The crypto exchange is not a new term in the world of blockchain. Nowadays, crypto exchange is the most talkedable topic by crypto enthusiasts and crypto startups. Many people in the crypto space will dream of starting their own crypto trading platform with ideal trading features. If you have a look at popular decentralized Crypto exchange platforms like Binance DEX, Bisq, IDEX, and more. These DEX platforms have unique trading features and security modules to stand out from the competition.
In this current market scenario, DEX platforms are more prominent among crypto traders and investors. This is due to the privacy and enhanced security of decentralized exchanges. In traditional crypto exchanges, users can not have control over their digital assets. But in DEX platforms, users can have full control over their assets and have high privacy in transactions.
If you are a person looking to start a Decentralized crypto exchange. Then starting an exchange like IDEX will be the best option. You can start a DEX platform like IDEX using a premier IDEX clone script. If you aren’t aware of the IDEX clone script, then this informative article will help you with everything you need to know about the IDEX clone script.
Table of Content
- What is IDEX?
- What is the IDEX Clone Script?
- How does an IDEX Clone Script Work?
- Outstanding Features of IDEX Clone Script
- Reasons to Start a Decentralized Exchange like IDEX
- How to Create a DEX platform like IDEX?
- Why pick Coinsclone for the IDEX Clone Script?
Let us begin this Mind-blowing article with…
What is IDEX?
IDEX is the fastest and the best decentralized crypto exchange platform for trading Ethereum and Ethereum-based crypto tokens. Also, it supports some major stablecoins like WBTC, DAI, USDT, USDC, and TUSD. This decentralized exchange was first launched in 2017 in the Republic of Panama. Here users can buy 50+ Ethereum tokens using the ETH and also can trade Ethereum with stablecoins. IDEX also has a live DEX order book system. So users can view the trades that are happening on the platform.
IDEX is not only concentrating on decentralization but it combines the speed of centralization with the high-end security of blockchain networks. This popular DEX platform is appreciated for the Ethereum-based Decentralized Exchange to support real-time trading & high transaction throughput. Apart from these factors, IDEX is the most advanced and popular Ethereum-based Decentralized Exchange in the crypto space. IDEX supports primary trading features like limit & market orders, gas-free cancels, Staking, Time-in-force, and more.
What is IDEX Clone Script?
IDEX Clone Script is the pre-fabricated website clone script that holds all the existing features and plug-ins of the IDEX platform. Like the IDEX platform, this IDEX clone script is completely built on an Ethereum-based decentralized network. Our IDEX clone script supports more than 30+ popular Ethereum tokens for trading. One can launch an Ethereum-based decentralized exchange like IDEX instantly by using Coinsclone’s premium IDEX clone script.
Coinsclone offers the world-class IDEX clone script which is highly customizable, error-free, and developed with top-of-the-line security mechanisms. Our IDEX Clone Script is completely designed, developed, multi-tested, and ready for deployment. Coinsclone’s IDEX clone script is the best and most reliable Decentralized Exchange Script in the crypto market which you can get with all the essential trading features.
How Does an IDEX Clone Script Work?
The IDEX clone script works the same as the IDEX platform. The following steps will help you to understand how exactly an IDEX clone script functions in real time.
- First, the user or a trader needs to create an account on the IDEX clone which should be verified by the KYC regulations
- A private key will be given to the user to manage the Ethereum wallet. If the user possesses an Ethereum wallet beforehand. Then the user can directly connect it with the platform.
- The User can click the unlock wallet option present in their Ethereum wallet and access their assets.
- Users can look at their profile option to check their available balance.
- In the IDEX clone, users can perform the trade in two different types of orders such as a market order & limit order. Also, they have an option to cancel at any time without paying a gas fee.
- Users will be armed with the DeFi Smart Contract. So they can place buy or sell orders on the platform.
- If the user finds the perfect buyer or seller, then he/she can confirm the transaction by choosing any of the payment methods that are available on the platform.
- In the IDEX clone, the digital signature will be verified by the platform owner who ensures whether it matches with the seller’s account or not.
- At the end of the trading process, the requested Ethereum token or cryptos will be credited to the buyer’s account instantly.
- Once the trading is fully completed, the user can view and check their trade status by going to trade history from the orders option of the IDEX clone script.
This is how the premium IDEX clone script will work in real-time.
Outstanding Features of IDEX Clone Script
Features play an essential role in launching a successful decentralized trading platform like IDEX. Because every user first checks the trading features available in the platform and then only they will create an account for the trading cryptos. So your trading features must be more effective for the users. And it would attract many traders from various countries and it would increase the user base of your platform. Here we list the essential features that we enable in our IDEX clone script.
- Live Trading Statistics in Graphical Representation.
- Multi-Language Support.
- Limit, Market, and Stop order trading modes.
- Multi-Signature wallet.
- Atomic Swap (off-the-chain and On-chain).
- DEX Order Book.
- KYC/AML verification
- Two-factor Authentication
- Data Encryption
- Cryptocurrency Price Ticker API.
- Staking
- Rest API.
- Advanced Content Management System.
- Security options such as Fingerprint scanners, Face recognition, and PIN security
We integrate these outstanding crypto trading features on our premium IDEX clone script. So it will help your users to get a better trading experience. Our IDEX clone script is user-friendly, so even beginners in this field can facilitate trading in a hassle-free manner.
