Rising global crypto adoption has increased their prominence as an opportunity to leverage new-age business opportunities. The current global market capitalization, even in the midst of a global recession, exceeds $900 billion. With 21000 crypto tokens in active circulation and approximately 520 crypto exchanges, the moment is ripe for institutional investors and financial enterprises to gain entry and start offering crypto trading services to their enlisted members. Crypto exchanges are one option, but they are expensive to set up and need to adhere to compliance regulations. Additional issues such as liquidity, security, and protection of consumer assets also need to be resolved. The white-label crypto broker platform presents a unique solution to bypass all these hassles and start earning revenues both through commissions and affiliate marketing.
Get Your Own Branded Crypto Broker Platform
Crypto Broker Platform: What Does it Mean?
Crypto broker platforms enable registered participants to present digital asset trading options across multiple crypto exchanges across the world. There are variations in the number of available features and services across different platforms. The platforms offer these services for monthly subscription charges presenting an economical and cost-effective way for institutional investors and financial services to venture and add crypto trading to their list of services.
Using a crypto broker platform allows participants to skip the initial processes of R&D and setup- allowing better capital and resource allocation in other aspects of the crypto trading business. Organizations can prioritize business development, promotion, and marketing purposes.
Advantages of Crypto Broker Platforms
Crypto broker platforms also offer the following additional benefits:
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Adherence to Legal Compliances
Crypto broker platforms are built in strict compliance with global crypto regulations. The extensive market exposure of exchange platform developers enables them to build state-of-the-art solutions that function flawlessly and with unmatched performance.
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Round-the-Clock Maintenance and Support
White-label crypto platform providers offer 24×7 maintenance and support in multiple languages, with dedicated teams for problem-specific assistance.
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Hassle-Free KYC/AML
Global regulations have pushed forward a need for KYC and AML across all types of financial services. Compliance is made mandatory for digital assets like crypto. White-label crypto broker platforms utilize blockchain technology, keeping records of all transactions on a distributed database with permissioned access.
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Liquidity Benefits
Liquidity has been a driving factor behind the fallout of countless crypto projects. White-label crypto broker platforms offer participants the liquidity features of not only their parent exchange but also other matching crypto exchanges.
Crypto Broker Platform: Components and Their Function
Crypto broker platforms act as an interface between crypto traders facilitating the process and earning commissions in between. The components that make this possible include:
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User Interface/Experience
Arguably the most important part of any trading platform, the user interface should appeal to and captivate users. There should be multiple trading view options, candlestick charts, and features that highlight the key performance indicators. It should be kept in mind that visual aesthetics are equally crucial in comparison to functionality. The user experience should be smooth, hassle-free, and unparalleled.
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Matching Engine
The matching engine connects buyers and sellers, enabling transactions. A globally recognized crypto broker platform must feature a high-performance matching engine.
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Crypto Wallet
Crypto wallets keep the digital assets of an individual in holding or storage for later use. As such, they should feature high-security encryption. Based on their use, the most common wallets available in a white-label crypto broker platform include multi-signature hot and cold wallets, facilitating both online and offline storage.
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High-Tech Security Features
Crypto trading platforms are increasingly being subjected to cyber-attacks and hacking attempts. It is thus imperative to provide cutting-edge security features such as Firewall, Firebase, DDoS Mitigation, data encryption, 3-point architecture, and more.
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Liquidity, Support for Multiple Fiat and Crypto
As explained earlier, liquidity remains the primary issue that needs to be resolved in crypto trading. Crypto trading platforms should also feature the leading digital tokens in their asset listing, and support as many fiat currencies as possible.
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Technical Features
The crypto broker platform comprises advanced technical features such as ERC20 compatibility, SegWit, BIPs, and more. In addition, they also include effective wallet/portfolio management solutions. The platforms should be accessible across all major device platforms, including iOS, Android, Windows, and more.
Introducing PayBito: The World’s First White Label Crypto Broker Platform
US-based global cryptocurrency exchange PayBito made headlines by introducing the world’s first white-label crypto broker platform dedicated exclusively to the growing crypto markets. Registered participants enjoy all the aforementioned features, along with access to more than 400 crypto markets and trading features comprising 20 fiat currencies. Entrants currently registering to get a one-month free trial.
Institutional investors and enterprises can leverage opportunities from the rising crypto market growth using PayBito’s white-label crypto broker platform. The exchange is recognized for fusing unmatched UX, performance, and service. Click here to know more.
Conclusion
The growing popularity of Bitcoin, cryptocurrencies and Web 3.0 applications has brought digital assets to the mainstream, making it a great opportunity for institutions, enterprises, and entrepreneurs to capitalize in this segment. The PayBito white-label crypto broker platform is a perfect opportunity for businesses seeking to diversify and make a foray into crypto trading services.
