The world of digital assets and blockchain technology has drastically changed over the past few years. Cryptocurrencies such as Bitcoin, Ethereum, XRP, etc have become household names and the gateway to these assets are exchanges. Most importantly, the idea of decentralized exchanges has picked up the pace, and currently, the space is extremely competitive between different platforms to provide the most convenient services in cryptocurrencies.
As mentioned earlier, the competitive edge in the industry is at its peak with multiple platforms trying to facilitate a unique and convenient user experience for targeted audiences.
This is where ByteBulls White Label Crypto Exchange is bringing forward a unique set of services for people that are trying to launch their own exchange.
Relying on ByteTrade blockchain, ByteBulls White Label Crypto Exchange can achieve a truly cross-chain decentralized exchange.
The benefit of building decentralized exchange with blockchain technology is transparency. Being based on a blockchain ensures transparency in how the exchanges operate. Every trade is generally recorded on the blockchain, which makes it easy to detect abnormalities. The decentralized exchange could not make fake assets or transaction volume to fool users. Every trade in ByteBulls exchange could be queried through the ByteTrade block explorer and thus ByteBulls provides the full on-chain transparency and allows trustless participation for various industry players.
ByteBulls White Label Cryptocurrency decentralized exchange solution stands out in the industry at the moment because they have established the most technologically sound blockchain with a diverse ecosystem of Decentralized Applications(dApps):
- Leading blockchain technology: ByteTrade blockchain was officially released in July 2018, which is a high-performance cross-chain public network that is aimed to aggregate the liquidity among different blockchains. Cross-chain decentralized exchange: One of the main reasons why decentralized exchanges have not been widely adopted because most of the top exchanges only allow their users to trade assets residing on a single chain. This limits the options for a user who has been trading with Ethereum or Ethereum based-tokens cannot access other assets such as Bitcoin, Litecoin, etc.
ByteBulls White Label Decentralized Exchange solutions stand out in this situation as its ByteTrade Blockchain is well-positioned to tackle such interoperability issues. The decentralized exchange leverages the capabilities of ByteTrade blockchain, so the decentralized exchange can support multiple blockchain assets. Currently, you can trade BTC, ETH/ERC20, LTC, BCH, DASH, DOGE, EOS,ETC, XLM, XRP, and other mainstreaming or customized blockchain assets.
- Automatic on-chain match: ByteTrade is a dual-chain system and it has a settlement chain and a matching chain. It means that the match engine of the exchange is built on the blockchain as well, so orders are matched automatically on the blockchain to avoid front-run issues.
The overall speed of a blockchain network is determined not only by the blocktime, but also by the confirmation speed of each block. Since subsequent block confirmation is not required under the Consensus-Before-Packing mechanism, a giant leap in network speed is achieved, with the blocktime rate at 1 block/s.
It ensures the ByteBulls decentralized exchange has a fast trading speed. Plus, all transactions could be retrieved in the ByteTrade block explorer.
- Fast and scalable: ByteTrade consensus algorithm ensures the fast trading speed, which is the same as centralized exchange. The scalability of the ByteTrade blockchain ensures that the TPS could be scaled to meet any trading volume.
Start your own Decentralized Exchange within a week!
The main allure of ByteBulls white label solution is the fact that they combined the feasibility and convenience of a centralized exchange, with the security and independence of a decentralized platform. With the help of ByteBulls white label solution, entrepreneurs can start an operational exchange in 1 week.
1. Shared liquidity: All exchanges that are built on the ByteTrade blockchain will share the liquidity pool for the same trading pair.
New exchanges will be full of orders from day one by sharing order book depth and liquidity from ByteTrade 500,000+ users around the globe. Similarly, as a trader, your orders could also be made available to multiple exchange platforms at once.
2. Agile and Fast Deploy Experience: 1 Domain + 1 Logo = Massive Users and Revenue
No backend server needs to be maintained by clients because everything is handled and processed by ByteTrade blockchain which owns 11 server clusters around the world. It saves you a team of engineers.
3. Lifetime Warranty, Maintenance, and Support:
ByteBulls has a team of professional blockchain experts and software engineers to provide you the support when necessary. ByteTrade Blockchain is upgraded regularly to ensure the technology is always leading. 24/7 technical support is provided to all clients and applies free upgrade of website and applications at least twice per year to client products.
4. Diverse crypto solutions to meet different requirements:
ByteBulls offers the advanced trading platforms for clients to launch their crypto exchange without border limitation, the Token Sales Platform that helps clients sell tokens or conduct ICO/IEO/TGE events to raise funds, and also a matrix of Decentralized Applications such as utility apps and gaming apps to help entrepreneurs enter the blockchain business world whichever angle they prefer.
ByteTrade blockchain already provides a secure decentralized wallet system, however, to enhance the security of users’ accounts and assets better, Bytbulls has added the two-factor authentication. ByteBulls also has a monitoring program and automatic alarm and utilizes AI-powered intelligence to enhance security, risk, and compliance strategies.
ByteBulls White Label Solutions aim to help entrepreneurs launch their crypto business easier and faster.
Although providing the industry-leading technology, product, solution, and service, ByteBulls fee is relatively low. The fee is just 20% or 30% of other competitors in the industry. ByteBulls would like to build and maintain a long term and healthy partnership with their clients. ByteBulls fee structure consists of a small amount of setup fee + reasonable transaction fee revenue share. Compared to building an exchange, the ByteBulls team thinks it is more difficult to operate an exchange successfully. While imparting knowledge of exchange operations to customers, they will provide different solutions to meet different clients’ business requirements and achieve different goals.
Please contact their expert consultants to evaluate your business requirements and get a detailed quotation.
The future of ByteBull is extremely positive considering the white label solution is not resting on its current laurels. The exchange has a fast-growing partnership model in Europe, Africa, North America, and South America, and it is likely to grow into other regions as well. The main objective of aggregating global liquidity on a cohesive blockchain solution is visionary and the organization is on a right track.
Disclaimer: This is a paid post and should not be considered as news/advice.