Cryptocurrencies and crypto exchanges are completely disrupting and transforming the business world in this currently, digitally evolving phase. Many budding entrepreneurs are aspiring to be a part of the cryptosphere and build their own crypto exchange to amplify benefits and profits for their venture! The number of cryptocurrencies and crypto exchanges increases with every fraction as newbies enter the market. There are different types of crypto exchanges, among which one of the most trending one currently is the cryptocurrency exchange with leverage. Why is it trending? What is a leverage exchange? Let’s find out.
Crypto trading with leverage- A quick peek!
A crypto leverage platform is where an investor deposits a minimum margin amount and borrows a larger sum of money (leverage) from the exchange to perform their trade. This helps them predominantly, to expand their position in the market and gain huge profit returns with minimal investment. A crypto leverage platform also involves several other benefits such as,
Widen user portfolio
Instant commencement of transactions
No involvement from third parties
Substantial profit returns
These are the top benefits a crypto leverage platform offers to the users. Now if you want to build your own crypto leverage exchange, let’s see what are the chief features required to make it authentic and profitable.
Salient features of leverage exchange
Index price, margin limit ratios
Partial closing trades
Conditional orders, market orders, copy trading
Transaction fee structure
Admin backend panel
Enhanced, multi-layered security
The above mentioned are most essential features for a leverage exchange platform. To acquire a cryptocurrency exchange software of your choice, with advanced features and functionalities, hire a well experienced company. One such company currently in the market with a team of experts is CES. They will offer whitelabel solutions for every exchange of your choice, with top-notch features and functionalities that will expand your scope globally and earn massive profits for your business. You can also buy their ready-made crypto exchange scripts and launch them in the market in no time. Reach out to them to know more.
In this digitally evolving world, Cryptocurrencies and crypto exchanges are making huge rounds in the market among potential investors. The demand and urge for cryptos and crypto exchanges are alive and kicking. There is already a wide range of cryptos and crypto exchanges existing in the market, but the competition for more is never-ending.
Do you want to set foot in the cryptosphere with your own crypto exchange? Are you wondering where and how to begin? Then, this article is for you! Over here, we are going to cover everything you need to know before launching your crypto exchange and make it a hit among potential investors! But, before going into that, if you are a starter, let’s take a look at what crypto exchanges are.
Cryptocurrency exchanges- Unraveled!
Cryptocurrency exchanges came into existence around the year 2010. Ever since their advent, crypto exchanges have gained huge traction among potential investors around the world. Every day there are newbies joining the market with their own cryptocurrency exchange development. Why such attention towards them? What are crypto exchanges?
Cryptocurrency exchanges are platforms that allow traders to exchange their cryptocurrencies for other digital currencies or fiat money. Crypto exchanges are backed by blockchain technology that helps control, verify, and secure transactions that happen on the exchange, with a chain of blocks encrypted with cryptography. With the advancement in technology, crypto exchanges have also evolved, and new techniques have been introduced, which are highly beneficial and help with optimizing the business experience for the customers. Let’s take a look at some of the significant ones.
What's trending now in the cryptosphere?
One of the most trending exchanges currently among investors is the cryptocurrency exchange with leverage. This is because the exchange allows investors to deposit a minimal margin amount and borrow a LARGER sum of leverage, which helps them to expand their position in the market and multiply their benefits.
Blockchain technology is widely evolving, mainly because of its decentralized nature. A perfect example of a completely decentralized software is the p2p crypto exchange software. A P2P exchange allows global traders to exchange their currencies or digital assets directly among themselves without involvement from any third party. This helps them with a more secure, efficient, risk-free, hassle-free business.
Now, you can build and launch any type of exchange of your choice. But to make it authentic, you need to follow certain mandatory steps. What are they? Let’s find out.
What are the essential factors to consider before launching your own exchange?
Deciding where you want to operate
The first and foremost step is to decide whether you want to expand your business globally or operate within a confined region/ country.
Based on your geographical preference, make sure your exchange comprises every necessary legal framework. It is better to gain expert advice on legal terms and licensing for your exchange based on your location.
Connect with banks/ payment processors
Partnering with a reliable bank or payment processor will help your customers efficiently create an account, and with faster settlements of funds. Including additional funds or fiat money can be one via payment gateway integration.
Integrating high-volume liquidity
Liquidity is an essential factor for any exchange. This will help with filling order books and generating activity in your exchange, which will encourage new customers to participate, seeing a full order book. Few ways to integrate liquidity are,
1. Integrating an API interface which will connect your exchange to other active exchanges
2. Stimulating your exchange by conducting artificial buying and selling trades.
3. You can combine your exchange with other exchange networks, thereby the liquidity of all the exchanges are connected. The volume of liquidity increases with the volume of the network.
For any exchange, multilayered security protocols should be integrated and looked into very carefully to protect assets and user information. You should integrate an automated KYC/AML verification option into your exchange, which will allow only authentic users and, therefore, ensure secure, risk-free transactions. Security should be the key factor to be considered while building your exchange.
These are the most crucial factors to be considered before developing or launching your exchange. There are also few other things to be looked into such as,
* What exchange you want to build
* The features and implementations you want for your exchange
* Your exchange transaction and storage capacity
* Deciding on the exchange fee
* Mobile application support for users, both iOS and Android.
* Customization preferences.
Now, what is the best way to launch your exchange quickly and efficiently?
Developing your crypto exchange from scratch, and then launching them will require an adequate amount of time and cost you ample amounts of money. With the demand and popularity boosting every day, to get your exchange upto speed, the best choice is to hire an experienced company!
CES is one such company with experienced developers who will offer a ready-made white label crypto exchange software that comes with a name, branding, logo designs, every essential feature, technical and security integrations along with personalized customization of your choice. Our Whitelabel crypto exchanges are ready within two to three weeks, and you can launch your exchange in no time, at cost-effective prices.
You can also avail of our cryptocurrency exchange script that comes with 100% reliable source codes, liquidity, security integrations, which will help you with a seamless business, and you can instantly launch your exchange in the market! Reach out to us, launch your exchange efficiently in no time, and become viral among potential global customers!
The topic of stablecoins entered the fray in late 2017 and early 2018. Described as the “Holy Grail of Cryptocurrency”, a scalable and stable digital currency would push for adoption in daily use. The stablecoin represents three units of monetary value; unit of account, store of value, and medium of exchange. This differentiates stablecoin from the rest, this can have a real-utility value in a way volatile cryptocurrencies cannot.
The emergence of secure, efficient, trustless stablecoins provides a platform to develop an overall distributed ecosystem of markets, loans, and insurance. Also, payment for various DApps would increase the anticipation and advocacy of stablecoin.
The most crucial advantages of stablecoins include:
Stablecoins – the future of crypto coins?
The focus of cryptocurrencies has always been to create a less volatile more liquid and decentralized digital asset. The Stablecoin can be considered to be the Holy Grail that the crypto advocates were looking at.
The Stablecoin can be expected to facilitate transactions without friction, not only between two parties transacting using cryptocurrencies but also between parties that might need to shuttle between crypto and Fiat.
Additionally, Stablecoins can give the escape hatch for erratic economies like Zimbabwe under Mugabe’s rule. They can choose to move their money to a different economy or an asset without losing out on the value.
Cryptocurrencies haven’t found their fullest reach or recognition yet and Stablecoins can only be expected to make them better understood and more reliable.
Stablecoin development services:
Fiat-backed token/coin development
Precious stones backed token/coin development
Gold-backed token/coin development
Necessary KYC/AML integrations
Cutting-edge blockchain technology integration
Smart contracts integration
Token sales/ distribution
Payment Gateway integration
Best-in-class marketing strategies
Stablecoin unique pre and post-launch services
At Blockchain App Factory, we are one of the first Stablecoin Development Companies, offering end to end Stablecoin development services including creation, trading and marketing.
Cryptocurrencies came into existence in 2009, with bitcoin being the first crypto coin. Since then, there is a lot of debate and discussion about the cryptos and the underlying blockchain technology. Most importantly, the criticism came from the ardent backers of the existing traditional finance system. They feel threatened by the growing popularity of cryptocurrency and how it is going to change the present finance structure across the globe.
Some of the reasons why they don’t want cryptocurrencies into the mainstream finance structure:
Lack of Inherent Value
Out of the points mentioned above, the naysayers are focusing mainly on the volatility. As any real-world assets back it, they call the cryptocurrency ecosystem is a bubble. To minimize the volatility of the price, the crypto world came with stablecoins.
The stablecoins are crypto-asset designed to minimize the volatility of the price by backing the crypto with real-world assets. There are different types of stable coins: Fiat-backed Stablecoin, Commodity backed stablecoin, Cryptocurrency-backed stablecoin, Seigniorage-style stable coin. A stable coin provides the benefit of a transaction as it has a fixed value relative to the underlying asset.
