In this digital era, many innovative technologies are evolving around the world and people are adopting those technologies for different purposes. Similarly, blockchain technology grabbed the attention of many people from all parts of the world. The first-ever cryptocurrency(bitcoin) was created by using blockchain which is now a trendsetter and a prominent coin in the digital world. As well, this technology is recognized as the backbone for all new cryptocurrencies that are launched in the market. Currently, the usage and prominence of crypto assets are rapidly growing day by day which makes the huge demand for crypto exchange platforms.
You might be aware of what a cryptocurrency exchange is? If you aren’t aware of the exchange concept, then let me say it in simple words. The cryptocurrency exchange is the digital asset trading platform that allows all users to buy, sell, or exchange all major virtual crypto assets securely without any trouble. There are many popular crypto exchanges in the current market but among them, Kraken exchange attracted many users and investors with its best user interface and various trading options.
In the Kraken exchange, one can choose any trading option and trade their desired crypto coins and tokens. for returns, the trader must pay a certain amount of fee in the name of “Commission Charges” to the admin of the platform.
The owner of the cryptocurrency exchange gets profitable income and it is also considered as the major revenue stream for kickstarting a crypto exchange business. In addition to this, the proprietor of the exchange platform gets benefited in the following set of ways:
- Withdrawal fees
- Deposit fees
- IEO module
- Listing fees
And much more! Hence, most crypto startups and entrepreneurs are interested in creating their own cryptocurrency exchange Platform like Kraken by using the clone of kraken exchange.
If you aren’t aware of the Kraken exchange clone, then this article is completely for you. This article discusses the hassle-free steps to get started with your own Cryptocurrency Exchange like Kraken with a Kraken exchange clone script.
Let us begin with…
Overview of Kraken Exchange
Kraken is the largest and popular Cryptocurrency Exchange in the crypto industry which is headquartered in San Francisco, California. This trading platform has a huge volume and liquidity with extraordinary features such as Margin Trading, OTC options, staking, futures, etc. This exchange was first launched in 2013 and earned the best name by offering low transaction fees & a high range of security to their global users. This exchange was currently operating in some major countries such as the United States, Japan, Canada, and European Countries. Note – This exchange is consistently ranking as one of the safest crypto exchanges for buying/selling any crypto coin.
Kraken Exchange supports all the major fiat currencies and cryptocurrencies that are prominent among traders & investors. such as USD, EUR, GBP, JPY, CAD, CHF, and cryptocurrencies such as bitcoin, Ethereum, Litecoin, ripple, bitcoin cash, EOS, Cardano, stellar, DASH, and more. Many pro crypto traders and beginners prefer Kraken exchange for trading due to some notable reasons. Such as Low Transaction fees, User-friendly Interface, Higher Liquidity, High-end Security features, and available across the globe
In this exchange, traders with professional experience find it a hassle-free way of trading. Similarly, the mobile trading application of Kraken is good which can also be taken into account for your exchange. Kraken exchange has its own crypto trading mobile app with an attractive and user-friendly interface. Kraken exchange mobile application is currently supported in both IOS and Android mobile devices.
What is the Kraken Clone Script?
Kraken clone script is the tailor-made cryptocurrency exchange clone software that holds all the current trading features and plugins of Kraken. By using this script, you can build a cryptocurrency exchange website platform like Kraken within a week.
The Kraken exchange clone script is designed and developed with advanced technology and customization options. Like Kraken Exchange, the Kraken website clone also supports a wide range of crypto coins for buying/selling with multiple trading pairs. such as Bitcoin, Ripple, dogecoin, bitcoin cash, Tron, Ethereum, and more.
Coinsclone offers world-class Kraken clone script software with the latest trading features and top-level security systems. Our premium clone script has been completely tested in terms of design, analysis, and development. By using our cryptocurrency exchange clone software, you can customize the visuals, themes, and trading features according to your business needs. Besides, our clone script is fast, secure, scalable, cost-effective, and user-friendly.
How Does the Kraken Clone Script Work?
The Kraken exchange clone software works the same as the Kraken exchange. Let us see the working process of the clone script.
- Firstly, the user has to register and create an account in your Kraken clone exchange by using the mail id. Then, the verification link would be sent to the user’s registered Gmail id.
- The user needs to click on that verification link to complete the registration process.
- Then user can sign in to the account by entering the credentials.
- After signing in, the user needs to provide some essential details like government-authorized documents, driving license, and bank details for KYC verification.
- After KYC verification and approval from the admin, the user can trade any crypto coin.
- If the user wants to buy any crypto-asset, then he/she has to deposit some amount of fiat money in the account. Besides, the user must link their bank account or credit/debit card for deposit and withdrawal.
- The user can choose the type of trading and trade accordingly in crypto coins.
- Once the crypto trade is completed, the cryptocurrency will be automatically delivered to the user’s crypto wallet instantly.
- For every successful crypto transaction, as an admin of the exchange, you can collect a certain amount of money as a commission fee.
