Poloniex is a popular crypto exchange that is used by numerous crypto traders to exchange cryptocurrencies with fiat currencies and vice-versa. The underlying blockchain technology has paved a way for these crypto trading platforms to provide secure and robust crypto transactions. Being termed as a popular crypto exchange platform, not only the crypto traders like this platform, but also the crypto startups are willing to start a crypto exchange like poloniex. We are about to know pretty much everything about starting a crypto exchange like poloniex.
Starting a crypto exchange is a booming crypto business among the budding entrepreneurs in the blockchain space. Blockchain technology has never failed us to innovate with new business applications. One of the most welcomed businesses is starting a crypto exchange. As poloniex is one of the most popular crypto exchanges, many startups would want to start a crypto exchange like poloniex. A feasible way to launch a crypto exchange like poloniex is to use a poloniex clone script. In this article we will be going through the parameters we should know before adopting this method. Let’s hit the road! Buckle up!
Table of Contents:
1.Poloniex Crypto Exchange Platform – Overview
2.Business benefits of launching a crypto exchange like Poloniex
3.What is a Poloniex Clone Script?
4.Features of Poloniex Clone Script
5.Benefits of using a Poloniex Clone Script
6.How much does it cost to start a crypto exchange like Poloniex?
7.Where to get the Poloniex Clone Script?
Poloniex Crypto Exchange Platform – Overview
In general, a cryptocurrency exchange platform refers to a software that exchanges one cryptocurrency for another. Some of the crypto exchange platforms let the crypto traders buy cryptocurrencies for fiat currencies. Poloniex is one of the popular cryptocurrency exchange platforms originating from the United states. It has been providing crypto trading services since 2015. With a superfine user Interface, they were able to retain reasonable crypto traders to participate in crypto trading over these years.
Also poloniex offers an offline storage wallet to store cryptocurrencies in a secure manner. It also provides 24/7 trading services. This endless trading features invites a huge number to participate in crypto trading. This way the traders never have to worry about the time and market risks. Poloniex offers over 200 spot trading pairs and 25+ margin trading pairs. This includes the most popular cryptocurrency pairs. It will eventually invite the respective crypto traders effortlessly. With the blockchain as underlying technology, poloniex crypto exchange ensures the crypto transactions happen more efficiently. To manage the disputes, the poloniex exchange has excellent customer support.
These are all the plethora of surprise elements that have been supporting the crypto exchange platform all these years. If you wanna launch a crypto exchange platform, you ought to go with this type of crypto exchange platform. Let’s know more about the benefits of starting a crypto exchange platform.
Business benefits of launching a crypto exchange platform like Poloniex:
There are lots of business opportunities in the blockchain space. But why particularly crypto exchange? You may ask. Using a clone script you can launch a crypto exchange in a short span. It will require only a few resources and only ten days for deployment. Yes, technology today has paved a way for making everything feasible. All you need to do is to pick out the best crypto exchange clone script provider. After that you can get your respective crypto exchange script.
With the platform developed, you can Start working in marketing it. After the platform has created a trader base, you can work on revenue generation. Yes, for every trade the crypto exchange owner will get a fee to process the transaction. Along with that you can generate revenue in many forms. With a stable platform your crypto exchange can be your income generating resource for a long time. So, how to get started?
As mentioned earlier, you can start a crypto exchange like poloniex using a poloniex clone script.
Poloniex Clone Script – Things you need to know:
Poloniex clone script is a pre-developed website integrated with all the basic functionalities of the poloniex exchange itself. The entrepreneurs who wish to launch a crypto exchange like poloniex can use this clone script and they can launch a crypto exchange platform in just 10 days. It is highly customizable. So, you can request any changes in the functionalities or the interface with the development team.
As the poloniex clone script is capable of accommodating changes to it even after the deployment. Reaching out to the best crypto exchange development company can help you with best outcomes. The clone script is backed with blockchain technology, it means it can handle robust operations without any hassle. It ensures trading happens in a secure manner.
