Inevitable Features Of White Label Exchange Software That You Should Demand

Blockchain based cryptocurrencies are now become the most valuable digital asset, which already got wide adoption all over the world then why not grab an opportunity of making money out of it?

Is it really possible? Yes of course. The simple answer is by having a centralized cryptocurrency exchange.

If you have any plans to develop a white label exchange software to build a centralized cryptocurrency exchanges, do you know what features you should demand from the exchange development company?

Maybe the answer is yes or no, but I have collected all the required information if you are really interested in building any cryptocurrency exchange.

There are many cryptocurrency exchanges but out of them the 70-80% trading is going on a few exchanges such as Binance, Bittrex, Coinbase, etc, but why?

The reason is simple, their exchange meets with the trader's requirements and if you are able to match the same or maybe something more than that, then you can also get more exposure to your exchange.

Hence here are a few highlights which you should definitely consider while planning to build an exchange.

What is white label exchange software and how to build it?

The very first part for which you need to work is to find a company who can help you to build an exchange and there are many companies outside which can give you a bundle of software.

This software is easy to customize and re-brandable without much technical hassle and you can have your exchange live within a couple of hours.

This bundle of customizable software is known as white label exchange software and the company which provides software is known as an exchange development company.

Now let's focus on what features you should demand and here are just highlights but if you are keen to learn in detail then I recommend to have a review on our exclusive detailed guide.

Feature of a centralized cryptocurrency exchange

Every exchange has some key features which are common to all and recommend to include in your exchange software such as given below.

• Trading Engine
• Wallet
• User Interface
• Admin control

Above are four few which almost every exchange by default implemented and never miss to include in your else your exchange will not be perfect enough to control the daily trading.

But there are a few additional features which you should include in your exchange:

Spot Trading

It allows the trader to trade in real-time, which means a trader can buy-sell immediately.

Price movement and History chart

Every cryptocurrency traded in the exchange should have a price movement history chart, starts from 15 min till 1-month time gap difference, it helps the trader to predict the future price by technical analysis.

Wallets and Payment Gateway

The exchange has a collection of multiple cryptocurrencies, so make sure every currency on the exchange has different wallet address to deposit and withdraw or deposit funds in fiat currency must have the facility to link with payment gateway.

Trading Pairs

Make sure every currency listed on the exchange should have a trading market available to trade against the most famous cryptocurrencies like Bitcoin, Ethereum.

This is not the end of the list of the features and cannot lead you to success, as it is just highlighted through some primary or additional features.

If you are keen to learn more on white-label exchange software best features, I recommend getting detailed idea from the earlier suggested guide.

Espay Exchange is a leading & specialize in the security token exchange, forex exchange solutions and cryptocurrency exchange software development company.