Every user wants to try something before paying for it. Remember how you go to test drive BMW. It is the same with a mobile application. Believe me; traders (your target audience) are willing to pay $20-$50, and even $100-$300 monthly to be sure they will receive an important notification on time. In the end, thanks to your application, they can earn tens of thousands of dollars every month. If you are planning an ICO or creating your own cryptocurrency, such an application will be useful for your investors.
So, we decided on a set of features. How many people need to be involved in this project in order to develop it qualitatively? As you already understood, in addition to the mobile application developer, we will need a backend developer to configure the server, send notifications (Google Cloud Messaging for example). To develop a cryptocurrency tracker, we need:
1. Backend developer
2. iOS developer
3. Android developer
4. Designer for part-time work.
To some extent, you can use together both mobile developers or one for hybrid applications. This may seem financially beneficial, but in reality, there is not. The reason is that with the result you will get 2 identical applications for different platforms. If you have a tight budget, the best option is to develop a mobile app for iOS and in the future for Android.
The list of the main phases a mobile application for cryptocurrency price tracker development includes preparation and planning. High-quality preparation and documentation can shorten development at times. Why is that? At the planning stage, first, to select the most effective options for solving the problem. For example, the core of this project is data. We recommend using Coinmarketcap and their API. That is why:
1. World-renowned leader in the industry of cryptocurrency data
2. Included in the top 110 most visited sites in the world, and the top 50 US
3. Capable to handle super heavy loads
4. High-quality API and documentation, which allows receiving data on almost any request
5. Up-to-date cryptocurrency list, prices, and volume
In our opinion and experience, these are very weighty arguments in support of Coinmaketcap.
Cost and time frames
Two applications (iOS and Android) with a web server, push notifications cost on average $12,000-$17,000. Including design, testing, and working with a company from Eastern Europe like Merehead. The average development time is about 6 weeks, including the main (active) development phases and testing. Comparing to the company from Western Europe, the United States or Israel, prepare to pay at least $50,000.
Our company is engaged in the professional development of Price tracker. If you have questions, contact us
and we will be glad to provide free advice.