The Key Highlights of Using a White Label Crypto Exchange Software: Why Pay Heed to it?

White label crypto exchange software keeps up the pace in digitization. It comes with profitable solutions for investors. Amid the risks, it has turned out to be a valuable asset that saves cost and time for people. As it helps in quick launching, white label crypto exchange software remains in higher demand these days.

A white label crypto exchange software allows businesses to seamlessly facilitate transactions quickly, thereby not requiring to develop the infrastructure from the base. Numerous global enterprises initiating crypto payments with the help of white label crypto exchange software. Before we delve deeper into the benefits of white label crypto exchange software, let us discuss the basic and key features of the same.

Basic Features of White Label Crypto Exchange Software

White label crypto exchange software is controlling the market for various reasons. Some of them are customization for every company’s brand logo and name, quicker deployment with core company operations, non-requirement of technological expertise for crypto exchange owners. Check out some of its features below.

• Derivatives trading: Both sellers and buyers formulate agreements for trading assets at a fixed cost on a later date. It refers to advantage because traders who need to bear the uncertainties involved within the volatile cryptocurrency market can safeguard their additional investments. According to the market position, investment plans will be formulated for the future by concentrating on high liquidity.
• Margin trading: White label crypto exchange software benefits small traders having limited funds for taking a larger position, thereby helping the traders get greater chances and more exposure of getting profits from market swings. With the help of efficient risk management, crypto traders can both go long or short on various crypto assets.
• Copy-trading: Copy trading benefits novice traders not having much knowledge of the crypto market. In this case, amateur traders can develop multiple portfolios and copy the plans for professional traders for making gains. Here, data analytics will be utilized for finding out the previous transactions and order books.
• Perpetual contracts: It refers to a form of investment where sellers and buyers acquire contracts believing that the cost of a crypto asset will increase. If traders anticipate a price decline, they sell their assets. Perpetual contracts help manage risks efficiently and ensure stability.

Key Features of White Label Crypto Exchange Software

Apart from the basic characteristics, there is much more to be known about a white label crypto exchange software. Below we have highlighted some of its key features.

• Wallet management system: The wallet management system happens to be an essential component because it helps store coins for numerous cryptocurrencies. Hot and cold wallet presence ensures funds' safety. On the other hand, multi-signature wallets with data encryption facilitate smooth transactions.
• High transactions per second: White label crypto exchange software ensures higher transactions executed per second, thereby enhancing the overall trading experience. Up to 1 lakh transactions per second can be processed with the white label exchange software.
• AML and KYC: With a white label crypto exchange software, there are proper processes in place for implementing Anti-money laundering strategies and Know your customer guidelines. Targeting based on geography is used for easy user verification. It helps prevent fraud by developing a database of authenticated sellers and buyers.
• Customer Management System: With the white label crypto exchange software, 24/7 technical support happens to be rendered in numerous languages for addressing customer’s queries. It increases global reach and improves user retention of the crypto exchange.
• Admin console: A robust admin console assists in dispute management by providing a detailed insight into the customer's history of bank statements and transactions. Moreover, it also helps manage and activate various trading pairs.
• High liquidity: Sufficient liquidity happens to be ensured for sellers and buyers by linking with external crypto exchanges through the opening of business accounts. It helps build up the crypto exchange’s reputation.

These are some of the sustained efforts that happened to be the key to the success of a crypto exchange. It helps gain new users, reach the target audience quickly, and boost trading volume.

Benefits of Using a White Label Cryptocurrency Exchange Software

Apart from a host of a multitude of features, a white label crypto exchange software comes with a wide assortment of benefits as well, such as:

• Easy to customize: The modular architecture and simplicity of a white label crypto exchange software help facilitate interface-related transformations without interference with technological infrastructure. The crypto exchange can be readily rebranded, thereby including design layout, user interface, new brand logos for complimenting it with the brand image of the company, and for a better marketing process.
• Saves money and time: White label crypto exchange software comes with readymade modules that remove the requirement to accelerate deployment, rebuild the wheel, and decrease the development expense. Organizations can save money and time that they would otherwise spend on expensive development and time-consuming processes.
• No technical expertise needed: White label crypto exchange software comes with already developed models that remove the requirement for companies to hire technical expertise or supervisors for steering up the development process.
• Easy to deploy: White label crypto exchange software is easy to deploy because the core of the software happens to be market-ready. It indicates that organizations do not need to build or develop anything from scratch. Just deploy install and the configuration is all set to be done.

With all the advantages mentioned above, white label crypto exchange software is getting huge traction among organizations worldwide.