, investors can access other features like a margin trading facility, integration with hardware and software wallets, a brokerage trading terminal, cloud enterprise exchange solutions, and access to other financial services like derivatives, futures and perpetual contracts, crypto lending, and buying and selling of vanilla options. 

• Establish a Liquidity API – You can attract small and big investors across the world by creating a Liquidity API. The benefits include access to a greater order depth, a greater trading volume, and cross-bridging of assets without any fees. Investors also get several advantages like instant price discovery across different Centralized and Decentralized trading platforms, hassle-free access to order books, and discounts on trading fees. 

Moreover, they can make the right investment decisions by seeing graphs and charts. This shares real-time updates about changes in prices, market movement, and the fluctuations in trading pairs. 

• Collaborate with a payment solution provider – Importantly, the international financial system has undergone several changes. From holding physical notes and coins, people are interested in digital currencies now. 

Further, investors can hold their virtual assets in software wallets. They can choose Coinbase Wallet, Dapper, Kaikas, MetaMask, MyEtherWallet, Trust Wallet, Portis, Torus etc. Traders can shield their funds with private keys. Moreover, crypto holders can also back up their digital currencies offline by utilizing hardware wallets such as Trezor One, Ledger Nano S, and Ledger Nano X. 

You need to choose a reputed payment gateway creator like the speed of processing transactions, security measures, rules and regulations of authorities, and the fees involved in interchange and conversion. 

• Incorporate military-grade security steps – You need to protect crypto investors from hacking, phishing, and scamming attacks. Thus, measures like end-to-end (E2E) data encryption, two-factor authentication (2FA), a PIN, multi-factor authentication, and Bluetooth integration are essential.

Moreover, crypto holders can safeguard their virtual currencies by utilizing private keys and secret recovery phrases. This prevents unauthorized usage of funds. Generally, offline wallets are highly secure with firmware verification, an ultrasound hardware seal, a secure update procedure, additional support for passphrases, backup of personal and financial data, and a protected bootloader. 

1. Test the functioning of the crypto exchange – It is essential to scrutinize the functioning of the crypto trading platform before launching it in the market. A white-label solution provider is adept in smart contract auditing, penetration testing, protection against intrusion and security breaches, instant incident reporting for malicious attacks and Distributed Denial of Service (DDoS) attacks, and prevention of unauthorized takeover of user accounts. 
2. Initiate marketing campaigns – Unquestionably, aggressive promotion is necessary to stay ahead of other competitors in the market. For instance, you need to post content regularly on instant messaging apps and social media platforms. This will captivate the target audience. A variety of articles, blogs, press releases, newsletters, case studies, whitepapers, and snippets will keep crypto investors hooked. 
3. Provide extensive technical support – You can dominate the market, as well as capture the trust of crypto enthusiasts. Providing 24×7 technical assistance to investors is important. Thus, users can instantly sort out issues like enabling two-factor authentication (2FA), changing account credentials, depositing and withdrawing funds from hardware and software wallets, participating in airdrop programs, and completing identity verification.

Wrapping Up

The global market capitalization of digital currencies has surpassed $2.03 trillion. Moreover, the interest of institutional investors and big conglomerates in cryptocurrency is growing. The market conditions are highly bullish now. Connect with us and launch a white label crypto exchange.

Build your digital trading venture with a White Label Crypto Exchange

Live chat with us Contact blockchain geeks now

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Get to know the step-by-step procedure to establish your White Label Crypto Trading Platform in 2022 appeared first on Blog | Appdupe.

XDai is a side chain of Ethereum blockchain that uses the POS or Proof of Stake mechanism. Here is a short article to give you all the insights on xDai, Baoswap clone, and its development.

What is XDai?

As mentioned earlier, xDai is a sidechain of Ethereum Blockchain. Its native cryptocurrency is also named xDai. This side-chain imposes a minimum fee. The transactions in the xDai chain are faster than it takes only 5 minutes to complete. It is mainly designed to offer faster and more affordable transactions to all. There are a number of advantages to the xDai Blockchain network.

XDai cryptocurrency

The price of xDai, the native currency of xDai chain is fixed based on the US dollars. It is similar to other known stable currencies like USDC, Tether, and others. While most of the stable cryptocurrencies work on the Ethereum network, xDai works on its own xDai chain.

Benefits of Bao on XDai chain

Baoswap’s Migration to xDai chain is due to the following advantages of the xDai side chain.

• XDai sidechain has a faster block time than the Ethereum network
  Quick transaction time
• It offers lower transaction fees that all transaction and gas fees are performed with a single token
  XDai has a distinguished energy efficiency
• It is a growing blockchain technology that is designed to support peer to peer transactions
  XDai also supports mini transactions, crypto, and community conferences
• It works on POSDAO consensus with staking tokens. It is a Proof of Stake algorithm which is implemented as a decentralized autonomous organization.
• It has usability tools like a burner wallet

With all these advantages over the main chain, many decentralized apps are being built on the xDai chain. There are also platforms that decided to migrate to xDai from other blockchain networks.

XDai chain is one emerging sidechain in the blockchain industry. Be an early adapter of xDai with your decentralized cryptocurrency exchange platform. We at Appdupe offer an exclusive Baoswap clone script running on the xDai blockchain.

What is Baoswap?

Do you know Bao is a Chinese term for dumpling wraps? In Chinese, Bao is a term for a treasure or a package that is present inside a fancy wrapping. To make it simple, it is a traditional way of wrapping up a treasure and making it a new valuable.

Bao stands for Balancing, Automation, and Option. LP tokens are taken as Collateral in Bao Finance, which is a mix of SNX and Aave. LP tokens are nothing but Liquidity provider tokens issued in a decentralized exchange platform to increase the liquidity. And, they run on Automated Market Maker (AMM).

Bao finance uses this concept in the decentralized finance sector. It aims to give new protocols by adding up the layers in an already existing De-fi protocol.

What Is A Baoswap Clone Script?

A Baoswap clone script is a white label solution for a decentralized cryptocurrency exchange platform built on the xDai blockchain. It involves yield farming and synthetic assets. It is a platform where the users can yield rewards and use them to stake them in Bao Farming.

Baoswap clone allows the users to earn and hold Bao tokens. The users can have a number of advantages with Bao tokens. They are:

• Creating governance proposal
• Governance polls voting
• Elect or deselect of oracles for synthetic assets pricing
• The decision to create, list, or remove the synthetic assets
• Deciding new features and development

A team of experienced developers in the blockchain field at Appdupe is here to help you with this trending blockchain trend. Leave it in the hands of the experts and get ready to hit the market with an exclusive de-fi exchange like Baoswap clone.

Why Should You Choose Our Baoswap Clone?

De-fi trading is slowly invading every nook and corner. People are looking forward to get into decentralized finance for its various advantages. Appdupe offers a wide range of de-fi exchange platform development. With years of experience, we offer complete customization of the platform according to your requirements. Our dedicated team is ready with the platform development, complete testing, and offers on-time delivery.

Wrap Up

The Crypto world is getting bigger every second. There is demand in exchange platforms on trending blockchains like xDai. This is the right time in launching a cryptocurrency exchange platform on XDai side chain. One who starts early gets the rewards early. Be that young entrepreneur who starts early in XDai with our BaoSwap clone. 

Ready To Launch Your Baoswap Clone? Connect With Our Developers

Live chat with us Enquire more

Author

Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.

www.appdupe.com/

The post Start Your Journey In Decentralized Cryptocurrency Exchange With Baoswap Clone appeared first on Blog | Appdupe.