Reasons to Start a Decentralized Crypto Exchange Like IDEX
As we know, IDEX is the fastest real-time Ethereum-based DEX platform and an eminent exchange in the crypto space. IDEX platform also has a high trade volume and provides the traditional exchange experience with blockchain security. This platform allows users to perform faster trade continuously across multiple markets. Also, IDEX permits them to cancel orders instantly without any gas fees. Now, let us see the noteworthy reasons to create a DEX platform similar to IDEX
- IDEX is a Decentralized Technology and acts as a Hybrid Centralized system that handles all user transactions. Once the user places the order, the platform is responsible for broadcasting to the Ethereum Blockchain. Also, it updates the account balance and order books in real time.
- Starting an exchange like IDEX by using the bug-free IDEX clone script will help you earn potential profits in a short time
- Your exchange can handle huge trading volumes as it operates on a real-time basis.
- Since you will hand over the private keys to users and build them with high-end security features, so the chances of hacking are impossible while starting an exchange like IDEX.
- The process of executing transactions is accelerated and you can eliminate the third parties and secure our platform.
- By starting an exchange like IDEX, your users can facilitate Anonymous trading. So there is no need to reveal the identity while exchanging cryptos which makes it a comfortable user experience.
- The IDEX platform is built with a high-end interface and provides a user-friendly & instant trading experience to its users. The off-chain structure in the IDEX allows the users to facilitate trade continuously without waiting for other transactions to be completed.
These are the notable reasons to kickstart a decentralized crypto exchange like the IDEX platform.
How to Start a DEX Platform Like IDEX?
If you are a startup or an entrepreneur have an interest in starting a decentralized exchange like IDEX. Then you can buy Premium IDEX Exchange Script. In this case, you can look for the best-decentralized exchange software provider that can provide you with these services.
Even though you use the IDEX clone script, you need to perform the following set of steps
1. Have a unique business idea
Come up with an ideal and unique business idea that stands out from other decentralized exchanges. Also, do a perfect market search before leaping into the decentralized crypto trading business.
2. Choose your Target Country
Select your target country where you are going to introduce your Ethereum-based decentralized exchange. Here are a few crypto-friendly countries where you can launch your DEX platform like IDEX:
- Malta
- Switzerland
- Gibraltar
- The United States
- The United Kingdom
- Japan
- Singapore
- Luxembourg
- Bermuda
- Estonia
3. Know the regulations and jurisdictions of the country
Once you have determined the country to launch your exchange, the next thing you need to do is find out the regulations imposed there. In this case, you can hire a legal team of advisors and a compliance team.
4. Find the Best IDEX Clone Script provider
Hire a team of experienced developers who can build you a secure decentralized exchange similar to IDEX. In this case, you can buy the premier IDEX clone script from a professional decentralized exchange software provider. One such professional IDEX exchange clone script provider is Coinsclone. We help you to develop an exact crypto exchange like IDEX according to your business requirements.
5. Make sure you have the required funds
I have seen a lot of startups and people struggle with future payments. After creating an exchange, you will require more funds for your marketing. You might require funds to enable additional features, fix bugs, and more. So it is essential to have a certain amount of funds for your project.
6. Integrate Desirable Features
Ensure that your IDEX Exchange Clone Script comes with all essential trading features. Apart from your unique set of features, here are some ideal features that you can take into account:
- Supporting all kinds of Ethereum Tokens
- Multi-Language Support
- Multi-Currency Wallet
- Staking
- DEX order book
- Live Trading Statistics in Graphical Representation.
These are some of the expected features of crypto traders that you can add to your IDEX website clone script.
7. Check whether Security Features are implemented
To deploy your own DEX platform, check whether the important security features are implemented. Some of the exclusive security features in the IDEX exchange clone script are
- Two-Factor Authentication
- Request ID for KYC/AML attributes
- HTTPs authentication
- Taking steps to prevent DDoS attack
- Biometric authentication
- After checking all these factors from your end, you can proceed with live Beta Testing.
8. Deploy and Market your Exchange
Once you are done with beta testing, you can launch your secure DEX platform like IDEX. Now, that you have done everything from your end it is time to introduce your Decentralized exchange to the market. There are some sets of crypto exchange marketing strategies you can make use of for promoting your exchange. Here we have mentioned some of the best marketing strategies.
- Content Marketing
- Joining Cryptocurrency Forums
- Email Marketing
- Bounty Campaigns
- Running Google Adwords
- Social Media Marketing and more
9. Rendering Customer Support
After marketing your exchange, you will automatically gain more crypto traders. So it is your responsibility to provide them with the required technical and customer support at times of issues. Also, make sure that you have a separate team of experts to provide 24/7 support.
These are essential steps that you need to take into account for starting a secure decentralized exchange platform like IDEX.
Why Pick Coinsclone For IDEX Clone Script?
Coinsclone is the renowned DeFi Exchange Clone Script provider in the crypto space. Being a leading clone script provider in the market, we specialize in providing secure and bug-free Decentralized Exchange Scripts with high-end security modules. You can launch a secure decentralized exchange like IDEX within a few days by using our optimum IDEX website clone script. Coinsclone’s IDEX clone script comes with premium trading features and our clone script is highly customizable. So you customize your desired trading modules as per your business needs. We have a pool of certified & well-experienced developers to develop and deliver the clientele project within the given time frame. Our premium IDEX clone script is fast, cheap, and secure with all essential trading options.
If you want to develop a secure Decentralized Exchange Development similar to IDEX at an affordable cost. Then connecting with Coinsclone will be the best solution for your business. Talk to our team experts and start to build your own DEX platform like IDEX easily.