Top 10 Benefits of White Label Crypto Exchanges for Businesses

Are you a crypto entrepreneur looking to launch a robust crypto exchange platform? 

Step right this way. 

Following the ongoing crypto boom, owning a crypto exchange platform is a highly profitable means of gaining huge revenues. However, setting up such a platform can be quite expensive as well. 

You have two primary options: utilize a white label crypto exchange or build the entire infrastructure from scratch. Each approach has advantages and disadvantages, and we’re here to help you navigate this decision by exploring the ins and outs of white label crypto exchanges. 

In this article, you’ll learn about what they are, their features, and the top reasons why you should build your trading empire with a white label crypto exchange. 

Ready? 

Let’s go!

What is a White Label Crypto Exchange? 

A white label crypto exchange is a pre-built, ready-to-use crypto exchange infrastructure entpossessing all the relevant functionalities of a standard crypto exchange platform. It is provided by a cryptocurrency exchange development company like Debut Infotech, and any business interested in launching an exchange platform can take advantage of it. 

With all the functionalities already in place, the business only needs to customize and brand the software infrastructure under its brand name and elements. Businesses can also tweak their core functionalities slightly to fit their major needs. As a result, a white label crypto exchange provides a shorter and more cost-effective route for any business to venture into the crypto exchange industry. 

Related Article: Crypto Wallet vs Exchange: Navigating the Digital Landscape

Features of a White Label Crypto Exchange Software

White label crypto exchange software possesses the following distinctive attributes: 

1. Robust Trading Engine

A white label crypto exchange software always possesses a sophisticated trading engine for processing and executing all market operations, such as buy and sell orders. The trading engine is a critical component of any crypto exchange platform and can be referred to as the backbone of the entire platform. It controls all of the platform’s major operations. 

2. Advanced Payment Gateway Integration

Most white label crypto exchanges make it convenient for businesses to accept cryptocurrency transactions by supporting multiple payment gateways. As such, businesses that take advantage of these platforms can deliver a fully customized payment experience to their users. 

In addition to being branded and supporting multiple currencies, these payment gateways are also equipped with adequate security features to protect user funds and personal information. 

3. Multi-lingual Support

White label crypto exchanges can cater to a global audience, scaling language barriers because the software supports multiple languages. This feature helps the business owner attract a wider audience while also delivering an excellent user experience. Consequently, the business gains a competitive edge over others in the field.  

4. Crypto & Fiat Currency Support

Coupled with multilingual support, white label crypto exchanges also have the infrastructure that allows users to use both crypto and fiat currencies. They can convert from crypto to fiat and vice versa. Likewise, they can also buy, sell, and trade cryptocurrencies using common payment methods like credit cards, bank transfers, and online banking. 

5. KYC/AML Automation Features

Businesses can easily onboard new crypto traders or exchange platform users while also complying with the regulatory standards of appropriate agencies. This is because white label crypto exchanges are equipped with relevant Know Your Customer (KYC) and Anti-Money Laundering (AML) features. Businesses using these white label services can leverage this integration for fraud and money laundering detection by combining it with identity verification services. 

6. Staking

Crypto staking is a popular way in which users earn rewards by locking their crypto holdings so that they help validate transactions on that blockchain. In exchange, the network participant earns crypto rewards. 

This functionality is part of the pre-built white label exchange solution. Consequently, it helps users earn passive income and contributes significantly to the network’s security and functionality. 

7. Liquidity Integrations 

By establishing strong prior partnerships with reputable aggregation services and liquidity providers, white label crypto exchanges make it relatively easy to convert cash to crypto and vice versa without affecting the price. Additionally, these white label services come equipped with liquidity API integrations that provide access to deeper liquidity pools, faster order executions, and tighter bid-ask spreads. 

8. Customizable User Interface (UI) and User Experience (UX)

Apart from the core infrastructures that are already built out, white label crypto exchanges give exchange owners or operators the opportunity to customize the entire UI and UX as they see fit. Everything from the color palette to logos can be adjusted according to the owner’s brand elements and overall requirements.  

