Cryptocurrency Exchange Solution

The process of building a CEX is pretty complex. You need to choose the jurisdiction where it will function, choose the underlying blockchain technology for its creation, and decide on the tech stack you will need. Next, it’s time to find investors for this costly, large-scale project and take care of liquidity provision. It’s also vital to introduce rigorous security measures to protect user funds and identity data from breaches. The technical side involves back-end development (smart contracts), front-end design, and security feature integration.  

Starting your CEX with a white-label solution is much quicker and more affordable than custom development, as you receive the majority of pre-built features requiring only minor customization. A simple platform with minimum features can be launched in 4-6 months. However, heavily customized and feature-rich projects take a minimum of 1 year to be built from scratch, tested, and deployed for users. 

A crypto exchange allows the purchase and sale of various cryptocurrencies by registered users. A regular exchange also provides educational resources, a variety of staking pools, and derivative trading features to diversify the user experience. Users interested in a specific exchange can register their accounts, deposit some crypto money or fiat money to buy assets, and hold their belongings on the exchange’s platform for further trading or passive revenue from investment/staking. 

A white-label platform is a pre-made functional product equipped with the basic minimum of functions required for the specific product type to operate in the market. When it comes to a CEX white-label solution, you receive the ready set of features, such as a customer profile, spot and leverage trading features, custodial wallets, token support, etc. Your task is to develop a unique front end and choose the features you need to have customized. Thus, you get a functional CEX quicker and at a lower cost than development from scratch would require. 

It’s vital to provide clients with asset liquidity before a CEX starts its full-scale functioning. Otherwise, users will be unable to trade assets safely and enjoy predictable pricing. Other things clients should provide to us include UI/UX design expectations (or existing design specifications), the range of platforms supporting the CEX (whether a mobile version is needed or not), the need for a fiat currency option, deposit/withdrawal functions, etc. If you have a native CEX token to be added to the exchange, 4IRE developers will need detailed token data (network, name, tokenomics, etc.) to integrate it smoothly. The dev team should also have a detailed list of features (standard and customized) that you complete together with a 4IRE manager.  

Yes, our CEX platform’s front-end design is fully customizable in terms of UI/UX, with a wide range of options available for your choice. You can easily tailor the new CEX’s design to your existing brand identity and style. We can also tailor the back end and add new blockchain and asset support to your platform on demand. 

By default, our white-label CEX product supports many well-known cryptocurrencies, like ETH (and all ERC20 compatible coins), BTC, ADA, LTC, BCH, XRP, TRX, and CEX. Other blockchains and crypto coins can also be added during your platform’s customization process. 

Yes, it’s fully possible to add extra features during customization. We have a white-label product that has many optional modules and allows flexible configuration depending on your needs. However, you need to remember that extra features will require additional payment and will increase the time to market. Thus, it’s better to discuss all new features you want to add with a 4IRE manager and develop a customization plan before the budget and deadlines are approved. 

The total number of users registering on your platform does not threaten our white-label product’s functioning. Even if you have millions of new users, they are not likely to conduct dozens of operations simultaneously. Thus, the indicator of calls per second is more illustrative of the platform’s ability to handle the traffic. Our white-label solution has a throughput of 25,000 calls per second – a reasonable indicator on par with well-known CEXs functioning in the crypto market. 

Here we discuss the white-label CEX solution developed by 4IRE blockchain engineers, a centralized exchange product. This organization of your exchange means that your users will need to complete KYC and store their funds in the custodial wallets in your system. However, 4IRE also offers DEX development solutions for clients who seek a decentralized business solution.