Building Your Exchange from Scratch vs White Label Exchange: Cost Analysis
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What’s a White Label Exchange Software? A white label crypto exchange software is one being developed by a third party, but with the possibility of tailoring and branding to business operators, allowing it to use its brand name. This means a fast track in launching a cryptocurrency exchange without the need to develop the technology from scratch. Mostly, this kind of software has full functionality, including order matching, wallet integration, and KYC/AML compliance, with fully functional customer support. White label exchange software can be an inexpensive way to minimize time-to-market and development complexities for any business seeking to become a cryptocurrency player. Essential Aspects of Building Your Own Exchange Here are the different dimensions that matter for anyone who is interested in building a crypto exchange from scratch: 1. Initial Investment and Development Costs Building a white label exchange from scratch may involve consid...