How much does it cost to start crypto exchange like localbitcoins?
jackbrowny1234 last edited by
Localbitcoins is a well known p2p crypto exchange platform where anyone can buy and sell bitcoins and Localbitcoins clone script is a ready made software that includes all existing localbitcoins features and this script enables you to launch your p2p bitcoin exchange platform like localbitcoins.
In two ways you can create your own cryptocurrency exchange like localbitcoins,
1.white label crypto exchange.
2.cryptocurrency exchange from scratch.
Choosing a white label crypto exchange or readymade clone script is a good choice because it is very flexible and you can change or edit features. Developing a crypto exchange platform from scratch will take 4-6 months to complete and it depending on your requirement and it is cost effective.
What will be the exact cost to develop a cryptocurrency exchange like localbitcoins?
The crypto exchange development cost will be based on features and security that you include on your crypto exchange platform. If you develop your crypto exchange from scratch it will cost around 50k and if you go with clone script it may take around $8k-15k to develop a crypto exchange platform like localbitcoins and it may vary depending on your requirements.
Don't you know who provides the best localbitcoins clone script development? Don't worry about it! I will suggest to you the best leading crypto exchange development company.
WeAlwin Technologies is the best crypto exchange development company in the world. They have been serving their best crypto exchange platform around the world and they are expertise in providing a crypto exchange platform like localbitcoins with affordable prices. As a crypto exchange development company they provide a first class solution for their clients requirement.
Reach our experts via,
Mail-id: [email protected]
chrisdimposter last edited by
I would totally agree with you. Localbitcoins is one of the popularly known crypto exchanges. It is preferred by a wide range of crypto traders and crypto users. That is the main reason why every crypto startup and entrepreneur would want to start a crypto exchange like LocalBitcoins.
But, developing a crypto exchange platform is not a piece of cake. It needs a proper road map and a handful of Blockchain experts. Despite the development part, the entrepreneurs should know the various ways to develop a cryptocurrency exchange.
i) Developing a complete crypto exchange from scratch.
ii) buying a clone script and develop it on your own.
iii) Developing a crypto exchange from white label crypto exchange software.
Be it a crypto exchange like Binane, Localbitcoins, remitano, wazirX you don't have to rely on a clone script. Despite the cost, the clone script could lack security features that a crypto exchange platform developed from scratch possesses.
When it comes to the cost to develop a crypto exchange, it has many factors. They are
- White label crypto exchange software (Low cost)
- Developing from scratch (Unique but a little expensive)
In addition to that, you would want to integrate many security features. A crypto exchange is more likely to be at the risk of hacking. Yes, many digital hackers would want to steal cryptos. To avoid that, you would want to secure your crypto exchange by integrating features like
Domain Name System Security Extensions (DNSSEC)
Web Protocol Security
Outstanding Features that Shapes the Crypto Exchange Development Cost
- Margin Trading
- Atomic Swaps
- IEO Integrated Module
- Mobile Application for IOS and Android
- Liquidity API
- Crypto Payment Gateway Integration
- Order Book System
- Market Making
- crypto wallet integration
- AML / KYC integration
As explained earlier, the cost could vary on the above factors. Based on the requirements, the cost to start a crypto exchange could vary from 7k to 15k. Zab technologies, being a leading crypto exchange development company, offer all sorts of crypto exchange development services at affordable costs. Know more about the crypto exchange development and bitcoin exchange software by getting in touch with their Blockchain experts.
Contact the Blockchain experts via,