Things to Consider When Building a White Label Exchange – Antier
Before a company decides to build and release a crypto exchange, there are certain things it needs to consider.
- Regulatory Requirements: A full-length, in-depth research is crucial for a crypto exchange to be successful. Make sure to understand which features should be compulsory and how they should be handled on the exchange. For example, KYC and AML processes are a must for any crypto exchange.
- Jurisdiction: Every country has its own rules related to the crypto market. Some countries and regions have banned the exchanges. Always stay up-to-date about the local regional policies related to cryptocurrency.
- Security Features: Data security is one of the biggest concerns for a trader. Make it a point to ensure that the exchange offers high-security by implementing some of the best security features available.
- Software Modules: Plan how the exchange should work. Have a clear idea about the UI (user interface), wallets, and exchange motors. It makes it easy to customize the white label bitcoin exchange software to meets your specifications.
- Number of coins to Integrate: How many crypto coins do you want to integrate into the platform? Including the famous tokens will automatically mean greater exposure and more traders.
- Liquidity: Every exchange aims to maintain high liquidity. The products chosen should help you achieve the target.
- Type of Exchange: There are four main types of crypto exchanges- decentralized, centralized, P2P, and hybrid. Pick one before you start building the platform.
