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Showing posts from June, 2021

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 bitcoins. As said above it requires a significant capital cost. The Cost of the Clone Script might seem Rich but kindly remember this business will make the Richest. In Localbitcoins you don’t need to add your bank account details like other exchanges instead, you just have to create an account and search for other users to make trading. For instance, if you want to buy bitcoins in localbitcoins, You have three broad options.  1. You can buy it in online in localbitcoins website via highly secured Escrow featured integrated wallet. 2. You can pay via payment options such as Bank transfer, Paypal and some other mediums. 3. You can directly meet buyer and get...

The Epic Begineers Guide About Pancakeswap

  Nowadays Food Themed Defi Protocols are on the way to the market yet the most popular one is Pancakeswap.   PancakeSwap is one of the famous DeFi based Protocol which aims to provide Automated Market Making (AMM) by being a #1 liquidity provider. This open-source DeFi based exchange is built on the Binance Smart Chain (BSC) through which the platform users can swap BEP-20 tokens. CAKE is the native token of PancakeSwap and the users can swap, add liquidity, farm, yield, stake, and win CAKE Tokens through lottery. Native Token  of Pancakeswap is Cake token and its run behind Binance Smart Chain, Automated Market Maker is the Exchange module   Automated Market Maker   An Automated Market Maker is a decentralized exchange protocol that doesn't need an order book but relies on the mathematical formula to set the price for the assets. The price of the assets is fixed according to the pricing algorithms. This pricing formula can vary according to the DEX protocols.A...

Features Need to Integrate on Pancakeswap Clone Script

  PancakeSwap is one of the famous DeFi based Protocol which aims to provide Automated Market Making (AMM) by being a #1 liquidity provider. This open-source DeFi based exchange is built on the Binance Smart Chain (BSC) through which the platform users can swap BEP-20 tokens.   PancakeSwap Clone Software is a complete software package built on Binance Smart Chain (BSC) Smart Contract to launch your own food-themed DeFi Exchange like PancakeSwap with inbuilt features and plugins such as swap, stake, farm, trade, and more   Premium Features of Our PancakeSwap Clone Script We deliver PancakeSwap Clone Script  inbuilt with features that attract more users to the site and gain huge brand identification and revenue. Listed here are the prime features that come along with our PancakeSwap Clone Script Swap Lets users swap BEP-20 tokens and earn native tokens CAKE Liquidity Allows users to add liquidity to the pools by depositing tokens Farming Users can stake and farm LP tok...

Centralized Vs Decentralized Exchanges

  Classifications of Cryptocurrency Exchanges     1.Centralized Exchange 2.Decentralized exchanges 3.Hybrid cryptocurrency exchanges   Centralized cryptocurrency Exchanges   Any cryptocurrency exchange website which has a central authority (i.e) admin to control the trading activity is know as centralized exchanges.   In technical terms, This kind of cryptocurrency exchanges will store the traders private key in centralized cloud storage, and the customer will not be able to proceed trading without sending the amounts to the admins control.   Pros:   1. Easy to use 2. Secured   Cons:   As the exchanges stores private keys in cloud storage, it will become a honey pot for hackers to steal all the funds.     Decentralized Cryptocurrency exchanges   This kind of cryptocurrency exchanges will not mediate the trading with the governance of the website admin. Which means the admin has no control over the funds, and the private ke...

What Is The Business Model Of Wazirx

  Wazirx, one of the prestigious P2P Indian Cryptocurrency Exchanges came to flash out in the news headlines after it was acquired by the world-class Crypto Exchange Binance   Wazirx is the pure P2P Cryptocurrency Exchange, where trading happens end to end with an automated super fast trade matching engine. This Exchange acts as the platform where one can buy or sell Cryptocurrencies easily with bank payment. In P2P Crypto Exchanges, the Escrow wallet plays a vital role. Here Wazirx acts as the Escrow account between the transaction Features of Wazirx Clone Script Wazirx Clone Script  is the customizable white-labeled website Script/ Software integrated with basic features of Wazirx. Any business person can instantly launch their own exchange like wazirx with this script as the source and that exchange will function like the twin of the Wazirx Exchange. We Bitdeal, regularly update the Script up to the market trends, and here is the list of some features that are availabl...

NFT And Its Impact on Digital Economy

  As of now, the Marketcap value of NFTs has increased approximately by  1,787%, which shows the potential of NFT usage and NFT Marketplace growth in 2021 and beyond. Still Unaware of the term NFT? NFT is a Non-Fungible Token that has started revolutionizing the digital economy on a large scale. These NFTs help many meme creators, artists, and individuals who own digital assets to earn ownership for their digital works and assets. These NFTs are being the next big thing in the crypto globe after the DeFi waves. NFT Marketplaces are the online platform that lets digital creators sell their products as NFTs and earn ownership and cryptos in return. Thus NFT Marketplace is the best online marketplace for buying and selling NFT based virtual products easily with high-end security. Since there are numerous   NFT Marketplace development  service providers in the market and choosing Bitdeal for your NFT Marketplace development will be the right choice