Cryptocurrency is steadily becoming more accepted worldwide, as even financially conservative countries are beginning to recognize its potential impact on future economies. Growing demand for crypto trading has led to many regulations supporting digital currency and blockchain technology applications.
Entering a crypto exchange business is possible by creating an exchange from scratch or choosing a White Label solution designed specifically for cryptocurrency exchanges. Both options have their advantages and disadvantages. This blog post will discuss the role of White Label providers and help you to choose the right one from many available options.
Defining White Label Solution and Important Aspects To Consider
As cryptocurrency exchanges become increasingly sought after, WL solutions have emerged as a viable answer for quickly constructing reliable cryptocurrency exchange platforms. Including the back office system, WL solutions provide all necessary features, from trading platform integration to advertising tools and lead management features. It’s just a matter of customizing your unique platform with components like logos and color schemes matching your business branding and needs.
Aspects To Consider While Choosing a WL Provider:
Flexible Customization: A provider should offer a platform with a high customization degree to maximize the possibility of keeping the exchange’s unique branding.
Hosting: Capabilities to host a high volume of trades ensure customer satisfaction.
Pricing: A wide range of available options on the market allows businesses to compare prices and offers of different solutions; choosing a provider that suits the size and budget of your exchange might be critical.
Experience & Reputation: An effective White Label platform must offer scalability, transaction speed, and capabilities for handling various currencies and deposits. It is essential to review and research options before making a decision.
White Label solutions are pre-installed, versatile, and cost-effective exchange services allowing for quick development of a branded crypto exchange, providing all that is needed for a full-scale operational crypto exchange: trading platforms, payment integrations, data analyzing tools, customer support, and reporting systems. WL solutions can be tailored to fit the requirements of any business with minimal resources needed, providing an efficient platform to distinguish your brand from competitors in the industry.
Top 10 White Label Providers In 2023
So, what provider to choose? Fortunately, experts have selected premier White Label cryptocurrency exchange solution providers to help you make decisions:
- B2Broker
For those looking to make a name in the crypto market, B2Broker company stands out as an ideal choice. Established in 2014, it offers cutting-edge technology and high-quality services that are sought after by many consumers of this rapidly growing industry. Clients may take advantage of features such as quick widget additions via platform administrator support, many connection methods, including REST and WebSocket API availability, and impressive speeds of up to 30 000 requests per second on its matching engine without additional fees.
- ChainUP
ChainUP stands as one of the premier crypto exchanges available to clients. Through a comprehensive approach — which includes eight phases of software development and consideration for user needs — they provide an optimal online experience. Their robust services include fast transactions (up to 50000/second), secure wallets & drawing tools, risk management solutions, technical analysis devices, and fiat-crypto conversion capabilities, providing users with convenience & flexibility in their operations.
- HollaEX
HollaEx provides a robust and open-source WL cryptocurrency exchange that offers maximum user flexibility. It is the most intuitive, with lightning-fast speed to market and an incomparable ease of use for developers who can access it free on GitHub as an exchange kit for self-hosting. Moreover, users gain complete control over customizing their experience via advanced configuration options such as adding currencies or renaming them — all in full confidence of safety & security.
- AlphaPoint
AlphaPoint, founded in 2013, is a specialized software development company providing features like superior liquidity and user-friendly interfaces on its WL bitcoin exchange. Customers can benefit from WebSocket & API connections and advanced monitoring and reporting systems to gain an unmatched trading experience.
- Markeleon
Merkeleon, providing its clients with a secure crypto trading experience, offers an extensive range of digital currencies stored in its wallet service. Modularity enables easily customizing the exchange software to meet individual requirements, with advanced techniques are available to prevent DDOS attacks.
- Devexperts
With 19 years of experience in financial market software solutions, Devexperts offers unique components to build visually impressive and profitable platforms. Their WL crypto exchange allows traders to easily access past and present data with its well-connected websites and applications. With the fast processing speed of transactions on their matching engine platform and round-the-clock support whenever needed, it is the ideal solution for businesses that are serious about their plans.
- PayBito
PayBito offers an easy-to-use, versatile White Label cryptocurrency exchange platform. With a send/receive tab displaying necessary data such as the time stamp, amount, and transaction ID for each sender, it provides extensive accuracy of information. HashCash developers have additionally created a universal platform that can be used in multiple languages with support from integrated document management systems to manage user data more efficiently alongside a digital wallet approved by this technology contributing to rapid consumer transactions.
- Skalex
Skalex is a premier cryptocurrency exchange that pioneers high-level security protocols and advanced blockchain technology. Investors benefit from two-factor authentication to view orders, plus multi-signature wallet protection for superior platform safeguarding.
- Soft FX
Soft FX’s innovative exchange software solution has achieved remarkable success in the market, offering a variety of trading instruments with unparalleled liquidity, security, and speed. The authors recently added enhanced services to give customers greater operational flexibility and access to pre-configured blockchain interfaces such as Stellar, Waves & Cardano. This powerful suite is the culmination of years of effort from expert engineers and business strategists
- Exberry
Exberry is a leader in the development of digital asset trading technology. Their cloud-based matching engine offers exchange-grade performance, allowing for fast and accurate transactions between buyers and sellers across multiple global markets using cryptocurrency assets and security tokens, tokenized assets, altcoins, and more. The platform enables businesses to easily set up their marketplace with low latency operations at high-volume throughputs while scaling according to demand.
Bottom Line
Financial institutions are evolving rapidly, and blockchain business solutions provide unprecedented access to these opportunities. White Label solutions offer an efficient launchpad for businesses, enabling them to capitalize on the potential of multiple industries quickly and profitably. The prospects of this model seem highly promising in facilitating new ventures across various sectors, including cryptocurrency.