How much does it cost to start crypto exchange like localbitcoins?

  • 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.

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  • The drastic growth of the crypto industry attracts many startups & entrepreneurs who are interested to start crypto exchanges like LocalBitcoins.

    LocalBitcoins is a well-known p2p cryptocurrency exchange, most of the crypto traders using the LocalBitcoins exchange platform. You know why?

    Highlights of LocalBitcoins Exchange Platform:

    • Trade Anytime Anywhere
    • More Security-More ROI
    • Mobile Handy Trading Experience
    • Best p2p crypto exchange & more.

    These are the main reasons many traders are moving on to the LocalBitcoins crypto exchange. Now, LocalBitcoins is popular in the current crypto exchange market & also attracts many startups & entrepreneurs who are interested to start crypto exchanges like LocalBitcoins.

    But they’ve some questions like,

    • How to Start a Crypto Exchange like LocalBitcoins???
    • How much does it cost???

    How to Start a Crypto Exchange like LocalBitcoins???

    There are only 2 possible ways to develop a crypto exchange like LocalBitcoins
    Develop from scratch
    Get the secured & bug-free LocalBitcoins clone script from trusted clone script providers.

    In the above 2 ways, if you've chosen the 1st way. It may take a long term to learn to code & you may face some technical issues like wallet integration, security issues, & more. And, if you develop your exchange from scratch it takes a long time & needs more money.

    If you go with the 2nd way (getting LocalBitcoins clone script from trusted clone script providers) you will have a lot of benefits & most of the cryptopreneurs are also preferred the 2nd way.

    Benefits of using LocalBitcoins clone script:

    • They will help you to build your cryptocurrency exchange platform based on your business needs.
    • You can easily monitor the work process
    • You can test your exchange in the Beta module
    • Start your exchange business instantly.

    And, the second question is how much does it cost to develop???

    How much does it cost to develop???

    If you develop your crypto exchange from scratch it will cost around $50k. Suppose, if you go with a crypto exchange clone script it takes only ($8k to $15k) price can vary based on the requirement.

    Are you looking for the best bitcoin exchange script provider? Then I would recommend shaking hands with the best cryptocurrency exchange software provider, coinsclone to develop your own exchange platform based on your business needs. If you are interested check their free live demo at LocalBitcoins Clone Script Demo

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  • 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

    Registry lock
    Domain Name System Security Extensions (DNSSEC)
    Anti-DDoS modules
    Web Protocol Security
    Wallet protection
    2-Factor authentication

    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.

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    Mail-id: [email protected]
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