Top White Label Decentralized Exchange Software Providers — A must have list in 2024!
Remember how, Vitalik Buterin the co-founder of Ethereum said: “While most technologies automate workers to do menial tasks, blockchains eliminate the need for central intermediaries”. In Simple terms, it is like Blockchain Technology eliminates Uber instead of taxi drivers, allowing taxi drivers to connect directly with customers. Moreover, in this rapidly evolving Crypto world, DEXs are rapidly changing and revolutionizing how we trade, increasing DEX platforms.
Think about having a crypto trading platform with no middlemen, transactions are completely transparent. This is possible with Decentralized Exchange Development. Creating a Decentralized Exchange is a kind of complex process, which is made easier by White Label solutions. Precisely, White Label Decentralized Exchange solutions allow you to launch your own DEX Platform, without the hefty price tag of building from scratch.
However, you may have noticed the growing competition among software providers. This might have left you wondering about which one to choose for your White Label Decentralized exchange, right? Keep scrolling, and you’ll find a list of industry-leading White Label Decentralized Exchange Software Providers.
How about we start with a little reminder on why you should pick White Label Decentralized Exchange Software over other methods.
White Label DEX vs Custom solutions
This comparison highlights the advantages of opting for a White Label solution. Comparing both methods on a scale might be a bit odd since both have their own standard of the league. The core benefit you can enjoy from a White Label Decentralized Exchange is the flexibility it offers. These solutions lead to a quick and cost-effective way to launch and get your DEX platform running. As this is a pre-built solution, you just need to tailor the software to fit your business needs.
On the other hand, the Custom solution means starting everything from scratch. From tech stacks, and feature integration to deciding on frameworks everything needs to be carefully decided and finalized. This phase-by-phase tiring process, requires significant time, resources, and technical expertise. In a nutshell, custom solutions might be a headache and hassle compared to White Label solutions. These White Label software's allow you to focus on other aspects of your business, such as marketing activities and campaigns for business growth. Opting for a White Label Decentralized Exchange can never go wrong, as they are a tried-and-tested framework, that reduces the risks associated with development and deployment.
Moreover, Private-Label solutions are designed to be customizable and scalable. As your Decentralized exchange grows, you can easily integrate or remove new features to enhance the user experience. This adaptability makes White Label solutions an attractive choice for both startups and established businesses looking to enter the DEX market quickly and efficiently.
In addition to this, describing White Label decentralized exchange as a pre-built packaged software might have provoked your curiosity about what features it would carry right?
Key Features of White Label Decentralized Exchanges
Numerous features make this White Label Decentralized Exchange software unique and the best. But let me list down some of the undeniable features that tag along with;
- Intuitive Interface — A White Label Decentralized Exchange boasts an intuitive interface that allows the users to navigate the platform easily.
- Admin /User Dashboard — A detailed admin/user dashboard to monitor transactions, manage users, access transaction history, and view portfolio settings.
- MFA — Multi-factor authentication (MFA) adds an extra layer of protection by requiring two or more verification methods to gain access to the platform.
- Security Protocols — Understanding the security’s significance the White Label software comes with necessary protocols for safeguarding purposes.
- Payment Gateway Integration — Seamlessly, integrate Payment Gateway to seamlessly cater global audience and transfer funds in and out of your DEX platform.
- Guarded Multi-Currency Wallet — A secure wallet that supports multiple cryptocurrencies to efficiently store and transfer the Cryptocurrencies.
- Staking — The staking feature allows users to store the crypto and earn rewards for doing so which helps in increasing the liquidity in the platform.
- Liquidity — Integrated liquidity pools in the platform attract user interest to enhance the trading experience of the users smoothly with reduced slippages.
- Regulated AMMs — The Automated Market Maker allows users to trade directly and ensures that each trade is carried out securely and quickly.
- Smart Contract Integration — Integration of necessary Smart Contracts to ensure the automation of transactions minimizing risks of hacks or spam.
- P2P trading — Enables Peer to Peer-to-peer trading system to enhance a secure connection between the traders eliminating third-party intervention.
- Real-Time Analytics — This tool provides crucial information on performance, transaction volume, and market trends which assists in the decision-making process.
- Transaction History — A comprehensive transaction history feature to keep track of and view all of the trade, deposits, withdrawals, and detailed info about transactions.
Now as we speak about the features, let’s also get an overview of the advantages of White Label Decentralized Exchanges that make them unique.
Advantages of White Label Decentralized Exchange
- Launching a White Label Decentralized exchange is a time-saving process as there is no need to go through the long process and can get your platform running in no time.
- You are not wasting your time and energy solely on the development phase as it is a customizable solution. This gets you focussing on other parts of the business like carrying out promotional activities.
- As much as the dedicated user base of the DEX platform increases, more of the traffic will be on the platform. Thus, White Label solutions are built with the capability of addressing scalability issues.
- As mentioned earlier, White Label Decentralized exchange provides complete customization benefits allowing users to tailor the platform to match their business requirements.
- In most cases, the White Label software comes with packaged services i.e. from niche branding to complete deployment. This makes you pay for once and as a single package eliminating the need to pay for each stage.
Familiarizing yourself with the features and advantages of White Label decentralized Exchange could spark your curiosity about what kind of decentralized exchanges, can be White Labeled Right?
In the upcoming session, get a little overview of the top 5 successful decentralized exchange platforms that can be customized to your fit and understand how they were able to perform faultlessly.
