Scaling crypto exchange businesses with Onez’s software

Table of Contents

• Challenges of scaling a crypto exchange business
• What Onez has to offer
• Frequently Asked Questions (FAQs)

Cryptocurrencies, despite all the ups and downs of the crypto market, continue to grow in popularity along with all the related businesses, including crypto exchanges. New exchange platforms appear on the market almost every day, and already established ones face the problem of scaling as the number of users and demand for their services grow.

Challenges of scaling a crypto exchange business

There are two general approaches to crypto exchange scaling: expanding the trading platform throughput so it can process more orders from more users quickly and adding additional services to the platform, turning an exchange into a full-fledged ecosystem. Naturally, combining both approaches produces the best results; however, both are expensive and risky if the business relies only on in-house capabilities.

Development of a fast, reliable, and scalable crypto exchange engine is estimated to cost between $500,000 and $1,000,000. And that doesn’t include security measures or any supporting infrastructure – only the engine itself. Other services, like crypto wallet, payment gateway, or digital banking, also cost at least a few hundred dollars each to develop and integrate. Not to mention all the possible development risks and time and effort required to properly test new products.

So, white-label solutions that can be customized to meet the needs of a specific business became an obvious answer to this problem. One of the most interesting packages of white-label crypto services is offered by Onez – one of the leading companies in this market.

What Onez has to offer

Onez offers six white-label crypto products:

• Crypto wallet
• Crypto exchange
• Cypro accounting
• Crypto payments gateway
• Digital banking
• Decentralized applications and token development

Naturally, every product can be customized both in terms of UI and visuals and in terms of actual capabilities and features supported. All products can also be integrated into one seamless branded ecosystem.

Onez’s software supports 30 blockchains with their respective coins and tokens, staking on six different blockchains and NFTs of both ERC-721 and ERC-1155 standards. Thus, it is easy to assemble a combination of supported assets that will please most crypto exchange users. Onez software can also be used to expand an already existing platform into new markets. Importantly, the entire process from order to launch of an exchange powered by Onez’s software takes a few months at most.

Currently, no major bugs, no security issues, or data leaks connected with Onez’s software have been reported. Given the extensive use of Onez’s white-label solutions across the entire crypto market, the conclusion is obvious – the software is secure and reliable.

Thus, Onez’s white-label software is an option certainly worth considering when it comes to adding new features to an already established crypto exchange platform or building an exchange business from scratch.

Frequently Asked Questions (FAQs)

1. Can I customize the user interface (UI) of Onez’s white-label crypto products?

Yes, Onez’s white-label crypto products can be customized both in terms of UI and visuals to match your brand’s identity and preferences.

2. Are all the supported assets in Onez’s software compatible with popular blockchain standards?

Yes, Onez’s software supports multiple blockchains and is compatible with various coins and tokens, including NFTs of both ERC-721 and ERC-1155 standards.

3. How long does it take to launch an exchange powered by Onez’s software?

The entire process from order to launch of an exchange powered by Onez’s software takes a few months at most.

4. Is Onez’s white-label software secure and reliable?

Currently, no major bugs, security issues, or data leaks connected with Onez’s software have been reported. The extensive use of Onez’s white-label solutions across the crypto market indicates its security and reliability.

5. Can Onez’s white-label products be integrated into an existing platform?

Yes, Onez’s white-label products can be seamlessly integrated into an already existing platform, allowing you to expand your services and enter new markets.