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Showing posts from December, 2019

How to start an Peer to Peer Cryptocurrency Exchange?

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In a Peer to Peer Cryptocurrency exchange, the trading happens Peer to peer, i.e node to node. Here, every node(every user) has the same authority. In P2P network, all the file, data is shared in a network but it is accessible to every node. In a traditional network, one node is acting as a client and another node is acting as server, therefore, one node has the central authority to upload, share, files in the network and the other node has only access to download the files When it comes to Peer to Peer network, Both act as client node as well as server node, so one can upload files & download files from both sites. This above technology is used in the Peer Peer Cryptocurrency exchanges. How it works? This exchange platform trade matching engine plays an immense role. Once the trade matches, trading happens instantly and automatically based on the software integrated into the particular platform and the buyer and seller’s account verifies instantly a...

Tips to set up on Exchange Platform like Localbitcoins?

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Localbitcoins is not just an exchange Platform it is the place to meet other crypto enthusiasts. Like some exchanges, you don't need to add your bank details in it. The unique thing about local bitcoins is you can find the traders and proceed with trading. You can find feedbacks/reviews in each trader's profile. It is advisable to have a look at the profiles before proceeding with trading. In Localbitcoins, you can also meet traders and buy cryptos for your local fiat currencies. since, this exchange has gained the name, local bitcoins. It has unique features such as Ø Escrow service Ø Ad-Posting Ø Multiple Cryptocurrency Wallet support Ø Chat bot integration Ø Token Listing Ø Online/offline trading Ø Dispute Resolution How to build an exchange like localbitcoins? To build an exchange Platform like localbitcoins, You need Localbitcoins Clone Script. Localbitcoins Clone Script  is the raw ready-made website script with default feat...

Head to Head Comparison- Paxful VS Remitano

Paxful and Remitano are the top Powerful Cryptocurrency Exchanges in the world. Both differ and stand out in their own way. In this article, we are going to analyze the look and corner of both exchanges based upon the Ø Security features Ø Cryptocurrencies Support Ø Payment Option Ø Transaction fee Ø Customer support Ø User friendly interface Ø Affiliate Programs Security Features Security is always at the top of the list. Both exchanges do not fail to prove themselves as the secured Cryptocurrency Exchange Platform. Now, many traders did not like the intervention of third parties in their trading process and Highly prefer Peer to Peer Exchange. Paxful and Remitano, both are Peer to Peer Crypto Exchange Platform and Provides Escrow service. But the Verification Process is different in both exchanges. Paxful Exchange has Ø Phone number verification Ø Email verification Ø Address verification Ø ID proof Verification Ø Enhanced Due...

Recent Trends in ERC 20 Token

ERC 20 token is one of the by products of Etherum Blockchain which is considered as the flexible and most preferable tokens among developers . Mr. Gavin Wood, founder of etherum, told that,” Bitcoin is first and foremost a currency; this is one particular application of a blockchain  and , e-mail is one particular use of the Internet, and for sure helped popularise it, but there are many others ” Here, he mentioned that the Ethereum Blockchain is not designed for limited applications. What is Token? Generally, a Token can be used for multiple purposes. It may represent a value of a digital assets, cryptocurrency, the authority of the particular company, voting rights, etc, It is widely used in launching ICO and STO’s.  ERC 20 Token Development  is not an over not process and also not a tedious one too Let’s explore some new trends Microsoft - A Pioneer in the software Industry has adopted Ethereum Blockchain Technology to empower clients in partner...

How much money should i need to start an exchange like localbitcoins

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To start a cryptocurrency exchange like localbitcoins, you must need a premium  localbitcoins clone script , and that will cost from $1000 to $4000. This is the approximate value of raw ready-made localbitcoins clone script. Why Do People Want To Build an Exchange like Localbitcoins? LocalBitcoins is the first cryptocurrency exchange, that offered online and offline trading features with escrow script. Those who are familiar with the cryptocurrency trading market having an eager to create an exchange like localbitcoins. But, the primary concern here is, How much it will cost to set up an exchange like local bitcoins . As said above it requires a significant capital cost. PaxFul The Direct Competitor of LocalBitcoins Left Some Words on Reddit. Years ago, Paxful, one of the leading Cryptocurrency Exchanges and a direct competitor of localbitcoins, has commented on the question, “How much does it cost to build an exchange platform like Localbitcoins” on Reddit. The...

How does Peer to Peer Exchange Platform Work?