Many have a question of why we need so many stable coins. That’s a valid question. We have around 200+ stable coins right now. Too many options lead to confusion instead of assisting us in choosing the right one.
Now, people, after assessing all the benefits of each kind of stablecoins, Seigniorage-style stable coin is considered to be worth relying on. This type of coin is otherwise called as algorithmic stablecoin. It is based on algorithmic balancing the circulation of cryptocurrency based on the rise and fall of currency value, just like how central banks manage the currency value of a fiat currency.
There is a meteoric rise in the number of people who use and invest in cryptocurrency and the underlying blockchain technology. This wrecking ball of the virus has made more people turn towards cryptocurrency trading and other altcoin investments while they are staying at home.
Right now, a lot of people are considering crypto trading as an alternative source of income. With such a level of increased adoption of cryptocurrency, people tend to choose a crypto wallet without considering in-built features in it. So, before you decide to create a cryptocurrency wallet, here are a few things to know about crypto wallet and their security features.
What is a Crypto Wallet?
A Crypto wallet is a tool you can use to interact with a blockchain network. The different types of wallets are:
Unlike your PayPal or Paytm wallet, which stores the value of the amount you have in your account, the cryptocurrency wallets store your public key and private key information, which will enable you to transact. These public keys are like usernames, and private keys are like your secured password. You can share your public key to receive money and private key to send money.
Based on the way it stores the information and other working mechanisms, it is categorized as a hot wallet and cold wallet.
Hot wallet is the one which is connected to the internet
Cold Wallet is not connected to the internet.
The software wallet types are web, desktop, and mobile wallets. The hardware wallets are like your external hard disk, which you can plug into the desktop and laptop to transact.
Though, there is no hard and fast rule which will help in 100% wallet security. You need to keep both your system secured with all the necessary updates now and then.
We hope the above-summarized information will help you get an overall picture before you decide on the type of cryptocurrency wallet you need. To develop a fully functional multi-currency wallet, you need a Cryptocurrency wallet development company to advise the best and develop a secured wallet system.
Choose wisely before you invest!
Blockchain App Factory, an IEO Development & Marketing Services Company, can assist you from making to marketing your Initial Exchange Offering. You can remain focused on your core business.
Emerged in early 2018, stablecoin is one of the most popular and is becoming the preferable choice of currency among budding entrepreneurs for their digital business. For starters, stablecoin is a cryptocurrency that is backed by tangible, physical assets. Stable coins can be backed by precious metals/stones, fiat money and gold.
The root cause of stablecoins gaining tremendous popularity among potential investors and is preferred more over other cryptocurrencies is that they help cope up with price volatility. As they are asset backed stablecoins, they’re less prone to constant price fluctuations when compared to other cryptocurrencies. Now, with the booming trend and popularity, if you want to create your own stablecoin, this is the right time. But it is essential for you to know the top features to understand the working of stablecoins before going into the development. Let’s find out what they are.
Key features of a stablecoin:
Advanced Blockchain technology
100% “stable” asset backed currencies
Increased access to financial inclusions
Efficient mining process
Energy efficiency- High-speed transactions
Exposure to primary assets
Now, when it comes to the development, creating the coins from the ground up involves a lot of technical factors and consumes ample time and money. To build them efficiently and to get them up to speed, the better option will be to get in touch with a stablecoin development company that will be well founded and experienced. Such companies will offer quick, cost effective solutions along with personalised customization according to your preferences. Choose your company today, build a feature-rich stablecoin that will be a hit in the market, and raise huge profits for your venture!
Initial Exchange Offering is quickly becoming the go-to fundraising option for entrepreneurs. This can be seen with the increasing number of platforms offering IEO support. This trend is further expanding with the introduction of white label exchange services.
Advantages of Initial Exchange Offering:
In a nutshell, IEOs use exchange platforms to verify, list, and market projects. This is further explained in the following list:
In this funding model, the exchange functions as the trusted intermediary
Exchange conducts checks to authenticate projects and credentials of the entrepreneurs
Exchange lists the tokens on a secondary platform known as launchpads
Marketing campaigns are organized by the platform and are promoted to their members
Exchange also manages smart contracts as well as the token creation process
At a later date, the IEO tokens are shifted to the primary exchange thus providing the user with greater liquidity.
Earlier, the reputation of this decentralized fundraising medium was maligned by dubious projects and malicious individuals. Fortunately, with the introduction of Initial Exchange Offering (IEO), this perception is changing the crowdfunding landscape for the better.
