From enterprises to startups, everyone started showing interest in cryptocurrencies and trading platforms. It created a huge demand for crypto exchanges because it is the only place to trade crypto coins. Particularly, Peer to Peer crypto exchange platform has attracted many startups and entrepreneurs to initiate one on their own.
Peer-to-peer primarily refers to the transfer of data between two parties without the involvement of a third party. When it comes to a peer-to-peer network, every user is considered as an equivalent owner and contributor in the network. This crypto exchange helps the user to manage and transfer their crypto assets very effectively. As this software comes up with essential features of the peer-to-peer network and functioning, it guarantees the trading process seamlessly. So, make sure that all the necessary features are being implemented in the software you manage to develop.
So, how to develop a P2P crypto exchange platform effectively? Let me share some ideas with you…
Development from Scratch – This method is a traditional way of developing a P2P crypto exchange from the base. Also, it is considered to be a big challenge that includes a lot of hard work. The only advantage of this method is a very precise process delivering end-to-end output that has been designed according to your desired needs. But, the only drawback of this process is that it takes 8 – 10 months. Also, the cost involved will be slightly expensive.
P2P cryptocurrency Exchange Software – This is an alternative approach to developing a P2P crypto exchange platform instantly. P2P crypto exchange software is ready-made software enabled with customization from the user interface to core functionalities as per the business needs. Simple right, it is readily available and advantageous to other development methods. You do not need to wait for months to develop your crypto exchange platform, which is ready within a week and it is completely cost-effective.
Since the development of P2P crypto exchange from scratch consumes manpower, time, and high cost, everyone will prefer the white label solution. In that case, Choosing a white label P2P crypto exchange software would be the ideal choice for startups to push their crypto exchange to the next level.
Now coming to the point, once you have decided to develop the P2P crypto exchange platform, you should be aware of the cost behind the development methods. Let me shed some light on that…
To be clear, the cost of the P2P crypto exchange is determined by the development process you completely rely on. As there are two ways of developing a P2P crypto exchange, the cost has its effect on them. Development from scratch would cost around $80,000 which involves a team of experts and more time to get the output.
On the flip side, the white label P2P crypto exchange software would cost around $7,000 – $10,000, including the basic and necessary features to run a crypto exchange successfully. Also, it can be launched within a week.
If you are a startup fascinated to launch a P2P crypto exchange platform, then you should opt for the most preferred choice. The reliable and cost-effective solution is using White label P2P crypto exchange software.
A White Label P2P Cryptocurrency Exchange Software is ready-made software that can be tailored as required and launched into the global crypto market in a matter of days. Our P2P Cryptocurrency Exchange Software is integrated with a wide range of security modules that make this solution more secure. It is an instant development option that is cost-effective and efficient. In addition to that, there are some exemplary features that make this crypto exchange software very distinct. They are,
- Effective Admin panel
- Preferred trading
- KYC/AML verification
- Escrow system
- Multi-lingual support
- Seamless registration
- Multi-Layer Security
- Multiple Payment Methods
- Dispute Management
- Powerful Admin Panel
Due to these features, opting for P2P crypto exchange software is the right choice for startups. So that, you can make money by charging fees for every activity and option offered in the exchange. Also, this crypto exchange software contributes some profitable benefits to startups and entrepreneurs, which helps to attract more audiences. Some of the notable benefits are,
- Low transaction cost
- Completely privatized network
- risk-free and secure trading
- highly customizable
- Highly reliable and scalable
Due to these reasons, making use of P2P exchange software is always an ideal choice for startups. Now, you might be confused about where to afford P2P cryptocurrency Exchange software. I have an answer to that question. The only way is to connect with the leading cryptocurrency exchange software development company in the crypto-industry.
Since there are multiple options in the crypto industry, I suggest the name “Zab technologies”.
As a professional P2P crypto exchange development company, Zab Technologies has delivered many crypto exchange applications for startups and entrepreneurs. You can get both scratch and white-label solutions from their experts. They have unmatched experience in this crypto field helping many clients across the globe to achieve their business goals successfully. So, get started with them and experience success in your business!
