Today we will tell you more about what Stoxum Whitelabel is, what features it will have and how to launch it
Whitelabel is a ready-to-use product that directly from the box has all the necessary functionality to get started. This is one of the main directions of our development — to allow companies and entrepreneurs to launch their own exchange in just a few clicks. This saves new market participants from hiring a large staff of developers and the need to have in-depth technical knowledge.
The Whitelabel product can be run on its own domain and visually customized for its own needs — not a technical specialist can easily “brand” the project. And thanks to the open source code, the development department can completely change the interface.
In the initial version of the product will be available 5 trading currencies: BTC, ETH, BCH, LTC and XRP. During the creation of Whitelabel it will be possible to connect and disconnect trading pairs, which you consider unimportant. Open source masternode will not only allow you to add new cryptocurrencies, but also add fiat by your developers.
Fiat brings us to the question of legalizing the service. Each platform will have built-in AML / KYC functionality, which is required to collect data about your users, which is a prerequisite for obtaining a license to conduct trading operations. Functionality is optional and can be disabled.
The platform will be earned on traders who register on the site. With each operation, the owner of Whitelabel will earn from 60 to 80%. The rest will go into a single pool of dividends from the Stoxum ecosystem. The main sources of earnings are the operations of withdrawal of the cryptocurrency, as well as trade operations of exchange. The platform can independently change fee values within the standard Whitelabel functionality.
To run your Stoxum Whitelabel you will need to have a security stock of tokens on one of the wallets. This is necessary to ensure that projects are created only by participants who are confident in their abilities, since substandard projects can indirectly affect the credibility of the entire ecosystem.
To announce the exact amount for launching Whitelabel will be possible only after the end of the ICO, because at the moment we do not known the exact number of tokens that will remain in the system — all unsold during the ICO tokens will be destroyed.