- This is how the premium Kraken clone script works in real-time.
Now, let us see…
Peculiar Features of our Kraken Clone Script
Trading features that you enable in the Kraken clone script play a crucial role in launching a crypto exchange like Kraken. Because every user in the platform will first check the trading features that are available in the crypto exchange. So the trading features that you enable in the Kraken clone script should be more effective for the users. Enabling outstanding features in your exchange platform will attract many crypto-traders and investors from various countries. Besides, power-packed trading features will help in increasing the user base. Here is the list of desirable features that you can get in our customizable Kraken clone script.
- Order Book System
- KYC (Know Your Customer) integration
- Crypto payment gateway
- Crypto exchange mobile Application for IOS and Android
- Unlimited currency exchange pair
- Live trading charts
- OTC desk
- Staking
- Market Making
- Liquidity API
- Futures trading
- Margin Trading
- Cryptocurrency Wallet integration
- IEO Integrated Module
- Third-Party API integration
- White Labelling Services
You can get all these extraordinary features in our ultra-modern Kraken clone script software. So that your users can get a better trading experience on your platform. Our Kraken clone software is user-friendly, so even beginners in crypto trading can easily buy and sell cryptocurrencies in a risk-free manner.
Security Features of our Kraken Clone Script
We at Coinsclone enable the high-end security features in the script. Here is the list of top-level security mechanisms that you should enable while developing a crypto exchange similar to Kraken.
- HTTPs authentication
- Jail login
- Data encryption
- Two-factor authentication
- SQL injection prevention
- Email and SMS verification
- Anti Denial of Service(DoS)
- Cross-Site Request Forgery(CSRF) protection
- Server-Side Request Forgery(SSRF) protection
- Anti Distributed Denial of Service
Business Benefits of using Kraken Clone Script
You can yield many benefits by using the best Kraken clone script.
- Customization scope is high so you can modify the theme, design, colour, name, logo, and other add-ons as per your business concepts
- Cost-effective
- Comes with in-built security features and elite trading features
- Saves time
- Your users can facilitate crypto transactions instantly and securely
- High ROI in a short period
- You can monitor the working process
- As an admin of the exchange, you can manage all features, transactions, security aspects, and other functions without any hassle.
- Faster deployment
- Comes with a cutting-edge admin and user dashboard
- Our premium script is completely designed and crafted by using the latest technology stacks
- No need for any technical knowledge
- High scalability
- As an admin you can set the commission fee for every crypto coin easily.
- You can launch both the website and a crypto trading mobile app by using the clone script of kraken exchange
Also Check out our blog to gain clarity on whether using clone scripts is legal
How to Build a Cryptocurrency Exchange Website like Kraken?
To create a crypto exchange platform like Kraken, you can do it in two possible ways. Firstly, you can build a cryptocurrency exchange website from scratch which is an expensive method and takes many months(approximately 6 months) to complete the exchange project. So most startups don’t prefer this method for starting a crypto exchange like Kraken. Secondly, you can get the bug-free and customizable Kraken Clone Script from the renowned cryptocurrency exchange clone script provider in the market and one such provider is Coinsclone. As already said, this is a ready-made cryptocurrency Exchange script with which you can get started with your own crypto exchange instantly. This means that you need to make the required customizations, install the script, and deploy it. Hence, you can build a cryptocurrency exchange website similar to Kraken in just 10 days!
Here are the major steps you need to take into consideration while launching a crypto exchange like Kraken
- You must come up with a unique set of Business Requirements to stand out from the crowd in the cryptocurrency sector.
- Make sure you have taken the cons of the existing Kraken Exchange and try to resolve them on your platform.
- Check for Jurisdiction in the country you are planning to build a cryptocurrency exchange website like Kraken.
- Ensure you have the required amount of funds to build a cryptocurrency exchange website similar to Kraken.
- Have a partnership with the best payment processor
- Get in touch with the leading cryptocurrency exchange script provider to get a Kraken Clone Script.
- Check for the security modules and the trading features that are integrated.
- Deploy your exchange with the help of professionals
- Start marketing your Kraken clone exchange to your global audience
Why Choose us to build a cryptocurrency exchange website?
Coinsclone is the renowned cryptocurrency exchange script provider in the crypto industry. We have years of experience in developing and delivering crypto exchanges with utmost perfection at an affordable cost. Our Kraken clone script can be catered to as per the business requirements of the clients. With our Kraken Clone Script, you can build a cryptocurrency exchange website similar to Kraken within a few days!.
Our customizable Kraken clone software security is developed using advanced systems to prevent malicious activity and malware. This script comes with a complete package so it includes all the essential features such as Margin Trading, Payment Gateway, Cryptocurrency Wallet, Liquidity API, Admin Dashboard, User Dashboard, Referral Program, etc. You can also make the required customizations of your wish!
Talk to our team experts and get a free demo of our Kraken clone script now!