Related Read: Cost of Centralized Exchange Development

Top 10 Reasons to Build a Trading Empire Using a White Label Crypto Exchange 

White label crypto exchanges have certain business benefits due to the fact that the features described above are already built in. The following are some of those benefits: 

1. Accelerated Market Entry

This is perhaps the most obvious reason to build your trading empire using a white label crypto exchange. All the essential infrastructures and features you need to get a fully functional crypto exchange platform up and running are already set. More importantly, they have been tested repeatedly on different occasions. 

Therefore, you can launch almost immediately after implementing a few customizations and branding operations here and there. Compared to building from scratch, which could take months or even years, you could launch one of the top decentralized crypto exchanges in a matter of weeks. 

Now, considering the importance of timing in business, this can be a huge boost to you. While your competitors have their heads buried deep in rigorous development intricacies, you would already be focused on attracting users and generating revenue. That sounds like a huge headstart ahead of others. 

2. Extensive Management Framework

In addition to a host of features, white label crypto exchanges also come with a suite of administrative tools and processes that make the exchange’s day-to-day operation smooth and effortless. This robust back-office management system monitors transaction records, manages user accounts, maintains compliance with regulatory bodies, and generates detailed reports. 

In a nutshell, it assumes overall operational oversight of all exchange activities. The good thing about all this is that your business will be getting a well-oiled machine that’s ready to go whenever you say so. More importantly, everything works without your direct involvement at all stages. Consequently, you get to deliver excellent service to your users because you’re already maintaining high operational standards. 

3. Increased Trading Efficiency

One direct benefit of the high operational standards we described above is the ease with which users can buy and sell cryptocurrencies quickly. As part of the robust back-office management systems, white label crypto exchanges often connect with leading liquidity providers, thus injecting significant market fluidity into the platform. 

With so much cash flying around, the platform will be more capable of handling large trades with little or no difference between the expected price of a trade and the price at which it is executed. 

And users love that. They love the fact that the platform can be trusted to handle all kinds of transactions. So they’ll trade more on your platform. And you know what that means? More revenue for your business!

4. Significant Cost Effectiveness

White label crypto exchanges do you one better by saving you money. All the comprehensive infrastructures we’ve been referencing since cost time and money to develop, especially to that level of sophistication. But, these white label solutions just hand it to you on a platter. Obviously, you have to pay for the software. However, comparing that to the cost of developing from scratch shows you’re getting a huge steal. 

Instead of spending all that money on development, you can allocate it to other critical areas of your business, such as marketing, advertisements, user acquisition, and any other aspects that could help you maximize your ROI. 

5. Flexible Branding and Customization

Would you like your exchange to stand out amongst others? 

White label crypto exchanges can help you do that. From feature sets to stand-out brand elements, you get to select the ones you deem best for your audience. It feels almost like drag-and-drop because these flexible branding and customization capabilities help you tailor the platform according to your (user’s) preferences. 

The major reason you’re able to do this is that you have access to the crypto exchange’s complete source code. That way, implementing changes that were otherwise difficult becomes a mere walk in the pack. Whether you want to improve the user experience or customize the feature sets to suit your business plans, white label crypto exchanges make it possible. 

6. Ongoing Assistance and Upgrades

As with any other technological platform, your crypto exchange needs regular maintenance, updates, and support to stay reliable. If you built your platform from scratch, you would normally have to keep an in-house technical team on standby to do all these at intervals. 

However, these all come as a part of the white label package. Most solution providers like Debut Infotech often have their support team on standby 24/7 to assist you with any technical issues that may crop up. The platform will also be getting regular updates just like your mobile device does so that your platform has all the latest features to maintain competitiveness. 

Basically, you don’t have to worry about bug fixes, new feature rollouts, and technical maintenance. You can divert those resources to something else

7. Scalability and Flexibility for Growth

As your platform attracts new users (and it will), your system will start to handle more trading volume, which means more stress. To avoid system breakdown, the trading platform must have been structured to scale seamlessly from the outset. 

White label crypto exchanges consider this. 

The source code you gained access to earlier is structured in a way that makes it easy to add new features, process more trades, and even add new cryptocurrencies. Most importantly, it is structured to take on these additional responsibilities without compromising performance. This way, the system sets you up for long-term success. 

