Nowadays, Many startups are requesting for P2P cryptocurrency exchange development companies to build a well carved transparent P2P exchange. This is because today's crypto users prefer Peer to Peer exchange to trade privately rather than the regular method.
Generally, Peer to Peer cryptocurrency exchange of the most important types of crypto exchange with numerous advantages and a successful business model. This trading platform enables automated peer-to-peer transactions in the blockchain powered smart contracts.
As P2P exchanges work utilize the benefit of both centralized and decentralized exchange platforms. It offers secure and private transactions like decentralized exchange and trading options with centralized exchanges that resemble the fiat currency. Thus, it caters to both novice and experienced traders of all kinds.
As technology moves at a fast pace, one has to act accordingly to keep up with the market trends. So if you want to build a sustainable P2P cryptocurrency exchange, you need to analyze the market and come up with the best software features. Because your software feature only talks about your platform to newbies or users coming from other crypto trading platforms.
For your convenience, we've listed some of the best features you should integrate into your software during your development process:
These include:
Multi-Lingual support
Automated KYC & AML verification
Robust trading engine
Dispute management
Simplified payment gateway
Crypto swaps
Multi-currency wallet
Escrow service
Two-Factor authentication
Preferred way of trading
These are must-have features in the development of software along with other features you include. While incorporating these incredible features in software development, it affects the cost of P2P software development to a certain extent.
This includes not only features, but also safety and security factors, business structure, number of developers, additional services and other factors that affect the cost of software development. Therefore, we cannot predict the exact price, but the cost of P2P cryptocurrency exchange development starts from $ 4000 and may vary depending on the factors discussed above.
So choose the best P2P cryptocurrency exchange development company and get the outstanding developers to develop your crypto trading business platform. Also, you can state your needs and preferences to build a well-crafted P2P crypto exchange to jump into the decentralized crypto future!