In the cryptocurrency world, to make a huge set of profits, people are interested to start a crypto exchange of their own. The profits here refers to every trading, every coin/token listed on the exchange, every advertisement on the exchange, every deposit/withdrawal on the exchange, etc.
This blog provides the importance and steps to launch a Bitcoin Trading Platform similar to Coinbase.
What is Coinbase?
Coinbase is one of the most reputed and traditional cryptocurrency exchange right from 2013. This exchange has been supported across 55+ countries all over the globe while European Countries top the list. Coinbase offers the following set of features to their traders:
- Cryptocurrency Trading
- Crypto Wallet Storage
- Developer API
This exchange has served more than 20 million people across the world. The payment methods also depend on the country you have planned to launch.
When it comes to security and privacy, the coinbase exchange platform verifies user details for identification purposes. There are totally 4 Levels of identification process involved in the coinbase exchange platform.
- Initially, the exchange verifies the trader’s email address, phone number.
- Secondly, users need to provide their personal details such as Name, DOB, Address, etc.
- Thirdly, the bank and credit/debit card details should be provided to the Coinbase exchange platform.
- Finally, users need to submit identity verification documents such as Tax Identification Number, Government verified documents, etc.
Moreover, Coinbase supports a wide variety of fiat currencies for trading such as Euro, USD, GBP, etc. With its high popularity, most of the crypto entrepreneurs who are interested to start a crypto exchange can develop an exchange like Coinbase.
RECENT NEWS ON COINBASE
UK Traders can now start trading four additional crypto assets: Tezos (XTZ), DAI, EOS, and Chainlink (LINK) from November 20.
What is a Coinbase Clone Script?
If you are interested to build your own exchange, you can get a Coinbase Clone Script. This is a website clone script that comes with superfine features.
Being a US-based exchange platform, it supports both centralized as well as decentralized strategy. You can instantly start a crypto exchange like Coinbase with a Bitcoin Exchange Script.
Why you should start a crypto exchange like Coinbase?
Launching a crypto exchange like Coinbase is going to be a hassle-free task with the following set of steps:
- The initial thing when opening a bitcoin trading platform is to research and analyze. Creating an exchange like Coinbase is fine, however, to stand out from the crowd you need to come up with high-end features.
- Look for the jurisdictions of the country where you have planned to launch the crypto exchange. Since most of the countries haven’t made cryptocurrencies legal, it is important that you need to check them.
- Analyze the benefits as well as disadvantages in the Coinbase exchange platform. You should integrate both the foredeals as well as rectify the disadvantages & integrate them into your platform.
- You can get a Coinbase Clone Script from us, the best-in-class clone script solution provider in the industry and customize the features you are looking in the exchange platform.
- Make sure you have included all the desired characteristics in the exchange platform. If you are not sure of additional features, you can check for the trader’s opinions in this case and this could be highly beneficial for you.
- Once you get the Coinbase Clone Script, you just need to deploy and get started with your own exchange platform.
Why buy Coinbase Clone Script from Coinsclone?
We people at Coinsclone, the top-notch Coinbase Clone Script Solution Provider to assist you in starting a Bitcoin exchange platform.
We analyze every single requirement of our clients and develop the Coinbase Clone Script services accordingly.
- Intuitive UI/UX.
- Admin Console.
- Trader Console.
- Integrated IEO Launchpad.
- Completely customizable Bitcoin Exchange Script.
- Advanced feature-packed Coinbase Clone Script at a reasonable cost.
- Security Token Exchange Integration.
- Payment Gateway Integrated.
- Cryptocurrency Wallet Integration.
- Liquidity API.
- Atomic Swaps.
- Mobile Trading Application for Android, iOS.