8. Proven and Reliable Infrastructure

Even if you don’t understand all the other technical benefits discussed thus far, it is important to know that multiple businesses like yours have used white label crypto exchanges. They have been tested and proven to be efficient and reliable. 

The same can’t be said about custom-built solutions because you’ll be the first person using them. With white label solutions, you have less to worry about, and your users are in for a pretty standard experience that you can guarantee. 

9. Robust Security Features

Although security features are a fundamental component of the entire infrastructure, they’re still worth a special mention due to their relevance to the entire platform’s survival. 

Rigorous security tests are one of the major screenings these solutions undergo when other businesses use them and when they’re launched. 

These white label solutions possess important security features, including DDoS protection, multi-signature wallets, two-factor authentication (2FA), and many more. These standard security features confer a significant level of trust on your target customers and current users. 

10. Turnkey Compliance Framework

Compliance regulations are one of the most complicated discourses in the crypto landscape. Regulatory statutes sometimes contradict each other, and many new users cannot even figure out which regulations to follow. Should you opt for a custom-built solution, that is likely you. 

However, a white label crypto exchange takes those worries off your mind. These solutions often possess compliance features that match global standards and local requirements. Consequently, regulatory oversights suddenly become easier, while user trust goes through the roof. 

Related Read: How to Pick the Best Crypto Exchange Development Services

Similarities and Differences Between a White Label Crypto Exchange and a Custom-Built Crypto Exchange

At the end of the day, both white label and custom-built crypto exchanges aim to develop a fully functional crypto exchange platform. However, how do they compare in terms of development approach and final results? 

Let’s judge in terms of the following criteria: 

1. Cost

Considering that custom-built platforms develop the infrastructure from scratch, the entire process, from team hiring to actual development, attracts significant costs. On the other hand, white label crypto exchanges are significantly cheaper to acquire. 

Nonetheless, they may attract potential add-on costs after the initial investment. Custom-built solutions may also attract little additional costs in terms of staffing expenses. 

2. Go-to-market (GTM) Time

White label crypto exchanges reach the market quicker than custom-built solutions because the entire infrastructure is already on ground. Businesses only need to customize according to their brands and tweak features in alignment with their business strategy.  

3. Ongoing Maintenance and Support

The platform provider is often responsible for maintaining the smooth operation of a white label crypto exchange. On the other hand, the business must have an in-house technical team that’ll handle the bugs and updates required for the proper functioning of a custom-built solution. 

4. Security

Like maintenance and support, the platform provider equips a white label crypto exchange with basic security features. The business can enhance these features due to its ability to modify the source code. Conversely, the business is wholly responsible for implementing its own security features. 

5. Scalability

Custom-built crypto exchanges have received different complaints of dipping in performance when the platform supports more users or increases in daily trading volume. However, most white label crypto exchanges are specifically designed with scalability in mind. They’re able to scale seamlessly with the platform as the daily trading volume increases at intervals. 

6. Risk 

Since white label crypto exchanges have been used and rigorously tested for reliability by different brands, they pose significantly lesser risks of failure and operational setbacks compared to custom-built solutions. Custom-built solutions, on the other hand, have higher risks of technical and security breaches as they are yet to be tested. 

7. Technical Expertise Requirements 

Custom-built crypto exchanges require more technical expertise and knowledge compared to white label counterparts because they involve developing all aspects of the exchange platform from scratch. 

Conclusion

White label crypto exchange platforms simplify the process of launching your exchange, enabling deployment in just a few weeks. These platforms come equipped with features similar to standard exchange platforms, eliminating the need for heavy initial investment.

Still need more reasons to start your trading empire with white label crypto exchanges? Consider the seamless customization options, robust security infrastructure, and significantly reduced go-to-market time. With these advantages, building your cryptocurrency exchange has never been easier or more efficient.

At Debut Infotech, a leader in cryptocurrency exchange app development, we provide tailored white label solutions that combine scalability, security, and speed. Make your mark in the crypto exchange market today with our ready-to-launch platforms designed to meet your business needs.

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