In a world dominated by digital currencies and exchanges, the demand for safe and secure is increasing. When it comes to OTC trading or user-to-admin exchange, Coinbase is a major player. Due to its attractive UI/UX and cutting-edge trading features, this exchange has millions of active crypto traders. Additionally, it has a variety of income streams that will allow it to generate sizable profits over the long term. Because of this, a lot of business people are looking to start to launch their own coinbase clone websites and mobile apps for iOS and Android.
In this blog, we will understand how startups can build a premium coinbase clone script from a top-tier solution provider in the cryptocurrency industry to launch a cryptocurrency exchange similar to Coinbase. Also get to know why entrepreneurs specifically choose to create a crypto exchange platform like coinbase.
Coinbase clone script – A popular ready-made crypto exchange
Coinbase clone script is a white label clone of the popular crypto exchange platform coinbase.
Every trading feature currently available on the Coinbase exchange is also available in the coinbase clone app. You can adjust the specialized features of this coinbase clone script that suits your company’s needs. Therefore, develop a coinbase clone platform that is very competitive among others in the market, because this clone script gives you a number of reasons to start a cryptocurrency exchange business.
Make sure to build a user-friendly interface, real-time trading, advanced analytics, and multi-cryptocurrency wallet integration. With the help of this script, you can quickly and easily set up your own cryptocurrency exchange and offers your users a secure, dependable, and effective platform for buying, selling, and trading digital assets.
Now, let us understand why crypto entrepreneurs choose to create a coinbase clone script for their exchange business.
Why choose to develop a crypto exchange like coinbase?
In the dynamic world of cryptocurrencies, you can create a coinbase clone script that offers many benefits and opportunities. Choosing to engage in such an endeavor may be advantageous for the following reasons:
Growing Market: The cryptocurrency market has grown considerably and doesn’t appear to be slowing down. By creating a crypto exchange software like Coinbase, you can take advantage of this growing market and the rising demand for digital currencies.
Revenue Potential: Cryptocurrency exchanges make money by charging users for services like trading and listing. You can draw in a sizable user base and make a sizable amount of money from sales and other offerings by building a coinbase clone app.
Trust and Security: Millions of users have put their trust in Coinbase because of its significant investment in security measures. You can develop a coinbase clone platform with the help of software developers with high security and gain the trust of the users.
Technical expertise: Choose a coinbase website clone development solutions that include the best app developers to launch a crypto clone platform like coinbase. It requires an understanding of financial, security, and Blockchain protocols.
In conclusion, you can launch a coinbase clone platform with the support of the best clone software development services.
Coming to the important section, get to know about the features to include when you start a white label coinbase clone app development
Top features to include in a coinbase clone app development
Create a coinbase clone script with one the best features, because it will give a very seamless experience for users. Here are some of the important admin and player features added when you build a crypto exchange like coinbase:
Admin features
- Admin dashboard
- User management
- KYC/AML compliance
- Transaction & order management
- Online payment gateways
- Secure crypto wallet
- Escrow services
- Anti-fraud protection
- DDoS mitigation
- Wallet creation
- Robust API
- Advanced insight tools
- Price index system
- SSL encryption
- Security management
- Risk management
- Multi-signature wallet
- ICO launch support
User features
- User profile
- Multi-currency support
- Spot trading
- Margin trading
- Data aggregations
- OTC trading
- Mining protocols
- Smart order endpoints
- Coin listing
- Mobile app integration
- Order books
- Proximity trading
- Easy user interface
- In-app wallet
- 2 factor authentication
- Custom plugins
- Secure transactions
- Trading bot integration
- Cloud-based wallet
- Price charts
- Push notifications
Hence, these are some of the important features a coinbase clone app developers has to include in their development solutions. There are customization options to add or remove any features based on the business objectives.
Read More : White-Label Crypto Exchange Development: A Step-by-Step Guide
How does the white label coinbase clone software work?
The workflow of the coinbase clone script is very identical to that of the original crypto exchange coinbase. Let us see the general working principles of the Coinbase clone app:
1. The user must first register using his or her Gmail account. The registered Gmail account will then receive a verification link.
2. To activate the account, the user must click on that link. It is free to sign-in the account once the registration process is complete.
3. In the third step, they have to enter all required data and submit a few documents with official government approval after logging in for KYC verification. so that the administrator can approve trading.
4. Users can directly trade cryptocurrencies from the exchange admin because it is a user-to-admin exchange.
5. They must connect their bank account or credit/debit card if they want to trade cryptos. Therefore, based on current market conditions, your user can easily buy or sell Bitcoin.
Overall, the user can trade bitcoin in any fiat currency, just like Coinbase. When a Bitcoin transaction is completed successfully, the user’s cryptocurrency wallet will instantly receive the bitcoins.
Add on modules to incorporate when you create a coinbase clone application
When businesses launch a coinbase clone app, there are many features in the clone script, but to improve it various add-on modules are included in the it. A Coinbase clone script can incorporate the following typical add-on modules:
- Airdrop management
- Drak light mode
- EVM compatibility
- Mission reward system
- Banners
- QR scanner code
- Staking
Each of these features used to create a coinbase clone app will increase the functionality and user experience by giving users more customization options and additional capabilities to suit their unique requirements.
In the next para, we are going to address how businesses can make money with just coinbase clone script development.
How startups can make high ROI with coinbase clone script development?
With an impressive set of features, businesses can start with coinbase clone app development and make high ROI. It facilitates a faster construction and launch of the exchange platform. These clone scripts’ simple setup and lack of exorbitant fees allow startups to concentrate on marketing and generating revenue. A coinbase clone script also gives startups the freedom to tailor the platform to the preferences and needs of their customers. For a better customer experience, these clone scripts include payment processors and a user-friendly interface. Startups can quickly increase brand recognition and quickly achieve maximum profits in this way. The development of a Coinbase clone script is a great option for startups looking to maximize return on investment.
Why choose opris to develop a crypto exchange like coinbase?
Opris offers a best end-to-end coinbase clone script development services. Our software developers comes up with reliable, secure and scalable solutions to start your crypto exchange business. Opris coinbase clone script development services help you develop a best clone application with robust analytics, safe user interface, features and more. Our app developers also customize the whitelabel clone app based on your business requirements and we also offer support even after the launch of the coinbase clone platform.
Conclusion
To summarize, One of the best options for starting an exchange business is the Coinbase Clone Script. This script makes sure that the platform has all of the features and capabilities required for a successful startup. Additionally, it is an open-source platform that gives access and control over the code for customization. Overall, the Coinbase clone script offers a great selection of features and streamlines and improves the cryptocurrency exchange industry.
