A White label Decentralized Exchange is a ready-made convention that permits industries to develop their exchange platform based on personalization. These platforms offer several attributes concerning buying, selling, trading, staking, holding and transforming cryptocurrencies.
White label Crypto Exchange Software is a readymade software that allows you to customize the script based on your business needs and lanuch it.
These softwares are already tested and verified by the provider so you dont need to worry about the security issues and other technical requirements such as trade engine, wallet, UI and admin panel which have been already integrated in the script.
It saves you lot of time and cost as it dont allow you to develop from scratch on your own.
In past several years there have been some major flaws in cryptocurrency exchange and trading process that leads to security issue and lots of loses.
Therefore there is a strong need for a method in which cryptocurrency can be transacted without the need for centralized third party organization.
Decentralized cryptocurrency exchange is the one that intends to bring about a change in the crypto world.
Unlike centralized exchanges decentralized exchange do not have middle man service which has the access to private keys.
In decentralized exchanges, trades takes place on peer to peer method, this means that the trading will occur between 2 users and their currencies will get transferred from each others wallet.
To ensure that whether the trading takes place safely without any risk, decentralized exchange offers escrow services in which both the parties will get their funds after the end of their deal.
The white label crypto exchange has widened the wings for various industries to adopt this featured solution for their business to provide safe and secure transactions for the users.
It is integrated with automated smart contracts to handle the flow of transactions.