02-01-2021, 04:30 AM
<p>
<!--StartFragment-->At first, this doesn't sound like a complicated project, but after some
research, you'll soon find that there are several companies that offer
Crypto Exchange White Label Solutions, and even fewer that offer fully
functional and supported exchanges that are flexible enough to meet the
needs customization and your security risk. Depending on your budget,
you can also decide to create your own platform, however, if you do not
want to support more than one or two exchanges, your costs will go
through the roof and you may want to reconsider the different business
models entirely.<br>
<br>
If you are like many people who have tried to open their own exchanges,
you will know that this is not an easy task. Crypto Exchange has many
moving parts, and you not only need exchanges, you will also need
payment processors (Fiat and Crypto), KYC integration, Liquidity, Coins,
Tokens, Wallets and Insurance. Does that sound simple enough?<br>
Not too fast, why not ask for a hacked exchange, which brings me to my first tip.<br>
<br>
1: Security<br>
<br>
Security is one of the most basic pillars for exchanging anything and is
also one of the most expensive to maintain. This is why making your own
platform is not a viable choice, unless you want to provide the market
with the WL Exchange Solution. Companies spend millions every year on
security and development to ensure that their clients don't need to
dirty their hands. Find companies that are willing to support your
Security risk and update your platform constantly. You will immediately
see that most White Label Exchange Solutions do not want to provide the
security needed or are unable to do so. However, only a few have managed
to provide a secure platform for their clients, who are reliable and
reliable.<br>
<br>
2: Reliable platform<br>
<br>
Finding a Safe and Reliable Solution goes hand in hand. As I mentioned
earlier, you need support from companies that are willing to update the
platform as often as needed so that your exchange manages the technology
needed. Many companies promise the world and very few really can give.
If you are not so sure that the solution provider you are facing is able
to handle what is offered, take a closer look at their clients who have
a fully functional direct exchange. Register for an account and start
using the platform, you will quickly get an idea of how reliable their
platform really is. Take the time to do research on their clients too,
this will give you a big indicator of the capacity of the Solution that
you might receive.<br>
<br>
3: Flexible Platform<br>
<br>
After you pass the first two obstacles, everything will start to get
easier. However, your challenge doesn't stop there. A flexible platform
solution that can exchange you with Front and Backend customizations
while maintaining the functionality that each White Label Solution wants
to provide. This is the Gold standard from Crypto Exchanges and yes it
is possible, however, if your solution provider does not have a
Framework for their platform, the chances of your Exchange hood being
Safe and Functional are very low. The Crypto Exchange is a complex
platform, there is a very good reason why there are so few solutions on
the market.<br>
<br>
4: Experienced Consultants<br>
<br>
As a consultant in this industry with experience working on projects for
7 different institutions, I cannot emphasize how important it is to
work with the right company. This experience in the market is the key to
the successful implementation of the Crypto exchange. There is a big
market for companies like mine to provide reliable solutions that make
my clients satisfied with their exchanges. I have created strategic
alliances with only the best in the industry to keep my life simple and
my clients happy.<!--EndFragment-->
<br></p>
<!--StartFragment-->At first, this doesn't sound like a complicated project, but after some
research, you'll soon find that there are several companies that offer
Crypto Exchange White Label Solutions, and even fewer that offer fully
functional and supported exchanges that are flexible enough to meet the
needs customization and your security risk. Depending on your budget,
you can also decide to create your own platform, however, if you do not
want to support more than one or two exchanges, your costs will go
through the roof and you may want to reconsider the different business
models entirely.<br>
<br>
If you are like many people who have tried to open their own exchanges,
you will know that this is not an easy task. Crypto Exchange has many
moving parts, and you not only need exchanges, you will also need
payment processors (Fiat and Crypto), KYC integration, Liquidity, Coins,
Tokens, Wallets and Insurance. Does that sound simple enough?<br>
Not too fast, why not ask for a hacked exchange, which brings me to my first tip.<br>
<br>
1: Security<br>
<br>
Security is one of the most basic pillars for exchanging anything and is
also one of the most expensive to maintain. This is why making your own
platform is not a viable choice, unless you want to provide the market
with the WL Exchange Solution. Companies spend millions every year on
security and development to ensure that their clients don't need to
dirty their hands. Find companies that are willing to support your
Security risk and update your platform constantly. You will immediately
see that most White Label Exchange Solutions do not want to provide the
security needed or are unable to do so. However, only a few have managed
to provide a secure platform for their clients, who are reliable and
reliable.<br>
<br>
2: Reliable platform<br>
<br>
Finding a Safe and Reliable Solution goes hand in hand. As I mentioned
earlier, you need support from companies that are willing to update the
platform as often as needed so that your exchange manages the technology
needed. Many companies promise the world and very few really can give.
If you are not so sure that the solution provider you are facing is able
to handle what is offered, take a closer look at their clients who have
a fully functional direct exchange. Register for an account and start
using the platform, you will quickly get an idea of how reliable their
platform really is. Take the time to do research on their clients too,
this will give you a big indicator of the capacity of the Solution that
you might receive.<br>
<br>
3: Flexible Platform<br>
<br>
After you pass the first two obstacles, everything will start to get
easier. However, your challenge doesn't stop there. A flexible platform
solution that can exchange you with Front and Backend customizations
while maintaining the functionality that each White Label Solution wants
to provide. This is the Gold standard from Crypto Exchanges and yes it
is possible, however, if your solution provider does not have a
Framework for their platform, the chances of your Exchange hood being
Safe and Functional are very low. The Crypto Exchange is a complex
platform, there is a very good reason why there are so few solutions on
the market.<br>
<br>
4: Experienced Consultants<br>
<br>
As a consultant in this industry with experience working on projects for
7 different institutions, I cannot emphasize how important it is to
work with the right company. This experience in the market is the key to
the successful implementation of the Crypto exchange. There is a big
market for companies like mine to provide reliable solutions that make
my clients satisfied with their exchanges. I have created strategic
alliances with only the best in the industry to keep my life simple and
my clients happy.<!--EndFragment-->
<br></p>