Features of Poloniex Clone Script:
1.Initial Exchange Offering Launchpad – like the binance launchpad, you can integrate an IEO launchpad to provide fundraising services for fundraisers.
2.Admin Console – To oversee the performance of the platform and to handle the disputes of the platform, a customized admin Interface will be there.
3.Trader Console – For traders, there will be an immersive interface to assist them with all the basic trading options. They can also keep an eye on the cryptocurrencies stored in their wallets.
4.Mobile Trading App – For mobile users, there will be a mobile application to oversee, trade and access the wallets through their mobile.
5.Crypto Payment Gateway Integration – To provide crypto payment services, the exchange platform can be integrated with crypto payment gateway.
6.Crypto Wallet Integration – There will be a highly secured cryptocurrency wallet with the platform for the crypto traders to store various cryptocurrencies.
7.Liquidity API – To enhance the trading volume of the crypto exchange, liquidity API can be integrated with the platform. This way the traders’ flow will be increased accordingly.
8.Atomic Swaps – Similar to Dex platforms, it can accommodate swaps between the available crypto pairs. This will bring Dex users to participate in the crypto trading.
9.Security Token Exchange – Similar to IEO, you can integrate security token exchange to invite many potential Investors to your platform.
10.Trading Bot – To accommodate the complexity of the crypto trading disputes, there will be a blockchain powered trading bot to execute trades quicker.
In addition to these features, you can integrate advanced features to pull many crypto traders to your platform.
Benefits of using a Poloniex Clone Script:
Compared to the traditional crypto exchange development, using a poloniex clone script will ease your efforts to hire and manage the developers team. Developing a crypto exchange platform from the poloniex clone script will not take more than ten days. By engaging with a reliable crypto exchange development company, you can get additional support even after the deployment.
You can also get the blockchain expert’s advice to promote your deployed platform to engage with a more relevant audience. There will be less failure, as the entire exchange platform is pre developed and tested by blockchain developers. This custom software can accommodate additional features without pulling the performance down. These are all just the scratch of the actual capability of the poloniex clone scripts. There are plethora of benefits if you prefer this method of developing a crypto exchange platform.
How much does it cost to start a crypto exchange platform using Poloniex Clone Script?
Using poloniex clone script can reduce your cost to 10 percent of the entire crypto exchange development. Without any additional features you can deploy a complete crypto trading platform similar to poloniex can cost around 5-7k USD. Adding advanced features can vary your estimated cost of development. Based on your project’s complexity also the cost can vary. Reaching out to a reliable firm can help you with exceptional service at affordable costs.
Where can you get the Poloniex Clone Script?
There are numerous technical and business benefits of launching a crypto exchange platform like poloniex using the poloniex clone script. All you need to do is pick out the reliable crypto exchange script provider. While choosing your crypto exchange development service provider check out the following factors for best outcomes.
1.Check the portfolio of the company.
2.Check the demo of the clone script.
3.Check out the features provided with the current market standards.
4.Check out the security features provided by the company while developing your crypto exchange platform.
5.Ensure whether the company can help you with post development support.
6.After the development, the company should guide you with relevant marketing techniques.
7.The developers team should be well versed with the blockchain technology.
8.Based on your requirements the company should work on customizing the pre developed software.
9.Check the ratings of the company on digital mediums like goodfirms, clutch, etc.,
10.Check the reviews of the previous clients of the company.
Wrapping Up:
At last, we have arrived at the conclusion. Starting a crypto exchange will help you reach greater heights in a short span. Provided the platform must meet all the technical and business standards according to the current market trends. Being termed as a leading crypto exchange development company, we can help you with best outcomes with your crypto exchange development.
We, at TheCryptoApe have a team of excellent blockchain developers can help you with end to end crypto exchange development services at affordable costs. To get started, know more about our poloniex clone script and the services provided by us with our blockchain experts. Hope to work with you with a big smile.