In the IEO model, a cryptocurrency exchange functions as a trusted intermediary. In fact, the platform functions as the judge, jury and executioner. They not only verify to check if projects follow compliance but also organize and manage token creation activities on behalf of the entrepreneur. Meanwhile, the project is also promoted to the members registered with the exchange.
However, the marketing strategies offered by the exchanges are incomplete and suffer from the following problems:
Exchange may promote the project for a very limited period
Project does not get any exposure on social media
Most platforms offer only very basic marketing support
Entrepreneur will have to shell out extra money to access extra features
Hence, it can be seen how the exchange inspired marketing services are very bland. However, this can be rectified with the help of third-party operators. These companies are partnered with leading exchanges and offer great packages on IEO services. They also take care of the listing process and give your project an all-around marketing experience.
Blockchain App Factory is a leading cryptocurrency exchange development company. They offer exclusive IEO services and have strategic affiliations with top exchanges such as Binance, IDAX, LA Token, and more. For the Best IEO Development Services, approach Blockchain App Factory. We have partnerships with top exchanges such as Binance, LA Token, IDAX, and more.
The concept of cryptocurrencies are thriving among the business world and is widely booming with every passing day. Many of us are familiar with cryptocurrencies now compared to earlier. But to quickly simplify for you, cryptocurrencies are digital currencies and they are exchanged for other digital assets or fiat money.
What is a crypto wallet? How does it work?
A cryptocurrency wallet is a secured, digital wallet that helps store, send and receive various cryptocurrencies that include bitcoin, ethereum, dashcoin, litecoin and more. It is more like a software program that stores both public and private keys that connects with various blockchains to exchange cryptocurrencies and secure them with encrypted codes. Blockchain allows multi ledger wallets and completely protects investor’s interest.
Now, bitcoin being the most popular out of all cryptocurrencies, many budding entrepreneurs aspire to create their own bitcoins to earn huge sums of profits for their business. With the tremendous demand and popularity, it is very essential to have the most secure wallet to protect your bitcoins and conduct a smooth business. Let’s see what are the most essential features for your bitcoin wallet development.
Readily-available wallet addresses
Instant updates in changes of crypto values
QR code scanner
Auto denial of duplicate payments
Favourable session logout
These are the top core features that need to be integrated in any crypto wallet for seamless, efficient transactions. As this requires a lot of qualified technical knowledge and assistance, the best choice is to hire a well recognised cryptocurrency wallet development company like Blockchain App Factory, whose knowledge and experience is unmatched and therefore will offer 100% pre tested whitelabel solutions for multi-crypto wallets , that is feature-rich and robust and will ensure a successful, smooth business. So, get in touch with them and protect your cryptocurrencies today.
Stablecoins are the new hot cryptocurrencies making rounds in the market. They are backed by real-world assets. Stablecoins can be precious metals backed cryptocurrencies, fiat backed cryptocurrencies or gold backed cryptocurrencies. Because of this, they become stable and less volatile to constant price fluctuations unlike other existing cryptocurrencies. Stablecoins are also backed by blockchain technology that ensures high-volume liquidity, high-end security and user transparency. Stablecoins also come along with several other benefits that include,
Faster, cheaper, borderless transactions
High programmability and scalability
Thus, due to these many advantages that come along with stablecoins, the demand and popularity is widely booming among potential investors all around the world. If you are looking to create your own stablecoin, you can’t stop with developing, but also carry out distinct, sound launch services that will grab the attention of investors towards your project and make your coin “stable” and sustainable in the long run over existing competitors. For that, let’s see some key launch services that will help you.
Tricks for a unique stablecoin launch:
Drafting a engaging/ informative whitepaper/ investor prospectus that explains about the purpose and benefits behind your stablecoin
Easy navigable/ efficiently designed website that drives customer’s attention to get to know about the stablecoin.
Listing the stablecoins in recognised platforms
Landing page with clear vision communication and dashboard with three stages, pre-post and burn coins
Coindrop to wallets with bonuses
Referrals and promo codes
Blockchain and smart contracts deployment
Price volatility hedging and due diligence
Tech support, bug support 24/7 customer support
These are the most essential launch services that will make your stablecoin a hit and stable in the market. Gathering these elements together will consume a lot of time, money and demands technical assistance. The wiser choice will be to hire an existing stablecoin launch service company, who will provide you both pre and post launch services that are reliable and effective. And also, you could avail cost-effective solutions and your stablecoin will be ready to hit the market in no time! So, get in touch with a company today, launch your coin and spin millions!