Develop Your Own Cryptocurrency Exchange with Local Bitcoin Clone

Jaydanangela
Mar 26 · 2 min read
LocalBitcoin Clone

Are you planning to develop your own cryptocurrency exchange? Just hold on. Before you start with the development of the exchange platform, it is advisable to know your needs, strength, weakness, area of expertise, and what type of cryptocurrency exchange you need. How much can you spend on the development process?

When you are sure of these checklists, decide if you want to build multi-currency exchange or only bitcoin exchange. It totally depends on the audience you wish to focus on and the business you want to set up.

The most important reason for the rise in the cryptocurrency user base is decentralization; there is no intermediate to oversee your transaction, along with escrow protection. So, most likely, users will prefer exchanges like Local Bitcoins (P2P exchange).

Rather than building the cryptocurrency exchange from scratch, It is recommended to try Local Bitcoin clone scripts to build a white-label exchange for your business. To develop such a personalized exchange platform loaded with all needed features and functionalities, connect with the expert development company Appdupe.

Cutting-edge features of Local Bitcoin clone solution:

  • Two-factor Authentification
  • Escrow Wallet
  • Multiple Coin Support
  • AML/KYC
  • Current Live Pricing
  • Ease of Coin Advertisement
  • Social media login
  • Search and filter option
  • Escrow support
  • Multiple payment gateways

Benefits of P2P exchange:

  • Peer-to-peer exchange is safe and secure.
  • It is easy to maintain anonymity.
  • Provides escrow protection for safe trading between buyers and sellers.

If you are interested, visit the Appdupe website to read more about Local Bitcoin clone development.

Jaydanangela

Written by

Hey this is Jaydan Angela! A technology lover and a technical writer. I’m really crazy about typography and reading.

More From Medium

Also tagged Bitcoin

Top on Medium

Mar 25 · 22 min read

27K

Top on Medium

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade