Remitano Clone Script - How to Make Cryptocurrency Exchange Like Remitano
Remitano is a cryptocurrency exchange based in the Seychelles. The service allows you to conduct peer-to-peer cryptocurrency purchase and sale transactions with escrow using various payment methods: cryptocurrency, deposit and credit cards, bank transfers and mobile money.
In this article, you will learn how to create a cryptocurrency exchange like Remitano using a software cloning script. This is a development method in which you copy the functionality and largely the design of the original product in order to reduce the cost and speed up development.
Remitano cloning script includes five steps.
In case of problems, the support service will resolve the issue on the basis of evidence provided by both parties. The evidence in such disputes is the logs and text messages in the Remitano chat, as well as the transaction history of cryptocurrency accounts (they are usually open, as in Bitcoin). Such data cannot be falsified or interpreted in two ways, so deciding who is right is quite simple.
For intermediary services and the use of escrow tools, the Remitano web service charges a fee of 1% of the transaction amount. The fee is added to the transaction amount when creating an order. It takes into account both the Remitano margin and the payment to the miners for confirming the transaction on the blockchain. Pays the one who answers the order.
The service provides services through a website and a mobile application (Android and iOS), focusing on emerging markets in Africa and Asia, as well as North America. Regular users of Remitano can buy and sell cryptocurrency for any amount, beginners must go through the verification procedure and wait a while (limits will increase every day after verification of identity to remove restrictions)).
Such a wallet can be implemented in two ways:
Admin panel. Tools that service personnel will use to manage, track processes, business analytics, resolve disputes, and provide technical support to users. When creating the admin panel interface, bid must be done on usability, its appearance is secondary.
Admin Panel Functionality:
Publication fee. Remitano doesn’t have it. However, if you want to create a cryptocurrency exchange with automatic matching and exchange of orders, then you need to enter it. This will be a very small amount (from 0.001 to 0.5% of the order amount), and its users will pay regardless of whether the exchange took place or not.
Premium features. Creating special conditions for those who are willing to pay for it. For example, posting more than 10 ads per month, the ability to show more information about yourself to increase trust, entering the list of "most reliable" after additional verification, etc.
Web mining. Using the computing resources of user equipment for cryptocurrency mining. The effectiveness of browser mining is very small, but with a lot of traffic, the profit can be comparable to the income from advertising. But users may not like this.
Advertising. You can introduce the possibility of paid promotion of individual ads: a special design, publication at the top of the natural listing, placement on the main page and more. You can also advertise third-party products and services.
Remitano was launched in 2016, and from the very beginning it was positioned as a peer-to-peer cryptocurrency exchange with a conditional deposit of funds. At the same time, the promotion rate was placed on the emerging markets of Africa. This marketing strategy allowed Remitano to stand out against LocalBitcoins and conquer markets where other P2P exchangers were not represented.
The markets were empty, because LocalBitcoins and other popular crypto exchangers supported only the most popular languages, while in developing countries, people, as a rule, practically do not speak foreign languages. This was used by Remitano, having made support first in Swahili, Bantu, Arabic and other languages popular in Africa, and then into Malay. English was also the default.
Promoted by Remitano with standard tools:
Open source software. There are several free Remitano clone scripts on GitHub and other repositories, which are usually allowed to be modified and used in commercial projects. This option should be used if you have a small budget and you are sure that you have excellent programmers.
Programmers are needed, because if you use free software: