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Showing posts from February, 2021

Frequently Asked Questions - Localbitcoins Clone Script

  1.  What is Localbitcoins Clone Script?   Localbitcoins Clone Script  is the raw-ready made website script, by making use of this script as the source code, any business person can kick start their own bitcoin exchange just like Localbitcoins.   2.  What is the Kind of APIs I Expect from Localbitcoins Clone Software  / Script ? Ø  Liquitidy API Ø  REST API Ø  Trading Bot API Ø  Price Ticker API Ø  Market Order API Ø  Merchant API 3.  How many hours will it take to set up an exchange like Localbitcoins ?   Here is the approximate schedule, that we at bitdeal used to follow while developing a cryptocurrency exchange like LocalBitcoins Ø  Scope Discussion and Project confirmation - Nearly 130 hours Ø  Business Plan Presentation & Project Team Allocation - 100 Hours Ø  Design Phase - 180 hours Ø  Development Phase - 400 Hours Ø  Testing Phase - 80 hours Ø  Deployment Phase & ad...

Top FAQs - Binance Clone Script

  1.What is Binance Clone Script?   Binance Clone Script  is the ready-made website script with integrated trading features and security features by making use of this script any business person can kick start their own cryptocurrency exchange.   2.  What are the Security Features on Binance Clone Script?   Network and hardware security (secure data center, etc.) KYC (Know Your Customer) + AML (Anti-Money Laundering) solutions Two-Factor Authentication for users AES Encryption prevention And more security features   3.  How Many Hours It will Take to Set up an Exchange like Binance ?   Here is the approximate schedule, that we at bitdeal used to follow while developing a cryptocurrency exchange like binance.   Scope Discussion and Project confirmation - Nearly 140 hours Business Plan Presentation & Project Team Allocation - 100 Hours Design Phase - 200 hours Development Phase - 500 Hours Testing Phase - 100 hours Deployment Phase ...

Why Cryptocurrency Exchange Start-Ups need to integrate Liquidity API ?

  Liquidity API is the kind of Application program Interface integrated in the Cryptocurrency Exchange. This API lets start-ups use the liquidity of popular Cryptocurrency Exchanges.  Benefits of Liquidity API Gains  Traders Trust Liquidity is the sign of a good trading environment. Obviously every crypto trader checks out the liquidity of the crypto exchange next to security Measures. If you showcase the liquidity of your exchange then traders will automatically trust your Exchange. Fair Market Price When the exchange has good liquidity, the price of the assets will be fair. Significantly, there would be many buyers and sellers in the crypto exchange & one can make hussle free trading. Market Stability The Higher the Liquidity, the higher the stability. At times bulk trading can make a huge impact in the illiquid Market and leads to fluctuations and consistent trading regulates the market as stable. Instant Trading In the low liquidity environment, order books take m...

P2P Cryptocurrency Exchange - The Detailed Overview

  Peer to Peer Exchanges adopt the decentralization concept, here the trading happens end to end. Here Escrow places the vital role, the escrow wallet is under the control of the admin. It is the major difference between DEX and Peer to peer exchanges. How P2P Exchange works? In DEX, the transaction speed is less than centralized exchanges. Peer to Peer Exchange matches people behind the trading and the platform acts as the Escrow account during transaction.  It support ·  Fiat to crypto trading (via bank) ·  Crypto to crypto trading Escrow  Escrow is the fundamental thing in P2P Exchanges, all the transactions are handled securely within the escrow wallet Custodial assets Traders need to send cryptos to the Escrow wallet of the exchange during trading but they no need to store assets on the exchange. OTC trading OTC trading is supported here, traders can sell cryptos in the exchange and can get the desired amount via banks or in person. Key Benefits ·  Sec...