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I hope you know that Peer to Peer trading is the end to end trading process that eliminates the involvement of the third party. Many Cryptocurrency Exchanges offer smart contract powered Escrow Services. Here, smart contracts eliminate the need for the Admin. The Escrow Wallet is integrated with Smart Contract and all the activities of escrow wallets are automatically encrypted in a smart contract. How it Works Buyer and Seller sign an agreement via a smart contract regarding trading details The Seller sends virtual currencies to the escrow wallet. Smart Contract automatically sends a notification to the buyer to make payment. Once the payment received, the seller sends a notification to release the crypto from the wallet. Then the bitcoin is released from the Escrow wallet to the buyer and then the contract closes. Bitdeal , which is the leading P2P Cryptocurrency Exchange Development Company  Provides Bug...

Top Features in P2P Crypto Exchange Platform

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Now Many traders move towards Peer to Peer Cryptocurrency Exchange Platforms because of their stunning features. Many recent Peer to Peer Cryptocurrency Exchange Platforms like Localbitcoins, Paxful, Remitano, WazirX has reached a certain growth by availing outstanding features to the traders. Escrow Protection Peer to Peer Exchanges uses Escrow Protection for security purposes. Nowadays, Escrow is considered as the High-Tech security Multi-Sig Wallet Escrow offers a multi-sig wallet that eliminates the chances of theft and absconds. This escrow wallet release funds only after the approval of Buyer, Seller, and Admin. Multiple Cryptocurrency support Some Exchanges offer multiple cryptocurrency support so that their trade volume gets increased Trade through ad Ad posting facility is an important feature for any cryptocurrency exchange platform by buyer and seller can post ads based on their requirements Dispute Management System Here, one can raise a dispute,...

How much does it cost to build an exchange platform like Wazirx?

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Wazirx is the first Indian based peer to peer cryptocurrency exchange platform that has its headquarters in Navy Mumbai. Some Statistics Ø Wazirx has 150,000 active trader Ø 35,000+ app downloads Ø The app rating of WazirX is 4.44 USDT usage: Ø In WazirX, one can start trading by buying USDT for INR and then have to buy corresponding cryptocurrencies for that USDT . Ø WazirX uses USDT as a base currency for all kinds of transactions. Highlights of WazirX Ø Fast KYC Ø Mobile App facility Ø Simple User interface Ø Provides Best Security Ø Super fast transaction How much does it cost? To build an exchange platform like wazirx, all you need to do is buying  WazirX Clone Script . Its cost ranges from  2000$ to 5000$ The Cost of the WazirX Clone Script may be rich but kindly Remember this business will also make you the Richest Person! Based on the cost, the features and working methodology varies. A Business Pers...

Buy Crypto via Credit card - Binance new launch

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Binance is the well known Popular Cryptocurrency Exchange Platform which has 4 million active users per day and has the largest trade volume. It supports more than 150+ tokens and more than 1000 Cryptocurrencies. Binance stands out in the crowd by adding more trader friendly features. To Make Cryptocurrencies more global Binance has taken respective measures and two fiat to crypto supporting exchanges Binance.je, Binance.uganda. In order to elaborate Crypto eco system world wide, Binance has Announced and implement a new payment method with Credit card. In Partnership with SimpleX which is the fin-tech company. Binance users are now allowed to use visa, mastercard, etc. Check out more regarding Binance 2.0 features The Main Reason behind the huge success of Binance is Low Payment fee By adopting further more use payment options binance laying its roots stronger in the crypto world. Any Entrepreneur need not limit theirself just by trading in Binance Exchange the...

How Remitano stands out in the Crowd?

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Remitano is the Peer to Peer Cryptocurrency Exchange Platform provides Escrow featured secured trading for traders. Working Ø  buyer and seller have to fix the trade Ø The seller need to send cryptocurrencies to the escrow wallet that is frozen in the wallet Ø The buyer sends funds to the seller’s wallet Ø  Once seller notifies regarding buyer’s payment, Crypto is released from escrow wallet to buyer’s wallet Features Ø Book of orders Ø Matching system Ø Text chat Ø Payment gateways Ø User interface Ø Cryptocurrency wallet Ø unhackable Admin panel The main reason behind the quick reach of remitano is it suppots languages such as Swahili, Bantu, Arabic and other languages popular in Africa, and then into Malay. English was also the default. One can also start an exchange platform like remitano with remitano Clone script What is Remitano Clone Script? It is a website script, i.e a complete source code by making use of it ...