Timing is one of the most vital aspects of starting a business. And timing largely depends on your competitors in the market. But as a startup, even with perfect timing, you cannot hope to compete with the top exchanges in the world. Even the top crypto exchanges in your region are not an attainable goal. It takes time for an organization to arrange itself.
And that is why you need a CoinSwitch clone script. A user base of 18 million is more than the entire population of many countries. And that means a platform like that has a robust structure and strong security to handle that kind of traffic.
What is the CoinSwitch Clone script?
The CoinSwitch clone script allows you to build a crypto exchange like CoinSwitch at a fraction of its development cost. Developing a crypto exchange platform from the ground up takes time, money, and effort. The effort of a team consisting of software developers and blockchain experts. On average, with 12 to 18 months of expenditure cost, development cost, and other expenses before you can launch a platform, it will cost somewhere around $200K. But with the CoinSwitch Clone Software, you can cut the cost to somewhere between $8K to $15K. And that’s less than a tenth of the developmental cost.
There are three tiers of features for the CoinSwitch Clone Software. For users and retailers, it would be to manage cryptocurrencies with security and professional utility. But above that, trading crypto and keeping a meticulous record of all transactions is a must.
Why should you build a platform like CoinSwitch?
CoinSwitch is a crypto trading platform based out of India. It is a centralized crypto exchange that uses the Order book, trading model. The crypto exchange began in 2017 in India and has since garnered a user base of 18 million. It offers over 100+ cryptocurrency trading pairings and supports 50 cryptocurrencies. Above all, the platform presents a unique feature, the platform’s woven with two other exchanges, CoinDCX and Wazirx. Thus, allowing users to switch between them to ensure the best price.
CoinSwitch is a centralized hybrid exchange that uses the Order Book and Aggregator models. The beauty of the aggregator model is that the victory of your rivals is your victory. It looks for high liquidity in all the platforms in your region and selects the best network for your users. And this is what makes CoinSwitch the perfect crypto exchange to replicate.
User Features of CoinSwitch Clone Script
- User Dashboard
- Wallet Dashboard
- Transaction History
- Aggregator Switch
- Market Order
- Limit Order
- Portfolio Management
- Auto Coin Conversion
- Crypto On-Ramping
- Crypto Off-Ramping
- Multiple Payment Methods
And for the administrators of the site, it would be the tools needed to run the businesses. And the features meant for admins will be scalable with integration specifications. All this is available in the CoinSwitch Clone Software.
Admin Features of CoinSwitch Clone Script
- Admin Dashboard
- Site Encryption Access
- Wallet Info
- API Integration
- Invoice Builder
- Mobile App Attachments
- Referral Protocol
- Affiliate Program
- Multi-lingual support
As for security, CoinSwitch Clone Script offers an array of cyber shield features for the admin and the retailers.
Security Features of CoinSwitch Clone Script
- KYC/AML
- 2-Factor Authentication
- Jail Login
- DDoS Security
- Wallet Key Security
- Data Encryption
- Anti-Phishing Security
- Cross-Site Request Forgery (CSRF)
- Server-Side Request Forgery (SSRF)
Beyond all this, there are add-on modules for the CoinSwitch Clone Software available to customize the platform to fit your needs. After all, there is no specific way to develop a crypto exchange platform.
- IEO Launchpad
- NFT Marketplace
- Crypto Lending
- Crypto Staking
- Liquidity API
And there are many more such services to exemplify the work we provide our clients. And yes, every service will be tailored and customized to the client’s specifications.
>> Also Read Our latest blog post examines the legal implications of using clone scripts
Why Should You Shakehands with Coinsclone for CoinSwitch Clone Script?
We have a diversified cryptocurrency exchange software development team, blockchain engineers, and subject matter experts employed at Coinsclone. And we work hard to create the best blockchain-based business software at reasonable costs. We assist established businesses with on-ramping cryptocurrency payments and provide specialized blockchain-based software solutions for budding entrepreneurs.
Our Cryptocurrency Exchange Clone Script are top-of-the-line software solutions built by experts with careful planning. The CoinSwitch Clone Script is the complete package for any aspiring startup stepping into the crypto space.
Our clone scripts related to the Coinswitch clone script include