5 Best White Label Decentralized Exchange Platforms
Here are some prominent Decentralized Exchange platforms that you can explore before embarking on White Label Decentralized Exchange Development.
UniSwap
With nearly $812.3m trading volume per 24 hours, UniSwap is a leading Decentralized Exchange that runs on the Ethereum blockchain. Operating on an Automated Market Maker (AMM) model, this allows users to trade ERC-20 tokens directly. Uniswap eliminates the intervention of middlemen facilitating direct trading between the users. The platform with its feature of liquidity pools, swaps, and other unique features facilitates easy trades and earns fees in return. White Label Solution of Uniswap is highly preferred among entrepreneurs and is very effective as well.
dYdX
Launched in 2021, dYdX gained quick popularity for its user-friendly interface and security mechanisms, and being operated on the Ethereum blockchain also increase their trustability. dYdX has a daily average trading volume of $850m. This platform is capable of supporting various cryptocurrencies and features like lending/borrowing services, liquidity pools, etc. The platform offers services with zero gas fees, and lower trading fees making it a popular and get-to-go option for users.
Curve Finance
Curve a decentralized platform designed specifically for dealing with stablecoins, is known for its lower fee structures. They offer a variety of stablecoin trading options, including popular ones like USDT, USDC DAI, etc. This platform can attract users who are seeking low-cost efficient swaps between stable assets. The Curve mechanism allows the maintenance of a stable price curve, which helps in minimizing the market price impact on large trades.
PancakeSwap
PancakeSwap is a popularexchange operating on the Binance Smart Chain(BSC)network. This platform is known for its lower transaction fee. Just like UniSwap, this uses the Automated Market Maker mechanism allowing users to earn rewards for providing liquidity. Other than this, PancakeSwap is known for its user-friendly interface, high-speed transactions, and security protocols. With PancakeSwap the users can stake their tokens and earn rewards in the form of “CAKE”( Native tokens). White Label Solution of Pancakeswap is considered the best software in the market to build your DEX.
1inch
With 24-hour trading volume exceeding $32m, 1inch is a highly popular decentralized exchange aggregator. This enables users to access the various prices, automatically routes them to the platform, and allows them to compare and enjoy trading at better prices. Additionally, 1inch does not charge trading, deposit, and withdrawal fees, which lures a growing number of users.
Now, as discussed earlier let’s ease your confusion about whom to choose as your software provider.
The Top 5 White Label Decentralized Exchange Software Providers
Coinsclone
Coinsclone is renowned for its exceptional services and top-tier software, and consistently ranking first among the list of best White Label Decentralized Exchange Software Providers. The expert developers offer a wide range of feature incorporation, from API Integration and Pool settings to multi-lingual assistance. With nearly a decade of experience, this renowned DEX development company excels in providing comprehensive and top notch services.In addition to the White Label Decentralized Exchanges, they have been offering clone scripts of various successful crypto-based platforms. Coinsclone also offers a free demo and consultation session to its clients.
Blockchain App Factory
Blockchain App Factory is another leading crypto-based development company that has been in the market run for quite a long period. They are offering services to various other sectors addressing the unique needs of the clients. Working as a team of 50+ blockchain developers, they offer complete services from project ideation and development to marketing activities that help to attract users. Their White Label decentralized exchange platform is a secure platform that is built to meet the needs of both entry-level users and professionals.
Alphapoint
Serving in nearly 35 countries, Alphapoint offers secure, scalable, and highly customizable White Label crypto exchange solutions. Being founded in 2013, and with nearly a decade of experience, this company offers high-tech solutions with advanced features and functionalities. Additionally, they provide secure wallet development, NFT marketplace solutions, and other software to stay ahead in the market. Their strong portfolio also stands testament to the quality of the services they offer.
Appinventiv
Headquartered in India, Appinventiv is reliable and can be counted on when looking for the best White Label Decentralized exchange Software providers. Everything comes with their White Label solutions, from integrating advanced trading tools to secure wallet integration. The developers of Appinventiv are well-versed and proficient in various programming languages and frameworks. Appinventiv is known for its Mobile app development, ERP software development, and offering Cloud consulting.
Suffescom Solutions
Suffescom Solutions is a trusted and standard name when the discussion comes down to the best White Label crypto exchange software providers. Prioritizing client satisfaction with almost 200 employees, they have been offering secure and highly customizable solutions. Their platform is designed to be user-friendly with intuitive designs and industry-leading feature functionalities to satisfy customer requirements. The capabilities of the expert developer team in Suffescom Solutions ease and make it possible to handle every complex query of the clients.
The above-mentioned companies, each with their experience, and excellence have been able to stand at the forefront in this competitive list of top White Label exchange software providers.
Upshots
To conclude, recent statistics revealed that the DeFi Market reached a staggering $200 billion in Total Value locked by the end of 2023. This upward trend approach shows no signs of slowing down. So, your plan of developing a Decentralized exchange, is definitely not a mistake. But mostly there are two important things to be mindful of. First is what kind of feature and structure you choose to give your platform as this determines the success of the exchange. Second and most importantly, is about which Decentralized Exchange development company you choose. If you get to partner with a potential exchange software provider, then there is no need to worry about other factors, making the process smoother. Furthermore, I hope this blog might be able to give you a full understanding of the industry trends and the complexities surrounding the White Label Decentralized Exchange.
