Nowadays cryptocurrencies are becoming used more. The demand for them is tremendously increasing. This has made a need for a cryptocurrency exchange. It is a place where people can buy and sell cryptocurrencies. This cryptocurrency exchange business makes a lot of profit day by day.
Due to high profits, this has attracted a lot of entrepreneurs who are looking to start a business in this area. To create a top-notch cryptocurrency exchange you must know How much the cryptocurrency exchange development would cost. It depends on the various development methods you choose.
The factors that affect the development cost, its budget, time, and market demand. To develop a cryptocurrency exchange platform, there are two popular methods. The one is developing from scratch. It costs investing including lots of capital and time. Most of the time it is not an effective method for startups.
The second method is choosing a White label clone script to develop a cryptocurrency exchange. A white-label clone script helps you to build a cryptocurrency exchange in less time. It is pre-developed and tested by experts. It is highly cost-effective and it is free from errors and bugs.
Now, you may be thinking what will be the development cost? Yes, the development cost of building a cryptocurrency exchange from scratch ranges from $250k - 300k depending on your requirements. But the development cost will differ when choosing a cryptocurrency exchange software. It ranges only from $8000-$14000. Which is an effective way to start your cryptocurrency exchange.
Beneficial features of the cryptocurrency exchange software:
- HTTPs authentication
- Biometric authentication
- Jail login
- Data encryption
- Two-factor authentication
- SQL injection prevention
- Anti Denial of Service(DoS)
Amazing benefits of the Cryptocurrency exchange software:
- Highly customizable
- Easy to scale
- Stress tested
- Highly secure
- Built on a solid blockchain technology
I hope you have understood the benefits and features of the clone script. By seeing the features and benefits, we can clearly say that it is highly beneficial than development from scratch.
Now, you must choose a solid service provider company that gives you custom solutions. For your benefit, I have researched the market and have found an excellent service provider company- Coinsclone.
They are highly experienced and skilled in developing cryptocurrency exchange software. They provide quick delivery in providing cryptocurrency exchange software.
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