Best Crypto Exchange Software Solutions
Cryptocurrency exchanges are web services with high demands on performance, stability, security and complexity of operations. Development of such projects from scratch is difficult, costly and risky (!), So if you want to launch your own exchange, you should consider alternatives.
There are only two. The first involves the use of a white label. The second is open source software development. Consider the advantages and disadvantages of each of them and compare with the development of individual software solutions.
A type of cooperation in which one company creates a product and another sells it under its own brand. Thus, each party can focus on its competence (production and launch), which optimizes processes and brings more profit. The number of sellers of white label products is usually not limited.
Software developer providing professional business services, including for creating cryptocurrency exchanges. Merehead's white label includes a liquidity module, admin panel, P2P exchanger, hot and cold wallets. It is possible to try out the demo version.
White label benefits from Merehead:
California software development company with customers in more than 26 countries. The product they created is a multi-currency SegWit platform with support for high-frequency trading, multi-signatures and flexible configuration of currency pairs.
HashCash Product Features:
In March 2018, the Canadian cryptocurrency exchange Coinsquare announced the launch of a platform for replicating their software solutions. The white label cryptocurrency exchange software they provide is integrated with KYC and payment processors, which will facilitate fast and efficient user verification.
This White label is distinguished by the fact that it is developed on the basis of a working cryptocurrency exchange. True, the site Coinsquare only begins its journey. For example, in Europe, the exchange became available (added support for the euro and local means of payment) only at the end of 2018. Therefore, it is too early to judge how safe and reliable this white label solution is.
A financial and technology company that boasts a partnership with Red Hat, Microsoft, Coin Center, Hyperledger, Intel, and Enterprise Ethereum Alliance (which partnership is not indicated on the site). It has several industry awards and many clients on five continents. AlphaPoint's mission is to help a business find and implement its blockchain strategy.
White label benefits from AlphaPoint:
The company has been on the market for 40 years. Engaged in a variety of projects, including the blockchain and the white label for cryptocurrency exchange. The Shift Markets solution is focused primarily on newcomers to trading: an intuitive interface, simple order forms, similarity to traditional trading platforms.
Shift Markets offers:
The company is headquartered in London, UK. Emphasizes the entire life cycle of blockchain products, and not just their production. Their white label solutions for crypto-exchange can boast HFT support, as well as institutional connection via API FIX and ITCH protocols.
A large enough company with 200 employees and 10 years of software development experience. It focuses on development in the blockchain field - from creating tokens and launching ICO to implementing white label solutions for exchange and over-the-counter cryptocurrency trading on platform.
Prolitus Product Features:
Estonian company developing integrated solutions for launching cryptocurrency platforms. The company's products will launch a platform with support for KYC / AML, Fiat, bank payments and integrated round-the-clock support.
Benefits of the Ibinex Solution:
In addition to the blockchain, the company is engaged in the registration of domains (100,000 sold domains) and web hosting (10,000 servers). On the market for more than 10 years, has sales centers in the USA, Spain, Denmark, Russia, Ukraine, Nepal, India and China. Well established itself as a developer of cryptocurrency exchangers, where you can quickly and safely buy, sell and exchange cryptocurrencies for other digital assets or fiat money.
German white label software development company for the launch of cryptocurrency exchanges since 2013. In the previous article, we compared AlphaPoint and Draglet. Many reputable bitcoin and cryptocurrency exchanges use its products. Draglet stands out with a transparent approach to the price: $ 24, 40, 42 and 65 thousand depending on the type of white label and hosting connection.
Advantages of white label from Draglet:
In the market for more than 10 years. The company develops software of any level of complexity for the financial sector. Created more than 30 ready-made software products, including a white label for cryptocurrency exchanges.
UpTrader offer features:
In the market since 2011. The company has developed 20 aggregated services. Espay's white label is relatively simple, but reliable enough and can be built on both decentralized and centralized architecture. In addition, using Espay solutions, you can create an exchange for P2P exchange.
Espay Product Features:
Decentralized cryptocurrency exchange, the developers of which decided to use the site they created as a white label. The dDex solution stands out for integration with the Hydro Protocol, which simplifies the design, deployment, and protection of smart contracts used in decentralized trading platforms.
Features dDex offer:
Trading Engine Model. A simple engine for creating a cryptocurrency exchange. Contains the minimum number of required functions without a template for creating a site.
Philadelphia. The cryptocurrency exchange mechanism implemented on the Java Virtual Machine. It can be connected to stock exchanges, broker structures and other points that use the FIX protocol.
Crypto Day-Trader. One of the few projects aimed at creating a cryptocurrency exchange with commission-free trading. The engine is associated with the Robinhood API (thanks to which the non-commission trading is implemented), but it can be connected to any broker or API.
Buttercoin Trade Engine. The engine is based on the Buttercoin.com crypto-exchanger code, which was supported by Google's venture capital fund, but failed, presumably due to an unfortunate name.
Btcde-poll. A minimalistic engine that processes exclusively BTC-EURO, BCH-EURO and ETH-EURO trading pairs. Simplicity is more than compensated for by reliability.
Crypto trading engine. Very simple engine with minimal features.
Creation of a cryptocurrency exchange by the staff of a full-time team or an outsourced company. Both options require a lot of time and money. In the case of outsourcing, you can get guarantees of the performance and reliability of the product, with internal development - no.
If you need speed, reliability and reasonable cost - choose a white label. To minimize costs, you need to use open-source software. Those who want to create a unique product should do everything on their own or outsource the development.