Features that can Contribute to the Success of your Crypto Exchange

The global crypto market capitalization surpassed $644 Billion in December 2020. In August 2020, the cryptocurrency trading volumes witnessed a 75% month-over-month increase since February 2018. Impressively, since March 2020, the average daily cryptocurrency trading volumes across the Indian exchanges have witnessed 500% growth. As the trade volumes continue to grow, the demand for cryptocurrency exchange development is also growing. However, building a premium crypto exchange right from scratch could be a costly and time-consuming affair. A white label crypto exchange is a turnkey solution to all these challenges.

From a business perspective, a white label crypto exchange is an exchange platform that is ready to launch. With some strategic customizations, the exchange operator can launch a feature-packed and fully-functional cryptocurrency exchange platform in a few days. At a deeper level, it is software packed with standard features and APIs to develop a fully-functional exchange.

For a cryptocurrency exchange to become completely operational, many security features, trading features, and standard components need to be incorporated. Here is the list of standard features and components and how that makes it a complete crypto trading solution:

1) A multi-currency supporting cryptocurrency wallet

2) A matching engine

3) Secure Admin panel

4) Intuitive UX/UI

5) CMS

6) Dashboard

The cryptocurrency exchange space has become very competitive. Many leading and sophisticated exchanges make it really challenging for new exchanges to attract traders. Thus, it is very important to go beyond some basic exchange features.

  • Multi-currency Wallet

With over 2,000 cryptocurrencies in the market, traders need an exchange that supports buying/selling, and storing of multiple currencies. Along with the multiple currency support, the exchange must also support multiple trading pairs.

  • Transaction speed

The cryptocurrency market is highly volatile. Thus, a cryptocurrency exchange cannot afford to be slow. It is very important for an exchange to process the trades within minutes.

  • Staking

Not all crypto users are traders. Some of them just hold their bags and wait for the right time to trade. Staking is one advanced feature of a crypto exchange that allows platform users to capitalize on an opportunity to earn interest on their idle crypto assets just like a traditional bank.

  • Derivatives Trading

Crypto derivatives trading has been rising in 2020. More and more crypto users are buying derivatives products like Options, Futures, and Perpetual contracts to book more profits. By offering derivatives trading support, a crypto exchange can place itself uniquely in this highly competitive space.

  • Anti DDos Protection

It is a very common type of attack by hackers. They increase unproductive traffic to the exchange platform with an intention to slow down the services. These kinds of attacks can be avoided by using Anti DDos Protection on exchange websites.

  • Google Authentication

Google Authenticator is one of the most trusted security features of the industry. It ensures every time a user accesses his exchange profile, he is asked for an OTP or an invitation link to his Gmail id. It is an enhanced security option and promises high-grade security to the exchange platform.

  • Escrow Protection

In the case of a peer-to-peer exchange platform, escrow protection ensures that the funds are moved to the buyer’s account only when the seller confirms that he has received the payment. This ensures that the trade is conducted in a fair and secure manner.

  • Two Factor Authentication (2FA)

This is also an advanced security feature. It goes beyond just username and password. Moreover, it requires users to provide passwords and some other kind of information to prove their identity and gain access to their accounts.

If you plan to buy crypto exchange software, we are your one-stop solution and service provider. We provide a white label crypto exchange solution that can help you launch your exchange in just 7 days. In addition, we specialize in building a custom exchange platform from the ground up.

Schedule a free demo of our white label crypto exchange or connect with our subject matter experts to share your needs for a custom exchange to be built from scratch.



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Decentralizing the world since 2016 through full-stack custom blockchain solutions. Follow this space for DeFi, DAO, NFTs, Metaverse, Crypto Exchanges & more.