How to Get Your Own Crypto Broker Platform?

2022-8-24 11:39

The worldwide expansion of crypto markets present a great opportunity for institutional investors to diversify into digital asset trading ventures. The driving factors have fueled adoption leading to over 300 million crypto owners worldwide. In comparison, there are just a little more than 500 exchanges. Crypto broker platforms are the easiest and most affordable way to offer services in digital asset trading and gain attractive commission intermediating transactions. This article puts the spotlight on the benefits of availing a self-branded crypto exchange through a white label crypto broker program, and how to use it to leverage maximum business opportunities. 

What is a Crypto Broker Platform?

A crypto broker platform empowers participants with the ability to offer trading facilities available across crypto exchanges. Variations exist depending upon the types of features or available services. The nominal monthly subscription charges offer an affordable solution for institutional investors seeking to make a foray in crypto trading services. 

A crypto broker platform bypasses initial processes like R&D and setup- letting enterprises gain an edge and leverage growth by offering services in digital asset trading. This allows them to prioritize and allocate higher resources towards other aspects of business development, marketing and promotion. There are multiple additional advantages as well. 

Why do Enterprises Prefer Crypto Broker Platforms?

In addition to reducing the hassles and time taken for setting up a crypto trading service, crypto broker platforms offer the following benefits:

a) Compliance with Legal Frameworks

Reputed crypto broker platforms are mostly built by cryptocurrency exchanges operating on a global scale. Their market exposure enables them in building platform products and solutions that are compliant with the ever-growing crypto rules and regulatory frameworks.. 

b) Dedicated Support and Maintenance

Firms providing crypto broker platforms offer round the clock support and maintenance to their clients. There are dedicated assistance teams, often with multi-lingual support.

c) Efficient KYC/AML

KYC and AML requirements are mandatory for all institutions offering financial services, and even more so for crypto. Though witnessing rapid integration across countless domains, the underlying architecture behind cryptocurrency i.e. blockchain is fairly new and facilitates efficient data validation offering real time visibility across the entire network.  

d) Liquidity Advantage

Liquidity remains a big concern across the crypto community being a relatively new market and asset class. Crypto broker programs imbibe the parent exchange’s liquidity features, which participants can further present to their customers. 

Features to Check in a Crypto Broker Program

Businesses seeking a competitive edge in crypto markets need to ensure several things. The notable areas include:

1) Multi-Currency Support

Compatibility with multiple fiat currencies in addition to digital assets stimulates business growth. Offer clients the power to transact in denominations of their choice- be it fiat or crypto. Cutting-edge crypto broker platforms like PayBito offer integrated crypto-forex solutions with trading options in more than 20 leading currencies and all leading cryptocurrencies. 

2) Technical Aspects and Compatibility

In addition to KYC/AML and legal registration requirements, crypto broker platforms should confirm the availability of technical features such as SegWit, BIPS, Firebase, ERC20 compatibility and more. They should also look out for machine engines with order books, wallet management and customer management solutions. It is essential to ensure the application’s compatibility across multiple devices(Desktop/laptop, mobile devices) and platforms(Windows, Android, iOS). 

3) Trading 

A higher number of available trading features may not necessarily reflect greater sales. Platform UI/UX and ease of use are key contributing factors to sustained business growth. Crypto broker programs offer multiple order types, trading modules, algorithmic trading, additional fiat integration and reports- depending upon their subscription amount. 

4) Security

Rapid crypto expansion has unfortunately led to a huge increase in cybercriminal activity including ransomware, hacking, phishing, spamming, and more. Safeguarding client assets is thus of paramount importance. It is vital to choose platforms that provide institution grade cybersecurity features such as Three-Point Architecture, Two Factor Authentication(2FA), IP tracking, DDoS mitigation, API-key Permission and more. 

Business Opportunities in Crypto Broking Platform 

Crypto brokerage platforms offer several additional features as well, including:

a) Crypto Loans

Several crypto trading platforms offer crypto collateralized lending options, backed by cryptocurrencies. It is an essential way to get fiat denominations in times of need. The digital asset most commonly accepted as collateral is Bitcoin.

b) Crypto Trading

Cryptocurrencies have become synonymous with trading in the capital markets sector, alongside stock equities and forex. A high number of crypto owners express interest in regular trading in addition to seasoned investors. Crypto markets are volatile, capable of reaching atmospheric highs and abysmal lows all within the span of a day. Several asset management powerhouses have already allocated capital in the crypto markets.

c) Crypto Banking

Crypto banking refers to digital banking solutions provided by digital asset trading platforms, backed by cryptocurrencies. They provide higher yield returns than conventional bank interest rates. Clients can also open and maintain Savings and Current Bank A/Cs.

d) Crypto Payment Gateway

Almost 60% of the world’s top 250 business organizations and financial institutions utilize at least one type of cryptocurrency. Cross-border payment transactions and remittance are the main uses of crypto payment gateways, which offer instantaneous payment transfer solutions at charges fractional to legacy processing services.

