A Comprehensive Guide to start your Crypto Exchange business with a coinbase clone script

Cryptocurrencies have become rapidly growing in the present decade. In this crypto era launching your own crypto exchange business is the finest idea because a lot of investors are ready to invest in this business. Since bitcoin's dominance, cryptopreneurs believes crypto exchange is one of the promising business that brings up huge benefits. Many cryptocurrency exchanges are successfully racing in the crypto market. Coinbase is one of the popular exchanges in the crypto exchange market. It is an OTC-based crypto exchange with a user-friendly dashboard. In this blog, we will see the complete guide to starting a cryptocurrency exchange like coinbase.

What are the ways to start your crypto exchange like coinbase?

If you are planning to start a crypto exchange business like coinbase, you can start in the following ways.

1. Developing an exchange from the scratch 
2. Purchasing a ready-made clone script from a trustable software provider

Developing an exchange from the scratch

In this method, you can develop your crypto exchange platform from the scratch. If you are a techie or well-versed in all technical phases, you can proceed with this method. This is a long-term process and a little more complex than the second one. Because this one needs huge requirements. If you want to instant solution for your crypto exchange business, you can move away from this method and go with the second method.

Purchasing a ready-made clone script from a trustable software provider

It is a perfect approach for entrepreneurs, who don't have to spend much time in their business and need an instant solution. Coinbase clone script is a pre-developed, pre-tested, and ready-made software, that is loaded with all essential and existing features of coinbase. Let me explain the difference between the two methods.

I hope you got the clear difference between the two methods. Nowadays most businessmen and entrepreneurs prefer the second method only. Because it's a cost-effective and instant solution. Apart from these two terms this software is loaded with a lot of business benefits and top-notch features. Let's see the noteworthy features and business benefits in detail.

Business benefits of coinbase clone script

No need for high technical knowledge

There is no need to become a techie to develop a crypto exchange like coinbase. Because is already a pre-developed and readily deployable solution.

Highly Customizable

Already we have seen, it is completely modifiable, you can add or remove any necessary feature according to your business.

Super fast transaction

You can buy/sell cryptocurrencies instantly, there is no time restriction and limits for cryptocurrencies.

Over-the-Counter(OTC)

OTC is a unique and sophisticated option for coinbase. This means buying/selling the cryptocurrencies directly between two parties, without the supervision of an exchange.

Revenue-generating modules

You can integrate multiple revenue-generating modules within your software (Transaction fees, Affiliate commissions, Promotions, and more). which will bring ups a hefty ROI for your business.

The Coinbase clone app

You can access all features and options within your mobile because it supports mobile applications too. It makes it much easier for trading and brings ups, huge mobile users.

The Noteworthy features of the coinbase clone script

1. User-friendly panel
2. Multi-crypto wallet integration
3. Multiple payment support
4. Real-time trade update
5. Multi-language support
6. Trading bot integration
7. OTC trading
8. Multi cryptocurrency listing
9. Latest analytics and reporting
10. Add-ons
11. Liquidity API
12. Pushup notification

Latest security features of coinbase clone script

1. KYC/AML Verification
2. Two-way authentication
3. High secure wallet
4. HTTP Authentication
5. Anti-phishing software
6. SQL Injection projection
7. Login guard

Where to get the coinbase clone script?

Hope you got why clone scripts are better for budding entrepreneurs. This is the reason why it's considered the most cost-effective and creative solution for entrepreneurs. Because in this rush world, businessmen and entrepreneurs don't have to spend much time in a single business. All entrepreneurs are expected the two things only. One is an instant solution the other is a cost-effective way. So these two factors are highly applicable to the clone scripts. So before launching your crypto exchange business, just research the following question.

1. Which software provider is active in the market?
2. How they are popular? 
3. What services do they offer?
4. How many years of experience in the crypto field?
5. How much time take to deploy the software?

Research and analyze the above question, and choose the best coinbase clone script development company, which leads to success for your business.