The crypto world turns digital currency exchange into an easy action for traders. This and some other factors have made crypto trading a trending industry every day more and more people are entering this community. It has increased the demand for a safe and secure exchange platform in the market.
A competitive market has been created, in a way that if the business owners want to stand out among all the competitors they must provide new features and functions that help users to do their crypto actions faster and safer or some elements to make this process interesting for the traders. one of the ways to become successful in the crypto market is to enter this industry faster. But you know developing a website will take a lot of time.
But no worries,
We will tell you a method for developing a secure and safe website in a week.
Also, various exchanges are active in this field, we are going to check one of the popular and famous exchanges, to help you choose the best method to develop an exchange website and inform you of the features that a good exchange must-have.
What exactly is paxful?
Paxful exchange was founded in 2015 to act as a marketplace to connect crypto buyers and sellers to each other. Paxful is a p2p crypto exchange platform and digital wallet provider which enables users to buy, sell, and store various digital currencies. Paxful has more than 4 million users and about 200 workers. Paxful works globally it has active users from all around the world.
Paxful also has a free wallet that is safe, convenient, and easy to manage cryptocurrencies and provides access to the p2p marketplace. This wallet is available to download for pc, Mobile devices.
Feature of paxful wallet
Cloud backup protection
Multi-layer security measures
Level 1: phone and email verification. $1,000 per trade and lifetime limit
Level 2: ID. $10,000 per trade and lifetime limit
Level 3: the address. $50,000 per trade. Unlimited lifetime limit
Level 4: Enhanced due diligence. $50,000 + per trade. Unlimited lifetime.
Paxful provides a mobile app that is available to download for IOS and Android devices. They can send, receive and store crypto coins in your mobile wallet, anytime and anywhere.
Features of the mobile app:
Secure sign-in and Easy access to the cryptocurrency marketplace
Recent Transaction status
Live price of the exchange rates
Pros and cons of paxful exchange
- Referral codes
- No commission fees
- Secure escrow trading
- Positive wallet reviews
- Mobile app with full account features
- Supports more than 100 payment methods
- Unregulated exchange
- Limited customer support options
- Services restricted in some countries
Ways of developing an exchange website like paxful:
Develop from scratch:
Developing an exchange website from the ground is a complex and hard process. If you want to do it on your own you have to follow some steps. First of all, you have to think of gathering a team of experts and then pick a strategy for developing your exchange and then designing the UI and the UX this method needs plenty of time and effort but it will cost less money.
Another way for developing an exchange website from scratch is the crypto exchange service providers. Business owners should find a trustworthy company to develop a robust and secure crypto exchange platform. Before choosing the cryptocurrency exchange software development company you should calculate your budget because this method will cost more money and also it needs time but in comparison to the previous method, it doesn’t need all the efforts because the service provider company is responsible for controlling the process.
White label clone script:
The white-label solution is a ready-made and pre-developed software that is ready to be launched to the market. White label clone script can be regarded as the best way to develop and launch your own exchange website in a week or less depending on your customization. To customize the white label platform you don’t need to have any technical knowledge.
What is Paxful white label clone script?
White label paxful clone script is a pre-coded clone of paxful exchange that has all the paxful core features and UI while allowing for customization. It means the business owner can customize it by adding or deleting features and arranging them according to their needs and requirements.
Advantage of Paxful clone scripts
By entering the market faster you can attract many customers because of the design and the perfect user experience. Your brand becomes famous faster.
90% ability of customization:
The back end is already developed the front end is developed to but there is a possibility to change and redesign the front end. The high possibility of customization gives the owner the ability to design, add and delete the features they need or they don’t want based on the business needs.
Cost and time effective:
As we mentioned before, the white label clone script is ready-made software that is already developed by professionals.it will have a huge effect on the price and the time you are asking how
Here I’m going to explain it for you:
Gathering a team of experts the developer, blockchain programmer, the UI/UX designer, and other members is a time-consuming job. By choosing the white label clone script you will easily skip this step. And because it doesn’t need all this effort and the team so the price for developing an exchange website by using a white label clone script will be less.
Also before launching the platform to the market you have to make sure it doesn’t have any bugs and it works correctly in every section. Because any bug or security error will have a negative effect on the clients.
The good news is that the paxful white label clone script has even solved this issue too,
The white label clone software provider company must test the software in detail and every side of it to work properly before delivering it to the customer. The possibility of facing unpredictable Bugs in the websites that are developed by white label clone scripts will be lower.
High return on investment
Imagine having a crypto exchange that is comparable to a world-class crypto exchange. So then what comes to your mind it would be excellent for users and because it has all the features of a top-tier exchange. It will attract users to the platform. The more users join the platform, the more benefit you gain. As we mentioned before and you know paxful is one of the world-class exchanges that is working globally with thousands of clients.