Cryptocurrency is a digital and virtual currency determined by cryptography; It is impossible to double the cost. Many other cryptocurrencies use blockchain technology to create distributed networks.. Cryptocurrency is a digital asset that is designed to act as a medium of exchange. Cryptocurrency does not take place in physical form, such as paper or coin.
The UI and UX of cryptocurrency is very easy for everyone to understand. Newcomers can also easily understand the crypto trading industry and they can start their business quickly with a low learning curve.
Before entering the crypto exchange business, you should have a good understanding of the cost of cryptocurrency exchange development. This is because it plays a key role in creating cryptocurrencies such as finance, coinbase or local bitcoin.
Cryptocurrency works entirely using a specific technology called blockchain. Blockchain can be defined as a decentralized technology that has the option of managing and recording all transactions across multiple computers. The main attraction of this technology is the security it provides.
Features of Cryptocurrency Exchange App like Coinbase
1) User login
The user can log in and create an account using his credentials.
2) Registration
Login with one click on social media accounts like Facebook and Instagram.
3) Search box
Search box to find out the price of specific coins, their volume, history of coin details etc.
4) Filter
Assortment properties according to the lowest to highest, highest traded, highest to lowest market capitalization to generate dynamic data every time. Filter facility for improved user interface.
5) User profile and account details
Details of coins traded, buying and selling coins and their prices are displayed on one's account dashboard.
6) Opening a demat account
In 5 minutes, the app generates a customer's demat account. There are no fees to pay. Because cryptocurrency is not a government-issued currency, your account and holdings are not subject to government oversight.
7) Wallet facility
The app generates a wallet for the trading total. The customer can add money to invest in coins through any payment platform or withdraw money whenever they want. Single-click withdrawal facility for customers.
8) Transaction details
In general, a receipt or bill for a transaction must be generated by the app to keep a record of purchases and sales. Receipt containing details of each minute of coin transactions, including date, time, type and number.
9) Trading
Buying and selling coins is done in a second. Consumers can buy and sell coins without any hassle. An app that makes cryptocurrency trading easier for you.
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10) Set goals
A consumer can set the target price of coins at the specific price they want to buy and sell. The app executes the order automatically when the price is triggered.
11) Payment gateway
The user must be secure with his installed amount and key debit card and credit card details.
A variety of payment options are added for a better customer experience. A customer can add or withdraw his money anywhere at any time.
12) Push notifications
Another great feature of the Coinbase app is that it informs the customer about the market price of the coins. The user can check the charts and graphs related to the movement of coins and accordingly the user can plan his move.
13) News about coins
This app makes it easy for investors to see the market price and its fluctuations. Various experts look at guidelines for buying and selling coins.
14) Buy and sell coins hints and analytics
Different types of charts and graphs to identify the coin market trend. Possible up or down movement estimates are based on previous studies. Trading view of coins to evaluate the optimal time of purchase and sale of coins.
15) Portfolio management
Coin portfolio includes all types of purchased coins. For any investor, their portfolio means a lot to them. It shows the wealth of their coins.
16) Profit and loss statement
The app shows total profit and loss in percentages to investors. Users can check and download daily, weekly, monthly and annual profit and loss statements.
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How much does it cost to create a cryptocurrency exchange app?
With the feature set we just attended, apps like Coinbase can cost from USD 57,000 to USD 98,000.
If you want to develop both the website and the application for your cryptocurrency exchange platform, the amount you have to pay in the name of cryptocurrency exchange app development - USD 1,32,000 to USD 1. 45,000.
* Disclaimer: These are just a range of approximations. The actual estimate is made only when the scope of work is prepared after the analysis of the completed project.
Once you know the cost of crypto exchange development, you are now 80% ready to launch your cryptocurrency exchange platform.
You now have only two things left to look at - A. How to convert your cryptocurrency exchange securely and B. Some other challenges along with the security you need to prepare before you start your cryptocurrency exchange business.
The end
Coinsclone is an experienced and reputed cryptocurrency exchange software provider in the crypto industry. We are masters at providing first-class cryptocurrency exchange software. Our software can help you launch the top crypto conversion in a few days. Our cryptocurrency conversion scripts are bug-free and come with 100% secure source code.
You can also hire a mobile app development company that will guide you to develop your cryptocurrency exchange application and provide you with mobile app development services.
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