Wrapping Up

The rapid proliferation of crypto markets is boosting the adoption of crypto brokerage platforms around the world. Businesses willing to stand out and leverage growth opportunities prefer PayBito’s white label crypto broker platforms. The US-based digital assets exchange offers 1-month free trial, access to over 400 global crypto markets, and trading options in over 20 fiat denominations. Enterprises get instant access to a branded crypto exchange along with state-of-the-art blockchain technology and unmatched liquidity.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Business Network Incubator (BNI) на Currencies.ru

$ 5.295E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 BNI

broker platform crypto business using white trading

broker platform → Результатов: 118


Libertex Review – Fees, Deposit, Features

Since its founding in 1997, Libertex has forged an exceptional reputation with its user base growing to more than 2.2 million clients in 110 countries.  As an online trading platform and multi-asset broker, the company has been licensed by the Cyprus Securities and Exchange Commission (CySEC), ensuring that it’s fully compliant with all regulations and […] The post Libertex Review – Fees, Deposit, Features appeared first on CaptainAltcoin.

2022-7-2 17:53


Фото:

Cryptocurrency Trading at CFD Platforms with Exness

To get started in cryptocurrency trading, the best solution is to use an online broker. But be careful, to choose the best platform of this kind, since several elements must be taken into account. Bitcoin, Dogecoin, Ethereum, Ripple, LiteCoin—all these cryptocurrencies are popular and represent an attractive financial asset. Along with this, there are evenRead More

2021-10-15 16:00


SFOX unveils crypto trading product built for hedge funds and asset managers

SFOX (San Francisco Open Exchange), a bitcoin and cryptocurrency prime broker, today unveiled its new crypto trading product built specifically for hedge funds and asset managers. The broad suite of sophisticated trading and portfolio management services unveiled will allow hedge funds to execute sophisticated trading strategies at scale in a single platform.

2021-9-17 18:17


Фото:

Australian Online Broker SelfWealth to Launch Bitcoin (BTC), Ether (ETH), Other Crypto Trading Services

Australian publicly traded company SelfWealth will be an “Australian first” as it gears to offer the ability to buy and sell crypto to its customers. SelfWealth to Add Crypto to Its Platform Australia Stock Exchange-listed (ASX) share-trading platform SelfWealth is set to add crypto support to its platform, a report by the Australian Financial ReviewRead More

2021-7-12 10:00


Фото:

Libertex Review [2021] – Fees, Deposit, Features

Since its founding in 1997, Libertex has forged an exceptional reputation with its user base growing to more than 2.2 million clients in 110 countries.  As an online trading platform and multi-asset broker, the company has been licensed by the Cyprus Securities and Exchange Commission (CySEC), ensuring that it’s fully compliant with all regulations and […] The post Libertex Review [2021] – Fees, Deposit, Features appeared first on CaptainAltcoin.

2021-4-26 16:02


Klarna partners with Safello to bring users crypto purchases from their bank account

CryptoNinjas » Klarna partners with Safello to bring users crypto purchases from their bank account Klarna, a global payments provider and shopping service, and Safello, a Sweden-based broker for cryptocurrencies, today announced a strategic partnership to bring Klarna Open Banking to Safello’s brokerage platform for cryptocurrency trading.

2021-2-18 14:30


Фото:

Bitcoin Futures Exchange Bakkt Ramps Up Crypto Custody Insurance Coverage

Bakkt — the Intercontinental Exchange (ICE)-owned Bitcoin futures platform — has inked a partnership deal with Marsh to provide $500 million in crypto custody insurance coverage. Writing in the company’s blog on Monday, Bakkt President Adam White announced the collaboration with insurance broker Marsh to provide $500 million in coverage to crypto custody clients.

2020-5-20 00:15


Фото:

Bakkt Announces $500M Crypto Custody Insurance and Onboards 70 New Clients

Bakkt partners with insurance firm Marsh to expand its insurance coverage.   Bitcoin futures platform, Bakkt, has announced it is extending institutional custody insurance coverage. The platform, unveiled in August 2018, offers a custodial solution for ICE’s Bitcoin futures exchange and has also struck a partnership with Marsh, a well-established insurance broker.

2020-5-21 18:54